Bhagwati Autocast Limited has issued notice for its 44th Annual General Meeting to be held on Friday, 14th August, 2026 at 11:00 AM IST through Video Conferencing/Other Audio-Visual Means in compliance with MCA Circular No. 03/2025 dated September 22, 2025 and SEBI Circular No. SEBI/HO/CFD/CFDPoD-2/P/CIR/2024/133 dated October 3, 2024.

Ordinary Business Agenda

1. To receive, consider and adopt the audited financial statements for the financial year ended 31st March, 2026 along with reports of Board of Directors and Auditors

2. To declare dividend on equity shares for the financial year ended 31st March, 2026

3. To appoint director in place of Ms. Reena Bhagwati (DIN: 00096280) who retires by rotation and is eligible for re-appointment

4. Appointment of M/s. TRS & Associates, Chartered Accountants, Ahmedabad (Firm Registration No. 141126W) as Statutory Auditors for a term from conclusion of 44th AGM till conclusion of 49th AGM in 2031 at remuneration to be approved by Board of Directors

Special Business Agenda

5. To approve and ratify remuneration of ₹82,500 per annum (exclusive of taxes/charges) plus reimbursement of out-of-pocket expenses to M/s. Kiran J. Mehta & Co., Cost Accountants (FRN: 000025) for conducting cost audit for FY ending 31st March, 2027

6. Regularization of Mr. Prakash Dalal (DIN: 09166092) as Non-executive Director who was appointed as Additional Director effective 29th May, 2026

7. Re-appointment of Mr. Shantanu Chitranjan Mehta (DIN: 08930872) as Non-executive Independent Director for a second term of five years effective 23rd September, 2026

Director Information

| Name | DIN | Date of Birth | Shares Held | Date of Initial Appointment |

| Ms. Reena P. Bhagwati | 00096280 | 26/08/1966 | 12,05,589 | 01/11/2020 (as Managing Director) |

| Mr. Shantanu Chitranjan Mehta | 08930872 | 31/12/1956 | 0 | 23/09/2021 (as Independent Director) |

| Mr. Prakash Dalal | 09166092 | 21/02/1962 | 0 | 29/05/2026 (as Additional Director) |

Dividend Information

The Register of Members and Share Transfer Books will remain closed from Saturday, 8th August, 2026 to Friday, 14th August, 2026 (both days inclusive). Final dividend for FY 2025-26, if approved, will be paid electronically within 30 days of declaration. Dividend will be paid only through electronic mode as mandated by SEBI effective 1st April, 2024.

Tax Deduction at Source (TDS)

  • For Resident Members: TDS @10% under Section 194 of Income Tax Act, 1961, subject to PAN registration. If PAN not registered, TDS @20% under Section 206AA
  • For Non-Resident Members: TDS @20% (plus applicable surcharge and cess) under Section 195, with possible lower rates under DTAA upon submission of required documents
  • No TDS if aggregate dividend does not exceed ₹5,000 during financial year
  • Documents must be submitted by 7th August, 2026 to cs@bhagwati.com

Unclaimed Dividend History

| Financial Year | Date of Declaration | Last Date for Claim |

| 2018-2019 | 21/08/2019 | 26/09/2026 |

| 2019-2020 | 24/09/2020 | 30/10/2027 |

| 2020-2021 | 23/09/2021 | 29/10/2028 |

| 2021-2022 | 22/09/2022 | 28/10/2029 |

| 2022-2023 | 20/09/2023 | 26/10/2030 |

| 2023-2024 | 25/09/2024 | 26/10/2031 |

| 2024-2025 | 16/09/2025 | 22/10/2032 |

E-Voting Details

Remote e-voting period: Monday, 10th August, 2026 (09:00 AM) to Thursday, 13th August, 2026 (05:00 PM) through NSDL. Cut-off date for voting rights: Friday, 7th August, 2026. Scrutinizer: Mr. Chirag Shah (FCS: 5545; CP No.: 3498) of M/s. Chirag Shah & Associates.

Statutory Auditor Appointment Details

M/s. TRS & Associates, Chartered Accountants proposed fee for FY 2026-27: ₹4,00,000 (for Statutory Audit, Tax Audit and limited review fees), excluding certification fees and expense reimbursement. The firm holds Peer Review Certificate No. 018337.

Additional Information

  • Annual Report being sent electronically only; hard copies available on request
  • No physical attendance or proxy appointments allowed due to virtual meeting
  • Members can submit questions in advance to cs@bhagwati.com at least 10 days before AGM
  • Register of Directors and related documents available for electronic inspection
  • Shares where dividend remains unclaimed for 7 consecutive years will be transferred to IEPF