The 32nd Annual General Meeting of Mahan Industries Limited held on Monday, 28th September, 2026 at 03:00 P.M. at the Registered office the Company. In this Regard we have Enclosed Summary of Proceedings of AGM as required under Regulation 30 read with Para A of Schedule III of SEBI(LODR), Regulations 2015.

MAHAN INDUSTRIES LIMITED CIN: L91110GJ1995PLC024053 Regd. Office: B-107, Sankalp Iconic Tower, Opp. Vikram Nagar, Iscon Temple Cross Road, S.G Highway, Ahmedabad- 380054, Gujarat, India. Ph : 6355895061 E-mail ID : cs@mahan.co.in Web: www.mahan.co.in Date: 28th September, 2026 The Secretary/ Manager, Department of Corporate Services, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001, MH BSE Code: 531515 Res. Sir/ Madam, Sub: Proceedings of 32nd Annual General Meeting (AGM) of Mahan Industries Limited held on 28th September, 2026. Dear Sir/Madam, The 32nd Annual General Meeting (AGM) of the Mahan Industries Limited was held on Monday, 28th September, 2026 at 03:00 P.M. at the Registered Office of the Company situated at B-107, Sankalp Iconic Tower, Opp. Vikram Nagar, Iscon Temple Cross Road, S.G Highway, Ahmedabad- 380054 in accordance with the circular(s) issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India and the business as mentioned in the notice were transacted. In this regard we have enclosed herewith the following: 1. Summary of proceedings of AGM as required under Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. You are requested to kindly take the same on record. Thanking you For, MAHAN INDUSTRIES LIMITED NISHIL SHAH DIRECTOR DIN: 09165405 MAHAN INDUSTRIES LIMITED CIN: L91110GJ1995PLC024053 Regd. Office: B-107, Sankalp Iconic Tower, Opp. Vikram Nagar, Iscon Temple Cross Road, S.G Highway, Ahmedabad- 380054, Gujarat, India. Ph : 6355895061 E-mail ID : cs@mahan.co.in Web: www.mahan.co.in PROCEEDINGS OF THE 32nd ANNUAL GENERAL MEETING OF THE MEMBERS OF MANGALAM ALLOYS LIMITED HELD ON MONDAY, 28TH DAY OF SEPTEMBER, 2026 AT 03:00 P.M. The 32nd Annual General Meeting (AGM) of the members of the Company was held on Monday, 28th September, 2026 at the Registered Office of the company situated at B-107, Sankalp Iconic Tower, Opp. Vikram Nagar, Iscon Temple Cross Road, S.G Highway, Ahmedabad- 380054 ,scheduled at 03:00 P.M. and started at 03:00 P.M. and concluded at 04:00 P.M. to transact the business as stated in the notice of Annual General Meeting. All the items of business contained in the said Notice were transacted at the 32nd AGM. The AGM commenced at 03:00 P.M. on Monday, 28th September, 2026 after presence of requisite quorum. Mr. Ritendrasinh Kishorsinh Rathod, Company Secretary welcomed the members, the Board of Directors and other Invitees of the Company attending the meeting. Then Mr. Nishil Shah, Chairman of the Company chaired the meeting. The Company Secretary introduced the Board Members and other invitees of the company. Following Directors were present at the meeting Sr. Name Designation 1. Mr. Nishil Shah Chairman & Executive Director 2. Mr. Yogendrakumar Gupta Prabhudayal Managing Director 3. Mr. Niranjankumar Navratanmal Jain Executive Director 4. Mrs. Amita Chhaganbhai Pragada Non-Executive Independent Director 5. Mr. Sushilkumar Goel Non-Executive Independent Director 6. Ms. Riddhi Hardishkumar Shah Non-Executive Independent Director In attendance Sr. Name Designation 1. Mr. Niranjankumar Navratanmal Jain Chief Financial Officer 2. Mr. Ritendrasinh Kishorsinh Rathod Company Secretary 3. Mr. Gaurang R. Shah Proprietor, M/s. G R Shah & Associates Secretarial Auditor and Scrutinizer for 32nd Annual General Meeting 4. Mr. Sunil Dad Proprietor, M/s. S D P M & Co., Statutory Auditor of the Company The Company Secretary ascertained that the requisite quorum is present and called the meeting in order with the permission of the Chairman then requested the Chairman to give his speech and highlights on Company’s achievement in previous year. MAHAN INDUSTRIES LIMITED CIN: L91110GJ1995PLC024053 Regd. Office: B-107, Sankalp Iconic Tower, Opp. Vikram Nagar, Iscon Temple