Proceedings of the 38th Annual General Meeting of the Company held on Tuesday, 29th September, 2026

MINAL INDUSTRIES LIMITED CIN: L32201MH1988PLC216905 Registered office: 603- l Minal Co-Op Hsg So Ltd, Off Sakivihar Road, Andheri-East Mumbai - 400072 Tel No. 022: 40707070; Email Id: cmseepz@gmail.com; Website: www.minalindustrieslimited.in Date: 29th September, 2026 Department of Corporate Services (DSC-CRD) BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400001 Subject: Proceedings of the 38th Annual General Meeting of Minal Industries Limited held on Tuesday, 29th September, 2026 through Video Conferencing/Other Audio-Visual Means Ref.: Minal Industries Limited, BSE Scrip Code: 522235 Dear Sir/Madam, With reference to above captioned subject matter, we wish to inform you that the 38th Annual General Meeting (“38th AGM”) of the Company was held on Tuesday, 29th September, 2026 through Video Conferencing (VC)/ Other Audio-Visual Means (OVAM) facility. Accordingly pursuant to regulation 30(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015 (“SEBI Listing Regulations”) read with Para A of Part A of Schedule III of the SEBI (LODR) Regulations, 2015, we enclose herewith proceedings of the 38th AGM of the Company. Kindly take the above on record and acknowledge receipt of the same. Thanking you. FOR MINAL INDUSTRIES LIMITED SHRIKANT J. PARIKH MANAGING DIRECTOR DIN: 00112642 MINAL INDUSTRIES LIMITED CIN: L32201MH1988PLC216905 Registered office: 603- l Minal Co-Op Hsg So Ltd, Off Sakivihar Road, Andheri-East Mumbai - 400072 Tel No. 022: 40707070; Email Id: cmseepz@gmail.com; Website: www.minalindustrieslimited.in PROCEEDINGS OF THE 38TH ANNUAL GENERAL MEETING OF MINAL INDUSTRIES LIMITED HELD ON TUESDAY, 29TH SEPTEMBER, 2026 1. DATE, TIME AND VENUE OF THE MEETING: The 38th Annual General Meeting (AGM) of members of Minal Industries Limited (the “Company”) was held on Tuesday, 29th September, 2026 through Video Conferencing (VC)/Other Audio-Visual Means (OAVM) in accordance with the various circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India, from time to time. The Registered Office of the Company was deemed venue of the AGM. 2. COMMENCEMENT OF THE MEETING: The Meeting commenced at 11.31 A.M Mr. Saket Rajendra Sugandh, Company Secretary & Compliance Officer, extended a warm welcome to the members on behalf of the Board of Directors and management. He informed that the AGM was being conducted through VC/OAVM in compliance with the applicable provisions of the Companies Act, 2013, SEBI Listing Regulations and relevant circulars. He confirmed that the requisite quorum was present and introduced the Directors, Key Managerial Personnel, Statutory Auditors, Secretarial Auditors and Scrutinizer attending the meeting through VC. A total of 68 Members attended the AGM as per the records of attendance. As the requisite quorum was present, the Meeting was called to order. 3. INTRODUCTION OF DIRECTORS AND OTHER OFFICIALS: The Company Secretary then introduced the Directors and other Members on the panel attending through VC. Sr. Name of Directors and KMP Designation 1. Mr. Shrikant Jesinglal Parikh Chairman and Managing Director 2. Mr. Subham Chand Jain Non – Executive Independent Director and Chairman of Audit Committee and Nomination and Remuneration Committee 3. Mr. Ajay Jormal Mehta Non - Executive Independent Director 4. Mrs. Disha Hiteshkumar Rathod Non-Executive Independent Director 5. Mr. Divyanshu Navlakha Non – Executive Non - Independent Director and Chairman of Stakeholders’ Relationship Committee 6. Ms. Harshala Karangutkar Chief Financial Officer Authorised Representative of R. H. Modi & Co., Chartered Accountants, Statutory Auditors of the Company, Mr. Hemant Shetye and Mr. Kunal Sakpal, Designated Partners of HSPN & Associates LLP, Secretarial Auditors and Scrutinizer also attended the Meeting through VC/OAVM. MINAL INDUSTRIES LIMITED CIN: L32201MH1988PLC216905 