Shareholders meeting

4 August 2026 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra - Kurla Complex, Mumbai - 400 001 Bandra (E), Mumbai - 400 051 Scrip Code: 524669 Symbol: HESTERBIO Dear Sir/Madam: Subject: Postal Ballot Notice This is to inform that pursuant to Section 110 of Companies Act, 2013, read with Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014 and Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Company proposes to conduct Postal Ballot for obtaining the approval of members for Reclassification of persons forming part of the Promoter Group from ‘Promoter’ Shareholder to ‘Public’ Shareholder, as ordinary resolution and as provided in the notice. The Postal Ballot Notice (“Notice”) along with the Explanatory Statement, being sent to/published/ displayed for all the members of the Company whose names appear on the Register of Members/ List of Beneficial Owners as on Friday, 31 July 2026 (“cut-off date”) seeking approval of members on special resolution as set out in the Notice, to be passed through the mode of remote e-voting. In compliance with Ministry of Corporate Affairs Circulars No. 14/2020 dated 08 April 2020, No. 17/2020 dated 13 April 2020 and subsequent circulars issued in this regards, latest circular no. 03/2025 dated 22 September 2025, this Postal Ballot Notice is being sent only through electronic mode to those Members whose e-mail addresses are registered with the Company/Depositories as on the Cut-off date i.e. Friday, 31 July 2026 (“cut-off date”). The communication of assent or dissent of the Members would only take place through the remote e-voting system. The Company has engaged the services of Central Depository Services (India) Limited (“CDSL”) to provide remote e-voting facility to its Members. The remote e-voting period commences from Wednesday, 5 August 2026 at 9:00 A.M. (IST) and end on Thursday, 3 September 2026 at 5:00 P.M. (IST) (both days inclusive). The Postal Ballot results will be submitted within 48 hours from conclusion of the e-voting period, with the Stock Exchanges in accordance with the Listing Regulations. Mr. Tapan Shah, Practicing Company Secretary has been appointed as the Scrutiniser by the Board of Directors of the Company to ensure that the Postal Ballot process is conducted in a fair and transparent manner and in accordance with the said rules. We attach herewith the calendar of events for the postal ballot process. The Notice is also being made available on the website of the Company: www.hester.in You are requested to take the above information on your record. Sincerely, For Hester Biosciences Limited Vinod Mali Company Secretary & Compliance Officer Enclosure: As above CALENDAR OF EVENTS FOR CONDUCTING POSTAL BALLOT AND E-VOTING FOR SEEKING THE MEMBERS APPROVAL Sr. Events Date 1 Date on which Consent is given by scrutiniser 28 July 2026 2 Date of Board Resolution approving postal ballot notice 30 July 2026 3 Date of appointment of scrutiniser 30 July 2026 4 Relevant Date for considering shareholders to whom the postal ballot 31 July 2026 notice will be send and for remote e-voting 5 Calendar event submission stock exchanges 4 August 2026 6 Date of completion of dispatch of postal ballot notice to shareholders 4 August 2026 7 Advertisement in newspaper for postal ballot notice 6 August 2026 8 Opening date of e-voting 5 August 2026 9 End date of e-voting 3 September 2026 10 Last date for submission of result to chairman of the company by 4 September 2026 scrutiniser 11 Date of result declaration by company and submission with stock 4 September 2026 exchanges by HESTER BIOSCIENCES LIMITED CIN: L99999GJ1987PLC022333 HQ & Registered Office: Village - Meda Adraj, Taluka - Kadi, District - Mehsana, Gujarat 384441, India Phone: +91 2764 285502 Email: cs@hester.in Website: www.hester.in POSTAL BALLOT NOTICE [Notice pursuant to Section 110 of the Companies Act, 2013, read with Rule 20 and 22 of Companies (Management & Administration) Rules, 2014] Dear Member(s), Notice is hereby given that the resolutions set out below are proposed to be passed by the Members of Hester Biosciences Limited ("the Company") by means of Postal Ballot through remote e-voting only pursuant to the provisions of Section 110 and 108 and other applicable provisions, if any, of the Companies Act, 2013 (including any statutory modification or reenactment thereof for the time being in force) (hereinafter referred to as the "Act"), read together with the Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014 (including any statutory modification or re-enactment(s) thereof for the time being in force) (hereinafter referred to as the "Rules"), read with the General Circular No. 14/2020 dated 8 April 2020, No. 17/2020 dated 13 April 2020 and subsequent circulars issued in this regards, latest circular no. 03/2025 dated 22 September 2025 and other relevant circulars and notifications issued by the Ministry of Corporate Affairs (hereinafter collectively referred to as “the MCA Circulars”), Secretarial Standard on General Meetings issued by The Institute of Company Secretaries of India (“SS-2”), Circular No. SEBI/HO/CFD/CFD-PoD- 2/P/CIR/2024/133 dated 3 October 2024 issued by the Securities and Exchange Board of India (‘SEBI’), Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations”) read with all other applicable provisions under the said Regulations and the Circulars, Notifications and Rules issued thereunder by SEBI and other applicable laws and regulations, (including any statutory modification(s) or re-enactment(s) thereof for the time being in force and as amended from time to time), the Ordinary Resolution for Special Business appended below are proposed to be passed by the Members of the Company by way of Postal Ballot only through voting by electronic means (‘remote e-voting’). In compliance with the MCA Circulars and pursuant to other applicable laws and Regulations, this Postal Ballot Notice (“Notice”) is being sent only in electronic form to those Members whose e-mail addresses are registered with Hester Biosciences Limited (“Company”)/Depositories/RTA to enable them to cast their votes electronically. Accordingly, physical copy of the Notice along with Postal Ballot Form and pre-paid business reply envelope are not being sent to the Members. The instructions for remote e-voting are appended to this Notice. Pursuant to Sections 102 and 110 of the Act, the Explanatory Statement pertaining to the said Resolutions setting out the material facts and the reasons thereof is annexed to this Notice. Special Business: Item 1 - Reclassification of persons forming part of the Promoter Group from ‘Promoter’ Shareholder to ‘Public’ Shareholder: To consider and if thought fit to pass with or without modification(s), the following resolution as an Ordinary Resolution: “RESOLVED THAT in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI (LODR) Regulations, 2015’) (including any statutory modification(s) or re- enactment thereof, for the time being in force) and in accordance with the No Objection received from BSE Limited vide letter no. LIST/COMP/SJ/150/2026-27 dated 24 July 2026 and National Stock Exchange of India Limited vide letter no. NSE/LIST/COMP/HESTERBIO/594/2026-2027 dated 24 July 2026, respectively, and subject to necessary approvals from such statutory authorities as may be necessary, the consent of the Members of the Company be and is hereby accorded for reclassification the following person forming part of Promoters (hereinafter referred to as the (“Outgoing Promoter Shareholders) from “Promoter” Shareholder to ”Public” Shareholder: Sr. Name of the Type Number of Shares % of Paid-up Shareholder held Capital 1 Mr. [Showing first 8,000 characters — download PDF for full document]