Shareholders meeting

PHONES : 91-129-4296500 E mail : sales@studds.com, info@studds.com, secretarial@studds.com CIN No.: L25208HR1983PLC015135 Date: September 05, 2026 To, To, National Stock Exchange of India Ltd., BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Dalal Street Bandra (E), Mumbai – 400 051 Mumbai- 400001 NSE Scrip Symbol: STUDDS BSE Scrip Code: 544599 Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015-Summary of Proceedings of the 44th Annual General Meeting of the Company Dear Sir/ Ma’am, In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the 44th Annual General Meeting (“AGM”) of the Members of the Company was held today, i.e. Saturday, September 05, 2026, through video conferencing. The AGM commenced at 04:00 P.M. (IST) and concluded at 05:11 P.M. (IST) (excluding time allowed for e-voting at the AGM). Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Part A of Schedule III thereto, please find enclosed the summary of proceedings of the AGM and a presentation highlighting the Company’s business performance and other developments presented during the AGM. This information will also be available on the website of the Company at www.studds.com under Investor Relations’ Section. This is submitted for your information & records. Thanking You, FOR STUDDS ACCESSORIES LIMITED ASHA MITTAL Company Secretary and Compliance Officer Encl.:- As above PHONES : 91-129-4296500 E mail : sales@studds.com, info@studds.com, secretarial@studds.com CIN No.: L25208HR1983PLC015135 SUMMARY OF PROCEEDINGS OF THE 44TH ANNUAL GENERAL MEETING (AGM) OF THE STUDDS ACCESSORIES LIMITED (“COMPANY”) The 44th Annual General Meeting (“AGM”) of the Members of Company was held today, i.e. Saturday, September 05, 2026, at 04:00 P.M. (IST) through video conferencing (“VC”) in compliance with the provisions of the Companies Act, 2013, read with rules made thereunder, the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and applicable circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India, from time to time, in this regard. A total of 80 members attended the AGM. The requisite quorum was confirmed as present. The Register of Directors and Key Managerial Personnel and their shareholding maintained under Section 170 of the Companies Act, 2013, the Register of Contracts or Arrangements in which Directors are interested maintained under Section 189 of the Companies Act, 2013, and all other documents as referred to in the Notice and the Explanatory Statement, including the Studds Accessories Limited Employee Stock Option Scheme 2026 were made available electronically for inspection. The AGM commenced at 04:00 P.M. (IST) and concluded at 05:11 P.M. (IST) (excluding time allowed for e-voting at the AGM). Directors present through VC: 1 Mr. Madhu Bhushan Khurana – Chairman & Managing Director of the Company 2 Mr. Sidhartha Bhushan Khurana – Managing Director of the Company 3 Ms. Shilpa Arora – Whole-time Director of the Company 4 Mr. Shishira Rudrappa – Independent Director of the Company and Chairperson of the Stakeholders’ Relationship Committee and Nomination and Remuneration Committee and representative for the Audit Committee. In Attendance: 1 Mr. Bharat Goyal – Chief Financial Officer 2 Ms. Asha Mittal – Company Secretary and Compliance Officer 3 Mr. Rajan Chhabra- Partner, M/s Rajan Chhabra & Co., Statutory Auditor 4 Mr. Shashikant Tiwari-Partner, Chandrasekaran Associates, Secretarial Auditor & Scrutinizer. Mr. Madhu Bhushan Khurana, Chairman & Managing Director of the Company, chaired the proceedings of the AGM. Mr. Madhu Bhushan Khurana welcomed the Members at the AGM and Directors and the management team present, introduce themselves. It was also confirmed about the presence of the representative(s) of the Statutory Auditor, the Secretarial Auditor and Scrutinizer, at the AGM. It was confirmed during the meeting that the requisite quorum was present at the meeting. PHONES : 91-129-4296500 E mail : sales@studds.com, info@studds.com, secretarial@studds.com CIN No.: L25208HR1983PLC015135 The Chairman then addressed the Members and delivered his speech. Thereafter, Mr. Sidhartha Bhushan Khurana addressed the Members. A presentation highlighting the Company’s business performance and other developments was also presented during the AGM by him. The Annual Report containing the Financial Statements for financial year 2025-26, Board’s Report along with its annexures, Statutory Auditor’s reports and other reports along with the Notice of the meeting circulated to the members were taken as read. Since there were no qualifications, observations, comments or remarks on financial transactions or matters which have any adverse effect on the functioning of the Company or otherwise in the Standalone and Consolidated Statutory Audit Reports and in the Secretarial Audit Report for the financial year ended March 31, 2026, the reports were taken as read. With the permission of the Chairman, the Company Secretary & Compliance Officer briefed the Members on the resolutions set forth in the Notice of the AGM: Item Agenda Item Type of No. Resolution Ordinary Business 1 To receive, consider and adopt (a) the audited standalone Ordinary financial statements of the Company for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors along with its annexures and notes thereon; and (b) the audited consolidated financial statements of the Company for the financial year ended on March 31, 2026 and the report of Auditors and notes thereon 2 To declare Final Dividend of Rupees Three per Equity Share (i.e. Ordinary 60% of face value of Rs. 5/- per share) for the Financial Year 2025-26. 3 To re-appoint Ms. Shilpa Arora (DIN: 10733950) who retires by Ordinary rotation, and being eligible, offers herself for re-appointment. Special Business 4 To approve the introduction, implementation and administration Special of the ‘Studds Accessories Limited Employee Stock Option Scheme 2026’ in compliance with Section 62(1)(b) of the Companies Act, 2013, SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, FEMA, and other applicable laws. 5 To approve grant of ESOP Options to Eligible Employees of Special Subsidiary Companies, in India or outside India, under the ‘Studds Accessories Limited Employee Stock Option Scheme 2026’. PHONES : 91-129-4296500 E mail : sales@studds.com, info@studds.com, secretarial@studds.com CIN No.: L25208HR1983PLC015135 It was apprised by the Chairman that the objectives and implications of each of these resolutions are set out in the Notice and, for the special business, in the Explanatory Statement annexed to it. Items 1 to 3 are the routine annual items. Items 4 and 5 relate to the Employee Stock Option Scheme 2026 and its extension to employees of subsidiaries, intended to retain and reward company’s people by aligning them with shareholders; both require a special resolution. The floor was opened for questions for shareholders who had registered as speakers and they raised queries and the Managing Director of the Company responded to the questions of the speaker shareholders and had provided satisfactory clarifications to them. Ms. Asha Mittal, Company Secretary and Compliance Officer has informed that Chandrasekaran Associates, Company Secretaries has been appointed as Scrutinizer to scrutinise the remote e-voting and the e-voting at this Meeting in a fair and transparent manner and the voting results will be declared within two working days and will be made available on the Company’s website, website of MUFG Intime India Private Limited as well as of the Stock Exchanges i.e., BSE Limited a [Showing first 8,000 characters — download PDF for full document]