Shareholders meeting

Date: 30-09-2026 To, To The General Manager, National Stock Exchange of India Limited BSE Limited Listing Department, Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C/1, Dalal Street, G Block, Bandra-Kurla Complex, Mumbai- 400001 Bandra (E), Mumbai- 400051 Scrip Code 532788 SYMBOL: XLENERGY. Sub: Outcome and Proceedings of 39th Annual General Mee(cid:415)ng of the Company held on Wednesday, 30th September, 2026 at 04.00 P.M. through VC/OAVM. Dear Sir/Madam, The 39th Annual General Mee(cid:415)ng (“AGM”) of XL Energy Limited was held on 30th September, 2026 at 04.00 P.M. through VC/OAVM, to transact the business as stated in the No(cid:415)ce dated September 04, 2026 convening the 39th Annual General Mee(cid:415)ng. In this regard, please find enclosed Summary of the proceedings of the 39th AGM of the company as required under Regulation 30 read with Part A of Schedule III of Securities and Exchange Board of lndia (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations') The AGM concluded at 4:23 P.M. (lST). The e-voting facility remained open for a further period of 15 minutes thereafter to enable eligible Members who had not already cast their votes to vote electronically. This is for your information and records. Thanking You. FOR XL ENERGY LIMITED Naresh Jain Director (DIN: 00291963) XL ENERGY LIMITED CIN No: U31300TG1985PLC005844 Office 318, 3rd Floor, Mittal Chambers, 2-2-51, M.G. Road, Secunderabad, Hyderabad, Telangana, India, 500003, Tel – 040-27710751 Corp address: Office No.2, 1st Floor, 7 Homji Street, Rahimtoola House, Fort, Mumbai – 400 001. E-mail: xlenergy85@gmail.com Phone: +91 7666540600 SUMMARY OF PROCEEDINGS OF THE 39th ANNUAL GENERAL MEETING OF XL ENERGY LIMITED 1. Date and Time of the Mee(cid:415)ng: The 39th Annual General Mee(cid:415)ng (“AGM”) of the Members of AGM of XL Energy Limited (“the Company”) was held on Wednesday, 30th September, 2026 through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The said AGM commenced at 4.00 P.M. (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM). 2. Proceedings in brief:  In accordance with the Ar(cid:415)cles of Associa(cid:415)on, the Directors present elected Mr. Naresh Jain, Non-Execu(cid:415)ve Director as the Chairman of the Mee(cid:415)ng, who therea(cid:332)er took the Chair and conducted the proceedings.  43 (Forty-Three) Members a(cid:425)ended the AGM through VC/OAVM.  The requisite quorum was present throughout the Mee(cid:415)ng. The Chairperson called the Mee(cid:415)ng to order.  The Mee(cid:415)ng was a(cid:425)ended by: 1. Mr. Naresh Jain- Non-Execu(cid:415)ve Director 2. Ms. Karishma Jain- Execu(cid:415)ve director and CFO w.e.f 9th December, 2025 3. Mr. Suryakant Kadakane Maru(cid:415) - Non-Execu(cid:415)ve Independent Director 4. Mr. Pankaj Jain- Addi(cid:415)onal Non-Execu(cid:415)ve Independent Director 5. Mr. Harsh Jain- Manager (Key Managerial Personnel) 6. Mr. Vijay Lulla- Erstwhile Resolu(cid:415)on Professional/ Chairman of the Monitoring Commi(cid:425)ee. 7. Mr. P A Ramaiah (Partner)- Statutory Auditor- (M/s. Pavuluri & Co, Chartered Accountants) 8. Mr. Suprabhat Chakraborty, Prac(cid:415)sing Company Secretary- Secretarial Auditor (M/s Suprabhat & Co.) 9. M/s R Bhandari & Co., Prac(cid:415)sing Company Secretaries - Advisor/Consultant to the Company  The Chairman welcomed the Members and briefed them on the affairs of the Company, including the status of implementa(cid:415)on of the Resolu(cid:415)on Plan approved by the Hon’ble NCLT, the re-lis(cid:415)ng related proceedings and the consequen(cid:415)al corporate and regulatory ac(cid:415)ons.  