Shareholders meeting

JNK India Limited (Formerly known as JNK India Private Limited) CIN: L29268MH2010PLC204223 203 to 206, Centrum, Plot No. C-3, S.G. Barve Road, Wagle Estate, Thane (W) – 400604, Maharashtra, INDIA Tel : 91-22-68858000 Email: admin@jnkindia.com Website: www.jnkindia.com Date: September 3, 2026 To, To, BSE Limited, National Stock Exchange of India Limited, The General Manager, Listing Department The Manager, Listing Department Department of Listing Operations, Exchange Plaza, C-1, Block – G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East), Dalal Street, Mumbai – 400 001 Mumbai – 400 051 Scrip Code : 544167 Security Symbol : JNKINDIA Dear Sir/Madam, Sub: Annual Report of the Company for the Financial Year 2025-2026 alongwith Notice of the 16th Annual General Meeting of the Company. With reference to the captioned subject and pursuant to Regulation 34(1) of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 (“SEBI Listing Regulations”), we enclose herewith the Annual Report of the Company for the Financial year 2025-2026 alongwith Notice of the 16th Annual General Meeting (“AGM”) of the shareholders of the Company to be held on Friday, September 25, 2026 at 11:00 a.m. (IST) ) through Video Conference (“VC”) / Other Audio Visual Means (“OAVM”) to transact the business set out in the Notice of the AGM. In terms 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 Regulations, the Company is providing remote e-voting facility to its Shareholders before AGM to cast their votes on all resolutions set out in the Notice of the AGM. Additionally, the Company is providing the facility of voting through the e-voting system during the AGM. The e-voting instructions is set out in the AGM Notice. The Annual Report for the financial year 2025-26 is also available on the website of the Company at https://www.jnkindia.com/ Further, pursuant to Regulation 36(1)(b) of the SEBI Listing Regulations, a letter providing the web-link of the Annual Report, is being sent to those members who have not registered their e-mail address, and the same is also available on the Company’s website at https://www.jnkindia.com/ We request you to kindly take the above information on record. Thanking you, For JNK India Limited Ashish Soni Company Secretary & Compliance Officer Enclosure: As above Igniting the Next Curve Annual Report 2025-26 “Igniting the Next Curve” symbolises the convergence of JNK India’s enduring strengths and its future ambitions. Rooted in the Company’s combustion and process heating expertise, “Igniting” represents both its engineering legacy and the catalyst for a new phase of growth. 02-23 24-103 Igniting the Next Corporate Overview Statutory Reports Curve 02 About Us 24 Management Discussion and Analysis 04 FY2026 at a Glance 28 Board’s Report 05 Our Journey 46 Corporate Governance Report 06 Chairman Message 65 Business Responsibility and Sustainability Report 08 CEO’s Message “The Next Curve” reflects a strategic inflection point—where resilience gives way to expansion through 104-159 technology-led diversification, clean energy opportunities, and sustained value creation. It is the story of a 12 Our Presence company not merely recovering but advancing with renewed purpose toward its next era of growth. 14 Our Strategic Approach Standalone Financials 15 Strategic Joint Venture 104 Independent Auditor’s Report Over the course of the year, JNK technology, new markets, and a India transformed a slow start into longer runway for growth. 16 Our People 114 Balance Sheet its strongest financial performance The curve we are igniting is 18 ESG 115 Statement of Profit and Loss to date. Revenue nearly doubled. The order book reached an all-time high. therefore one of expanding 20 Board of Directors 116 Statement of Changes in Equity Profitability recovered with conviction. horizons. Across furnaces and 22 Awards and Accolades 117 Statement of Cash Flow combustion systems. Across Through the formation of JNK process plants and clean 118 Notes Chemdist Technologies, we are energy. Across India and global extending our proven execution markets. Each horizon further strength into opportunities shaped than the last, each powered by Contents by the future of energy. This is not the same foundational strength a pivot away from our core. It is that has defined JNK India our core, extended — combining since its inception. decades of combustion engineering and execution excellence with new 160-221 Consolidated Financials 160 Independent Auditor’s Report 168 Balance Sheet 169 Statement of Profit and Loss 170 Statement of Changes in Equity 172 Statement of Cash Flow Scan the QR code to know more about us 173 Notes 222-240 Notice Corporate Overview Statutory Reports Financial Statements JNK India Limited 02-23 24-103 104-221 About Us Turning Complexity into Capability Capabilities Sectors Combustion Equipment Served 01 Process-fired heaters JNK India Limited began its journey in 2010 and has since grown into one of India's leading companies in combustion equipment. We offer 02 Reformers end-to-end capabilities across the lifecycle of process-fired heaters, Petrochemical 03 Cracking furnaces reformers and cracking furnaces, covering thermal design, engineering, Refinery Fertiliser manufacturing, supply, installation and commissioning. Building on Waste Gas Handling this strong foundation, JNK India has steadily expanded into related 01 Flare systems fields, including systems for handling waste gas such as flares and incinerators, renewable energy solutions such as hydrogen production 02 Incinerators Chemical and Pharma and distribution systems and process plant development. Green Steel Technology-Led and Green Solutions Our competitive edge lies in our ability to build and sustain long-standing relationships. Since our inception, we have maintained a close working relationship with JNK Global, a company listed on 01 Process plants KOSDAQ. We have also built deep relationships with our customers, supported by a proven record of Hydrogen production and developing and delivering customised solutions that address their diverse needs. In August 2025, JNK Renewable Energy distribution systems India formed a new joint venture subsidiary with JNK Chemdist Technologies Private Limited, further 03 Green hydrogen broadening our capabilities and reach in sustainable fuels and chemicals. Process 04 Green ammonia Flow Special Fabricated Equipment Thermal Manufacturing 01 Distillation columns Mission Vision Design & Construction 02 Heat exchangers Our mission is to ensure sustainable Our vision at JNK India is to be a globally trusted development through technology and technology-solutions provider in the fields of 03 Crystallisers engineering with the help of innovative Combustion Engineering, Hydrogen, renewable and collaborative solutions. Safety, energy and be known for ethical and competitive Process Project 04 Reactors cost, quality and timely execution are practices that provide all our clients a leading Engineering Management the key pillars with which we execute edge over their competitors. 05 Pressure vessels all our projects. Installation, Erection & Commissioning 02 Annual Report 2025-26 03 Corporate Overview Statutory Reports Financial Statements JNK India Limited 02-23 24-103 104-221 FY2026 at a Glance Our Journey Measured by What We Deliver The Making of JNK India Financial Highlights Operational Highlights ESG Highlights ₹ 838 5,000 50 Crore MT kWp Total Revenue (68% YoY Growth) Installed Fabrication Capacity Solar Capacity Installed 2010 ₹ 111.3 ~20K 106.55 Crore Sq. metres GJ JNK India incorporated EBITDA (71.6% YoY Growth) Facility Spread Over 20,243 square Renewable energy consumption meters increased 13.3% Zero Multi- 2019 -2021 EBITDA Margin Lost Time Injury Frequency Rate and product SEZ Workplace Fatalities Received first [Showing first 8,000 characters — download PDF for full document]