Summary of Proceedings

Meeting Details

The 46th Annual General Meeting was held on Wednesday, September 16, 2026 through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The meeting commenced at 3:00 PM and concluded at 3:27 PM on the same day, including time allowed for e-voting at the AGM.

Compliance Framework

The meeting was held in compliance with General Circulars issued by the Ministry of Corporate Affairs (MCA), Secretarial Standards-2, circulars issued by SEBI, and applicable provisions of the Companies Act, 2013 and Rules made thereunder, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Attendance

Directors Present:

1. Mrs. Sangeeta Ketan Shah - Managing Director

2. Mr. Avinash Hariharno - Whole-time director (Chairman of the meeting)

3. Mr. Sajal Kumar Ghosh - Whole-time director

4. Ms. Indu Nagar - Independent Director

5. Mr. Palash Singhania - Independent Director

6. Ms. Smita Thakur - Independent Director

Other Officials in Attendance:

1. Mr. Chandra Shekhar Sahu - Company Secretary

2. Mr. Rajesh Archarya - Chief Financial Officer

3. Mr. Anshul Shekhar Nayak - Partner at MDN & Associates, Statutory Auditors

4. Mrs. Meena Naidu - Meena Naidu & Associates, Secretarial Auditor and Scrutinizer

5. Mr. Sashi Ranjan - Sashi Ranjan & Co., Cost Auditor

6. Ms. Nistha Agrawal - Nistha Agrawal & Co., Internal Auditor

Mr. Chandra Shekhar Sahu confirmed the presence of requisite quorum in terms of Section 103 of the Companies Act, 2013.

Auditor Reports

The Statutory Auditor's Report and Secretarial Audit Report on the Financial Statements for the financial year ended March 31, 2026 do not contain any qualifications, observations, or comments on financial transactions or matters having any adverse effect on the functioning of the Company. Accordingly, the Auditor's Report was not required to be read out before the meeting as provided under Section 145 of the Companies Act, 2013.

Voting Process

Pursuant to the provisions of the Companies Act, 2013 and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company provided remote e-voting facility to members. Remote e-voting commenced at 9:00 AM on Sunday, September 13, 2026 and ended at 5:00 PM on Tuesday, September 15, 2026. Facility for voting through e-voting system was also made available during the meeting for members who had not cast their vote prior to the meeting.

Ms. Meena Naidu of Meena Naidu & Associates was appointed as the Scrutinizer for scrutinizing the process of remote e-voting and e-voting during the AGM.

Agenda Items

The following resolutions were presented for voting:

Ordinary Business:

1. To consider and adopt the audited financial statements for the financial year ended March 31, 2026 (Ordinary Resolution)

2. To appoint a Director in place of Mr. Sajal Kumar Ghosh (DIN: 10045814) who retires by rotation and being eligible offers himself for re-appointment (Ordinary Resolution)

3. Appointment of Statutory Auditor to fill casual vacancy (Ordinary Resolution)

4. Appointment of Statutory Auditor (Ordinary Resolution)

Special Business:

5. Ratification of Remuneration to Cost Auditor (Ordinary Resolution)

6. Appointment of Mrs. Smita Thakur (DIN: 11771223) as an Independent Director for a term of five consecutive years w.e.f. June 18, 2026 (Special Resolution)

Shareholder Interaction

Members who had registered as speakers were invited to express their views and ask queries, which were addressed by the Chairman.

Result Declaration

Consolidated voting results of remote e-voting and e-voting conducted during the AGM will be declared within two working days from the conclusion of the meeting (by September 18, 2026). The results will be submitted to the stock exchanges where the company's securities are listed and uploaded on the websites of the company and stock exchanges.

Conclusion

The meeting concluded with a vote of thanks to the Chair at 3:27 PM (IST).