Shareholders meeting

September 22, 2026 To, To, National Stock Exchange of India Limited BSE Limited Manager – Listing Department Manager – Listing Department 5, Exchange Plaza Floor 25, P.J.Towers Bandra-Kurla Complex Dalal Street B andra (East), Mumbai 400051 Mumbai 400 001 Symbol: FINPIPE Scrip Code: 500940 Sub. : Summary of Proceedings of the 45th (Forty-Fifth) Annual General Meeting of the Company Ref. : Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, This is to inform you that the 45th (Forty-Fifth) Annual General Meeting (‘AGM’) of the Company was held on Tuesday, September 22, 2026, at 04:00 p.m. (IST) through Video Conferencing/Other Audio-Visual Means, in accordance with the relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India, as per the items of business mentioned in the 45th AGM Notice. In terms of the said Regulations, we are enclosing herewith summary of proceedings of the 45th Annual General Meeting. The same are available at the Company’s website www.finolexpipes.com. You are requested to kindly take the above on your records. Thanking you, For Finolex Industries Limited Dakshinamurthy Iyer Company Secretary & Head Legal M. No.: A13004 Encl.: As above Summary of proceedings of the 45th (Forty-Fifth) Annual General Meeting The 45th (Forty-Fifth) Annual General Meeting (AGM) of the Members of the Company was convened on Tuesday, September 22, 2026 at 04:00 p.m. (IST) through Video Conferencing (VC) / Other Audio-Visual Means (OAVM), in accordance with the circulars issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI), and pursuant to the applicable provisions of the Companies Act, 2013 (the Act) and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations). Mr. Prakash P. Chhabria, Executive Chairman of the Company, chaired the meeting. Upon confirmation that the requisite quorum was present, he formally called the meeting to order. The Executive Chairman welcomed the members attending the 45th AGM and proceeded to introduce the Directors and Key Managerial Personnel present. He also informed the members that representatives of M/s. Walker Chandiok & Co. LLP, the Statutory Auditors, and M/s. SVD & Associates, the Secretarial Auditors appointed as Scrutinizers for the AGM, were in attendance. Thereafter, the Executive Chairman addressed the members. The members were further informed that, considering the AGM was being conducted through VC/OAVM, the facility for appointment of proxies was not available, in line with the relaxations granted by the MCA. He also informed the members that the statutory registers required under applicable laws were available for electronic inspection. With the consent of the members, the Notice convening the 45th AGM, together with the Audited Financial Statements for the financial year ended March 31, 2026, the Directors' Report, the Auditors' Report, and the Management Discussion and Analysis Report, having already been circulated, were taken as read. The Company Secretary further informed the members that pursuant to Regulation 44 of SEBI Listing Regulations, the Company had provided the facility to the members, to cast their vote electronically in respect of businesses set forth in the Notice of 45th AGM. The remote e-voting facility was kept open from Saturday, September 19, 2026, at 09:00 a.m. to Monday, September 21, 2026, at 05:00 p.m. Members who were present in the AGM through VC/OAVM facility and did not cast their vote through remote e-voting were provided an opportunity to cast their votes electronically during 45th AGM through the platform of KFin Technologies Limited. Items of business as mentioned in the Notice convening the 45th AGM, which were put to vote through remote e-voting and e-voting (Insta-poll) at the AGM were as under: Sr. Agenda Items Type of No. Resolution Ordinary Business 1 To receive, consider and adopt: Ordinary a) the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon. b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Report of the Auditors thereon. 2 To declare dividend on equity shares for the financial year Ordinary ended March 31, 2026. 3 To appoint a director in place of Mr. Rambabu Sanka (DIN: Ordinary 11218997) who retires by rotation, and being eligible, offers himself for re-appointment. Special Business 4 Ratification of the remuneration paid to M/s. S.R. Bhargave & Ordinary Co., the Cost Auditors for the financial year ending March 31, 2027. 5 Revision in remuneration payable to Non-Executive Directors. Ordinary The Executive Chairman then invited comments and questions from the members registered as Speakers. Queries raised by the members with respect to the Company's industry outlook, competitive positioning, market share, growth strategy, capital expenditure plans, capacity utilization, supply chain and raw material sourcing challenges, pricing strategy, financial performance and profitability, shareholder returns, research and development initiatives, Environmental, Social and Governance (ESG) practices, AI adoption and shareholder engagement initiatives. The Executive Chairman also stated that the Members may contact the Company Secretary for responses to other queries, if any. Post Q&A session, the Executive Chairman informed that, the members who have not voted so far through remote e-voting facility may vote at the AGM, through the e-voting (‘Instapoll’) facility provided by KFin Technologies Limited. The e-voting facility was kept open for the next 15 minutes after the conclusion of meeting to enable the members to cast their vote. The Board of Directors had appointed M/s. SVD & Associates (Peer Review No: 6357/2025) as the Scrutinizers to scrutinize the remote e-voting and ‘Instapoll’ voting in a fair and transparent manner. The Executive Chairman informed the members that the consolidated results of e-voting would be announced within two working days and shall be intimated to the Stock Exchanges and the same will also be posted on the website of the Company https://www.finolexpipes.com/ and on the website of KFin Technologies Limited. The Executive Chairman then thanked the members present and declared the AGM as closed. The AGM concluded at 5:19 p.m. (IST) (including the time allowed for instapoll) and authorised the Company Secretary to receive the voting results and intimate the same to the Stock Exchanges. This is for your information and records. Thanking You, For Finolex Industries Limited Dakshinamurthy Iyer Company Secretary & Head Legal M. No.: A13004