QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED

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12[th] March 2026

To, National Stock Exchange of India Limited, Exchange Plaza, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai – 400051

To, BSE Limited Phiroze Jeejeebhoy Towers, 21st Floor, Dalal Street, Mumbai – 400001

NSE Symbol: QPOWER

BSE Scrip Code: 544367

Dear Sir / Madam,

Subject: Submission of Postal Ballot Notice

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we herewith enclose a copy of the Postal Ballot Notice seeking approval of the Shareholders of the Company for:

1. Re-appointment of Mr Rajendra Sheshadri Iyer (DIN: 09319795) for a second term as an Independent Director of the Company.

In compliance with the applicable circulars, this Postal Ballot Notice will be sent only through electronic mode to those members whose e-mail addresses are registered with the Company / Depositories and whose names are recorded in the Register of Members / Register of Beneficial Owners as on the Cut-off date i.e., Friday, March 6, 2026. The Company has engaged the services of MUFG Intime India Pvt. Ltd. (Formerly Link Intime India Pvt. Ltd. ("RTA") to provide remote e-voting facility to enable the members to cast their votes electronically. The remote e-voting period shall commence from 9.00 a.m. (IST) on Saturday, 14[th] March, 2026 and shall end at 5.00 p.m. (IST) on Sunday, 12[th] April, 2026. Voting rights of the Members shall be in proportion to the shares held by them in the paid-up equity share capital of the Company as on Cut-off date. The shareholders are required to communicate their assent or dissent through the remote e-voting system only.

The Postal Ballot notice is also available on the Company's website at www.qualitypower.com.

You are requested to take the same on record.

Thanking you,

For QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED

DEEPAK Digitally signed by DEEPAK RAMCHANDRA RAMCHANDRA SURYAVANSHI Date: 2026.03.12 17:17:59 SURYAVANSHI +05'30' Deepak Ramchandra Suryavanshi Company Secretary and Compliance Officer ICSI Membership No.: A27641

Encl.: Postal Ballot Notice

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Registered Office: Plot No. L-61, M.I.D.C. Kupwad Block, Sangli – 416 436 Tel.: 0233-2645432; Website: www.qualitypower.com E-mail: [email protected] CIN: L31102PN2001PLC016455

POSTAL BALLOT NOTICE

[Pursuant to Section 108, 110 of the Companies Act, 2013, read with Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014]

Dear Members,

Notice is hereby given that, pursuant to Sections 108, 102 and 110 and other applicable provisions, if any, of the Companies Act, 2013 (hereinafter referred to as ‘the said Act’) read with Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014 (hereinafter referred to as ‘the Rules’), (including any statutory modification(s) or re-enactment thereof for the time being in force), and the General Circular vide Nos.14/2020 dated April 8, 2020; 17/2020 dated April 13, 2020; 22/2020 dated June 15, 2020; 33/2020 dated September 28, 2020; 39/2020 dated December 31, 2020; 10/2021 dated June 23, 2021; 20/2021 dated December 8, 2021; 3/2022 dated May 5, 2022; 11/2022 dated December 28, 2022; 9/2023 dated September 25, 2023 and 09/2024 dated September 19, 2024 and MCA General Circular No. 03/2025 dated 22 September 2025 (the “MCA Circulars” ) and SEBI Circular No. SEBI/HO/CFD/CFD-PoD2/P/CIR/2024/133 dated 3 October 2024, and Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the Listing Regulations”) , Secretarial Standard on General Meetings (“SS-2”) issued by the Institute of Company Secretaries of India and other applicable laws, rules 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), Quality Power Electrical Equipments Limited (the “Company” ) is seeking approval of the Members through Postal Ballot by way of voting through electronic means (remote e-voting /e-voting).

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Sr. No. Particulars Resolution
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1 Re-appointment of Mr Rajendra Sheshadri Iyer Special (DIN: 09319795) for a second term as an Independent Director of the Company.

Further, in terms of Sections 108 and 110 and other applicable provisions of the Act, as amended, read with the Companies (Management and Administration) Rules, 2014 and in compliance with Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company is providing the facility to its members holding shares in physical or dematerialized form as on the cut-off date, being 6[th] March, 2026 , to exercise their right to vote by electronic means on the business/(es) specified in the Notice as mentioned above. Pursuant to the MCA Circulars, you are requested to communicate your assent or dissent through the remote e-voting system only. Accordingly, the Postal Ballot Notice, including the instructions for e-Voting, is enclosed herewith.

The Explanatory Statement under Section 102 of the Act setting out the material facts concerning the proposed resolution and the reasons thereof are annexed hereto for your consideration. Further additional information required, if any, under the Listing Regulations is also attached.

The Notice will be placed on the website of the Company www.qualitypower.com and the website of MUFG Intime India Private Limited (formerly Link Intime India Private Limited) (“ MUFG Intime ”) at https://instavote.linkintime.co.in. The Notice can also be accessed from the website of the Stock Exchanges i.e.

