Chairman Speech

Date: September 30, 2026 The Manager Corporate Relationship Department, BSE Limited, P.J. Towers, Dalal Street, Mumbai – 400 001. Scrip Code: 538987 Sub.: Chairman’s Speech at the 40th Annual General Meeting of Talbros Engineering Limited Dear Sir/Madam, This is further to our letter dated August 13, 2026, wherein the Company has informed that the 40th Annual General Meeting of the Company is scheduled to be held on Wednesday, September 30, 2026. A copy of Chairman’s speech as delivered by Mr. Sarabjeet Singh, Chairman of the Annual General Meeting at the 40th Annual General Meeting of the Company held today is enclosed herewith. We request you to take the same on record. Thanking You. Yours Faithfully, For Talbros Engineering Limited Kajal Gupta Company Secretary and Compliance Officer M. No. A52114 Encl.: as above CHAIRMAN’S SPEECH Good Morning Ladies and Gentlemen! Thankyou for taking the time to join us today. On behalf of the Board of Directors and Management, I welcome you all to the 40th Annual General Meeting of Talbros Engineering Limited. We are conducting this meeting virtually in adherence with the applicable laws and regulations. The Financial Year 2025-26 has been a year of resilience, operational focus and continued progress for our company. It gives me immense proud and pleasure to say that today Talbros Engineering Limited is one of the India’s largest company with an installed capacity of 4 million axles shafts per annum servicing OEM’s across the globe. Despite dynamic global business environment and evolving industry challenges, our Company has remained steadfast in its commitment to engineering excellence, operational efficiency, and customer satisfaction. Our company is built on strong foundations of quality, innovation and trust. Through relentless innovation, strategic capacity enhancements, and capitalizing on emerging high-growth opportunities, we have established businesses of global scale. The organization’s current foot print is spread across 20 acres of land encompassing 7 plants in the Faridabad NCR Area. Also, the Company has recently acquired a building in Madhya Pradesh and is in process of setting up a manufacturing unit there. As we look ahead, we remain committed to leading with the purpose and growing responsibly. We are excited about the opportunities that lie ahead and are confident in our ability to navigate any challenges that come our way. During the year, we continued to focus on enhancing our manufacturing capabilities, improving productivity, strengthening process control and adopting modern technologies. Let me now brief you about Company’s Financial Performance for the Financial Year 2025-26: During the Financial Year 2025-26, your company delivered a robust financial performance. Your company earned revenue from operation of Rs. 536 crores, reflecting a growth of around 20.18 % compared to Rs. 446 crores in the previous financial year. The net profit after tax for this year is Rs. 29.16 crores as compared to Rs. 20.17 crores for the previous financial year, demonstrating operational efficiency, disciplined cost control and financing outcomes. Your company achieved an exports turnover (on FOB Basis) of Rs. 141 crores as compared to Rs. 73 crores in previous financial year. Your Company has been steady in its dividend payout to reward its shareholders while maintaining growth in its business. This reflects your Company’s unwavering commitment to shareholder value creation on sustained basis. Sustainability and Responsible Growth: As we look towards future, responsible and sustainable growth will remain an integral part of our strategy. We are conscious of our responsibilities towards the environment, our employees, customers, communities and other stakeholders. We remain committed to contributing to the well-being of communities through impactful and sustainable CSR initiatives which includes:  Education: Sponsoring School Fees, Uniforms and Study Material for underprivileged students  Healthcare: Organising health checkup camps in rural areas and improving health care with the help of modern medical equipment.  Eradicating Hunger: Distribution of food and clothes to the needed people  Animal Welfare – Contribution to the Non-Profit Organisations engaged in animal welfare Our People- Our greatest Strength: While technology and infrastructure are important, our greatest strength remains our people. The theme “Empowering People and Enabling Success” reflects our belief that sustainable growth is possible only when our employees are equipped with the right skills, opportunities, resources and a culture that encourages ownership and innovation. We believe that investing in our people is an investment for the future. We continue to foster a culture that empowers our people to grow – both professionally and personally, alongside the business. Looking Ahead: We remain optimistic about the opportunities emerging from the global automotive transformation, increasing localization, evolving mobility solutions, automation and higher expectations for quality and efficiency and the growing demand for high-quality engineering solutions. We will continue to focus on innovation, sustainability, operational excellence, and responsible growth while creating long-term value for all our stakeholders. Dear Shareholder, Now, I would like to express my sincere gratitude to you all for your continued trust and confidence in Talbros Engineering Limited. Your supports remains the foundation of our journey and success. I also thank our customers, suppliers, bankers, business partners and all other stakeholders for their valuable support. Finally, I convey my appreciation to our Board of Directors, the management team and every employee of the company for their commitment, dedication and contribution during the year. Together, we will continue to build a stronger and future ready Talbros Engineering Limited, creating lasting value for all our stakeholders. Thank You! Sarabjeet Singh Chairman