Shaily Engineering Plastics 46th AGM Notice

Item No. 1: Adoption of Financial Statements

To receive, consider and adopt Audited Standalone and Consolidated Financial Statements for FY ended 31st March 2026
Includes Balance Sheet, Statement of Profit and Loss, Cash Flow Statement, Auditor's Report, and Board of Directors' Report
Proposed as Ordinary Resolution

Item No. 2: Declaration of Dividend

Item No. 3: Re-appointment of Director

Item No. 4: Ratification of Cost Auditor Remuneration

Ratification of remuneration payable to M/s. Y. S. Thakar & Co., Cost and Management Accountants
Remuneration: ₹1,50,000 p.a. plus applicable tax, travelling and out-of-pocket expenses
For audit of cost records for FY 2026-27
Proposed as Ordinary Resolution

Item No. 5: Change in Remuneration of Subsidiary MD

Change in remuneration of Ms. Kinjal Bhavsar, Managing Director of Shaily Innovations Limited (UK Wholly Owned Subsidiary)
Effective from 1st April 2026
New remuneration: Basic Salary GBP 240,000 per annum plus perquisites and allowances
Previous remuneration: GBP 150,000 per annum (approved in 44th AGM held 21st September 2024)
Ms. Kinjal Bhavsar is spouse of Mr. Amit Mahendra Sanghvi (MD) and daughter-in-law of Mr. Mahendra Sanghvi (Chairman) and Mrs. Tilottama Sanghvi (Whole-time Director)
Related party transaction requiring member approval
Proposed as Ordinary Resolution

Item No. 6: Re-appointment of Managing Director

Re-appointment of Mr. Amit Mahendra Sanghvi (DIN: 00022444) as Managing Director
Term: 5 years from 1st October 2026 to 30th September 2031
Will not draw any remuneration from Shaily Engineering Plastics Limited
Currently serves as Managing Director of Shaily Innovations FZCO, Dubai (approved in 45th AGM held 27th September 2025)
Requires Central Government approval as he is a Non-Resident Indian
Proposed as Special Resolution

Item No. 7: Fundraising Authorization

Enabling resolution for raising funds up to ₹500 Crore
Through issuance of securities including equity shares, convertible debentures, non-convertible debentures, warrants
In one or more tranches via rights issue, preferential issue, private placement (including QIP)
Funds for expansion: new facilities in Chennai and Abu Dhabi, enhancing existing facilities, working capital, general corporate purposes
If QIP route used: allotment to be completed within 365 days from resolution passing, issue price not less than price determined per SEBI ICDR Regulations with up to 5% discount permitted
For issues exceeding ₹100 Crores, credit rating agency will monitor use of proceeds quarterly
Proposed as Special Resolution

Remote e-voting period: Friday, 25th September 2026 (9:00 AM) to Sunday, 27th September 2026 (5:00 PM)
E-voting service provider: National Securities Depository Limited (NSDL)
Physical attendance dispensed with, no proxy facility available

Payment will be made electronically only
Tax will be deducted at source as per Income Tax Act provisions
Shareholders must update PAN details with RTA/DP to avoid higher TDS deduction
Physical shareholders must complete KYC with RTA Bigshare Services Pvt Ltd by 11th September 2026

Notice and Annual Report available on company website (www.shaily.com), BSE (www.bseindia.com), NSE (www.nseindia.com), and NSDL (https://www.evoting.nsdl.com/)
Documents open for inspection at Registered Office between 11:00 AM and 1:00 PM on working days

Bigshare Services Private Limited

Office No. S6-2, 6th floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (E), Mumbai – 400 093

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