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BSE Limited (“ BSE ”) and National Stock Exchange of India Limited (“ NSE ”) at www.bseindia.com and www.nseindia.com respectively.

In compliance with the aforesaid MCA Circulars, the Listing Regulations and other applicable provisions of the Act and MCA Rules, as amended from time to time and SS-2 on General Meetings, this Postal Ballot Notice is being sent only through electronic mode to those Members whose e-mail addresses are registered with the Company/Depositories/Depositary Participant/ the Company’s Registrar and Share Transfer Agent (RTA) viz. MUFG Intime India Private Limited.

The Company has provided a remote e-voting facility to its members to cast their votes electronically. The instructions for remote e-voting are appended to this Postal Ballot Notice.

The Company has appointed Mr Abhay Gulavani (C.P. No.10741), Practicing Company Secretary, as Scrutinizer, to conduct the Postal Ballot in a fair and transparent manner in accordance with the provisions of the Act and the Rules made thereunder.

Please note that there will be no dispatch of physical copies of Notice or Postal Ballot forms to the Members of the Company, and no physical ballot forms will be accepted.

The members shall exercise their right to vote on the matters included in the notice of the Postal Ballot by electronic means i.e. through e-voting services provided by MUFG Intime India Private Limited. The e-voting period commences on Saturday, 14[th] March, 2026 at 09.00 A.M IST and ends on Sunday, 12[th] April, 2026 at 05.00 P.M IST. The members are requested to carefully read the instructions given in this Postal Ballot Notice and record their assent ( FOR ) or dissent ( AGAINST ) through the remote e-voting process not later than Sunday, 12[th] April, 2026 at 05.00 P.M IST.

Remote e-voting will be deactivated by MUFG Intime India Private Limited immediately thereafter and will not be allowed beyond the said date and time.

The resolutions, if passed with requisite majority by the Members through Postal Ballot shall be deemed to be passed on the last date of the voting period i.e. Sunday, 12[th] April, 2026 at 05.00 P.M. IST and shall be deemed to have been passed as if they have been passed at a general meeting of the Members convened in that behalf.

The Scrutinizer will submit his report to the Chairman, or, in his absence, any other person authorised by him, after completion of scrutiny of the votes. The results of the voting by Postal Ballot (through remote e-voting process) along with the Scrutinizer’s report, will be announced by the Chairman of the Company or any other person authorised by him, within two working days of the conclusion of e-voting . The results of the Postal Ballot will be hosted on the Company’s website: www.qualitypower.com and the website of MUFG Intime India Private Limited at https://instavote.linkintime.co.in and will be displayed on the Notice Board of the Company at its Registered Office. The results will be intimated to NSE and BSE, where the equity shares of the Company are listed.

SPECIAL BUSINESS:

Item No. 1

Re-appointment of Mr. Rajendra Sheshadri Iyer (DIN: 09319795) as an Independent Director for a second term as an Independent Director of the Company.

To consider and if thought fit, to give assent or dissent to the following resolution as a Special Resolution

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“RESOLVED THAT pursuant to the provisions of Sections 149 and 152, read with Schedule IV and other applicable provisions, if any, of the Companies Act, 2013 (“Act”), the Companies (Appointment and Qualification of Directors) Rules, 2014 (including any statutory modification(s) or amendment(s) or re-enactment(s) thereof, for the time being in force) and Regulation 17 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time (‘Listing Regulations’) (including any statutory modification(s) or amendment(s) or re-enactment(s) thereof, for the time being in force), and based on the recommendation of the Nomination and Remuneration Committee and the Board of Directors, Mr. Rajendra Sheshadri Iyer (DIN: 09319795), who was appointed as an Independent Director of the Company and holding office up to 14[th] February, 2026, being eligible and fulfilling the criteria of independence as provided in the Act and the Listing Regulations and in respect of whom the Company has received a notice in writing from a member under Section 160(1) of the Act proposing his candidature for the office of Director of the Company, be and is hereby re-appointed as an Independent Director of the Company for a second term of 5 (Five) consecutive years commencing from 15[th] February, 2026 up to 14[th] February, 2031 (both days inclusive) and shall not be liable to retire by rotation, upon such remuneration as detailed in the explanatory statement hereto and as may be determined by the Board of Directors of the Company from time to time within the overall limits of remuneration under the Act.

RESOLVED FURTHER THAT any of the Executive Director(s) and / or the Company Secretary of the Company be and are hereby severally authorised to do all acts, deeds, and things including filings and take steps as may be deemed necessary, proper or expedient to give effect to this resolution and matters incidental thereto.”

