Notice & Annual Report for the Financial Year ended 2025-26

AKSH AKSH OPTIFIBRE LIMITED A-32, 2nd Floor, Mohan Co-operative Industrial Estate, Mathura ATE: 29.06.2020 Road, New Delhi-110044, INDIA Tel.: +91-11-49991700, 49991777 Fax: +91-11-49991800 Email : aksh@akshoptifibre.com Website : www.akshoptifibre.com CIN NO.: L24305RJ1986PLC016132 September 01, 2026 Sr. General Manager Sr. General Manager National Stock Exchange of India Ltd BSE Ltd Exchange Plaza, 5th Floor, Plot No. C/1, Phirozee Jeejeebhoy Towers, G Block, Bandra Kurla Complex, Dalal Street, Mumbai- 400 001 Bandra (E), Mumbai- 400 051. NSE SYMBOL: AKSHOPTFBR BSE SCRIP CODE: 532351 Dear Sir/Ma’am, Sub: Annual Report including the Notice of 39th Annual General Meeting of Aksh Optifibre Limited (“the Company”) for the Financial Year 2025-26 This is to inform you that the 39th Annual General Meeting (“AGM”) of the Company will be held on Monday, September 28, 2026 at 02:00 P.M. IST through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”) in accordance with the applicable circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. Pursuant to Regulation 34(1) of the SEBI (LODR) Regulations, 2015, please find enclosed herewith the Annual Report inter-alia including the Financial Statements and Reports of Board of Directors of the Company for Financial Year 2025-26. The same had been sent via email to the members of the Company whose email addresses are registered with the Registrar and Transfer Agent of the Company/Depository Participants. As per Regulation 36(1)(b) of the SEBI Listing Regulations, the letter mentioning web-link including the exact path, where complete details of the Annual Report are available, is being sent to those member(s) who have not registered their email address(es) either with the Company or with any Depository or Registrar and Share Transfer Agent (RTA) of the Company. We would like to further inform that the Company has fixed Monday, September 21, 2026 as the cut-off date for ascertaining the names of the members holding shares either in physical form or in dematerialized form, who will be entitled to cast their votes electronically in respect of the businesses to be transacted as per the Notice of the AGM and to attend the AGM. We smarten up your life..® Regd. Office: F-1080, RIICO Industrial Area Phase-lll, Bhiwadi – 301019 (Rajasthan) INDIA Phones: +91-1493-220763, 221333 | Fax: +91-1493-221329 AKSH The said Annual Report is also available on the website of the Company at https://akshoptifibre.com/annual-reports.php. You are requested to take the same on your records. Thanking You, For Aksh Optifibre Limited Mayank Chadha Company Secretary & Compliance Officer ICSI M. No.: F13404 (Aksh Optifibre Limited is undergoing Corporate Insolvency Resolution Process ("CIRP") under the provisions of the Insolvency and Bankruptcy Code, 2016, pursuant to the order dated June 19, 2026 passed by the Hon'ble National Company Law Tribunal, Jaipur Bench, whereby Mr. Praveen Kumar Singhal was appointed as the Interim Resolution Professional ("IRP"). Subsequently, Dr. Kailash Shantilal Choudhari, Promoter of the Company, preferred an appeal (Company Appeal (AT) (Insolvency) No. 1095 of 2026) before the Hon'ble National Company Law Appellate Tribunal, New Delhi ("NCLAT"). Vide its order dated June 30, 2026, the Hon'ble NCLAT held that the IRP shall not take any further steps and the Company shall be run under the supervision of the IRP with the assistance of the Appellant, other officers and employees of the Company.) We smarten up your life..