Shareholders meeting

September 28, 2026 Dept. of Corporate Services, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot no. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Bandra (E) Dalal Street, Mumbai- 400001, Mumbai - 400 051, Maharashtra, India. Maharashtra, India. Scrip Code: 542852 Scrip Code: VISHWARAJ Dear Sir/Madam, Sub: Submission of the proceedings of the 31st Annual General Meeting of the Company, pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015: Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit a copy of the proceedings of the 31st Annual General Meeting of the Members of the Company held on Monday, the 28th day of September, 2026 at 11:30 AM, at the registered office of the Company at Bellad-Bagewadi. Please take the same on your records and oblige. Thanking you. Yours faithfully, For Vishwaraj Sugar Industries Limited Mr. Nikhil Katti Managing Director DIN: 02505734 Page 1 of 6 CIN: L85110KA1995PLC017730 Registered Office: Bellad Bagewadi, Taluka Hukkeri, District: Belagavi - 591305, Karnataka, India. Tel: +91 8333 251251| E-mail: info@vsil.co.in | Website: www.vsil.co.in PROCEEDINGS OF THE 31st ANNUAL GENERAL MEETING PROCEEDINGS OF THE 31ST ANNUAL GENERAL MEETING OF VISHWARAJ SUGAR INDUSTRIES LIMITED HELD ON MONDAY THE 28TH DAY OF SEPTEMBER 2026, AT 11:30 AM, AT THE REGISTERED OFFICE OF THE COMPANY AT BELLAD BAGEWADI, TALUKA HUKKERI, DISTRICT BELGAUM 591305, KARNATAKA, INDIA. PRESENT  MEMBERS OF THE BOARD 1. Mr. Nikhil Katti - Chairman & Managing Director (Promoter) 2. Mr. Kush Katti - Whole-Time Director (Promoter) 3. Mr. Mallikarjun Pujar - Whole-Time Director 4. Mr. Shivanand Tubachi - Independent Director 5. Mr. Basavaraj Hagargi - Independent Director 6. Mr. Vishnukumar Kulkarni - Independent Director 7. Mrs. Pratibha Munnolli - Independent Director  CHAIRMAN OF THE COMMITTEES 1. Mr. Shivanand Tubachi - Audit Committee Stakeholders Relationship Committee 2. Mr. Basavaraj Hagargi - Nomination & Remuneration Committee  KEY MANAGERIAL PERSONNEL 1. Mr. Sheshagiri Kulkarni - Chief Financial Officer  AUDITORS 1. Mr. Praveen Ghali - Partner of M/s. P.G. Ghali & Co. Chartered Accountants, Statutory Auditors 2. Mr. Yash Patil - Representative of Vinita Modak, Practicing Company Secretary, Secretarial Auditor Due to pre occupation, Mrs. Sneha Nitin Dev – Whole-Time Director of the Company, could not attend the meeting. Further, Mrs. Priya Haria – Company Secretary was unable to attend the meeting due to maternity condition. Page 2 of 6 CIN: L85110KA1995PLC017730 Registered Office: Bellad Bagewadi, Taluka Hukkeri, District: Belagavi - 591305, Karnataka, India. Tel: +91 8333 251251| E-mail: info@vsil.co.in | Website: www.vsil.co.in AT THE MEETING Eighty-Five (85) Members were present at the Annual General Meeting of the Company in person and by proxy. Proper safety arrangements inside the auditorium, in case of emergency, were duly made. The Company complied with applicable Rules, Regulations and Circulars issued by the authorities from time to time. Mr. Nikhil Katti – Chairman & Managing Director, took the Chair and presided over the meeting and welcomed the Shareholders to the 31st Annual General Meeting of the Company. He introduced to the meeting, the Members of the Board who were present at the meeting. He also welcomed the Statutory Auditors, the Representative of the Secretarial Auditor and the Scrutinizer, to the Annual General Meeting. The Statutory Registers, Proxy Register and other necessary documents were made available during the meeting for the inspection of the members. The Chairman stated that, he has been informed that the requisite quorum being present, the meeting is called to order. The Chairman ensured that the meeting is duly constituted in accordance with the Act, Rules and Circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India, from time to time. PROCEEDINGS OF THE MEETING At the request of the Chairman, Mr. Raghavendra Nandgavi, Member of the Company, read the notice convening the 31st Annual General Meeting of the Company. He further informed that, the Ministry of Corporate Affairs has dispensed with the requirement of sending physical copies of the Notice of Annual General Meeting and the Annual Report to the shareholders. Accordingly, Notice of the Annual General Meeting was circulated through email to those shareholders who had registered their email address with the Company or the Depository Participant(s) or the Registrar and Transfer agents. The Notice and the Annual Reports were also made available on the website of the Company and the website of the Stock Exchanges. The Company has also made available the facility of voting through Ballot Paper at the said Meeting. He further informed that, pursuant to Regulation 36(1)(b) of SEBI Listing Regulations the Company has sent letter providing the weblink including the exact path where complete details of the annual report are available, to those shareholders who have not registered their email id with the Company or the Depository Participant. The shareholders were informed that the Company had appointed Bigshare Services Private Limited, the Registrar and Share Transfer Agents of the Company, to provide the facility of remote e-voting to the Shareholders of the Company. Page 3 of 6 CIN: L85110KA1995PLC017730 Registered Office: Bellad Bagewadi, Taluka Hukkeri, District: Belagavi - 591305, Karnataka, India. Tel: +91 8333 251251| E-mail: info@vsil.co.in | Website: www.vsil.co.in He further informed the Shareholders, that pursuant to the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 and Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 the Company had provided remote e-voting facility to the members of the Company in respect of businesses to be transacted at the 31st Annual General Meeting of the Company. He further explained that, the Company had also provided the facility of Voting by Ballot Paper during the Meeting. The shareholders holding shares as on the "Cut-Off”' date i.e. Monday, September 21, 2026 were entitled to vote on the proposed resolutions as set out at item numbers 1 to 4 in the Notice convening the Annual General Meeting of the Company. The shareholders were informed that, the Company had appointed Mr. Ramnath Sadekar, Practicing Advocate as Scrutinizer for the purpose of Scrutinizing the Remote e-Voting and Ballot Voting process during the meeting, in a fair and transparent manner and ascertaining the requisite majority for passing of the resolutions, under the provisions of Section 108 of the Companies Act, 2013 read with Companies (Management and Administration) Rules, 2014. It was further informed that the remote e-voting period remained open from 9:00 AM on Friday, the 25th day of September, 2026 up to 5:00 PM on Sunday, the 27th day of September, 2026 (both days inclusive) and the remote e-Voting platform was blocked thereafter. Thereafter, Mr. Kush Katti – Whole-Time Director of the Company addressed the shareholders on the business front. Further, the Chairman of the Meeting also briefed the members on the business front. PROCEEDINGS OF THE MEETING With the permission of the shareholders, the Auditors Report to the Shareholders was taken as read. Further, the following resolutions (Ordinary and Special Business) were read out at the Meeting: ORDINARY BUSINESS 1. Adoption of Audited Financial Statements for the year ended March 31, 2026 – Ordinary Resolution To receive, consider and adopt the Audited Financial Statements as at 31st March, 2026 and the reports of the Board of Directors and Auditors thereon. “RESOLVED THAT the Audited Financial Statements of the Company for the financial year e [Showing first 8,000 characters — download PDF for full document]