Please find enclosed Summary of proceedings, Voting results and Scrutinizers report of the 38th AGM held on 23rd September 2026.

September 23, 2026 BSE Limited, National Stock Exchange of India Limited, P J Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Bandra, Mumbai – 400 001. Mumbai 400 051. BSE Scrip Code: 524735 NSE Symbol: HIKAL Dear Sir/ Madam, Subject: Disclosure under Regulation 30 and Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’) The 38th Annual General Meeting (‘AGM’) of the Company was held today, i.e. Wednesday, September 23, 2026, at 11.30 a.m. IST through Video Conferencing (‘VC’) / Other Audio Visual Means (‘OAVM’), without the physical presence of members at a common venue, in compliance with the provisions of Companies Act, 2013, read with Rules issued thereunder, Circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India in this regard, to transact the businesses as set out in the Notice convening the 38th AGM. In connection with the above, please find enclosed the following: 1. Summary of proceedings of the AGM, pursuant to Regulation 30 read with Part A of Schedule III of the SEBI Listing Regulations as Annexure-I. 2. Consolidated Scrutinizer's Report dated September 23, 2026, on remote e-Voting and e-Voting during the 38th AGM, pursuant to Section 108 of the Act read with Rule 20 of the Companies (Management and Administration) Rules, 2014 as Annexure-II. 3. Voting Results of the 38th AGM pursuant to Regulation 44 of the SEBI Listing Regulations as Annexure III. The AGM concluded at 12:12 p.m. IST These reports will also be uploaded on the website of the Company viz. www.hikal.com and the scrutinizer’s report will also be uploaded on the website of National Securities Depository Limited (NSDL). You are requested to take the above on record. Yours Sincerely, For Hikal Limited Rajasekhar Reddy Company Secretary & Compliance Officer Encl.: As above Hikal Ltd. Admin. Office: Great Eastern Chambers, 6th Floor, Sector 11, CBD Belapur, Navi Mumbai - 400 614, India. Tel. + 91–22–6277 0299, + 91–22–6866 0300 Regd. Office: 717/718, Maker Chambers - 5, Nariman Point, Mumbai - 400 021, India. Tel. +91-22 6277 0477. Fax: + 91-22 6277 0500 www.hikal.com info@hikal.com CIN: L24200MH1988PTC048028 Annexure-I Summary of proceedings of the 38th Annual General Meeting of the Company The 38th Annual General Meeting (‘AGM’) of the Members of Hikal Limited (‘the Company’) was held today, i.e. Wednesday, September 23, 2026, at 11.30 a.m. (IST) through Video Conferencing (‘VC’)/Other Audio-Visual Means (‘OAVM’) without the physical presence of the members at a common venue. 83 members attended the meeting through VC/ OAVM. Mr. Rajasekhar Reddy, Company Secretary welcomed the Members to the 38th AGM and briefed them on certain points relating to the participation and voting at the AGM through VC/ OAVM. Mr. Jai Hiremath, Chairman of the Company took the Chair. The Chairman welcomed the Directors, shareholders and other invitees to the meeting and after ascertaining the requisite quorum being present, called the meeting to order. All the Directors present at the meeting introduced themselves and stated the location from where they were participating in the 38th AGM. All the Directors of the Company except Mr. Ravi Kapoor attended the Meeting. The Chairman of the Audit Committee and Nomination & Remuneration Committee were also present at the 38th AGM. Mr. Vinayak Pujare, the representative of S R B C & Co. LLP, Statutory Auditors and Mr. Dhiraj Pallav, representative of Dhrumil M. Shah & Co. LLP, Secretarial Auditor and Scrutinizer, were also present at the Meeting through VC. The Chairman informed the members that, the Registers as required under the Companies Act, 2013 were available for inspection in electronic mode. The Notice convening the Meeting was taken as read and the reports of the statutory auditor and the secretarial auditor, being unqualified were not required to be read at the meeting. The Chairman delivered his speech