Summary of Proceedings of the 42nd Annual General Meeting of the members of Sobhagya Mercantile Limited held on Tuesday, 29th September, 2026 at 11:30 a.m. (IST)

To, Date: 29th September, 2026 The Department of Corporate Services, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001. Subject: - Summary of Proceedings of the 42nd Annual General Meeting (‘AGM’) of the members of Sobhagya Mercantile Limited held on Tuesday, 29th September, 2026 at 11:30 a.m. (IST) Scrip Code: 512014 (SOBHAGYA MERCANTILE LTD.) Dear Sir / Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith Summary of Proceedings of the 42nd AGM of the members of Sobhagya Mercantile Limited (‘the Company’) held on Tuesday, 29th September, 2026 at 11:30 a.m. (IST) through Video Conferencing (‘VC’)/Other Audio-Visual means (‘OAVM’). This is for your information and records. Thanking you. Yours Faithfully For SOBHAGYA MERCANTILE LIMITED Shrikant Bhangdiya Managing Director (DIN-02628216) Encl.: As Above Date: 29th September, 2026 Summary of Proceedings of the 42nd Annual General Meeting of the members of Sobhagya Mercantile Limited: The 42nd Annual General Meeting (‘AGM’) of the members of Sobhagya Mercantile Limited (‘the Company’) was held on Tuesday, the 29th Day of September, 2026 at 11:30 a.m. (IST) through Video Conferencing (‘VC’)/ Other Audio-Visual Means (‘OAVM’). The AGM was conducted in accordance with the relevant circulars issued by the Ministry of Corporate Affairs (‘MCA’) and the Securities and Exchange Board of India (‘SEBI’), in this regard from time to time. All the Directors of the Company, Key Managerial Personnel of the Company, Mr. Jaydip Joshi, Partner of M/s Joshi & Shah, Chartered Accountants, as Statutory Auditors, Mr. Tejas Shingewar, Partner of M/s PDTS & Associates, Company Secretaries, as Secretarial Auditors and Scrutinizer of the e-voting process for this AGM, and Mr. Rajat Khandelwal, Partner of M/s. Ashish Mittal & Associates, Chartered Accountants, as Internal Auditors were present at the meeting through VC. The Company Secretary and Compliance Officer extended a warm welcome to everyone present at the meeting. She briefed the Members on the procedural and technical aspects of attending and participating in the AGM through VC. She also informed that all relevant documents referred to in the Notice of the AGM and the Statement annexed thereto, as well as the Statutory Registers, were kept open for inspection by the Members electronically. The Annual Report for the financial year 2025-26 and Notice of the 42nd AGM were sent electronically to the members whose email IDs were registered with the Company /Purva Sharegistry (I) Pvt. Ltd., Registrar and Share Transfer Agent of the Company / Depository Participants and Depositories and physical letters containing the web link to access the Annual Report on the Company's website were also dispatched to those members whose email addresses were not registered. The proceedings of this annual general meeting shall be deemed to have been conducted at the registered office of the Company at Mumbai. The Company Secretary then introduced the Board Members, Key Managerial Personnel and Partner of M/s Joshi & Shah, Statutory Auditors, Partner of M/s PDTS and Associates, Secretarial Auditors and Scrutinizer, and Partner of M/s Ashish Mittal & Associates, Internal Auditors. With the consent of the Members present, Mr. Shrikant Mitesh Bhangdiya, Managing Director, occupied the chair for this 42nd Annual General Meeting and extended a warm welcome to everyone present at the meeting. Upon confirmation of the requisite quorum being present, the Chairman declared the meeting duly constituted and called the meeting to order. The Chairman apprised the Members about the performance of the Company during the financial year 2025-26 and its business prospects and the strategic initiatives undertaken by the Company. He further informed that the Company had engaged the services of National Securities Depository Limited (‘NSDL’) for remote e-voting and e-voting during the AGM for the members of the Company. The Chairman extended his gratitude towards employees, suppliers, customers, shareholders, directors and auditors for their support and belief. The Chairman then invited the Members who had registered themselves as Speaker to express their views, raise queries, or seek clarifications regarding the operations and financial performance of the Company and the resolutions set out in the Notice of the AGM. The Chairman provided appropriate responses and clarifications. The Company Secretary informed the Members that the Notice convening the AGM had already been circulated to all the Members and, with the consent of the Members present, the same was taken as read. She further informed the Members present that there were no qualifications or observations or adverse remarks in the Statutory Auditors’ Report. The Secretarial Auditors had made certain recommendations in their report which were duly noted by the Company for appropriate action, as applicable. The following businesses as set out in the Notice convening the 42nd AGM were earlier put to vote through remote e-voting, were transacted at the meeting by passing the following Resolutions. Sr. Ordinary Business Type of Mode of voting No. Resolution 1. To receive, consider and adopt the Audited Standalone Ordinary Remote e-voting Financial Statements of the Company for the financial prior and during year ended 31st March 2026, together with the Reports of the AGM the Board of Directors’ and Auditors’ thereon. 2. To appoint a director in place of Mrs. Sonal Kirtikumar Ordinary Remote e-voting Bhangdiya (DIN: 03416775), who retires by rotation and prior and during being eligible, offers herself for re-appointment. the AGM Special Business 3. Ratification of Remuneration of Cost Auditor. Ordinary Remote e-voting prior and during the AGM 4. Appointment of Mrs. Aarti Shrikant Bhangdiya (DIN- Ordinary Remote e-voting 03407301) as a Non-Executive Non- Independent prior and during Director of the Company. the AGM 5. Approval for payment of remuneration to Non-Executive Special Remote e-voting Directors of the Company. prior and during the AGM 6. Approval of charges for the service of documents to the Ordinary Remote e-voting shareholders. prior and during the AGM The Company Secretary informed the members that the Company had provided its members holding shares as on the cut-off date i.e. on Tuesday, 22nd September, 2026 a facility to cast their votes through remote e-voting system provided by NSDL. The remote e-voting commenced on Saturday, 26th September, 2026 at 09:00 a.m. (IST) and closed on Monday, 28th September,2026 at 05:00 p.m. (IST). Then the Company Secretary requested the members attending the meeting and who had not cast their vote earlier through remote e-voting, to cast their vote through e- voting facility provided during the Annual General Meeting by NSDL. The members were also informed that the Board of Directors of the Company had appointed M/s PDTS & Associates, Company Secretaries having Firm Registration No. P2025MH104400, as a Scrutinizer (‘Scrutinizer’) to supervise the e-voting process in a fair and transparent manner. The results will be announced within the applicable statutory timelines and the same will be intimated to the stock exchange and uploaded on the websites of the Company & NSDL. The e-voting facility was kept open for the next 15 minutes to enable those members who had not cast their vote to vote on the resolutions set out in the Notice. The Company Secretary thanked the Chairman Sir and then members for attending the meeting. Thereafter, the meeting concluded at 12:10 p.m. (including the time allowed for e-voting) This is for your information and records. Thanking you. Yours Faithfully For SOBHAGYA MERCANTILE LIMITED Shrikant Bhangdiya Managing Director (DIN-02628216)