Bhagwati Autocast Limited held its 44th Annual General Meeting (AGM) on Friday, 14th August, 2026 at 11:00 AM through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The meeting was conducted in compliance with circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India.

Ms. Reena Bhagwati, Chairman, presided over the meeting which commenced at 11:00 AM. The Chief Financial Officer confirmed requisite quorum was present during the live streaming and welcomed members. Directors, Key Managerial Personnel, Auditors, and the Scrutinizer joined through VC facility.

Remote e-voting was available to shareholders from Monday, 10th August, 2026 at 09:00 a.m. to Thursday, 13th August, 2026 at 5:00 p.m. Members present at the AGM who had not voted remotely were eligible to vote through e-voting facility available during the meeting for 15 minutes after conclusion.

The Company appointed Chirag Shah & Associates, Practicing Company Secretary, as Scrutinizer to scrutinize both remote e-voting and e-voting during the AGM. The combined results will be announced within two working days of conclusion of the AGM upon receipt of Scrutinizer's Report.

Total number of shareholders on record date (August 07, 2026) was 2,949. Attendance through Video Conferencing included 4 promoters/promoter group members and 17 public shareholders.

The Chairman provided an overview of the Company's financial performance in FY 2025-26 and strategies to continue growth momentum in sales and profits. The Statutory Auditors' Report on financial statements for year ended 31st March, 2026 contained no qualifications or adverse remarks.

Business Items Considered and Approved

Ordinary Businesses:

1. Receipt, consideration, and adoption of audited financial statements for financial year ended 31st March, 2026 and reports of Board of Directors and Auditors (Ordinary Resolution)

2. Declaration of dividend on equity shares for financial year ended 31st March, 2026 (Ordinary Resolution)

3. Appointment of director in place of Ms. Reena Bhagwati (DIN:00096280), who retires by rotation and offered herself for re-appointment (Ordinary Resolution)

4. Appointment of Statutory Auditors and fixation of their remuneration (Ordinary Resolution)

Special Businesses:

5. Approval and ratification of remuneration of Cost Auditor (Ordinary Resolution)

6. Regularization of Additional Director, Mr. Prakash Dalal (DIN: 09166092) as Director of the company (Ordinary Resolution)

7. Re-Appointment of Mr. Shantanu Chitranjan Mehta (DIN: 08930872) as Non-Executive – Independent Director of the Company (Special Resolution)

The meeting concluded at 11:38 A.M. with a vote of thanks to the chair. The proceedings are being uploaded on the Company's website at www.bhagwati.com.