Outcome of EGM held on 03-09-2026

Date: 3rd September, 2026 The Manager Listing BSE Limited 5th Floor, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400001 BSE Scrip Code: 544793 Subject: Submission of Proceedings of the Extra-Ordinary General Meeting held on 3rd September, 2026 pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the Proceedings of the Extra-Ordinary General Meeting (“EGM”) of Susan Electricals India Limited held today i.e. Thursday, 3rd September, 2026 at 3:00 P.M. (IST) through Video Conferencing (“VC”)/Other Audio-Visual Means (“OAVM”), to transact the business as stated in the EGM Notice. The Members considered the resolutions as set out in the Notice convening the EGM. The details of the businesses transacted at the EGM are set out in Annexure-I. The meeting commenced at 3:00 P.M.(IST) and concluded at 3.35 P.M.(IST). The above information is also available on the website of the Company. We request you to kindly take the aforesaid information on record. Thanking You, For Susan Electricals India Limited Reshma Shukla Company Secretary & Compliance Officer Membership No.: A27717 Annexure-1 PROCEEDINGS OF THE EXTRA-ORDINARY GENERAL MEETING ("EGM") held on Thursday, 3rd September, 2026 at 3:00 P.M. (IST) through Video Conferencing ("VC") / Other Audio-Visual Means ("OAVM") The Extra-Ordinary General Meeting ("EGM"/"Meeting") of the Members of Susan Electricals India Limited ("the Company") was duly convened and held on Thursday, 3rd September, 2026 through Video Conferencing ("VC") / Other Audio-Visual Means ("OAVM") in compliance with the applicable provisions of the Companies Act, 2013 and the rules made thereunder. The Meeting commenced at 3:00 P.M. (IST) and concluded at 3.35 P.M. (IST). Mr. Vishal Jain, Managing Director, chaired the Meeting. Mrs. Reshma Shukla, Company Secretary and Compliance Officer, conducted the proceedings of the Meeting through Video Conferencing / Other Audio Visual Means in accordance with the applicable circulars issued by the Ministry of Corporate Affairs. DIRECTORS PRESENT S. No. Name Designation 1. Mr. Vishal Jain Chairman and Managing Director 2. Mr. Vinod Kumar Pujari Whole time Director 3. Mr. Lalit Sharma Whole time Director 4. Mrs. Sonal Jain Independent Director 5. Mr. Sushil Kumar Poddar Independent Director 6. Mr. Charan Singh Non-Executive & Non-Independent Director IN ATTENDANCE S. No. Name Designation 1. Mr. Ved Prakash Chief Financial Officer (CFO) 2. Mrs. Reshma Shukla Company Secretary and Compliance Officer 3. Mr. Deepak Chauhan Scrutinizer 4. Mr. S R Varshney, Partner of Statutory Auditors M/s. S A R B & Associates, Chartered Accountants Since the requisite quorum in terms of Section 103 of the Companies Act, 2013 was present, the Meeting was declared duly constituted and open for the transaction of business. The Notice convening the Meeting was taken as read with the consent of the Members present and the statutory registers and documents referred to therein were made available electronically for inspection by the Members during the course of the Meeting. Mr. Vishal Jain, Managing Director, welcomed the Members and briefed them on the objective of the Meeting, namely, to seek the approval of the Members for three items. The Chairman explained that the SEIL ESOP 2026 had been framed in conformity with the applicable provisions of the Companies Act, 2013 and the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. Under the proposed Plan, approval was sought for the creation and grant of up to 2,04,000 (Two Lakh Four Thousand) Employee Stock Options, each exercisable into one fully paid-up Equity Share of the Company having a face value of Rs. 10/- each, subject to the terms and conditions set out in the Plan. The Chairman also apprised the Members that the Equity Shares of the Company were successfully listed on the BSE SME Platform on 18th June, 2026 marking a significant milestone in the Company's journey. The Chairman of the meeting, Mr. Vishal Jain, Managing Director, thereafter addressed the Members, thanking the shareholders, investors, business partners and employees for their continued trust and support and endorsed both proposals concerning SEIL ESOP 2026 requesting the Members to extend their support and approve the Special Resolutions placed before them. It was further informed to the Members that, in compliance with the 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 and the applicable circulars issued by the Ministry of Corporate Affairs, the Company had provided the facility to the Members to exercise their right to vote by electronic means on the resolutions proposed to be passed at the EGM, through remote e-voting (via NSDL) as well as e-voting during the Meeting. The remote e-voting facility was made available to the Members from Monday, 31st August, 2026 at 9:00 A.M. (IST) to Wednesday, 2nd September, 2026 5:00 P.M. (IST). Members who had already cast their votes through remote e-voting were not permitted to vote again through e-voting during the Meeting. Members attending the EGM through VC/OAVM who had not cast their votes through remote e-voting were permitted to cast their votes through the e-voting facility available during the Meeting, which remained open for fifteen (15) minutes following the conclusion of the Meeting. It was further informed that all efforts, as required, had been made by the Company to enable Members to participate and vote on the items being considered at the Meeting, in compliance with the applicable provisions of the Companies Act, 2013, the Rules made thereunder, and the relevant MCA Circulars. As the Meeting was convened through VC/OAVM, the following Special Business had already been put to vote through remote e-voting and, accordingly, the requirement of proposing and seconding the Resolutions was not applicable: SPECIAL BUSINESS S. No. Particulars of Resolutions Type of Resolution 1 Approval of the Susan Electricals India Limited- Employees Special Stock Option Plan, 2026 (‘SEIL ESOP 2026’ or ‘ESOP 2026’ or Resolution ‘Plan’ 2 Approval for extending the benefits of Susan Electricals India Special Limited- Employees Stock Option Plan 2026 (‘SEIL-ESOP Resolution S. No. Particulars of Resolutions Type of Resolution 2026’ or ‘ESOP 2026’ or ‘Plan’ to the employees of the Holding Company, Subsidiary Company(ies), Associate Company(ies) and Group Company(ies), whether existing or future 3. Appointment of Mr. Charan Singh (DIN: 09238002), Special Additional Director as a Non-Executive and Non-Independent Resolution Director Thereafter, it was informed that the Members who had not cast their votes through remote e-voting could cast their votes through the e-voting platform, which remained open for fifteen (15) minutes after the conclusion of the Meeting. It was further informed that upon completion of the voting process, the votes cast through remote e-voting and e-voting during the Meeting would be scrutinized and the consolidated voting results would be declared in accordance with the applicable provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and placed on the website of the Company and of NSDL, and submitted to BSE Limited. There being no further business to transact, Mr. Vishal Jain, Managing Director on behalf of the Board of Directors, thanked all the Members, Directors and invitees for their gracious participation and, with the permission of the Chair, declared the proceedings of the Meeting as concluded. The Extra-Ordinary General Meeting of Susan Electricals India Limited [Showing first 8,000 characters — download PDF for full document]