Shareholders meeting

HINDUSTAN COMPOSITES LTD. Peninsula Business Park, Tower “A”, 8th Floor, 801, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013. Tel.: (91) (022) 6688 0100 | E-mail : hcl@hindcompo.com | Website : www.hindcompo.com | CIN No.: L29120MH1964PLC012955 2nd September, 2026 The Manager Department of Corporate Services The Manager – Listing BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, ‘G’ Block, Dalal Street, Fort, Mumbai- 400 001 Bandra Kurla Complex, Scrip Code: 509635 Bandra (East), Mumbai – 400 051 SYMBOL: HINDCOMPOS Dear Sir/Madam, Sub: Annual Report for the financial year 2025-26 along with the Notice of 62nd Annual General Meeting of Hindustan Composites Limited, pursuant to the provisions of Regulation 30 read with Schedule III and Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to the provisions of Regulation 30 read with Schedule III and Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations”), we submit herewith copy of the Annual Report for the financial year 2025-26 along with the Notice of 62nd Annual General Meeting (AGM) of the Company. The 62nd Annual General Meeting of the Company will be held on Tuesday, 29th September, 2026 at 11.45 a.m. (IST) through Video Conferencing ("VC") / Other Audio Visual Means ("OAVM"), without physical presence of the members of the Company at a common venue in terms of the applicable provisions of the Companies Act, 2013 and rules framed thereunder and the Ministry of Corporate Affairs General Circular No. 20/2020 dated 5th May, 2020 read with the subsequent circulars issued from time to time, the latest one being General Circular No. 03/2025 dated 22nd September, 2025 read with all previous Circulars / Master Circular issued from time to time in this regard by the Securities and Exchange Board of India. The Annual Report for the financial year 2025-26 along with the Notice of 62nd AGM is being sent only through electronic mode to those members whose email addresses are registered with the Company/its Registrar and Share Transfer Agent (“RTA”) / Depositories Participants (“DPs”). The same is also available on the website of the Company viz. at www.hindcompo.com and of CDSL viz. at www.evotingindia.com. Further in compliance with Regulation 36(1)(b) of the Listing Regulations, the letters providing the web-link including the exact path from where the said Annual Report along with the Notice of 62nd AGM can be accessed on the website of the Company, will be sent to the members whose e-mail addresses are not registered with the Company/RTA/DPs. Kindly take the above on your record. Thanking You, Yours faithfully, For Hindustan Composites Limited Arvind Purohit Company Secretary & Compliance Officer Membership No.: A33624 Encl.: as above A N N U A L R E P O R T 2 0 2 5 - 2 0 2 6 BOARD OF DIRECTORS Mr. P. K. Choudhary Managing Director Mr. Deepak Sethi Independent Director (up to 22nd April, 2025) Mr. Lalit Kumar Bararia Independent Director Mrs. Preeti Agrawal Independent Director Mr. Rajan Dalal Independent Director Mr. Snehal Muzoomdar Independent Director Mr. Vinay Sarin Director (Non-Executive Non-Independent) Mr. Sunil Jindal Chief Financial Officer Mr. Arvind Purohit Company Secretary & Compliance Officer STATUTORY AUDITORS Contents Page No. M/s. Lodha & Company LLP, Notice 2 Chartered Accountants Directors’ Report 17 BANKER Management Discussion and Analysis 37 ICICI Bank Report on Corporate Governance 41 REGISTERED OFFICE Auditors’ Certificate on Corporate Governance 54 Peninsula Business Park, ‘A’ Tower, 8th Floor, Certificate from Practicing Company Secretary 55 Senapati Bapat Marg, Lower Parel, Mumbai 400013 Phone : (022) 6688 0100 Auditors’ Report on Standalone Financial Statements 56 Fax : (022) 6688 0105 Standalone Balance Sheet 66 E-mail : investor@hindcompo.com Standalone Statement of Profit & Loss 67 REGISTRAR & SHARE TRANSFER AGENTS Standalone Cash Flow Statement 68 MUFG Intime India Private