Shareholders meeting

Date: September 26, 2026 To, To, National Stock Exchange of India Limited BSE Limited, Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex Dalal Street, Mumbai – 400 001 Bandra East, Mumbai – 400051 BSE SCRIP Code – “544411” Symbol: “SCODATUBES” Dear Sir / Madam, Subject: Outcome of 18th Annual General Meeting of the Company The Company’s 18th Annual General Meeting (AGM) was held on Saturday, September 26, 2026 through Video Conferencing (VC) via ZOOM Platform. The Meeting commenced at 04:00 P.M. (IST) and concluded at 04:37 P.M. (IST). The remote e-voting facility was commenced on 09:00 A.M. on Wednesday, September 23, 2026 and was ended on 05:00 P.M. on Friday, September 25, 2026. During the meeting, remote electronic voting facility was enabled by the National Securities Depository Limited for members, who were present at the Meeting and had not already voted through e‐voting platform of NSDL, for voting in respect of businesses set forth in the notice of 18th Annual General Meeting (AGM) of the Company and the said facility was available till 15 minutes after the closure of Meeting. Pursuant to Regulation 30 r. w. Part‐A of Schedule III to the SEBI (LODR) Regulations, 2015, please find enclosed herewith Summary of Proceedings of 18th Annual General Meeting. Kindly take the same on your record and oblige us. For, SCODA TUBES LIMITED Jagrutkumar Rameshbhai Patel Managing Director DIN: 06785595 Scoda Tubes Limited Survey Nos.: 2437, 2442, 2443, 2446, Ahmedabad-Mehsana highway, Village: Rajpur, Tal. Kadi, Dist. Mehsana, Gujarat, India, 384440. Phone: + 91 2764 278 278 | Email: info@scodatubes.com | sales@scodatubes.com Web: www.scodatubes.com THE BRAND YOU CAN TRUST CIN NO.: L28110GJ2008PLC055392 SUMMARY OF PROCEEDINGS OF THE 18TH ANNUAL GENERAL MEETING The 18th Annual General Meeting (AGM) of the Members of Scoda Tubes Limited ("the Company") was held on Saturday, September 26, 2026 at 04:00 P.M. (IST) through two‐way video conferencing ("VC") via ZOOM Platform. The meeting was commenced at 04:00 P.M. Scrutinizer Mr. Anand Lavingia, Designated Partner of M/s. Prasad and Partners LLP (Formerly Known as M/s. ALAP & CO. LLP), checked requisite quorum and requisite quorum being present, they instructed to the Company Secretary Ms. Nishita Mayank Sanghvi to formally start meeting. As decided by the Board of Directors of the Company, Mr. Samarth Bharatbhai Patel (DIN: 08036100), Whole-Time Director of the company, acted as Chairman of the Meeting. Ms. Nishita Mayank Sanghvi, Company Secretary & Compliance officer started the proceeding of Annual General Meeting. Firstly, on behalf of the Chairman she welcomed the Shareholders of the Company and informed them, that the Annual General Meeting is held through VC/ OAVM in compliance with the circulars issued by the Ministry of Corporate Affairs, Government of India and Securities and Exchange Board of India. She further informed that the meeting being held through VC/ OAVM the facility for appointment of Proxies was dispensed with. The requisite quorum being present and with the permission of the Chairman, she called the Meeting to be in order. Further, she introduced all the Panelists present at the Meeting including Chairman, Board of Directors, Authorized Representative of Statutory Auditor and Secretarial Auditor of the Company. The Shareholders were also informed that: • The Company had circulated notice in newspapers and also sent emails to the shareholders along with detailed process to login, voting through remote e-voting as well as to participation in the meeting; • The Company had provided facility for remote E voting. Remote e-voting was opened from 09:00 A.M. on Wednesday, September 23, 2026 and was ended on 05:00 P.M. on Friday, September 25, 2026; • There would be no voting by show of hands. Members who didn’t vote though remote e-voting were provided with e-voting facility during the AGM and the said facilities were made available till 15 minutes after the conclusion of AGM; • All the members who have joined this meeting are by default placed on mute, to avoid any disturbance from background noise and ensure smooth and seamless conduct of the meeting; • Members were requested to note that the AGM was being recorded. • The Register of Directors and Key Managerial Personnel, the Register of Contracts and Arrangements, and any other documents mentioned in the AGM Notice, had been made available electronically for inspection by members during the AGM. Members may inspect the same by requesting the Company at cs@scodatubes.com • The Board of Directors have appointed M/s. Prasad and Partners LLP (Formerly Known as M/s. ALAP & CO. LLP), Practicing Company Secretaries, as Scrutinizer to scrutinize the votes casted during the meeting and the votes casted through remote e- voting platform of National Security Depository Limited. The results will be declared after receiving of Scrutinizer report at the earliest within 2 working Days after the meeting. The results will also be available on website of the Company. Further, she requested Chairman, to reflect upon financial year 2025-26. The Mr. Samarth Bharatbhai Patel took the charge and extended a warm welcome. He mentioned that it was a great honour to speak with the shareholders today at Company’s second annual general meeting since the listing of our company on BSE Limited and National Stock Exchange of India Limited. FY 2025–26 was a strong year for the Company, with revenue rising 7% to ₹518.7 crore and PAT increasing 22.4% to ₹38.8 crore. Export revenue grew significantly by 39% to ₹179.5 crore, while net debt-to-equity improved from 1.1x to 0.3x. The Company operates 33 seamless and 2 welded production lines, with a capacity of 21,088 MTPA, serving 349 customers across 32 countries. Scoda Tubes Limited Survey Nos.: 2437, 2442, 2443, 2446, Ahmedabad-Mehsana highway, Village: Rajpur, Tal. Kadi, Dist. Mehsana, Gujarat, India, 384440. Phone: + 91 2764 278 278 | Email: info@scodatubes.com | sales@scodatubes.com Web: www.scodatubes.com THE BRAND YOU CAN TRUST CIN NO.: L28110GJ2008PLC055392 It plans to expand capacity to around 21,150 MTPA by FY 2027–28 and enter additional sectors such as data centres. The Company is also strengthening its international presence through new accreditations and global exhibitions. As part of its sustainability initiatives, it is installing 8.79 MW of captive solar capacity, involving ₹31.7 crore investment, expected to generate annual savings of about ₹8.7 crore. Production was temporarily affected in March 2026 due to a gas-related disruption linked to the West Asia conflict. Moving further the Ms. Nishita Mayank Sanghvi, Company Secretary and Compliance Officer took over the charge to continue with rest of the proceedings of the meeting. She mentioned that as per the statutory requirements, Annual Report for the Financial Year 2025-26 had already been circulated to all the shareholders along with Notice, Director’s Report, Auditor’s Report and Financial Statements. The report of Secretarial Audit Report contains remarks that the company had delayed in filing certain e- forms with the Registrar of Companies (ROC). However, the said e-forms were subsequently filed after payment of the applicable additional fees as prescribed under the provisions of the Companies Act, 2013 and the rules made thereunder. The Management has assured that such delays will be avoided in the future and that greater attention will be paid to compliance with statutory timelines. The report of Independent Statutory Auditor’s did not contain any qualifications or observations. Therefore, it was not necessary to read the said Reports at the meeting. Ms. Nishita Mayank Sanghvi said that there were Fourteen (14) business agendas to be transacted at the Meeting as per the Notice. Thereafter, the following resolutions as set out in the Notice convening 26th Annual General Meeting were taken as read with the permission of chairman: Sr. No. [Showing first 8,000 characters — download PDF for full document]