By Order of the Board of Directors Quality Power Electrical Equipments Limited

Sd/Deepak Suryavanshi Company Secretary & Compliance Officer ACS: 27641

Place: Sangli Date: 12[th] March, 2026

Registered Office:

Plot No. L-61, M.I.D.C. Kupwad Block, Sangli – 416 436 CIN: L31102PN2001PLC016455 Tel.: 0233-2645432/35 Website: www.qualitypower.com e-mail: [email protected]

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NOTES:

The explanatory statement pursuant to the provisions of Section 102(1) and other applicable provisions of the Act read with the Rules, setting out all material facts relating to the resolutions mentioned in this Postal Ballot Notice and additional information as required under the Listing Regulations are attached and forms part of the Notice.
As per Section 110 and other applicable provisions of the Act read with Rule 22 of the Rules, cut-off date for the purpose of reckoning the Voting rights is Friday, 6[th] March, 2026 (“Cut-off Date”) . A person who is not a member as on the Cut-off Date should treat this Notice for information purposes only.
This Postal Ballot Notice along with the instructions regarding e-voting is being sent only by e-mail to all those Members, whose e-mail addresses are registered with the Company or with the Depositories/Depository Participants and whose names appear in the Register of Members/list of Beneficial Owners as on the Cut-off Date, in accordance with the guidelines prescribed by the Ministry of Corporate Affairs (“MCA”) for holding general meetings / conducting postal ballot process through e-voting vide General Circular Nos. 14/2020 dated April 08, 2020, 17/2020 dated April 13, 2020 and 39/2020 dated December 31, 2020, 10/2021 dated June 23, 2021, 20/2021 dated December 08, 2021 and 3/2022 dated May 5, 2022, General Circular No. 11/2022 dated December 28, 2022, General Circular No. 9/2023 dated September 25, 2023 and General Circular No 09/2024 dated September 19, 2024 and MCA General Circular No. 03/2025 dated 22[nd] September, 2025 (‘‘MCA Circulars’’) and circular SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated 03[rd] October, 2024 issued by Securities and Exchange Board of India (“SEBI Circular”). The Notice shall also be uploaded on the website of the Company viz. www.qualitypower.com and on the e-voting website of MUFG Intime viz. https://instavote.linkintime.co.in
All the Members of the Company as on the Cut-off Date (including those Members who may not have received this Notice due to non-registration of their e-mail address with the Company or the Depositories/Depository Participants) shall be entitled to vote in accordance with the process specified in the e-voting instructions. In accordance with MCA Circulars and provisions of the Act, SEBI Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (‘‘the SEBI Listing Regulations’’) and rules/ regulations mentioned thereto, the physical copy of Postal Ballot Notice, Postal Ballot Form and pre-paid business reply envelope will not be sent to the Members for this Postal Ballot. The communication of the assent or dissent of the members would take place through the process of remote e-voting only instead of submitting the postal ballot form.
SEBI vide its Circular SEBI/HO/MIRSD/POD1/P/CIR/2024/37 dated May 07, 2024 read with Circular SEBI/HO/MIRSD/ POD-1/P/CIR/2024/81 dated June 10, 2024, stated that all the listed companies shall intimate its securities holders holding in physical mode to comply with the requirements of registration/updation of valid PAN and KYC details with them/their RTAs for the folios wherein the details are missing and are not registered. As per the Circular any request/complaint from the holder/claimant shall be entertained only after the folio is fully KYC compliant as per the Circular. The holders are also requested to update/furnish their Nomination details.
The necessary documents and forms for updating the aforesaid KYC details are available on RTA's website at https://in.mpms.mufg.com/ and also available on the website of the Company at www.qualitypower.com or can be obtained by writing to the Company at [email protected] or to the RTA at [email protected] or logging in to SWAYAM Portal: https://swayam.in.mpms.mufg.com/
In compliance with the provisions of Sections 108 and 110 of the Act read with the Rules made thereunder, Regulation 44 of the SEBI Listing Regulations and in accordance with the MCA/ SEBI Circulars, the Company has engaged MUFG Intime as the agency for facilitating remote e-voting to enable the Members to cast their votes electronically (“remote e-voting”). In accordance with the MCA Circulars, the Members can vote only through remote e-voting.
E-voting shall commence on Saturday, 14[th] March, 2026 at 9:00 A.M. (IST) and end on Sunday, 12[th] April, 2026 at 5:00 P.M. (IST). The e-voting module shall be disabled for voting thereafter.
The Board has appointed Mr. Abhay Gulavani (C.P. No. 10741), Practising Company Secretaries, as Scrutinizer for conducting the Postal Ballot process (including e-voting), in a fair and transparent manner.