® Regd. Office: F-1080, RIICO Industrial Area Phase-lll, Bhiwadi – 301019 (Rajasthan) INDIA Phones: +91-1493-220763, 221333 | Fax: +91-1493-221329 Contents 01 CORPORATE OVERVIEW 02 NOTICE Notice of Annual General Meeting 13 STATUTORY REPORT Director’s Report Corporate Governance Report Certificate on Corporate Governance CEO/CFO Certificate Management Discussion & Analysis Report 53 FINANCIAL STATEMENTS Standalone Financials Consolidated Financials CORPORATE OVERVIEW CORPORATE OVERVIEW BOARD OF DIRECTORS* COMMITTEES Dr. Kailash Shantilal Choudhari Audit Committee (Chairman & Non- Executive Director) Mr. Sanjay Katyal Mr. Sunil Puri Mr. Satyendra Kumar Gupta Mr. Harvinder Singh (Vice Chairman & Non- Executive Director) Mr. Satyendra Kumar Gupta Ms. Anuja Bansal Nomination & Remuneration Committee (Independent Director) Mr. Harvinder Singh Mr. Harvinder Singh Ms. Anuja Bansal (Independent Director) Mr. Satyendra Kumar Gupta Mr. Sanjay Katyal Stakeholders Relationship Committee (Independent Director) Mr. Sunil Puri Mr. Sanjay Katyal Mr. Sunil Puri Mr. Harvinder Singh (Independent Director) Corporate Social Responsibility Committee KEY MANAGERIAL PERSONNELS Ms. Anuja Bansal Mr. Gaurav Mehta Mr. Harvinder Singh Chief Executive Officer-Corporate Affairs & Mr. Satyendra Kumar Gupta Group Company Secretary AUDITORS Mr. Lokesh Khandelwal M/s P.C. Bindal & Co. Group Chief Operating Officer Statutory Auditors Mr. Varun Dube M/s Ajay Kumar Singh & Co. Chief Financial Officer Cost Auditors Mr. Mayank Chadha M/s S.R. Goyal & Co. Company Secretary & Compliance Officer Internal Auditors-Service Division Registrar & Share Transfer Agent Felix Advisory Pvt. Ltd Kfin Technologies Limited Internal Auditors- Manufacturing Unit(s) & Corporate Selenium, Tower-B, Plot No. 31-32 Office Gachibowli, Financial District M/s. Neelam Gupta & Associates Nanakramguda, Hyderabad-500032 Secretarial Auditors Registered Office Corporate Office F-1080, Phase III, Riico Industrial Area A-32, 2nd Floor, Mohan Co-Operative Bhiwadi, Rajasthan India-301019 Industrial Estate, Mathura Road Ph.: 01493-221333 New Delhi- 110044 CIN: L24305RJ1986PLC016132 Ph.: 011-49991700 Bankers Website Union Bank of India www.akshoptifibre.com HDFC Bank Limited State Bank of India IMPORTANT COMMUNICATION TO SHAREHOLDERS The Ministry of Corporate Affairs has taken a “Green Initiative in the Corporate Governance” by allowing paperless compliances by the Companies and has issued circulars stating that service of notice / documents including Annual Report can be sent by e-mail to its shareholders/members. To support this green initiative of the Government in full, the shareholders who have not registered their e-mail addresses, so far, are requested to register their e-mail addresses and in case of shareholders holding shares in demat, with depository through concerned Depository Participants. *One of the Financial Creditors filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 (“IBC”) before the Hon’ble NCLT, Jaipur Bench, in respect of a claim of Rs. 2 Crore alongwith interest, which is disputed by the Company. Pursuant to divergent opinions of the Members, the matter was referred to another Judicial Member of the Allahabad NCLT Bench. Vide order dated June 09, 2026, the Hon’ble Allahabad Bench decided the application in favour of the Financial Creditor. Accordingly, vide order dated June 19 2026, the Hon’ble NCLT, Jaipur Bench, by majority decision, admitted the Company into the Corporate Insolvency Resolution Process (“CIRP”) and appointed Mr. Praveen Kumar Singhal as the Interim Resolution Professional (“IRP”). Subsequently, the Promoter filed an appeal before the Hon’ble NCLAT, which, vide order dated June 30, 2026, directed that the IRP shall not take any further steps in the CIRP and that the Company shall continue to be run under the supervision of the IRP with the assistance of the Appellant, officers and employees. AKSH OPTIFIBRE LIMITED 1 AKSH OPTIFIBRE LIMITED Registered Office: F-1080, Phase III, RIICO Industrial Area, Bhiwadi, Rajasthan - 301019, India. Corporate Office: A-32, 2nd Floor, Mohan Co-operative Industrial Estate, Mathura Road, New Delhi - 110044 Tel: No. 011-49991700, Fax No. 011-49991800 E-mail: investor.relations@akshoptifibre.com | Website: www.akshoptifibre.com CIN: L24305RJ1986PLC016132 Notice is hereby given that the Thirty-Ninth (39th) Annual Gener [Showing first 8,000 characters — download PDF for full document]