Speech of 32nd Annual General Meeting

September 30, 2026 BSE Limited Bombay Stock Exchange, P. J. Towers, Dalal Street, Mumbai - 400001 Dear Sir/Madam, Sub: Speech of the 32nd Annual General Meeting (‘AGM’) Ref: Scrip Code: 531163 Please find enclosed the Speech of the 32nd Annual General Meeting of the Company held on September 30, 2026. This will also be hosted on the Company’s website, at https://kp-group.in/kemistar/ This is for your information and records. Kindly take this information on record. For, KEMISTAR CORPORATION LIMITED Aesha Mashru Company Secretary Website: www.kp-group.in/kemistar/ Kemistar Corporation Limited Speech of 32nd Annual General Meeting of Shareholders Day : Wednesday Date: 30th September, 2026 Time: 12:30 P.M Venue: Registered Office- 604, Manas Complex, Near Jodhpur Cross Road, satellite, Ahmedabad-380015. DIRECTORS IN ATTENDANCE Ketankumar Patel, Managing Director, Chairman Hrishikesh Rakholia, Non Executive Director Nisha Mathew, Maheshkumar Baldha, Independent Director Falguni Patel, Independent Director Aesha Mashru, Company Secretary OTHER REPRESENTATIVES Nitesh Nanavati- Statutory Auditor Toshi Jain Authorized Person of Rohit Periwal- Practicing Company Secretary Welcome address -Aesha Mashru I welcome the members to the 32nd Annual General Meeting. Hope all of you are safe and in good health. This meeting is being held at the registered office of the Company. We have the requisite quorum present The quorum being present, I call this meeting to order. Before we start the main proceedings of the meeting. Company Secretary Members who have not cast their votes electronically, and who are participating in this meeting, will have an opportunity to cast their votes during the meeting through the ballot paper. Now I request Mr. Ketan Patel, Chairman and Managing Director to deliver the chairman Speech. Chairman’s speech- Mr. Ketan Patel Dear shareholders, welcome to the 32nd Annual General Meeting of Kemistar Corporation Limited. On behalf of the Board of Directors, I appreciate your support for the Company and thank you for taking the time to join us today. Your Company’s remarkable journey started in the year 1994 and in a decade, upgraded the business with the manufacture of Specialty Chemicals, Agro Chemicals and other products. The manufacturing plant of the Company is situated at GIDC, Dahej and Ahmedabad alongwith one distribution business in wholly owned subsidiary K.P International Private Limited, The dahej Manufacturing plant has been started in the year 2020-21. Your company has built strong domestic and international client network and posses a good position as a key player in the industry. Following is the unitwise products & its progress. Dahej unit: intermediates, inorganic chemicals, solar panel recycling, metal recycling, e –waste. capacity expanded in the year 2025-26 Ahmedabad unit: agro chemical input, pigments, pesticides etc. capacity expanded in the year 2025-26 Company is exporting its products to various countries and aimed to grow further. In terms of our overall financial performance in Indian rupees, our revenue, our operating profit ,net profit, our basic earnings per share On all of the parameters, there was steady growth, For year 2025-26 the Board has recommended final dividend of Rs. 0.20 per share, the Company expects to progressively increase its annual dividend per share. Website: www.kp-group.in/kemistar/ As your Company has announced recycling business in last year, the Company has already set up the recycling plant of 27000 MT/annum capacity in the first phase ,Company has received consent to operate from Gujarat Pollution Control Board. Your Company is doing the business of E-waste, Li-ion Batteries recycling, Solar Panel Recycling and Metal Recycling. Your Company has tied up with many companies such as Reliance Industries Limited, Solex Energy Limited and Electricity Board, various other govt dept, corporates etc. company is progressively increasing its network with many solar Module manufacturer, Electronic Goods Manufacturer, Battery Manufacturer and Various Import sources also. Your Company is aiming to put its vision for 2030 as under Your Company will expand its present capacity in multifold by setting of in various Location in Domestic and overseas. Your Company will develop as well as buy new technologies of recycling processes. Your Company is ready to set up exclusive processing facility for large scale in case of requirement. Your Company is aiming to target critical and rare earth minerals & metals through recycling which is very high in demand in near future. Your Company is targeting Copper and Potash as one of the important material in future time. We are happy to announce that your company has started to recover this material through recycling. Your company will expand its network by way of Joint Venture with other Companies who want to set up recycling facilities with Knowhow and technology transfer. To Fulfill above targets we will present to the Board with a clear investment plan and Expected pay back profiles for scaling recycling lines. I am confident that these investments will be accretive-not only to future revenue but also to managing stability by reducing exposure to imported raw material swings. On behalf of the Board, I want to thank all our employees, clients, co-founders and governments of the countries and states that we operate in, for their trust in us and their very generous support. And to all our shareholders, it's your encouragement, support that drives us to deliver our best every day. Aesha Mashru Hello, everyone. The statutory auditors, Nitesh Nanavati, and the Secretarial Auditor, Rohit Periwal have expressed unqualified opinion in the respective audit reports for the financial year 2025-26. There were no qualifications, observations or adverse comments on financial statements and matters which have any material bearing on the functioning of the Company. As the Notice is already circulated to all the members, I take the Notice convening the meeting as read. Before we proceed, I am pleased to bring to your notice that as required under the Companies Act, 2013, the Company has provided you the facility to cast your vote electronically on all resolutions set forth in the Notice. Members who have not cast their vote electronically, but are participating in this meeting, will have an opportunity to cast their votes through Ballot Paper. We now take up the resolutions as set forth in the Notice. We will open the floor for any questions by members after all the resolutions are tabled. Accordingly, I will now only read out the resolutions. Item no. 1 of the Notice – Adoption of the financial statements. The financial statements of the Company, Standalone and Consolidated financial statements for the financial year ending March 31, 2026, including the report of the Board of Directors and auditors, have already been provided to the members. Item no. 2 of the Notice – Declaration of dividend. To declare a final dividend of ₹0.20 per share for the financial year ending March 31, 2026. Item no. 3 of the Notice – Appointment of Hrishikesh Rakholia as a director liable to retire by rotation. The text of the resolutions is provided in the notice circulated to the members. If any member desires to ask any questions pertaining to any item on the Notice, he / she may do so now. Members are requested to keep their questions brief and specific. To avoid repetition, answers to all the questions will be provided towards the end. Members may also note that the Company reserves the right to limit the number of members asking questions, depending on the availability of time. The resolutions as set forth in the notice shall be deemed to be passed today, subject to the receipt of the requisite number of votes. Thank you for attending the meeting. I hereby declare the proceedings of Kemistar Corporation Limited's 32nd Annual General Meeting closed. Thank you very much. For, Kemistar Corporation Lim [Showing first 8,000 characters — download PDF for full document]