Annual report for the year ended 31-03-2026

MULLER AND PHIPPS INDIA LIMITED. C-204,2ND FLOOR, MADHAVA, BANDRA KURLA COMPLEX, MUMBAI-400 052. CIN: L63090MH1917PLC007897 September 03, 2026 The Secretary, Bombay Stock Exchange Limited, 1st Floor, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 Scrip Code: 501477 Dear Sir, Sub: Compliance under Regulation 34 of SEBI (LODR) Regulations 2015 Pursuant to Regulation 34 of SEBI (LODR) Regulations 2015, enclosed please find soft copy the Annual Report of the Company for the year ended March 31, 2026. This is for your information and records. Kindly acknowledge receipt. Thank you. Yours faithfully For Muller and Phipps India Limited MILAN DALAL DIRECTOR DIN: 00062453 MULLER & PHIPPS (INDIA) LIMITED ONE HUNDRED NINTH ANNUAL REPORT 2025-2026 ONE HUNDRED NINTH ANNUAL REPORT 2025-2026 MULLER & PHIPPS (INDIA) LIMITED CIN NO. L63090MH1917PLC007897 ONE HUNDRED NINTH ANNUAL REPORT 2025-2026 DIRECTORS : KEY MANAGERIAL PERSONNEL: Mr. Milan Dalal - Director Mr. Ramesh Pai - Chief Financial Officer Mr. Raymond Simkins - Director Mr. Shreekant Kudtarkar - Company Mr. P V Mohan - Whole Time Director (upto 31/05/2026) Secretary & Compliance Officer Mr. Venu Krishnan - Independent Director Mr. A V Seshadrinathan - Independent Director Mrs. Hinal Shah - Woman Independent Director REGISTERED OFFICE : 204, Madhva Commercial Premises, C-4 BandraKurla Complex, Bandra East, Mumbai -400 051. Phone No. 26591191 FaxNo. 26591186 EmailId: ramesh@mulphico.co.in AUDITORS : Contents Page No. Shankarlal Jain & Associates LLP. Chartered Accountants Notice 2 Directors Report 8 SECRETARIAL AUDITORS : Subsidiaries: Sanjay Soman & Associates Form AOC-1 16 Practising Company Secretaries Standalone Financial Statements: BANKERS: Independent Auditors’ Report 17 Canara Bank Balance Sheet 26 Statement of Profit & Loss 27 REGISTRARS & TRANSFER AGENTS : MUFG Intime India Pvt Limited Cash Flow Statement 29 C-101, 247 Park, LBS Marg, Statement on Significant Accounting Policies 30 Vikhroli (West), Mumbai 400083. and Notes annexed to and forming part of the Tel. No. +91-22-4918 6270 Financial Statements Consolidated Accounts: REGIONAL OFFICES/DEPOTS : Mumbai, Indore, Independent Auditors’ Report 51 Delhi, Ghaziabad, Balance Sheet 57 Chandigarh, Kolkata, Patna, Kochi. Statement of Profit & Loss 58 Cash Flow Statement 60 Statement on Significant Accounting Policies 61 and Notes annexed to and forming part of the Consolidated Financial Statements MULLER & PHIPPS (INDIA) LIMITED NOTICE Notice is hereby given that the ONE HUNDRED NINTH ANNUAL GENERAL MEETING (AGM) OF MULLER & PHIPPS (INDIA) LIMITED will be held on Monday September 28, 2026 at 5.00 p.m. through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”) to transact the following business: ORDINARY BUSINESS: 1. Adoption of Financial Statements To consider and if thought fit, to pass with or without modification(s) the following resolution as ORDINARY RESOLUTION: “RESOLVED THAT the Company to consider and approve (a) the Audited Financial Statements of the Company for the Financial year ended March 31, 2026, together with the Reports of the Directors and Auditors thereon and (b) the Audited Consolidated Financial Statement of the Company for the Financial year ended March 31, 2026, together with the Reports of the Auditors thereon. 2. Re-appointment of Mr. Raymond Simkins as a Director liable to retire by rotation To consider and if thought fit, to pass with or without modification(s) the following resolution as ORDINARY RESOLUTION “RESOLVED THAT the Company to re appoint Mr. Raymond Simkins (DIN 01573312) who retires by rotation and being eligible, offers himself for reappointment. 3. To re-appoint the Statutory Auditors of the Company and fix their remuneration for a second term of three years. 