Hercules Investments Limited held its 64th Annual General Meeting (AGM) on Thursday, August 13, 2026 at 03:30 P.M. (IST) through Video Conference/Other Audio-Visual Means (VC/OAVM). The meeting was conducted in accordance with circulars issued by the Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI).

Shri Shekhar Bajaj, Chairman of the Company, chaired the meeting. The requisite quorum was present at the commencement. The company engaged MUFG Intime India Private Limited, its Registrar and Transfer Agent, to facilitate participation in the AGM through VC/OAVM and manage remote e-Voting and e-Voting during the AGM.

Attendance

Directors, Chief Financial Officer, Company Secretary, and other officials including the Chairperson of Audit Committee and Chairperson of Nomination and Remuneration Committee were present physically and through Video Conferencing. Representatives of Statutory Auditors (M/s. Kanu Doshi Associates LLP), Secretarial Auditors (M/s. S. N. Ananthasubramanian & Co.), and Internal Auditors (M/s. M L Bhuwania and Co LLP) were invited to attend through VC.

Voting Process

Remote e-Voting was available on all resolutions from 09:00 A.M. on August 10, 2026 to 05:00 P.M. on August 12, 2026. Members who had not voted remotely were provided an opportunity to vote during the AGM. Mr. Vaibhav Dandawate, Partner of Makarand M. Joshi and Co., Practicing Company Secretaries, was appointed as the Scrutinizer for vote scrutiny.

Business Transacted

The following items of business were transacted as per the AGM notice:

Ordinary Businesses:

1. Adoption of Audited Financial Statements for FY2025-26 ended March 31, 2026, together with Reports of Directors and Auditors (Ordinary Resolution)

2. Declaration of final dividend of ₹2.50 per equity share of Re. 1 each for FY2025-26 ended March 31, 2026 (Ordinary Resolution)

3. Re-appointment of Shri Shekhar Bajaj (DIN: 00089358) who retires by rotation (Ordinary Resolution)

Special Businesses:

4. Re-appointment of Shri Hariprasad Anandkishore Nevatia (DIN: 00066955) as Whole-time Director (Special Resolution)

5. Approval of material related party transactions for FY2026-27 (Ordinary Resolution)

6. Approval for Loans, Guarantees, Securities and Inter-Corporate Deposits up to ₹100 Crores pursuant to Sections 179, 185 and 186 of Companies Act, 2013 (Special Resolution)

7. Taking note of Practicing Chartered Accountant's Certificate pursuant to Regulation 45 of SEBI (LODR) Regulations, 2015 (Ordinary Resolution)

Document Availability

Pursuant to Companies Act, 2013, the following documents were made available electronically during the AGM: Financial Statements, Board's Report, Secretarial Audit Report, Register of Directors and Key Managerial Personnel and their shareholding, and Register of Contracts or Arrangements with Related Parties.

Meeting Proceedings

The Chairman delivered an opening address covering the company's working for FY2025-26 and business prospects. Registered Speaker Shareholders were provided opportunity to ask questions and express views on AGM items, financial statements, and integrated annual report, with responses provided by the Chairman.

Post-Meeting Procedures

The e-Voting facility remained open for an additional 15 minutes after the meeting concluded. Voting results along with Scrutinizer's Report will be communicated to BSE, uploaded on the company's website (www.herculeshoists.in) and MUFG Intime India Private Limited's website (https://instavote.linkintime.co.in), and made available for inspection at the company's registered office.

The meeting concluded at 03:55 P.M. IST on August 13, 2026.