Notice of Postal Ballot.

Date: 14.10.2026 The Manager, Listing Department, BSE LIMITED Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001 Scrip Code - 530259 Sir/Ma’am, Sub: Notice of Postal Ballot. Ref: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Pursuant to Regulation 30 of the SEBI Listing Regulations and in furtherance to our intimation dated 5th October, 2026, please find enclosed herewith a copy of the Postal Ballot Notice dated Monday, 5th October, 2026 (“Notice”) together with Explanatory Statement, seeking approval of the Members of the Company on the resolution specified therein, by means of electronic voting (remote e-voting) in compliance with the relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. In compliance with the applicable circulars, the Notice is being sent to all Members whose names appear in the Register of Members / Register of Beneficial Owners maintained by the Depositories viz. National Securities Depository Limited (“NSDL”) and Central Depository Services (India) Limited (“CDSL”) as on the Cut-off Date being Friday, 9th October, 2026 and who have registered their e-mail addresses with their respective Depository Participant (“DP”) / Registrar and Share Transfer Agent of the Company i.e. Maheshwari Datamatics Pvt. Ltd. (“RTA”). In terms of the MCA Circulars and SEBI Circulars, the Company is sending the Postal Ballot Notice in electronic form only and hard copies of the Postal Ballot Notice along with Postal Ballot Forms and pre-paid business envelopes are not being sent to the Members. The assent or dissent of the Members on the resolutions set out in the Postal Ballot Notice may be communicated through remote e-voting facility only, during the following period: EVEN (E-Voting Event Number) 261012001 Commencement of remote e-voting Saturday, 17th October, 2026 (9:00 A.M.) (IST) End of remote e-voting Sunday, 15th November, 2026 (5:00 P.M.) (IST) the remote e-voting module shall be disabled by CDSL immediately thereafter. The Postal Ballot Notice along with instructions regarding e-voting has also been uploaded on the website of the Company and can be accessed directly at https://isocl.in/notice-2/ This is for your information, record and necessary dissemination to all the stakeholders. Thanking You, Yours Faithfully, For Inter State Oil Carrier Limited (Rashmi Sharma) Company Secretary & Compliance Officer Membership No. A34765 Encl: as above NOTICE OF POSTAL BALLOT [Pursuant to Section 108 and 110 of the Companies Act, 2013 read with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014, as amended] Dear Member(s), Notice is hereby given that the resolution set out below is proposed to be passed by the shareholders of Inter State Oil Carrier Limited (“Company”) by means of Postal Ballot through remote e-Voting only, pursuant to the provisions of Sections 108 and 110 and all other applicable provisions of the Companies Act, 2013 (“Act”) read with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014 (“Rules”) (including any statutory modification(s) or re-enactment(s) thereof, for the time being in force) and in accordance with the guidelines prescribed by the Ministry of Corporate Affairs (“MCA”), inter-alia, for conducting Postal Ballot through remote e-Voting vide its General Circular Nos. 14/2020 dated April 08, 2020, 17/2020 dated April 13, 2020, 22/2020 dated June 15, 2020, 33/2020 dated September 28, 2020, 39/2020 dated December 31, 2020, 10/2021 dated June 23, 2021, 20/2021 dated December 08, 2021, 03/ 2022 dated May 05, 2022, 11/2022 dated December 28, 2022, 09/2023 dated September 25, 2023, 09/2024 dated September 19, 2024, and 03/2025 dated September 22, 2025 (“MCA Circulars”), Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), Secretarial Standard - 2 on General Meetings, issued by the Institute of Company Secretaries of India and other applicable laws and regulations, if any. The statement pursuant to the provisions of Section 102(1) of the Act setting out all material facts relating to the resolution proposed in this Postal Ballot Notice and additional information as required under the SEBI Listing Regulations annexed hereto and forms part of this Postal Ballot Notice (“Notice”). In compliance with the aforesaid provisions and the MCA Circulars, this Postal Ballot Notice is being sent by the Company only to those members whose e-mail addresses are registered with the Company, Registrar and Share transfer agent (RTA) or the Depository Participant(s) and whose names appear in the Register of Members of the Company or in the Register of Beneficial Owners maintained by the National Securities Depository Limited (“NSDL”) and Central Depository Services (India) Limited (“CDSL”) as on Friday, 9th October, 2026 (“Cut-off Date”). Accordingly, physical copies of the Postal Ballot Notice along with the Postal Ballot Form and pre-paid business reply envelope are not being sent to the Members for this Postal Ballot process. The communication of the assent or dissent of the Members would only take place through the remote e- voting system. Pursuant to Rule 22(5) of the Companies (Management and Administration) Rules, 2014, the Board of Directors of the Company at its meeting held on Monday, 5th October, 2026 has appointed M/s. Rantu Das & Associates, Company Secretaries, as the Scrutinizer (“Scrutinizer”) for conducting the Postal Ballot process through remote e-voting in a fair and transparent manner. In compliance with the provisions of Sections 108 and 110 of the Act read with Rule 20 and Rule 22 of the Rules and Regulation 44 of the SEBI Listing Regulations and the MCA Circulars, the Company has engaged the services of Central Depository Services (India) Ltd. (‘CDSL’) for the purpose of providing the remote e-voting facility to the Members. Members desirous of exercising their vote through the remote e-Voting process are requested to carefully read the instructions indicated in this Notice and record their assent (FOR) or dissent (AGAINST) by following the procedure as stated in the ‘Notes’ section of this Notice for casting of votes by remote e-Voting. The remote e-voting period shall commence on Saturday, 17th October, 2026 (9:00 A.M.) (IST) and shall end on Sunday, 15th November, 2026 (5:00 P.M.) (IST). Inter State Oil Carrier Limited The remote e-voting module shall thereafter be disabled by Central Depository Services (India) Limited (“CDSL”) and voting beyond the said date and time shall not be allowed. The Notice is also available on the website of the Company at https://isocl.in/ and website of BSE Limited at https://www.bseindia.com/ and on the website of the CDSL at https://www.evotingindia.com/. ITEMS OF SPECIAL BUSINESSES REQUIRING CONSENT FROM SHAREHOLDERS THROUGH POSTAL BALLOT: ITEM NO. 1 – REVISION IN TERMS OF REMUNERATION OF MR. SANJAY JAIN (DIN: 00167765), MANAGING DIRECTOR OF THE COMPANY. To consider, and if thought fit, to pass, with or without modification(s) the following Resolution as a Special Resolution: "RESOLVED THAT in partial modification of the resolution passed by the Members at the 41st Annual General Meeting ("AGM") of the Company held on Thursday, 18th September, 2025, and pursuant to the provisions of Sections 196, 197, 198, 203 and all other applicable provisions, if any, of the Companies Act, 2013 ("the Act"), read with the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 and Schedule V to the Act (including any statutory modification(s), amendment(s) or re-enactment(s) thereof for the time being in force), and pursuant to the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, and subject [Showing first 8,000 characters — download PDF for full document]