Shareholders meeting

25th September, 2026 The Manager, The General Manager, Listing Department, Department of Corporate Services, National Stock Exchange of India Ltd, BSE Limited, Exchange Plaza, 1st Floor, New Trading Ring, Plot No. – C – 1, G Block, Rotunda Building, Bandra – Kurla Complex, P.J. Towers, Bandra (East), Dalal Street, Fort, Mumbai – 400051 Mumbai – 400001 NSE Code: PCBL BSE Code (Equity): 506590 BSE Code (Debt): 975353 Dear Sir, Sub: Minutes of the proceedings of the 65th Annual General Meeting (‘AGM’) held on Tuesday, the 22nd day of September, 2026 Pursuant to Regulations 30 and 51(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to enclose herewith a copy of the Minutes of the proceedings of the 65th AGM of the Company held on Tuesday, the 22nd day of September, 2026 through Video Conferencing / Other Audio Visual Means (OAVM) facility. The same is also being uploaded on the Company’s website at www.pcblltd.com . We request you to take the afore-mentioned information in record and oblige. Yours faithfully, For PCBL Chemical Limited Kaushik Mukherjee Company Secretary and Chief Legal Officer Enclo: As above PCBL CHEMICAL LIMITED Minutes of the proceedings of the Sixty-fifth Annual General Meeting of the Members of PCBL Chemical Limited held on Tuesday, the 22nd day of September, 2026 which commenced at 11:30 A.M. (IST) and concluded at 12:05 P.M. (IST) through Video Conferencing (“VC”) facility. PRESENT DIRECTORS : DR. SANJIV GOENKA – CHAIRMAN MR. NILESH KOUL – MANAGING DIRECTOR MR. SHASHWAT GOENKA MRS. PREETI GOENKA MS. SNEH LATA MR. T C SUSEEL KUMAR MR. K JAIRAJ DR. S RAVI MR. UMANG KANORIA COMPANY SECRETARY & : MR. KAUSHIK MUKHERJEE CHIEF LEGAL OFFICER CHIEF FINANCIAL OFFICER : MR. RAJ KUMAR GUPTA An aggregate of 129 Members attended the Annual General Meeting (‘AGM or Meeting’) through VC/OAVM facility, out of which 6 Members were represented by their authorized representatives at the Meeting through the afore-mentioned VC/OAVM facility. Representatives of the Statutory Auditors and the Secretarial Auditors were also present in the Meeting. CHAIRMAN Dr. Sanjiv Goenka, Chairman of the Board was in the Chair in accordance with Article 66 of the Articles of Association of the Company. The Chairman informed that the AGM was being held through Video Conferencing in compliance with the circulars issued by the Ministry of Corporate Affairs and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Company had also provided live webcast of the proceedings of the Meeting. The Chairman further informed that in case of any connectivity problem for him at any point of time, as per decision of the Board of Directors of the Company, Mr. Nilesh Koul, Managing Director or failing him Mr. T. C. Suseel Kumar, Non-Executive Independent Director would conduct rest of the proceedings of the Meeting. QUORUM Necessary quorum being present, the Chairman declared the Meeting open and welcomed the Members. STATUTORY REGISTERS, STATUTORY AUDIT REPORT AND SECRETARIAL AUDIT REPORT The Statutory Registers of the Company maintained pursuant to the applicable provisions of the Companies Act, 2013 and Report of the Statutory Auditors and the Secretarial Auditors, copies whereof were part of the Integrated Report for the year 2025-26 and other necessary documents, required to be available during the AGM were made available for inspection at the website of National Securities Depository Limited (‘NSDL’). BRIEFING ABOUT THE RULES The Company Secretary greeted the Members and briefed them about the procedure relating to the virtual AGM. He informed that the Company had provided the Members the facility to cast their votes electronically, on all the 4 items of business(es) set forth in the Notice through Remote e- voting prior to the AGM and through e-voting system during the AGM using the platform provided by NSDL. The said facility of Remote e-voting commenced at 9:00 A.M. (IST) on Saturday, 19th September, 2026 and concluded at 5:00 P.M. (IST) on Monday, 21st September, 2026. Further, on 22nd September, 2026, the day of the 65th AGM, the facility of e-voting was also provided by the Company to its Members present through VC/OAVM facility, who did not cast their votes through Remote e-voting. It was informed that Mr. Anjan Kumar Roy, Practising Company Secretary, (Membership No. – FCS 5684) was appointed as the Scrutinizer to scrutinize the Remote e-voting process prior to the AGM and through e-voting system during the AGM in a fair and transparent manner and he had joined the Meeting. Also, Mr. J.P Yadav had joined the Meeting as representative of Statutory Auditors, M/s. S R Batliboi & Co, LLP. It was further informed by the Company Secretary that there would be no voting by show of hands. No result would be declared at the Meeting. He also informed that the Company had received requests from some Members to pre-register themselves as speakers at the Meeting and accordingly, they would be invited to ask questions or express their views when their names are called out by the Chairman after all the items of business(es) are taken up. Members were requested to keep their questions/suggestions brief. The Company Secretary then requested the Chairman to conduct rest of the proceedings of the Meeting. NOTICE The Chairman then took up the formal proceedings of the AGM. The Notice dated 30th April, 2026 convening the 65th AGM together with Financial Statements and Boards’ Report, were taken as read with the consent of the Members present. CHAIRMAN’S SPEECH The Chairman then addressed the Members and informed that the last year was a challenging year but this year promises to be a good year. He further added and said that the circumstances are challenging but a lot of internal changes and transformation are leading to better results, better capacity utilization and better R&D, which would improve the margins. He further added by saying that the Company is steadily increasing its capacities in commodity blacks, more importantly in specialty blacks and in chemicals. With a steady expansion and change in product mix towards value added products, the Company is noticing a steady and definite shift in contributions. He also said that the geopolitical situations are not very conducive in terms of the raw material supplies. He concluded by saying that the battery chemicals plant is getting ready and products are under trial with various consumers and that once the battery chemicals plant becomes fully operational after receiving approvals from all customers, it could be a significant bottom line accretive business to the Company. AGENDA ITEMS The Chairman then took up the Agenda items as mentioned in the Notice and moved the following Resolutions: Resolution No. 1 (As an Ordinary Resolution) “Resolved that the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2026 and the Reports of the Board of Directors and the Auditors thereon, and the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2026 and the Report of the Auditors thereon, as circulated to the Members, be and are hereby considered and adopted.” Resolution No. 2 (As an Ordinary Resolution) “Resolved that the Interim Dividend @ 600% (i.e. Rs. 6.00/-) per equity share of Re. 1/- each already paid during the year as Interim Dividend for the Financial Year 2025-26 be and is hereby noted and confirmed.” Resolution No. 3 (As an Ordinary Resolution) The Chairman requested Mr. Nilesh Koul, Managing Director of the Company for taking up the Item No. 3 of the Notice as the same involved the re-appointment of Dr. Sanjiv Goenka. Mr. Nilesh Koul then took up the said Item. “Resolved that in accordance with the provisions of Section 152 and other applicable provisions, if any, of the Companies Act, 2013, (including any statutory modification(s) or re-enactment(s) thereof, for the [Showing first 8,000 characters — download PDF for full document]