We hereby submit the 35th Annual Report of the Mahalaxmi Fabric Mills Limited.

MnHeLAxMI Fnenlc MILLs LITUITED Ref: MFM L/CS/Corresp ondencel2026-21 l2Z Date: September 06. 2026 BSE LIMITED NATIONAL STOCK EXCHANGE OF INDIA LIMITED Ph i roze Jeej eebhoy Tou,ers, Exchange Plaza, Plot No. C/1, C - Block, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai - 400 001, Mumbai - 400 051. Maharashtra, Maharashtra, India. India. SCRIPT CODE: 544233 SYMBOL: MFML Sub AnnualReport - Regulation 34 of the SEBI (LODR) Regulations, 2015 Dear Sir/Madarn, As required under Regulation 30 and Regulatiorr 34 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations,20l5,we subrnit herewith the Annual Report of the Company for the Financial Year 2025-26,along with the Notice conveping t6e 35rr, Annual Getteral Meeting scheduled to be hetd on Wednesday, Septernb er 30.2026, at 02:30 p.m. (lST), through Video Conferencing ("VC") / other Audio Visual Means ("OAVM") in accordance with the relevant Circulars issued by{he Ministry of Corporate Affairs and the Securities and Exchange Board of India. Kindly take the same on recorcl and oblige. Thanking you, Yours faithfully, FOR. JVIAHAI,AXMI FABRIC HILEITY N4ASHRANI CON{PANY SECRET Y I C S I iI{ E ]VIBERI-{}I IP O.: A79903 Encl.:- Ar:'tr-ral Report Cornpany for the Financlal year 2025-26 REGD. OFFICE: WORKS: MAHALAXMI HOUSE, YSL OPP KETAV PETROT PUMP ISANPUR ROAD NEAR NAROL CHAR RASTA, NAROL, POLYTECHNIC ROAD, AHMEDABAD 380 015, INDIA. AHMEDABAD-382 405. INDIA CTE INL :E P 11H 7O 1N 0E 0: G + J19 97 9- 17 P9 1 4 C0 00 10 5 38 40 500 MAIL: wm wfm w@ mam ha ah laa xla mx im gri og uro pu .np e.n t/e Mt FML T EE - MLE A P I LH :O w N o E rk: s+ @ 9 I m -7 a 9 h - a 2 l9 a7 x mOO ig5 r3 oL u, p2 .9 n7 e O tO532, 297 OO5 3 3 M F M L AHALAXMI ABRIC ILLS IMITED ANNUAL REPORT 2025-26 M F M L AHALAXMI ABRIC ILLS IMITED (Formerly knonw as “Sonnet Colours Pvt Ltd”) (CIN : L17100GJ1991PLC015345) CORPORATE INFORMATION BOARD OF DIRECTORS Shri Jeetmal B. Parekh (DIN : 00512415) Chairman Non-Executive-Non-Independent Director Shri Rahul J. Parekh (DIN : 00500328) Non-Executive-Non-Independent Director Shri Anand J. Parekh (DIN : 00500384) Managing Director Smt. Sangita S. Shingi (DIN : 06999605) Non-Executive-Independent Director Smt. Indra B. Singhvi (DIN : 07054136) Non-Executive-Independent Director Shri Nehal M. Shah (DIN : 00020062) Non-Executive-Independent Director CHIEF FINANCIAL OFFICER FACTORY Smt. Rajshree Raol Mahalaxmi Fabric Mills Limited Isanpur Road, Near Narol Char Rasta, Narol, Ahmedabad – 382 405. COMPLIANCE OFFICER Ms. Hilery Mashrani (ICSI Membership No.: - A79803) (W.e.f May 14, 2026) REGISTRAR & SHARE TRANSFER AGENT MUFG Intime India Private Limited 5th Floor, 506-508, Amarnath Business Centre-1, (Abc-1), STATUTORY AUDITORS Beside Gala Business Centre, M/s. Jain Chowdhary & Co. Near St. Xavier’s College Corner, (Firm Registration No.: - 113267W) Off. C. G. Road, Ellisbridge. Ahmedabad-380006. INTERNAL AUDITORS M/s. D. Trivedi & Associates BANKER (Firm Registration No.: 0128309W) Bank of Baroda SECRETARIAL AUDITOR M/s. Rohit Periwal & Associates WEBSITE (Membership No:- FCS12203 and CoP No.:- 22021) https://www.mahalaxmigroup.net/MFML (w.e.f - July 28, 2026) REGISTERED OFFICE “Mahalaxmi House”, LISTED AT YSL Avenue, Opp. Ketav Petrol Pump, BSE Limited Polytechnic Road, Ambawadi, National Stock Exchange of India Limited Ahmedabad-380 015 NOTICE OF 35TH AGM CIN:- L17100GJ1991PLC015345 Registered office:- “Mahalaxmi House”, YSL Avenue, Opp. Ketav Petrol Pump, Polytechnic Road, Ambawadi, Ahmedabad – 380 015, Gujarat. Website:- https://www.mahalaxmigroup.net/MFML; Ph. No.:- 079 – 4000 8000; E-mail Id:- cs@mahalaxmigroup.net NOTICE OF ANNUAL GENERAL MEETING NOTICE is hereby given that the 35th Annual General Meeting (“AGM”) of Mahalaxmi Fabric Mills Limited will be held, through Video Conferencing (“VC”) / Other Audio-Visual Means (“OVAM”), on Wednesday, the 30th Day of September, 2026, at 02:30 p.m., to transact