Please find enclosed herewith the Annual Report of the company.

SHANTAI INDUSTRIES LIMITED CIN: L46411GJ1988PLC013255 Reg Office: Shop 10 2nd Floor, Agrasen Point, Nr Agrasen Bhavan, Citylight Road, Bharthana, Surat, Gujarat, 395007 Website: www.shantaiindustrieslimited.com, Email-id: shantaiindustriesltd@gmail.com, Tel: 0261-2211212 Date: September 2, 2026 BSE LIMITED Phiroze Jeejeebhoy towers, Dalal Street, Mumbai- 400 001. Scrip ID/ Code / ISIN: SHANTAI/ 512297/ INE408F01024 Subject: Annual Report for the Financial year 2025-26 Reference No: Regulation 34(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/ Madam, Pursuant to Regulation 34(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith Annual Report of the company for the financial year 2025-26 and is also available on the website of the company at www.shantaiindustrieslimited.com. This is for your information and record. Yours Faithfully, For Shantai Industries Limited SHIPRA MEHTA Company Secretary & Compliance Officer Enclosure: - Annual Report for Financial year 2025-2026. SHANTAI INDUSTRIES LIMITED ANNUAL REPORT 2025-26 LIST OF CONTENTS Contents Page no. Notice of Annual General Meeting Director’s Report Management Discussion and Analysis Report 1 Secretarial Audit Report 32 Independent Auditors Report & Financials 46 CORPORATE INFORMATION BOARD OF DIRECTORS  Mr. Harishbhai Fatandas Sawlani -Chairman and Managing Director  Mr. Vasudev Fatandas Sawlani -Whole-time Director  Mrs. Reena Harish Sawlani -Non-Executive Director  Mr. Vipulbhai Subhashchandra Munshi -Non-Executive Independent Director  Mrs. Vandanaben Satishbhai Dalal -Non-Executive Independent Director  Mr. Jinesh Kanaiyalal Pandav -Additional Director  Mr. Dishant Kanubhai Pandav -Additional Director  Mr. Nikunj Vijaybhai Prajapati -Additional Director  Mr. Keyur Gordhanbhai Kaklotar -Additional Independent Director COMPANY SECRETARY & COMPLIANCE AUDIT COMMITEE OFFICER CS Shipra Mehta Vipulbhai Subhashchandra Munshi – Chairman Vandanaben Satishbhai Dalal- Member CHIEF FINANCIAL OFFICER Harishbhai Fatandas Sawlani- Member Shailesh Joseph Damor NOMINATION & REMUNERATION COMMITTEE STATUTORY AUDITOR DSI & Co. Vipulbhai Subhashchandra Munshi - Chairman Chartered Accountants Vandanaben Satishbhai Dalal - Member MF/14-26, Nariman Point Shopping Centre, Reena Harish Sawlani – Member Surat 395007 STAKEHOLDER’S SHAREHOLDERS & Ph no. 0261-22230320 INVESTOR GREIVANCES COMMITTEE REGISTER & TRANSFER AGENT Reena Harish Salwani- Chairman MCS Share Transfer Agent Limited Vipulbhai Subhashchandra Munshi – Member Registrar to Issue & Share Transfer Agents Vandanaben Satishbhai Dalal – Member 101, Shatdal Complex, 2nd Floor, ISIN : INE408F01024 opp.Bata Show Room, Ashram Road, Scrip Code: 512297 Ahmedabad - 380009. Email Id: mcsltdbaroda@gmail.com 41st ANNUAL GENERAL MEETING Website: www.mcsregistrars.com Date: Tuesday, September 29, 2026 Ph. No.: +91- 0265-2314757 - 2350490 Time: 04:00 P.M. Tele Fax: +91-0265-2341639 Venue: Video Conferencing /Other Audio-Visual Means REGISTERED OFFICE Shop 10 2nd Floor, Agrasen Point, Nr Agrasen Bhavan, Citylight Road, Bharthana, Surat -395007 Ph. No.: +91-9913425000 Email: shantaiindustriesltd@gmail.com Website: www.shantaiindustrieslimited.com CIN: L46411GJ1988PLC013255 CHAIRMAN’S MESSAGE: Dear Shareholders and Stakeholders, It gives me immense pleasure to present the Annual Report of the Company for the Financial Year 2025-26. On behalf of the Board of Directors, I sincerely thank all our shareholders, customers, employees, business associates, bankers, regulators, and other stakeholders for their continued trust, confidence, and unwavering support. The Company has traditionally been engaged in the textile manufacturing business and has, over the years, witnessed various opportunities and challenges in the course of its operations. As the Company now enters a new phase following a change in ownership and management, I believe this is an