Enclosed proceedings of 41st Annual General Meeting of the company.

y/ Registered Office: 365, Vardhman Plaza, III Floor, Sector-3, Rohini, New Delhi-110085 « \\ CIN: L51221DL1985PLC022433 A) N E-mail Id: sonalmercantile@yahoo.in Website: www.sonalmercantile.in Contact No.: 011-49091417 MERCANTILE LIMITED Date: September 30, 2026 The Listing Department BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001 BSE Scrip Code — 538943 Dear Sir/Madam, Sub.: Proceedings of 41° Annual General Meeting (“AGM”) and reporting under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the ‘Listing Regulations’) We hereby inform you that the 41° AGM of the Company was held on Wednesday, September 30, 2026 at 11.00 AM (IST) and concluded at 11.19 AM (IST) through Video Conferencing (“VC”)/Other Audio Visual Means (““OAVM”). The Company Secretary of the Company welcomed all the Members present at the meeting and introduced Board of Directors. It was noted that the Chairman of the Audit Committee, the Nomination and Remuneration Committee and the Investor Grievance cum Stakeholders’ Relationship Committee along with Directors/KMP were present at the Meeting. The Secretarial Auditor & Scrutinizer, Statutory Auditor/authorized representative, if any were also present at the Meeting. The Company Secretary informed that the AGM was conducted through VC/OAVM in compliance with the circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India. The requisite quorum being present, the Company Secretary called the Meeting to order. The Chairman apprised the Members on the performance of the Company for the financial year 2025- 2026. Thereafter, the agenda of notice of the 41°* AGM and Summarized Board Report has been read in the Annual General Meeting which were already circulated to the Members. , y/ Registered Office: 365, Vardhman Plaza, III Floor, Sector-3, Rohini, New Delhi-110085 CIN: L51221DL1985PLC022433 a) \ E-mail Id: sonalmercantile@yahoo.in Website: www.sonalmercantile.in MERCANTILE LIMITED Contact No.: 011-49091417 Following items were transacted at the AGM: Sr. ; Type of No. a Resolution ORDINARY BUSINESS 1. |Adoption of the Audited Financial Statements (Standalone and Ordinary Consolidated), Board’s Report and Auditors’ Reports for the financial] Resolution lyear ended March 31, 2026. 2. |Re-appointment of Mr. Rajan Goyal ( DIN: 02600825), who retires by; Ordinary rotation. Resolution SPECIAL B USINESS 3. |Pursuant to the provisions of Regulat ions 23 (3) & (4) and other! Ordinary applicable Regulations, if any, of the Securities and Exchange Board of Resolution India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), as amended from time to time, and other applicable provisions of the Companies Act, 2013 (‘Act’) read with the Rules framed thereunder [including any statutory modification(s) or re-enactment(s) thereof for the time being in force] and other applicable laws / statutory provisions, if any, as may be required and based on the recommendation of the Audit Committee, consent of the Members of the ‘Company be and is hereby accorded to the Board of Directors of the Company (hereinafter referred to as the ‘Board’, which term shall be deemed to include the Audit Committee to the omnibus approval of Material Related Party Transaction(s) / Contract(s) / Arrangement(s) / Agreement(s) entered into / proposed to be entered into (whether by way of an individual transaction or transactions taken together or a series of transactions or otherwise), between the Company and Rudraveerya Developers Ltd an associate Company on such terms and conditions as may be mutually agreed provided that the aggregate amount outstanding at any point of time shall not exceed Rs. 250 crore, for the period from the date of 41st Annual General Meeting upto the date of 42nd Annual General Meeting (hereinafter referred to as ‘RPT period”) (both days inclusive). / Registered Office: 365, Vardhman Plaza, III Floor, Sector-3, Rohini, New Delhi-110085 CIN: L51221DL1985PLC022433 a) \ E-mail Id: sonalmercantile@yahoo.in Website: www.sonalmercantile.in MERC ANTILE LIMITED Contact No.: 011-49091417 Then, Members being invited to ask their queries, give suggestions and seek clarifications, if any during the Annual General Meeting of the Company. The Notice of the 41°* Annual General Meeting and the Annual Report of the Company for the Financial Year 2025-2026, containing the Directors’ Report, Auditors’ Report, Audited Financial Statements, Secretarial Audit Report and other related documents for the Financial Year ended March 31, 2026, were sent only through electronic mode, within the statutory period, to those Shareholders whose email addresses are registered with the Company or with any Depository or RTA of the Company. The shareholders were informed further that the Company had dispatched letters, to those Shareholders whose e-mail addresses are not registered with the Company or with any Depository or RTA of the Company, providing the web-link where the Annual Report of the Company, for the Financial Year 2025-2026 and the Notice of the 41‘t Annual General Meeting, can be accessed on the Company’s Website. Subsequently, the Company Secretary informed that the Company had provided the Members the facility to cast their votes by remote e- voting and e-voting at the Meeting, on all the resolutions set forth in the Notice. Also, e-voting system was made available during the AGM for the Members who had not exercised their votes earlier through remote e-voting. The Company Secretary informed that Mr. Nitin Gupta of M/s Nitin Gupta & Associates, Practicing Company Secretaries, was appointed as the Scrutinizer to supervise the remote e- voting and e-voting at the AGM. Further, Members were informed that the facility for e-voting would remain open for 15 minutes post conclusion of the AGM who had not exercised their votes through the remote e-voting to cast their votes through e-voting facility available at the AGM. It was informed that the combined voting results (remote e-voting and e-voting) along with the Scrutinizer’s Report would be announced within 48 hours of the conclusion of the AGM. The Company Secretary thanked the Members for attending the AGM and declared the Meeting to be concluded. SONAL Registered Office: 365, Vardhman Plaza, III Floor, Sector-3, Rohini, New Delhi-110085 CIN: L51221DL1985PLC022433 E-mail Id: sonalmercantile@yahoo.in Website: www.sonalmercantile.in MERCANTILE LIMITED Contact No.: 011-49091417 The above said information is being made available on the Company’s website at www.sonalmercantile.in Kindly take the same on your records. Thanking you, Company Secretary Place : New Delhi