Proceedings of the 23rd Annual General Meeting (AGM) of the Company

Date: September 29,2026 BSE Limited Department of Corporate Service Phiroze Jeejeebhoy Towers Dalal Street, Mumbai-400001 Scrip Code: 544510 ISIN: INE346R01013 Sub: Proceeding of 23rd Annual General Meeting (“AGM”) under Regulation 30 read with Part A of Schedule III, of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements Regulations 2015. Dear Sir/Madam, This is with reference to the Regulation 30 read with para, A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations 2015 and our intimation dated 7th September 2026, for convening of AGM of the Company today, i.e. on Tuesday, 29th September, 2026. 1. 23rd Annual General Meeting of the Shareholders of the Company was held on today Tuesday, 29th September, 2026 at 12:30 PM (IST) at Mayfair Hotels & Resorts Ltd, 8-B, Jayadev Vihar, Bhubaneswar, Odisha 751013. In accordance with the provisions of the Companies Act, 2013 and the applicable SEBI Listing Regulations, the Company had provided the facility of remote e-voting to the Members to enable them to cast their votes electronically on the resolutions proposed in the Notice of the 23rd AGM. The remote e-voting commenced on 25th September 2026 at 9:00 A.M. (IST) and ended on 28th September 2026 at 5:00 P.M. (IST). The Company also provided the facility for voting at the AGM to the Members who were present at the meeting and had not cast their votes through remote e-voting. 2. Summary of the proceeding of 23rd Annual General Meeting of the Company is enclosed herewith, as required under Regulation 30, Part-A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. – Annexure A. The Meeting commenced at 12:30 P.M. (IST) and concluded at 1.30 P.M. (IST). Thanking you, For Nilachal Carbo Metalicks Limited Bibhu Datta Panda Managing Director DIN: 01579026 Enclosed: as above Annexure A Proceeding of the 23rd Annual General Meeting of the Company pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing obligations and Disclosure requirements) Regulations, 2015. The 23rd Annual General Meeting ("AGM” or 'Meeting") of the Members of M/s Nilachal Carbo Metalicks Limited ("The Company") was held on Tuesday, 29th September, 2026 at 12:30 PM (IST) at Mayfair Hotels & Resorts Ltd, 8-B, Jayadev Vihar, Bhubaneswar, Odisha 751013.The meeting was held as per the guidelines issued by the Ministry of Corporate Affairs (MCA) and in compliance with the provisions of the Companies Act 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”). Mr. Paramjot Singh Virdi, Company Secretary & Compliance Officer, welcomed the Members to the AGM and briefed them on details relating to their participation at the Meeting. He further informed the Members that the Company, in accordance with the Companies Act, 2013 & SEBI Listing Regulations, had provided e voting facility to all the Members as on September 22nd, 2026 ("the Cut-off Date") to exercise their votes on the items of business given in the Notice through remote electronic voting system provided by the KFIN Technologies Limited. The remote e-voting period commenced on Friday, 25th September, 2026 at 9:00 am (IST) and ends on Monday, 28th September, 2026 at 5:00 pm (IST). Bibhu Datta Panda, Managing Director, Chaired the AGM. The Chairman welcomed the Members to the AGM and on requisite quorum being present, called the AGM to order. The Directors present at the Meeting were: 1. Bibhu Datta Panda 2. Rishiraj Panda 3. Geeta Rani Panda 4. Jyotiranjan Rath 5. Ramesh Narayan Rao Deshpande Key Managerial Persons present at the Meeting were: 1. Asmi Amitav Pattanaik, CFO. 2. Paramjot Singh Virdi, CS and Compliance Officer. Representative of Statutory Auditor of the Company, Secretarial Auditor and Scrutinizer were also present at the venue of AGM. As per the attendance records 6 Members were present at the Meeting. The Company Secretary informed the Members that, the requisite steps have been taken to enable Members to participate and vote on the business to be transacted at the AGM. With the consent of the Members present, the Notice convening the AGM and the Auditor's Report for the financial year ended March 31, 2026, were taken as read. The Board of Directors had appointed CS Jyotirmoy Mishra, Practicing Company Secretary as the scrutinizer to scrutinize the e-voting process during the AGM and through remote e-voting in a fair and transparent manner. In terms of the Notice dated September 7th, 2026, convening the 23rd AGM of the Company, the following business were transacted at the Meeting through remote e- voting prior to the meeting and voting during the Meeting: Resolution No.1 To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026 and the Reports of the Board of Directors and Auditors thereon, and in this regard, pass the resolution as an Ordinary Resolution Resolution No.2 To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026 and the Report of the Auditors thereon, and in this regard, pass the resolution as an Ordinary Resolution Resolution No.3 To appoint a director in place of Mrs. Geeta Rani Panda (DIN: 03283801), Non-executive Director, who retires from office by rotation and being eligible, has offered himself for re-appointment, to consider and if thought fit, to pass the resolution as an Ordinary Resolution Resolution No.4 To confirm the appointment of Mr. RAMESH NARAYAN RAO DESHPANDE (DIN- 11708751) as an Independent Director and in this regard, to consider and if thought fit, to pass the resolution as Special Resolution Resolution No.5 To consider and approve the revision in remuneration of Mr. Bibhu Datta Panda (DIN- 01579026), Managing Director of the company, To consider and if thought fit, to pass with or without modifications (s) the resolutions as a Special Resolution Resolution No.6 To consider and approve the revision in remuneration of the Mr. Rishiraj Panda (DIN- 08681002), Whole-time-director/Executive Director of the company, To consider and if thought fit, to pass with or without modifications (s) the resolutions as a Special Resolution. Resolution No.7 To obtain Approval to Advance any loan/give guarantee/provide security under section 185 of the Companies Act, 2013, To consider and if thought fit, to pass with or without modification(s), the Resolution as a Special Resolution Resolution No.8 Approval to Increase Limits to make Loan and Investment exceeding the Ceiling prescribed Under Section 186 of the Companies Act, 2013, To consider and if thought fit, to pass with or without modification(s), the Resolution as a Special Resolution Resolution No.9 To approve borrowing of funds from the banks and financial institutions to an aggregate sum of Rs. 75 crores (fund and non- fund based), To consider and if thought fit, to pass with or without modification(s), the Resolution as a Special Resolution Resolution No.10 To approve creation of charge on the properties of the Company, To consider and if thought fit, to pass with or without modification(s), the following Resolution as a Special Resolution Resolution No.11 To approve material related party transactions between the Company and Om Avi Carbon Resources Private Limited. To consider and if thought fit, to pass with or without modification(s), the following resolution as an Ordinary Resolution The Chairman then addressed the Members and provided an overview of the performance of the Company during the Financial Year and the initiatives undertaken by the Company. He also thanked the Members, Board of Directors and other stakeholders for their continued support. Members who attended the Meeting were given an opportunity to ask questions and seek clarification [Showing first 8,000 characters — download PDF for full document]