Intimation of 41st Annual General Meeting to be held on 25th September 2026

SHARDUL SECURITIES LIMITED CIN : L50100MH1985PLC036937 G 12, Tulsiani Chambers, Nariman Point, Mumbai 400 021 Tel. : 91 22 46032806 or 22-46032807 Email id : investors@ssl.ind.in Website : www.shardulsecurities.com Date: 2nd September 2026 The Manager The Bombay Stock Exchange Corporate Relationship Department P.J.Towers Dalal Street, Fort Mumbai - 400 001 Dear Sir, Sub: Submission of Notice of 41st Annual General Meeting – Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, Pursuant to Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we would like to inform you that the 41st Annual General Meeting of the Company is scheduled on Friday, 25th September 2026 at 12:00 P.M. (IST) through Video Conferencing (VC)/Other Audio-Visual Means (OAVM) in compliance with the applicable circulars of Ministry of Corporate Affairs (MCA) and SEBI Circulars to transact the businesses mentioned in the Notice of 41st Annual General Meeting annexed herewith. Further, in compliance with the circulars issued by the MCA and SEBI from time to time, this Notice is being sent only through electronic mode to the Members through e-mail on Wednesday 02nd September 2026 whose e-mail IDs are registered with the Company’s Registrar and Share Transfer Agent/Depositories. The Company has engaged MUFG Intime India Private Limited to provide eVoting facility to its members. The e-Voting period commences on Tuesday 22nd September 2026 from 9:00 A.M. (IST) and ends on Thursday 24th September 2026 at 5:00 P.M. (IST). The Company has fixed Friday, 18th September, 2026, as cut-off date to record entitlement of the member to cast their votes electronically for the business to be transacted at the 41st Annual General Meeting of the Company. The instructions for remote e-Voting are provided in the Notice of 41st Annual General Meeting. The Notice of 41st Annual General Meeting will be available on Company website at http://www.shardulsecurities.com/ Kindly take the same on your record and oblige us. Thanking you, Yours faithfully, FOR SHARDUL SECURITIES LIMITED DAYA BHALIA COMPANY SECRETARY M NO: A24205 Encl: As Above Annual Report 2025-2026 NOTICE NOTICE is hereby given that the 41st (Forty First) Annual General Meeting of the Members of Shardul Securities Limited will be held on Friday, 25th September 2026 at 12.00 p.m. through Video Conferencing (VC)/Other Audio-Visual Means (OAVM) to transact the following business: AS ORDINARY BUSINESS: 1. To receive, consider and adopt the Audited (Standalone and Consolidated) Financial Statements of the Company for the financial year ended 31st March 2026 together with the Reports of the Board of Directors and Auditors thereon. 2. To appoint a director in place of Mr. Devesh Chaturvedi (DIN: 00004793), who retires by rotation and being eligible, offers himself for re-appointment. AS SPECIAL BUSINESS: 3. Approval for buyback of equity shares: To consider and, if thought fit to pass, with or without modification(s), the following resolutions as Special Resolution: “RESOLVED THAT pursuant to Article 147 of the Articles of Association of the Company and the provisions of Sections 68, 69, 70, 108 and all other applicable provisions, if any, of the Companies Act, 2013 (the “Act”), as amended, and applicable rules made there under including the Companies (Share Capital and Debentures) Rules, 2014 (“Share Capital Rules”), and the Companies (Management and Administration) Rules, 2014, as amended (“Management Rules”), to the extent applicable and in compliance with the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended from time to time (“Buy-back Regulations”), the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”),the RBI Master Direction – Reserve Bank of India (Non- Banking Financial Company – Scale Based Regulation) Directions, 2023, as applicable including any amendments, statutory modifications or re-enactments for the time being in force and subject to such other approvals, permissions, sanctions and exemptions of Securities and Exchange Board of India (“SEBI”), Reserve Bank of India (“RBI”) and/or Registrar of Companies (“RoC”), lenders of the Company and/ or other authorities, institutions or bodies (together with SEBI, RBI and RoC, the (“Appropriate Authorities”) as may be necessary and subject to such conditions and modifications, if any, as may be prescribed or imposed by the Appropriate Authorities while granting such approvals, permissions, sanctions and exemptions, which may be agreed by the Board of Directors of the Company (herein referred to as the “Board” which term shall be deemed to include any committee which the Board may constitute to exercise its powers, including the powers conferred by this resolution), consent of the Members, be and is hereby accorded for the buy-back of fully paid up equity shares of the Company having face value of ₹2/- each (“Equity Shares”) up to 1,92,00,000 (One Crore Ninety Two Lakhs) Equity Shares (representing of the total number of Equity Shares of the total paid-up Equity Share capital of the Company, as on date of Board Meeting) at a price of ₹ 60/- (Rupees Sixty Only) (“Buy-back Price”) per Equity Share payable in cash for a total consideration not exceeding ₹ 1,15,20,00,000/- (Rupees One Hundred Fifteen Crore Twenty Lakhs Only), excluding transaction costs viz. fees, brokerage, other applicable taxes such as securities transaction tax, goods and service tax, stamp duty, filing fees to SEBI, stock exchange charges, advisors/legal fees, printing and dispatch expenses, if any, public announcement and letter of offer publication expenses, advertising expenses, and other incidental and related expenses and charges thereto (“Transaction Costs”) (hereinafter referred to as “Buy-back Size”), which represents 24.92% and 14.16% of the aggregate of the total paid-up equity share capital and free reserves (including securities premium account) as per the standalone and consolidated audited financial statements of the Company as at March 31, 2026, respectively, whichever sets out a lower amount, to be sourced out of free reserves of the Company and/or such other source as may be permitted by the Buy-back Regulations or the Act, through the “Tender Offer” process as prescribed under the Buy-back Regulations (the process being referred hereinafter as “Buy-back”), on a proportionate basis, from the equity shareholders / beneficial owners of the Equity Shares of the Company including promoters, members of promoter group and persons acting in concert (it being understood that the “Promoter”, “Promoter Group” and “Persons Acting in Concert” will be such persons as have been disclosed under the shareholding pattern filed by the Company from time to time under the Listing Regulations and the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended), as on the record date. The Buyback period shall commence from the date of shareholders resolution in the annual general meeting until the last date on which the payment of consideration for the Equity Shares bought back by the Company is made (“Buyback Period”), in accordance with, and consonance, with the provisions contained in the Buy-back Regulations, the Act, Share Capital Rules, the Management Rules and the Listing Regulations. RESOLVED FURTHER THAT the Company, to the extent legally permissible, implement the Buyback using the “Mechanism for acquisition of shares through Stock Exchange pursuant to Tender-Offers under Takeovers, Buyback and Delisting’’ notified by Securities and Exchange Board of India (“SEBI”) vide circular CIR/CFD/POLICYCELL/1/2015 dated April 13, 2015 read with SEBI circular CFD/DCR2 [Showing first 8,000 characters — download PDF for full document]