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Upon completion of scrutiny of the votes, the Scrutinizer will submit his report to the Chairman or to the person authorised by him as soon as possible after the last date of e-voting but not later than two working days from the end of e-voting. The results of the e-voting/postal ballot will be declared on or before Wednesday, 15[th] April, 2026, at the Registered Office of the Company and displayed there and on the website of the Company, on the website of MUFG Intime and intimated to the Stock Exchanges on which the equity shares of the Company are listed.
The Postal Ballot Notice is also being uploaded on the Company’s website, www.qualitypower.com and MUFG Intime India Private Limited.
Resolution passed by the members through postal ballot/e-voting shall be deemed to have been passed as if they have been passed at a general meeting of the members. The resolution, if approved by the requisite votes of members by means of postal ballot/e-voting, shall be deemed to have been passed on the last date of voting, i.e. Sunday 12[th] April, 2026.
In this Notice and the statement of material facts, the term “shareholder(s)” and “member(s)” are used interchangeably.
Members who have not yet registered their e-mail address are requested to get their e-mail addresses temporarily registered by visiting https://web.in.mpms.mufg.com/EmailReg/Email_Register.html Post successful registration of email, the Member would get soft copy of the notice and the procedure for e- voting along with the User ID and Password to enable remote e-voting for this Postal Ballot. In case of any queries, member may write to [email protected]
Members can also register their e-mail IDs and contact numbers with the Company by sending details to their respective depositories, CDSL and/ or NSDL or with the Registrar and Transfer Agent, viz., MUFG Intime to enable the Company to communicate to the members.
The information and instruction relating to remote e-voting process are as under:

REMOTE EVOTING INSTRUCTIONS:

In terms of SEBI circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, Individual shareholders holding securities in demat mode are allowed to vote through their demat account maintained with Depositories and Depository Participants.

- Shareholders are advised to update their mobile number and email Id correctly in their demat accounts to access remote e Voting facility.

Login method for Individual shareholders holding securities in demat mode:

Individual Shareholders holding securities in demat mode with NSDL

METHOD 1 - NSDL OTP based login

a) Visit URL: https://eservices.nsdl.com/SecureWeb/evoting/evotinglogin.jsp
b) Enter your 8 - character DP ID, 8 - digit Client Id, PAN, Verification code and generate OTP.
c) Enter the OTP received on your registered email ID/ mobile number and click on login.
d) Post successful authentication, you will be re-directed to NSDL depository website wherein you will be able to see e-Voting services under Value added services. Click on “Access to e-Voting” under e-Voting services.
e) Click on “MUFG InTime” or “evoting link displayed alongside Company’s Name” and you will be redirected to InstaVote website for casting the vote during the remote e-voting period.

METHOD 2 - NSDL IDeAS facility

Shareholders registered for IDeAS facility:

a) Visit URL: https://eservices.nsdl.com and click on “Beneficial Owner” icon under “IDeAS Login Section”.
b) Enter IDeAS User ID, Password, Verification code & click on “Log-in”.
c) Post successful authentication, you will be able to see e-Voting services under Value added services section. Click on “Access to e- Voting” under e-Voting services.

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d) Click on “MUFG InTime” or “evoting link displayed alongside Company’s Name” and you will be redirected to InstaVote website for casting the vote during the remote e-voting period.

Shareholders not registered for IDeAS facility:

a) To register, visit URL: https://eservices.nsdl.com and select “Register Online for IDeAS Portal” or click on https://eservices.nsdl.com/SecureWeb/IdeasDirectReg.jsp
b) Enter 8-character DP ID, 8-digit Client ID, Mobile no, Verification code & click on “Submit”.
c) Enter the last 4 digits of your bank account / generate ‘OTP’
d) Post successful registration, user will be provided with Login ID and password.
e) Follow steps given above in points (a-d).

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METHOD 3 - NSDL e-voting website

a) Visit URL: https://www.evoting.nsdl.com
b) Click on the “Login” tab available under ‘Shareholder/Member’ section.
c) Enter User ID (i.e., your 16-digit demat account no. held with NSDL), Password/OTP and a Verification Code as shown on the screen & click on “Login”.
d) Post successful authentication, you will be re-directed to NSDL depository website wherein you will be able to see e-Voting services under Value added services. Click on “Access to e-Voting” under e-Voting services.
e) Click on “MUFG InTime” or “evoting link displayed alongside Company’s Name” and you will be redirected to InstaVote website for casting the vote during the remote e-voting period.

Individual Shareholders holding securities in demat mode with CDSL

METHOD 1 - CDSL e-voting page

a) Visit URL: https://www.cdslindia.com.
b) Go to e-voting tab.
c) Enter 16-digit Demat Account Number (BO ID) and PAN No. and click on “Submit”.
d) System will authenticate the user by sending OTP on registered Mobile and Email as recorded in Demat Account
e) Post successful authentication, user will be able to see e-voting option. The evoting option will have links of e-voting service providers i.e., MUFG InTime. Click on “MUFG InTime” or “evoting link displayed alongside Company’s Name” and you will be redirected to InstaVote website for casting the vote during the remote e-voting period.