appropriate moment to reflect on the journey so far and look ahead to the opportunities that lie before the Company. The change in ownership marks a strategic transformation in the Company’s business direction, with the new management proposing to diversify the Company into the Food and Beverage (“F&B”) sector. This transition represents an important step towards building a more sustainable and growth-oriented business model, leveraging the experience, capabilities and vision of the new management. The transition to a new management and business segment naturally brings with it new opportunities as well as responsibilities. I am confident that the incoming management will approach this transformation with due diligence, professionalism and a long-term vision, while remaining committed to sound corporate governance, transparency and the interests of all stakeholders. I would also like to place on record my appreciation for the contributions of the employees and the Board members who have supported the Company through its various phases. Their commitment and cooperation have been invaluable. I thank all our shareholders for their continued confidence in the Company and look forward to your continued support in the years ahead. Warm regards, Sd/- Harishbhai Fatandas Sawlani Chairman SHANTAI INDUSTRIES LIMITED CIN: L46411GJ1988PLC013255 Reg Office: Shop 10 2nd Floor, Agrasen Point, Nr Agrasen Bhavan, Citylight Road, Bharthana, Surat -395007 Website: www.shantaiindustrieslimited.com , Email-id: shantaiindustriesltd@gmail.com, Tel: 9913425000 NOTICE OF 41ST ANNUAL GENERAL MEETING Notice is hereby given of the 41st Annual General Meeting of the members of SHANTAI INDUSTRIES LIMITED will be held on Tuesday, September 29, 2026 at 4:00 PM IST through Video Conferencing /Other Audio-Visual Means (VC/OAVM) to transact the following business: ORDINARY BUSINESS: 1. To receive, consider and adopt the Audited Financial Statements of the company for the financial year ended on March 31, 2026, together with the reports of the Board of Directors and Auditors thereon. To consider and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution: “RESOLVED THAT the audited balance sheet, profit and loss account and cash flow statement for the year ended March 31, 2026 along with the Auditors’ report and Directors’ Report, be and are hereby considered, adopted and approved.” 2. To appoint a director in place of Mr. Vasudev Fatandas Sawlani, Whole‐Time Director (DIN: 00831830), liable to retire by rotation in terms of section 152(6) of the Companies Act, 2013 and being eligible, seeks re‐appointment. To consider and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution: “RESOLVED THAT in accordance with the provision of Section 152 (6) and all other applicable provisions, if any, of the Companies Act, 2013, Mr. Vasudev Fatandas Sawlani, Whole-Time Director (DIN: 00831830), who retires by rotation at this Annual General Meeting, be and is hereby re- appointed as Whole-Time Director of the company, liable to retire by rotation.” 3. To re‐appoint M/S. DSI & Co., Chartered Accountants (FRN: 127226W), as Statutory Auditors of the Company to hold office for a second term of 5 (Five) consecutive years i.e. from the conclusion of 41st Annual General Meeting (“AGM”) until the conclusion of the 46th AGM to be held for the Financial Year 2030‐31. To consider and if thought fit, to pass with or without modification(s), the following Resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to Section 139(1), 141, 142, 143 and other applicable provisions of the Companies Act, 2013 read along with the Companies (Audit and Auditors) Rules, 2014 (including any statutory modification(s), clarifications, exemptions or re-enactments thereof for the time being in force); and pursuant to the recommendation of the Audit Committee and the Board of Directors of the Company, a [Showing first 8,000 characters — download PDF for full document]