Proceeding of 17th Annual General Meeting of the Company.

September 29, 2026 The Manager, Lis(cid:415)ng Department, BSE Limited P J Towers, 1st Floor, Dalal Street, Mumbai – 400001 Scrip Code: 543391 Dear Sir/Madam, Subject: Summary of Proceedings of the 17th (Seventeenth) Annual General Mee(cid:415)ng (“AGM”) of Suyog Gurbaxani Funicular Ropeways Limited (“the Company”) held on Tuesday, September 29, 2026. Pursuant to Regula(cid:415)on 30 read with Schedule III of the SEBI (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015 (“SEBI Lis(cid:415)ng Regula(cid:415)ons”), as amended, we are enclosing herewith the summary of proceedings of the 17th AGM of the Company held today i.e. Tuesday, September 29, 2026 at 11.30 A.M. (IST) through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”) in accordance with the applicable circular(s) issued by the Ministry of Corporate Affairs and Securi(cid:415)es and Exchange Board of India. The same may also be accessed on the website of the Company at www.sgfrl.com. Kindly take the same on record. Thanking You, Yours faithfully, For Suyog Gurbaxani Funicular Ropeways Limited Ameya Dhananjay Bodas Company Secretary & Compliance Officer M. No: A50027 Summary of the Proceedings of the 17th Annual General Mee(cid:415)ng (“AGM/Mee(cid:415)ng”) of Suyog Gurbaxani Funicular Ropeways Limited (“the Company”) The 17th AGM of the Members of the Company was held today i.e. Tuesday, September 29, 2026 at 11:30 A.M. (IST) through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”), in accordance with the circulars issued by the Ministry of Corporate Affairs (“MCA”) and the Securi(cid:415)es and Exchange Board of India (“SEBI”). Present through VC: Sr. Name Designa(cid:415)on A(cid:425)ended through No. VC/OAVM from 1. Rajkumar Gurbaxani Whole-Time Director Nagpur 2. Omprakash Gurbaxani Non-Execu(cid:415)ve Director Nagpur 3. Shivshankar Lature Non-Execu(cid:415)ve Director Latur 4. Aditya Gurbaxani Non-Execu(cid:415)ve Director Nagpur 5. Suyash Lature Non-Execu(cid:415)ve Director Mumbai 6. Nandan Kumar Basu Non-Execu(cid:415)ve Independent Director Mumbai 7. Manisha Shelar Non-Execu(cid:415)ve Independent Director Nashik 8. B. Padmanabhan Non-Execu(cid:415)ve Independent Director Pune In a(cid:425)endance: Sr. Name Designa(cid:415)on A(cid:425)ended through No. VC/OAVM from 1. Ms. Jagadamma Purusho(cid:425)am Chief Financial Officer (CFO) Nagpur Wandhare 2. Mr. Ameya Dhananjay Bodas Company Secretary & Mumbai Compliance Officer 3. M/s. Amruta Giradkar and Secretarial Auditors & Mumbai Associates, Company Secretaries Scru(cid:415)nizer Invitee Sr. Name Designa(cid:415)on A(cid:425)ended through No. VC/OAVM from 1. Ms. Aar(cid:415) Shukla Company Secretary & Mumbai Compliance Officer of Suyog Telema(cid:415)cs Limited Members: 10 Members a(cid:425)ended through VC. Mr. Rajkumar Gurbaxani, Whole-Time Director, chaired the Mee(cid:415)ng. The requisite quorum being present, the Mee(cid:415)ng was called to order extending a warm welcome to all the members present. The Chairman requested the Directors present at the mee(cid:415)ng to introduce themselves and granted leave of absence to Mr. Hrishikesh Marathe, Independent Director of the company, who was unable to a(cid:425)end the mee(cid:415)ng owing to preoccupa(cid:415)on. Since there was no physical a(cid:425)endance of members and in compliance with the Circulars issued by the MCA and SEBI, members were informed that the requirement of appoin(cid:415)ng proxies was not applicable. Documents and other statutory registers were available for inspec(cid:415)on upon receipt of request by members. The Chairman addressed the members