PROCEEDINGS OF AGM

Date: 30.09.2026 General Manger Listing Department BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001 Scrip Code: 512493 Dear Sir/Madam, Sub: Summary of Proceedings of the 44th Annual General Meeting ("AGM") of the Company held on 30th September 2026. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the SEBI Regulations”) read with Part A of Schedule III to the SEBI Regulations, please find enclosed the summary of the proceedings of the 44th Annual General Meeting held on Wednesday, September 30, 2026 at 11:00 a.m. (IST) through Video Conferencing/Other Audio Visual Means. Kindly take the same on records. Thank you. Yours faithfully, Ramakant Gaggar Managing Director (DIN 01019838) PROCEEDINGS OF THE FORTY FORTH ANNUAL GENERAL MEETING OF GARNET INTERNATIONAL LIMITED HELD ON WEDNESDAY, 30TH SEPTEMBER, 2026 AT 11:00 A.M. THROUGH VIDEO CONFERENCING / OTHER AUDIO VIDEO MEANS (VC/OAVM). DIRECTORS/KMP PRESENT (through video conferencing/other audio-visual means): S. No. Name of Director/KMP Designation 1 Mr. Suresh Gaggar Chairman 2 Mr. Ramakant Gaggar M.D 3 Mr. Navratan Gaggar Director 4 Mrs. Sandhya Lotlikar Independent Director 5 Mr. Suresh Kumar Gaur Independent Director 6 Mr. Sunil G. Nair Company Secretary 7 Mr. Sanjay Raut CFO The 44th Annual General Meeting of the members of the Company was held on Wednesday, September 30, 2026 at 11.00 a.m. through Video Conferencing / Other Audio Video Means (VC/OAVM). The Company had provided the members, opportunity to exercise their vote on the resolutions contained in the Notice convening this Annual General Meeting, by means of remote e-voting and e-voting during the AGM. Mr. Mihir, moderator of the Meeting, briefly introduced the panel members and welcomed the shareholders. Mr. Suresh Gaggar chaired the meeting and, upon confirming the presence of the requisite quorum, declared the Meeting in order. All Directors were present at the meeting, except Mr. Vishnu Kant Bhangadia, Independent Director, who was granted leave of absence owing to his prior commitments. The Representatives of M/s Sarda Soni Associates LLP, Chartered Accountants, Statutory Auditors and Siddharth Sharma & Associates, Secretarial Auditors and Scrutinizers were also present at the Meeting through VC. The details of the number of Members present at the meeting were as follows: Category Promoter & Public Total Promoter Group Video Conference 5 24 29 As the meeting was conducted virtually where Members could join in person from all locations, the proxy facility was not necessitated and accordingly not provided. After ascertaining that the requisite quorum was present, the Chairman of the meeting declared that the meeting was duly constituted and commenced the proceedings of the meeting. With the consent of the Shareholders present at the meeting, the Notice convening the AGM and the Auditor's Report for the year ended 31st March, 2026 were taken as read. Then, Mr. Mihir, informed the members that pursuant to the provisions of Section 108 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 amended up to date and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, the Company had provided the remote e-voting and e- voting facility to the Members of the Company in respect of businesses to be transacted at the Annual General Meeting. The remote e-voting period commenced on 27th September, 2026 at 9.00 a.m. and ended on 29th September, 2026 at 5.00 p.m. Mr. Mihir further informed the members that the Company has also arranged for e-voting facility for the members during AGM to vote on the resolutions contained in the Notice convening this AGM pursuant to the Circulars issued by MCA and Securities and Exchange Board of India (“SEBI”). He further informed that Mr. Sidharth Sharma, Practicing Company Secretary (Membership No. FCS 7890) has been appointed as scrutinizer for the purpose. Mr. Mihir informed the Members about the business to be transacted at the meeting. As per Notice dated 14th August, 2026, convening the 44th AGM of the Company, the following businesses were transacted at the Meeting. Agenda Items Ordinary Business 1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2026, together with the Report of the Board of Directors and the Auditors thereon. 2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2026, together with the Report of the Auditors thereon. 3. To appoint a director in place of Mr. Ramakant Gaggar (DIN: 01019838), who retires by rotation and, being eligible, offers himself for re-appointment. All the agenda items are being taken as read. The Chairman then invited the Members to express their views, ask questions, and seek clarifications on the performance of the Company and the resolutions proposed. Although six (6) Members had registered themselves as speakers, none of them were present during the meeting. Accordingly, no queries or clarifications were raised by any Member. Results of AGM Later, Mr. Mihir, informed the Members that the results of voting shall be disseminated to the Stock Exchanges and also uploaded on the website of the Company within the stipulated time and on the website of MUFG. The Meeting was started at 11.00 am and concluded at 11:14 am. Manner of Approval Pursuant to the provisions of the Companies Act, 2013 and Regulation 44 of the Listing Regulations, the Company had provided remote e-voting facility to its members to cast votes electronically, on all the resolutions set out in the Notice. Further, the facility for e-voting facility was also made available to the Members who were present at AGM and had not cast their votes by remote e-voting. The electronic voting facility was kept open for the next 15 minutes to enable the members to cast their votes. You are requested to take the information on your records. Thanking you. For Garnet International Limited Ramakant Gaggar Managing Director (DIN 00599561) Date: 30.09.2026 Place: Mumbai