Shareholders meeting

REGISTERED OFFICE: AJAX ENGINEERING LIMITED (formerly known as Ajax Engineering Private Limited) CIN: L28245KA1992PLC013306 #253/1, 11 Main, Phase III, Peenya Industrial Area, Bengaluru – 560 058, Karnataka, India. T: +91 80 67200082/83 Toll Free No.: 1-800-419-0628 E: customercare@ajax-engg.com www.ajax-engg.com Date: September 28, 2026 BSE Limited, National Stock Exchange of India Limited, 20th Floor, P.J. Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai Mumbai - 400001. – 400 051 BSE Scrip Code: 544356 NSE Scrip Symbol: AJAXENGG Subject: Proceedings of the 34th Annual General Meeting (“AGM”) of Ajax Engineering Limited. Reference: Intimation under Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Ma’am, We wish to inform you that the Thirty Fourth (34th) Annual General Meeting (“AGM”) of the Company was held on Monday, September 28, 2026. The meeting commenced at 09:32 hour (IST) and concluded at 10:12 hour (IST). The AGM was conducted through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”), to transact the businesses as stated in the AGM Notice dated Wednesday, September 02, 2026. In this regard, please find attached the summary of the proceedings of the Thirty Fourth (34th) AGM pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’). The same is also made available on the Company’s website at https://www.ajaxengg.com/investor-relations. Request you to kindly take this intimation on record and acknowledge. Yours faithfully, For Ajax Engineering Limited Shruti Vishwanath Shetty Company Secretary and Compliance Officer Membership No. A33617 REGISTERED OFFICE: AJAX ENGINEERING LIMITED (formerly known as Ajax Engineering Private Limited) CIN: L28245KA1992PLC013306 #253/1, 11 Main, Phase III, Peenya Industrial Area, Bengaluru – 560 058, Karnataka, India. T: +91 80 67200082/83 Toll Free No.: 1-800-419-0628 E: customercare@ajax-engg.com www.ajax-engg.com PROCEEDINGS OF THE 34th ANNUAL GENERAL MEETING (“AGM”) OF AJAX ENGINEERING LIMITED HELD ON MONDAY, SEPTEMBER 28, 2026, AT 09:32 HOURS (IST) THROUGH VIDEO CONFERENCING / OTHER AUDIO-VISUAL MEANS. The 34th Annual General Meeting (‘AGM’/’Meeting’) of the Members of Ajax Engineering Limited (‘Company’) was held today i.e. Monday, September 28, 2026, at 09:32 a.m. (IST), through Video Conferencing (‘VC’)/Other Audio-Visual Means (‘OAVM’), to transact the business as stated in the Notice dated September 2, 2026, convening the AGM. Mr. Krishnaswamy Vijay, Chairman of the Company informed the Members of the facility of live webcast of the proceedings of the AGM provided by the Company. The Chairman welcomed all the Members, Directors and other invitees to the 34th AGM of the Company. At the commencement of the meeting, the Chairman introduced the Director(s), Key Managerial Personnel and Attendees present at the meeting. The participation of Members through video conference was being reckoned for the purpose of quorum as per the circulars issued by MCA and Section 103 of the Companies Act, 2013. The requisite quorum was present through video conference to conduct the proceedings of the meeting, and the Chairman called the Meeting to order. The Chairman invited, Ms. Shruti Vishwanath Shetty to brief on the e-voting process. Accordingly, Ms. Shruti informed the Members that the 34th AGM was being held through video conference in accordance with the Companies Act, 2013 and circulars issued by the MCA and SEBI. In compliance with the provisions of the Companies Act, 2013 and SEBI Listing Regulations, the Company had provided remote e-voting facility to all the Members as on the cut-off date i.e. September 21, 2026, to cast the votes on all resolutions as set forth in the AGM Notice from September 25, 2026 (9:00 AM IST) to September 27, 2026 (5:00 PM IST) (both days inclusive). Further, Members, who had not participated in remote e-voting process were provided an option to cast their vote on all resolutions as set forth in the AGM Notice through e-voting at the Annual General Meeting facility provided by CDSL as made available during the meeting. Ms. Shruti informed that the Board had appointed Mr. Pramod S M (having FCS no: 7834 and COP NO.: 13784) or failing him CS Biswajit Ghosh (having FCS no: 8750 and COP NO.: 8239) Partners of M/s. BMP & Co. LLP, a Practicing Company Secretary firm, Bengaluru as scrutinizer to supervise the remote e-voting and e-voting process during the meeting. Further, Ms. Shruti informed that the results of e-voting i.e. remote e-voting and e-voting during the meeting along with the Scrutinizer's Report will be submitted to Stock Exchanges and will also be placed on the website of the Company within prescribed timelines. As the meeting was being held through video conference, the facility for appointment of proxies by the Members was not applicable and hence the proxy register for inspection was not available. The Chairman delivered his speech on business operations and financial performance of the REGISTERED OFFICE: AJAX ENGINEERING LIMITED (formerly known as Ajax Engineering Private Limited) CIN: L28245KA1992PLC013306 #253/1, 11 Main, Phase III, Peenya Industrial Area, Bengaluru – 560 058, Karnataka, India. T: +91 80 67200082/83 Toll Free No.: 1-800-419-0628 E: customercare@ajax-engg.com www.ajax-engg.com Company for the financial year ended March 31, 2026. It was further informed that the Statutory Auditors have expressed unqualified opinion on their respective reports for the financial year 2025-26. The Company Secretary informed that 5 Members have registered themselves as speakers at the meeting. Accordingly, the floor was made open for those Members to ask questions or express their views. The moderator facilitated the session when the Chairman opened the floor for discussion on all resolutions as set out in the AGM Notice and/or on the Annual Report for the financial year 2025-26. The Chairman clarified all the Members’ queries. The following items of business, as per the Notice of AGM, were transacted at the meeting. Ordinary Business: 1. To consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon – Ordinary Resolution; 2. To appoint a Director in place of Mr. Krishnaswamy Vijay (DIN: 00642715), Whole Time Director and Executive Chairman who retires by rotation, and being eligible, has offered himself for re-appointment – Ordinary Resolution; Special Business: 3. Ratification of Cost Auditor’s Remuneration – Ordinary Resolution; After all the agenda items were duly taken up, the meeting concluded at 10:12 hours (IST) with a vote of thanks to the Chair, Directors, Invitees and the Members