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EASTERN SILK INDUSTRIES LIMITED CIN : L17226WB1946PLC013554 Tel : + 91- 80-27840691 Corporate Office : # 39, Chandapura, Anekal Road Email : Office@EasternSilk.com Bangalore, Karnataka - 562106 Website : www.EasternSilk.com Date: September 26, 2025 National stock exchange of India Ltd BSE Limited Exchange Plaza Floor 25, P.J. Towers, Bandra Kurla Complex Dalal Street, Bandra (E), Mumbai 400 051 Mumbai 400 001 NSE Symbol: EASTSILK BSE Scrip Code: 590022 Dear Sir / Madam, Subject: Proceedings of 80th Annual General Meeting held on 26th September 2026 Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith a summary of proceedings of 80th Annual General Meeting of the Company held on 26th September 2026 through Video Conference (VC) / Other Audio Visual Means (OAVM). You are requested to kindly take above information on your records. Thanking you. Yours faithfully, For Eastern Silk Industries Limited Nitin Dubey Company Secretary Registered Office: #19, R. N. Mukherjee Road, Kolkata – 700001 An ISO 9001:2015 (QMS), ISO 14001:2015 (EMS) ISO 45001:2018 (OHSMS) Certified Company EASTERN SILK INDUSTRIES LIMITED CIN : L17226WB1946PLC013554 Tel : + 91- 80-27840691 Corporate Office : # 39, Chandapura, Anekal Road Email : Office@EasternSilk.com Bangalore, Karnataka - 562106 Website : www.EasternSilk.com SUMMARY OF PROCEEDINGS OF THE 80TH ANNUAL GENERAL MEETING (“AGM”) OF THE COMPANY DIRECTORS PRESENT THROUGH VIDEO CONFERENCING: 1. Mr. Ajay Bikram Singh, Chairman. 2. Mr. Deepak Kumar Gupta, Independent Director. 3. Mr. Praveen Kumar Agarwal, Independent Director. 4. Mr. Ramesh Chandragiri Reddappa, Whole-Time Director. 5. Mr. Sunil Kumar, Whole-Time Director. 6. Ms. Jyoti Thomas, Independent Director. IN ATTENDANCE - THROUGH VIDEO CONFERENCING: 1. Mr. Nitin Dubey, Company Secretary & Compliance Officer 2. Mr. Ayush Goel, CFO INVITEES - THROUGH VIDEO CONFERENCING: 1. Mr. Nitin Ghanshyam Hotchandani, M/s H Nitin & Associates, Company Secretaries, Secretarial Auditors of the Company. 2. Mr. Gaurav Arora, M/s Gaurav Arora & Co., Company Secretaries, Scrutinizer. 3. Mr. Pulkit Vyas , Vyas and Vyas Chartered Accountants. 4. Mr. Rajiv Goel, MS ABS Consultant Private Limited The Meeting started at 01.00 P.M. (IST), Total 31 Members attended the meeting through Video Conferencing. Mr. Ajay Bikram Singh, Chairman of the meeting extended a warm welcome to the Directors, Members and invitees present at the meeting. The chairman addressed the shareholders on current and future perspectives of the company. Mr. Nitin Dubey, confirmed the presence of requisite quorum in terms of Section 103 of the Companies Act, 2013 (“the Act”). Thereafter, the Chairman called the meeting to order. Proceedings of the meeting are given hereunder: 1. Mr. Nitin Dubey informed that the Meeting was held through VC/OAVM facility in compliance with the circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India, from time to time. 2. Mr. Nitin Dubey informed that the Notice convening the AGM and Annual Report for the Financial Year 2025-26 were sent to all the members and others entitled thereto. 3. Mr. Nitin Dubey then informed the Members that pursuant to the provisions of the Act, and the Rules framed thereunder and Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company had provided remote e-voting Registered Office: #19, R. N. Mukherjee Road, Kolkata – 700001 An ISO 9001:2015 (QMS), ISO 14001:2015 (EMS) ISO 45001:2018 (OHSMS) Certified Company EASTERN SILK INDUSTRIES LIMITED CIN : L17226WB1946PLC013554 Tel : + 91- 80-27840691 Corporate Office : # 39, Chandapura, Anekal Road Email : Office@EasternSilk.com Bangalore, Karnataka - 562106 Website : www.EasternSilk.com facility to the Members of the Company in respect of the Resolutions mentioned in the Notice of the meeting and the same commenced at 09.00 a.m. (IST) on September 22, 2026 and ended at 05.00 p.m. (IST) on September 25, 2026. He