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Kapston Services Limited — Proxy Solicitation & Information Statement 2026
Mar 18, 2026
61619_rns_2026-03-18_e51228af-3930-4f1c-b143-adbf9035fd48.pdf
Proxy Solicitation & Information Statement
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March 18, 2026
To The Listing Department, National Stock Exchange of India Limited, Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai- 400051.
SYMBOL: KAPSTON
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Dear Sir/Madam,
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Sub: Newspaper advertisement – Notice of Postal Ballot and Remote e-voting information. Ref: Regulation 47 of SEBI (LODR) Regulations, 2015 -------***-----Please find enclosed herewith the newspaper advertisement for the Postal Ballot and remote e-voting of “Kapston Services Limited” published in the following newspapers:
- Business Standard.
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- Nava Telangana
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This is also available on the Company’s website at www.Kapstonservices.com.
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Kindly take the above information on record and acknowledge the receipt.
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Thanking you, Yours faithfully, For Kapston Services Limited Srikanth Digitally signed by Srikanth Kodali Kodali Date: 2026.03.18 15:07:54 +05'30' Srikanth Kodali Managing Director DIN: 02464623
K A P S T O N S E R V I C E S L I M I T E D
REGISTERED OFFICE: # 287, MIG – 2, IX Phase, KPHB, Hyderabad, Telangana - 500 072, Ph: 98487 78241 CORPORATE OFFICE: Plot # 75, Kavuri Hills, Madhapur, Hyderabad, Telangana - 500034, Ph: 98487 78243 Control Room: +91 96 4050 4050 (24X7) Emai l : [email protected] Website: www.kapstonservices.com CIN. No. L15400TG2009PLC062658
TAKE TWO 13
B hyderabad | WedNeSday, 18 MarCh 2026
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OPINION
The calculus of war
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illustration:
Binay
sinha
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Everybody loves a good war, especially if they are oil-rich. Here’s the algebra of the calculus of war for Iran
rizmi (approx 820 CE) wrote Al-Kitab n The defence budget is about and rebuilding. To be sure, given Iran’s al-Mukhtasar fi Hisab al-Jabr wal- $8–9 billion annually. frugal engineering methods (much Muqabala — the word algebra comes n Oil production monthly is about like our jugaad ) — such as using directly from al-jabr in the title. 100 million barrels of crude (roughly motorcycle engines for their Shahed He systematised solving linear and 3.3 million barrels per day). drones — they may not even spend quadratic equations without using n Oil exports monthly are about that much on defence ultimately. symbols such as x or y. 45 million barrels (roughly 1.5 million They can use a fair bit from this war (Not-so-trivia: The word algobarrels per day). largesse to stimulate the domestic rithm is derived from his Latinised n Oil reserves are about 208.6 billion economy and still have a lot left over. name: Algoritmi.) barrels, the third-largest in the world. And if you assume, just for some So algebra is about solving for n Gas exports are about 515 billion gallows hallucination, an average of unknowns — very germane in today’s cubic feet per year (roughly 14.6 billion $150 per barrel for the next couple of SHANKAR SHARMA context. And calculus, at its deepest cubic meter annually). years, you are looking at an oil windlevel, is about the quantification of nGas reserves are about 1,200 fall — versus a $70 baseline — of change and flow. trillion cubic feet, the second-largest roughly $40-50 billion per year, or One of the enduring pleasures What it reveals philosophically is in the world. about $80-100 billion over two years. of being an Indian is to converse that the infinite is navigable. Now, let’s get the calculus done, Discount all of this 15-20 per cent for with Indians. Just as, I am sure Calculus tames infinity. It says you given the delta in oil. Remember, my over-reaching over-simplification. an American feels about other can divide something into infinitely calculus is about change. On a GDP size of roughly $375 bilAmericans. many pieces and still get a meaningful, lion, that is still a stimulus that you The reason I say it is pleasurable finite answer. Infinity is not chaos — it Thewarwindfalldividend can take home to your mother. is that both countries are extremely has structure. Calculus works because Out of the hundred million barrels insular and inward-focused. nature tends to be continuous — per month that it produces, Iran NotjustIran Large domestic markets and things don’t jump arbitrarily. It exports about half and about 80 per Actually, come to think of it, almost all populations ensure that people in encodes the belief that reality flows cent of that goes to China. Since the major oil-producing economies of the both these countries can live in rather than leaps. war began, even a conservative view world are in the middle of war — the indestructible helium