Panafic Industrials Ltd. AGM Proceedings Disclosure

Meeting Details

The 41st Annual General Meeting of Panafic Industrials Limited was held on Friday, 11th September, 2026 at 10:00 A.M. at Community Hall, D-Block, Pushpanjali Enclave, Pitampura, Delhi. The meeting concluded at 11:00 A.M.

Attendance

Directors/KMPs Present:

  • Ms. Sarita Gupta - Chairperson/Managing Director, Chairperson of Right Issue Committee, Member of Audit Committee and Stakeholder's/Investor Relationship Committee
  • Mr. Duraiswamy Basuvaiah - Non-Executive Independent Director, Chairman of Audit Committee, Nomination & Remuneration Committee, and Stakeholder's/Investor Relationship Committee
  • Mr. Chandan - Non-Executive Independent Director, Member of Audit Committee, Nomination & Remuneration Committee, Stakeholder's/Investor Relationship Committee and Right Issue Committee
  • Ms. Aarushi Gupta - Chief Financial Officer
  • Mr. Dharmender Kumar - Company Secretary & Compliance Officer

By Invitation:

  • CA Apoorv Aggarwal - Representative of M/s. Sudhir Agrawal & Associates, Statutory Auditors
  • CS Jayanti Sharma - Practicing Company Secretary, Partner - JVP & Associates Company Secretaries LLP (Scrutinizer of 41st AGM)

Quorum: A total of 4 members attended the meeting in physical mode.

Meeting Proceedings

The Chairperson extended welcome to shareholders, auditors, scrutinizer, directors and KMPs. Statutory Registers as required under the Companies Act, 2013 were made available for members to view on request.

Voting Arrangements:

  • Remote E-Voting facility was provided from 8th September, 2026 (9:00 AM) to 10th September, 2026 (5:00 PM)
  • Members present at meeting who hadn't exercised e-voting could cast votes through Ballot Paper

Chairperson's Address:

The Chairperson provided summary of the Annual Report including Statutory Auditors Report and Secretarial Auditors Report for Financial Year 2025-26, specifically addressing qualifications/remarks mentioned by the Auditors. She delivered a speech regarding the company's progressive performance, stating that during 2025-26, the company continued to focus on operational excellence, building efficiency and strong market competitiveness despite challenges from inflation, cut-throat competition and regulatory pressures.

Members were given opportunity to share queries and seek clarifications regarding resolutions, which were addressed by the Chairperson.

Resolutions Voted Upon

The following resolutions specified in the Notice dated 17th August, 2026 were put to vote:

| Item No. | Particulars of Resolution | Type of Resolution |

| 1 | Adoption of Audited Financial Statements for FY ended 31st March, 2026 with Reports of Board of Directors and Auditors | Ordinary |

| 2 | Appointment of Director in place of Ms. Renu (DIN: 03572788) who retires by rotation and offers herself for re-appointment | Ordinary |

| 3 | Change of name of the Company | Special |

| 4 | Alteration of name clause in Memorandum of Association consequent to change of name | Special |

| 5 | Alteration of Articles of Association consequent to change of name | Special |

| 6 | Appointment of Secretarial Auditors | Ordinary |

Scrutinizer Arrangements

JVP & Associates, Company Secretaries, LLP was appointed as Scrutinizer to scrutinize votes cast in the AGM and remote e-voting. The scrutinizer's report in prescribed format along with voting results on all resolutions will be submitted to the Stock Exchange within prescribed timelines pursuant to Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These reports will also be uploaded on the company website: www.panaficindustrialsitd.in