Proceedings of 50th Annual General Meeting of the Company held on 24th September, 2026

IRCON/SECY/STEX/124 24th September, 2026 BSE Limited National Stock Exchange of India Limited Listing Dept./ Dept. of Corporate Services Listing Department Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C-1, G Block, Dalal Street, Bandra –Kurla Complex, Mumbai – 400001 Bandra (East), Mumbai – 400051 पी. जे. टावस(cid:330), दलाल (cid:720)(cid:332)ीट, ए(cid:411)च(cid:336)ज (cid:600)ाजा, (cid:600)ॉट नं सी-1, जी (cid:624)ॉक, मुंबई– 400001 बां(cid:363)ा-कु ला(cid:330) कॉ(cid:817)(cid:600)े(cid:411), बां(cid:363)ा (पूव(cid:330)), मुंबई-400051 Scrip code / ID: 541956 / IRCON Scrip Code: IRCON Sub: Proceedings of 50th Annual General Meeting of the Company held on 24th Pursuant to provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the summary of proceedings of the 50th Annual General Meeting of the Company held on Thursday, 24th September, 2026 is enclosed herewith. Thankyou/ध(cid:586)वाद, Yours faithfully/भवदीया, (Pratibha Aggarwal)/((cid:366)ितभा अ(cid:356)वाल) Membership No/सद(cid:735)ता (cid:354).: F8874 SUMMARY OF PROCEEDINGS OF THE 50 ANNUAL GENERAL MEETING OF IRCON INTERNATIONAL LIMITED (CIN L45203DL 1976GOI008171) HELD ON THURSDAY, 24TH SEPTEMBER, 2026 AT 12:30 P.M. THROUGH VIDEO CONFERENCING (VC) I OTHER AUDIO VISUAL MEANS (OAVM) The 50 Annual General Meeting (AGMI Meeting) of the shareholders of Ircon International Limited (IRCON) was held on Thursday, 24th September, 2026 at 12:30 P.M. through Video Conferencing (VC) I Other Audio Visual Means (OAVM) for which purpose the registered office of the Company situated at C-4, District Centre, Saket, New Delhi-110017 was deemed as the venue of the meeting. Brief proceedings of same are as under: Shri Saleem Ahmad, Chairman and Managing Director & CEO chaired the proceedings of the meeting and welcomed the shareholders. The Chairman then introduced the Board Members, Authorized Representative of Government of India, Company Secretary & Compliance Officer, Statutory Auditors, Secretarial Auditors and Scrutinizer present in the meeting including the Chairpersons of Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, Risk Management Committee and Corporate Social Responsibility and Sustainability Committee. In total 82 Shareholders (including representative of Government of India) were present during the meeting. The quorum as required under the Companies Act, 2013 was present throughout the meeting. In compliance with the Companies Act, 2013, register of Directors and key managerial personnel and their shareholding and register of contracts or arrangements in which Directors are interested, copy of Memorandum & Articles of Association and other documents referred in the Notice of AGM were made available to shareholders for inspection through the link on the website of the NSDL during the meeting. As per Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 and Regulation 44 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, I RCON had provided the remote e-voting facility to the shareholders of the Company for all the resolutions set forth in the Notice of AGM. The remote e-voting, as mentioned in the notice of AGM was conducted from 9:00 A.M., 2pt September, 2026 to 5:00 P.M. 23rd September, 2026. The facility for voting has also been provided during the Meeting through e-voting system provided by NSDL to those shareholders who did not cast their vote prior to the AGM. Shri Sachin Agarwal, Practicing Company Secretary, (Membership no. F5774) partner of Mis. Agarwal S. & Associates has been appointed as Scrutinizer to conduct the remote e-voting process as well as e-voting at AGM, in a fair and transparent manner. Chairman addressed the shareholders and gave an overview of the financial and operational performance of the Company for the financial year ended 31 March, 2026 and the future scenario of the Company. Thereafter, Company Secretary informed that the Ministry of Corporate Affairs (MCA) have allowed companies to hold AGM through Video Conferencing (VC) or Other Audio Visual·Means (OAVM) without physical presence of shareholders at a common venue. Hence, the meeting is being held through Video Conferencing in compliance with the Companies Act, 2013, read with notifications and guidelines issued by the MCA. She further informed that the Company has taken the requisite steps to enable the shareholders to participate and vote on the items being considered at this AGM and live webcast of the proceedings of the meeting was also made available to the shareholders. She further informed that the Notice of AGM, Board's Report, Independent Auditors' Report on the Audited Financial Statements (Standalone and Consolidated), and C&AG comments thereon, as already circulated to shareholders, were taken as read and Statutory Auditors have not given any qualification or remarks in the Auditors' Report and C&AG has also issued Nil comments. Further, the observations of the Secretarial Auditors along with Management's Reply were mentioned at page nO.148 of the Annual Report for FY 2025-26 and the same was being taken as read. Thereafter, the following business items as per Notice of AGM dated 1s l September, 2026, were read out by the Company Secretary and transacted through e-voting: Item No. Details Resolution Considered Ordinary Business: 1. To receive, consider and adopt the Audited Standalone Financial Statements Ordinary of the Company for the Financial year ended on 31 sl March, 2026 along with Resolution the Boards' Report, Auditors' Report and the comments of the Comptroller and Auditor General of India (C&AG) thereon. 2. To receive, consider and adopt the Audited Consolidated Financial Ordinary Statements of the Company for the Financial year ended on 31 sl March, 2026 Resolution along with the Auditors' Report and the comments of C&AG thereon. 3. To confirm the payment of the Interim Dividend of ~1.20 per equity share of Ordinary the face value of ~2/- each [Le. 60% of paid-up equity share capital of Resolution ~188, 10,31,4801-amounting to ~112.86 Crore) and to declare a final dividend @ ~0.70 per share on the face value of ~2/- each [Le. 35% of paid-up equity share capital of ~188, 10,31,4801- amounting to ~65.84 Crore] , for the financial year 2025-26. 4. To appoint a Director in place of Smt. Ragini.Advani, Director (Finance) (DIN: Ordinary 09575213) who retires by rotation and being eligible, offers herself for re- Resolution appointment. 5. To authorize the Board of Directors of the Company to fix the remuneration Ordinary of Statutory Auditors for the financial year 2026-27. appointedl to he Re~ollJtion appointed by C&AG. Special Business: 6. To appoint Shri Rajesh Naik [DIN: 11543707] as Director (Projects), liable to Ordinary retire by rotation. Resolution 7. To appoint Shri Saleem Ahmad [DIN: 10119432] as Chairman & Managing Ordinary Director, liable to retire by rotation. Resolution 8. To ratify remuneration of the Cost Auditors of the Company for the financial Ordinary year 2026-27. Resolution 9. ITO appoint Smt. Suman Bala (DIN: 11894015) as Independent (Part-time Special Non-Official) Director, not liable to retire by rotation. Resolution Company Secretary then invited the shareholders who had registered themselves as speakers, to raise any questions/ queries. The Chairman responded to all queries raised by shareholders to the best of satisfaction and thanked to the Shareholders. Company Secretary informed the shareholders that the e-voting will remain open for 15 minutes after the closure of this meeting to enable those members who have not cast th'eir vote earlier and would like to cast their vote at the AGM. On receipt of the Report from the scrutinizer, results of the Voting will be declared and notified on websites of IRCON, NSDL, BSE & NSE, within the prescribed time limit. The meeting concluded a [Showing first 8,000 characters — download PDF for full document]