Syncom Formulations 38th AGM Approves Dividend, Appointments

Date: 30th September, 2026

Shri Ankit Kedarmal Bankda was re-appointed as Director who retires by rotation (DIN:02359461)
Confirmation of appointment of Mr. Rahul Vijay Bankda (DIN:00827827) as Director and approval of his appointment as Managing Director with remuneration
Confirmation of appointment of Mrs. Rinki Ankit Bankda (DIN:06946754) as Director and approval of her appointment as Whole-Time Director with remuneration
Re-appointment of Mrs. Ruchi Jindal (DIN:09633465) as Woman Independent Director
Approval to increase remuneration payable to Mr. Ankur Vijay Bankda, Chief Financial Officer
Ratification of remuneration of Cost Auditor for Financial Year 2026-27

Declared dividend on 94,00,00,000 equity shares at the rate of 10% i.e. ₹0.10 per equity share of face value ₹1 each for Financial Year ended March 31, 2026
Dividend approved by ordinary resolution

The 38th Annual General Meeting approved all agenda items:

Adoption of Standalone and Consolidated Audited Financial Statements as at 31st March, 2026
Declaration of dividend for FY2025-26
Re-appointment of Ankit Kedarmal Bankda as Director
Ratification of Cost Auditor remuneration for FY2026-27
Confirmation of director appointments and approval of managerial remuneration for Rahul Vijay Bankda (MD) and Rinki Ankit Bankda (WTD)
Increase in remuneration for CFO Ankur Vijay Bankda
Re-appointment of Ruchi Jindal as Independent Director

Meeting held through Video Conferencing/Other Audio Visual Means (VC/OAVM)
Registered office deemed as venue: 7, Niraj Industrial Estate, Off Mahakali Caves Road, Andheri (East) Mumbai–400093
Meeting timing: 2:00 PM to 2:42 PM IST on 30th September 2026
73 members attended meeting through VC/OAVM platform provided by CDSL
Total shareholders as of cut-off date (23rd September 2026): 424,429
Scrutinizer appointed: CS Anish Gupta, Practicing Company Secretary (FCS 5733, CP 4092), Designated Partner of VKMG & Associates LLP (FRN AAN-5436)
Company is process of transferring unclaimed dividend shares (7+ years unclaimed) to IEPF Authority
E-voting conducted: Remote e-voting from 27th September 9:00 AM to 29th September 5:00 PM IST, plus venue e-voting during AGM
Results of e-voting to be announced within 2 working days from AGM conclusion