Annual Report for F.Y. 2025-26 is attached.

Casting the Future 04th September, 2026 The Manager The Manager Department of Corporate Services Listing Department BSE Limited National Stock Exchange of India Ltd. Jijibhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra-Kurla Complex, Bandra East MUMBAI 400 001 MUMBAI 400 051 Script Code: 531147 Script Symbol: ALICON Dear Sir, Sub: Notice of the 36th Annual General Meeting and Annual Report for the FY 2025-26. The 36th Annual General Meeting (‘AGM’) of the Company is scheduled to be held on Monday, 28th September, 2026 at 12 Noon (IST) through video conference/ other audio visual means in compliance with relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. As required under the Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing Notice convening the 36th AGM and Annual Report of the Company including Business Responsibility and Sustainability Report, for the financial year 2025-26. In accordance with the aforesaid circulars, Notice of the AGM and Annual Report of the Company for the FY 2025-26 is being sent through electronic mode to all those members of the Company, whose e-mail addresses are registered with the Company and/or Depository Participants. The Notice of AGM alongwith Annual Report is also uploaded on the Company’s website at https://www.alicongroup.co.in/wp-content/uploads/2026/09/Alicon-2025-26-Annual- Report.pdf and the website of National Securities Depository Limited at www.evoting.nsdl.com. Thanking you, Yours faithfully, For ALICON CASTALLOY LTD. SNEHA SHUKLA COMPANY SECRETARY Encl: as above Alicon Castalloy Limited, Gat No. 1426, Shikrapur, T: +91 21 3767 7100 www.alicongroup.co.in Tal. Shirur, Dist: Pune – 412 208, Maharashtra – India F: +91 21 3767 7130 CIN: L99999PN1990PLC059487 Solid Foundations PROVEN RESILIENCE Annual Report 2025-2026 I N S I D E T H I S R E P O R T CORPORATE OVERVIEW 02 Solid Foundations Proven Resilience 04 Alicon in a Snapshot STATUTORY REPORTS 07 Group Structure 09 Where we Operate 10 Products and Solutions 32 Management Discussion and Analysis 13 Chairman's Letter 44 Board’s Report 54 Corporate Governance Report 16 Message from the Managing Director 73 Business Responsibility and 20 Key Performance Indicators Sustainability Report 22 Key Growth Enablers 24 Strategy 26 Corporate Social Responsibility 29 Corporate Information 264 30 Awards NOTICE Exclusions FINANCIAL STATEMENTS All financial figures and metrics presented in this report are stated after excluding exceptional items. In FY 2025-26, the Company incurred certain 131 Standalone Financial Statements non-recurring items, comprising past legal claim 200 Consolidated Financial Statements settlement and the impact of the new Labour Code in India. These have been treated as exceptional items and have been excluded from financial information and related explanations in management commentary and other non-statutory sections to provide a clearer view of underlying business performance, unless otherwise indicated in those To download this report sections. The Consolidated and Standalone Financial or to read online, please log on to Statements continue to be reported in accordance www.alicongroup.co.in with applicable Indian Accounting Standards. FY 2025-26 at a Glance ` 1,784.47 Crore REVENUE ` 203.29 Crore EBITDA ` 34.44 Crore NEW PRODUCT INNOVATIONS WE HAVE BUILT AN ORGANISATION CAPABLE OF NAVIGATING EMPLOYEES COMPLEXITY, IDENTIFYING Data Centre OPPORTUNITIES AND Components EXECUTING WITH DISCIPLINE. NEW INDUSTRY ENTRY SOLID FOUNDATIONS PROVEN RESILIENCE There is a particular kind of strength that only becomes visible under load. A foundation is judged not by how it looks when the building is empty, but by how it holds when every floor above it is occupied, when the wind changes direction, when the ground itself grows unpredictable. FY 2025-26 was, in many ways, a year that tested exactly this, not the ambition of the structure, but the integrity of what lies beneath it. 02 Alicon Castalloy Limited For Alicon, that foundation was never a single thing. It was 57 years of engineering discipline, poured quietly into every casting long before the world asked hard questions of it this year. It was a customer base built deliberately wide, so that no single relationship, geography or platform could tilt the whole. It was a balance sheet strengthened patiently, cycle after cycle, so that when volatility inevitably arrived, there was room to absorb it rather than simply react to it. None of this was built for FY 2025-26 specifically. It was built for a year exactly like FY 2025-26, whenever it happened to come. And it came. Global markets turned uncertain in ways few had fully anticipated, even as India's own economy and industry moved with a confidence of its own. Costs shifted. Supply lines wavered. A customer's operations were disrupted by circumstances entirely outside anyone's control. In each instance, what carried the business through wasn't improvisation, it was structure that had already been laid, tested now rather than for the first time. A foundation, after all, is rarely admired for its own sake. It is admired for what it allows to stand above it, for the floors that keep rising precisely because no one below is worrying about whether they will hold. That, perhaps, is the quieter story of this year: not of a company proving something new about itself, but of one discovering, once again, that what it had already built was sound enough to trust. Annual Report 2025-26 03 SOLID FOUNDATIONS, PROVEN RESILIENCE TOHSPANS NOCILA We are Alicon Castalloy Limited, a Pune-headquartered integrated manufacturer of precision aluminium castings and one of India's largest players in the industry. We were among the country's early pioneers in Low Pressure Die Casting (LPDC) and Gravity Die Casting (GDC), helping shape the evolution of aluminium casting in India over the last five decades. Today, we design, cast, machine and assemble precision aluminium components for customers across 18 countries, combining engineering excellence with manufacturing scale to deliver solutions that meet the evolving needs of global industries. What We Build and For Whom Our capabilities extend across the entire product lifecycle, from prototype design, tool design and simulation, tool manufacturing and fixture design to casting, value analysis and value engineering (VA/VE), machining, sub- assembly, painting and surface treatment. While the automotive sector continues to be our largest market, serving leading two, three and four-wheeler OEMs and Tier-1 suppliers, we have steadily expanded into high-growth sectors including infrastructure, defence, aerospace, energy, agriculture and carbon-neutral technologies. We also entered the non-automotive precision components segment for data-centre infrastructure, marking another step in our ongoing diversification journey. Our customer portfolio is intentionally broad, ensuring that no single customer represents a disproportionate share of our business. 04 Alicon Castalloy Limited PG 02 - 30 PG 31 - 130 PG 131 - 263 Corporate Overview Statutory Reports Financial Statements Key Strengths A PIONEER'S A BLEND DEPTH ACROSS FOUNDATION THAT'S HARD THE VALUE TO COPY CHAIN A CUSTOMER GLOBAL REACH, POSITIONED BASE BUILT FOR LOCALLY FOR WHAT'S RESILIENCE ROOTED NEXT Numbers that Define Our Years of Legacy Countries Served Manufacturing Plants Permanent Employees Customers Live Production Parts Product Segments Annual Report 2025-26 05 The Alicon Vision Become the globally preferred supplier for Light Alloy Casting Solutions – We Encourage Decisive Leaders at All Levels – We Encourage Leaders to Nurture Their Teams – We Empower Our People and Always Maintain Positive Mission Environment – We Approach Everything We – Grow the employees, associates Do with Sincerity and Integrity and suppliers – We Greet Everyone with a – Ens [Showing first 8,000 characters — download PDF for full document]