Cross Road, S.G Highway, Ahmedabad- 380054, Gujarat, India. Ph : 6355895061 E-mail ID : cs@mahan.co.in Web: www.mahan.co.in The Chairman delivered a speech thereafter highlighting the performance, growth outlook and the operations of the Company during the Financial Year 2025-26. The Chairman appreciated the efforts took by the Statutory Auditor, Internal Auditor and Secretarial Auditor. He also acknowledged the contribution of all the employees and other stakeholders during the financial year 2025-26. Further Chairman requested Company Secretary to conduct the proceedings of the meeting. The Company Secretary with the permission of the members, the Notice convening 32nd AGM and the Annual Report were taken as read. The Company Secretary then informed the members that the Statutory Auditors' Report did not have any qualification, reservation, adverse remark or disclaimers. Further the Secretarial Audit Report contain adverse remark and reply for the same by the management has been mentioned on page no. 17 in the annual report. The following businesses were transacted at the meeting: ITEM Particulars Resolutions Type Ordinary OR No. Special Ordinary Business 1 To receive, consider and adopt the Audited Ordinary Financial Statements of the Company for the financial year ended on March 31, 2026 together with the Report of the Board of Directors’ and Auditors’ thereon. 2 To appoint a Director in place of Mr. Ordinary Yogendrakumar Gupta Prabhudayal (DIN: 01726701) who retires by rotation and being eligible, offers himself for reappointment. Special Business 3 To Approve limits under Section 180(1) (c Special ) under Companies Act, 2013: 4 To approve limits under Section 180(1)(a) Special of Companies Act, 2013 5 To Regularize Ms. Riddhi Hardishkumar Special Shah (DIN: 11904921) as Non-Executive Independent Director of the Company. MAHAN INDUSTRIES LIMITED CIN: L91110GJ1995PLC024053 Regd. Office: B-107, Sankalp Iconic Tower, Opp. Vikram Nagar, Iscon Temple Cross Road, S.G Highway, Ahmedabad- 380054, Gujarat, India. Ph : 6355895061 E-mail ID : cs@mahan.co.in Web: www.mahan.co.in The Company Secretary informed the Members that pursuant to the provisions of the Companies Act, 2013 and the SEBI (LODR) Regulations, 2015, the Company has provided facility for voting by electronic means to all its members to enable them to cast their votes electronically and the business may be transacted through such e‐voting. For this purpose, the Company has tied up with the National Securities Depository Limited, e‐voting agency, for facilitating voting through electronic means. The Company provided remote e‐voting facility to all the persons who were Members on 21st September, 2026, being the cut-off date for vote on all the Resolutions set out in the Notice of AGM. Further it was also informed that Members who had not cast their votes through remote e-voting platform were provided with an opportunity to cast their votes, electronically for 15 Minutes after Conclusion of the AGM on all the resolutions as set out in the notice of AGM. Further the Company Secretary informed that Mr. Gaurang Radheshyam Shah proprietor of G R Shah & Associates, Company Secretaries has been appointed as Scrutinizer of the Company in respect of remote e-voting process and e-voting conducted during the AGM in a fair and transparent manner. Members were informed that the results of remote e-voting and e-voting conducted during the AGM will be declared by the company after receiving the consolidated report from the scrutinizer and will also be made available at the website of the company and disclosed to the Stock exchange and also on the website of National Securities Depository Limited. The Company Secretary then informed that no question was received from the member therefore, the Company Secretary concluded the proceedings of the meeting. The Company Secretary thanked the Members for attending and participating at the AGM. The AGM was concluded at 04:00 P.M. Thanking you, Yours truly, MAHAN INDUSTRIES LIMITED Nishil Shah Director DIN: 09165405