Please find enclosed herewith Annual Report of the Company for the financial year 2025-26 along with the Notice of 38th Annual General Meeting of the Company.

GSTIN : O8AAACV6864A1ZD Wiha Sollvex Limited Corporate Identification Number: L15142RJ1987PLC004232 Regd. Office : Bhagwati Sadan, S.D. Marg, ALWAR- 301001 Factory : Old Industrial Area, Itarana Road, ALWAR -301001 Date: September 1, 2026 BSE Limited Corporate Relationship Department, 1st Floor, New Trading Ring, Rotunda Building, P.J. Towers, Dalal Street, Mumbai-400 001. Sub: mission of Annual Report of the Company along with the N Annual General Meeting CAGM*‘) for the financial year ended March 31, 2026. Dear Sir/Madam, Pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please find enclosed herewith Annual Report for the financial year 2025-26 along with the Notice of 38 Annual General Meeting of the Company. The Annual Report and the Notice of 38 Annual General Meeting of the Company is also available on the Company's website at: http://www.vijaysolvex.com/investor_relationship/annual_reports You are requested to please take the same on your records. Thanking you, Yours Faithfully For Vijay Solvex Limited Jay Prakash Lodha Company Secretary & Compliance Officer FCS 4714 Encl. as above Ph.: (Off.) 0144-2332922, 2332358 « Mob.: 9929103729 e Fax : 0144-2332320, (Works) 2332850, 2332921, 2345405 Visit us at : www.vijaysolvex.com « E-mail : info@dataoils.com Annual Report 2025-26 ANNUAL REPORT 2025 - 2026 Contents of Annual Report Page No. Company Information 1-2 Notice of Annual General Meeting 3-27 Directors’ Report 28-61 Report on Corporate Governance 62-83 Standalone Financial Statements 84-148 Consolidated Financial Statements 149-208 Proxy Form, Attendance Slip and Route Map 209-212 Define Growth by Practice COMPANY INFORMATION BOARD OF DIRECTORS Shri Vijay Data Managing Director Shri Daya Kishan Data Whole Time Director Shri Saurabh Data Non-Executive Non-Independent Director Shri Ram Prakash Mahawar Non-Executive Non-Independent Director Smt. Pallavi Sharma Non-Executive Independent Woman Director Shri Vineet Jain Non-Executive Independent Director Shri Sachin Gupta Non-Executive Independent Director Shri Manish Jain Non-Executive Independent Director COMPANY SECRETARY Shri Jay Prakash Lodha CHIEF FINANCIAL OFFICER Shri Shanker Kukreja STATUTORY AUDITORS M/s Aggarwal Datta & Co. Chartered Accountants SECRETARIAL AUDITOR M/s Arun Jain & Associates Company Secretaries COST AUDITORS M/s Rajesh & Co. Cost Accountants BOARD COMMITTEES Audit Committee Shri Sachin Gupta Chairman Shri Manish Jain Member Shri Ram Prakash Mahawar Member Nomination and Remuneration Committee Shri Sachin Gupta Chairman Shri Manish Jain Member Shri Ram Prakash Mahawar Member Stakeholders Relationship Committee Shri Sachin Gupta Chairman Shri Manish Jain Member Shri Ram Prakash Mahawar Member Corporate Social Responsibility Committee Shri Sachin Gupta Chairman Shri Manish Jain Member Shri Ram Prakash Mahawar Member 1 Define Growth by Practice Risk Management Committee Shri Sachin Gupta Chairman Shri Manish Jain Member Shri Ram Prakash Mahawar Member BANKERS  State Bank of India SME Arya Nagar Branch, Alwar – 301001 (Rajasthan)  State Bank of India Tilak Marg Branch, Jaipur – 302005 (Rajasthan)  HDFC Bank Limited Bhagat Singh Circle Branch, Alwar – 301001 (Rajasthan) PLANT LOCATIONS Alwar Jaipur Jaisalmer Oil Division Jaipur Glass & Potteries Wind Power Division Old Industrial Area Ceramic Division Village – Hansua Itarana Road Tonk Road Distt. – Jaisalmer (Rajasthan) Alwar – 301001 (Rajasthan) Jaipur – 302018 (Rajasthan) Goenka Products Village – Panchkodia Distt. – Jaipur (Rajasthan) REGISTERED OFFICE REGISTRAR & TRANSFER AGENT Bhagwati Sadan, M/s Skyline Financial Services Pvt. Ltd. Swami Dayanand Marg, D-153/A, 1st Floor, Alwar – 301001 (Rajasthan) Okhla Industrial Area, Phase – 1, New Delhi – 110020. CORPORATE IDENTIFICATION NUMBER (CIN) – L15142RJ1987PLC004232 