Proceedings of the 31st Annual General Meeting of the Company.

30th September, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001, Maharashtra, India Ref: Mehul Colours Limited (Script Code: 544472, Script Id: MEHUL) Sub: Proceedings of 31st Annual General Meeting of Mehul Colours Limited Dear Madam/ Sir, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the proceedings of 31st Annual General Meeting held on Wednesday, 30th September, 2026 at 12:30 p.m. IST through Video Conferencing (‘VC’) / Other Audio-Visual Means (‘OAVM’). Kindly refer to the Summary of the proceedings of the 31st AGM enclosed herewith. The details of voting results of E-voting by the Shareholders on all the resolutions as set out in the Notice of the 31st AGM shall be intimated in the prescribed format within the prescribed time limits under Regulation 44(3) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Request you to kindly take the same on your records. Thanking You, For Mehul Colours Limited Mehul Pravinchandra Joshi Managing Director DIN: 00178766 Summary of the Proceedings of the 31st Annual General Meeting A. Date, Time and venue of the Annual General meeting: The 31st Annual General Meeting (“AGM”) of Mehul Colours Limited was held on Wednesday, 30th September, 2026, through Video Conference (VC) /Other Audio Visual Means (OAVM) in accordance with the applicable provisions of Companies Act, 2013 read with the Rules made thereunder and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting commenced at 12.30 p.m. The deemed venue for the 31st AGM was the Registered office of the Company situated at Unit No - A 305,306, Kemp Plaza, Link Road, Chincholi Bunder Road, Mind space, Near Evershine Mall, Malad West, Liberty Garden, Mumbai -400064, Maharashtra, India B. Proceedings in brief: • Mr. Mehul Joshi, Chairman of the Company, chaired the proceedings of the Meeting. • The number of Shareholders as on 23rd September, 2026 (cut-off date for e-voting) were 352. • The details of number of Shareholders present in the meeting is as follows: Category Promoters & Public Total Promoter Group In Person Not applicable Not applicable Not applicable Through Proxy / Not applicable Not applicable Not applicable Authorized Representative Video Conference 3 5 8 • The requisite quorum being present through Video Conference, the Chairman called the meeting to order. • Mr. Mehul Joshi, Chairman and Managing Director, Mrs. Bhakti Joshi, Whole-time Director, Mrs. Jyoti Jain, Non-Executive Independent Director – Chairperson of the Audit Committee, Mrs. Khyati Gandhi, Non-Executive Independent Director, Mr. Hiral Joshi, Non-Executive Director, Mr. Tejas Joshi, Additional Director (Executive), Mrs. Rashmi Parab, CFO and Mrs. Shilpa Mehta, Company Secretary attended the meeting. All the Directors were present during the meeting. • CA Yatin Shah on behalf of Y M S & Co LLP, Statutory Auditors was also present during the meeting. • Mr. Roshan Harde, Proprietor of M/s. H Roshan & Associates, Secretarial Auditor and Scrutinizer, was also present during the meeting. • With the permission of Chair, CS Shilpa Mehta, Company Secretary and Compliance Officer (“Company Secretary”) informed that the Meeting was held through VC/ OAVM in compliance with the circulars issued by the Ministry of Corporate Affairs, Government of India and Securities and Exchange Board of India. The Company had made the arrangements through National Securities Depository Limited (NSDL) to provide facility for voting through remote evoting, e-voting during the AGM and participation in the AGM through VC / OAVM facility. • The Company Secretary informed the Shareholders that pursuant to the provisions of the Companies Act, 2013, the Rules framed thereunder and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company had provided the remote e-voting facility to the Shareholders of the Company in respect of the resolutions to be passed at the Meeting. The remote e-voting commenced at 9.00 a.m. on Saturday, September 26, 2026 to 5.00 p.m. on Tuesday, September 29, 2026 and the facility for voting through e-voting system was made available during the Meeting for Shareholders who had not cast their vote prior to the Meeting. • The Company Secretary informed the Shareholders that the Board of Directors of the Company had appointed, Mr. Roshan Harde, Proprietor of M/s. H Roshan & Associates, Practicing Company Secretaries (Membership No. F-14182, COP: 13138) as the Scrutinizer for scrutiny of the votes cast through the remote e-voting platform and through e-voting system of NSDL at the AGM. Thereafter, the Chairman addressed the Shareholders of the Company and delivered his speech and touched upon the performance of the Company during the financial year 2025-2026. Proceeding further, the Notice of the 31st AGM and the Report of the Statutory Auditor and Secretarial Auditor were taken as read with the permission of the Shareholders present as it did not contain any qualification, observation or adverse remarks. Thereafter, the 31st AGM proceeded with the further proceedings of the meeting, and there were no questions or comments from the shareholders. The following items of business as set out in the Notice convening the 31st Annual General Meeting were commended for Shareholders consideration and approval: SR. AGENDA ITEM RESOLUTION NO. TYPE Ordinary Business: 1. Adoption of the Audited Financial Statements of the Company for the Ordinary Resolution financial year ended 31st March, 2026 together with the Reports of the Board and Auditors thereon. 2. Re-appointment of Mrs. Bhakti Mehul Joshi (DIN: 02376755) as a Ordinary Resolution Director, liable to retire by rotation. Special Business: 3. Appointment of Mr. Tejas Harish Joshi (DIN: 11917872) as a Director Ordinary Resolution of the Company. The Company Secretary informed the Shareholders that the results of e-voting shall be disseminated on the website of BSE Limited and also shall be uploaded on the website of the Company within 2 (two) working days from the conclusion of the AGM. The Chairman expressed sincere gratitude to all the Shareholders, Directors and Invitees for their participation in the meeting. The meeting concluded at 12.56 p.m., which includes 15 minutes given for e-voting. This is for your information and records. For Mehul Colours Limited Mehul Pravinchandra Joshi Managing Director DIN: 00178766