Declaration of voting results of 34th Annual General Meeting of the Company and Scrutinizer''s Report

Registered Office & Plant: 309, Moxi, Sankarda - Savli Road, Tal. Savli Dist. Vadodara - 391 780, Gujarat, India. CIN : L25200GJ1992PLC017678 Web : www.axelpolymers.com • Email : info@axelpolymers.com 12th September, 2026 BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort Mumbai – 400 001 Scrip Code: 513642 Sub: Declaration of Voting Results of the 34th Annual General Meeting held on Friday, 11th September, 2026 Dear Sir, We wish to inform you that, in accordance with the circulars of Ministry of Corporate Affairs (‘MCA’), Securities and Exchange Board of India (SEBI) and applicable provisions of the Companies Act, 2013 (‘Act’) and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the 34th Annual General Meeting of the Company was held on Friday, 11th September, 2026 through Video Conference (VC) / Other Audio Video Means (OAVM). As per the requirements of the Act, Listing Regulations and the relevant Circulars issued by the MCA, the Company had provided remote e-voting facility to its Shareholders for voting on the businesses transacted at the 34th AGM. The Company had appointed Mr. Devesh Pathak, Founder of M/s. Devesh Pathak & Associates, Practising Company Secretaries as the Scrutinizer for remote e-voting and e-voting at the AGM. As per the Scrutinizer's Report, the Resolutions as set out in the Notice of the 34th AGM have been duly approved by the Shareholders with requisite majority. The Scrutinizer's Report is enclosed herewith. Pursuant to Regulation 44(3) of Listing Regulations, please find attached the consolidated outcome of voting held through remote e-voting and e-voting during the AGM of the Company. We request you to kindly take the same on your records. The same will also be uploaded on the website of the Company. Thanking you, Yours faithfully, For Axel Polymers Limited Ashish Chaudhary Company Secretary and Compliance Officer Membership No. A72705 Encl.: as above Corporate Office: 302, Bhoomi Prarambh, Link Road, Near Don Bosco Metro Station, Borivali (West), Mumbai – 400092, Maharashtra, India • Phone: +91 22 41207546 General information about company Scrip code 513642 NSE Symbol MSEI Symbol ISIN INE197C01012 Name of the company AXEL POLYMERS LIMITED Type of meeting AGM Date of the meeting / last day of receipt of postal ballot forms (in case of Postal Ballot) 11-09-2026 Start time of the meeting 11:30 AM End time of the meeting 12:06 PM Scrutinizer Details Name of the Scrutinizer DEVESH A. PATHAK Firms Name Devesh Pathak & Associates Qualification CS Membership Number FCS 4559 Date of Board Meeting in which appointed 14-08-2026 Date of Issuance of Report to the company 11-09-2026 Voting results Record date 04-09-2026 Total number of shareholders on record date 10135 No. of shareholders present in the meeting either in person or through proxy a) Promoters and Promoter group 0 b) Public 0 No. of shareholders attended the meeting through video conferencing a) Promoters and Promoter group 8 b) Public 30 No. of resolution passed in the meeting 7 Disclosure of notes on voting results Resolution(1) Resolution required: (Ordinary / Special) Ordinary Whether promoter/promoter group are interested in the agenda/resolution? To receive, consider and adopt the Audited Financial Statements for the year Description of resolution considered ended on 31st March, 2026 together with the Reports of the Auditors’ and Board’s thereon No. of % of Votes polled No. of No. of % of votes in % of Votes Mode of No. of Category votes on outstanding votes – in votes – favour on votes against on votes voting shares held polled shares favour against polled polled (6)= (7)= (1) (2) (3)=[(2)/(1)]*100 (4) (5) [(4)/(2)]*100 [(5)/(2)]*100 E-Voting 4871878 94.9242 4871878 0 100 0 Poll 0 0 0 0 0 0 Promoter and 5132390 Promoter Postal Ballot Group (if 0 0 0 0 0 0 applicable) Total 5132390 4871878 94.9242 4871878 0 100 0 E-Voting 0 0 0 0 0 0 Poll 0 0 0 0 0 0 19800 Public- Postal Ballot Institutions (if 