balloons of The present contains the future. of the extra revenue for Iran from oil US, Russia, West Asia. Russia is taking LSD-type brain haze. If you know the rate of change at exports, at the current price of $100 in around $10 billion a month extra So, many Indians that I have every moment, you can reconstruct the per barrel, is about $1.5 billion per today; US oil majors are drinking spoken to prior to and after the entire journey — past and future. This month, assuming a pre-war price champagne like India drinks hooch. outbreak of this war have had no is why calculus underlies all of physics. baseline of roughly $70 per barrel. Is this just a coincidence, or are idea where Iran actually is on the The universe’s laws are written as That is $18 billion annualised. there dots that can be joined by dotted map, how big the land mass is and, differential equations — meaning Now assume a stable state $125 lines? Why would these countries more pertinently, where Iran stands nature itself thinks in rates of change. price for the next couple of years (we want to stop the party when just the on the economic and scientific fronts. And this is how we merge algebra will come to this scenario in a bit). Iran canapes have started going around? When I used to point out (just prior and calculus into understanding the then ends up making another $25–30 the second-largest proven gas reserves at a $125-per-barrel average price for So why not $125? $150? to the war) that we, in the United Arab impact of this war on Iran. billion per year. Hold this number for globally. Most of its gas exports move the next couple of years: As the journalist P. Sainath famously Emirates (UAE), were actually just Here are some brief facts two years, and Iran gets an extra $50– through pipelines to Turkey and Iraq, Estimated monthly war gain coined in his masterpiece Everybody 100 miles (160 km) from south Iran, about Iran’s economy: 60 billion. Of course, a fair bit of the oil while the majority of production is Crudeoil: Around $2.5 billion LovesaGoodDrought , the most powermy home parties would either end n GDP is around $375 billion. goes through shadow networks and consumed domestically. Total revenue increase: $2.5 ful blocs today love this war. right then or the demand for alcohol n Per capita GDP is about $4,000. carries discounts — though now those Minerals & non-oil exports: Iran has billion per month from oil alone Not least, Iran. would increase markedly. n The exchange rate is roughly discounts have largely narrowed. massive reserves of copper, iron ore That is about $30 billion a year Oil is taking the warring world up in Most Indians, as most Americans, IRR 1,500,000 per US dollar in the From a strictly financial perspecand zinc. As global supply chains fear and $60 billion over two years from a virtuous vortex. It’s sucking the rest are completely unaware of how deep parallel market. tive, the war has ‘inflated’ the value a wider West Asia collapse, these oil alone. of the world into a quixotic quagmire. the knowledge of science goes in Iran. n Inflation is about 49 per cent. of Iran’s core assets. (However, commodity prices have spiked 10-15 Naturalgasgain: Around $300-400 milCalling an early end to this crocoBut since that is not the topic of this n The fiscal deficit is about 4 per because Iran’s infrastructure — like per cent. Iran’s mineral exports — lion per month, or $3-4 billion per year dile-teary, faux maudlin war is in article, most of these two nationalities cent of GDP. Kharg Island — is a target, they are typically worth about $12 billion Mineralsgain: Around $100-150 million nobody’s interest except for the (oil) also don’t know that Iran gave us algenThedebt/GDPratioisabout30per racing to sell as much as possible annually — are seeing a modest ‘war per month, $1.5 billion per year. impecunious parts of the world. bra and that branch of mathematics is cent. before facilities are degraded.) premium’ in valuation. Sigma that, and we get around vvvvvvvvvvvvvvvvvvvvvvvv very relevant today. n Foreign debt is near zero, largely Naturalgas: Iran is the world’s thirdSo here is a simple oil-driven sum$35-40 billion per year. Thewriterisaninvestorandfounderof Muhammad ibn Musa al-Khwadue to western sanctions. largest natural gas producer and holds mary of what this war means for Iran Let’s allocate half of that to defence GQFinXRay,anAIcompany
and rebuilding. To be sure, given Iran’s frugal engineering methods (much like our jugaad ) — such as using motorcycle engines for their Shahed drones — they may not even spend that much on defence ultimately. They can use a fair bit from this war largesse to stimulate the domestic economy and still have a lot left over. And if you assume, just for some gallows hallucination, an average of $150 per barrel for the next couple of years, you are looking at an oil windfall — versus a $70 baseline — of roughly $40-50 billion per year, or about $80-100 billion over two years. Discount all of this 15-20 per cent for my over-reaching over-simplification. On a GDP size of roughly $375 billion, that is still a stimulus that you can take home to your mother.
