Proceedings of 41st Annual General Meeting of the Company

Email: secy-legal@tnpetro.com Phone No. 044-69185588 Secy / 189 / 2026-27 25th September 2026 The Manager The Listing Department Listing Department National Stock Exchange of India Ltd BSE Limited Exchange Plaza, 5th Floor Corporate Relations Department Plot No: C/1 ‘C’ Block 1st Floor, New Trading Ring Bandra – Kurla Complex Rotunda Building, PJ Towers Bandra ( E ) Dalal Street, Fort, Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 500777 Scrip ID / Symbol: TNPETRO Dear Sir / Madam, Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Proceedings of 41st Annual General Meeting of the Company held on 25th September 2026 The 41st Annual General Meeting of the Company held today, 25th September 2026 through the WebEx Platform facilitated by Central Depository Services (India) Limited, in due compliance with the stipulations of the relevant Circulars of MCA and SEBI. Mr. Ashwin C Muthiah, (DIN:00255679) was elected by the Members as the Chairman of the Meeting. Mr. Ashwin C Muthiah, Vice-Chairman chaired the Meeting. All Directors including the Chairperson of the Audit Committee, Stakeholders Relationship Committee and Nomination and Remuneration Committee attended the meeting, except Mr. Debendranath Sarangi, IAS (Retd.) and Mr. Sanket Balvantrao Waghe, IAS. The Statutory Auditors and Secretarial Auditors were also present. The meeting commenced at 2:00 PM (IST) and the necessary quorum was present throughout the meeting. Vice-Chairman welcomed the shareholders and then addressed them. (Copy of the speech is enclosed). Chairman thereafter proceeded to transact the businesses set out in the agenda of the meeting. With the consent of the Members present, the Notice of the Meeting and the Financial Statements were taken as read. The Members were informed about the e-Voting facility made available prior to the meeting, to vote on the resolutions and the facility available for those who have not availed the remote e-Voting to cast their votes during the meeting, through electronic means. a) The following items were transacted by way of Ordinary Resolutions at the meeting: i. Adoption of the Audited Financial Statements of the Company and reports thereon for the year ended 2025-26. ii. Declaration of Dividend for the year 2025-26. iii. Re-appointment of Mr. S Senthil Kumar (DIN: 00131558), as a Director of the Company liable to retire by rotation. iv. Appointment of Mr. Sanket Balvantrao Waghe (DIN: 11865401), as a Director of the Company liable to retire by rotation. v. Ratification of the remuneration to the Cost Auditors for the year 2026-27. b) The following items were transacted by way of Special Resolutions at the meeting: vi. Approval for the payment of Special Performance Incentive to Mr. D Senthi Kumar, Managing Director of the Company for FY 2025-26. vii. Approval for payment of remuneration to the Non-Executive Directors of the Company for the year 2025-26. The shareholders who had registered to speak at the meeting were invited to share their queries and they participated in the discussions. The queries were clarified by Mr. Ashwin C Muthiah, Vice-Chairman and Mr. D Senthi Kumar, Managing Director of the Company. The meeting was declared as closed at around 02:48 PM (IST) and the facility to vote was made available for a further duration of 15 minutes. M/s. B Chandra & Associates, Practicing Company Secretaries, was appointed as the Scrutinizers for both remote e-Voting and e-Voting during the meeting. Their report is awaited, and the results will be announced to the Stock Exchanges, uploaded on the Website of the Company and CDSL platform on receipt of the report. The above will also be available on the website of the Company www.tnpetro.com. We request you to kindly take the above on record. Thanking you, Yours Sincerely, For Tamilnadu Petroproducts Limited Company Secretary Dear Shareholders, It is my privilege to welcome you all to the 41st Annual General Meeting of Tamilnadu Petroproducts Limited. The Annual Audited Financial Statements and other Reports for the year 2025-26 have already been circulated, and I hope you have had an opportunity to look at the performance of the Company during the financial year. With your permission, I shall consider the same as read. The financial year 2025-26 was a year in which external conditions remained demanding, but your Company responded with resilience, discipline and agility. The petrochemical industry operated amid challenges in crude oil and energy prices, raw material availability and logistics, evolving global trade patterns, and geopolitical developments. Against this backdrop, we remained focused on what was within our control: operational excellence, prudent procurement, commercial discipline, cost optimisation and responsible growth. I am pleased to report that these efforts translated into a stronger financial performance. Financial performance Your Company reported a net profit of ₹88.76 crore for FY 2025-26, compared with ₹51.43 crore in the previous year, which constitute an increase of 72.58%. This improvement was achieved despite a 19.7% decline in revenue from operations. It demonstrates that your company’s performance was not dependent solely on revenue growth. Rather, it reflected better realisations, procurement optimisation, cost control and a differentiated sales strategy. Profit before tax, before exceptional items, stood at ₹112 crore and EBITDA was ₹155 crore as of March 2026, and the Company achieved a double-digit EBITDA margin of 10.6%. These results reinforce the value of our disciplined approach to business. We continued to optimise the balance between contract and spot sales, maintain a prudent inventory position and respond quickly to changing market conditions. This helped us protect margins, improve capacity utilisation and pursue opportunities selectively. Industry Outlook The Linear Alkyl Benzene, or LAB industry, underwent significant change during the year. Developments in the Middle East, including disruptions affecting the Strait of Hormuz, had an impact on global supply chains, the availability of LAB from Middle Eastern producers, and the prices of key inputs like normal paraffin. As global availability of LAB tightened, market demand for available supplies improved creating opportunity for better realisations. Your Company managed its contract and spot sales mix carefully to capture these opportunities, while continuing to honour domestic commitments responsibly. Following the completion of plant revamp, we also began to explore export opportunities in a measured manner. We will continue to adopt a balanced approach, serving our domestic customers while evaluating export markets. The industry continues to face challenges. Availability of Normal paraffin, feedstock remains important for the sustained operations of the LAB plant. Prices of Linear Alkyl Benzene Sulphonic Acid (LABSA), also remain closely linked to LAB availability and continue to be volatile. Imports have historically exerted competitive pressure on the domestic market. During the year, anti-dumping duty was imposed on imports of LAB from Iran and Qatar, based on the recommendations of the Directorate General of Trade Remedies (DGTR). This is expected to partially neutralise the impact of cheaper imports in the domestic market and provide a competitive environment for domestic producers. Operations and projects During the year, we successfully completed the planned LAB capacity expansion project and the modernization and capacity expansion of Caustic soda plant. We also completed the capital expenditure project for replacement of adsorbent chamber internals and adsorbent. This has helped reinstate the installed capacity of the Normal Paraffin Unit. While the performance of our operating divisions continued to be influenced by market conditions and input availability, your company remained focused on safeguarding profitability, contr [Showing first 8,000 characters — download PDF for full document]