General Updates

Iii- Nilltamal Nilkamal Limited Head Office: 3rd Floor, Chromium Building ,CTS·No.106/1-5, Near L&T Junction, Milind Nagar, Jogeshwari-Vikhroli Link Road, Off. Saki Vihar Road, Powai, Mumbai-400072. • Tel.: +91 22 4235 8888 Material Handling Division : E-mail: marketing@nilkamal.com • Visit us at: www.nilkamalmaterialhandling.com Furniture Division : E-mail: furniture.enquiry@nilkamal.com • Visit us at: www.nilkamal.com Nilkamalhomes Division: E-mail : connect@nilkamalhomes.com • Visit us at: www.nilkamalhomes.com Ref: 40th AGM/SE Date: July 17, 2026 To, To, BSE Limited National Stock Exchange oflndia Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Dalal Street, Mumbai-400 001. Bandra Kurla Complex, Bandra East, Mumbai-400 051. SCRIPT CODE: 523385 SYMBOL: NILKAMAL Sub: Chairman Statement made at the 40th Annual General Meeting of the Company, held on Friday, July 17, 2026. Dear Sir/Madam, Please find attached Chairman Statement made at the 40th Annual General Meeting of the Company held today on Friday, July 17,2026 at 11:00 a.m. (IST) through two-way Video Conference ('VC')/Other Audio Visual Means ('OAVM'). This is for your information and appropriate dissemination. Thanking you, Yours Faithfully, For Nilkamal Limited Sagar Mehta Company Secretary & Compliance Certificate Encl.: As above. Regd. Office & Works: Survey No. 354/2 & 354/3, Near Rakholi Bridge, Silvassa-Khanvel Road, Vasona, Silvassa-396230 (D & NH). • Tel.: (0260) 2699212/ 13/14/15/082/083 CIN : L25209DN1985PLC000162 -- . Nilltamal Nilkamal Limited Head Office: 3rd Floor, Chromium Building ,CTS-No.10611-5, Near L&T Junction, Milind Nagar, Jogeshwari-Vikhroli Link Road, Off. Saki Vihar Road, Powai, Mumbai -400072. • Tel. : +91 22 4235 8888 Material Handling Division : E-mail : marketing@nilkamal.com • Visit us at: www.nilkamalmaterialhandling.com Furniture Division : E-mail: furniture.enquiry@nilkamal.com • Visit us at: www.nilkamal.com Nilkamalhomes Division : E-mail : connect@nilkamalhomes.com • Visit us at: www.nilkamalhomes.com Good Moming, Dear Shareholders, Ladies and Gentlemen. I wannly welcome you all to the 401 h Annual General Meeting of the Company. On behalf of the Board of Directors, I thank all our shareholders for joining us today and for your continued trust and support. As the required quorum is present, I declare the meeting to order. I will now briet1y share the Company's performance during the financial year 2025-26. During the year, both our B2B and B2C businesses continued to grow steadily. However, towards the end of the year, global events led to unce1iainty in supply chains and a sharp increase in raw material prices. This created challenges for the business. While these market conditions continue to remain challenging, we responded by taking suitable pricing and operational measures to reduce the impact and maintain our competitiveness. We remained focused on providing quality products, serving our customers well and creating long-term value for our stakeholders. 1 am pleased to share that our effmis to expand beyond plastic furniture are showing good results. For the first time, sales from our non-plastic furniture, mattresses and foam products were higher than sales from plastic fumiture. This is an important milestone for the Company and reflects the success of our product diversification strategy. Both our B2B and B2C businesses achieved healthy growth during the year. Let me now share some key financial highlights: • Revenue from operations increased to ~3,686 crore, compared to ~3,239 crore in the previous year reflecting a growth of about 14%. • Profit After Tax increased to n 05 crore from ~91 crore in the previous year, despite a one-time exceptional employee benefit charge of n 5.41 crore arising from the implementation of the new Labour Codes. • As on 31st March 2026, the Company's net worth stood at n,466 crore and total debt stood at ~256 crore. • During the year, we invested n44 crore towards expansion and strengthening of our operations. • The Company had a net cash Surplus balance of~67 crore at the end of the FY 2025-26 and would continue to meet all its capex and working capital requirements from intemal accruals. Regd. Office & Works: Survey No. 35412 & 35413, Near Rakholi Bridge, Silvassa-Khanvel Road, Vasona, Silvassa-396230 (D & NH). • Tel.: (0260) 2699212 I 13 I 14 I 15 I 082 I 083 CIN: L25209DN1985PLC000162 n® . . . Nilltamal Nilkamal Limited Head Office: 3rd Floor, Chromium Building ,CTS-No.106/1-5, Near L&T Junction, Milind Nagar, Jogeshwari-Vikhroli Link Road, Off. Saki Vihar Road, Powai, Mumbai-400072. • Tel. : +91 22 4235 8888 Material Handling Division: E-mail: marketing@nilkamal.com • Visit us at: www.nilkamalmaterialhandling.com Furniture Division: E-mail: furniture.enquiry@nilkamal.com • Visit us at: www.nilkamal.com Nilkamalhomes Division :E-mail : connect@nilkamalhomes.com • Visit us at: www.nilkamalhomes.com m mattresses, sofas and chairs. These investments will help improve quality, efficiency and cost management in the future. Based on the Company's performance, the Board has recommended a final dividend of~20 per equity share, being 200% ofthe face value of per share. The total dividend payout will be ~29.84 crore. Sustainability continues to be an impmiant pmi of our business. During the year, our use of renewable energy from wind and solar sources increased by 15% compared to the previous year and contributed around 16% of our total energy consumption. As part of our CSR activities, we established our third school in Gujarat with modern facilities. This school will provide education to more than 700 students every year. All three-school put together shall provide education to approximately 1400 plus students. I am confident that Nilkamal is well placed for future growth with its strong business foundation, committed employees and clear focus on long-term value creation. I would like to sincerely thank our employees; customers, business pminers, suppliers, bankers and all other stakeholders for their continued supp01i. Most imp011antly, I thank all our shareholders for the confidence you have placed in Nilkamal. I now take this meeting as concluded and with your consent I and other Board members would like to leave the meeting. Thank/you. Sharad V. Parekh Chairman Date: July 17, 2026 Place: Mumbai Regd. Office & Works: Survey No. 354/2 & 354/3, Near Rakholi Bridge, Silvassa-Khanvel Road, Vasona, Silvassa-396230 (D & NH). • Tel.: (0260) 2699212/13/14/15/082/083 CIN : L25209DN1985PLC000162