Pine Labs Limited announced that its Board of Directors, in a meeting held on December 17, 2025, commencing at 1:30 PM and concluding at 1:48 PM, has approved several key decisions. The board has approved the appointment of M/s. Makarand M. Joshi & Co., Practicing Company Secretaries, as the Secretarial Auditors of the Company. This appointment is for a period of five consecutive years, starting from the Financial Year 2025-26 up to the Financial Year 2029-30, and is subject to the approval of the Company's Shareholders. Furthermore, the Board approved the issuance of a Postal Ballot Notice to seek shareholders' approval on multiple resolutions. These include the ratification and amendment of the Pine Labs Employee Stock Option Plan 2025 (ESOP Scheme), and the ratification of extending the benefits of the same ESOP Scheme to employees of the Company's subsidiary companies. Shareholders will also be asked to approve the appointment of secretarial auditors for the five-year term and the creation of charges or mortgages on the company's immovable and movable properties under Section 180(1)(a) of the Companies Act, 2013. The Notice of the Postal Ballot, along with other required information, will be published and communicated in due course. The Company stated that this information will also be available on its website under the investor relations section. M/s. Makarand M. Joshi & Co. is described as a firm with over 25 years of experience in Corporate Governance and Compliance, with expertise in Secretarial Audits and Compliance Audits.