Proceeding of the AGM

September 29, 2026 BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400 001 Scrip Code/ISIN : MEAPL | 539762 | INE250S01015 Subject : Summary of Proceedings/outcome of the 80th Annual General Meeting (‘AGM’) held on Tuesday, September 29, 2026 Dear Sir/Madam, Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the summary of proceedings/outcome of the 80th Annual General Meeting (AGM) of Modern Engineering and Projects Limited (“the Company”) held on Tuesday, September 29, 2026 at 11:00 a.m. (IST) via Video Conferencing (VC)/Other Audio-Visual Means (OAVM), in compliance with circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India (SEBI) in this regard and the applicable provisions of the Companies Act, 2013. Meeting overview & key compliance details are as under: Compliance Particulars Operational Details Mode of Meeting Video Conferencing (VC) / Other Audio-Visual Means (OAVM) Platform Service Provider Central Depository Services (India) Limited (CDSL) Cut-off Date for Voting Tuesday, September 22, 2026 Remote Electronic Voting Timeline September 25, 2026 (9:00 a.m.) to September 28, 2026 (5:00 p.m.) Scrutinizer CS Manoj Mimani, Partner - M/s. R M Mimani & Associates LLP Total Shareholders Present & Quorum 40 Shareholders were present via Video Conferencing (VC) / Other Audio-Visual Means and constituted the quorum in terms of the provisions of Section 103 of the Companies Act, 2013. Meeting Conclusion Time 11:35 a.m. (Including 15-minute e-voting window) The following Directors, Key Managerial Personnel (KMPs), and Invitees were present through the VC/OAVM;  Mr. Radheshyam Laxmanrao Mopalwar : Chairman & Non- Executive Directors  Mr. Fattehsingh Krishnrao Patil : Managing Director  Mrs. Vaishali Sahebrao Mulay : Non-Executive Director  Mr. Shivratan Krishnakumar Agarwal : Independent Director and (Chairperson of Audit, Nomination & Remuneration Committee and Stakeholders Relationship Committee)  Mr. Ajit Arvind Sagane : Independent Director  Ms. Abhijit Jayant Deshpande : Independent Director  Mr. Navraj Bhatt : Chief Financial Officer (CFO)  Ms. Chaitali Shinde : Executive Other Invitees in Attendance:  Mr. Dhiraj Lalpuria, Representatives of the Statutory Auditors.  Mr. Nidhi Bajaj, Representatives of the Secretarial Auditors.  CS Manoj Mimani, Partner of M/s. R M Mimani & Associates LLP, Scrutinizer. Unit no. 1106, 11th Floor, Hallmark Business Plaza, Near Guru Nanak Hospital, Bandra (E), Mumbai–400051 The Meeting commenced with a formal welcome to the Shareholders, Board Members, Auditors and the Scrutinizer joining virtually. Thereafter, the modality of Meeting and voting procedure was explained to the Shareholders and others present at the Meeting. It was further informed that eligible Shareholders (holding shares on the cut-off date i.e. Tuesday, September 22, 2026) had cast their votes through remote e-voting between September 25, 2026 to September 28, 2026. Shareholders who did not vote earlier are eligible and allowed to vote electronically during the Meeting. All statutory registers and required documents were made available electronically for Shareholders inspection during the Meeting. Mr. Radheshyam Mopalwar, Chairman of the Company, chaired the Meeting. Upon verifying that required quorum was present, the Chairman officially called the 80th AGM to order. The Chairman warmly welcomed all participants and delivered his address, detailing the Company's financial performance highlights for the past fiscal year and sketching out strategic maps for the current period. With the permission of the attending Shareholders, the Notice of the AGM together with the Audited Financial Statements for the fiscal year ended March 31, 2026 along with the Board's Report and the Auditors' Report there on were taken as read., as there was no qualification, reservation, or adverse remark were made by the Statutory Auditors in their Report. The Chairman invited registered speaker Shareholders to present their statements. However, no person amongst the registered speakers were present at the meeting. The following resolutions were presented to the Shareholders for their consideration: 1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2026, and the reports of the Board of Directors and the Statutory Auditors thereon – Ordinary Resolution 2. To appoint a director in place of Mrs. Vaishali Sahebrao Mulay (DIN:06444900), who retires by rotation and being eligible, offers herself for re-appointment – Ordinary Resolution Thereafter, the electronic voting system on the CDSL portal was kept operational for 15 minutes post conclusion of the Meeting to provide a voting window for Shareholders who had not yet exercised their votes. Thereafter Shareholders were informed that results would be declared within two working days of the AGM, based on the Scrutinizer’s Report and would be published on the Company’s website at www.mep.ltd the CDSL e-voting portal (www.evotingindia.com), and the website of BSE Limited (www.bseindia.com.). The Meeting concluded at 11.35 a.m. (Including 15-minutes e-voting window) with a vote of thanks to the Chair. Please take the same on your records. Thanking You, Yours faithfully, For Modern Engineering and Projects Limited Fattehsingh Krishnrao Patil Managing Director DIN: 10738344 Email id: md@mep.ltd Unit no. 1106, 11th Floor, Hallmark Business Plaza, Near Guru Nanak Hospital, Bandra (E), Mumbai–400051