Shareholders meeting

MBFSL/CS/2026-27 18th September 2026 To, To, Department of Corporate Relations, National Stock Exchange of India Ltd, BSE Limited, Exchange Plaza, C- 1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East), Dalal Street, Mumbai – 400001 Mumbai– 400051 Scrip Code: 543253 Scrip Symbol: BECTORFOOD Dear Sir/Madam, Sub: Disclosure of event pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015 - summary of proceedings of 31st Annual General Meeting of Mrs. Bectors Food Specialities Limited held on 18th September, 2026 Respected Sir/Madam, The 31st Annual General Meeting (‘AGM’) of the Members of Mrs. Bectors Food Specialities Limited (the ‘Company’) was held on Friday 18th Day of September 2026 at 11.00 AM IST by way of Video Conferencing/Other Audio Visual Means (‘VC/OAVM’) in accordance with the circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India (‘SEBI’) in addition to the applicable provisions of Companies Act, 2013 (the ‘Act’) and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Rules made thereunder. The meeting commenced at 11:02 am IST and welcome speech was delivered by Mr. Atul Sud, Company Secretary and Compliance Officer of the Company and he introduced all the Members panelist and confirmed, from where they are joining this meeting. It was confirmed that Mr. Rajiv Dewan, Chairman of the Audit Committee, Nomination and Remuneration Committee and the Stakeholders Relationship Committee is present at the meeting. Further, Mr. Tarun Gupta and Mr. Karan Tibrewal from- Walker Chandiok & Co LLP, Chartered Accountants, as Statutory Auditors of the Company and Mr. Bhupesh Gupta, Practising Company Secretary, representative of B.K. Gupta & Associates as scrutinizer were also present at the Meeting. As per the records of attendance, 53 members attended the meeting. The requisite quorum being present, the Chairman called the Meeting to order. Mr. Atul Sud took the Notice of the 31st Annual General Meeting together with the Financial Statements as on March 31, 2026 and Directors’ Report be taken as read. He informed that as per the Companies Act, 2013, and applicable Secretarial Standards by Institute of Company Secretaries of India, the Auditors Report and Secretarial Audit Report are required to be read only when there are qualifications or adverse observations or comments in the Report and there were no qualifications, observations or comments in the Audit Report and Secretarial Audit Report. The Company had provided remote e-voting facility through MUFG Intime India Private Limited (formerly Link Intime India Private Limited). The remote e-voting period commenced on 9.00 A.M. on 15th September, 2026 and ended on 17th September, 2026 at 5.00 P.M. Further, B.K. Gupta & Associates, Company Secretaries have been appointed as the Scrutinizer to scrutinize the e-voting process in a fair and transparent manner. The Combined results of remote e-voting, and Online-Voting conducted at the meeting, would be declared by Chairman of this meeting, within 2 days from the conclusion of this meeting. On intimation to stock exchanges, the results shall also be uploaded on the Company’s website along with the report of Scrutinizer and on the Website of MUFG Intime. Further, Mr. Atul Sud invited Mr. Ashish Agarwal, Chairman to address the members. The Chairman then delivered his official address to the Members: Good morning all, A very warm welcome to our shareholders, directors and investors to the 31st Annual General Meeting. It gives me immense pleasure to place before you the key highlights of your Company’s performance for the FY 2026. FY2026 will be remembered as a defining year in the evolution of Mrs. Bectors. Over the last four financial years, we have transformed the enterprise by achieving more than 2x revenue growth, delivering a compounded annual revenue growth of 20% over the period. More importantly, we have strengthened the capabilities that will shape our future, our manufacturing footprint, brands, distribution network, organizational depth and operational excellence. This progress was achieved during one of the most dynamic operating environments our industry has experienced in recent years. The year opened amid uncertainty surrounding global tariffs, witnessed temporary channel disruptions arising from the implementation of GST 2.0 and concluded against the backdrop of the major geopolitical tensions in West Asia that impacted exports, logistics and input costs. Inflation across palm oil, packaging materials, fuel and labour further intensified cost pressures across the value chain. Despite difficult setting, our focus remained unwavering term. Rather than responding with short- measures alone, we focused on executing against our long-term strategic priorities. We continued investing in manufacturing, strengthening our brands, expanding our market presence and enhancing our organisational capabilities, even as the external environment remained challenging. As a result, consolidated revenue for the reporting year increased by 9.1% to around ₹2,044 crore, while EBITDA stood at around ₹258 crore and profit after tax at around ₹141 crore. Though profitability remained under pressure from elevated input costs and commissioning expenses associated with our expansion program, these investments were deliberate and are expected to strengthen operating leverage over the coming years. Our Bakery business continued to demonstrate exceptional momentum, delivering 14% annual growth and reinforcing its position as a key driver of our future portfolio. Growth was supported by continued premiumisation, stronger retail penetration, institutional demand and strategic regional expansion. During the year, we successfully commissioned our Kolkata bakery facility, establishing a significant manufacturing presence in Eastern India and boosting our ability to serve general trade, modern trade and institutional customers across the region. Major expansion took place at our Khopoli (Mumbai) bakery facility too during the fourth quarter, further strengthening our manufacturing network. The English Oven brand continued to deepen its presence in existing markets while successfully entering Hyderabad, expanding our footprint in one of India's most attractive bakery markets. Product innovation remained an important growth lever, with the launch of Protein Bread under our NaturBaked portfolio responding to evolving consumer preferences for healthier, functional nutrition. We also expanded our premium offerings through the launch of Cheesecake Jars, reflecting the growing consumer preference for indulgent, ready-to-eat dessert experiences. Our Biscuit business demonstrated resilience in an environment shaped by export disruptions and domestic market adjustments. Despite these headwinds, the business delivered steady annual growth while maintaining its leadership across premium and value-added segments. Our diversified portfolio, strong customer relationships and disciplined execution enabled us to navigate the challenges while continuing to strengthen our presence across domestic and international markets. International business remains an important pillar of our growth strategy. Today, our products reach consumers in 70+ countries, reflecting years of sustained investment in quality, trade partnerships and market development. While geopolitical disruptions temporarily affected exports during the second half of the year, we remain confident in the long-term opportunities that global markets present for our brands. The year also represented a milestone in strengthening our route to market We expanded across traditional trade, modern retail, institutional channels and quick commerce, recognising the evolving consumer purchasing behaviour. Specifically, our collaborations with Blinkit during key seasonal campaigns enhanced our brand visibility a [Showing first 8,000 characters — download PDF for full document]