Tokyo Plast 33rd AGM Approves Director Remuneration

Meeting Type: Thirty-third Annual General Meeting
Date: Wednesday, September 30, 2026
Time: Commenced at 12:30 p.m. (IST) and concluded at 12:55 p.m. (IST)
Location: Conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
Duration: 25 minutes (including time allowed for electronic voting at the Meeting)

Chairman: Mr. Viraj Devang Vora (Independent Director and Chairman of the Audit Committee, Nomination & Remuneration Committee, and Stakeholders Relationship Committee)
Compliance: Meeting held in accordance with circulars from Ministry of Corporate Affairs and SEBI, Companies Act 2013, and SEBI LODR Regulations 2015
Directors Present: Mr. Viraj Devang Vora (Chairman)
Leave of Absence: Granted to Shri Velji L. Shah (Managing Director), Smt. Jinali Rushin Modi (Independent Director), and Smt. Kinnari Sunny Charla (Independent Director)
Auditors Present: Statutory Auditors (M/s U B G & Company, Chartered Accountants) and Secretarial Auditor (Ms. Ashika Shetty, Practicing Company Secretary)
Scrutinizer: Shri Virendra Bhatt, Practicing Company Secretary (Membership No.: 1157 / COP No.: 124) appointed to scrutinize electronic voting

1. Consideration and adoption of:

(a) Audited Standalone Financial Statement for FY ended March 31, 2026, and Reports of Board of Directors and Auditors
(b) Audited Consolidated Financial Statement for FY ended March 31, 2026, and Report of Auditors
Type: Ordinary Resolution

2. Re-appointment of Mr. Priyaj Haresh Shah (DIN: 08828464) as Director who retired by rotation

3. Approval of remuneration payable to Mr. Haresh Velji Shah (DIN: 00008339), Whole-Time Director and Chief Financial Officer

Amount: ₹36,00,000/- per annum
Period: 3 years from April 1, 2026 to March 31, 2029
Legal Basis: Sections 197, 198 read with Schedule V of Companies Act, 2013 and Regulation 17(6)(e) of SEBI Listing Regulations
Type: Special Resolution

4. Approval of remuneration payable to Mr. Priyaj Haresh Shah (DIN: 08828464), Whole-Time Director

Amount: ₹36,00,000/- per annum
Period: 3 years from April 1, 2026 to March 31, 2029
Legal Basis: Sections 197, 198 read with Schedule V of Companies Act, 2013 and Regulation 17(6)(e) of SEBI Listing Regulations
Type: Special Resolution

5. Ratification of remuneration of Mr. Dharmil H. Shah, a related party, for holding office or place of profit

Amount: ₹41,28,000/- for financial year 2025-2026
Legal Basis: Section 188(1)(f) of Companies Act, 2013 and Regulation 23 of SEBI Listing Regulations
Type: Ordinary Resolution

Remote e-voting facility provided through Central Depository Services (India) Limited (CDSL) platform
Remote e-voting period: September 27, 2026 (9:00 a.m. IST) to September 29, 2026 (5:00 p.m. IST)
Electronic voting system also available during meeting for members who participated via VC/OAVM and hadn't voted remotely

Consolidated voting results will be forwarded to stock exchanges upon receipt of Scrutinizer's Report
Voting results will be intimated to stock exchanges in XBRL mode
Scrutinizer's Report and voting results will be uploaded on company website (www.tokyoplastint.in) within prescribed timelines

Meeting conducted in compliance with circulars from Ministry of Corporate Affairs
Compliance with applicable provisions of Companies Act, 2013
Compliance with Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

This document does not constitute the minutes of the proceedings of the Meeting
Company addresses:
Admin Office: 401-A, Gala Quest, Paranjape B Scheme Road No. 1, Vile Parle East, Mumbai - 400057
Factory Address: Shed No. 371 & 372, FA-II Type, Sector-IV, Kandla Special Economic Zone, Gandhidham (Kutch) - 370230
Contact: Tel: +91-22-6145 3300, Website: www.pinnaclethermo.com, Email: info@tokyoplast.com