Registered office: 603- l Minal Co-Op Hsg So Ltd, Off Sakivihar Road, Andheri-East Mumbai - 400072 Tel No. 022: 40707070; Email Id: cmseepz@gmail.com; Website: www.minalindustrieslimited.in 4. VOTING FACILITY: The Chairman further informed that pursuant to the provisions of the Companies Act, 2013 and Regulation 44 of the Securities and Exchanges Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the “listing Regulations”), the Company had provided remote e-voting facility to its members to cast votes electronically, on all the resolutions set out in the Notice. Remote e-voting process was conducted for the AGM from Saturday, 26th September, 2026 at 09:00 A.M. upto Monday, 28th September, 2026 at 05:00 P.M. Further, the facility for voting at the meeting through electronic voting system was made available to the members who were present at the Meeting and had not cast their votes by remote e-voting. The Company had availed the services of National Securities Depository Limited (“NSDL”) for providing the remote e-voting and AGM e-voting facilities. 5. PROCEEDINGS OF THE MEETING: The Chairman thereafter proceeded with the formal proceedings of the Meeting. With the permission of the members, Annual Report containing the Notice, along with the Directors Report and Standalone and Consolidated Accounts for the year ended 31st March, 2026 as circulated to all the Members, Directors and Auditors of the Company was taken as read. The reports of the statutory auditors on the financial statements and Secretarial Audit Report did not contain any qualification or adverse remarks and hence were not required to be read. The Members were further informed that Mr. Hemant Shetye failing him Kunal Sakpal, Designated Partner of M/s. HSPN & Associates LLP, Practicing Company Secretaries has been appointed as Scrutinizer to scrutinize the votes casted by the members through remote e-voting as well as e-voting at the AGM. The Chairman further informed that the Voting Results along with Scrutinizer’s Report will be declared at the earliest and not later than 2 working days from the conclusion of AGM and the same shall be uploaded on the website on the website of BSE Limited. 6. BUSINESS TRANSACTED AT THE MEETING: The Chairman further informed the Members that the following items of business, as set out in the Notice convening the 38th Annual General Meeting, were placed before the Members for their consideration and approval: MINAL INDUSTRIES LIMITED CIN: L32201MH1988PLC216905 Registered office: 603- l Minal Co-Op Hsg So Ltd, Off Sakivihar Road, Andheri-East Mumbai - 400072 Tel No. 022: 40707070; Email Id: cmseepz@gmail.com; Website: www.minalindustrieslimited.in Ordinary Business: Item No. 1 To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the (Ordinary Reports of the Board of Directors and Auditors thereon. Resolution) Item No. 2 To receive, consider and adopt the Audited Consolidated Financial Statements of the Company and its subsidiaries for the financial year ended March 31, 2026, (Ordinary together with the Report of the Auditors thereon. Resolution) Item No. 3 To appoint a Director in place of Mr. Divyanshu Navlakha (DIN: 01162140) who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and (Ordinary being eligible, seeks reappointment. Resolution) Special Business: Item No. 4 To Approve the Material Related Party Transaction(s). (Ordinary Resolution) Item No. 5 To revise and approve the remuneration of Mr. Shrikant Jesinglal Parikh (DIN: (Special 00112642), Managing Director Resolution) 7. INTERACTION WITH MEMBERS: The Chairman invited the Members to raise their questions or queries, if any, relating to the Annual Report of the Company, the financial statements and the matters forming part of the agenda of the AGM. No questions or queries were raised by any of the Members present at the Meeting. The Chairman thereafter proc [Showing first 8,000 characters — download PDF for full document]