Shareholders meeting

10th July, 2026 The General Manager-Department of The Manager-Listing Department, Corporate Services, National Stock Exchange of India Limited, BSE Limited, "Exchange Plaza", 5th Floor, Plot No.C/1, Phiroze Jeejeebhoy Towers, G Block, Bandra-Kurla Complex, Dalal Street, Mumbai - 400 001. Bandra (East), Mumbai – 400 051. Scrip Code : 530999 Symbol : BALAMINES Dear Sir/Madam, Sub.: Proceedings of 38th Annual General Meeting of the Company Ref.: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 We wish to inform you that the 38th Annual General Meeting (AGM) of the Company was held on Friday, 10th July, 2026 at 12:00 Noon IST through Video Conference (VC) / Other Audio-Visual Means (OAVM) in compliance with the MCA General Circular dated 22nd September, 2025 and SEBI Circular dated 3rd October, 2024 issued by the Securities and Exchange Board of India and any other previous circulars issued thereof, and relevant provisions of the Companies Act, 2013 (“the Act”) and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”). In this regard, please find below the summary of the proceedings of the AGM: The following were present at the AGM: Mr. Ande Prathap Reddy Executive Chairman Mr. Dundurapu Ram Reddy Managing Director Mr. Rajeshwar Reddy Nomula Whole-time Director Mr. Ande Srinivas Reddy Whole-time Director & CFO Dr. Suhasini Yatin Shah Independent Director Dr. Uma Rajiv Pradhan Independent Director Mr. Adabala Seshagiri Rao Independent Director Mr. Abhijeet S. Kothadiya Company Secretary & Compliance Officer Mr. Mohit Gurjar Scrutinizer and Partner, M/s. P S Rao & Associates, Secretarial Auditors of the Company Mrs. Madhuri Chimalgi Partner, M/s. M. Anandam & Co., Statutory Auditors of the Company Mr. M. V. Ranganath Partner, M/s. M. Anandam & Co., Statutory Auditors of the Company Mr. Ande Prathap Reddy, Executive Chairman of the Company chaired the AGM. 68 members were present at the AGM. The Company Secretary welcomed all the shareholders and informed that the 38th Annual General Meeting of the company is being conducted through VC/OAVM as per the guidelines issued by the Ministry of Corporate Affairs and the Securities & Exchange Board of India. The Chairman then welcomed shareholders and acknowledged the presence of other Directors. After ascertaining from the Company Secretary that the requisite quorum was present at the AGM, the Chairman called the meeting to order and asked Company Secretary to continue with the rest of the proceedings of the meeting. With the permission of the members present, the Notice convening the 38th AGM along with the Audited Financial Statements, including Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2026 and the Report of Board of Directors and Auditors thereon, being already circulated taken as read. It was further informed that the Auditor's report on the said Financial Statements and Secretarial Auditors Report for the Financial Year ended 31st March, 2026 did not have any qualifications, observations or comments or other remarks. Then, the Auditor’s Report and Secretarial Audit Report for the financial year ended 31st March, 2026, was taken as read. The Company Secretary thereafter informed the members the following: ⮚ Pursuant to the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 as amended from time to time and Regulation 44 of SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015 and the Secretarial Standard on General Meetings issued by the Institute of Company Secretaries of India, the Company had provided remote e-voting facility to the shareholders of the Company in respect of business to be transacted at the 38th AGM of the Company. ⮚ The remote e-voting period was commenced on Tuesday, 7th July, 2026 (at 9.00 A.M. IST) and ended on Thursday, 9th July, 2026 (at 5.00 P.M. IST) ⮚ Members who had not casted their vote through e-voting facility, to cast their votes in respect of the resolutions proposed in the notice during the AGM. Facility to vote during AGM and upto 15 minutes post AGM, was provided to Members through NSDL platform. ⮚ Mr. Mohit Gurjar, Practising Company Secretary, was appointed as the Scrutinizer for the e- voting process (Remote e-voting and e-voting at the AGM) to scrutinize the e-voting process in a fair and transparent manner. The resolutions proposed were as follows: Ordinary Business: 1. To receive, consider and adopt the Audited Financial Statements including Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2026 and the Reports of the Board of Directors and Auditors thereon. 2. To declare dividend of Rs. 11 per Equity Share for the Financial Year 2025-26. 3. To appoint a Director in place of Mr. Ande Srinivas Reddy (DIN: 03169721), Whole-time Director of the Company, who retires by rotation and, being eligible, offers himself for re-appointment. Special Business: 4. Ratification of Remuneration to Cost Auditors for the Financial Year 2026-27 The Chairman then addressed the members and gave an overview of the Company's performance and its future outlook. Thereafter, the Company Secretary requested the shareholders who has registered as speaker shareholders to express their view or ask questions. Mr. Dundurapu Ram Reddy, Managing Director of the Company appropriately responded to the queries/suggestions raised by the speaker shareholders. The Company Secretary informed that the e-voting facility would be kept open for 15 minutes after the conclusion of meeting to enable members to cast their vote. Thereafter, the Chairman announced that the scrutinizer will submit his report on voting after considering the results of remote e-voting and e-voting at the AGM within stipulated time and the same will be disseminated to the Stock Exchanges within 2 working days from the conclusion of meeting and will also be uploaded on the Company's website. The Meeting then concluded with a vote of thanks. The AGM Commenced at 12:00 Noon and concluded at 12:35 P.M. This is for your information and records. Thanking you. For Balaji Amines Limited Abhijeet Kothadiya Company Secretary & Compliance Officer