METHOD 2 - CDSL Easi/ Easiest facility:

Shareholders registered for Easi/ Easiest facility:

a) Visit URL: https://web.cdslindia.com/myeasitoken/Home/Login or Visit URL: www.cdslindia.com, click on “Login” and select “My Easi New (Token)”.
b) Enter existing username, Password & click on “Login”.
c) Post successful authentication, user will be able to see e-voting option. The evoting option will have links of e-voting service providers i.e., MUFG InTime. Click on “MUFG InTime” or “evoting link displayed alongside Company’s Name” and you will be redirected to InstaVote website for casting the vote during the remote e-voting period.

Shareholders not registered for Easi/ Easiest facility:

a) To register, visit URL: https://web.cdslindia.com/myeasitoken/Home/EasiRegistration / https://web.cdslindia.com/myeasitoken/Home/EasiestRegistration.
b) Proceed with updating the required fields for registration.
c) Post successful registration, user will be provided username and password on the registered email id. Follow steps given above in points (a-c).

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Individual Shareholders holding securities in demat mode with Depository Participant

Individual shareholders can also login using the login credentials of your demat account through your depository participant registered with NSDL / CDSL for e-voting facility.

a) Login to DP website
b) After Successful login, user shall navigate through “e-voting” option.
c) Click on e-voting option, user will be redirected to NSDL / CDSL Depository website after successful authentication, wherein user can see e-voting feature.
d) Post successful authentication, click on “MUFG InTime” or “evoting link displayed alongside Company’s Name” and you will be redirected to InstaVote website for casting the vote during the remote e-voting period.

Login method for shareholders holding securities in physical mode / Non-Individual Shareholders holding securities in demat mode.

Shareholders holding shares in physical mode / Non-Individual Shareholders holding securities in demat mode as on the cut-off date for e-voting may register and vote on InstaVote as under:

STEP 1: LOGIN / SIGNUP on InstaVote

Shareholders registered for INSTAVOTE facility:

a) Visit URL: https://instavote.linkintime.co.in & click on “Login” under ‘SHARE HOLDER’ tab.
b) Enter details as under:
A. User ID: Enter User ID
B. Password: Enter existing Password
C. Enter Image Verification (CAPTCHA) Code
D. Click “Submit”.
- (Home page of e-voting will open. Follow the process given under "Steps to cast vote for Resolutions”)

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Shareholders not registered for INSTAVOTE facility:

a) Visit URL: https://instavote.linkintime.co.in & click on “Sign Up” under ‘SHARE HOLDER’ tab & register with details as under:
A. User ID: Enter User ID
B. PAN: Enter your 10-digit Permanent Account Number (PAN) (Shareholders who have not updated their PAN with the Depository Participant (DP)/ Company shall use the sequence number provided to you, if applicable.

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C. DOB/DOI: Enter the Date of Birth (DOB) / Date of Incorporation (DOI) (As recorded with your DP/Company - in DD/MM/YYYY format)
D. Bank Account Number: Enter your Bank Account Number (last four digits), as recorded with your DP/Company. o Shareholders, holding shares in NSDL form , shall provide ‘point 4’ above.
Shareholders, holding shares in CDSL form , shall provide ‘point 3’ or ‘point 4’ above.
Shareholders, holding shares in physical form but have not recorded ‘point 3’ and ‘point 4’, shall provide their Folio number in ‘point 4’ above
E. Set the password of your choice.
(The password should contain minimum 8 characters, at least one special Character (!#$&*), at least one numeral, at least one alphabet and at least one capital letter).
F. Enter Image Verification (CAPTCHA) Code.
G. Click “Submit” (You have now registered on InstaVote).
Post successful registration, click on “Login” under ‘SHARE HOLDER’ tab & follow steps given above in points (ab).

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STEP 2: Steps to cast vote for Resolutions through InstaVote

A. Post successful authentication and redirection to InstaVote inbox page, you will be able to see the “Notification for e- voting”.
B. Select ‘View’ icon. E-voting page will appear.
C. Refer the Resolution description and cast your vote by selecting your desired option ‘Favour / Against’ (If you wish to view the entire Resolution details, click on the ‘View Resolution’ file link).
D. After selecting the desired option i.e. Favour / Against, click on ‘Submit’.
E. A confirmation box will be displayed. If you wish to confirm your vote, click on ‘Yes’, else to change your vote, click on ‘No’ and accordingly modify your vote.

NOTE: Shareholders may click on “Vote as per Proxy Advisor’s Recommendation” option and view proxy advisor recommendations for each resolution before casting vote. “Vote as per Proxy Advisor’s Recommendation” option provides access to expert insights during the e-Voting process. Shareholders may modify their vote before final submission.

Once you cast your vote on the resolution, you will not be allowed to modify or change it subsequently.

Non-Individual Body corporate shareholders shall send a scanned copy of the board resolution authorising its representative to vote, to the scrutinizer at registered email address with a copy marked to RTA at [email protected] and the company at registered email address.

