Shareholders meeting

Date: September 18, 2026 To, To, National Stock Exchange of India Limited BSE Ltd Exchange Plaza, C-1, Block G, Phirozee Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Fort, Mumbai - 400 001 Bandra (East) Mumbai- 400051 BSE Scrip Code: 544230 NSE Scrip Code: SSDL Subject: Proceedings of the 6th Annual General Meeting (‘AGM’) of Saraswati Saree Depot Limited (‘the Company’) Dear Sir / Madam, We hereby submit, pursuant to Part A of Schedule III under Regula(cid:415)on 30 of SEBI (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015, the proceedings of the 6th AGM of the Company held today i.e. Friday, September 18, 2026, at 04:00 P.M. IST, through Video Conferencing (VC)/Other Audio Visual Means (OAVM) in accordance with the applicable provisions of the Companies Act, 2013 read with Rules made thereunder, relevant circulars issued by the Ministry of Corporate Affairs (‘MCA’) and the Securi(cid:415)es and Exchange Board of India (‘SEBI’), for transac(cid:415)ng the business men(cid:415)oned in the AGM no(cid:415)ce dated August 14, 2026 convening the AGM. Kindly take the same on record. Thanking You, Yours Sincerely, FOR SARASWATI SAREE DEPOT LIMITED Vidhi Bharat Oswal Company Secretary & Compliance Officer Membership No.: A77054 Place: Kolhapur Date: 18.09.2026 PROCEEDINGS OF 6TH ANNUAL GENERAL MEETING OF SARASWATI SAREE DEPOT LIMITED (“THE COMPANY”) The 6th Annual General Mee(cid:415)ng (‘AGM’) of Saraswa(cid:415) Saree Depot Limited (‘the Company’) was held today i.e. Friday, September 18, 2026 at 4.00 P.M. IST through Video Conferencing / Other Audio-Visual Means (‘VC/OAVM’). The AGM commenced at 4:00 P.M. IST. The Mee(cid:415)ng was conducted in accordance with relevant Circulars issued by the Ministry of Corporate Affairs (‘MCA’) and the Securi(cid:415)es and Exchange Board of India (‘SEBI’). The Company had taken all the requisite steps to enable Members to par(cid:415)cipate and vote on the items of businesses considered at the AGM. Further, the Registers as required under the Companies Act, 2013 and other documents were available for inspec(cid:415)on in electronic mode. Ms. Vidhi Bharat Oswal, Company Secretary and Compliance Officer of the Company welcomed all the Members and briefed them on certain points rela(cid:415)ng to par(cid:415)cipa(cid:415)on at the Mee(cid:415)ng through VC. The Board of Directors had appointed Mr. Devendra V. Deshpande, proprietor, of M/s. DVD & Associates, Prac(cid:415)cing Company Secretary, as a scru(cid:415)nizer for scru(cid:415)nizing the remote e-Vo(cid:415)ng process as well as e-Vo(cid:415)ng at the AGM in a fair and transparent manner. The requisite quorum being present, with the permission of Chairman the Mee(cid:415)ng was called to order. Then, Ms. Vidhi Bharat Oswal, Company Secretary and Compliance Officer of the Company introduced the Directors and the Chief Financial Officer of the Company who were present. She informed that Mr. Vinod Dulhani, Managing Director & CEO of the Company, was granted leave of absence. The representa(cid:415)ve of Statutory Auditor and Secretarial Auditor were also present at the Mee(cid:415)ng through VC. She further informed to the members that the No(cid:415)ce of 6th AGM of the Company and Annual Report for the financial year ended March 31, 2026 was sent electronically to the members whose email addresses were registered with the Depository Par(cid:415)cipant (‘DP’) and le(cid:425)ers were sent to the members whose email addresses were not registered with DP. The Members were informed that the Secretarial Auditor have unqualified opinion in their audit report for the financial year 2025-26. Whereas, there is one qualification in the report of Statutory Auditor to which the Board has appropriately replied. With the permission of the Members, the Notice and audit reports from the statutory auditor and secretarial auditor was taken as read. She further informed that the Company had provided through Bigshare Services Private Limited the