2 Define Growth by Practice NOTICE Notice is hereby given that the Thirty Eight (38th) Annual General Meeting (AGM) of the members of Vijay Solvex Limited will be held on Monday the 28th day of September, 2026 at 10:30 A.M. (IST) at the Registered Office of the Company situated at Bhagwati Sadan, Swami Dayanand Marg, Alwar-301001 (Rajasthan) to transact the following business:- Ordinary Businesses 1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, and the reports of the Board of Directors and Auditors thereon and the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 and the report of Auditors thereon. 2. To appoint a director in place of Mr. Daya Kishan Data (DIN: 01504570), who retires by rotation and being eligible, offers himself for re-appointment. Special Businesses 3. To consider and approve re-appointment of Mrs. Pallavi Sharma (DIN: 09240522) as Non-Executive Independent Woman Director of the Company and if thought fit, to pass with or without modification(s), the following resolution as a Special Resolution:- “RESOLVED THAT pursuant to the provisions of sections 149, 150 and 152 read with schedule IV and such other applicable provisions, if any, of the Companies Act, 2013 and the Companies (Appointment and Qualification of Directors) Rules, 2014 (including any statutory modification(s) or re-enactment thereof, for the time being in force) and pursuant to the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, and based on the recommendation of the Nomination and Remuneration Committee and the Board of Directors of the Company, Mrs. Pallavi Sharma (DIN: 09240522), who was appointed as Non-Executive Independent Woman Director of the Company for a term of five (5) consecutive years commencing from July 23, 2021 to July 22, 2026 (both days inclusive) and who being eligible for re-appointment as an Independent Director has given her consent along with a declaration that she meets the criteria for independence under Section 149(6) of the Act and the Rules framed thereunder and Regulation 16(1)(b) of the SEBI Listing Regulations and in respect of whom the Company has received a notice in writing under Section 160(1) of the Act proposing her candidature for the office of a director, be and is hereby re-appointed as Non- Executive Independent Woman Director of the Company, not liable to retire by rotation, to hold office for a second term commencing from July 23, 2026 to July 22, 2031 (both days inclusive). RESOLVED FURTHER THAT the Board of Directors of the Company (including its Committee thereof) and the Company Secretary of the Company be and are hereby severally authorized to settle any question, difficulty or doubt, that may arise in giving effect to this resolution and to do all such acts, deeds and things as may be necessary, expedient and desirable for the purpose of giving effect to this resolution.” 4. To consider and approve the material related party transactions with Deepak Vegpro Private Limited and if thought fit, to pass with or without modification(s), the following resolution as an Ordinary Resolution:- “RESOLVED THAT pursuant to the provisions of Section 188 and other applicable provisions, if any, of the Companies Act, 2013 read with the Companies (Meeting of Board and its Powers) Rules, 2014 and in terms of the provisions of Regulation 23 of the SEBI (Listing Obligations and Disclosure 3 Define Growth by Practice Requirements) Regulations, 2015 (including relevant circulars, amendments, modifications, variations or re-enactments thereof for the time being in force) read with Related Party Transactions Policy of the Company and as per the recommendation/omnibus approval of the Audit Committee and Board of Directors of the Company and subject to such other approvals, consents, permissions and sanctions of other authorities as may be necessary, the approval of the members be and is hereby acco [Showing first 8,000 characters — download PDF for full document]