Scrutinizers Report on AGM Voting

VINAY BABU GADE.c.... Company Secretary in Practice Mobile: 9160999526 Email: cs.gvinay(@ gmail.com CONSOLIDATED SCRUTINIZER’S REPORT ON 40™ ANNUAL GENERAL MEETING OF HBL ENGINEERING LIMITED Form No MGT- 13 [Pursuant to Section 108 and 109 of the Companies Act, 2013 read with Rule 20 and 21 of the Companies (Management and Administration) Rules, 2014 as amended from time to time] Dr. AJ Prasad Chairman for 40* Annual General Meeting of the Equity Shareholders of HBL Engineering Limited (formerly HBL Power Systems Limited), Hyderabad-500034. Dear Sir, Sub:- Consolidated Scrutinizer’s Report on remote e-voting conducted pursuant to the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 as amended by Companies (Management and Administration) Amendment Rules, 2015 for the 40t" Annual General Meeting of HBL Engineering Limited (formerly HBL Power Systems Limited) held on Saturday, September 26, 2026 at 03.00 pm (IST) through video conferencing (‘'VC') / other audio visual means (‘OAVM’). The meeting ended at 04:08 pm. I, Vinay Babu Gade, Practicing Company Secretary, having office at Hyderabad, Telangana, have been appointed as the scrutinizer by the Board of Directors of HBL Engineering Limited (CIN: L40109TG1986PLCO06745), having registered office at 8-2-601, Road No.10, Banjara Hills, Hyderabad - 500 034, Telangana (the "Company") pursuant to Section 108 and 109 of the Companies Act, 2013 read with Rule 20 and 21 of the Companies (Management and Administration) Rules, 2014 and other applicable provisions, if any, and in accordance with Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015 including any statutory modification(s) or re-enactment(s) thereof for the time being in force. My scope as a scrutinizer is: To scrutinize the votes casted through electronic means (the "e-voting") and insta poll and to check whether the remote e-voting process was conducted in fair and transparent manner held between Wednesday the September 23, 2026, 09.00 AM (IST) and Friday the September 25, 2026, 05.00 PM (IST) and instapoll e-voting during the AGM as stated in the Notice of the Annual General Meeting. # 3-10-442/304, Sree Laxmi Venlif ra Residency, LB Nagar, Hyderabad- 500074, Telangana, India Dispatch of Notice convening the Annual General Meeting: The e-Notice dated August 08, 2026 convening 40™" Annual General Meeting of the equity shareholders of the Company scheduled on Saturday the September 26, 2026 through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”) at 3:00 P.M, was sent through e- mail on September 03, 2026 to the shareholders whose names were recorded in the Register of members or in the Register of beneficial owners maintained by the depositories of the Company as on Friday, August 28, 2026. Pursuant to General Circulars issued by the Ministry of Corporate Affairs, Government of India and Securities and Exchange Board of India. Newspaper Advertisement: A public notice by way of an advertisement in newspapers was published by the Company on September 04, 2026 on the completion of dispatch of notices of the Annual General Meeting, in terms of Rule 20 of the Companies (Management and Administration) Rules, 2014 and other applicable provisions, if any, including any statutory modification(s) or re-enactment(s) thereof for the time being in force, in Financial Express (English newspaper having nationwide circulation) and Andhra Jyothi (principal vernacular language newspaper of the State in which the registered office is situated) for the purpose of voting. Cut-off date: The shareholders whose names were recorded in the Register of members or in the Register of beneficial owners maintained by the depositories of the Company as on the "cut-off " date of September 11, 2026, were entitled to vote on the resolutions as set out at item nos.01 to 09 in the Notice of the Annual General Meeting. For e-voting (remote): Pursuant to Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable regulations, if any, including any statutory modification(s) or re-enactment(s) thereof for the time being in force the Company has arranged for remote e-voting facility to its shareholders through M/s. KFin Technologies Limited, Registrar and Share Transfer Agents having their office at Gachibowli, Hyderabad (the "Agency"). The e-voting period commenced on Wednesday September 23, 2026, 09.00 AM (IST) and ended on Friday the September 25, 2026, 05.00 PM (IST). The e-voting platform was provided as per the SEBI circular SEBI/HO/CFD/CMD/CIR/P/2020/242 dated December 09, 2020, was blocked thereafter and the votes cast under e-voting facility were then unblocked by me on Friday the September 25, 2026, at 06:52 PM (IST). I have scrutinized and reviewed the remote e-voting process and votes tendered therein based on the data downloaded from the Agency e-voting system [https://evoting.kfintech.com]. For voting during AGM: The Chairman of the meeting announced voting through instapoll after the meeting. The instapoll facility was provided by KFin Technologies Limited, Registrar and Share Transfer Agents having their office at Gachibowli, Hyderabad. The instapoll was managed and reconciled by the Company / Registrar and Share Transfer Agents i.e., KFin Technologies Limited having office at Gachibowli, Hyderabad. (the "Agency"). As per the list of shareholders provided by the Company / Agency, the names of the shareholders who have voted on e-voting platform through [https://evoting.kfintech.com] have been blocked and the instapoll vote casted by the members attended from remote locations during the meeting were only reconciled for the purpose of eliminating duplicate voting. | have scrutinized and reviewed the instapoll voting. The vote cast through process was conducted in fair and transparent manner. I now submit my consolidated report as under on the results of voting through remote e- voting and instapoll voting for the 40" Annual General Meeting in respect of the said resolutions in Annexure appended hereto. The compliance with the provisions of the Companies Act, 2013 and the rules made thereunder and regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 relating to remote e-voting and voting through instapoll (whichever and wherever applicable) have been taken care by management of the Company. All relevant records relating to electronic voting shall remain in my custody until the Chairman considers, approves and signs the Minutes of the 40" Annual General Meeting and the same shall be handed over to the Chairman / Company Secretary for safe keeping and all relevant records relating to ballot voting have been handed over to Company Secretary of the Company for safe keeping. Thank you, Yours faithfully Scrutinizer For HBL Engineering Limited Countersigned by (authorized by Chairman) eN S Company Secretary in Practice ACS No.: A20592 .CP No.:20707 G B S Naidu PR No. 3047/2023 Company Secretary UDIN: A020592H001621279 Place: Hyderabad Place: Hyderabad Date: 26.09.2026 Date: 26.09.2026 Annexure ORDINARY BUSINESS Item No. 1 - Ordinary Resolution To receive, consider and adopt the audited financial statements (standalone and consolidated) of the Company for the financial year ended March 31, 2026, together with the reports of the Board of directors and auditors thereon. a. Voted in favor of the resolution Number of members ‘ Number of valid votes cast by % of total number of valid votes voted them cast | 366 [ 17,74,76,031 | 99.60 | b. Voted against the resolution Number of members Number of valid votes cast by " % of total number of valid votes voted them cast 44 6,68,266 038 ] c. Invalid votes Number of members whose votes were declared Number of inval [Showing first 8,000 characters — download PDF for full document]