Outcome of the 65th AGM of the company.

1715, Saiprasad Industrial Park-II, Besides Ramol Police Station, CTM-Ramol Road, Ramol Ahmedabad- 382 449. E-mail: cs1@palcorecycle.com Website: www.palcometals.com CIN: L27310GJ1960PLC000998 Mob.: 9067295280 Palco Metals Limited 28th September, 2026 The Manager Listing Department, BSE Limited P. J. Towers, Dalal Street, Mumbai -400 001 SCRIP CODE: 539121 Sub: Proceedings of 65th Annual General Meeting of the Company held on 28th September, 2026, in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. With reference to the captioned subject, 65th Annual General Meeting (“65th AGM”) of the members of Palco Metals Limited (“the Company”) was held on 11:00 A.M. Monday, the 28th September, 2026 at 1715, Saiprasad Industrial Park-II, Besides Ramol Police Station, CTM- Ramol Road, Ramol, Ahmedabad-382449, Gujarat. Pursuant to Regulation 30, Part A of Schedule-III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby furnished the proceedings (outcome) of the said 65th AGM as under. Mr. Kirankumar Agrawal, Chairperson of the Board of Directors, occupied the Chair for conducting the meeting and was declared as the Chairperson of the Meeting. Following were present at 65th AGM: Mr. Kirankumar Agrawal - Managing Director Mr. Gaurav Jani - Independent Director Audit Committee Chairman Mr. Mukesh Tiwari - Company Secretary & Compliance Officer Mr. Punit Lath, Practicing Company Secretary & Secretarial Auditors, Scrutinizer for the AGM of the Company was also present. Total 22 members in person were present in the meeting holding 2268506 shares out of 4000000 shares (i.e.56.71%) to form the Quorum and the meeting was in order for conducting the business as required under Section 103 of the Companies Act, 2013. The Company Secretary announced that the Company had received Board Resolution under Section 113 of the Companies Act, 2013 from Company appointing their representatives to attend this meeting and to vote on behalf of the Company either at this meeting by e-voting or through remote e-voting. Details of the company and their authorized Representative is as follows. Sr. Name of Company No. of shares % of Holding Authorized No. held Representative 1. Vital Marketing and 190000 4.75% Chetan Agrawal finance Pvt. Ltd. 2. Thakkar Financial 190000 4.75% Kamlesh Luhar Services Pvt. Ltd. 3. Krishna Capital & 1360000 34% Ashokkumar Babulal Securities Limited Agrawal 4. Krishna Share broking 338120 8.453% Ashokkumar Babulal Services Private Limited Agrawal Total 2078120 51.953% The Company Secretary then informed that the Register of Directors and Key Managerial Personnel and their Shareholding and Register of Contract as required under the Companies Act, 2013 has been made available for inspection by the members during the AGM. The Company Secretary then take up the all Resolutions as set forth in the Notice of this meeting dated 03rd September 2026 under Ordinary Business as mentioned hereunder, along with explanatory statement was also provided in the Notice circulated to the members. With the consent of the Members present, the Notice convening the Meeting having been circulated to all the members was taken as read. Statutory Auditors and Secretarial Auditor of the Company have not made any Qualifications or Adverse Remarks in their report related to Audited Accounts of the Company for the year ended on 31st March, 2026. Mr. Mukesh Tiwari, Company Secretary, informed the Members that pursuant to the provisions of the Companies Act, 2013 and Rules made thereunder, Regulation 44 of Listing Regulations and Secretarial Standard on General Meetings, the Company has provided remote e-voting facility to the Members of the Company in respect of resolutions to be passed at the Meeting. The remote e-voting commenced on Friday 9:00 a.m. on September 25, 2026 and ended on Sunday 5:00 p.m. on September 27, 2026. He further informed that the Company has engaged the services of "NSDL." as the agency for providing remote e-voting facility and have appointed Mr. Punit S. Lath, Company Secretary in Practice, (ACS No. 26238 & COP No. 11139), Ahmedabad, as the Scrutinizer for the purpose of scrutinizing Poll and remote e-voting process. Thereafter Mr. Kirankumar Agrawal, Chairperson, delivered speech and replied the queries raised by the members in the meeting. Thereafter, Company Secretary informed that the Company has provided ballot facility for voting to the members present in the meeting on all resolutions set out in the Notice calling this meeting and accordingly exercise their vote in the meeting. Thereafter, the following items of business as mentioned in the Annual General Meeting Notice dated 03rd September 2026 Under Ordinary Business consists of Ordinary Resolution were transacted at the meeting: - ORDINARY BUSINESS: 1. Ordinary Resolution No. 01 relating to receive, consider and adopt the audited financial statements [including consolidated financial statements] of the Company for the year ended on March 31, 2026 and the Reports of the Board of Directors and Auditors thereon and in this regard, to consider and if thought fit, to pass the following resolution as an Ordinary Resolution: 2. Ordinary Resolution No. 02 relating to appoint a director in place of Mr. Naman Naredi (DIN: 06943536), who retires by rotation and being eligible offers himself for re-appointment and in this regard, to consider and if thought fit, to pass the following resolution as an Ordinary Resolution: Mr. Punit S. Lath, Scrutinizer, informed the Members that the facility for voting through Polling Papers is made available during the Meeting for those members who have not casted their vote through remote e-voting and briefed the procedures of the poll at AGM. The resolutions as set forth in the Notice of the meeting shall be deemed to have been passed today, i.e. 28th September, 2026, subject to receipt of requisite number of votes. The Scrutinizer, after scrutinizing the votes casted in this meeting through Ballot Paper and through remote e-voting, will submit his consolidated report to the Chairperson. Then after results on all the resolutions will be declared by the Chairperson of the meeting and placed on the website of the Company and NSDL. The results will also be communicated to BSE Ltd. The meeting ends on 11:45 A.M. Thanking You. Yours faithfully, For, Palco Metals Limited Mukesh Tiwari Company Secretary & Compliance Officer M. no. 45237