Proceeding of the 45th AGM of the Company is attched

Date: 28/09/2026 Listing Compliance Department BSE Limited Phiroze Jeejeebhoy Tower, 25th Floor, Dalal Street, Mumbai – 400 001 Scrip Code: 538964 Subject: Summary of Proceeding of 45th Annual General Meeting (AGM) of the Company held on Monday, September 28, 2026 through Video Conferencing (VC) Dear Sir/Madam, Pursuant to provisions of Regulation 30 and all other applicable provisions, if any, of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, we are enclosing herewith summary of proceedings of the 45th Annual General Meeting of the Company held on Monday, September 28, 2026 through Video Conferencing (“VC”). The AGM commenced at 11:30 AM (IST) and concluded at 11:59 AM (IST) You are requested to take the above information on your record. Thanking you. Yours faithfully, For Mercury Laboratories Limited Krishna Shah Company Secretary & Compliance Officer Encl: Summary of Proceedings of 45th Annual General Meeting held on September 28, 2026 SUMMARY OF PROCEEDING OF 45TH ANNUAL GENERAL MEETING HELD ON SEPTEMBER 28, 2026 The 45th Annual General Meeting (“AGM” or “Meeting”) of Mercury Laboratories Limited (“the Company”) was held on Monday, September 28, 2026 at 11:30 a.m (IST) through Video Conferencing facility. The meeting was held in compliance with the General Circular issued by the Ministry of Corporate Affairs ("MCA") and Circular issued by the Securities and Exchange Board of India ("SEBI") and as per the applicable provisions of the Companies Act, 2013 and the Rules made thereunder. The Meeting commenced at 11:30 a.m (IST). Mr. Sanjay Patel, Chairman of the Board & Audit Committee and Ms. Krishna Shah, Company Secretary welcomed the member participants presented in the meeting through Video Conference. Mr. Rajendra Shah, Managing Director of the Company, Mr. Paresh Mistry, Chairman of Stakeholders’ Relationship Committee, Mr. Jayanti Raval, Chairman of Nomination & Remuneration Committee, Ms. Janki Shah, Director, Mr. Ashish Vasavada, Chief Financial Officer and Mr. Saurabh Mittal, Chief Operating Officer had joined the meeting through VC from Corporate Office situated at Vadodara and from their respective locations. Presence of representative of the Statutory Auditor & Secretarial Auditor was confirmed and noted at the meeting. Thereafter, the Company Secretary explained to the Members the general instructions regarding participation and voting at the Meeting. It was also stated that the Company had provided remote e-voting facility to the Members in respect of the resolutions to be passed at the 45th AGM. The remote e-voting commenced at 9:00 a.m. IST on Thursday, September 24, 2026 and concluded at 5:00 p.m. IST on Sunday, September 27, 2026. Members holding shares as of the cut-off date i.e., Monday, September 21, 2026, were only entitled to cast their votes through remote e-voting and e-voting at the Meeting. Further, Members present at the meeting could also cast their votes by means of e-voting that was made available during and 15 minutes after the conclusion of the meeting. The Company Secretary then informed the Members that the statutory registers and documents referred to in the Notice of the 45th AGM were available for inspection electronically. Thereafter, Mr. Rajendra R Shah, Managing Director delivered his speech to the Shareholders. He extended his heartfelt gratitude towards the management, employees, shareholders and diverse Board of Directors for their unwavering support. The Chairman informed that Mr. Nrupang Dholakia (Membership No. F10032) Managing Partner of M/s. Dholakia & Associates LLP, Practicing Company Secretary, Mumbai was appointed as Scrutinizer by the Board to supervise the remote e-voting and e-voting during the process of Annual General Meeting. With the consent of the Members, the Notice Convening the 45th Annual General Meeting, having been circulated to all the Members, was taken as read. As there was no qualification in the Independent Auditors' Report and in the Secretarial Auditors’ Report, the same was not required to be read and with the permission of the Members, Independent Auditor’s Report was taken as read. The following Agenda items of the business as set out in the Notice convening the 45th Annual General Meeting were presented for member’s consideration and approval: ITEM DETAILS OF THE AGENDA RESOLUTION NO. REQUIRED ORDINARY BUSINESS 1. Consideration and Adoption of the Audited Financial Ordinary Statements of the Company for the Financial Year ended March 31, 2026 and the Reports of the Board of Directors and Auditors thereon. 2. Declaration of Dividend of ₹ 3.50/- per equity share of ₹ 10/- Ordinary each for the Financial Year ended March 31, 2026 3. To re-appoint a Director in place of Mr. Dilip R Shah (DIN: Ordinary 00257242), Non-Executive Non-Independent Director who retires by rotation and being eligible, offers himself for re- appointment. SPECIAL BUSINESS 4. Approval for Payment of Remuneration to Ms. Janki R Shah, Special (DIN: 08686344) Non- Executive Director exceeding fifty percent (50%) of total remuneration payable to all Non- Executive Directors 5. Approval for payment of remuneration to Ms. Janki R Shah, Special (DIN:08686344) Non- Executive Director of the Company 6. Approval for payment of remuneration to Mr. Saurabh Mittal, Ordinary Chief Operating Officer of the Company 7. Approval for payment of consultancy fees being paid to the M/s Ordinary Mercury Marketing & Consulting Services 8. Approval for continuation of Mr. Jayantilal Raval Special (DIN:10662609) as Non-Executive Independent Director beyond the age of Seventy-Five (75) Years 9. Ratification of Remuneration payable to the Cost Auditor of the Ordinary Company for Financial Year 2026-27 Thereafter, Members who had registered themselves as speakers were requested to ask questions, which were addressed by Managing Director, Director, COO and CFO. After that the Company Secretary requested the members who were present in the Annual General Meeting through Video Conference had not casted their votes by remote e-voting to cast their votes by e-voting during the course of meeting. Members were informed that the results of the Remote E-voting and E-voting during the Annual General Meeting of the Company would be disseminated and declared within 2 Working days from the conclusion of this Annual General Meeting. Ms Krishna Shah, Company Secretary of the Company gave vote of thanks to Chairman. Ms Krishna Shah, Company Secretary also thanked the Members for attending the Meeting and thanked all the bankers, Customers, channel partners for their continued support. Thereafter, the Chairman stated that all the agenda items of the 45th AGM Notice dated July 25, 2026 are transacted, and that Meeting was concluded at 11:59 a.m. IST. This document does not constitute minutes of the proceedings of the Annual General Meeting of the Company. For Mercury Laboratories Limited Krishna Shah Company Secretary & Compliance Officer