Intimation of Postal Ballot Notice

Date: 18th August, 2026 To, To, BSE Limited National Stock Exchange of India Ltd P J Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Fort, Mumbai – 400001 Bandra (East), Mumbai – 400051 Scrip Code: 544821 Trading Symbol: KUSUMGAR Dear Sir/Madam, Sub: Intimation of Postal Ballot Notice Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Postal Ballot notice dated August 11, 2026, along with the Explanatory Statement (“Notice”) for seeking approval of the Shareholders of the Company through remove e-voting, on the following matters: Type of Resolution Description of Resolution Special Resolution To ratify the ESOP Scheme titled “Kusumgar ESOP 2024” Special Resolution To approve grant of stock options to the employees of the Group companies including Holding Company, Subsidiary companies and Associate companies, in India or outside India, of the Company under “Kusumgar ESOP 2024” In accordance with the applicable laws, the Notice has been sent ONLY through electronic mode, to those Members whose e-mail addresses are registered with the Company/ Bigshare Services Private Limited, Registrar and Share Transfer Agent (“RTA”) or depository(ies)/depository participants as on August 14, 2026 ('Cut-off date'). The notice is available on the website of the Company at www.kusumgar.com, the website of NSDL at www.evoting.nsdl.com, the website of the RTA at www.bigshareonline.com. The remote e-voting period commences from Wednesday, August 19, 2026, from 09.00 a.m. (IST) and ends on Thursday, September 17, 2026 at 05.00 p.m. (IST). The results of the remote e-voting shall be declared on or before Monday, September 21, 2026. Thanking you. Yours faithfully, For Kusumgar Limited (Formerly known as Kusumgar Private Limited) Devanand Parshottam Mojidra Company Secretary and Compliance Officer KUSUMGAR LIMITED (Formerly known as Kusumgar Private Limited) CIN: L65990MH1990PLC056871 Registered Office: 101, Manjushree, V.M. Road, Corner of N.S. Road No.5, JVPD Scheme, Vile Parle (W), Mumbai - 400056 Telephone: +91 22 6112 5100; Email: cs@kusumgar.com ; Website: www.kusumgar.com POSTAL BALLOT NOTICE (Pursuant to Section(s) 108 and 110 of the Companies Act, 2013 read with Rule(s) 20 and 22 of the Companies (Management and Administration) Rules, 2014) Dear Members, NOTICE is hereby given to the Members of Kusumgar Limited (formerly known as Kusumgar Private Limited) (“the Company”) that pursuant to the provisions of Section(s) 108 and 110 of the Companies Act, 2013 (“the Act”) read with Rule(s) 20 and 22 of the Companies (Management and Administration) Rules, 2014 (“the Rules”) and other applicable provisions of the Act and the rules made thereunder and Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), and the Secretarial Standard on General Meetings issued by the Institute of Company Secretaries of India (“SS-2”) and in accordance with the requirements prescribed by the Ministry of Corporate Affairs (“MCA”) vide its General Circular Nos. 14/2020 dated April 8, 2020 and 17/2020 dated April 13, 2020 read with other relevant circulars, including latest General Circular No. 03/2025 dated September 22, 2025, issued by the Ministry of Corporate Affairs (“MCA Circulars”), SEBI Listing Regulations and Securities and Exchange Board of India (“SEBI”) Master Circular No. SEBI/HO/CFD/PoD2/ CIR/P/0155 dated November 11, 2024, Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, and other applicable laws, rules and regulations (including any statutory modification(s), clarification(s) or re- enactment(s) or re-enactment thereof for the time being in force and as amended from time to time), the items of special business as set out in this Notice are proposed for consideration and approval 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, the Company is sending this Postal Ballot Notice along with explanatory statement (“Notice”) and remote e-voting instructions only by email to its Members who have registered their email address with the Company/ Bigshare Services Private Limited, Registrar and Share Transfer Agent (“RTA”) or depository(ies)/depository participants as on Friday, August 14, 2026 (“the cut off date”). If your email address is not registered with the Company/ RTA / Depositories/ Depository Participants, please follow the process provided in note no. 15 of the notes to this Notice. The communication of assent /dissent of the Members on the resolutions proposed in the Notice will only take place through the remote e-voting system. Detailed explanatory statement pursuant to Section 102 of the Act and other applicable provisions of the Act, pertaining to the resolutions setting out the material facts and reasons thereof, are appended to this Notice. The Company has engaged services of the National Securities Depository Limited (“NSDL”) for facilitating remote e-voting. The Notice shall be uploaded on the website of the Company at www.kusumgar.com, on the website of NSDL at www.evoting.nsdl.com, the website of the RTA at www.bigshareonline.com and on the websites of National Stock Exchange of India Limited at www.nseindia.com and the BSE Limited at www.bseindia.com (jointly referred to as “Stock Exchanges”). Pursuant to Rule 22(5) of the Rules, the Board of Directors of the Company has appointed Mr. Vaibhav Dandawate (Membership No. ACS 51538 & COP No. 27947), failing him Mrs. Deepti Kulkarni (Membership No. ACS 34733 & COP No. 22502), Partners of M/s. Makarand M. Joshi & Co., Company Secretaries, as the Scrutinizer(s) to conduct the Postal Ballot through remote e-voting process in a fair and transparent manner. The remote e-voting period commences from Wednesday, August 19, 2026, from 09.00 a.m. (IST) and ends on Thursday, September 17, 2026 at 05.00 p.m. (IST). The details of the procedure to cast vote through remote e-voting are provided in note no. 15 of the notes of this Notice. The voting results along with the Scrutinizer’s Report will be submitted to the Stock Exchanges, where the equity shares of the Company are listed. The same will also be uploaded on the Company’s website at www.kusumgar.com and on the website of NSDL www.evoting.nsdl.com within two (2) working days from the end of the e-voting period and shall be displayed at the Registered Office of the Company. SPECIAL BUSINESSES: 1. To ratify the ESOP Scheme titled “Kusumgar ESOP 2024” To consider, and if thought fit, to pass the following resolution as a ‘Special Resolution’: “RESOLVED THAT pursuant to the provisions of Section 62(1)(b) and other applicable provisions, if any, of the Companies Act, 2013, read with the Companies (Share Capital & Debentures) Rules, 2014 (including any statutory modifications or reenactments thereof, for time being in force), and Regulation 12 of Securities and Exchange Board of India (Share Based Employee Benefit and Sweat Equity) Regulations, 2021 ("SEBI (SBEB & SE) Regulations"), relevant provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), the Foreign Exchange Management Act, 1999 and the rules and regulations made thereunder (“FEMA Regulations”) and Foreign Exchange Management (Non-Debt Instrument) Rules, 2019, as may be applicable from time to time, provisions contained in the Memorandum of Association and Articles of Association of the Company, and subject further to such other approvals, permissions, sanctions, conditions, and modifications as may be applicable, consent of the members of the Company be and is hereby accorded to ratify the “Kusumgar ESOP 2024” (hereinafter referred to as the “Scheme/ESOP 2024”), as per the provisions of SEBI (SBEB [Showing first 8,000 characters — download PDF for full document]