Shareholders meeting

SUMEET INDUSTRIES LIMITED - POWERED BY EAGLE GROUP - A LEGACY OF TRUST A FUTURE OF INNOVATION CIN : L45200GJ1988PLC011049 REGD. OFF.: 504, TRIVIDH CHAMBER, 5TH FLOOR, OPP. FIRE BRIGADE STATION, RING ROAD, SURAT - 395 002, INDIA. Phone : (91-261) 232890? E-mail : corporate@sumeetindustries.com(cid:9) Visit us at : www.sumeetindustries.com Date : 29/09/2026 National Stock Exchange of India Ltd Exchange Plaza, BSE Limited Department of Corporate Services Bandra Kuria Complex, Phiroze Jeejeebhoy Towers, Bandra (E), Dalal Street, FORT, Mumbai : 400 051 Mumbai - 400 001 Symbol - SUMEETINDS Scrip Code - 514211 Sub. : Proceedings of 38th Annual General Meeting of the Members of the Company held on Tuesday, 29th September, 2026 Dear Sir, Pursuant to Regulation 30 (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with Para A of Part A of Schedule III to the Listing Regulations, we are submitting herewith proceedings of the 38' Annual General Meeting (AGM) of the Company held on Tuesday. 29'h September, 2026 through Video Conferencing ("VC") / Other Audio Visual Means ("OAVM"). In this respect, please find enclosed herewith summary of the proceedings of the 38th Annual General Meeting. The meeting was stared on 12.30 P.M. and concluded on 01.30 P.M. This is for your information and record please. Thanking you. For Sumeet Industries Limited Anil Kumar Jain Company Secretary FACTORY : BLOCK NO. 289-291-292-304, VILLAGE : KARANJ, TALUKA : MANDVI, DIST. SURAT - 394 110. PH.: 9978'25038, E-mail : plant@sumeetindustries.com SUMEET INDUSTRIES LIMITED - POWERED BY EAGLE GROUP A LEGACY OF TRUST A FUTURE OF INNOVATION CIN : L45200GJ1988PLC011049 REGD. OFF.: 504, TRIVIDH CHAMBER, 5TH FLOOR, OPP. FIRE BRIGADE STATION, RING ROAD, SURAT- 395 002, INDIA. Phone : (91-261) 2328902 E-mail corporate@sumeetindustries.com(cid:9) Visit us at : www.sumeetindustrles.com Summary of the proceedings of the 38th Annual General Meeting of the company held on Tuesday, 29th September , 2026 through Video Conferencing ("VC") / Other Audio Visual Means ("OAVM") The 38th Annual General Meeting ("AGM") of the Members of the Company was held on Tuesday, 29th September, 2026 at 12.35 PM through Video Conferencing ("VC") / Other Audio Video Means ("OAVM"). The Meeting was conducted in accordance with the circulars issued by the Ministry of Corporate Affairs ("MCA") and the Securities and Exchange Board of India ("SEBI"). Mr. Anil Kumar Jain , Company Secretary & Compliance Officer of the Company welcomed the Members to the Meeting and briefed them on details relating to their participation at the Meeting through audio-visual means. The Members were informed that the Company had taken the requisite steps to enable the Members to participate and vote on the items being considered at the AGM. Members were informed that the requirement of appointing proxies was not applicable. Mr. Anil Kumar Jain, Company Secretary of the Company, introduced the followings panelists: - Directors and Members of the Senior Management attending the Meeting through VC/OAVM from their respective locations; - M/s. HTKS & Co, Auditors attending the Meeting through VC/OAVM from their respective locations. - M/s. Dhiren R Dave & Co. , Scrutinizer attending the Meeting through VC/OAVM from their location. - Bigshare Services Pvt. Limited , Registrar and Share Transfer Agent attending the Meeting through VC/OAVM from their respective locations. Mr. Radheshyam B Jaju , Chairman of the company occupied the Chair of the meeting and welcomed all the Directors, Invitees and Shareholders present in the meeting and called the Meeting is in order as the requisite quorum were present. The Company Secretary informed that 38'h AGM's Notice along with the explanatory statements and the Annual Report for the financial year ended 31st March, 2026 have been emai led to the members of the company within the statutory time period. The Chairperson informed that, members, who had not participated in remote e-voting process could still cast their vote on all resolutions as set forth in the Notice of 38°' AGM through the e-voting available during the meeting. 