The Chairman also apprised the Members of the ongoing statutory, corporate and regulatory processes arising out of implementa(cid:415)on of the Approved Resolu(cid:415)on Plan and the transi(cid:415)on in the governance framework of the Company. XL ENERGY LIMITED CIN No: U31300TG1985PLC005844 Office 318, 3rd Floor, Mittal Chambers, 2-2-51, M.G. Road, Secunderabad, Hyderabad, Telangana, India, 500003, Tel – 040-27710751 Corp address: Office No.2, 1st Floor, 7 Homji Street, Rahimtoola House, Fort, Mumbai – 400 001. E-mail: xlenergy85@gmail.com Phone: +91 7666540600  The Chairperson informed that the Mee(cid:415)ng is being held through Video Conferencing (VC) /Other Audio-Visual Means (OAVM) as per the provisions of the Companies Act, 2013 and circulars issued by the Ministry of Corporate Affairs and Securi(cid:415)es and Exchange Board of India.  The Chairman informed that the facility was given to all members to exercise their votes on the items of business given in the No(cid:415)ce through remote electronic vo(cid:415)ng system provided by RTA. Further, the facility for vo(cid:415)ng was made available during the AGM for Members who had not already cast their vote prior to the Mee(cid:415)ng.  The a(cid:425)en(cid:415)on of the Members was drawn to the qualifica(cid:415)ons/observa(cid:415)ons contained in the Statutory Auditors’ Report and the Secretarial Audit Report and to the corresponding explana(cid:415)ons/comments of the Board thereon. The relevant qualifica(cid:415)ons/observa(cid:415)ons and the Board’s explana(cid:415)ons were briefly placed before the Members. Thereafter, with the consent of the Members, the remaining portions of the Board’s Report, Statutory Auditors’ Report and Secretarial Audit Report were taken as read.  The following items of business, as set out in the No(cid:415)ce convening the 39th AGM dated September 04, 2026, were placed before the Members for considera(cid:415)on and vo(cid:415)ng: Sr. Agenda Item Type of No. Resolution Ordinary Business 1. To receive, consider and adopt the Audited Financial Ordinary statement of the Company for the year ended 31stMarch, 2026 including reports of the Board of Directors and Auditors thereon. 2. To consider the appointment of director in place of Mr. Naresh Ordinary Manakchand Jain (DIN: 00291963), who is liable to retire by rotation and being eligible offers himself for re-appointment Special Business 3. Appointment of Mr. Pankaj Jain (DIN: 11114458) as Non-Executive, Special Independent Director of the company for term of 5 years 4. Appointment of Mr. Harsh Jain as Manager of the company of the Ordinary company for term of 5 years. 5. To Confirm the Appointment of Mr. Suryakant Kadakane Maruti (DIN: Special 02272617) as a Non-Executive Independent Director of the company for a term of 5 years XL ENERGY LIMITED CIN No: U31300TG1985PLC005844 Office 318, 3rd Floor, Mittal Chambers, 2-2-51, M.G. Road, Secunderabad, Hyderabad, Telangana, India, 500003, Tel – 040-27710751 Corp address: Office No.2, 1st Floor, 7 Homji Street, Rahimtoola House, Fort, Mumbai – 400 001. E-mail: xlenergy85@gmail.com Phone: +91 7666540600  Members present were given an opportunity to raise ques(cid:415)ons. A query raised by a Member during the Mee(cid:415)ng was appropriately responded to by the Chairman.  The Chairman informed the Members that M/s. Suprabhat & Co, Prac(cid:415)cing Company Secretary, has been appointed as the Scru(cid:415)niser to scru(cid:415)nise the remote e-vo(cid:415)ng and e- vo(cid:415)ng conducted during the AGM, in a fair and transparent manner.  The Chairman informed the members that the results of the remote e-vo(cid:415)ng and e-vo(cid:415)ng at the AGM along with the scru(cid:415)nizer report would be declared within s(cid:415)pulated (cid:415)me frame of the Mee(cid:415)ng shall be submi(cid:425)ed to the stock exchanges.  The Chairman then thanked the members for their par(cid:415)cipa(cid:415)on in the mee(cid:415)ng and there being no other business, declared the proceeding to be closed. The Annual General Meeting was concluded at 4.23 p.m. The e-voting facility remained open for a further period of 15 minutes thereafter to enable eligible Members who had not already cast their votes to vote electronically. 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