Pursuant to reg 30 of SEBI (LODR) Reg 2015, we submit herewith the gist of proceedings of 41st AGM of the Company held on Tuesday, 29th September, 2026. The meeting Commenced at 01:00 P.M., through Video Conferencing/ other audio Visual Means in accordance with circulars issued by the MCA and SEBI and Business mentioned in the notice date 05th September, 2026, conveing the AGM .

AVON MERCANTILE LIMITED Date: 29" September, 2026 The Listing Manager, Bombay Stock Exchange Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001 Sub: Proceedings of 41" Annual General Meeting under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 Ref: BSE Scrip Code: 512265 Dear Sir, Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015, we submit herewith the gist of the proceedings of the 413 Annual General Meeting of the Company held on Tuesday, 29™ September, 2026. The meeting commenced at 01:00 P.M., through Video Conferencing/Other Audio-Visual Means in accordance with the circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India (SEBI) and business mentioned in the notice dated 05" September, 2026, convening the Annual General Meeting. Kindly take the record of the same. Yours faithfully, M. No : A59385 Website: avonmercantile.co.in () avonsecretarial@ggm ail.com UpPpPe r Basement, Smart Bharat Mall, Plot No. I-2, Ph: 0120-3355131, 3859000 CIN L17118UP1985PLC026582 Sector-25A, Gautam Buddha Nagar, Noida- 201301 (u.P.) AVON MERCANTILE LIMITED Proceedings of 41%' Annual General Meeting under Regulation 30 of SEBI (LODR) Regulations, 2015 The 41% Annual General Meeting of the members of the Company was held on Tuesday, 29" September, 2026, commenced at 01.00 P.M. through video Conferencing (VC)/Other Audio Visual Means (OAVM). The meeting was concluded at approximately 1:29 P.M. on the same day. The brief details of the items deliberated at the meeting and results thereof: e Mr. Siddheshwar Kumar Upadhyay, Non- Executive Independent Director of the Company, Chaired the meeting. e The requisite Quorum being present, the Chairman called the meeting to order. e Mr. Siddheshwar Kumar Upadhyay, requested Ms. Himanshi Dhakad to take over and conduct the AGM. e Ms. Himanshi Dhakad requested the panellists to kindly introduce themselves and all the panellists introduced themselves to the meeting. e Ms. Himanshi Dhakad informed the members that the Company has engaged the services of National Securities Depository Limited (NSDL) as the authorized agency to provide e-voting facility to the shareholders and appointed Mr. Dinkar Sharma, PCS, as the Scrutinizer for the purpose of scrutinizing the voting through remote e- voting process and e-voting during the meeting e It was informed to the members that remote e-voting commenced at 9:00 A.M. on 26" September, 2026 and ended at 5:00 p.m. on 28" September, 2026. e It was informed the members that the facility for e-voting is available at the meeting for the members who have not cast their vote through remote e-voting. o Thereafter, following resolutions as set out in the notice convening the 41* Annual General Meeting were put for the approval of the members: Item Resolutions Ordinary Business 1 To receive, consider and adopt the Audited Financial Statements of the Company including the Balance Sheet as at 31st March 2026, the statement ofA udited Profit and Loss Account and statement of Cash Flow for the year ended 31 March, 2026 together with the notes, Directors Reports and Auditors Report thereon. = To consider re-appointment of Mr. Gurvinder Pal Singh (DIN: 05207077) as a Director of the Company who retires by rotation and being eligible offers himself for ieqppointment. ® Tlrsrediter, themdimman imvited questions and queries from the members. Website: avonmercantile.co.in @) avonsecretarial@gmail.com 9 Upper Basement, Smart Bharat Mall, Plot No. I-2, Ph: 0120-3355131, 3859000 CIN L17118UP1985PLC026582 Sector-25A, Gautam Buddha Nagar, Noida- 201301 (u.P.) AVON MERCANTILE LIMITED There being, no other Item on the Agenda, the Chairman bestowed his heartfelt thanks and gratitude to the members and panellists for having spared their precious time for attending the 41% Annual General Meeting of the Company and finally the meeting concluded with a vote of thanks to the Chair. The result of E-voting will be disseminated to the exchange and NSDL and will also be posted on the website of the Company once reccived from the Scrutinizer (by 1** October, 2026). Yours faithfully, For Avon Limited Website: avonmercantile.co.in @ avonsecretarial@gmail.com Q Upper Basement, Smart Bharat Mall, Plot No. I-2, Ph: 0120-3355131, 3859000 CIN L17118UP1985PLC026582 Sector-25A, Gautam Buddha Nagar, Noida- 201301 (U.P.)