TARC Holds 10th AGM Approving Seven Resolutions

TARC Limited

Date: Saturday, September 19, 2026
Time: 11:00 A.M.
Location: Conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM)
Type: Annual General Meeting

The meeting considered the following seven resolutions as per the notice of AGM:

Ordinary Business:

Item No. 1: To receive, consider, approve and adopt the Audited Standalone Financial Statements and Audited Consolidated Financial Statements for the Financial Year ended March 31, 2026 together with Reports of Board of Directors and Auditors
Item No. 2: To appoint Mrs. Muskaan Sarin (DIN: 01871183) as a director liable to retire by rotation
Item No. 3: Appointment of M/s. Singhi & Co., Chartered Accountants, as the Statutory Auditor

Special Business:

Item No. 4: To ratify, approve and confirm the remuneration of Cost Auditor for financial year ending March 31, 2027
Item No. 5: To approve the continuation of Mr. Anil Sarin (DIN: 00016152) as Non-Executive Non Independent Director upon attaining age of 75 years
Item No. 6: To approve revision in remuneration of Mr. Amar Sarin (DIN: 00015937) as Managing Director & Chief Executive Officer
Item No. 7: To re-appoint Mrs. Muskaan Sarin (DIN: 01871183) as Whole Time Director & Chief Brand Officer and to fix her remuneration

Remote e-voting facility was provided to members from September 16, 2026 (09:00 am) to September 18, 2026 (5:00 pm)
Members who had not cast votes through remote e-voting could vote through e-voting system during the AGM
Mr. Mritunjay Chandra Shekhar, Prop. of Mritunjay Shekhar & Associates, Practicing Company Secretary, was appointed as Scrutinizer to scrutinize remote e-voting and e-voting at the AGM
The voting remained available for 15 minutes after the conclusion of the meeting
Results of voting will be announced on company and stock exchange websites after receipt of consolidated report from the Scrutinizer

The Chairman confirmed requisite quorum was present
All Directors were present except Mr. Miyar Ramanath Nayak
Chairpersons of Audit Committee, Nomination & Remuneration Committee, and Stakeholders Relationship Committee were present
Chief Financial Officer, Company Secretary, and representative of Secretarial Auditor attended through VC
113 members were present at the conclusion of the AGM
The meeting commenced at 11:00 AM and concluded at 11:30 AM

The Chairman highlighted the company's focused approach towards luxury residential development, strong execution capabilities, and financial discipline
Apprised members of customer handovers at TARC Tripundra and upcoming developments
Emphasized building a distinctive, enduring and trusted luxury real estate brand
Members who pre-registered as speakers were invited to speak and seek clarifications
Queries were responded to by Mr. Amar Sarin, Managing Director & CEO

Conducted in compliance with Companies Act, 2013 and SEBI LODR Regulations, 2015
Notice of AGM, Directors Report, Corporate Governance Report, Management Discussion and Analysis Report, and Financial Statements were taken as read
Auditors' Report does not contain any qualification