Guidelines for Institutional shareholders (“Custodian / Corporate Body/ Mutual Fund”)

STEP 1 – Custodian / Corporate Body/ Mutual Fund Registration

A. Visit URL: https://instavote.linkintime.co.in
B. Click on “Sign Up” under “Custodian / Corporate Body/ Mutual Fund”
C. Fill up your entity details and submit the form.
D. A declaration form and organization ID is generated and sent to the Primary contact person email ID (which is filled at the time of sign up). The said form is to be signed by the Authorised Signatory, Director, Company Secretary of the entity & stamped and sent to [email protected].
E. Thereafter, Login credentials (User ID; Organisation ID; Password) is sent to Primary contact person’s email ID. (You have now registered on InstaVote)

STEP 2 – Investor Mapping

A. Visit URL: https://instavote.linkintime.co.in and login with InstaVote Login credentials.
B. Click on “Investor Mapping” tab under the Menu section
C. Map the Investor with the following details:
1) ‘Investor ID’ – Investor ID for NSDL demat account is 8 Character DP ID followed by 8 Digit Client ID i.e., IN00000012345678; Investor ID for CDSL demat account is 16 Digit Beneficiary ID.
2) ‘Investor’s Name - Enter Investor’s Name as updated with DP.
3) ‘Investor PAN’ - Enter your 10-digit PAN.
4) ‘Power of Attorney’ - Attach Board resolution or Power of Attorney.
- NOTE: File Name for the Board resolution/ Power of Attorney shall be – DP ID and Client ID or 16 Digit Beneficiary ID.

Further, Custodians and Mutual Funds shall also upload specimen signatures.

D. Click on Submit button. (The investor is now mapped with the Custodian / Corporate Body/ Mutual Fund Entity). The same can be viewed under the “Report section”.

STEP 3 – Steps to cast vote for Resolutions through InstaVote

The corporate shareholder can vote by two methods, during the remote e-voting period.

METHOD 1 - VOTES ENTRY

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a) Visit URL: https://instavote.linkintime.co.in and login with InstaVote Login credentials.
b) Click on “Votes Entry” tab under the Menu section.
c) Enter the “Event No.” for which you want to cast vote. Event No. can be viewed on the home page of InstaVote under “On-going Events”.
d) Enter “16-digit Demat Account No.”.
e) Refer the Resolution description and cast your vote by selecting your desired option ‘Favour / Against’ (If you wish to view the entire Resolution details, click on the ‘View Resolution’ file link). After selecting the desired option i.e. Favour / Against, click on ‘Submit’.
f) A confirmation box will be displayed. If you wish to confirm your vote, click on ‘Yes’, else to change your vote, click on ‘No’ and accordingly modify your vote.

(Once you cast your vote on the resolution, you will not be allowed to modify or change it subsequently).

METHOD 2 - VOTES UPLOAD

a) Visit URL: https://instavote.linkintime.co.in and login with InstaVote Login credentials.
b) After successful login, you will see “Notification for e-voting”.
c) Select “View” icon for “Company’s Name / Event number”.
d) E-voting page will appear.
e) Download sample vote file from “Download Sample Vote File” tab.
f) Cast your vote by selecting your desired option 'Favour / Against' in the sample vote file and upload the same under “Upload Vote File” option.
g) Click on ‘Submit’. ‘Data uploaded successfully’ message will be displayed.

(Once you cast your vote on the resolution, you will not be allowed to modify or change it subsequently).

NOTE: Non-Individual Body corporate shareholders shall send a scanned copy of the board resolution authorising its representative to vote, to the scrutinizer at registered email address with a copy marked to RTA at [email protected] and the company at registered email address.

HELPDESK:

Shareholders holding securities in physical mode / Non-Individual Shareholders holding securities in demat mode:

Shareholders holding securities in physical mode / Non-Individual Shareholders holding securities in demat mode facing any technical issue in login may contact INSTAVOTE helpdesk by sending a request at [email protected] or contact on: - Tel: 022 – 4918 6000.

Individual Shareholders holding securities in demat mode:

Individual Shareholders holding securities in demat mode may contact the respective helpdesk for any technical issues related to login through Depository i.e., NSDL and CDSL.

Login type	Helpdesk details
Individual Shareholders holding securities in demat mode with NSDL	Members facing any technical issue in login can contact NSDL helpdesk by sending request at [email protected] call at: 022 - 4886 7000
Individual Shareholders holding securities in demat mode with CDSL	Members facing any technical issue in login can contact CDSL helpdesk by sending request at [email protected] contact at toll free no. 1800 22 55 33

Forgot Password:

Individual Shareholders holding securities in physical mode / Non-Individual Shareholders holding securities in demat mode:

Individual Shareholders holding securities in physical mode / Non-Individual Shareholders holding securities in demat mode have forgotten the USER ID [Login ID] or Password or both then the shareholder can use the “Forgot Password” option available on: https://instavote.linkintime.co.in

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Click on “Login” under ‘SHARE HOLDER’ tab.
Further Click on “forgot password?”
Enter User ID, select Mode and Enter Image Verification code (CAPTCHA).
Click on “SUBMIT”.

