Shareholders meeting

GANGA FORGING LIMITED [CIN: L28910GJ1988PLC011694] Registered Office: Survey No. 55/1 P6/P1/P1, Near Shree Stamping, Village: Sadak-Pipaliya, Tal: Gondal, Dis: Rajkot 360311, Gujarat, India Email: info@gangaforging.com marketing@gangaforging.com URL: www.gangaforging.com Phone: +91 84600 00335 02nd September, 2026 National Stock Exchange of India Limited, Exchange Plaza, C-1, Block-G, Bandra Kurla Complex, Bandra (East), Mumbai – 400051 Symbol: GANGAFORGE Subject: Annual Report for the Financial Year 2025-26 including Notice of the 38th Annual General Meeting (“AGM”): Dear Sir / Madam, In compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (‘Listing Regulations’) as amended from time to time, please find enclosed herewith the Annual Report for the Financial Year 2025-26 and Notice of 38th Annual General Meeting, which is being sent to the Shareholders through electronic mode whose e-mail addresses are registered with the Company/Depository Participant(s) (‘DPs’). Further, in accordance with Regulation 36(1)(b) of the Listing Regulations, the Company will be sending a letter to Shareholders whose e-mail addresses are not registered with Company/DPs providing the weblink from where the Annual Report can be accessed on the Company’s website. The 38th Annual General Meeting will be held on Saturday, 26th September, 2026 at 11:30 am at the registered office of the company in compliance with provisions of Section 96 of the Companies Act, 2013. The following reports will be made available on website of the company: Name of the Report Weblink Notice of the 38th https://www.gangaforging.com/InvestorsRelation/DownloadPDF/126 Annual General ?FileName=Announcement Meeting Annual Report for the https://www.gangaforging.com/InvestorsRelation/DownloadPDF/26? F.Y. 2025-26 FileName=AnnualReports Pursuant to provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 as amended and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company is providing the facility of remote e-voting and voting through poll during the AGM to the shareholders for all the agendas as set out in the Notice convening the AGM. GANGA FORGING LIMITED [CIN: L28910GJ1988PLC011694] Registered Office: Survey No. 55/1 P6/P1/P1, Near Shree Stamping, Village: Sadak-Pipaliya, Tal: Gondal, Dis: Rajkot 360311, Gujarat, India Email: info@gangaforging.com marketing@gangaforging.com URL: www.gangaforging.com Phone: +91 84600 00335 The remote e-voting period: Particulars Details Cut-off date for voting entitlement Saturday, 19th September, 2026 E-voting start Date and Time Wednesday, 23rd September, 2026 (09:00 AM) E-voting end Date and Time Friday, 25th September, 2026 (05:00 PM) The Company has engaged services of MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) Instavote Platform to provide e-voting facility to the shareholders. The e-voting instructions for remote e-voting have been set out in the Notice of the AGM. This is for the information of the General public as well as Stock Exchanges. Thanking you. Yours faithfully, For, Ganga Forging Limited Drashti Hardik Bhuva Company Secretary & Compliance Officer [M. No. A58976] INTEGRATED ANNUAL REPORT F.Y. 2025-26 “SHAPING STEEL, SHAPING TOMORROW” CONTENTS OF ANNUAL REPORT SR. NO. PARTICULARS PAGE NO. 1 About Us 1-4 2 Corporate Information 5-6 3 Chairman’s Message 7 4 Notice of Annual General Meeting 8-23 5 Board Report 24-35 Annexure-I Form AOC-2 36-37 Annexure-II Secretarial Audit Report 38-42 Annexure-III Corporate Governance Report and 43-59 Certificate of Practicing Company Secretaries on Corporate Governance Report Annexure-IV Management Discussion and Analysis 60-64 Report Annexure-V Particulars pursuant to Section 197(12) 65 Annexure-VI Certificate of Practicing Company 66-67 Secretaries for Non-Disqualification of Directors Annexure-VII Compliance Certificate of CFO 68 6 Declaration Affirming Code of Conduct as per Listing 69 Regulations 7 Auditors Report and Financial Statements 70-107 8 Proxy Form 108-109 9 Attendance Slip 110 10 Route Map to Venue of AGM 111 www.gangaforging.com Log on to download the report. For over 36 years, Ganga Forging Limited has stood as a trusted name in the forging industry. we are forging the future of manufacturing through digital transformation, automation, and engineering. We provide high-velocity manufacturing of precision-forged components designed to optimize component weight, reduce machining cycles, and drive down total cost of ownership for our clients. We work across an exhaustive range of materials, including carbon steel, alloy steel, stainless steel, and superalloys, to suit strict client configurations. The company is a full-fledged forging unit catering to the needs of not only Original Equipment Manufacturer (OEM) customer’s but also to the parts manufacturing units by offering them word class products at very cost-effective prices. Driven by a zero-defect quality philosophy, we maintain world-class quality frameworks. Our company is fully compliant with an ISO 9001:2015 standards. At Ganga, we don't just shape metal but we forge long-term partnerships built on engineering excellence, expertise, and absolute reliability. We believe that sustainable, long-term growth requires an unwavering commitment to Environmental, Social, and Governance (ESG) principles. Ganga Forging Limited is heavily committed to reducing its carbon footprint through eco-friendly practices such as utilizing the energy efficient machineries to lower fuel consumption, Continuous investments in automated infrastructure to optimize workspace safety and operational efficiency etc. At ganga we are always gratefule for your continued support and confidence towards the organisation. This support and confidence will also help the company to achieve its milestones and to reach at the next level of the growth and to become a global leader in the manufacturing of forging products in India. 1 | Page OUR MISSION “To get global recognition as a socially responsible corporate entity by ensuring good service and high business ethics. To provide our customers with a highly sophisticated product, with zero defects and on time delivery. To evolve ourselves into quality conscious, customer oriented and fast expanding organization. Our qualified team and dedicated associates at Ganga Forging Limited plays a decisive role in achieving this vision.” OUR VISION “To become a leader in the forging industry by ensuring customer Satisfaction” CORE BUSINESS VALUES:  Modern capability and human resources to deliver the best forging and machine components.  Assuring you of our best service and cooperation at all times.  Strong capability in design and engineering, including equipment and a full-fledge product testing facility  Committing to highest quality products & other initiative that impact lives within and outside organization  Foster creativity that challenges constraints and drive progress  Build positive relationship through outstanding service with each interaction  Quality is an expression of our goal to offer reliable products and services  We listen to and respect our customers and each other so that we can act with insight, understanding and compassion  Consistently demonstrate an unselfish commitment to working with others to create a collaborative culture  We never compromise the safety of our employees and the public at large  We are accountable for our responsibilities, our decisions, our actions and the result  We strive to deliver the highest quality and value possible through simple, easy and relevant solutions  Create a positive and dynamic work environment that enable personal achievements, work life balance and business success  We inspire each other to explore ideas that can make the community & world a better place Looking [Showing first 8,000 characters — download PDF for full document]