Vadilal Industries Limited held its 42nd Annual General Meeting (AGM) on Thursday, 10th September 2026 at 2:30 PM IST through Video Conference/Other Audio-Visual Means facility. The meeting was conducted in compliance with MCA circulars and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mr. Nagarajan Sivaramakrishnan, Independent Director of the Company, chaired the meeting. Mrs. Rashmi Bhatt, Company Secretary, called the meeting to order after confirming quorum requirements were met. Mr. Manoj Hurkat, Practicing Company Secretary, was appointed as scrutinizer to oversee the e-voting process.

Agenda Items and Resolutions

The following ordinary business resolutions were considered:

1. Receipt, consideration, and adoption of the audited standalone and consolidated financial statements for the financial year ended March 31, 2026, together with Reports of the Board of Directors and Auditors

2. Declaration of dividend on Equity Shares for the financial year ended March 31, 2026

3. Re-appointment of Mr. Janmajay V. Gandhi (DIN: 02891386) who retired by rotation under Section 152(6) of the Companies Act, 2013

The following special business resolution was considered:

4. Renewal of the omnibus approval for the sale and purchase agreement with Vadilal Enterprises Limited, a material related party transaction

Meeting Proceedings

The Company Secretary provided regulatory instructions and briefed members about e-voting on the CDSL platform. The Notice of the Meeting, Board's Report, Statutory Auditors' Report, and Secretarial Auditors' Report were taken as read.

A Q&A session was conducted where registered speaker members asked questions, which were replied to satisfactorily.

Voting Details

Remote e-voting was available from Monday, 7th September 2026 (09:00 AM) to Wednesday, 9th September 2026 (05:00 PM). Members present during the AGM who had not cast votes remotely were able to vote during the meeting, with the e-voting facility remaining available until 15 minutes after the conclusion of the AGM.

The results of e-voting along with the scrutinizer's report will be communicated to BSE and NSE and placed on the company's website (www.vadilalgroup.com) and stock exchange websites (www.nseindia.com, www.bseindia.com) within two working days from the meeting conclusion.

Meeting Duration

The meeting commenced at 2:30 PM and concluded at 3:35 PM, lasting 65 minutes.