Shareholders meeting

AGARWALINDUSTRIAL CORPORATION LIMITED [CIN: L99999MH1995PLC084618] Registered Office : Eastern Court, Unit No. 201-202, Plot No.12, V.N. Purav Marg. S.T. Road, Chembur, Mumbai – 400071. Phone Nos: +91-22-25291149/50; Fax: +91-22-25291147; Website: www.aicltd.in; E-mail: contact@aicltd.in September 24, 2026 BSE Limited National Stock Exchange of India Limited Corporate Relationship Department ‘Exchange Plaza’ C-1, Block G, P.J. Towers, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai - 400 001 Mumbai - 400 051 Scrip Code – 531921 Symbol: AGARIND; Series: EQ Sub: Outcome of the Proceedings of 32nd Annual General Meeting (AGM) of the Company. We wish to inform you that the 32nd Annual General Meeting of the Company (AGM) was held on September 24, 2026 through Video Conferencing (“VC”)/ Other Audio Visual Means (“OAVM”) and the businesses mentioned in the Notice dated August 13, 2026 convening the AGM were duly transacted. In this connection, we enclose the following: Proceedings of AGM in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is for your kind information and records. Thanking You, For Agarwal Industrial Corporation Limited Yashee Agrawal Company Secretary & Compliance Officer AGARWALINDUSTRIAL CORPORATION LIMITED [CIN: L99999MH1995PLC084618] Registered Office : Eastern Court, Unit No. 201-202, Plot No.12, V.N. Purav Marg. S.T. Road, Chembur, Mumbai – 400071. Phone Nos: +91-22-25291149/50; Fax: +91-22-25291147; Website: www.aicltd.in; E-mail: contact@aicltd.in Proceedings of the Thirty-Second Annual General Meeting of the Company held on Thursday, September 24, 2026 pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 through Video Conferencing (“VC") or Other Audio Visual Means (“OAVM”) in compliance with Circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby furnish the proceedings of the 32nd Annual General Meeting ("AGM") of the Company held on Thursday, September 24, 2026 at 12.00 Noon through Video Conferencing (“VC") or Other Audio Visual Means (“OAVM”) in compliance with Circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India. At the commencement of the AGM, Ms. Yashee Agrawal, Company Secretary & Compliance Officer, welcomed the members and got confirmed from the Host of the Virtual AGM, NSDL, that the requisite quorum as provided in the Companies Act, 2013 was present and thereafter requested Mr. Jaiprakash Agarwal, Managing Director to occupy the Chair and Mr. Jaiprakash Agarwal, then occupied the Chair. Ms. Yashee Agrawal, Company Secretary introduced Mr. Lalit Agarwal, Whole time Directors and other Board Members and Panelists to the valued Members who were participating in the AGM through VC and thereafter, commence the proceedings of the AGM. As requisite quorum was present Mr. Jaiprakash Agarwal declared the meeting opened and welcomed the Members who were attending AGM through VC/ OAVM and communicated some financial highlights of the Company. Then as per advise of Mr. Jaiprakash Agarwal, Ms. Yashee Agrawal informed the members that, as required under the law, the Company had provided remote e-voting facility to all the Members of the Company from Monday, September 21, 2026 to Wednesday, September 23, 2026 and further informed that the facility of e-voting is also made available to the members who are attending the AGM and who have not already cast their votes by remote e-voting. Since the Meeting was convened through VC /OAVM, Notice, Directors Report, Auditors Report on Audited Financial Statements for the Financial Year ended March 31, 2026 and Secretarial Auditors Report were taken as read as all the above had been available with the shareholders and informed that both the Statutory Auditors Report and Secretarial Report were free from any qualifications / observation or other remarks. The Following Businesses, as per the Notice of 32nd AGM were transacted: As an Ordinary Business: Resolution No. 1: Consideration and adoption Financial Statements by passing an Ordinary Resolution: (a) the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026 along with the Reports of the Board of Directors and Independent Auditors thereon: and AGARWALINDUSTRIAL CORPORATION LIMITED [CIN: L99999MH1995PLC084618] Registered Office : Eastern Court, Unit No. 201-202, Plot No.12, V.N. Purav Marg. S.T. Road, Chembur, Mumbai – 400071. Phone Nos: +91-22-25291149/50; Fax: +91-22-25291147; Website: www.aicltd.in; E-mail: contact@aicltd.in (b) the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026 along with the Report of the Independent Auditors thereon. a. “RESOLVED THAT, the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026 along with the Reports of the Board of Directors and Independent Auditors thereon be and is hereby approved and confirmed.” b. “RESOLVED THAT, Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026 along with the Report of the Independent Auditors thereon be and is hereby approved and confirmed.” Resolution No. 2: Declaration of Dividend @Rs.3.30/- per equity share of Rs. 10 fully paid up for the Financial Year ended March 31, 2026, by passing an Ordinary Resolution. “RESOLVED THAT, the dividend @Rs.3.30/- per equity share of Rs. 10 fully paid up for the Financial Year ended March 31, 2026 be and is hereby declared and confirmed.” Resolution No. 3: To appoint a Director in place of Mr. Jaiprakash Agarwal (DIN: 01379868) who retires by rotation, and being eligible, offers himself for re-appointment and in this regard to pass an Ordinary Resolution. “RESOLVED THAT Mr. Jaiprakash Agarwal (DIN: 01379868), who retires by rotation, and being eligible, be and is hereby re-appointed as Director of the Company.” As a Special Business: Resolution No. 4: Appointment of Cost Auditors for FY 2026-2027 by passing Ordinary Resolution as given under Notice of the AGM. Resolution No. 5: Omnibus Approval for Related Party Transactions for Financial Year 2026-27 by passing Special Resolution as given under Notice of the AGM. Resolution No. 6: Consent of the Members for payment of Remuneration to Mr. Mahendra Agarwal as Non - Executive ( Non - Independent) Director of the Company by passing Special Resolution as given under Notice of the AGM. Resolution No. 7: Adoption of the new Main Objects and Ancillary Objects of the Company and consequently, to approve the alteration/ amendment of Memorandum of Association of Company by passing Special Resolution as given under Notice of the AGM. All above Resolutions were passed in accordance with the Notice of the Thirty Second Annual General Meeting of the Company read with Explanatory Statement attached to it, which formed part of the said notice. AGARWALINDUSTRIAL CORPORATION LIMITED [CIN: L99999MH1995PLC084618] Registered Office : Eastern Court, Unit No. 201-202, Plot No.12, V.N. Purav Marg. S.T. Road, Chembur, Mumbai – 400071. Phone Nos: +91-22-25291149/50; Fax: +91-22-25291147; Website: www.aicltd.in; E-mail: contact@aicltd.in Subsequently, the Chairman requested the Host, NSDL to unmute those members who were registered to speak at the meeting to post/ ask their comments/remarks /observation(s/). Out of 22 registered Speakers, 10 speakers had their say while other speaker shareholders were not present at the time of the roll call as was confirmed by the NSDL. As advised by Chairman, Ms. Yashee Agrawal, directed Shareholders for participating through e-voting and informed that the facility to vote on the resolution contained in the Notice of the meeting shall remain open upto 15 minutes from the conclusion of the meeting. She further stated that the [Showing first 8,000 characters — download PDF for full document]