Proceeding of 34th Annual General Meeting of VMS Industries Limited held on 28th September 2026 at 3 PM and Concluded on 3:24 pm

Date: 28 September 2026 The Corporate Relations Department BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort Mumbai – 400001 Scrip Code: 533427 Subject: Proceedings of the 34th Annual General Meeting held on 28th September 2026 Dear Sir / Madam, Pursuant to Regulation 30 read with Paragraph 13 of Para A of Part A of Schedule III to the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose the summary of proceedings of the 34th Annual General Meeting of the members of VMS Industries Limited held on Monday, 28th September 2026, through Video Conferencing / Other Audio Visual Means. The meeting commenced at 3:00 p.m. (IST) and concluded at 3:24 p.m. (IST), after closure of the e- voting facility. The voting results in respect of the resolutions placed before the members, together with the Scrutiniser’s Report, will be submitted separately in accordance with Regulation 44 of the SEBI Listing Regulations and the applicable statutory requirements. Kindly take the above information and the enclosed proceedings on your record. Thanking you, Yours faithfully, For VMS Industries Limited Hemal Patel Company Secretary and Compliance Officer Encl.: Summary of proceedings of the 34th Annual General Meeting. Summary of Proceedings of the 34th Annual General Meeting VMS Industries Limited The 34th Annual General Meeting (AGM) of the members of VMS Industries Limited was held on Monday, 28th September 2026, through Video Conferencing / Other Audio Visual Means using the facility provided by Central Depository Services (India) Limited (CDSL). The meeting commenced at 3:00 p.m. (IST). The deemed venue was the registered office at 808/C, Pinnacle Business Park, Corporate Road, Prahladnagar, Ahmedabad – 380015, Gujarat. Chair and quorum Mr. Hemal Patel, Company Secretary and Compliance Officer, welcomed the members, directors, auditors and other participants. Mr. Manojkumar Jain, Managing Director, chaired the meeting. A total of 44 members participated through video conferencing. Upon confirmation that the requisite quorum was present, the Chairman called the meeting to order. Participants The Company Secretary introduced the participants, including Mr. Vinod Rana, Independent Director and Chairperson of the Audit Committee; Ms. Dhwani Nagar, Independent Director and Chairperson of the Nomination and Remuneration Committee; and Ms. Khyati Shah, Independent Director and Chairperson of the Stakeholders Relationship Committee. Mr. Amit Mandalia, Chief Financial Officer; Mr. Firoj Bodla, representing M/s S N SHAH & Associates, Statutory Auditors; and Mr. Umesh Ved, representing M/s Umesh Ved & Associates, Secretarial Auditors and Scrutiniser for the voting process, also attended the meeting. Meeting formalities and Chairman's address The Chairman welcomed the Members to the Meeting and informed them that the Meeting was being held through Video Conferencing (VC) / Other Audio Visual Means (OAVM) in compliance with the applicable provisions of the Companies Act, 2013 read with the rules made thereunder, the circulars issued by the Ministry of Corporate Affairs (MCA), the Secretarial Standards on General Meetings, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as applicable. He further informed the Members that the Company had taken all feasible steps under the prevailing circumstances, to facilitate their participation in the Meeting and to enable them to cast their votes on the resolutions set out in the Notice convening the Meeting. Members were informed about electronic inspection of the statutory registers and relevant documents. The Notice convening the AGM and the reports circulated with the Annual Report were taken as read. The Chairman addressed the members on the Company’s performance for the financial year ended 31st March 2026, its operations and financial position. He explained that the Board had not recommended a dividend for the year in order to conserve resources for operations, working capital and future business requirements. Voting arrangements The Company had provided remote e-voting through CDSL from 25th September 2026 to 27 th September 2026. Eligible members attending the AGM who had not already voted remotely were provided the facility to vote electronically during the meeting. Members who had cast their votes through remote e-voting were not entitled to vote again. The members were informed that the consolidated voting results would be declared after receipt of the Scrutiniser’s Report. Business transacted The following items were placed before the members for consideration and electronic voting. Item Nos. 1 to 3 constituted ordinary business and Item Nos. 4 to 7 constituted special business. Item Particulars Resolution Adoption of the Audited Standalone Financial Statements for the financial year ended 31 1 Ordinary March 2026, together with the Reports of the Board of Directors and the Auditors thereon. Re-appointment of Mrs. Sangeeta Jain (DIN: 00125273), who retires by rotation and, 2 Ordinary being eligible, offers herself for re-appointment. Re-appointment of M/s S N SHAH & Associates, Chartered Accountants (FRN: 3 109782W), as Statutory Auditors from the conclusion of the 34th AGM until the Ordinary conclusion of the 35th AGM, and fixing their remuneration. Approval of related party transactions with Aditya Ultra Steel Limited up to Rs. 100 crore 4 during FY 2026–27 and thereafter, subject to the limits, approvals, duration and terms Ordinary specified in the Notice and applicable law. Approval of related party transactions with VMS TMT Limited up to Rs. 100 crore during 5 FY 2026–27 and thereafter, subject to the limits, approvals, duration and terms specified Ordinary in the Notice and applicable law. Ratification of remuneration payable to M/s Anuj Aggarwal & Co., Cost Accountants 6 Ordinary (FRN: 102409), for auditing the Company’s cost records for FY 2026–27. Appointment of Mr. Varun Manojkumar Jain (DIN: 03502561) as a Non-Executive 7 Special Director of the Company. On the invitation of the Chairman, the Members who had registered themselves as speakers addressed the Meeting through Video Conferencing (VC) / Other Audio Visual Means (OAVM) and sought clarifications on the Company's financial statements, business operations, future growth strategy, business outlook and other matters relating to the affairs and performance of the Company. The Chairman responded to the queries raised by the Members and provided the necessary clarifications to their satisfaction. . Further the applicable restrictions on voting by related parties were explained in relation to Item Nos. 4, 5 and 7 The Company Secretary informed M/s Umesh Ved & Associates was appointed as the Scrutinizer for remote e-voting and e-voting at the AGM. The Chairman informed the Members that the voting results, together with the consolidated Scrutinizer's Report, would be declared within the forty-eight hours of the conclusion of the AGM. The Company Secretary thanked the Members for their continued trust and support for their participation in the Meeting. The meeting concluded at 3:24 p.m. (IST), after closure of the e-voting facility. For VMS Industries Limited Hemal Patel Company Secretary and Compliance Officer