further informed that the Company had engaged the services of National Securities Depository Limited (“NSDL”) as the authorized agency to provide remote e-voting as well as the e-voting on the date of the AGM and had appointed Mr. Gaurav Arora of M/s Gaurav Arora & Co., Company Secretaries, New Delhi as the Scrutinizer for the purpose of scrutinizing the votes cast through remote e-voting as well as the e-voting on the date of the AGM in a fair and transparent manner. It was apprised to the members that the Statutory Auditor’s Report was free from any qualifications, observations or comments or disclaimers or other remarks on the financial transactions or matters, which may have any adverse effect on the functioning of the Company. Further, the Secretarial Auditor’s Report was free from any qualifications, observations or comments or disclaimers or other remarks. The Chairman delivered his speech. After that, a brief summary with respect to the items forming part of the Notice of the AGM was presented by Mr. Nitin Dubey for the reference of the shareholders: Resolutions ORDINARY BUSINESS: 1. Adoption Of Audited Financial Statements Of The Company For The Financial Year Ended on March 31, 2026 And the Reports Of The Board Of Directors And Auditors Thereon. 2. Appointment of a director in place of Mr. Ramesh Chandragiri Reddappa (din: 10535137), who retires by rotation, and being eligible, has offered himself for re-appointment. 3. Appointment of Statutory Auditors from the conclusion of this Annual General Meeting until the conclusion of the 85th Annual General Meeting and to fix their remuneration. SPECIAL BUSINESS: 4. Appointment of M/s. Vyas and Vyas, Chartered Accountants, as the Statutory Auditors of the Company to fill the casual vacancy caused by the resignation of M/s. B K Shroff & Co., Chartered Accountants. 5. To approve material related party transaction of providing Corporate Guarantee for the credit facilities being availed by Bauman Dekor Private Limited and to create mortgage/pledge/hypothecation/charge on all or any of the movable/immovable properties of the Company for the credit facilities being availed by Bauman Dekor Private Limited 6. Increase in Investment Limits for NRIs and OCIs – proposal to increase the existing limit from 10% to 24% of paid-up capital 7. Enhancement in limits of Investments/Loans/Guarantees/Securities under Section 186 of the Companies Act, 2013 Registered Office: #19, R. N. Mukherjee Road, Kolkata – 700001 An ISO 9001:2015 (QMS), ISO 14001:2015 (EMS) ISO 45001:2018 (OHSMS) Certified Company EASTERN SILK INDUSTRIES LIMITED CIN : L17226WB1946PLC013554 Tel : + 91- 80-27840691 Corporate Office : # 39, Chandapura, Anekal Road Email : Office@EasternSilk.com Bangalore, Karnataka - 562106 Website : www.EasternSilk.com 8. To approve Conversion of Loan in to Equity pursuant to Resolution Plan Approved by Honble NCLT. 9. Approval for availing of the non-interest-bearing unsecured loan from Director(s) and/or Promoter(s) with an option for conversion of the loan into Equity Shares of the Company 10. To Approve the Material Related Party Transactions With Warps And Wefts FZC 11. To Approve the Material Related Party Transactions With Design Coordinates 12. To Approve the Material Related Party Transactions With M/S Baumann Dekor Private Limited 13. To Approve the Material Related Party Transactions With M/S Consilio Resources Private Limited 14. To Approve the Material Related Party Transactions With M/S Baumann Dekor 15. To Approve the Material Related Party Transactions with M/S Shakuntla Sampling 16. To Approve the Material Related Party Transactions with M/S Trendz Building Materials Trading LLC. Thereafter, Mr. Nitin Dubey informed the Members that the facility for voting through e-voting system was made available during the AGM and 15 minutes after conclusion of the AGM, for Members who had not cast their [Showing first 8,000 characters — download PDF for full document]