and briefed about the performance of the Company during FY 2025-26. Mr. Rajasekhar Reddy, Company Secretary thereafter announced the names of the speaker shareholders one by one and requested the moderator to unmute the speaker shareholders present for putting up their questions/ queries. The Chairman requested the Vice Chairman & Managing Director, Mr. Sameer Hiremath to respond to the queries asked by the speaker shareholders and the Managing Director responded to the same. The Chairman then informed that there were 6 (Six) resolutions for approval at the 38th AGM, which have been elaborated in the Notice of the meeting dated August 26, 2026. Hikal Ltd. Admin. Office: Great Eastern Chambers, 6th Floor, Sector 11, CBD Belapur, Navi Mumbai - 400 614, India. Tel. + 91–22–6277 0299, + 91–22–6866 0300 Regd. Office: 717/718, Maker Chambers - 5, Nariman Point, Mumbai - 400 021, India. Tel. +91-22 6277 0477. Fax: + 91-22 6277 0500 www.hikal.com info@hikal.com CIN: L24200MH1988PTC048028 In terms of the Notice dated August 26, 2026, convening the 38th AGM of the Company, the following items of businesses were transacted at the AGM through e-voting: S. Resolution Details of the Agenda No. Type To receive, consider and adopt the audited standalone and consolidated 1 Financial Statements of the Company for the year ended March 31, 2026, Ordinary together with the Reports of the Board of Directors and Auditors thereon. To confirm the interim dividend of ₹ 0.20/- per equity share of ₹ 2/- each and to declare a final dividend of ₹ 0.40/- per equity share of ₹ 2/- each, 2 Ordinary aggregating to a total dividend of ₹ 0.60/- per equity share of ₹ 2/- each, for the Financial Year 2025-26. To appoint a Director in place of Mr. Sarangan Suresh (DIN:10562713), 3 who retires by rotation and being eligible, offers himself for re- Ordinary appointment. To consider and approve the appointment of Mr. Sameer Hiremath (DIN: 4 00062129), as Chairman and Managing Director of the Company, and to Ordinary fix his remuneration. To consider and approve the revision in remuneration of Mr. Sarangan 5 Ordinary Suresh (DIN: 10562713), Whole-Time Director of the Company To ratify the remuneration to be paid to the Cost Auditors for the Financial 6 Ordinary Year 2026-27. The Chairman thanked the Members for their participation at the meeting. He also thanked the Directors for joining the Meeting virtually. The Meeting concluded at 12:12 p.m. The e-Voting facility was kept open for 15 minutes after the conclusion of the meeting to enable the Members to cast their vote. The Scrutinizer's Report was received on September 23, 2026, and as set out therein, all the Resolutions have been passed with the requisite majority. Hikal Ltd. Admin. Office: Great Eastern Chambers, 6th Floor, Sector 11, CBD Belapur, Navi Mumbai - 400 614, India. Tel. + 91–22–6277 0299, + 91–22–6866 0300 Regd. Office: 717/718, Maker Chambers - 5, Nariman Point, Mumbai - 400 021, India. Tel. +91-22 6277 0477. Fax: + 91-22 6277 0500 www.hikal.com info@hikal.com CIN: L24200MH1988PTC048028 DHRUMIL M. SHAH & CO. tLP Practisi ng Company Secretaries Ref: 113tU2026-27 [Pursuant to Section 108 of the Companies Act, 2013 and Rule 20 of the Companies and 201 The Chairman, Hikal Limited CIN : L2420 0 M H 1 988 PTC 048028 717n18 Maker Chamber V, Nariman Point, Mumbai - 400021, Maharashtra, lndia Dear Sir, Sub: Consolidated Scrutinizer's Report of e-voting conducted for the 38s Annual General Meeting ('AGM') of Hikal Limited ('the Company') held on Wednesday, SepGmber 23,2026 at 11.30 a.m. (lST) through Video ('vc') / other Audio-Visual Means ('OAvM') l, Dhrumil M. shah, Partner of Dhrumil M. shah & co. LLp, practising company Secretaries, have been appointed as Scrutinizer by the Board of Directors of Hikal Limited (hereinafter called as "the Company"), pursuant to Section 108 of the Companies Act, 2013 ("the Acf) read with Rule 20 of the Companies (Management and Admini [Showing first 8,000 characters — download PDF for full document]