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In case Custodian / Corporate Body/ Mutual Fund has forgotten the USER ID [Login ID] or Password or both then the shareholder can use the “Forgot Password” option available on: https://instavote.linkintime.co.in

Click on ‘Login’ under “Custodian / Corporate Body/ Mutual Fund” tab
Further Click on “forgot password?”
Enter User ID, Organization ID and Enter Image Verification code (CAPTCHA).
Click on “SUBMIT”.

In case shareholders have a valid email address, Password will be sent to his / her registered e-mail address. Shareholders can set the password of his/her choice by providing information about the particulars of the Security Question and Answer, PAN, DOB/DOI etc. The password should contain a minimum of 8 characters, at least one special character (!#$&*), at least one numeral, at least one alphabet and at least one capital letter.

Individual Shareholders holding securities in demat mode with NSDL/ CDSL has forgotten the password:

Individual Shareholders holding securities in demat mode have forgotten the USER ID [Login ID] or Password or both, then the Shareholders are advised to use Forget User ID and Forget Password option available at above mentioned depository/ depository participants website.

General Instructions - Shareholders

It is strongly recommended not to share your password with any other person and take utmost care to keep your password confidential.
For shareholders/ members holding shares in physical form, the details can be used only for voting on the resolutions contained in this Notice.
During the voting period, shareholders/ members can login any number of time till they have voted on the resolution(s) for a particular “Event”.

By order of the Board of Directors Quality Power Electrical Equipments Limited

Sd/Deepak Suryavanshi Company Secretary & Compliance Officer ACS: 27641

Place: Sangli Date: 12[th] March 2026

Registered Office:

Plot No. L-61, M.I.D.C. Kupwad Block, Sangli – 416 436 CIN: L31102PN2001PLC016455 Tel.: 0233-2645432/35 Website: www.qualitypower.com e-mail: [email protected]

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Explanatory Statement pursuant to Section 102 of the Companies Act, 2013

Item No. 1

Re-appointment of Mr. Rajendra Sheshadri Iyer (DIN: 09319795) as an Independent Director of the Company

The Board of Directors of the Company had at its meeting held on 15[th] February, 2024 appointed Mr. Rajendra Sheshadri Iyer (DIN: 09319795) as an Independent Director of the Company for a first term of 2 (Two) consecutive years commencing from 15[th] February, 2024, to 14[th] February, 2026. Mr. Rajendra Sheshadri Iyer (DIN: 09319795) appointment was subsequently approved by the members through a Special Resolution passed in an Extra-Ordinary General Meeting held on 23[rd] March, 2024. Mr Rajendra Sheshadri Iyer (DIN: 09319795), being eligible, offered himself for re-appointment for the second term as an Independent Director of the Company

The Nomination and Remuneration Committee at its Meeting held on 31[st] January, 2026 based on the criteria detailed in the Nomination & Remuneration Policy and other policies of the Company, recommended the continued association of Mr. Rajendra Sheshadri Iyer (DIN: 09319795), as an Independent Director of the Company.

Brief Profile

Rajendra Sheshadri Iyer is an Independent Director of our Company and has been associated with our Company since February 15, 2024. He holds a bachelor’s degree in engineering (industrial electronics) from University of Pune. Prior to joining our Company, he was associated with ABB Management Services Limited as a strategic marketing manager, with Grid Solutions SAS as a founder and director and with GE Corporate UK and has an overall experience of more than 7 years.

Mr. Rajendra Sheshadri Iyer (DIN: 09319795), is a person of integrity, continues to be independent of the management of the Company and fulfills the conditions specified under the Act, the rules made thereunder and the SEBI Listing Regulations. Further, the Board is of the view that the knowledge and experience that Mr. Rajendra Sheshadri Iyer (DIN: 09319795), brings along with him will continue to be of immense benefit and value to the Company and pursuant to the recommendation of the NRC, recommend his re-appointment as an Independent Director to the members, not liable to retire by rotation, for a second term of 5 (five) consecutive years on the Board of the Company commencing from 15[th] February, 2026 up to 14[th] February, 2031 (both days inclusive).