0 0 0 0 0 0 applicable) Total 19800 0 0 0 0 0 0 E-Voting 274413 4.6917 274413 0 100 0 Poll 0 0 0 0 0 0 5848934 Public- Non Postal Ballot Institutions (if 0 0 0 0 0 0 applicable) Total 5848934 274413 4.6917 274413 0 100 0 Total 11001124 5146291 46.7797 5146291 0 100 0 Whether resolution is Pass or Not. Yes Disclosure of notes on resolution Details of Invalid Votes Category No. of Votes Promoter and Promoter Group Public Insitutions Public - Non Insitutions Resolution(2) Resolution required: (Ordinary / Special) Ordinary Whether promoter/promoter group are interested in the agenda/resolution? To appoint a Director in place of Mr. Gaurav Thanky (DIN: 02565340), who Description of resolution considered retires by rotation and being eligible offers himself for reappointment. No. of % of Votes polled No. of No. of % of votes in % of Votes Mode of No. of Category votes on outstanding votes – in votes – favour on votes against on votes voting shares held polled shares favour against polled polled (6)= (7)= (1) (2) (3)=[(2)/(1)]*100 (4) (5) [(4)/(2)]*100 [(5)/(2)]*100 E-Voting 1123783 21.8959 1123783 0 100 0 Poll 0 0 0 0 0 0 Promoter and 5132390 Promoter Postal Ballot Group (if applicable) 0 0 0 0 0 0 Total 5132390 1123783 21.8959 1123783 0 100 0 E-Voting 0 0 0 0 0 0 Poll 0 0 0 0 0 0 Public- 19800 Institutions Postal Ballot 0 0 0 0 0 0 (if applicable) Total 19800 0 0 0 0 0 0 E-Voting 274413 4.6917 274413 0 100 0 Poll 0 0 0 0 0 0 Public- Non 5848934 Institutions Postal Ballot 0 0 0 0 0 0 (if applicable) Total 5848934 274413 4.6917 274413 0 100 0 Total 11001124 1398196 12.7096 1398196 0 100 0 Whether resolution is Pass or Not. Yes Disclosure of notes on resolution Details of Invalid Votes Category No. of Votes Promoter and Promoter Group Public Insitutions Public - Non Insitutions Resolution(3) Resolution required: (Ordinary / Special) Special Whether promoter/promoter group are interested in the agenda/resolution? To approve appointment of Mr. Yogesh Keshariya (DIN: 07063024), as a Non- Description of resolution considered executive Independent Director of the Company No. of % of Votes polled No. of No. of % of votes in % of Votes Mode of No. of Category votes on outstanding votes – in votes – favour on votes against on votes voting shares held polled shares favour against polled polled (6)= (7)= (1) (2) (3)=[(2)/(1)]*100 (4) (5) [(4)/(2)]*100 [(5)/(2)]*100 E-Voting 4871878 94.9242 4871878 0 100 0 Poll 0 0 0 0 0 0 Promoter and 5132390 Promoter Postal Ballot Group (if applicable) 0 0 0 0 0 0 Total 5132390 4871878 94.9242 4871878 0 100 0 E-Voting 0 0 0 0 0 0 Poll 0 0 0 0 0 0 Public- 19800 Institutions Postal Ballot 0 0 0 0 0 0 (if applicable) Total 19800 0 0 0 0 0 0 E-Voting 274413 4.6917 274413 0 100 0 Poll 0 0 0 0 0 0 Public- Non 5848934 Institutions Postal Ballot 0 0 0 0 0 0 (if applicable) Total 5848934 274413 4.6917 274413 0 100 0 Total 11001124 5146291 46.7797 5146291 0 100 0 Whether resolution is Pass or Not. Yes Disclosure of notes on resolution Details of Invalid Votes Category No. of Votes Promoter and Promoter Group Public Insitutions Public - Non Insitutions Resolution(4) Resolution required: (Ordinary / Special) Ordinary Whether promoter/promoter group are interested in the agenda/resolution? To approve re-appointment of Mr. Gaurav Thanky (DIN: 02565340) as the Description of resolution considered Managing Director of the Company No. of % of Votes polled No. of No. of % of votes in % of Votes Mode of No. of Category votes on outstanding votes – in votes – favour on votes against on votes voting shares held polled shares favour against polled polled (6)= (7)= (1) (2) (3)=[(2)/(1)]*100 (4) (5) [(4)/(2)]*100 [(5)/(2)]*100 E-Voting 1123783 21.8959 1123783 0 100 0 Poll 0 0 0 0 0 0 Promoter and 5132390 Promoter Postal Ballot Group (if applicable) 0 0 0 0 0 0 Total 5132390 1123783 21.8959 1123783 0 100 0 E-Voting 0 0 0 0 0 0 Poll 0 0 0 0 0 0 Public- 19800 Institutions Postal Ballot 0 0 0 0 0 0 (if applicable) Total 19800 0 0 0 0 0 0 E- [Showing first 8,000 characters — download PDF for full document]