Innova Captab 22nd AGM Approves Director Reappointments

Meeting Details

• Date: Wednesday, 30th September, 2026
• Time: 11:00 A.M. to 11:30 A.M. (IST)
• Location: Conducted through Video Conferencing/Other Audio-Visual Means (VC/OAVM)
• Type: Annual General Meeting

Attendees

The meeting was attended by the following Directors and Key Managerial Personnel (KMPs):

• Mr. Manoj Kumar Lohariwala - Chairman and Whole-Time Director/Promoter/Shareholder (Panchkula)
• Mr. Vinay Lohariwala - Managing Director/Promoter/Shareholder (Panchkula)
• Mr. Jayant Vasudeo Rao - Whole-Time Director/Shareholder (Panchkula)
• Mr. Archit Aggarwal - Non-Executive-Non Independent Director/Shareholder (Delhi)
• Mr. Sudhir Kumar Bassi - Non-Executive-Independent Director (Mumbai)
• Ms. Priyanka Dixit - Non-Executive-Independent Director (New Delhi)
• Mr. Mahendar Korthiwada - Non-Executive-Independent Director (Hyderabad)
• Mr. Shirish Gundopant Belapure - Non-Executive-Independent Director (Ahmedabad)
• Mr. Lokesh Bhasin - Chief Financial Officer (Panchkula)
• Ms. Neeharika Shukla - Company Secretary and Compliance Officer (Panchkula)

Representatives of Statutory Auditors, Secretarial Auditors, and the Scrutinizer also attended through VC.

Resolutions Proposed

The following items of business were put to vote:

Ordinary Business

1. To receive, consider and adopt: (i) the Audited Revised Standalone Financial Statements for FY ended 31 March 2026 with Reports of Board of Directors and Auditors; and (ii) the Audited Revised Consolidated Financial Statements for FY ended 31 March 2026 with Report of the Auditors (Ordinary Resolution)

2. To appoint Mr. Jayant Vasudeo Rao (DIN: 03627850) as Whole-Time Director who retires by rotation (Ordinary Resolution)

3. To consider re-appointment of M/s. B S R & Co. LLP as Auditors (Ordinary Resolution)

Special Business

4. To consider ratification of remuneration payable to Cost Auditors for FY 2027 (Ordinary Resolution)

5. To approve re-appointment and remuneration of Mr. Manoj Kumar Lohariwala (DIN: 00144656) as Whole-Time Director for five years (Ordinary Resolution)

6. To approve re-appointment and remuneration of Mr. Vinay Lohariwala (DIN: 00144700) as Managing Director for five years (Ordinary Resolution)

7. To approve re-appointment of Mr. Sudhir Kumar Bassi (DIN: 07819617) as Non-Executive Independent Director for second term of five years (Special Resolution)

8. To approve re-appointment of Ms. Priyanka Dixit (DIN: 06578720) as Non-Executive Independent Director for second term of five years (Special Resolution)

9. To approve re-appointment of Mr. Mahendar Korthiwada (DIN: 09558992) as Non-Executive Independent Director for second term of five years (Special Resolution)

10. To approve re-appointment of Mr. Shirish Gundopant Belapure (DIN: 02219458) as Non-Executive Independent Director for second term of five years (Special Resolution)

Voting Process and Methods

The Company provided remote e-voting facility through National Securities Depository Limited (NSDL) from Sunday, 27th September, 2026 at 9:00 A.M. (IST) to Tuesday, 29th September, 2026 at 5:00 P.M. (IST). Members who attended the meeting and had not cast votes earlier were provided opportunity to cast votes through e-voting during the meeting. The e-voting facility remained available for 30 minutes after the conclusion of the AGM.

CS Sandhya R. Malhotra, partner of M/s. Manish Ghia & Associates, Practicing Company Secretaries, was appointed as Scrutinizer to supervise the e-voting process in a fair and transparent manner and issue the scrutinizer's report.

Compliance and Documentation

The meeting was conducted in compliance with the Companies Act, 2013 and relevant circulars issued by MCA and SEBI. The notice convening the AGM and Annual Report for FY ended 31st March, 2026 were circulated electronically to shareholders. The Statutory Auditors and Secretarial Auditors expressed unqualified opinions in their respective audit reports. The register of Directors and KMPs, register of contracts or arrangements in which Directors are interested, and all other documents referred to in the AGM notice were available for inspection during the AGM.

Additional Information

• Total attendance: 49 members (44 through VC, 4 physically present)
• The proceedings and video recording of the AGM are available on the company's website at https://www.innovacaptab.com/corporate-governance.php
• The combined results of remote e-voting and e-voting during AGM, together with the Scrutinizer's report, will be intimated to Stock Exchanges and uploaded on the company website and NSDL website within stipulated time
• Mr. Manoj Kumar Lohariwala chaired the meeting and provided industry overview, while Mr. Vinay Lohariwala discussed business operations, financials and strategic initiatives