facility of remote e-Voting which commenced on Tuesday, September 15, 2026 at 09:00 A.M. IST and ended on Thursday, September 17, 2026 at 05:00 P.M. IST and also a facility of e- Voting during the AGM for members of the Company to cast their votes electronically was made available, for those members who had not voted earlier through remote e-Voting. She then requested Mr. Rajesh Dulhani, Chairman of the Company to address the Shareholders. Mr. Rajesh Dulhani, Chairman, delivered his speech and also addressed the members on behalf of the CEO & Managing Director. He briefed the Shareholders on the Company’s heritage, future outlook of the tex(cid:415)les industry and the vision at Saraswa(cid:415) Saree Depot Limited. Addressing on behalf of the CEO & Managing Director as well, the Chairman highlighted the Company’s key developments, including the performance of the 15,000 sq. ft. flagship retail outlet in Kolhapur launched in June 2025, the pilot entry into the men’s ethnic wear segment during the festive season, and the amendment to the Memorandum of Association to include real estate development as an additional object approved with 99.95% shareholder votes. For FY26, the Company reported Revenue from Operations of ₹6,311.62 million, EBITDA of ₹378.08 million, and Profit After Tax of ₹234.06 million. The Company remained net debt-free with finance costs declining by 56% and declared an interim dividend of ₹1.515 per share. He further emphasized strategic initiatives in product innovation, supply chain efficiency, digital adoption and e-commerce, with priorities for FY27 focused on working capital optimization, margin enhancement, scaling retail and men’s ethnic wear initiatives, prudent evaluation of real estate opportunities and strengthening governance standards. Then Ms. Vidhi Bharat Oswal, Company Secretary and Compliance Officer informed the members about certain aspects pertaining to ques(cid:415)ons and answers. Then the floor was open for discussion with the registered speakers. The queries made by the Shareholders were duly responded by Mr. Rajesh Dulhani, Chairman of the Company and the formali(cid:415)es pertaining to e-Vo(cid:415)ng was informed followed by vote of thanks. The following items of business, as set out in No(cid:415)ce convening the AGM were placed before the members for considera(cid:415)on and approval: Item No. Brief Description Type of business and resolution required 1. To receive, consider and adopt the Audited Ordinary Business requiring Standalone Financial Statements of the Company Ordinary resolution for the Financial Year ended March 31, 2026, together with Report of Board of Directors and Auditors thereon. 2. To appoint a director in place of Mr. Mahesh Ordinary Business requiring Sajandas Dulhani (DIN: 01810089) who retires by Ordinary resolution rotation and being eligible, offers himself for re- appointment. 3. To consider and appoint PPC & Co, Chartered Ordinary Business requiring Accountants (FRN: 136439W) as the Statutory Ordinary resolution Auditors of the Company for 5 years 4. To approve the re-appointment of Mr. Yatiraj Special Business requiring Marda (DIN: 10174363) as an Independent Director Special resolution of the Company for 5 years 5. To approve the re-appointment of Mr. Amar Thorat Special Business requiring (DIN: 02223782) as an Independent Director of the Special resolution Company for 5 years Ms. Vidhi Bharat Oswal, Company Secretary and Compliance Officer, further informed the members present that the consolidated results of the vo(cid:415)ng will be declared within the applicable (cid:415)melines and will be available on the website of the Company (www.saraswa(cid:415)sareedepot.com), website of the Stock Exchanges i.e. Na(cid:415)onal Stock Exchange of India Limited (NSE) and BSE Limited (BSE) at www.nseindia.com and www.bseindia.com respec(cid:415)vely and on the website of Bigshare Services Private Limited at h(cid:425)ps://i [Showing first 8,000 characters — download PDF for full document]