Meeting Details

  • Date: Monday, September 28, 2026
  • Time: Commenced at 12:00 Noon and concluded at 12:35 P.M. (IST)
  • Location: Conducted through Video Conferencing (VC) via Microsoft Teams Platform
  • Type: 5th Annual General Meeting

Resolutions Considered

The following seven resolutions were put to vote during the meeting:

| Sr. No. | Business Description | Type of Resolution |

| 1 | To consider and adopt: a) The Audited Standalone Financial Statement for FY ended March 31, 2026 and reports of Board of Directors and Auditors; b) The Audited Consolidated Financial Statement for FY ended March 31, 2026 and report of Auditors | Ordinary Resolution |

| 2 | To appoint a director in place of Mr. Jay Bhatt (DIN: 09363173), who retires by rotation and offers himself for re-appointment | Ordinary Resolution |

| 3 | To ratify remuneration payable to M/s. R J & Associates, Cost Accountants (Firm Registration Number: 004690) as Cost Auditor for FY 2026-27 | Ordinary Resolution |

| 4 | To ratify appointment of M/s. SCS and CO. LLP, Practicing Company Secretaries, as Secretarial Auditor for five consecutive years from FY 2025-26 to FY 2029-30 | Ordinary Resolution |

| 6 | To consider & approve Re-Appointment of Mr. Vipul Bhatt (DIN: 06716658) as Chairman and Managing Director and payment of Remuneration for FY 2026-27 | Special Resolution |

| 7 | To consider & approve Re-Appointment of Mr. Jay Bhatt (DIN: 09363173) as Whole-Time Director and payment of Remuneration | Special Resolution |

Voting Process

  • Remote electronic voting facility was enabled by National Securities Depository Limited (NSDL)
  • Members present at the meeting who had not already voted through e-voting platform could cast votes during the AGM
  • Voting facility remained available till 15 minutes after closure of the meeting
  • M/s. SCS & Co. LLP, Company Secretaries (COP: 23630) was appointed as Scrutinizer to scrutinize votes cast during AGM and through remote e-voting
  • Consolidated voting results were to be declared within two working days of conclusion of the Meeting and made available on company website

Meeting Proceedings and Attendees

Chairperson: Mr. Vipul Bhatt, Chairman and Managing Director

Directors and Key Managerial Personnel Present:

  • Mr. Vipul Bhatt - Chairman & Managing Director
  • Mr. Jay Bhatt - Whole Time Director
  • Mrs. Sangeeta Vipul Bhatt - Non-Executive Director
  • Mr. Ajay Kumar Agrawal - Non-Executive Independent Director
  • Mr. Vivek Dinesh Nathwani - Non-Executive Independent Director
  • Mr. Jitendra Raval - Chief Financial Officer
  • Ms. Atula Patel - Company Secretary and Compliance Officer

Other Attendees:

  • Authorised representative of Statutory Auditors
  • Authorised representative of Cost Auditors
  • Authorised representative of Internal Auditor
  • Authorised representative of Secretarial Auditors & Scrutinizer

Key Presentations and Addresses

  • Mr. Vipul Bhatt addressed shareholders and provided overview of the Company and Chemical Industry, highlighting strengths of Vital Group
  • He elaborated on strategic focus areas including organic growth, operational efficiency, capacity enhancement, and strategic expansion
  • Shareholders were apprised of initiatives relating to portfolio expansion, value chain integration, and strengthening global footprint
  • Mr. Jitendra Raval, CFO, briefed members on financial performance for FY 2025-26, noting company adopted Indian Accounting Standards (Ind AS) with April 1, 2025 as transition date following migration to NSE Main Board

Other Procedural Matters

  • Statutory registers, contracts, and relevant documents referred to in Notice were available electronically for inspection
  • Secretarial Audit Report for FY ending March 31, 2026 contained observations and was read at AGM with management response
  • Statutory Audit Report for FY ending March 31, 2026 was free of qualifications and not required to be read
  • Question-and-answer session was conducted but no registered speaker shareholders were present
  • Shareholders were directed to send queries to compliance@vitalgroup.co.in

Compliance Confirmation

The meeting was conducted in accordance with relevant Circulars issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI).