Shareholders meeting

NALWA SONS INVESTMENTS LIMITED Regd. Office: 28, Najafgarh Road, Moti Nagar Industrial Area, Delhi – 110 015. India CIN: L65993DL1970PLC146414 September 5, 2026 BSE Ltd. National Stock Exchange of India Ltd. Corporate Relationship Department, E x c h a n g e Plaza, 5th Floor, 1st Floor, New Trading Ring, Plot no. C/1, G Block Rotunda Building, P J Towers, Bandra-Kurla Complex, Bandra(E), Dalal Street, Fort, Mumbai – 400 001 Mumbai-400051 Email: corp.relations@bseindia.com Email: cmlist@nse.co.in Security Code: 532256 Security Code: NSIL Sub: Annual Report for the Financial Year 2025-26 including Notice of the 55th Annual General Meeting Pursuant to Regulation 30 & 34 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015(“SEBI Listing Regulations”). Dear Sir/Madam, We wish to inform you that the 55th Annual General Meeting (“AGM”) of Nalwa Sons Investments Limited (‘the Company”) will be held on Wednesday, September 30, 2026 at 11.30 a.m. (IST) through Video Conferencing / Other Audio Visual Means. Pursuant to Regulation 30 & 34(1) of SEBI Listing Regulations, as amended, we are submitting herewith the Annual Report for the financial year 2025-26 including Notice of 55th AGM of the Company, which is being sent to the Members through electronic mode in compliance with circulars issued by the Securities and Exchange Board of India and the Ministry of Corporate Affairs and the same is also available at the website of the Company at www.nalwasons.com.Additionally, pursuant to Regulation 36(1)(b) of SEBI Listing Regulations, the Company is also sending a letter to those shareholders whose email addresses are not registered with MUFG Intime India Private Limited, Registrar and Share Transfer Agent of the Company / the respective Depositories, providing them the web link, including the exact path for accessing the Company’s Annual Report and Notice of AGM. The Members are requested to refer to the Notes annexed to the Notice of AGM to know the detailed procedure for e-voting along with other necessary instructions relevant to the AGM. You are request to kindly take the above information on record. Yours Faithfully, For Nalwa Sons Investments Limited (Ajay Mittal) Company Secretary Encl. As above Corporate Office: Jindal Centre, 12, Bhikaiji Cama Place, New Delhi – 110 066. Branch Office: O.P. Jindal Marg, Hisar-125 005, Phone: +91 1662 222471 W: www.nalwasons.com E: investorcare@nalwasons.com SHORPIJ INDAL (FOU-N0DJ EIPRN G DRAOLU P) AUGU1S9T-37M0,A 3R12C.0H 0 5 Long befores el-freliabneccea mea natoinal missino, ShrOi PJ indwaalsa l readyp usruign thavter yv iosni, maa n trulahye ad of hist im.e Whatb eagn as a smalbluc ket manufacturuinniggt r ew,u nder rheliesntl esdsri v eand foresigihntt o,on eo ft hen atiomno'sts r espcetedi ndurisatl groupHsis. j ournesyt andassa p owerftuels tametnot the beleift hatha rdw orka ndd eterminactani tounr n ambitiionnta coh ievement. He builotn eo fI ndia'lesad ingin dustiraglr oupansd was equalclhye risahs ead p hilanthraonpdip seotp lel'esa dear , man whoseco mpassimoant chehdi a smbitiAotnN .a lwSaon s InvestmLetdn,tw se r emaipnr oucdu stodiofah nisms e mory, guidebyd the itnegriantdyr esiliehnecs et oofodr ,a sh is endurirnega md ao efslrfel-itan ndIiac ontintuo ienss puisr.e Nalwa Sons Investments Limited Annual Report 2025-26 Whole Time Director Registrar & Transfer Agent Mr. Mahender Kumar Goel MUFG Intime India Private Limited (Formerly Known as Link Intime India Private Limited) Directors Noble Heights, 1st Floor, Plot No. NH2, C1 Block LSC, Mr. Ajay Goyal Near Savitri Market, Janakpuri, New Delhi - 110058 Mr. Rakesh Khandelwal Phone No.: (011) 41410592/93/94 Mr. Jagdeep Bhargava (011) 49411000 Mr. Kanwaljit Singh Thind Fax No.: (011) 41410591 Mrs. Shruti Shrivastava Email: swapann@in.mpms.mufg.com Website: https://in.mpms.mufg.com Chief Financial Officer Mr. Deepak Garg Bankers State Bank of India Company Secretary Standard Chartered Bank Mr. Ajay Mittal ICICI Bank Ltd. IndusInd Bank Axis Bank Ltd. Statutory Auditors M/s. N.C. Aggarwal & Co., Chartered Accountants Secretarial Auditors M/s. Rajesh Garg & Co., Practicing Company Secretaries Registered Office 28, Najafgarh Road, Moti Nagar Industrial Area, New Delhi - 110 015 India Phone: (011) 45021854, 45021812 Email id: investorcare@nalwasons.com Corporate Office Jindal Centre, 12, Bhikaiji Cama Place, New Delhi-110066 Phone : (011) 26188345-60,41462000 Branch Office O.P. Jindal Marg, Hisar -125 005 (Haryana) India CONTENTS Phone: (01662) 222471-83 Page No. Notice 1 Directors’ Report 18 55th Annual General Meeting Corporate Governance Report 73 Management Discussion & Analysis Report 101 Date: 30th September, 2026 Independent Auditors’ Report 108 Day: Wednesday Balance Sheet 120 Statements of Profit & Loss Account 121 Time: 11.30 A.M. (IST) Cash Flow Statements 123 Consolidated Financial Statements 168 Financial Statement Pursuant to Section 129 225 Nalwa Sons Investments Limited Annual Report 2025-26 Nalwa Sons Investments Limited CIN: L65993DL1970PLC146414 Regd. Office: 28 Najafgarh Road, Moti Nagar Industrial Area, New Delhi – 110 015 Phone No.: (011) 45021854, 45021812 Email Id.: investorcare@nalwasons.com, Website: www.nalwasons.com Corporate Office: Jindal Centre, 12, Bhikaiji Cama Place, New Delhi-110 066 Branch Office: O.P. Jindal Marg, Hisar- 125 005, Haryana Phone: (01662) 222471-83 NOTICE is hereby given that the 55th Annual General Meeting (“AGM”) of Members of Nalwa Sons Investments Limited (“NSIL/Company”) will be held on Wednesday, the 30th day of September, 2026 at 11:30 A.M. (IST) through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”) to transact the following business: ORDINARY BUSINESS: 1. To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended March 31, 2026 together with the Reports of Board of Directors and Auditors thereon. 2. To receive, consider and adopt the audited consolidated financial statements of the Company for the financial year ended March 31, 2026 together with the Report of the Auditors thereon. 3. To appoint a Director in place of Mr. Ajay Goyal (DIN: 10448282), who retires by rotation in terms of the provisions of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment. SPECIAL BUSINESS: To consider and if thought fit, to pass the following resolution as a Special Resolution: 4. Re-appointment of Mr. Mahender Kumar Goel (DIN: 00041866) as Whole Time Director and Key Managerial Personnel of the Company. RESOLVED THAT pursuant to the provisions of Section 196, 197, 203 and all other applicable provisions and Schedule V to the Companies Act, 2013 read with the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 as may be amended from time to time, the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”) and the Articles of Association of the Company and subject to all requisite consents and approvals, consent of the Members of the Company be and is hereby accorded to re-appoint Mr. Mahender Kumar Goel (DIN: 00041866) as Whole Time Director and Key Managerial Personnel (“KMP”) of the Company, for a period of five years with effect from 30th November, 2026 on the following terms and conditions: 1. Period of Appointment: 5 consecutive years (From November 30, 2026 to November 29, 2031). 2. Remuneration: (a) Annual Fixed Pay (inclusive of basic salary, perquisites, allowances): Upto Rs. 36,00,000/- (Rupees Thirty Six Lakh only), payable on monthly basis. (b) Other benefits: Leave encashment and other benefits as per the applicable policies and rules of the Company. 3. He shall also be entitled to reimbursement of all expenses incurred by him while performing his duties and such reimbursement will not form part of his remuneration. 4. He shall not be entitled for any sitting fee for attending [Showing first 8,000 characters — download PDF for full document]