Proceeding of 34th AGM held on 30th September, 2026

To, Date: 30th September, 2026 Department of Corporate Services Bombay Stock Exchange Limited P.J. Towers, Dalal Street, Mumbai-400001. Dear Sir/Madam, Sub: Proceedings of 34th Annual General Meeting held on 30th September, 2026. With respect to above captioned subject and in compliance with Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 we are enclosing herewith proceedings of 34th Annual General Meeting of the Members on Wednesday 30th September, 2026 at 11:00 a.m. through Video Conferencing ("VC")/ Other Audio-Visual Means ("OAVM"). Kindly take the same in your records. Thanking you, Yours faithfully, FOR, KANEL INDUSTRIES LIMITED HARSHIT KACHCHHI DIRECTOR DIN: 08019394 Encl: As above KANEL INDUSTRIES LTD. Regd. Office: 1503, West Port, Sindhu Bhavan Road, Near S.P. Ring Road, Ahmedabad: 380059, Gujarat. CIN: L43299GJ1992PLC017024 | Phone: +91-6354437779 | Email: ardent.ind99@gmail.com Proceedings of 34th Annual General Meeting With reference to Regulation 30(6) read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, following is the brief proceeding of the 34th Annual General Meeting of the Members of KANEL INDUSTRIES LIMITED will be held on Wednesday 30th September, 2026 at 11:00 a.m. through Video Conferencing ("VC")/ Other Audio-Visual Means ("OAVM"): Mr. Keyoor Bakshi, Director of the company welcomed the Shareholders, who were participating in the Meeting through VC. Since the Quorum of the Meeting was present Chairman, Shri Keyoor Bakshi, chaired the Meeting through VC. All the Directors, Secretarial Auditor and Company Secretary and Chief financial Officer of the company joined the meeting. Mr. Keyoor Bakshi Director of the company addressed the Members of the Company and informed that Members attending the AGM, through VC, who have not cast their votes by Remote E-Voting, can cast their vote through E-Voting during the AGM and the E-Voting shall remain open for 15 (Fifteen) minutes from conclusion of the AGM, so that the Members can cast their vote. The Members were further informed that Shri Malay Desai, Proprietor of M/s. Malay Desai & Associates, was appointed as Scrutinizer for the purpose of scrutinizing the E-Voting process in a fair and transparent manner at the AGM. As the Meeting was convened through VC, so the following Resolutions had already been put to vote through Remote E-Voting thus the requirement to propose and second was not applicable. 1) MEMBERS BY AN ORDINARY RESOLUTION HAVE APPROVED AND ADOPT THE AUDITED STATEMENT OF ACCOUNTS I.E. THE AUDITED BALANCE SHEET AS AT 31ST MARCH, 2026, THE PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED ON THAT DATE, THE REPORT OF THE AUDITORS AND DIRECTORS THEREON. 2) TO REGULARIZE APPOINTMENT MS. POOJA KHAKHI (DIN: 07522176) AS INDEPENDENT NON EXECUTIVE DIRECTOR OF THE COMPANY. FOR, KANEL INDUSTRIES LIMITED HARSHIT KACHCHHI DIRECTOR DIN: 08019394 KANEL INDUSTRIES LTD. Regd. Office: 1503, West Port, Sindhu Bhavan Road, Near S.P. Ring Road, Ahmedabad: 380059, Gujarat. CIN: L43299GJ1992PLC017024 | Phone: +91-6354437779 | Email: ardent.ind99@gmail.com