The Chairman''s speech delivered at the 31st AGM on 29.09.2026 is enclosed along with the proceedings of the 31st AGM of the Company.

NPL NARENDRA PROPERTIES LTD. Regd. Off. : Makanji House, 2nd Floor, # 49 (Old 25) Barnaby Road, Kilpauk, Chennai - 600 010. DATED: 29'" SEPTEMBER 2026 THE MANAGER BOMBAY STOCK EXCHANGE LIMITED THE CORPORATE RELATIONSHIP DEPARTMENT 1ST FLOOR, NEW TRADING WING, ROTUNDA BUILDING, PHIROZE JEEJEEBHOY TOWERS DALAL STREET, MUMBAI — 400 001 Dear Sir, Sub: Proceedings and the Chairman’s speech delivered at the 31°t AGM held on 29.09.2026. The Chairman’s speech delivered at the 318 AGM held on 29.09.2026 is enclosed for your record. Further we also submit the proceedings of the 31S‘ AGM of the Company for your perusal. We request you to kindly take on record the above and acknowledge the receipt of this letter. Thanking you, Yours faithfully For NARENDRA PROPERTIES LIMITED DIN 00078373 Tel ; +91 - 44 - 4269 6600 / 4958 6600 / 2644 6600 / 2647 6600 E-mail : info@narendraproperties.com Website : www.narendraproperties.com NARENDRA PROPERTIES LIMITED [CIN: L70101TN1995PLC031532] 318T ANNUAL GENERAL MEETING HELD ON TUESDAY, THE 2974 SEPTEMBER 2026 LADIES & GENTLEMEN, | have immense pleasure in welcoming you all to the 3157 Annual General Meeting of your Company. The Directors’ Report and the Audited Financial Statements for the year ended 31st March 2026 have already been circulated to the members, and | trust that you have had an opportunity to peruse them. WORKING RESULTS During the year ended 31st March 2026, your Company reported a Total Income of Rs. 988.68 lakhs as against Rs. 902.27 lakhs in the previous year. The Profit After Tax stood at Rs. 197.32 lakhs as compared to Rs. 92.35 lakhs achieved during the previous year. The improved profitability reflects the Company’s continued focus on project execution, monetization of its completed inventory and prudent management of costs and resources. Your Directors have proposed a dividend of Re. 1/- per equity share of Rs. 10/- each, fully paid-up, for the financial year ended 31st March 2026, which is also being placed before the members for their consideration and approval. BUSINESS ENVIRONMENT The Indian real estate sector remained resilient during 2025-26, supported by economic growth, urbanization, infrastructure development and sustained demand for quality housing. Chennai continued to offer encouraging opportunities, driven by infrastructure growth, improving connectivity and investments across technology, manufacturing and Global Capability Centres. Demand for quality residential and commercial developments remained healthy. At the same time, rising construction and financing costs and evolving customer preferences require prudent project selection and disciplined capital deployment. Against this backdrop, your Company remains cautiously optimistic and will continue to pursue opportunities that offer sustainable growth and long-term value to our shareholders. PROSPECTS Your Company is engaged in the development and construction of residential and commercial projects, with a focus on quality developments in carefully selected locations. The Company is also evaluating new projects for future launch and will continue to adopt a selective and disciplined approach, considering market demand, project viability and expected returns. With Chennai continuing to offer good long-term opportunities in both residential and commercial real estate, your Company remains cautiously optimistic and committed to sustainable growth and enhanced shareholder value. ACKNOWLEDGEMENT | take this opportunity to thank, on my behalf and also on behalf of the Board of Directors, the members who have come to attend this meeting. | also thank the various government authorities who have cooperated in all the business ventures of the Company. | also place on record my appreciation for the dedicated service rendered by the employees of the Company. Thank you, MAHENDRA K MAHER cuaruan ey MEETING PLACE: o DATED: ie EPTEMBER 2026 Note: i. This does not purport to be the record of the