Shareholders meeting

403, ROYAL WORLD SANSAR CHANDRA ROAD V. M. & ASSOCIATES JAIPUR—302 001 (RAJASTHAN) COMPANY SECRETARIES Phone: 0141 - 4075010 E-mail: cs.vmanda@gmail.com SCRUTINIZER’S REPORT The Chairman of 34th Annual General Meeting (“AGM”) of the Shareholders of Nitin Spinners Limited held on Monday, September 21, 2026 at 03:00 P.M. (IST) through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”). Sub: Consolidated Scrutinizer’s Report on Remote E-Voting & E-Voting conducted at the AGM The Board of Directors of Nitin Spinners Limited (hereinafter referred to as “the Company”) at its meeting held on Saturday, August 08, 2026 has appointed me as the scrutinizer for the remote e- voting process as well as to scrutinize the e-voting conducted at the AGM pursuant to Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 (as amended) (hereinafter referred to as “Rule 20”) and in accordance with Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The management of the Company is responsible to ensure compliance with the requirements of the Companies Act, 2013, Rules and circulars issued by the Ministry of Corporate Affairs (hereinafter referred to as “MCA”) and Securities and Exchange Board of India (hereinafter referred to as “SEBI”) relating to conducting of AGM through VC/OAVM and voting by electronic means for the resolutions contained in the Notice of the 34th AGM of the Equity Shareholders dated August 08, 2026. My responsibility as a Scrutinizer for the voting process of voting by electronic means is restricted to making a Consolidated Scrutinizer’s Report of the votes cast “in favor” and/or “against” the resolution stated in the notice of the AGM, based on the reports generated from the e-voting system provided by Central Depository Services (India) Limited, the Agency authorized under the Rules and engaged by the Company to provide remote e-voting facilities and e-voting facilities to vote at the AGM. Report on Scrutiny:  The Company had appointed Central Depository Services (India) Limited (hereinafter referred to as “CDSL” / “Service Provider”) as the service provider, for the purpose of extending the facility of remote e-voting and e-voting at the AGM to the shareholders of the Company. Bigshare Services Private Limited is the Registrar and Share Transfer Agents (hereinafter referred to as “RTA”) of the Company.  The Service Provider had provided a system for recording the votes of the Shareholders electronically on all the items of the business (both Ordinary and Special Business) sought to be transacted at the AGM of the Company.  The Service Provider had set up electronic voting facility on their website, https://www.evotingindia.com. The Company had uploaded the items of the business to be transacted at the AGM on the website of the Company and also of the Service Provider to facilitate their Shareholders to cast their vote through remote e-voting and e-voting at the AGM. Page 1 of 9 403, ROYAL WORLD SANSAR CHANDRA ROAD V. M. & ASSOCIATES JAIPUR—302 001 (RAJASTHAN) COMPANY SECRETARIES Phone: 0141 - 4075010 E-mail: cs.vmanda@gmail.com  Pursuant to General Circular No. 03/2025 dated September 22, 2025 and earlier circulars issued in this regard by MCA (collectively referred to as “MCA Circulars”), an advertisement was published in “Business Standard” (English newspaper) and in “Pratahkal” (vernacular language newspaper) on Thursday, August 13, 2026 specifying the date and time of the AGM, availability of the notice on Company's website and website of the Stock Exchanges, manner of registration of email IDs by the members (both physical and demat) who are yet to register their email IDs with the Depository Participant/Company, manner of voting through remote e-voting or through e-voting system at the AGM etc.  The internal cut-off date for the dispatch of the Notice of the AGM was Friday, August 21,2026 and as on that date, there were 31,938 Shareholders of the Company.  The Company informed that in compliance with the MCA Circulars and Regulation 36(1)(a) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and on the basis of the Register of Members and the list of Beneficial Owners made available by the RTA of the Company and the depositories viz., National Securities Depository Limited ("NSDL") and Central Depository Services (India) Limited ("CDSL") respectively, the RTA of the Company completed dispatch of Notice of AGM on Tuesday, August 25, 2026 by E-mail to 30,549 Members who had already registered their email IDs with the Company / Depositories.  In respect of 1,389 Members whose email IDs were not available, a letter providing the web-link for accessing the Annual Report was sent through post, in compliance with Regulation 36(1)(b) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015  The notices sent contained the detailed procedure to be followed by the Shareholders who were desirous of casting their votes electronically as provided in Rule 20.  As prescribed in clause (v) of sub rule 4 of Rule 20, the Company also released an advertisement, which was published more than 21 days before the date of the AGM in “Business Standard”, English newspaper in English language and in “Pratahkal”, vernacular newspaper in vernacular language on Friday, August 28, 2026. The notice published in the newspaper carried the required information as specified in Sub Rule 4(v) (a) to (h) of the said Rule 20.  The Cut-off date for the purpose of identifying Shareholders who will be entitled to vote on the resolutions placed for approval of the Shareholders was Monday, September 14, 2026.  The remote e-voting period remained open from Thursday, September 17, 2026 at 9:00 A.M. (IST) and ended on Sunday, September 20, 2026 at 05:00 P.M. (IST).  At the end of the voting period on Sunday, September 20, 2026 at 05:00 P.M., the voting portal of the Service Provider was blocked forthwith. The limited information for the Shareholders who have cast their votes, such as name, folio number of shares held was obtained from the Service Provider. Page 2 of 9 403, ROYAL WORLD SANSAR CHANDRA ROAD V. M. & ASSOCIATES JAIPUR—302 001 (RAJASTHAN) COMPANY SECRETARIES Phone: 0141 - 4075010 E-mail: cs.vmanda@gmail.com  The Company had also provided e-voting facility to the shareholders present at the AGM through VC / OAVM and who had not cast their vote earlier.  After declaration of voting at AGM by the Chairman, the shareholders present through VC voted using e-voting facility provided by CDSL/ Service Provider. As per the information given by the Company / RTA the names of the shareholders who had voted by remote e-voting through the facility provided by CDSL had been blocked and only those members who were present at the AGM through VC and who had not voted on remote e-voting were allowed to cast their votes through e-voting system during the AGM.  After closure of e-voting at the AGM, the votes cast through e-voting at the AGM and through remote e-voting prior to the date of AGM were unblocked and downloaded from the e-voting website of CDSL / Service Provider (https://www.evotingindia.com) in the presence of two witnesses, who are not in the employment of the Company as prescribed in Sub Rule 4(xii) of the said Rule 20. The e-voting data/results downloaded from the e-voting system of CDSL were scrutinized and reviewed, the votes were counted, and the results were prepared.  Based on the data downloaded from CDSL e-voting system, the total votes cast in favour or against all the resolutions proposed in the Notice of the AGM are as under: Page 3 of 9 403, ROYAL WORLD SANSAR CHANDRA ROAD V. M. & ASSOCIATES JAIPUR—302 001 (RAJASTHAN) COMPANY SECRETARIES Phone: 0141 - 4075010 E-mail: cs.vmanda@gmail.com [Showing first 8,000 characters — download PDF for full document]