the following businesses:- ORDINARY BUSINESSES:- 1. TO RECEIVE, CONSIDER AND IF APPROVED, ADOPT THE AUDITED (STANDALONE AND CONSOLIDATED) FINANCIAL STATEMENT OF THE COMPANY, FOR THE FINANCIAL YEAR ENDED ON 31ST MARCH, 2026 AND THE REPORTS OF THE BOARD AND AUDITORS THEREON:- In this regard, to consider and if thought fit, to pass, with or without modification(s), the following Resolution as an Ordinary Resolution:- “RESOLVED THAT the Audited (Standalone and Consolidated) Financial Statement of the Company, for the Financial Year ended on 31st March 2026, consisting of the Balance Sheet as at 31st March, 2026, the Statement of Profit & Loss, the Cash Flow Statement and Statement of Changes in Equity, for the Financial Year ended on that date and the Explanatory Notes annexed to or forming part thereof together with the Board's Report and Auditors Report thereon, be and are hereby adopted.” 2. TO APPOINT A DIRECTOR IN PLACE OF SHRI ANAND JEETMAL PAREKH (DIN:- 00500384), WHO RETIRE BY ROTATION AT THIS AGM AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENT:- In this regard, to consider and if thought fit, to pass, with or without modification(s), the following Resolution as an Ordinary Resolution:- “RESOLVED THAT pursuant to the Provisions of Section 152 and any other applicable provisions of the Companies Act, 2013, Shri Anand Jeetmal Parekh (DIN:- 00500384), Managing Director, liable to retire by rotation at this Annual General Meeting, being eligible and willing to offer himself for re-appointment, be and is hereby re-appointed as a Managing Director of the Company.” SPECIAL BUSINESSES:- 3. TO APPOINT M/S. ROHIT PERIWAL & ASSOCIATES, PRACTICING COMPANY SECRETARIES, AS SECRETARIAL AUDITOR OF THE COMPANY: To consider and if thought fit, approve the appointment of M/s. Rohit Periwal & Associates, Practicing Company Secretaries as the Secretarial Auditor of the Company for a term of 3 (Three) consecutive years and to pass with or without modification(s), the following resolution as an Ordinary Resolution:- “RESOLVED THAT pursuant to provisions of Sections 204 and 179(3) of the Companies Act, 2013 read with the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 framed thereunder, Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (including any statutory modification(s), re-enactment thereof for time being in force) and circulars issued thereunder from time to time, and based on the recommendation of the Audit Committee and the Board of Directors, M/s. Rohit Periwal & Associates, Practicing Company Secretaries be and are hereby appointed as the Secretarial Auditors for the Company, to hold office for a term of three consecutive years i.e. from financial year 2026-27 to financial year 2028-29, on such remuneration as may be mutually agreed between the Board of Directors and the Secretarial Auditors. RESOLVED FURTHER THAT the Board or any duly constituted Committee of the Board, be and is hereby authorised to do all acts, deeds, matters and things as may be deemed necessary and/or expedient in connection therewith or incidental thereto, to give effect to the foregoing resolution.” BY ORDER OF THE BOARD OF DIRECTORS FOR, MAHALAXMI FABRIC MILLS LIMITED Sd/- HILERY MASHRANI DATE:- August 12, 2026 COMPANY SECRETARY PLACE:- Ahmedabad ICSI MEMBERSHIP NO.: A79803 Mahalaxmi Fabric Mills Limited NOTES:- 1. The Ministry of Corporate Affairs (“MCA”) has, vide its General Circular dated September 22, 2025 read together with circulars dated April 8, 2020, April 13, 2020, May 5, 2020, January 13, 2021, December 8, 2021, December 14, 2021, May 5, 2022, December 28, 2022, September 25, 2023 and September 19, 2024 (collectively referred to as “MCA Circulars”), permitted convening the Annual General Meeting (“AGM” / “Meeting”) through Video Conferencing (“VC”) or Other Audio Visual Means (“OAVM”), without physical presence of the members at a common venue. In accordance with the MCA Circulars an [Showing first 8,000 characters — download PDF for full document]