Shareholders meeting

25th June 2026 To, To, The Manager - Listing Department, Manager - Department of Corporate Services The National Stock Exchange of India Ltd BSE Limited Exchange Plaza, 5th floor, Jeejeebhoy Towers, Plot no. C/1, “G” Block, Dalal Street, Fort, Bandra-Kurla Complex, Mumbai - 400 001 Mumbai-400051 Symbol: APCOTEXIND Security Code: 523694 Dear Sir/ Madam, Sub: Summary of proceedings of the 40th Annual General Meeting of the Company pursuant to the SEBI (Listing Obligations and Disclosure Requirements) (LODR) Regulations, 2015. Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we have enclosed the summary of proceedings of the 40th Annual General Meeting of the Company duly convened on 25th June 2026 at 11:00 AM through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). Request you to take the above on record and oblige. Thanking you, For Apcotex Industries Limited Drigesh Mittal Head - Company Secretary & Legal Encl.: As above Summary of proceedings of the 40th Annual General Meeting of Apcotex Industries Limited The 40th Annual General Meeting of the Company was held on 25th June 2026 at 11:00 AM through Video Conferencing (VC) / Other Audio Visual Means (OAVM) in compliance with the General Circulars Nos. 14/2020 dated April 8, 2020 and 17/2020 dated April 13, 2020, followed by General Circular No. 20/2020 dated May 5, 2020, Circular No. 02/2021 dated January 13, 2021 and General Circular No. 10/2022, General Circular No. 11/2022, dated December 28, 2022, General Circular No. 09/2023, dated September 25, 2023, and General Circular No. 09/2024, dated September 19, 2024 and the latest being 03/2025 dated September 22, 2025 and all other relevant circulars issued from time to time by the Ministry of Corporate Affairs (collectively referred to as ‘MCA Circulars’) and the applicable provisions of the Companies Act, 2013 and the Rules made thereunder and SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 (“Listing Regulations”) read with SEBI Circular dated 3rd October, 2024. Mr. Atul Choksey, Chairman of the Company, chaired the meeting and welcomed the Members and introduced the Directors. He also welcomed the Senior Partner of Statutory Auditors, Secretarial Auditor and Scrutinizer and other Senior Personnel of the Company. The quorum being present, the Chairman called the meeting to order at 11:00 AM and conducted the proceedings. Attendees to the 40th Annual General Meeting DIRECTORS: Mr. Atul Choksey Chairman of the Company and Chairman of Corporate Social Responsibility Committee, joined the meeting through VC from the Corporate Office of the Company at Mumbai. Mr. Udayan Choksi Independent Director and Chairman of Audit Committee and Stakeholders Relationship Committee, joined the meeting through VC from Chennai. Dr. Achala Danait Independent Director and Chairperson of Risk Management Committee, joined the meeting through VC from Mumbai. Ms. Priti Savla Independent Director, joined the meeting through VC from Mumbai. Mr. Dinanath Kholkar Independent Director and Chairman of Nomination & Remuneration Committee, joined the meeting through VC from Pune. Mr. Rajendra Mariwala Independent Director, joined the meeting through VC from Mumbai. Mr. Abhiraj Choksey Vice-Chairman and Managing Director, joined the meeting through VC from the Corporate Office of the Company at Mumbai. Mr. Ravishankar Sharma Executive Director, joined the meeting through VC from Taloja Plant at Navi Mumbai. Mr. Amit Choksey Non-Independent Director, joined the meeting through VC from Mumbai. COMPANY SECRETARY AND CHIEF FINANCIAL OFFICER: Mr. Drigesh Mittal Company Secretary, joined the meeting through VC from Registered office of the Company at Navi Mumbai. Mr. Vivek Thakur Chief Financial Officer, joined the meeting through VC from Registered office of the Company at Navi Mumbai. Mr. Kaushik Patel, Partner, M/s. Manubhai & Shah LLP, Statutory Auditor, joined the meeting through VC from Ahmedabad and Ms. Divya Momaya, Partner, D. S. Momaya & Co. LLP, Secretarial Auditor and Scrutinizer, joined the meeting through VC from Navi Mumbai. MEMBERS PRESENT: Total 60 Members attended the meeting virtually. In terms of the MCA circulars and SEBI circulars, the requirement of appointing proxies was not applicable. The members were informed that this AGM is being conducted through VC / OAVM, the requirement for appointment of proxy and related compliances are not applicable. The Company received 11 representations under Section 113 of the Companies Act, 2013 covering total of 10,19,601 shares comprising 1.97% of total share capital of the Company. The members were informed that the Register of Authorized Representative, the Register of Director’s and Key Managerial Personnel and their shareholdings along with relevant register/ documents referred in the Notice of AGM and Director’s Report were available for inspection electronically by the members. With the consent of the Members, the Notice convening the Meeting along with text of the resolutions and explanatory statements were taken as read. Since, the Auditors' Report on the Financial Statements for the year ended March 31, 2026, did not contain any qualifications, reservations, observations, adverse remarks or disclaimer, the same was not required to be read. Thereafter, Mr. Drigesh Mittal, Company Secretary briefed members about the facility of remote e-voting on NSDL e- voting platform, which was started from Monday, 22nd June 2026 (9:00 AM IST) to Wednesday, 24th June 2026 (5:00 PM IST). He further informed the Members that the electronic voting facility was also activated and made available during the Meeting on NSDL platform, to enable the members who had not casted their votes through remote e-voting to exercise their voting rights at the Meeting. He also briefed about the guidelines for the Speaker shareholder who wish to raise their questions/ seek clarification during the course of the meeting. Members were informed that M/s. D. S. Momaya & Co LLP, Company Secretaries, has been appointed as the Scrutinizer for remote e-voting and e-voting at this AGM. The Chairman then provided an overview on the financial performance of the Company during the financial year 2025- 26 and also briefed the members on operations, dividend, resolutions and other key achievements during the year. The following resolutions as set out in the Notice convening the AGM were put to vote by remote e-voting and e-voting during the meeting: Item Details of Resolutions Type of Resolution No. Required 1 To receive, consider and adopt the Financial Statement of the Company for the Ordinary year ended 31st March 2026 together with the Reports of the Board of Directors and Auditor thereon. 2 To declare a final dividend on equity shares for the financial year ended 31st Ordinary March 2026. 3 To appoint a Director in place of Mr. Amit Choksey (DIN: 00001470) who retires Ordinary by rotation and being eligible, offers himself for reappointment. 4 Re-Appointment of Mr. Ravishankar Sharma as an Executive Director of the Special Company. 5 To approve the continuation of directorship of Mr. Atul Choksey (DIN: Special 00002102) as a Non-Executive Non-Independent Director (designated as Chairman) of the Company in terms of Regulation 17(1A) of the SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015. 6 Approval of annual remuneration payable to single Non-Executive Director. Special 7 Ratification of Remuneration to Cost Auditors of the Company. Ordinary The Chairman then requested the registered speaker shareholders to ask their questions or seek clarification(s) on the Reports and Financial Statements. The Chairman and Vice-Chairman & Managing Director of the Company replied to the queries raised by the registered Speaker Shareholders. The other suggestions of the Members were taken on record by the Chairman and the Vice-Chairman & Managing Director. The Chairman then thanked the shareholders for at [Showing first 8,000 characters — download PDF for full document]