Shareholders meeting

Date: 16th October, 2026 BSE Limited, National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Dalal Street, Mumbai- 400001. Plot No. C/1, G Block, Scrip Code: 500102, 978184 Bandra Kurla Complex, Bandra (East), Mumbai- 400051 Code: BALLARPUR Sub: Notice of Postal Ballot of Ballarpur Industries Limited ('the Company') Dear Sir/ Madam, This is with reference to our letter dated 09th October, 2026, wherein it was informed that the Board of Directors of the Company had, inter alia, approved the proposals relating to Sections 180(1)(a), 180(1)(c), 185 and 186 of the Companies Act, 2013, subject to the approval of the shareholders of the Company. In this regard, please find enclosed the Notice of Postal Ballot (‘Notice’) together with the Explanatory Statement being sent to the members of the Company. The Notice is being sent to the members of the Company whose e-mail addresses are registered with the Company or the Depositories and whose names appear in the Register of Members of the Company or the Register of Beneficial Owners maintained by the Depositories, as on Friday, 09th October, 2026 (“Cut-off Date”), through electronic mode, subject to the applicable provisions and circulars issued by the Ministry of Corporate Affairs from time to time. The Company has engaged the services of the of National Securities Depository Limited (NSDL) to provide a remote e-voting facility to its members. The remote e-voting period will commence on Saturday, 17th October, 2026 from 10.00 A.M. IST and ends on Sunday, 15th November, 2026 at 5.00 P.M. IST. The remote e-voting module shall be disabled by of National Securities Depository Limited (NSDL). The instructions for remote e-voting form part of the ‘Notes’ section in the enclosed Notice. The results of the Postal Ballot will be announced on or before 05.00 P.M. IST on Tuesday, 17th November, 2026. Kindly take the above on record. Thanking You. Yours Faithfully, For Ballarpur Industries Limited Hardik Patel Whole-Time Director DIN: 00590663 CIN: L21010MH1945PLC010337 Regd. Office.: 602, Boston House, 6th Floor, Suren Road, Andheri East, Mumbai-400053, Maharashtra, India Unit Add.: Shree Gopal Unit, Paper Mills Compound, Sta(cid:415)on Road, Yamuna Nagar-135001, Haryana, India Tel No. (RO): 022-4000 2600 | Tel No. (Unit): +91-7496991530 Email (RO): info@biltpaper.in| Email (Unit): info.sgu@biltpaper.in| Website: www.biltpaper.in Ballarpur Industries Limited BALLARPUR INDUSTRIES LIMITED CIN: L21010MH1945PLC010337 Registered Office : 602, Boston House, 6th Floor, Suren Road, Andheri East, Andheri, Mumbai - 400093 Tel No. 022 4000 2600 Email ID: sectdiv@biltpaper.in NOTICE OF POSTAL BALLOT [Pursuant to Section 110 of the Companies Act, 2013 read with the Companies (Management and Administration) Rules, 2014, each as amended and applicable Circulars issued by the Ministry of Corporate Affairs, Government of India, and Securities and Exchange Board of India, from time to time] Dear Members, Notice is hereby given to the Members of Ballarpur Industries Limited (‘the Company’) for seeking consent of Members of the Company for transacting the following special business set out herein, proposed to be passed through Postal Ballot including electronic e-voting pursuant to Section 110 of the Companies Act, 2013 and all other applicable provisions, if any, of the Companies Act, 2013, read with Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014, Regulation 44 of the of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’) made thereunder and Secretarial Standard on General Meetings (“SS-2”) issued by the Institute of Company Secretaries of India (including any statutory modification(s) or re- enactment(s) thereof, for time being in force) and General Circular Nos. 14/2020 dated April 8, 2020, General Circular No. 17/2020 dated April 13, 2020, read with other relevant circulars, including General Circular No. 09/2024 dated September 19, 2024, issued by the Ministry of Corporate Affairs (“MCA Circulars”). The proposed resolutions and the Explanatory Statement pursuant to Section 102, 110 of the Act and any other applicable provisions of the Act, read with Rules framed thereunder, setting out the material facts and reasons thereof concerning the resolution mentioned in this Postal Ballot Notice (“Notice”), are annexed hereto. Pursuant to Rule 22(5) of the Rules, the Board of Directors of the Company has appointed M/s Viral Sanghvi & Associates, Practicing Company Secretary as the Scrutinizer for conducting the postal ballot (e-voting process) in a fair and transparent manner. The Scrutinizer’s decision on the validity of the votes cast in the Postal Ballot shall be final. Members are requested to read the instructions given in the Notes to this Postal Ballot Notice so as to cast their vote electronically. The votes can be cast during the following voting period: Commencement of e-voting 10:00 A.M. IST; Saturday, 17th October, 2026 End of e-voting 05:00 P.M. IST; Sunday, 15th November, 2026 The Company has engaged the services of National Securities Depository Limited (NSDL) for facilitating e-voting to enable the Members to cast their votes electronically instead of dispatching postal ballot forms. In accordance with the MCA Circulars, the Company has made necessary arrangements with RCMC Share Registry Pvt. Ltd, Registrar and Share Transfer Agent (“RTA”) to enable the Members to register their e-mail address. Those Members who have not registered their email address are requested to register the same by following the procedure set out in this Notice. The postal ballot results will be submitted within 2 (Two) working days from conclusion of the e-voting period to the stock exchanges in accordance with the SEBI Listing Regulations. The Scrutinizer will submit his report to the Chairman of the Company, or any other person authorized by the Chairman, after completion of the scrutiny, of the e-voting, and the results will be announced on or before 05.00 P.M. IST on Tuesday, 17th November, 2026 on the Stock Exchange where the Company’s shares are listed. The result will also be available on the website of the Company https://biltpaper.in/ , on the website of National Securities Depository Limited (NSDL). Ballarpur Industries Limited The proposed resolutions, if approved, will be taken as having duly passed on the last date specified for e-voting by the requisite majority of Members by means of Postal Ballot, i.e. Tuesday, 17th November, 2026. In compliance with the aforesaid MCA Circulars, this Postal Ballot Notice is being sent only through electronic mode to those Members whose e-mail addresses are registered with the Company / Depositories. If your e-mail address is not registered with the Company / Depositories, please follow the process provided in the Notes to receive this Postal Ballot Notice. Special Business: 1. Approval under section 180(1)(a) of the Companies act, 2013 inter alia for creation of mortgage or charge on the assets, properties or undertaking(s) 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 pursuant to the provisions of Section 180(1)(a) of the Companies Act, 2013 (the “Act”) and any other applicable provisions, if any of the Act, or any amendment or modifications thereof and pursuant to the provisions of the Articles of Association of the Company, consent of the Members of the Company be and is hereby accorded to the Board (hereinafter referred to as the ‘Board’, which term shall be deemed to include any Committee thereof which the Board may hereinafter constitute to exercise its powers including the powers conferred by this Resolution) to sell, lease or dispose of in any manner including but not limited to mortgaging, hypothecating, pledging or in any [Showing first 8,000 characters — download PDF for full document]