1 le further informed that in compliance with the circulars issued by the MCA and SEBI , since there was no physical attendance of Shareholders , the requirement of appointing proxies was not applicable. The Chairman then proceeded to lead the proceedings of the AGM. I le expressed his gratitude to the Members for their ongoing support of the Company and for taking the time to attend the meeting. With the consent of the Shareholders present, the Notice convening the AGM , Directors' Report along with Annexures there to , the Audited Financial Statements along with the Auditors report for the Financial year ended March31, 2026 were taken as Read. The Mg. Director addressed the shareholders wherein they explained to the members a brief about Company's performance during the financial year 2025-26 and explained about the developments has been taking place by the new management after taken over the management of the company being as a Successful Resolution Applicant. He also(cid:9) Future outlook of the company. Copy of Speech is enclosed herewith. FACTORY : BLOCK NO. 289-291-292-304, VILLAGE : KARANJ, TALUKA : MANDVI, DIST. SURAT - 394 1 PH.: 9978925038, E-mail : plant@sumeetindustries.com SUMEET INDUSTRIES LIMITED - POWERED BY EAGLE GROUP A LEGACY OF TRUSTA FUTURE OF INNOVATION CiN : L45200W1988PLC011049 REGD. OFF.: 504, TRIVIDH CHAMBER, 5TH FLOOR, OPP. FIRE BRIGADE STATION, RING ROAD, SURAT - 395 002, INDIA. Phone : (91-261) 2328902 E-mail : corporate@sumeetindustries.com(cid:9) Visit us at : www.sumeetindustries.com After that Anil Kumar Jain , Company Secretary of the company briefed the Shareholders on the Agenda items of the Meeting. After delivering the speech , the members who had registered themselves as speakers were invited to express their views. The Chairperson thanked the Directors, Panelists and Members for participating in the meeting and wished everyone to stay healthy and safe. Thereafter, the following items of business, as per the Notice of 38111 AGM, were transacted and approved by the members at the meeting. AS ORDINARY BUSINESS 1. Consider and Adopt Audited Standalone and Consolidated Statement of Accounts for the financial year ended on 31st March, 2026 and Reports of Auditors and Board of Directors thereon. 2. To appoint a Director, in place of Mr. Pratik R Jaju (DIN : 01899119) , who retires by rotation and being eligible, offer himself for re-appointment. 3. Appointment of Auditors AS SPECIAL BUSINESS 4. Authorization to the Board of Directors for providing Loan(s)/Guarantee(s) and/ or provide security(ies) in connection with any loan under Section 185 of the Companies Act, 2013 5. Transactions with related parties under section 188 of the Companies Act,2013 6. Authorization to the Board of Directors for giving any loan / guarantee and/or providing any security in connection with loan and/or making any investment by the company under Section 186 of the Companies Act, 2013 7. To consider and approve Variation in the objects of the Rights Issue mentioned in the Letter of Offer dated June 08, 2026 8. Ratification of Re-Appointment of Cost Auditor. The Company Secretary informed that the Company had appointed M/s. Dhirren R. Dave & Co., Company Secretaries (UIN No. P1996GJ002900) as the Scrutinizer to scrutinize the voting done through remote e-voting process, in a fair and transparent manner. Pursuant to Regulation 44(3) of SEBI (LODR) Regulation 2015, results of the e-votingwill be ,o‘.) S Toy FACTORY : BLOCK NO. 289-291-292-304, VILLAGE : KARANJ, TALUKA : MANDVI, DIST. SURAT - 394 PH.: 9978925038, E-mail : plant@sumeetindustries.com SUMEET INDUSTRIES LIMITED POWERED BY EAGLE GROUP - A LEGACY OF TRUST A FUTURE OF INNOVATION CIN L45200G.11988PLC011049 REGD. OFF.: 504, TRIVIDH CHAMBER, 5TH FLOOR, OPP. FIRE BRIGADE STATION, RING ROAD, SURAT - 395 002 [Showing first 8,000 characters — download PDF for full document]