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 and other applicable provisions, if any, of the Companies Act, 2013 read with the Companies (Audit and Auditors) Rules, 2014 as amended from time to time (“Act”), M/s Shankarlal Jain & Associate LLP., Chartered Accountants, Firm Registration No. 109901W/W/00082,be and are hereby reappointed as the statutory auditors of the Company for a second term of three years to hold office from the conclusion of this 109th annual general meeting until the conclusion of the 112th Annual General Meeting of the Company. “RESOLVED FURTHER THAT approval be and is hereby accorded for payment of statutory audit fees plus reimbursement of out-of-pocket expenses and applicable taxes to M/s Shankarlal Jain & Associate LLP, Chartered Accountants, for the financial year 2026- 27 and the Board of Directors of the Company be and they are hereby authorised to increase and pay such statutory audit fees as recommended by the Audit Committee and as they may deem fit for the remaining tenure of their appointment. Registered office: By Order of the Board 204, Madhava, 2nd Floor For MULLER AND PHIPPS (INDIA) LTD Bandra Kurla Complex, Near Family Court, Bandra East, Mumbai 400 051 MILAN DALAL Place: Mumbai Director Date: August 14, 2026 DIN 00062453 NOTES 1. Pursuant to the Circular No. 14/2020 dated April 08, 2020, issued by the Ministry of Corporate Affairs, the facility to appoint proxy to attend and cast vote for the members is not available for this AGM. However, the Body Corporates are entitled to appoint authorised representatives to attend the AGM through VC/OAVM and participate thereat and cast their votes through e-voting. 2. The Members can join the AGM in the VC/OAVM mode 15 minutes before and after the scheduled time of the commencement of the Meeting by following the procedure mentioned in the Notice. The facility of participation at the AGM through VC/ OAVM will be made available for 1000 members on first come first served basis. This will not include large Shareholders (Shareholders holding 2% or more shareholding), Promoters, Institutional Investors, Directors, Key Managerial Personnel, the Chairpersons of the Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee, Auditors etc. who are allowed to attend the AGM without restriction on account of first come first served basis. ONE HUNDRED NINTH ANNUAL REPORT 2025-2026 3. The attendance of the Members attending the AGM through VC/OAVM will be counted for the purpose of reckoning the quorum under Section 103 of the Companies Act,2013. 4. Pursuant to 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 SEBI (Listing Obligations & Disclosure Requirements) Regulations2015 (as amended), and the Circulars issued by the Ministry of Corporate Affairs dated April 08, 2020, April 13, 2020 and May 05, 2020 the Company is providing facility of remote e-Voting to its Members in respect of the business to be transacted at the AGM. For this purpose, the Company has entered into an agreement with National Securities Depository Limited (NSDL) for facilitating voting through electronic means, as the authorized agency. The facility of casting votes by a member using remote e-Voting system as well as venue voting on the date of the AGM will be provided by NSDL. 5. In line with the Ministry of Corporate Affairs (MCA) Circular No. 17/2020 dated April13, 2020, the Notice calling the AGM has been uploaded on the website of the Company at https://mulphico.co.in. The Notice can also be accessed from the websites of the Stock Exchanges i.e. BSE Limited at www.bseindia.com and the AGM Notice is also available on the website of NSDL (agency for providing the Remote e-Voting facility) i.e.www.evoting.nsdl.com. 6. AGM has been convened through VC/OAVM in compliance with applicable provisions of the Companies Act, 2013 read with MCA Circular No. 14/2020 dated April 08, 2020 and MCA Circular No. 17/2020 dated Apri [Showing first 8,000 characters — download PDF for full document]