Please find enclosed herewith a copy of 45th AGM notice of the Company scheduled to be held on 28/09/2026 at 11.30 AM IST

Date: 01/09/2026 BSE Limited, Corporate Relationship Department 25th Floor, Phirozee Jeejeebhoy Towers, Dalal Street, Mumbai-400001 Scrip Code: 538964 Subject: Submission of Notice of 45th Annual General Meeting (AGM) of Mercury Laboratories Limited Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith the 45th Annual General Meeting (AGM) Notice of the Company. We refer to our letter dated May 29, 2026, whereby intimation was given that the 45th Annual General Meeting (‘AGM’) of the Company would be held on Monday, September 28, 2026 at 11:30 am (IST) through Video Conferencing (‘VC’) / Other Audio-Visual Means (‘OAVM’) in compliance with the applicable circulars issued by Ministry of Corporate Affairs (‘MCA’) and Securities and Exchange Board of India (‘SEBI’). In compliance with the applicable laws and circulars issued by MCA and SEBI, please note that the electronic copy of the Notice of the 45th AGM and the Annual Report for the Financial Year 2025-26 is being sent by email to those Members whose email addresses are registered with the Company/Depositories. Further pursuant to Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a letter including the exact path, where complete details of the Annual Report & Notice of AGM are available is being sent to those Members whose email addresses are not registered with the Company/Depositories. The Notice of the 45th AGM and the Annual Report are also being uploaded on the website of the Company at www.mercurylabs.com The schedule of AGM is set out below: Event Date Relevant Date/cut-off date to vote on AGM September 21, 2026 resolution Closure of register of members and share transfer From September 22, 2026 to September 28, 2026 (both day books for the purpose of Final Dividend and 45th inclusive) AGM of the Company Commencement of E-voting From 9:00 a.m. (IST) on Thursday, September 24, 2026 End of E-voting At 5:00 p.m. (IST) on Sunday, September 27, 2026 Kindly take the above information on your record. Thanking you, Yours faithfully, For Mercury Laboratories Limited Krishna Shah Company Secretary & Compliance Officer Encl.: As above NOTICE is hereby given that the Forty-Fifth (45th) Annual General Meeting (AGM) of the Members of Mercury Laboratories Limited (“the Company”) will be held on Monday, September 28, 2026 at 11:30 a.m. (IST) through Video Conferencing/Other Audio-Visual Means ('VC/OAVM”) facility, to transact the following businesses. The venue of the meeting shall be deemed to be the Registered Office of the Company. Ordinary business: 1. Consideration and Adoption of the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026 and the Reports of the Board of Directors and Auditors thereon To consider, and if thought fit, to pass the following resolution as an Ordinary Resolution: “RESOLVED THAT the Audited Financial Statements of the Company for the financial year ended on March 31, 2026 along with Report of the Board of Directors and Auditors thereon, as circulated to the members, be and are hereby considered and adopted.” 2. Declaration of Dividend of ₹ 3.50/- per equity share of ₹ 10/- each for the Financial Year ended March 31, 2026 To consider, and if thought fit, to pass the following resolution as an Ordinary Resolution: “RESOLVED THAT in terms of the recommendation of the Board of Directors of the Company, the approval of the Members of the Company be and is hereby accorded for payment of dividend at the rate of ₹ 3.5 per equity share of ₹ 10 each for the financial year ended on March 31, 2026 be paid to the eligible Members.” 3. To re-appoint a Director in place of Mr. Dilip R Shah (DIN: 00257242), Non-Executive Non-Independent Director who retires by rotation and being eligible, offers himself for re-appointment To consider, and if thought fit, to pass the following resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to Section 152 and other applicable provisions of the Companies Act, 2013 and Rules made thereunder [including any statutory modification(s) or amendment(s) thereto or re-enactment(s) thereof, for the time being in force], Mr. Dilip R Shah (DIN: 00257242) Non-Executive Non-Independent Director who retires by rotation at this Annual General Meeting of the Company and, being eligible has offered himself for re-appointment, be and is hereby re-appointed as a Director of the Company.” Special Businesses: 4. Approval for Payment of Remuneration to Ms. Janki R Shah, (DIN: 08686344) Non- Executive Director exceeding fifty percent (50%) of total remuneration payable to all Non-Executive Directors To consider and if thought fit, to pass the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Regulation 17(6)(ca) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) [including any statutory modification(s) or amendment(s) thereto or re-enactment(s) thereof, for the time being in force], approval of the members be and is hereby accorded for payment of remuneration to Ms. Janki R Shah, (DIN: 08686344) as the Non-Executive Director of the Company, for the Financial Year 2026-27, as approved by the Members at the Forty Second Annual General Meeting held on September 27, 2023, being an amount exceeding fifty percent of the total annual remuneration payable to all the Non-Executive Directors of the Company for the Financial Year 2026-27. RESOLVED FURTHER THAT the Board of Directors of the Company (including any Committee thereof or any person(s) authorised by the Board) be and is hereby authorised to do all such acts, deeds, matters and things and to take all such steps as may be required in this connection including seeking all necessary approvals to give effect to this Resolution and to settle any questions, difficulties or doubts that may arise in this regard.” 5. Approval for payment of remuneration to Ms. Janki R Shah (DIN:08686344), Non- Executive Director of the Company To consider and if thought fit, to pass the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Section 197, 198, 188(1)(f), Schedule V to the Companies Act, 2013 and other applicable provisions of the Companies Act, 2013 (“the Act”) read with Rule 15 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 (“the Rules”), the provisions of the amended Regulation 17 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulation 2015 (“SEBI Listing Regulations”) [including any statutory Modifications(s) or re-enactment(s) thereof for the time being in force], subject to such other laws, rules and regulations as may be applicable in this regard, subject to applicable clauses of the Articles of Association of the Company, and pursuant to recommendation by the Nomination and Remuneration Committee and the Audit Committee and subject to such other approvals, permissions, consents from appropriate authority(ies) as may be required, the approval of the members of the Company be and is hereby accorded for the continuation of payment of Remuneration not exceeding ₹ 62 Lakhs per annum to Ms. Janki R Shah (DIN: 08686344), Non-Executive Director of the Company, for a period of three years commencing from 1st April, 2027, 45TH Annual Report 2025 - 26 I 7 for holding an Office or Place of Profit with the Company for rendering professional and advisory services relating to the development, expansion and promotion of the Company's export business, including but not limited to identification of overseas markets, development of export opportunities, customer acquisition, business development, strategic guidance, liaison with overseas customers and distributors, participation in international business negot [Showing first 8,000 characters — download PDF for full document]