Statutory disclosures / declarations

The Company has received the following statutory disclosures / declarations from Mr. Rajendra Sheshadri Iyer (DIN: 09319795), viz.:

i. Consent in writing to act as director in Form DIR-2, pursuant to Rule 8 of the Companies (Appointment and Qualifications of Directors) Rules, 2014 (“the Appointment Rules”);

ii. Intimation in Form DIR 8 in terms of the Appointment Rules to the effect that he is not disqualified under sub-section (2) of Section 164 of the Act;

iii. Declaration to the effect that he meets the criteria of independence as provided in subsection (6) of Section 149 of the Act and Regulation 16(1) (b) of Listing Regulations;

iv. Declaration pursuant to BSE Circular No. LIST/COMP/14/2018-19 dated June 20, 2018, and NSE Circular No. NSE/ CML/2018/24 dated June 20, 2018 that he has not been debarred from holding office of a director by virtue of any order passed by the SEBI or any other such authority;

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v. Confirmation that he is not aware of any circumstance or situation that exists or may be reasonably anticipated that could impair or impact her ability to discharge duties as an Independent Director of the Company; and

vi. Confirmation that he complies with Rules 6(1) and 6(2) of the Appointment Rules, with respect to his registration with the data bank of Independent Directors maintained by the Indian Institute of Corporate Affairs.

A copy of the consent letter, declarations, confirmations and draft letter of re-appointment constituting terms and conditions of re-appointment would be available for inspection by the members at the registered office of the Company between 11:00 A.M. and 01:00 P.M. on all working days except Saturdays, Sundays and public holidays from the date of dispatch of this postal ballot notice up to the last date of remote e-voting i.e. Sunday, 12[th] April, 2026.

The other details, including the remuneration of Mr. Rajendra Sheshadri Iyer (DIN: 09319795) in terms of Regulation 36(3) of the Listing Regulation and Secretarial Standard 2 are given in Annexure I to this Notice.

Disclosure of Interest

Except Mr. Rajendra Sheshadri Iyer (DIN: 09319795) and his relatives, none of the Directors or Key Managerial Personnel or their relatives is in anyway, concerned or interested financially or otherwise, in the said resolution.

The Board recommends the resolution as set out at Item No.1 of this Notice for approval of the Members as a Special Resolution.

By order of the Board of Directors Quality Power Electrical Equipments Limited

Sd/Deepak Suryavanshi Company Secretary & Compliance Officer ACS: 27641

Place: Sangli Date: 12[th] March, 2026

Registered Office:

Plot No. L-61, M.I.D.C. Kupwad Block, Sangli – 416 436 CIN: L31102PN2001PLC016455 Tel.: 0233-2645432/35 Website: www.qualitypower.com e-mail: [email protected]

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Annexure I

- Details of Director seeking re appointment

==> picture [444 x 619] intentionally omitted <==

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-
[Pursuant to Regulation 36(3) of Listing Regulations and Secretarial Standard 2 on General Meetings]
Particulars Mr. Rajendra Sheshadri Iyer (DIN: 09319795)
Category / Designation Independent Director
Director Identification No. (DIN) 09319795
Date of Birth 29-10-1970
Age 55
Experience 7 Years
Original Date of Appointment 15-02-2024
Qualifications Bachelor’s degree in Engineering (industrial Electronics)
from University of Pune
Brief Profile Rajendra Sheshadri Iyer is an Independent Director of our
Company and has been associated with our Company
since February 15, 2024. He holds a bachelor’s degree in
engineering (industrial electronics) from University of
Pune. Prior to joining our Company, he was associated
with ABB Management Services Limited as a strategic
marketing manager, with Grid Solutions SAS as a founder
and director and with GE Corporate UK and has an overall
experience of more than 7 years.
Terms and conditions for appointment As per the resolution set out at Item No. 1 of the Postal
/ reappointment Ballot Notice, read with the statement pursuant to
Section 102 of the Act
Directorship in other Companies along 1.Gridpro Ventures Pvt Ltd
with listed entities from which the 2. Ruyota Digital Infratech Pvt Ltd
person has resigned in the past three 3. ENDOKS ENERJİ ANONİM ŞİRKETİ
years
Chairmanship/Membership of Nil
Committees in other Companies
Number of Equity Shares held in the Nil
Company
Number of Equity Shares held in the Nil
Company for any other person on a
beneficial basis
Relationship between Directors inter- Nil
se; with other Directors and Key
Managerial Personnel of the Company
Remuneration last drawn, if applicable 44 Lacs per annum being paid as Commission, as
approved by the members of the Company at 24 [th] Annual
General Meeting
Remuneration sought to be paid 44 Lacs as Commission
Number of Meetings of the Board 4
attended during the year 2025-26
(YTD)
Skills and capabilities required for the Mr. Rajendra Sheshadri Iyer (DIN: 09319795), is a person
role, and the manner in which the of integrity, continues to be independent of the
proposed person meets such management of the Company, and fulfills the conditions
requirements. specified under the Act, the rules made thereunder, and
the SEBI Listing Regulations
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AI assistant

QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED — Proxy Solicitation & Information Statement 2026

60035_rns_2026-03-12_7f3ce7cb-5de3-4f91-b97b-dae91f465503.pdf

NSE Symbol: QPOWER

BSE Scrip Code: 544367

Subject: Submission of Postal Ballot Notice