Shareholders meeting

GEL/SEC/2026/1624 29th September, 2026 BSE Limited, National Stock Exchange of India Ltd, Phiroze Jeejeebhoy Tower, Exchange Plaza, 5th Floor, Plot No. C/1, G Dalal Street, Mumbai Block, Bandra Kurla Complex, Bandra (East), Mumbai Company Code: BSE - 539336 Company Code: NSE – GUJENERGY Sub: Intimation of proceedings of the 14th Annual General Meeting of the Company held on 29th September, 2026 Respected Sir/Madam, Pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached the proceedings of 14th Annual General Meeting of the Company held on 29th September, 2026. We request you to take the above on records. Thanking you, For, Gujarat Energy Limited Sandeep Dave Company Secretary GUJARAT ENERGY LIMITED (Erstwhile Gujarat Gas Limited) Corporate Office: Office No. 4 & 5, Ground Floor, IT Tower -2, Infocity, Gandhinagar – 382009 Gujarat Registered Office: Gujarat Energy Bhavan, Behind Udyog Bhavan, Sector- 11, Gandhinagar, Gujarat – 382010 Tel.: +91-79-66701001 Website: https://www.gujarat-energy.com/ , CIN: L40200GJ2012SGC069118 PROCEEDINGS OF THE 14TH ANNUAL GENERAL MEETING OF GUJARAT ENERGY LIMITED (ERSTWHILE GUJARAT GAS LIMITED) HELD ON TUESDAY, 29TH SEPTEMBER, 2026, THROUGH VIDEO CONFERENCE (“VC’) / OTHER AUDIO-VISUAL MEANS (“OAVM”), AT 3:00 P.M. AND CONCLUDED AT 3:56 P.M. The 14th Annual General Meeting of the Members of Gujarat Energy Limited was held on 29th September, 2026 at 3:00 P.M. through Video Conferencing (VC)/Other Audio- Visual Means (OAVM). The Meeting commenced at 3:00 P.M. Smt. Avantika Singh Aulakh, IAS, Managing Director of the Company was requested to chair the Meeting as Shri M K Das, IAS, Chairman could not attend the Meeting due to unavoidable circumstances. Smt. Avantika Singh Aulakh, IAS, Managing Director chaired the meeting. The Quorum required under the Companies Act, 2013 was present throughout the Meeting. Shri Sandeep Dave, Company Secretary, informed that the Meeting was held through VC/ OAVM in compliance with the Circulars issued by the Ministry of Corporate Affairs ("MCA Circulars") and by Securities and Exchange Board of India (SEBI). Thereafter, the Company Secretary informed the Members about the procedural and technical points on conducting the Meeting through VC/OAVM as per the Circulars issued by MCA and SEBI in this regard. The Company Secretary further informed that the Company has appointed M/s K K Patel & Associates, Practicing Company Secretaries to act as Scrutinizer for the purpose of scrutinizing the entire E-voting process (i.e. Remote E-voting and E-voting during the AGM) in transparent manner. The Chairperson delivered the Speech. Speaker Shareholders shared their views during the meeting which were responded by Chairperson of the Meeting. The following items of business as set out in the Notice convening the meeting were proposed: Ordinary Business 1. Receiving, considering and adopting the Audited Financial Statements (Standalone & Consolidated) of the Company for the Financial Year ended 31st March, 2026 and the Reports of the Board of Directors together with the Reports of Statutory Auditors and Comments of the Comptroller & Auditor General of India. Type of Resolution: Ordinary Resolution “RESOLVED THAT the Audited Balance Sheet (Standalone & Consolidated) as on 31st March, 2026, Statement of Profit and Loss (Standalone & Consolidated) for the year ended on 31st March, 2026 along with notes forming part of the financial statements (Standalone & Consolidated) together with the Board’s Report, the Report of Auditors' thereon (Standalone & Consolidated) and the Nil Comments of the Comptroller & Auditor General of India, (Standalone & Consolidated), in terms of Section 143(6) of the Companies Act, 2013 as circulated to the shareholders, be and are hereby approved and adopted.” 2. Declaring Dividend on Equity Shares for the Financial Year 2025 - 26. Type of Resolution: Ordinary Resolution “RESOLVED THAT the Dividend for the F.Y. 2025 - 26 of Rs. 8.90/- per Equity Share aggregating to Rs. 835,02,54,556.10/- (Rupees Eight Hundred Thirty-Five Crore Two Lacs Fifty-Four Thousand Five Hundred Fifty-Six and Ten Paisa only) on 93,82,30,849 Equity Shares of Rs. 2/- each of the Company, be and is hereby approved.” 3. Re-appointment of Dr. T. Natarajan, IAS, (DIN: 00396367), who retires by rotation and being eligible offers himself for re-appointment. Type of Resolution: Ordinary Resolution “RESOLVED THAT Dr. T. Natarajan, IAS, (DIN: 00396367), who retires by rotation and being eligible offers himself for reappointment, be and is hereby re-appointed as Director of the Company, liable to retire by rotation.” 4. Authorising the Board of Directors of the Company to fix remuneration of Statutory Auditors of the Company for Financial Year 2026 - 27, in terms of the provisions of Section 142 of Companies Act, 2013. Type of Resolution: Ordinary Resolution “RESOLVED THAT pursuant to Section 142 and other applicable provisions, if any of the Companies Act, 2013, the Board of Directors of the Company be and is hereby authorized to fix the remuneration of the Statutory Auditors of the Company for F.Y. 2026 - 27, including out of pocket expenses to be incurred during the course of the audit.” Special Business 5. Ratification of remuneration of Cost Auditors for FY 2026 - 27. Type of Resolution: Ordinary Resolution "RESOLVED THAT pursuant to the provisions of Section 148 of the Companies Act, 2013 and other applicable provisions of the Companies Act, 2013, if any, and the Companies (Audit and Auditors) Rules, 2014 [including any statutory modification(s) or re-enactment thereof, for the time being in force], the remuneration of M/s. Kailash Sankhlecha & Associates, Cost Accountants, (Firm Registration No. 100221), the Cost Auditor of the Company, (whose appointment and remuneration has been recommended by the Audit Committee and approved by the Board of Directors), for conducting the audit of the cost records maintained by the Company for the FY 2026 - 27, i.e. Rs. 1,40,000/- (Rupees One Lac Forty Thousand only) plus applicable taxes and reimbursement of out of pocket expenses incurred by them during the course of Audit, be and is hereby ratified. RESOLVED FURTHER THAT the Board of Directors of the Company be and is hereby authorized to do all acts and to take such steps as may be necessary, proper and expedient to give effect to this Resolution.” The Meeting concluded at 3:56 P.M. with vote of thanks to Chairperson. Thereafter, the e-voting facility was kept open for next 15 minutes after conclusion of AGM to enable the Members to cast their votes. For, Gujarat Energy Limited Sandeep Dave Company Secretary Date: 29th September, 2026