Shareholders meeting

25th June, 2026 The Manager (Listing), The Manager (Listing), The BSE Ltd. National Stock Exchange of India Ltd. Mumbai Mumbai Company’s Scrip Code: 505700 Company’s Scrip Code: ELECON Sub. : Proceedings of 66th Annual General Meeting of the Company Ref. : Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 Dear Sir, This is to inform you that the 66th Annual General Meeting (AGM) of the Members of Elecon Engineering Company Limited was held on Thursday, 25th June, 2026 through Video Conferencing (“VC”)/Other Audio Visual Means (“OVAM”) and the business as per the Notice dated 15th April, 2026 were transacted thereat. The speech delivered by the Chairman at the AGM, is enclosed for reference and record. The same is also available on the Company’s website www.elecon.com. In terms of subject referred Regulation, a summary of the proceedings at 66th AGM is also appended. You are requested to take the same on your records. Thanking you, Yours faithfully, For Elecon Engineering Company Limited, Bharti Isarani Company Secretary & Compliance Officer Encl.:- As above Summary of proceedings of the 66th Annual General Meeting (AGM): The 66th Annual General Meeting (AGM) of the Members of Elecon Engineering Company Limited (“the Company”) was held on Thursday, 25th June, 2026 at 3:00 p.m. (IST) through Video Conferencing (“VC”)/Other Audio Visual Means (“OVAM”) at the venue deemed to be the Registered Office of the Company at Anand-Sojitra Road, Vallabh Vidyanagar – 388 120, Gujarat. The meeting was held in compliance with the circulars issued by the Ministry of Corporate Affairs (“MCA”) and the Securities and Exchange Board of India (“SEBI”) and as per the applicable provisions of the Companies Act, 2013 and the Rules made thereunder. Mr. Prayasvin B. Patel, Chairman & Managing Director of the Company and Mrs. Bharti L. Isarani, Company Secretary, had joined the meeting through VC from Vallabh Vidyanagar and welcomed the members of the Company. Mr. Ashutosh A. Pednekar, Chairman of Audit Committee & Risk Management Committee; Mr. Nirmal P. Bhogilal, Chairman of Nomination & Remuneration Committee and Stakeholders’ Relationship Committee and all other Directors had attended the meeting through VC from their respective locations. Mr. Chintan J. Shah, Chief Financial Officer; Mr. Dipak S. Dalwadi, Business Head (Gear Division) and Mr. Kaushik M. Patel, Business Head (MHE Division) of the Company, attended the meeting through VC from Vallabh Vidyanagar. The meeting was also attended by Mr. Himanshu Kishnadwala, Partner of M/s. CNK & Associates, LLP, the Statutory Auditors of the Company as well as by Mr. S. Samdani, Partner of M/s. Samdani Shah & Kabra, the Secretarial Auditors of the Company. The Company Secretary informed the members that as per Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 and Regulation 44 of SEBI (LODR) Regulations, 2015, the Company had provided remote e-voting facility through MUFG Intime India Private Limited (MUFG) to all the members to cast their votes electronically in respect of all resolutions mentioned in the Notice of 66th AGM. The e- voting portal was opened from Monday, 22nd June, 2026 (9:00 a.m.) to Wednesday, 24th June, 2026 (5:00 p.m.). She further stated that only those shareholders who have not exercised their remote e-voting, can exercise their voting rights by tendering votes through the e-voting system during the AGM and it will remain open for 15 minutes after the conclusion of the AGM. It was informed that Mr. S. Samdani (Membership No. FCS: 3677; CP No. 2863), Partner of M/s. Samdani Shah & Kabra, Practicing Company Secretary was appointed as the Scrutinizer to ensure conducting of e-voting at the meeting and remote e-voting process in a fair and transparent manner. The Company Secretary informed the members that the combined result of remote e-voting and e-voting done at the AGM will be announced within the statutory time limits and will be uploaded on the website of the Company, MUFG and will also be submitted to both the Stock Exchanges. Mr. Prayasvin B. Patel, Chairman & Managing Director, occupied the chair and requested Mrs. Bharti L. Isarani, Company Secretary to ascertain the quorum. She confirmed that the quorum was present and the Chairman declared the meeting in order and open for business. The Chairman then delivered his speech and Chief Financial Officer gave an overview of the operations and the financial performance of the Company during Financial Year 2025-26. With consent of the members present, the Company Secretary took the Notice dated 15th April, 2026 convening the 66th AGM and the Boards’ Report circulated to the members as read. She had further informed the Members that there was no qualification in Statutory Auditors’ Report and Secretarial Auditors’ Report and the same were taken as read. The following items of business, as per the Notice of 66th AGM convened on 25th June, 2026 were transacted: Sr. Type of Particulars Nos. Resolution Ordinary Business: 1 Adoption of the Audited Financial Statements (Both Standalone and Ordinary Consolidated) of the Company for the Financial Year ended on 31st March, 2026 and the Reports of Auditors and the Board of Directors thereon. 2 Declaration of Final Dividend of Rs. 1.50/- (i.e. 150%) per equity share Ordinary for the Financial Year ended on 31st March, 2026. 3 Appointment of Mr. Pradip M. Patel (DIN: 00012138), who retires by Special rotation and being eligible, offers himself for re-appointment. 4 Re-appointment of M/s. CNK & Associates LLP as the Statutory Ordinary Auditor of the Company and fix their remuneration. Special Business: 5 Re-appointment of Mr. Prayasvin B. Patel (DIN: 00037394) as the Special Chairman & Managing Director for three consecutive years with effect from 1st July, 2026 and payment of managerial remuneration. 6 Appointment of Mr. Aayush A. Shah (DIN: 07140517) as an Executive Special Director for three consecutive years with effect from 1st October, 2026 and payment of managerial remuneration. 7 Appointment of Dr. Savan R. Godiawala (DIN: 07874111) as a Non- Special Executive & Independent Director for five consecutive years with effect from 15th April, 2026. 8 Ratify the remuneration payable to the Cost Auditors i.e. M/s. Ketki Ordinary D. Visariya & Co., Cost & Management Accountants of the Company for the financial year 2026-27. Thereafter, the Company Secretary proposed to place the resolutions as mentioned in the Notice convening the AGM, for voting by the members present. The Company was in receipt of the requests from some speaker shareholders. The registered speaker shareholders asked the questions which were satisfactorily answered by the Chairman and the Company Secretary of the Company during the meeting. Since there was no other business to be transacted, the Chairman requested the Company Secretary to deliver a vote of thanks which was delivered by Mrs. Bharti Isarani, Company Secretary of the Company. Thereafter, the Chairman declared the meeting concluded at 3.38 p.m. Kindly take the same on your record. For Elecon Engineering Company Limited, Bharti Isarani Company Secretary & Compliance Officer Date: 25th June, 2026 Place: Vallabh Vidyanagar DEAR SHAREHOLDERS, The long‑term demand drivers across key sectors remain Good afternoon and a very warm welcome to the 66th Annual firmly in place ‑ and Elecon is well positioned to capitalise on General Meeting of Elecon Engineering. I am pleased to see so this opportunity. many of you here today and I thank each one of you for your LET ME NOW SPEAK TO OUR FINANCIAL PERFORMANCE continued trust and your presence at this gathering. FY 2025‑26 was a year that tested our execution discipline yet This year, Elecon marks a remarkable milestone ‑ 75 years of reaffirmed the underlying strength of our pillars. On a excellence. Our journey has been shaped by both triumphs [Showing first 8,000 characters — download PDF for full document]