Shareholders meeting

Date: 23rd September, 2026 SBGL/OUT/2026-2027/21 BSE Limited National Stock Exchange of India Department of Corporate Services, Limited Phiroze Jeejeebhoy Towers, Listing Department Dalal Street, Mumbai – 400001 Exchange Plaza, C-1, Block-G, Bandra-Kurla Complex, Bandra (East), Mumbai 400051 Scrip Code Symbol ISIN 543218 SBGLP INE05ST01028 Dear Sir, Sub.: Outcome and Proceedings of 19th Annual General Meeting pursuant to Regulation 30 read with Schedule III (Part A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 read with Schedule III (Part A) (13) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), 2015, please find enclosed herewith proceedings of the 19th Annual General Meeting of the Company held on Wednesday, the 23th Day of September, 2026 through Video Conference (VC)/ Other Audio-Visual Means (OAVM). The AGM was convened in accordance with the circulars issued by the Ministry of Corporate Affairs and the SEBI from time to time allowing Company to hold its AGM through VC/OAVM. The Company had taken all feasible efforts to enable the Members to participate and vote on the items considered in the AGM. Kindly take the above information on record. Thanking You. Yours faithfully, FOR SURATWWALA BUSINESS GROUP LIMITED Pooja Thorave Company Secretary & Compliance Officer Membership No. A74339 Summary of the proceedings of 19th Annual General Meeting of the Company The 19th Annual General Meeting (AGM) of the Members of Surawwala Business Group Limited was held on Wednesday, the 23th September, 2026 through Video Conference (VC)/ Other Audio-Visual Means (OAVM) at 4:05 P.M. in compliance with the Circulars issued by the Ministry of Corporate Affairs (‘MCA’) and in compliance with Companies Act, 2013 (‘The ACT’) and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations). The meeting commenced at 4:05 P.M. (IST) and concluded at 5:30 P.M. (IST) The following Directors, officials and invitees were present at the 19th Annual General Meeting: 1. Mr. Jatin Suratwala C hairman and Managing Director 2. Mr. Manoj Suratwala Whole-Time Director 3. Mrs. Hema Pankaj Sukhadia Non-Executive Director and Chairman of the Stakeholder Relationship Committee and Corporate Social Responsibility Committee 4. Mr. Pramod Jain Non-Executive Independent Director and Chairman of the Audit Committee and Nomination and Remuneration Committee 5. Ms. Priyanka Oka Non-Executive Independent Director 6. Mr. Shailesh Kasegaonkar Non-Executive Independent Director 7. Mr. Manish Kasliwal Chief Financial Officer 8. Ms. Pooja Thorave Company Secretary and Compliance Officer 9. Mr. Tarak Trivedi Representative of Parag Patwa & Associates, Statutory Auditor of the Company. 10. Mr. Harshad Pusalkar Secretarial Auditor 12. Mr. Shridhar Phadke from SVP & ASSOCIATES, PCS, Scrutinizer 13. Mr. Hitendra Suratwala Director Sales 14. Mr. Rajan Thorat Marketing Head 15. Mr. Meghesh Puranik Business Head for subsidiary 16. Mr. Shriram Totala Business Development Manager Total number of Shareholders as on cut-off date i.e. 16th September, 2026 were 10319. Total of 46 Members attended the meeting through Video Conferencing. Ms. Pooja Thorave the Company Secretary, with the permission of the Chair initiated the proceedings of the 19th Annual General Meeting. Thereafter she introduced the Board of Directors, Auditors & Officials present in the Meeting through Video Conferencing and read general instructions to the Members regarding participation in the 19th AGM through VC/OAVM. The technical and procedural guidelines for participating in the meeting via Video Conferencing were read out, along with a disclaimer. The disclaimer highlighted that the presentations and discussions by the Management during this meeting may contain certain forward-looking statements relating to the Company’s future prospects, financial position, plans, objectives and expectations. These statements are based on the Management’s current expectations and assumptions and are subject to various risks, uncertainties and other factors. Accordingly, actual results and outcomes may differ materially from those expressed or implied in such statements. Shareholders are therefore requested not to construe these statements as assurances or guarantees of the Company’s future performance and are advised not to place undue reliance on such statements. Mr. Jatin Suratwala, Managing Director was elected as the Chairman of the meeting by the Directors present in terms of Article of Association of the Company and Secretarial Standard of ICSI. The Chairman welcomed the members to the 19th Annual General Meeting of the Company. As the requisite quorum was present as per provision of Section 103 of the Companies Act, 2013, the Chairman called the meeting to order. Thereafter, the Chairman continued the proceedings and briefly addressed the shareholders about developments of the Company, overall sector outlook future prospect, global economic challenges, continued growth and unwavering commitment to excellence taken by the Company. He then thanked all the stakeholders, business partners, Central and State Governments, Regulatory Authorities and others, for their cooperation, continued support and faith reposed in the Company. The Chairman then delivered the speech. Then the Company Secretary invited the Solar Head and then Chief Financial Officer to address the Shareholders and deliver the financial highlights pertaining to the financial year 2025-26. Then the Company Secretary with the permission of the Chairman, stated that since the notice convening the 19th Annual General Meeting is already circulated to the members along with the Annual Report, the notice as received was taken as read. There are no qualifications in the Statutory Audit Report and the Secretarial Audit Report. The Members were apprised that the Registers and documents as required under various laws were available online for inspection. The Company Secretary then informed to the Shareholders that pursuant to Regulation 44 of the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015 the Company has provided the facility to cast vote electronically in respect of all businesses set forth in the Notice. The remote e-voting facility was kept open for the period of 3 (three) days i.e. between Sunday, 20th September, 2026 09.00 A.M. IST to Tuesday, 22nd September, 2026 05.00 P.M. IST. The following items of business as set forth in the Notice of the AGM dated 13th August, 2026 were transacted at the meeting. Item Description Type of No. Resolution 1 To receive, consider, approve and adopt: a. the Audited Standalone Financial Statements of the Company for the Financial Year ended as on 31st March, Ordinary 2026 including Balance Sheet, Statement of Profit and Business, Loss Account and Cash Flow Statement together with the Ordinary Report of the Board of Directors and Auditors thereon. Resolution b. the Audited Consolidated Financial Statements of the Company for the Financial Year ended as on 31st March, 2026 including Balance Sheet, Statement of Profit and Loss Account and Cash Flow Statement together with the Report of the Auditors thereon 2 To appoint Mr. Manoj Dhansukhlal Suratwala, Director (DIN: Ordinary 01980434), who retires by rotation pursuant to Section 152 Business, (6) of the Companies Act 2013 at this Annual General Ordinary Meeting and being eligible, offers himself for re-appointment Resolution 3 To declare a dividend on Equity Shares of the Company for Ordinary the Financial Year ended March 31, 2026. Business, Ordinary Resolution 4 To consider and approve material related party Special Business, transaction(s) with ‘Suratwwala Properties LLP’ material Ordinary modification thereto; Resolution 5 To consider and approve material related party Special Business, transaction(s) [Showing first 8,000 characters — download PDF for full document]