and apprised them about the working of the Company and general economic condi(cid:415)ons. The Chairman informed the members that the No(cid:415)ce convening the 17th AGM was taken as read as the same had already been circulated to the members. As there were no qualifica(cid:415)ons in the Audit Report, it was also taken as read. Therea(cid:332)er, the Company Secretary informed the members that pursuant to the provisions of the Companies Act, 2013, Rules framed thereunder, the SEBI Lis(cid:415)ng Regula(cid:415)ons and Secretarial Standard on General Mee(cid:415)ngs, the Company had provided remote e-vo(cid:415)ng facility from Thursday, September 24, 2026 at 9.00 A.M. (IST) to Monday, September 28, 2026 at 5.00 P.M. (IST) to all the Members of the Company, who were holding shares as on the cut-off date i.e. Tuesday, September 22, 2026. He also informed that the facility of e-vo(cid:415)ng at the AGM was also made available for those members who par(cid:415)cipated in the AGM through VC / OAVM and who had not cast their vote(s) through remote e-vo(cid:415)ng. The members were briefed about the procedure of e-vo(cid:415)ng in the AGM. The following items as stated in the No(cid:415)ce of 17th AGM were transacted through remote e-vo(cid:415)ng / e-vo(cid:415)ng at the mee(cid:415)ng: Resolu(cid:415)on Par(cid:415)culars Type of Type of no. Business Resolu(cid:415)on 1. To receive, consider and adopt the Audited Financial Ordinary Ordinary Statements (Standalone and Consolidated) of the Business Resolu(cid:415)on Company for the financial year ended March 31, 2026, together with the reports of the Board of Directors and Auditors thereon. 2. To re-appoint Mr. Suyash Shivshankar Lature (DIN: Ordinary Ordinary 09423584), as a Director, who is liable to re(cid:415)re by rota(cid:415)on Business Resolu(cid:415)on and being eligible, offers himself for re-appointment. 3. To re-appoint Mr. Aditya Rajkumar Gurbaxani (DIN: Ordinary Ordinary 06731918), as a Director, who is liable to re(cid:415)re by rota(cid:415)on Business Resolu(cid:415)on and being eligible, offers himself for re-appointment. 4. To declare Dividend of Re. 0.50 (Rupee Fi(cid:332)y paise only) per Ordinary Ordinary Equity Shares for the financial year ended March 31, 2026. Business Resolu(cid:415)on 5. Appointment of Mr. B. Padmanabhan (DIN: 01987724) as Special Special an Independent Director Business Resolu(cid:415)on The Members were informed that the e-vo(cid:415)ng results along with the consolidated Scru(cid:415)nizer’s Report shall be placed on the website of the Stock Exchange i.e. BSE Limited at www.bseindia.com and would also be placed on the website of the Company i.e. www.sgfrl.com and website of NSDL i.e. www.evo(cid:415)ng.nsdl.com within 2 (two) working days of the conclusion of the mee(cid:415)ng. Members present at the AGM were given an opportunity to express their views and seek informa(cid:415)on about the Company. The Chairman appropriately responded to the informa(cid:415)on sought by the members. There being no other business, the Chairman thanked all the members for their con(cid:415)nued support and sparing their valuable (cid:415)me for a(cid:425)ending and par(cid:415)cipa(cid:415)ng in the AGM. The e-vo(cid:415)ng facility was kept open for the next 15 minutes to enable the members who had not cast their votes earlier, to cast their vote. The Company Secretary then announced the formal closure of the 17th AGM of the Company, which concluded at 12:13 P.M. (IST) (including 15 minutes of e-vo(cid:415)ng). For Suyog Gurbaxani Funicular Ropeways Limited Ameya Dhananjay Bodas Company Secretary & Compliance Officer M. No: A50027