We are enclosing herewith a summary of proceedings of the 43rd Annual General Meeting of the Company held on September 30, 2026 at 03:00 PM at the Registered office of the Company

VELOX SHIPPING AND LOGISTICS LIMITED (FORMERLY VELOX INDUSTRIES LIMITED) Regd. Office: 902 Filix Commercial Complex, opp Asian Paints L.B.S. Marg, Bhandup Mumbai 400078 Maharashtra, India Ph.: +91 2262536600, 9082267347 Email: veloxindustriesltd@gmail.com CIN: L52242MH1983PLC029364 Date: 30/09/2026 The Manager Listing Compliance Department, BSE Ltd. P J Towers, 25th Floor, Dalal Street, Mumbai - 400 001 BSE SCRIP CODE-506178 Dear Sir / Madam, Subject: Outcome/ proceedings of 43rd Annual General Meeting (AGM) held on September 30, 2026 Ref: Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 read with Schedule III Part A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we are enclosing herewith the gist of the Proceedings of the 43rd Annual General Meeting of the Company held on Wednesday, September 30, 2026 at 03:00 PM at the registered Office of the Company at 902 Filix Commercial Complex, Opp. Asian Paints, L.B.S. Marg, Bhandup, Mumbai - 400078 as Annexure A. The voting results under Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) would be submitted separately within the prescribed time. The same shall be available on website of the Company at http://veloxindustriesltd.in/. You are kindly requested to take the same on your record and acknowledge the receipt. Thanking you. Yours sincerely, FOR VELOX SHIPPING AND LOGISTICS LIMITED (Formerly Velox Industries Limited) SUSHIL SINDHKAR DIRECTOR DIN: 10191316 Place: Mumbai VELOX SHIPPING AND LOGISTICS LIMITED (FORMERLY VELOX INDUSTRIES LIMITED) Regd. Office: 902 Filix Commercial Complex, opp Asian Paints L.B.S. Marg, Bhandup Mumbai 400078 Maharashtra, India Ph.: +91 2262536600, 9082267347 Email: veloxindustriesltd@gmail.com CIN: L52242MH1983PLC029364 Annexure A The 43rd Annual General Meeting (“AGM”) was duly convened and held on Wednesday, September 30, 2026 at 03:00 PM at the registered Office of the Company at 902, Filix Commercial Complex, Opp. Asian Paints, L.B.S. Marg, Bhandup, Mumbai - 400078. Mr. Debashis Mukherjee took the chair and chaired the proceedings at the AGM. At 03:00 PM, the Chairman commenced the meeting by welcoming the Members to Annual General Meeting. The Chairman announced that the requisite quorum being present, the meeting was called to order. Mr. Debashis Mukherjee, Managing Director and Mr. Sushil Sindhkar, Mrs. Vani Alva, Directors of the Company, Mr. Aakash Mehta, Partner of Bilimoria Mehta & Co., Statutory Auditors and Mr. Sushil Talathi of M/s. Sushil Talathi & Associates, Company Secretaries, were also present at the AGM. Total 6 Members attended the AGM as per the records of the attendance. As the Notice dated September 07, 2026 convening the 43rd AGM was already circulated to the Members, the same was taken as read. The Chairman informed the Members that pursuant to the provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has provided e-Voting facilities to all its Members through CDSL in respect of each of the businesses contained in the Notice. The remote e-Voting commenced on Sunday, September 27, 2026 (10:00 A.M. IST) and concluded on Tuesday, September 29, 2026 (5:00 P.M. IST). The voting rights of the Members were reckoned based on the number of shares held by them as on the cut-off date i.e., Wednesday, September 23, 2026. The Chairman informed that the Statutory Auditors’ Report for the year ended March 31, 2026 contain following observations: Observation in Standalone Audit Report: “As per the proviso to Rule 3(1) of the Companies (Accounts) Rules, 2014, the requirement to maintain books of account using accounting software having an audit trail (edit log) feature, which records each and every change made in the books of account along with the date of such changes and ensures that the audit trail cannot be disabled, became applicable to the Company with effect from April 1, 2023. Based on the audit procedures performed and the information and explanations provided by the VELOX SHIPPING AND LOGISTICS LIMITED (FORMERLY VELOX INDUSTRIES LIMITED) Regd. Office: 902 Filix Commercial Complex, opp Asian Paints L.B.S. Marg, Bhandup Mumbai 400078 Maharashtra, India Ph.: +91 2262536600, 9082267347 Email: veloxindustriesltd@gmail.com CIN: L52242MH1983PLC029364 management, we observed that the audit trail (edit log) feature was enabled in the accounting software, to the extent applicable, with effect from January 07, 2026. Further, based on the procedures performed, we did not come across any instance indicating that the audit trail had been tampered with during the period for which the audit trail was maintained. However, the Company has not preserved the audit trail in accordance with the statutory requirements relating to retention of accounting records for the period prior to January 07, 2026. Accordingly, we are unable to comment on whether the audit trail for the period prior to January 7, 2026 was maintained and operated without alteration or tampering.” The Chairman briefed the members that the Company acknowledges that, although the audit trail feature was enabled in the accounting software with effect from January 07, 2026, the audit trail records for the period prior to January 07, 2026 were not preserved in accordance with the applicable statutory requirements relating to retention of accounting records. The Management has taken note of these observations and has stated that appropriate measures have been taken to strengthen the accounting systems and controls and to ensure proper maintenance and retention of audit trail records going forward. Observations in Consolidated Audit Report: 1. We did not audit the annual financial statements/ financial information/ financial results of its subsidiaries International Logistics Associates LLC included in the Statement, whose financial information reflects total assets of Rs.1249.12 Lakhs as at March 31,2026, total income of Rs.406.80 Lakhs total net loss after tax of Rs.69.78 Lakhs and cash flows (net) inflow of 28.07 Lakhs, for the year ended on that date, as considered in the Consolidated Financial Statements. These financial statements have been audited by other auditors whose reports have been furnished to us by the Management and our opinion on the consolidated financial statements, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries and our report in terms of sub section (3) of Section 143 of the Act, in so far as it relates to the aforesaid subsidiaries, is based solely on the reports of the other auditors. One of the subsidiaries is located outside India whose financial statements and other financial information have been prepared in accordance with accounting principles generally accepted in their respective countries and which have been audited by other auditors under generally accepted auditing standards applicable in their respective countries. The Holding Company’s management has converted the financial statements of such subsidiary located outside India from accounting principles generally accepted in their respective countries to accounting principles generally accepted in India. We have audited these conversion adjustments made by the Holding Company’s management. Our opinion in so far as it relates to the balances and affairs of such subsidiary VELOX SHIPPING AND LOGISTICS LIMITED (FORMERLY VELOX INDUSTRIES LIMITED) Regd. Office: 902 Filix Commercial Complex, opp Asian Paints L.B.S. Marg, Bhandup Mumbai 400078 Maharashtra, India Ph.: +91 2262536600, 9082267347 Email: veloxindustriesltd@gmail.com CIN: L52242MH1983PLC029364 located outside India is based on the report of other auditors and the conversion adjustments prepared by the management of the Holding Company and audited by us. The Chairman informed the members that the manage [Showing first 8,000 characters — download PDF for full document]