CARE Ratings Limited has announced the completion of the dispatch of the Notice of the Postal Ballot to its members. This action is in compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The advertisements regarding the completion of this dispatch were published in the Business Standard (English Edition) and Navshakti (Marathi Edition) newspapers on December 17, 2025. The company has also made this information available on its official website, www.careedge.in. Furthermore, a separate notice details a significant action concerning a defaulting borrower, Mr. Prakash Motilal Shah, and co-borrowers. Due to the default, CARE Ratings has reclassified the loan account, amounting to ₹20,06,730/-, as a Non-Performing Asset (NPA) effective from November 20, 2025. The notice specifies that the borrowers have 60 days from the date of this notice to regularize their loan accounts. It also outlines the process for borrowers to make the outstanding payment and warns of further actions under the SEBI (Secured Debt) Regulations, 2000, and the Companies Act, 2013, if the default continues. The notice also provides details for e-voting for shareholders regarding the postal ballot.