Limited Notes on Standalone Financial Statements 70 (formerly known as Link Intime India Private Limited) C-101, Embassy 247, LBS Marg, Vikhroli (West), Auditors’ Report on Consolidated Financial Statements 114 Mumbai – 400083 Phone : (022) 4918 6000/ 270 Consolidated Balance Sheet 122 Fax : (022) 49186060 Email : investor.helpdesk@in.mpms.mufg.com Consolidated Statement of Profit & Loss 123 Consolidated Cash Flow Statement 124 PLANTS LOCATIONS Paithan : D-2/1, MIDC Industrial area, Notes on Consolidated Financial Statements 126 Paithan, Dist. Chhatrapati Sambhajinagar 62nd Annual General Meeting (earlier known as Aurangabad) - 431107 Day : Tuesday Bhandara : C-10/1, Bhandara Indl. Area, Gadegaon Dist. Bhandara - 441904 Date : 29th September, 2026; Time : 11:45 a.m. Mode: Video Conferencing ( VC) / Other Audio Visual Means (OAVM) A N N U A L R E P O R T 2 0 2 5 - 2 0 2 6 Hindustan Composites Limited CIN: L29120MH1964PLC012955 Peninsula Business Park, ‘A’ Tower, 8th Floor, Senapati Bapat Marg, Lower Parel, Mumbai – 400013, Maharashtra. Tel.: (022) 6688 0100, Fax: (022) 6688 0105, E-mail: hcl@hindcompo.com, Website: www.hindcompo.com NOTICE Notice is hereby given that the Sixty-Second Annual General 3. To appoint a director in place of Mr. P. K. Choudhary Meeting (62nd AGM) of the members of Hindustan Composites (DIN: 00535670), who retires by rotation and being Limited will be held on Tuesday, 29th September, 2026 at eligible, offers himself for re-appointment as a director of 11:45 a.m. (IST) through Video Conferencing (“VC”) / Other the Company and in this regard, if thought fit, pass the Audio Visual Means (“OAVM”) without physical presence of following resolution as an ORDINARY RESOLUTION: the members at a common venue, to transact the following “RESOLVED THAT pursuant to the provisions of businesses. The proceedings of the 62nd AGM shall be Section 152(6) of the Companies Act, 2013, Mr. P. K. deemed to be conducted at the Registered Office of the Choudhary (DIN: 00535670), who retired by rotation Company situated at Peninsula Business Park, ‘A’ Tower, and being eligible for re-appointment, be and is hereby 8th Floor, Senapati Bapat Marg, Lower Parel, Mumbai – re-appointed as a Director of the Company, who shall be 400013 Maharashtra, which shall be the deemed venue of the liable to retire by rotation.” 62nd AGM. SPECIAL BUSINESS: ORDINARY BUSINESS: 4. To approve payment of commission to the Independent 1. To receive, consider and adopt (a) the Standalone Directors of the Company and in this regard, if Audited Financial Statements of the Company for the thought fit, pass the following resolution as an financial year ended 31st March, 2026 together with the ORDINARY RESOLUTION: reports of the Board of Directors and Auditors thereon; and (b) the Consolidated Audited Financial Statements “RESOLVED THAT pursuant to the provisions of of the Company for the financial year ended 31st March, Sections 149, 197, 198 read with Schedule V and other 2026 together with the report of Auditors thereon and in applicable provisions of the Companies Act, 2013, the this regard, if thought fit, pass the following resolutions SEBI (Listing Obligations and Disclosure Requirements) as ORDINARY RESOLUTIONS: Regulations, 2015 and the Articles of Association of the Company, in addition to the sitting fees paid for attending (a) “RESOLVED THAT the Standalone Audited the meetings of the Board of Directors of the Company Financial Statements of the Company for the and Committees thereof, the consent of the members of financial year ended 31st March, 2026 and reports the Company be and is hereby accorded for payment of the Board of Directors and Auditors thereon be of ` 5,00,000/- (Rupees Five Lakh only) as commission and are hereby received, considered and adopted.” to each of Mr. Lalit Kumar Bararia, Mrs. Preeti Agrawal, (b) “RESOLVED THAT the Consolidat [Showing first 8,000 characters — download PDF for full document]