Proceedings of 40th Annual General Meeting of the Company held on September 30, 2026 through Video Conference (VC)/ Other Audio Visual Means (OAVM).

To, Date: 30.09.2026 Department of Corporate Services, BSE Limited P J Towers, Dalal Street, Mumbai 400 001 SCRIP CODE: 512361 ISIN: INE108G01010 Sub: Summary of Proceedings of the 40th Annual General Meeting of Cupid Breweries and Distilleries Limited (the “Company”) held on September 30, 2026 Dear Sir/Madam, We would like to inform you that the 40th Annual General Meeting of the Company was convened today i.e., on Wednesday, September 30, 2026, at 12:00 noon (IST) through Video Conferencing/Other Audio Visual Means in accordance with the relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. The business items outlined in the AGM Notice dated September 07, 2026, were duly transacted during the meeting. The proceedings of the AGM as required under Regulation 30 read with clause 13 of Schedule III, Part A, Para A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is enclosed herewith. The AGM concluded at 12:31 P.M. (IST). The Proceedings of this AGM will also be made available on the Company's website at www.cupidalcobev.com. We request you to kindly take the above information on record. Thanking you, Yours Faithfully, For Cupid Breweries and Distilleries Limited (Formerly known as Cupid Trades and Finance Limited) Sachin Rawat CFO and Company Secretary Encl: a/a SUMMARY OF THE PROCEEDINGS OF THE 40TH ANNUAL GENERAL MEETING HELD ON SEPTEMBER 30, 2026 The 40th Annual General Meeting (“AGM”) of the shareholders of Cupid Breweries and Distilleries Limited (“the Company”) was held through Video Conferencing (“VC”) and Other Audio Visual Means (“OAVM”) on Wednesday, September 30, 2026, at 12:00 noon (IST) and concluded at 12:31 P.M. (IST) as per the Circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India. Mr. Erramilli Venkatachalam Prasad, Chairman cum Managing Director of the Company, presided over the meeting. He authorized Mr. Sachin Rawat, Chief Financial Officer and Company Secretary, to conduct the proceedings of the meeting on his behalf. The Chairman confirmed that the requisite quorum was present and accordingly called the meeting to order. DIRECTORS PRESENT: Name Designation Location Mr. Erramilli Prasad Venkatachalam Chairman cum Managing Germany Director (Through VC) Mr. Sri Venkata Rajeswara Rao Non-Executive Director Hyderabad Samavedam (Through VC) Dr. Lily Bhagvandas Rodrigues Non-Executive Director Germany (Through VC) Mr. Erramilli Rishab Non-Executive Director Germany (Through VC) Mr. Ninad Dhuri Independent Director Mumbai (Through VC) Mr. M. Soundara Pandian Independent Director Coimbatore (Through VC) Mr. Meharbaba Prasad Kalidasu Independent Director Hyderabad (Through VC) IN ATTENDANCE: Sr. No Name Designation 1. Mr. Sachin Rawat : CFO & Company Secretary 2. Ms. Neha Poddar: Secretarial Auditor and Scrutinizer 3. Mr. Mohan Rao Madasu : Representative of M M R S & Co., (Statutory Auditor) Mr. Harish Devadiga : R e p r e s e n t ative of Satellite Corporate Services Private Limited (RTA) With the consent of the Members, the Notice convening the 40th AGM, the Board’s Report with annexures including Corporate Governance Report, the Auditors’ Report and the Secretarial Audit Report were taken as read, as the same had already been circulated to the Members. The qualifications mentioned in the Secretarial Audit Report were read out at the meeting, and the Members were informed that the management’s responses thereto had been provided in the Board’s Report. Thereafter, the Chairperson delivered his speech and apprised the Members of the Company’s business progress and future plans. During his address, the Chairperson, inter alia, highlighted the following key aspects: 1. Funding by Promoters and Directors: The Promoters and Directors have, from time to time, infused their own funds into the Company to support its requirements and business initiatives. The Chairperson highlighted that, till date, the Company has not raised any external funds through any formal fund-raising exercise. 2. Commencement of Operations: The Company is now progressing towards the next phase of commencing its commercial operations. The Company has developed a strong business platform and has undertaken substantial groundwork required for commencement of operations. The Company has developed its own brands and product recipes and is now progressing towards the manufacture and sale of its own branded products in the market. The Company will undertake the manufacture, marketing and sale of its products in accordance with the applicable regulatory requirements, including the requirements of the Food Safety and Standards Authority of India (FSSAI), wherever applicable, with the objective of commencing sales and generating revenue from its operations. 3. Future Fund Raising: The Chairperson informed the Members that, at an appropriate time and based on the requirements of the business, the Company may consider raising funds through any permissible mode in accordance with applicable laws and regulatory requirements. A preferential allotment may be considered as one of the possible modes of fund raising. The Chairperson further stated that, if the Company undertakes such fund raising, it may consider participation from eligible investors in accordance with the applicable regulatory framework and the terms of the proposed issue. Any interest expressed by the existing shareholders in participating in such fund raising may also be considered by the Company, subject to applicable laws, regulatory requirements and the terms and conditions of the proposed issue. The Company Secretary further informed that remote e-voting facility had been provided to the Members through the NSDL system from September 27, 2026 (9:00 a.m.) to September 29, 2026 (5:00 p.m.). Members who had not cast their votes earlier were given the opportunity to vote electronically during the AGM and up to 30 minutes after its conclusion. Ms. Neha Poddar, Practicing Company Secretary, was appointed as Scrutinizer to oversee the voting process. Thereafter, the following items of business as stated in the Notice of AGM were taken up for consideration: Item Details of Agenda Resolution No: Required 1. Adoption of financial statements for the financial year ended Ordinary March 31, 2026 2. Re-appointment of Mr. Erramilli Rishab (DIN: 10688381) as a Ordinary director, liable to retire by rotation, who has offered himself for re- appointment 3. To appoint Ms. Neha Poddar practising company secretary as a Ordinary secretarial auditor of a company for the term of 5 years 4. To appoint M/S. MMRS & co., chartered accountants, (firm Ordinary registration no: 013830s) as statutory auditors for a period of five years 5. To re-appoint Mr. Ninad Maruti Dhuri (din: 09216629) as an Special independent director 6. To approve appointment of Mr. M. Soundara Pandian (DIN: Special 07566951) as an independent director 7. To approve appointment of Mr. Meharbaba Prasad Kalidasu Special (DIN: 11069073) as an independent director Thereafter, Mr. Sachin Rawat, Company Secretary, invited the Members who had registered themselves as speakers to raise their questions and share their views, if any. The questions and queries raised by the Members were duly noted. Subsequently, Mr. SSV Rajeswara Rao, Finance Director, and Mr. Erramilli Venkatachalam Prasad, Chairman, addressed the Members and responded to the finance-related and business-related questions, respectively, as appropriate. The questions and queries raised by the Members were accordingly addressed during the Meeting. As there were no further items of business transactions to be discussed, the Chairman thanked the Members for their participation and declared the meeting as concluded. Mr. Sachin Rawat, informed that the e-voting facility was kept open for 30 minutes after the conclusion of AGM to enable the Members to cast their vote. He also thanked the Chairma [Showing first 8,000 characters — download PDF for full document]