Shareholders meeting

September 4, 2026 To, To, Listing / Compliance Department Listing / Compliance Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers “Exchange Plaza”, Plot No C/1, Dalal Street, Mumbai 400 001. G Block, Bandra Kurla Complex, Bandra (E), Mumbai 400 051. Scrip Code: 543210 Symbol: AARTISURF Dear Sir / Madam, Sub: Intimation of Notice of 8th Annual General Meeting (“AGM”) and Annual Report for FY 2025- 2026 pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Please find enclosed herewith Notice of the 8th AGM along with the Annual Report of the Company for the Financial Year 2025-2026, scheduled to be held on Tuesday, September 29, 2026, at 4:00 p.m. (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The AGM will be held without the physical presence of the Members at a common venue. Further, in accordance with the MCA Circulars and SEBI Circulars, the Notice of the AGM along with Annual Report is being sent only through electronic mode to those Shareholders whose e-mail addresses are registered with Company/Registrar & Transfer Agent/ Depositories/Depository Participant(s). Further, the Company has also initiated sending letters containing the web link of the Annual Report for FY 2025-2026 to the Shareholders whose e-mail addresses are not registered. The Notice of the 8th AGM along with Annual Report of the Company for the Financial Year 2025-2026 is available on the website of the Company at www.aarti-surfactants.com/annual-report.htm. Kindly take note of the same. Thanking You, Yours faithfully, For Aarti Surfactants Limited Priyanka Chaurasia Company Secretary ICSI M. NO. A44258 Scale with Substance. Annual Report 2025-2026 02-42 103-218 Corporate Financial Overview Statements 02 About the Company Standalone Financial Statements 06 Our Journey 103 Independent Auditors’ Report 08 Financial Performance 114 Standalone Balance Sheet 10 CEO and MD Message Standalone Statement of 115 Growth has little meaning 12 Chairman’s message Profit and Loss 14 Value Creation Model Standalone Statement of 16 Stakeholder Engagement Changes in Equity unless it is built to endure. As we 18 Key Differentiators 117 Standalone Cash Flow Statement 20 Diverse Product Portfolio 131 Notes Forming Part of Standalone have expanded our business, Financial Statements 22 Our Geographical Presence 23 Our Operating Landscape Consolidated Financial Statements we have focused not on growing 26 Our Operational Resilience For more information scan the 152 Independent Auditors’ Report 28 Research and Development QR code or visit our website 30 Our People 170 Consolidated Balance Sheet for the sake of scale, but on https://www.aarti- Consolidated Statement of 33 Our ESG Initiatives 171 surfactants.com/about.htm Profit and Loss 34 Environmental Stewardship Consolidated Statement of strengthening the capabilities 36 Social 172 Changes in Equity 38 Governance 173 Consolidated that allow us to serve 40 Board of Directors Cash Flow Statement 42 Corporate Information 188 Notes Forming Part of Consolidated customers better, respond to Inside the Financial Statements changing market needs and report 219-245 compete with confidence. Annual General Meeting ‘Scale with 43-102 219 Notice Statutory Substance’ Reports Reflects this philosophy. It is about building a business 43 Management that grows with purpose, where every new product, every Discussion and Analysis investment in manufacturing, every enhancement in research 54 Board’s Report and every customer relationship adds another layer of 76 Corporate Governance Report strength to the organisation. Over the years, we have steadily broadened our portfolio, deepened our technical expertise and developed solutions that address the evolving needs of the Forward-Looking Statements home care, personal care and industrial applications markets. This Report and other statements - written and oral - that we periodically make, may contain forward-looking statements that set out anticipated results based on the These are not isolated milestones but part of a deliberate effort management’s plans and assumptions. We have tried wherever possible to identify to build a stronger and more resilient enterprise. such statements by using words such as ‘anticipate’, ‘estimate’, ‘expects’, ‘projects’, ‘intends’, ‘plans’, ‘believes’, and words of similar substance in connection with any As opportunities emerge, we will continue to expand with the discussion of future performance. We cannot guarantee that these forward-looking same emphasis on quality, innovation and reliability that statements will be realised, although we believe we have been prudent in assumptions. The achievement of results is subject to risks, uncertainties and even inaccurate has defined our journey so far. Because for us, scale is not assumptions. Should known or unknown risks or uncertainties materialise or should measured only by size. It is measured by the strength of the underlying assumptions prove inaccurate, actual results could vary materially from foundation beneath it, the trust we earn and the value we those anticipated, estimated or projected. Readers should bear this in mind. We undertake no obligation to publicly update any forward-looking statements, whether create over the long term. as a result of new information, future events or otherwise. Annual Report 2025-2026 Corporate Overview About the Company About the Company Unleashing Our Potential As a leading manufacturer of specialty surfactants and ingredients, we serve diverse segments including the home care, personal care and Vision industrial applications. Aarti Surfactants Limited (ASL) was established in 2018, when the home and To be the Global Partner personal care division of Aarti Industries Limited of Choice for leading was demerged to enable integrated operations FMCG companies in the across the specialty surfactants segment. field of surfactants and specialty products. Since our inception, we have steadily expanded our portfolio with application-focused, value-added solutions that cater to a wide range of consumer and industrial applications. By fostering enduring consumer bonds, we develop customised formulations that address evolving performance, regulatory and sustainability requirements. Our integrated manufacturing capabilities, dedicated Research and Development Mission (R&D) infrastructure, technical expertise and customer-centric product development enable us to serve customers across India and international To deliver high- markets with a diversified portfolio of specialty solutions. performance, sustainable surfactant solutions that meet the evolving 50+ 2 Countries Facilities needs of our customers. Global Reach Manufacturing Network To remain committed to innovation, quality, and environmental 1 50+ Products responsibility, ensuring advanced facility in Navi Product Portfolio our products are safe Mumbai Research & and effective. To foster Development Centre collaboration, drive continuous improvement, and build lasting 100+ 350+ Customers relationships that create Customer Base Employees positive change across the industries we serve. 02 03 Annual Report 2025-2026 Corporate Overview About the Company Revenue Contribution Financial Performance Business and Operations Sustainability and Governance ₹85,912.92 2 ₹43.06 Expand Lakhs Lakhs High-Value Revenue from Operations Manufacturing Facilities CSR Spend Specialty Products Drive Digital Strengthen 30.35% 350+ 37.50% Process Customer Improvements Relationships Revenue Growth (YoY) Employees Independent Directors on the Board ₹4,731.80 ₹222.50 Lakhs Lakhs EBITDA Investment in R&D Strategic 5.51% Strengthen Enhance Priorities Regulatory Operational EBITDA Margin Compliance Efficiency ₹ 1,267.83 Lakhs Net Profit 9.72% Advance Expand Global Sustainability Presence Return on Capital Employed (ROCE) Initiatives Accelerate 5.27% R&D-Driven Return on [Showing first 8,000 characters — download PDF for full document]