Proceedings of AGM

September 30, 2026 BSE Limited 25th Floor, P J Towers, Dalal Street, Fort, Mumbai - 400 001 Scrip Code: 526604 Dear Sirs, Sub.: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Proceedings of the 33rd Annual General Meeting of the Company Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) read with SEBI Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, we wish to inform that the 33rd Annual General Meeting (“AGM”) of the Company was held today i.e. Wednesday, September 30, 2026 commenced at 11:30 a.m. and concluded at 11:58 a.m. through Video Conferencing (VC) / Other Audio Video Means (OAVM) facility. Pursuant to the provisions of Regulation 30 of the SEBI Listing Regulations, the gist of the proceedings of the AGM, are enclosed as Annexure A. Details of voting results as required under Regulation 44 (3) of the SEBI Listing Regulations will be submitted separately. This is for your information and record. Yours faithfully, For Lippi Systems Limited Jagdish Dholu Managing Director DIN: 06683968 Encl.: As Above Regd. Office: B-21, Corporate House, opp. Pakwan II, S.G Highway, Bodakdev, Ahmedabad, Gujarat, India – 380054 | CIN: L22100GJ1993PLC020382 Email id: cs@lippisystems.com | Website : www.lippisystems.com Contact No. : +91 85113 35825 Annexure-A Gist of proceedings of the 33rd Annual General Meeting of Lippi Systems Limited A. Date, Time and Venue of the Annual General Meeting (Meeting): The 33rd Annual General Meeting of the Company was held on Wednesday, September 30, 2026 through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The Meeting commenced at 11:30 a.m. (IST) and concluded at 11:58 a.m. (IST). B. Proceedings in brief: Shri Vinesh Dholu, Executive Director, chaired the Meeting. The requisite quorum being present, the Chairman called the Meeting to order. The Chairman informed that the Meeting was held through VC / OAVM in compliance with the circulars issued by the Ministry of Corporate Affairs, Government of India, applicable provisions of the Companies Act, 2013 and Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Company had also provided live webcast of the proceedings of the Meeting. The Chairman informed that remote e-voting commenced at 9:00 a.m. (IST) on Sunday, September 27, 2026 and concluded at 5:00 p.m. (IST) on Tuesday, September 29, 2026. The Chairman also informed that the members that Mrs. Rupal Patel, a Practicing Company Secretary, was appointed as the scrutinizer to scrutinize the voting through electronic means (i.e. remote e- voting and voting at the meeting by using electronic voting system). C. Resolutions contained in the Notice convening the 33rd Annual General Meeting: Ordinary Business 1. Consideration and Adoption of the Audited Financial Statement of the Company for the Financial Year ended March 31, 2026 and the Reports of the Board of Directors and Auditors thereon. (Ordinary Resolution) 2. Appointment of Mr. Shivji Dholu (DIN: 01941254), who retires by rotation as a Director of the Company. (Ordinary Resolution) Regd. Office: B-21, Corporate House, opp. Pakwan II, S.G Highway, Bodakdev, Ahmedabad, Gujarat, India – 380054 | CIN: L22100GJ1993PLC020382 Email id: cs@lippisystems.com | Website : www.lippisystems.com Contact No. : +91 85113 35825 3. Approval of appointment of M/s. B K Patel & Co., Chartered Accountants (FRN: 112647W) as Statutory Auditors of the Company (Ordinary Resolution) Special Business 4. Approval of appointment of M/s. B K Patel & Co., Chartered Accountants (FRN: 112647W) as Statutory Auditors of the Company to fill the casual vacancy caused due to Resignation of previous Statutory Auditors (Ordinary Resolution) 5. Appointment of Mrs. Rupal Patel, Practising Company Secretary (FCS No. 6275, CP No. 3803) as Secretarial Auditor of the Company. (Ordinary Resolution) 6. Regularization of Appointment of Mr. Vinesh Dholu (DIN: 02953383) as an Executive Director of the Company. (Special Resolution) 7. Regularization of Appointment of Mr. Jagdish Dholu (DIN: 06683968) as an Executive Director of the Company. (Special Resolution) 8. Appointment of Mr. Jagdish Dholu (DIN: 06683968) as Managing Director of the Company. (Special Resolution) 9. Regularization of appointment of Mr. Jaimish Patel (DIN: 09647742) as Non-Executive Independent Director of the Company (Special Resolution) 10. Regularization of appointment of Ms. Mansi Hardik Shah (DIN: 00031947) as Non-Executive Independent Director of the Company (Special Resolution) 11. Regularization of Appointment of Mr. Shivji Dholu (DIN: 01941254) as Non-Executive, Non- Independent Director of the Company. (Ordinary Resolution) 12. Change of the name of the Company from “Lippi Systems Limited” to “Nilkanth Resources Limited” Consequent Alteration of Memorandum and Articles of Association. (Special Resolution) Regd. Office: B-21, Corporate House, opp. Pakwan II, S.G Highway, Bodakdev, Ahmedabad, Gujarat, India – 380054 | CIN: L22100GJ1993PLC020382 Email id: cs@lippisystems.com | Website : www.lippisystems.com Contact No. : +91 85113 35825 13. Alteration of Main Objects Clause of Memorandum of Association (Special Resolution) 14. Adoption of Altered Memorandum of Association (Special Resolution) 15. Approval of Related Party Transactions under Section 188 of the Companies Act, 2013 and Regulation 23 of the SEBI Listing Regulations (Ordinary Resolution) 16. Approval of granting of loans, guarantees, securities and making of investments up to ₹100 Crores, under 186 of the Companies Act, 2013 (Special Resolution) 17. Approval of Limits for Borrowing Powers and Creation of Charges on the Company's Assets under Section 180 of the Companies Act, 2013 (Special Resolution) D. Voting by Members: The Company had provided remote e-voting facility to its members to cast votes electronically on all items of business set out in the Notice. Further, the facility to vote on resolutions through electronic voting system at the meeting was made available to the members who participated in the meeting and had not cast their votes through remote e-voting. E. Result of voting (remote e-voting and voting at the meeting through electronic voting system): The Chairman informed the members that the results of e-voting shall be disseminated to the stock exchange and also uploaded on the website of the Company and CDSL the authorized agency provided e-voting facility. Notes:  The Company will separately intimate the voting result (remote e-voting and voting at the meeting through electronic voting system) to the stock exchange and also upload on the website of the Company and CDSL, the authorized agency which provided e-voting facility.  This document does not constitute minutes of the proceedings of the Annual General Meeting of the Company. Regd. Office: B-21, Corporate House, opp. Pakwan II, S.G Highway, Bodakdev, Ahmedabad, Gujarat, India – 380054 | CIN: L22100GJ1993PLC020382 Email id: cs@lippisystems.com | Website : www.lippisystems.com Contact No. : +91 85113 35825 Details of the proceedings of the Meeting Name of the Company : Lippi Systems Limited Date of AGM : Wednesday, September 30, 2026 Total number of shareholders on record date 4971 (i.e. September 23, 2026 - cut-off date for voting purpose) No. of shareholders present in the meeting either in person or through proxy Promoters and Promoter group Not Applicable Public No. of shareholders attended the meeting through video conferencing Promoters and Promoter group 4 Public 29 Regd. Office: B-21, Corporate House, opp. Pakwan II, S.G Highway, Bodakdev, Ahmedabad, Gujarat, India – 380054 | CIN: L22100GJ1993PLC020382 Email id: cs@lippisystems.com | Website : www.lippisystems.com Contact No. : +91 85113 35825