Proceedings of 50th AGM of the Company held on 25.09.2026 at 11.30 A.M. through Video Conference

Ref: KSML/CS/023/2026-27 Date: 25-09-2026 DGM - Listing BSE Limited P.J. Towers, Dalal Street, Mumbai 400 001 Dear Sir, Sub: Enclosure of proceedings of the 50th Annual General Meeting of the Company held on 25-09-2026 Ref: Regulation 30 read with Schedule III of Part A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 In accordance with the above referred regulation, we herewith enclosed proceedings of the 50th Annual General Meeting of the Company held on 25.09.2026 Please take the same for your records. Thanking you, Yours faithfully, For Kandagiri Spinning Mills Limited (J. Asifa) Company Secretary & Compliance Officer Encl: 50th AGM Proceedings PROCEEDINGS OF THE 50TH ANNUAL GENERAL MEETING (“AGM”) OF THE MEMBERS OF KANDAGIRI SPINNING MILLS LIMITED (“THE COMPANY”) HELD ON FRIDAY, ON 25-09-2026 AT 11.30 A.M. THROUGH VIDEO-CONFERENCE (‘VC’) Welcome Address given by Company Secretary Ms. J. Asifa: Good Morning. Welcome you all to the 50th Annual General Meeting of your Company. I wish to mention that like previous years, this AGM is held through Video-Conference (‘VC’) in accordance with the Circulars issued by the Ministry of Corporate Affairs and SEBI. Further, I extend my wishes to you all for completion of 50 years of our Company in this year 2026. Myself Company Secretary CS J Asifa along with Other Directors namely Mr. Adinarayana Sripathy Kumar, Chairman and Non-Executive Director, Mr. S. Sivakumar, Managing Director, Mr. Manoj Kumar Maurya, Whole-Time Director and Chief Financial Officer and CA R. Soundarya, Partner, SSAL & Associates, Statutory Auditors are joining this meeting through VC from the Registered Office of the Company, Salem. Non-Executive Independent Director CA R. Raveendran (who is also Chairman of Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee) and Independent Director CS Kannan Anjana Maragatham joined this meeting through VC from their own Offices in Salem. CS V. Sankar, Partner, KUVS & Associates, Secretarial Auditors joined this meeting through VC from Coimbatore and CMA K. Karthikeyan, Scrutinizer had joined this meeting through VC from Trichy. Thereafter Chairman Mr. Adinarayana Sripathy Kumar after ascertaining the requisite quorum present, called the meeting to order and delivered his speech as follows: Dear esteemed shareholders Good Morning to all of you It is my privilege to welcome you to the 50th Annual General Meeting of your Company “Kandagiri Spinning Mills Limited”. I thank all shareholders for joining this meeting through video conference and for your continued support and trust in the Company. Contd.…2 : 2 : The AGM Notice, Directors Report with all annexures containing the full Annual Report of the company for the year 2025-26 narrating the performance of the company and other required information is already circulated to all and with your permission the same will be taken as read. The Independent Auditors Report contains qualified opinion on material uncertainty related to going concern and the Management Explanation is given in the Directors Report (Page No: 23 & 24 of annual report) and the Directors Report being circulated to all, with your permission, the same will be taken as read. This year marks a significant milestone, as your Company completes 50 years in 2026. This occasion gives us an opportunity to reflect on the journey so far and more importantly, to recommit ourselves to build a stronger future of the Company. During the financial year 2025-26, the Company witnessed change in management and control, along with changes in the Board of Directors and leadership. The new management has assumed charge with a clear sense of responsibility and with a renewed focus on revival, stability and long- term value creation. Your Company has been engaged in yarn trading business and the business has faced continued challenges over the past several years with continued loss. The management is fully conscious of these challenges and is taking a careful and structured approach to address them. Also, we believe that every challenge presents an opportunity for renewal. Accordingly, the Board of Directors and Management of the Company are actively exploring new business opportunities and evaluating strategic alternatives with a focus on identifying viable avenues to revive the Company and create long-term value. The path ahead will require patience, careful planning and disciplined execution. The Board and management are committed to act with Compliance, transparency, prudence, and accountability and to take all necessary steps in the best interests of the Company and its stakeholders. I thank all shareholders, employees, and Board members for their support and trust With this I thank you all and pass over to Company Secretary Ms. J. Asifa to proceed further. Company Secretary briefly narrated the background and purpose of each of the resolutions set forth in the notice convening the 50th AGM of the Company. Contd.…3 : 3 : Resolutions stated in the 50th AGM Notice: Ordinary Business: (1) Adoption of Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2026 – Ordinary Resolution (2) Reappointment of Retiring Director, Chairman and Non-Executive Director – Ordinary Resolution (3) Remuneration of Statutory Auditors – Ordinary Resolution Special Business: (4) Reappointment of CA R. Raveendran as a Non-Executive Independent Director of the Company – Special Resolution (5) Appointment of CS Kannan Anjana Maragatham as a Non-Executive Independent Director of the Company – Special Resolution Further informed that, the Company has made necessary arrangements to ensure participation of members at this meeting through VC and to enable them to vote on the resolutions set forth in the Notice, electronically. Trust all of you have referred general instructions for e-voting and for participating in this meeting. In case of members facing any difficulty while participating in the meeting or to cast their votes through e-voting, may reach out on the helpline numbers given under e-voting instructions. Company had provided the option of registering as speaker Shareholders during the AGM and/or sending the queries in advance through email. No queries were received by the Company. Eleven shareholders registered as speaker shareholders. However, only 4 speaker shareholders participated. Shareholders wished the Management, Board of Directors and entire team of company on completion of 50 years and several questions raised by the speaker shareholders (mainly on future plans of the Company) were replied by Managing Director Mr. S. Sivakumar. Shareholders were informed that those who had not cast their vote through remote e-voting (Period of remote e-voting: Start date & date – Tuesday, 22-09-2026 at 9.00 a.m. and End date and time – Thursday, 24-09-2026 at 5.00 p.m.) can vote through e-voting during the AGM. The e-voting will be available upto 15 minutes after the conclusion of the AGM. Contd.…4 : 4 : Company Secretary then informed that the Scrutinizer will submit a consolidated report on the e-voting results (both remote e-voting and e-voting during the AGM) within 2 working days from the conclusion of the AGM/e-voting and the same will be displayed in the website of the company and also in the website of BSE Limited. With no other queries and there being no other agenda for discussion, Chairman then thanked the members for attending the meeting and for their unstinted support to the Company and declared the meeting as closed at 12.00 noon. The e-voting during the AGM was allowed upto 12.15 p.m. For Kandagiri Spinning Mills Limited (J. Asifa) Company Secretary & Compliance Officer