Belrise Industries 30th AGM Approves Dividend, Capital Hike

Date: Wednesday, September 30, 2026
Time: 12:30 p.m. (IST)
Location: Gateway Aurangabad (Vivanta by Taj), 8-N-12, CIDCO, Dr. Rafiq Zakaria Marg, Rauza Bagh, Chh. Sambhajinagar - 431003, Maharashtra
Type: 30th Annual General Meeting

Total shareholders as of cut-off date (September 23, 2026): 236,934
Shareholders present in meeting: 41 total (7 Promoter and Promoter Group, 34 Public)
Chairman: Mr. Shrikant Shankar Badve, Managing Director, elected as Chairman by Board members

The following six resolutions were transacted:

Ordinary Business:

1. Adoption of Audited Standalone Financial Statements as at March 31, 2026 - Ordinary Resolution

2. Adoption of Audited Consolidated Financial Statements as at March 31, 2026 - Ordinary Resolution

3. Re-appointment of Mrs. Supriya Badve (Whole Time Director) who retires by rotation - Ordinary Resolution

4. Declaration of final dividend - Ordinary Resolution

Special Business:

5. Ratification of remuneration to Cost Auditor for Financial Year 2026-27 - Ordinary Resolution

6. Increase in Authorized Share Capital and consequent alteration of Capital clause of Memorandum of Association - Ordinary Resolution

Method: Electronic voting facility provided pursuant to Regulation 44 of SEBI LODR
E-voting period: Sunday, September 27, 2026 (09:00 A.M. IST) to Tuesday, September 29, 2026 (05:00 P.M. IST)
Post-meeting voting: Members who didn't vote remotely were given opportunity to cast votes after AGM conclusion
Scrutinizer: CS Makarand Lele of M/s Makarand Lele & Co. appointed to scrutinize e-voting process
Results timing: Voting results and Scrutinizer's Report to be submitted in due course as per Regulation 44(3) of SEBI LODR and Section 108 of Companies Act, 2013

The following directors and officials were present:

Mr. Shrikant Shankar Badve (Managing Director, Member of Banking and Finance Committee)
Mrs. Supriya Shrikant Badve (Whole Time Director, Chairman of CSR Committee & Risk Management Committee, Member of Banking and Finance Committee)
Mr. Ashok Vishnu Tagare (Non-Executive Director, Chairman of Banking and Finance Committee & Stakeholder Relationship Committee, Member of Nomination and Remuneration Committee, Audit Committee, CSR Committee)
Dr. Milind Pralhad Kamble (Non-Executive Independent Director, Member of Nomination and Remuneration Committee, CSR Committee, Risk Management Committee and Stakeholder Relationship Committee)
Mr. Dilip Bindumadhav Huddar (Non-Executive Independent Director, Chairman of Nomination and Remuneration Committee, Member of Audit Committee, Risk Management Committee and Stakeholder Relationship Committee)
Mrs. Sangeeta Singh (Non-Executive Independent Director)

Absent with leave: Mr. Girish Kumar Ahuja (Independent Director and Chairman of Audit Committee) due to health issues

Statutory registers were available for inspection during AGM as per Companies Act, 2013
Chairman delivered address highlighting company's performance for FY ended March 31, 2026
Notice of AGM and Auditor's Report were taken as read (no qualifications or adverse remarks in Statutory Auditor's Report)
Question & answer session conducted regarding business operations and financials, answered by Chief of Staff and President (Strategy)
Meeting concluded at 12:54 p.m.

Disclosure made to BSE (Scrip Code: 544405, ISIN: INE894V01022) and NSE (Symbol: BELRISE, ISIN: INE894V01022)
Summary of proceedings available on company website under 'Investor Relations' at https://belriseindustries.com/
Signed by Siddhesh Mandke, Company Secretary and Compliance Officer (Membership No. F20101)
Date: September 30, 2026
Place: Chhatrapati Sambhajinagar