Onward Technologies Ltd. — Proxy Solicitation & Information Statement 2024

Dec 23, 2024

==> picture [164 x 47] intentionally omitted <==

Ref No.: OTL/Secretarial/SE/2024-25/65

Date: December 23, 2024

To, BSE Limited National Stock Exchange of India Ltd., Phiroz Jeejeebhoy Towers, Plot No. C/1 'G' Block Dalal Street, Mumbai – 400023 Bandra – Kurla Complex Bandra East, Mumbai 400051

Ref : Scrip Code - BSE: 517536  NSE: ONWARDTEC

Sub.: Intimation of Postal Ballot Notice for adoption / formulation of ‘Onward Employee Stock Option Scheme 2024’ (“ESOS 2024”/ “Scheme”)

Dear Sir/Madam,

This is further to our letter dated 18[th] October 2024 intimating that the Board of Directors of the Company had considered and approved the adoption / formulation of Employee Stock Option Scheme viz. ‘Onward Employee Stock Option Scheme 2024’ (“ESOS 2024”/ “Scheme”). It is hereby informed that the Board has decided to seek the consent of the Members of the Company by way of Special Resolutions through Postal Ballot process for the said purpose.

The Members, whose names appear in the Register of Members/ List of Beneficial Owners as on Friday, 20[th] December 2024 being the cut-off date are entitled to vote on the Resolutions set forth in the Notice.

The Board has appointed M/s. Nilesh A. Pradhan & C0. LLP, Company Secretaries, as the Scrutinizer for conducting the said Postal Ballot process.

This is for your information and records.

For Onward Technologies Limited

VINAV AGARWAL Digitally signed by VINAV AGARWAL Date: 2024.12.23 12:12:23 +05'30'

Vinav Agarwal Company Secretary & Compliance Officer Membership No: - A40751

Regd. address. : 2nd floor, Sterling Centre, Dr. A.B. Road, Worli, Mumbai 400018. Tel: +91 22 24926570 CIN: L28920MH1991PLC062542 | email: info@onwardgroup.com | website : www.onwardgroup.com

Mumbai | Pune | Chennai | Bengaluru | Hyderabad | Chicago | Detroit | London | Frankfurt | Amsterdam | Toronto