proceedings of the 31°* Annual General Meeting. NARENDRA PROPERTIES LIMITED Proceedings at 31st ANNUAL GENERAL MEETING of NARENDRA PROPERTIES LIMITED held at 9.00 a.m. on TUESDAY, the 29th SEPTEMBER 2026, through Video Conferencing (“VC) and Other Audio Visual Means (“OAVM”) LADIES & GENTLEMEN On behalf of the Chairman, Mr. Mahendra K Maher, Mr. Chirag N Maher extended a hearty welcome to the members present for the 31st Annual General Meeting of the Company M/s Narendra Properties Limited. QUORUM The Quorum required for the meeting being present in adequate numbers, the meeting was called to order. NOTICE The Notice of the 31st Annual General Meeting dated 11th August 2026, together with the Annual Report for FY 2025-26, was circulated to the members in electronic form in accordance with the applicable MCA and SEBI requirements. The Notice and Annual Report were also made available on the Company’s website and the website of BSE Limited, and the requisite newspaper advertisement was published. The Notice shall have to be read over at this meeting. However, if you permit, to save time we shall take the notice as read and taken on record. AUDITOR'S REPORT We now come to the Auditor’s Report for the financial year ended 31st March 2026. M/s. Sanjiv Shah & Associates LLP, Chartered Accountants, the Statutory Auditors of the Company, have issued an unmodified report on the financial statements. As the Auditor's Report has already been circulated to all members and contains no qualifications, it need not be read at the Meeting. With the permission of the members, the Auditor's Report was taken as read. CHAIRMAN'S SPEECH On behalf of the Chairman, Mr. Mahendra K Maher, Mr. Chirag N Maher presented the Chairman’s speech to the Members of the Company. [CHAIRMAN’S SPEECH IS PRESENTED SEPARATELY] DISCUSSION ON AGENDA ITEMS The members present at this meeting are now free to discuss the agenda items proposed in the Notice. The following are the 6 resolutions proposed for adoption at this 31%* AGM which constitutes the main agenda of this meeting: 1 | Adoption of Financial Statements for the year | Proposed as ORDINARY RESOLUTION ended 31*t March 2026. (Ordinary Resolution) 2 | Declaration of dividend of Rs.1/- (i.e., 10% ) per | Proposed as ORDINARY RESOLUTION equity share of Rs.10/- each fully paid up. (Ordinary Resolution) 3 | Appointment of a Director in place of Mr. NI SHANK | Proposed as ORDINARY RESOLUTION SAKARIYA (holding DIN: 02254929) who retires by rotation and being eligible, offers his candidature for re-appointment. (Ordinary Resolution) 4 | Reappointment of Ms. KAVITA PATEL (h olding | Proposed as SPECIAL RESOLUTION DIN: 09433199) as an Independent Director of the Company for a second term of five years from 27.12.2026 to 26.12.2031. (Special Resolution) 5 | Payment of remuneration to Mr. NI SHANK | Proposed as SPECIAL RESOLUTION SAKARIYA (holding DIN: 02254929) Non-Executive Director of the Company. (Special Resolution) 6 | Authorisation to make any Investment / gi ve any | Proposed as SPECIAL RESOLUTION loan or guarantee / provide security under Section 186 of Companies Act, 2013. (Special Resolution) The Chairman brought to notice that the members who had not exercised their votes through remote / electronic voting could do so by accessing the venue voting module through www.evotingindia.com which had been enabled and was kept open until the conclusion of the AGM. Questions were invited and the Company's management was available to provide the necessary details, explanations and clarification on items of agenda. ELECTRONIC VOTING AND PHYSICAL VOTING AT THIS AGM As per the provisions of the Companies Act, 2013, members were provided with an opportunity to cast votes through electronic means through the website maintained by CDSL www.evotingindia.com. The Chairman informed that members had utilized the opportunity to cast their votes electronically. The Company has adhered to the rules specified with regard to providing electronic voting facilities for [Showing first 8,000 characters — download PDF for full document]