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NOTICE
SPECIAL WINDOW FOR TRANSFER AND DEMATERIALIZATION (DEMAT) OF PHYSICAL SHARES
| SEBI vide its Circular No of another special wind |
. HO/38/13/11(2)2026 MIRSD‑POD/I/3750/2026 dated January 30, 2026, has allowed opening ow to facilitate transfer and dematerializaton of physical shares for a period of one year. |
. HO/38/13/11(2)2026 MIRSD‑POD/I/3750/2026 dated January 30, 2026, has allowed opening ow to facilitate transfer and dematerializaton of physical shares for a period of one year. |
. HO/38/13/11(2)2026 MIRSD‑POD/I/3750/2026 dated January 30, 2026, has allowed opening ow to facilitate transfer and dematerializaton of physical shares for a period of one year. |
. HO/38/13/11(2)2026 MIRSD‑POD/I/3750/2026 dated January 30, 2026, has allowed opening ow to facilitate transfer and dematerializaton of physical shares for a period of one year. |
|---|---|---|---|---|
| Key details - | ||||
| Window for re-lodgement of transfer request |
February 5, 2026 to February 4, 2027 | |||
| Who can re-lodge the transfer request? |
Investor whose transfer deeds were executed before April 1, 2019, but were either not lodged for transfer or were lodged and subsequently rejected, returned or not atended due to defciency in the documents. |
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| Not Eligible | • Securites already transferred to IEPF • Cases involving disputes between transferor and transferee • Non-availability of original share certfcates |
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| Documents required |
• Original share certfcates • Transfer deed executed prior to April 1, 2019 • Other supportng documents |
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| How to re-lodge the transfer request? |
Submit the doc Private Limited |
uments to the Registrar and Share Transfer Agent, MUFG Intme India Unit: Tata Consultancy Services Limited C 101, Embassy 247, L.B.S.Marg, Vikhroli (West), Mumbai – 400083 +91 8108116767 Raise a service request at htps://web.in.mpms.mufg.com/helpdesk/ Service_Request.html,or send an email at [email protected] |
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| Postal Address |
Unit: Tata Consultancy Services Limited C 101, Embassy 247, L.B.S.Marg, Vikhroli (West), Mumbai – 400083 |
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| Helpline No. | +91 8108116767 | |||
| For any queries |
Raise a service request at Service_Request.html,o |
htps://web.in.mpms.mufg.com/helpdesk/ r send an email at [email protected] |
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r send an email at |
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| The shares re lodged period, during which |
for transfer will the shares cann |
be issued only in demat form and will rema ot be transferred, pledged, or lien marked. |
in under a one-year lock in |
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For Tata Consultancy Services Limited Sd/Yashaswin Sheth Company Secretary ACS 15388 Place : Mumbai Date : March 17, 2026 Registered Office: 9th Floor, Nirmal Building, Nariman Point, Mumbai 400 021. Tel: +91 22 6778 9595 Email: [email protected] Website: www.tcs.com CIN: L22210MH1995PLC084781
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