Shareholders meeting

Date: September 28, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor Dalal Street, Plot no. C/l, G Block, Mumbai- 400001, Bandra - Kurla Complex, Scrip Code: 543266 Bandra (E), Mumbai - 400 051. Symbol: HERANBA Dear Sir/Madam, Sub: Summary of Proceedings of the 34th Annual General Meeting of the Company under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Meeting day, date and Time: Monday, September 28, 2026 at 4.00 P.M. through Video Conferencing (VC) / Other Audio Visual Means (OAVM) Directors present: Mr. Sadashiv Kanyana Shetty, Chairman of the Board & Risk Management Committee attended the meeting through Video Conferencing. Mr. Raghuram Kanyan Shetty, Managing Director of the Company attended the meeting through Video Conferencing. Mr. Raunak Raghuram Shetty, Whole Time Director of the Company attended the meeting through Video Conferencing. Mr. Shriraj Sadashiv Shetty, Whole Time Director of the Company attended the meeting through Video Conferencing. Mr. Roshan Raghuram Shetty, Whole Time Director of the Company attended the meeting through Video Conferencing. Mr. Mulky Vishwanatha Shetty, Independent Director and Chairman of Corporate Social Responsibility attended the meeting through Video Conferencing. Mr. Anilkumar Mohanraj Marlecha, Independent Director and Chairman of Stakeholders Relationship Committee attended the meeting through Video Conferencing. Mr. Ganesh Narayan Vanmali, Independent Director of the Company and Chairman of Audit Committee and Nomination and Remuneration Committee attended the meeting through Video Conferencing. Ms. Reshma Dagdu Wadkar, Independent Director of the Company attended the meeting through Video Conferencing. Mr. Omprakash Singh, Independent Director of the Company attended the meeting through Video Conferencing. Other Attendees: Mr. Pravin Babu Shetty, Chief Financial Officer of the Company attended the meeting through video conferencing. Mr. Abdul Latif, Company Secretary and Compliance Officer of the Company attended the meeting through video conferencing. Mr. N Jayendran, Partner of M/s. N V C & Associates LLP, Statutory Auditors of the Company attended the meeting through video conferencing. Mr. Nirmal Gupta, Partner of M/s. GMJ & Associates, Practicing Company Secretary, Scrutinizer and Secretarial Auditor attended the meeting through video conferencing. Mr. Tapan Gaitonde, Cost auditors, attended the meeting through video conferencing. Ms. Zehra Maccawala, Partner of M/s. ZMAS and Associates, Chartered Accountants, Internal Auditors of the Company attended the meeting through video conferencing Chairman: Mr. Sadashiv Kanyana Shetty, Chairman of the Board chaired the meeting. Total 75 shareholders were present in the meeting who attended through OAVM mode. The Chairman informed that the requisite quorum being present, the proceeding of meeting was commenced at 4.00 P.M. The Chairman welcomed the members to the meeting. The Shareholders were informed that the entire board along with the Auditors, Scrutinizer, CFO and Company Secretary of the Company were present at the meeting. The Chairman further informed that the report of the Statutory Auditors on the financial statements and the Secretarial Audit Report did not contain any qualification or adverse remarks. As the meeting was conducted through video conferencing, the requirement of appointing proxies was also not applicable, except for the authorized representatives of corporate shareholders. The shareholders were further informed that the Notice convening the 34th AGM and the Annual Report containing the Board's Report, Auditors' Report and other statutory reports for the financial year ended March 31, 2026 had been circulated electronically to the members of the Company and physical copies of the Annual Report were also sent to the shareholders who had requested the same. The said Notice comprising the businesses and resolutions set out below was taken as read. Ordinary Business: RESOLUTION NO.1: ORDINARY RESOLUTION Adoption of Audited Financial Statements (Standalone and Consolidated) along with Reports of Board and Auditors for the Financial Year ended in March 31, 2026 RESOLUTION NO.2: ORDINARY RESOLUTION To appoint a director in place of Mr. Sadashiv K. Shetty (DIN: 00038681), Whole-time Director designated as Executive Chairman, who retires by rotation and, being eligible, offers himself for re-appointment. RESOLUTION NO.3: ORDINARY RESOLUTION To appoint a director in place of Mr. Raghuram K. Shetty (DIN: 00038703), Managing Director, who retires by rotation and, being eligible, offers himself for re-appointment. Special Business: RESOLUTION NO.4: ORDINARY RESOLUTION Ratification of the remuneration payable to the Cost Auditors of the Company for the Financial Year 2026-27. RESOLUTION NO.5: SPECIAL RESOLUTION Re-appointment of Ms. Reshma D Wadkar (DIN: 09394615) as a Non-Executive Independent Woman Director of the Company for a second term of five consecutive years. RESOLUTION NO.6: SPECIAL RESOLUTION Re-appointment of Mr. Shriraj S. Shetty (DIN 06609014) as a whole time director designated as Executive Director of the Company. The facility of remote e-voting was available from September 24, 2026, 09:00 A.M. and ended on September 27, 2026, 5:00 P.M. However, members who were unable to avail themselves of the remote e-voting facility were allowed to vote as per the time designated by our scrutinizer. He also informed that the formality of "proposed by" and "seconded by" need not be adhered to as per the Circular issued by MCA/SEBI". Thereafter, the Chairman and the Managing Director delivered their speech on the business side. Thereafter, the floor was opened for the speaker shareholders, who raised their queries and sought clarifications on various matters relating to the Company. The queries raised by the speaker shareholders were suitably addressed by management. The Chairman then thanked all the speakers for being active part of our AGM. The Chairman then informed that Mr. Nirmal Gupta of M/s. GMJ & Associates, Practising Company Secretaries, was appointed as the Scrutinizer to scrutinize the remote e-voting and e-voting during the AGM in a fair and transparent manner. Mr. Nirmal Gupta was then requested to let the shareholders know till what time the voting window shall remain open. Mr. Nirmal Gupta informed that e-voting would be opened for members for 15 minutes after the conclusion of AGM, who had not cast their vote earlier through remote e-voting. It was informed that the consolidated results along with the Scrutinizers Report would be intimated to the concerned Stock Exchange and would be placed on the Company's website within two working days of the conclusion of the meeting. The meeting ended with a vote of thanks to the Chair. The Meeting commenced at 4.00 P.M. (IST) and concluded at 5:15 P.M. (IST). You are requested to kindly take the above information on record. Yours sincerely, For Heranba Industries Limited Abdul Latif Company Secretary and Compliance Officer Membership No.: A17009