Summary of proceedings of the 38th Annual General Meeting of Kings Infra Ventures Limited

28th September, 2026 Summary of proceedings of the 38th Annual General Meeting of Kings Infra Ventures Limited The 38th Annual General Meeting (“AGM”) of the Members of Kings Infra Ventures Limited (“the Company”) was convened on Monday, the 28th of September 2026 at 11:30 a.m. (IST) through Video Conference (“VC”) / Other Audio-Visual Means (“OAVM”). The Meeting was conducted in compliance with General Circular Nos. 20/2020, 14/2020 and 17/2020 issued by the Ministry of Corporate Affairs (“MCA”), Circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/79 issued by the Securities and Exchange Board of India (“SEBI”), and the applicable provisions of the Companies Act, 2013 and the Rules framed thereunder. Directors in attendance: Mr. Baby John Shaji Chairman & Managing Director Mr. Balagopalan Veliyath Executive Director CA. Dr. Binoy J. Kattadiyil Non- Executive Non- Independent Director Mr. Tharayil Pius Jolly Non- Executive Non- Independent Director Dr. Issac P John Non- Executive Independent Director Chairman of Nomination and Remuneration Committee Dr. Thirunilath Vinayakumar Non- Executive Independent Director Chairman of Audit Committee Chairman of Stakeholder Relationship Committee CA Mathevan Pillai Sivaram Non- Executive Independent Director CA Jyothi Maniyamma Non- Executive Independent Director Vazhappallil Apart from Directors the following persons were present at the meeting: Ms. Nanditha T, Company Secretary & Compliance Officer Other Representatives who attended the meeting: 1. CA Joy P Jacob, Partner of M/s. Elias George & Co, Statutory Auditors 2. CA Vipin Mohan, Partner of M/s. VBV & Associates, Internal Auditors 3. CS P. Sivakumar, Partner of M/s. SEP & Associates, Secretarial Auditors 4. CA Jomy Saimon, Chartered Accountant and Managing Partner of M/s. Jomy Saimon and Associates, Scrutinizer Members Present: A total of Forty-Seven (47) Members were in attendance. The meeting commenced at 11:30 a.m. with a silent prayer and concluded at 12:15 pm (IST). Mr. Baby John Shaji, Chairman, presided over the meeting. After confirming the presence of the requisite quorum, he assumed the Chair and formally opened the proceedings. Mr. Balagopalan Veliyath, Executive Director, extended his warm welcome to the shareholders, investors, Directors, auditors, scrutinizer and all other participants attending the 38th Annual General Meeting virtually. He expressed gratitude to the shareholders for their continued trust and support. He paid tribute to the late Chairman and Managing Director, Sri. Shaji Baby John, whose absence was deeply felt as this was the first AGM held without him. He was remembered as a pioneering entrepreneur and visionary leader who played a significant role in the development of aquaculture and seafood processing, often referred to as the “Last Samurai of Aquaculture”. He was regarded as a key architect of India’s Blue Revolution, particularly for establishing the country’s first large-scale, semi-intensive, integrated aquaculture project in 1987. He further recalled his pioneering vision for the adoption of technology and sustainable practices in aquaculture, as well as his contribution to the development of Indian seafood exports and his association with the Marine Products Export Development Authority (MPEDA). A moment of silence was observed in his honour. The Chairman began by remembering his late father, Shri Shaji Baby John, Founder Chairman and Managing Director of Kings Infra, who passed away in December 2025. He recalled his father’s vision of building sustainable aquaculture and contributing to India’s Blue Revolution, and reaffirmed the Company’s commitment to carrying forward and building upon that legacy. He acknowledged the challenges arising from the leadership transition and expressed gratitude to the Board and employees for maintaining stability and focus. He also reflected on his experience of working alongside his father for more than a decade and reaffirmed his commitment to serving the Company with discipline, responsibility and respect for the foundation laid by his father. The Chairman highlighted the Company’s strong financial performance during FY 2025–26, noting growth in revenue, EBITDA, profit after tax and earnings per share. He noted that these results were achieved during a year of significant transition and international market challenges.. He stated that the Company has chosen to focus its capital and attention on its core strengths of aquaculture, seafood processing and exports. Domestic retail initiatives have been placed in abeyance, while larger projects will proceed at a measured pace based on approvals, commercial viability, prudent capital deployment and long-term value creation for shareholders. The Chairman also announced that the Company is planning a pilot project for the Kings Maritech Eco Park and expressed confidence that further details would be announced shortly. For FY 2026–27, the Company’s priorities are centred on five themes: synergise, consolidate, digitise, monetise, and optimise. He emphasised the importance of innovation, technology and a capable team in keeping the Company competitive and ready for future growth. He also highlighted opportunities in established European markets and the Company’s intention to remain prepared as India’s trade arrangements with Europe develop. The Chairman concluded by expressing gratitude to the Board, employees, customers, suppliers, associates, bankers, fishermen and farming communities, and shareholders for their continued support. He reaffirmed that the Company’s objective is not merely to preserve what was built over four decades, but to create a stronger, more technology-driven and sustainable Kings Infra, with confidence in the Company’s future. The Company Secretary subsequently apprised the Members that the Notice convening the 38th Annual General Meeting along with the Annual Report for the financial year ended 31st March 2026 had been sent electronically to all Members holding shares as on the cut-off date (21st September 2026) whose e-mail addresses were registered with the Company or its Depositories. She informed the Members that the Company had enabled participation in the 38th Annual General Meeting by virtual means. Further, she briefed the Members that the Company had provided the facility for remote e-voting prior to the AGM, allowing them to exercise their voting rights electronically. Members who attended the meeting but had not cast their votes were also given the opportunity to vote electronically for a period of 30 minutes after the conclusion of the meeting, in accordance with the provisions of the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Company had appointed Mr. Jomy Saimon of M/s. Jomy Saimon & Associates, Chartered Accountants, as the Scrutinizer to oversee the e-voting process and to provide the combined results of remote e-voting and voting at the AGM, along with the Scrutinizer’s Report. It was also informed that the statutory registers — including the Register of Directors and Key Managerial Personnel and their Shareholding, the Certificate of Incorporation, the Memorandum and Articles of Association of the Company and the Register of Charges — were maintained in electronic form and made available for inspection by Members upon request. The Company Secretary then invited the Members to participate in a Question-and-Answer session on the Annual Report for the financial year 2025 -2026 and the future prospects of the Company. The queries raised by the Members were duly responded to by Mr. Balagopalan Veliyath, Executive Director of the Company to the satisfaction of the Members. The business items as enumerated in the Notice of the 38th AGM were transacted as follows: No. Resolutions Type of Resolution 1. Details of Agenda : To receive, consider and adopt the Audited Financial Statements of the Company and its subsidiaries for the Financial Year en [Showing first 8,000 characters — download PDF for full document]