Shareholders meeting

Prostarm/Secretarial/2026-27/58 September 11, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Mumbai – 400 001 Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Scrip Code: 544410 Scrip Symbol: PROSTARM Sub: Outcome of 19th Annual General Meeting (‘AGM’) of Prostarm Info Systems Limited (“the Company“) held on Friday, September 11, 2026. Ref: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements Regulations), 2015 (the “SEBI Listing Regulations”) Dear Sir/Madam, This is to inform you that the 19th AGM of the members of the Company held on Friday, September 11, 2026 at 3.00 p.m. (IST) through Video Conferencing / Other Audio Visual Means. Further, as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclose herewith a summary of proceedings of 19th AGM. The Annual Report containing the Notice is available on the website of the Company at www.prostarm.com. Kindly take the above information on record. Thanking you, For Prostarm Info Systems Limited Sachin Gupta Company Secretary and Compliance officer Membership No: F12500 Encl: as above Summary of proceedings of 19th Annual General Meeting of Prostarm Info Systems Limited The 19th Annual General Meeting (“AGM”) of the Members of Prostarm Info Systems Limited (“the Company”) was held on Friday, September 11, 2026 through Video Conferencing (“VC”)/ Other Audio Visual Means (“OAVM”), in accordance with various circulars of the Ministry of Corporate Affairs (“MCA”) and Securities Exchange Board of India (“SEBI”). Upon confirming the presence of the requisite quorum, the meeting commenced at 03.00 p.m. (IST) and concluded at 04.20 p.m. (IST) (including the 15 minutes time allowed for e-voting at the AGM). The meeting was chaired by Mr. Tapan Ghose, Chairman & Managing Director of the Company. Members of the Board and the Senior leadership in Attendance: Name Designation Particulars Chairman & Managing Attended the meeting through VC from Registered Tapan Ghose Director Office at Navi Mumbai Attended the meeting through VC from Vikas Agarwal Whole-time Director Ahmedabad, Gujarat Independent Director Attended the meeting through VC from Gurugram, Bhargav Chatterjee Haryana Attended the meeting through VC from Kolkata, Goutam Paul Independent Director West Bengal Independent Director Attended the meeting through VC from Surat, Shivkumar Baser Gujarat Ganesh Pansari Independent Director Attended the meeting through VC from Surat, Gujarat Abhishek Jain Chief Financial Officer Attended the meeting through VC from Registered Office at Navi Mumbai Sachin Gupta Company Secretary Attended the meeting through VC from Registered and Compliance Officer Office at Navi Mumbai Other Representatives: The Following officials attended the meeting through video conference from their respective locations: ➢ Mr. Aman Gaud on behalf from M/s Mansaka Ravi & Associates - Statutory Auditor of the Company; ➢ Mr. Sandeep Parekh, from M/s. Sandeep P Parekh & Co. – Secretarial Auditor of the Company & and Scrutinizer for the AGM and; ➢ Mr. Ronak Mukesh Shah - Internal Auditor of the Company. Members Present: 48 Members attended the meeting through VC. At the outset, Mr. Sachin Gupta, Company Secretary extended a warm welcome to the Shareholders present at the meeting and introduced all the Directors and senior leadership members present at the meeting. He then communicated the general instructions to the Shareholders present regarding participation and voting at the Meeting. He informed that the Registered Office of the Company situated at Plot No. EL 79, Electronic Zone, TTC, MIDC, Mahape, Navi Mumbai, Thane – 400 710, Maharashtra, India shall be deemed to be the venue for the AGM. He further informed that the remote e-voting period commenced on September 08, 2026 at 9:00 a.m. and ended on September 10, 2026 at 5:00 p.m and the Company had also provided the facility of e- voting during the AGM. Upon confirming the presence of the requisite quorum, he called the meeting to order and informed the Members that the Statutory Registers and other relevant documents were available for inspection. After that, Mr. Sachin Gupta, Company Secretary requested Chairman & Managing Director, Mr. Tapan Ghose to deliver his speech. The Chairman then welcomed the Shareholders to the 19th Annual General Meeting and briefly highlighted the Company’s journey, key business developments and performance during the year. He highlighted the Company’s manufacturing expansion, strategic focus on Battery Energy Storage Systems and the growth opportunities arising from India’s evolving power and energy landscape. He also outlined the Company’s future growth priorities and expressed sincere appreciation to the shareholders for their continued trust and support. Following this, the Company Secretary invited the Chief Financial Officer, Mr. Abhishek Jain, to present the financial highlights for the year. The Chief Financial Officer, Mr. Abhishek Jain, presented the financial highlights of the Company for FY 2025–26. He highlighted the Company’s standalone and consolidated revenue and profitability growth during the year and apprised the Members of the impact of temporary supply chain disruptions and manufacturing challenges during Q4 FY2025–26. He also briefed the Members on the increase in working capital and receivables, collections commenced during H1 FY2026–27, key orders secured from leading organisations, and the Company’s executable order book of over ₹1,100 crore. He further briefed the Members on the upcoming BESS facility at Jhajjar, Haryana, and UPS manufacturing facility at Bakrol, Gujarat, the Company’s digital transformation journey through the implementation of SAP Business One and Salesforce, improvement in the debt-equity ratio following the successful public listing, and the proposed fund raising of approximately ₹42.61 crore through the issue of fully convertible warrants on a preferential basis. He emphasised the Company’s focus on profitable growth, cash generation, financial discipline, operational efficiency, prudent deployment of capital and strengthening capabilities for sustainable long-term growth and value creation for shareholders. Concluding his address, he expressed sincere appreciation to the shareholders, customers, employees, suppliers and channel partners for their continued trust and support, and subsequently handed the proceedings back to the Company Secretary. With the permission of the Members, the Notice of the meeting and Annual Report 2025-26 were taken as read. The Members were informed that the Statutory Auditors’ Report had no adverse remarks and the same was thus taken as read. The following items of business, as set out in the Notice convening the Meeting were commended for members consideration and approval: ORDINARY BUSINESS: Item no: 1: To receive, consider and adopt the audited standalone and consolidated financial statements of the Company for the financial year ended March 31, 2026 together with the reports of Board of Directors and of Auditors thereon- Ordinary Resolution. Item no: 2: To Re-appoint Mr. Ram Agarwal (DIN: 01739245) as a Director of the Company, liable to retire by rotation, who had offered himself of reappointment- Ordinary Resolution. Item no: 3: To Appoint M/s Valawat and Associates as the Statutory Auditors of the Company- Ordinary Resolution. SPECIAL BUSINESS: Item no: 4: To Ratify the Remuneration payable to M/s Y R Doshi & Company, Cost Auditor for the Financial Year 2026-27- Ordinary Resolution. Item no: 5: To Alter the Objects Clause of the Memorandum of Association of the Company- Special Resolution. Item no: 6: To Issue Fully Convertible Warrants Convertible into Equity Shares of the Company on Preferential Basis. - Special Resolution. Thereafter, Mr. Sachin Gupta, Company Secretary invited the Membe [Showing first 8,000 characters — download PDF for full document]