The Summary of the proceedings of the 41st Annual General Meeting of the Company is attached herewith.

VAMA INDUSTRIES LIMITED Registered Office: 1st Floor, 7-1-24/2/D, Greendale, Ameerpet, Hyderabad -500 016, Telangana, India. Phone: +91-40-4260 3792, Fax: +91-40-2335 5821. CIN: L72200TG1985PLC041126, E-mail: services@vamaind.com, Website: www.vamaind.com Date: 301h September 2026 The Department of Corporate Services BSE Limited, Phiroze Jeejebhoy Towers, Dalal Street, Mumbai - 400 001. Dear Sir/ madam, Sub: Proceedings of the 41st Annual General Meeting Ref: Scrip Code: 512175-Varna Industries Limited Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby intimate that the 41st Annual General Meeting (AGM) of the Company was held today, i.e., Wednesday, September 30, 2026 at 04.00 P.M. through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). This is in compliance with the General Circular Nos. 14/2020 dated April 8, 2020 and 17/ 2020 dated April 13, 2020, in relation to "Clarification on passing of ordinary and special resolutions by companies under the Companies Act, 2013", General Circular Nos. 20/2020 dated May 5, 2020, 10/2022 dated December 28, 2022, 09/2023 dated September 25, 2023 and subsequent circulars issued in this regard, the latest being 03/2025 dated September 22, 2025 in relation to "Clarification on holding of Annual General Meeting ('AGM') through Video Conferencing (VC) or Other Audio Visual Means (OAVM)", and other relevant circulars issued by the Securities and Exchange Board of India ("SEBI") and under the relevant provisions of the Companies Act, 2013 and Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"). In this regard, please find enclosed the summary of proceedings as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Thanking You, Yours Truly For Varna Industries Limited V. Atchyuta Rama Raju Managing Director ... J) DIN: 00997493 VAMA INDUSTRIES LIMITED Registered Office: 1st Floor, 7-1-24/2/D, Greendale, Ameerpet, Hyderabad -500 016, Telangana, India. Phone : +91-40-4260 3792, Fax : +91-40-2335 5821. CIN: L72200TG1985PLC041126, E-mail: services@vamaind.com, Website: www.vamaind.com SUMMARY OF THE PROCEEDINGS OF 415 T ANNUAL GENERAL MEETING OF VAMA INDUSTRIES LIMITED HELD AT 04.00 P.M. ON WEDNESDAY, 30TH DAY OF SEPTEMBER, 2026 THROUGH VIDEO CONFERENCING (VC)/ OTHER AUDIO-VISUAL MEANS (OAVM). PRESENT THROUGH VIDEO CONFERENCING/OTHER AUDIO-VISUAL MEANS DIRECTORS: SI. Name Designation 1. Mr. V. Atchyuta Rama Raju Managing Director (In the Chair) 2. Ms. Parvathi Vegesna Executive Director 3. Ms. Jonnada Vaghira Kumari Independent Director 4. Ms. Shilpa Kotagiri Independent Director 5. Mr. Manish Kumar Shukla Independent Director 6. Ms. Vandana Modani Non-Executive Director ALSO PRESENT: SI. Name Designation 1. Mr. Pankaj Dadhich Company Secretary & Compliance Officer 2. Ms. Archana Pabba Chief Financial Officer BY INVITATION: 1. CA Sivapriya Charan Susarla Partner, P. Suryanarayana & Co., Statutory Auditors 2. CS Sravanthi G Secretarial Auditor 3. CS Vikas Sirohiya Scrutinizer Total members attended the meeting: 64 (including Directors and panelists, being the shareholders of the Company). Proxy: Nil The meeting commenced at 04.00 P.M. and concluded at 04.34 P.M upon closure of e-voting. At the outset, Mr. Pankaj Dadhich, the Company Secretary extended a warm welcome to all the participants who registered their presence at the 41 st Annual General Meeting (AGM) of the Company. Then, he apprised the participants that the AGM is being conducted through Video Conferencing/Other Audio Visual Means (VC), in compliance with applicable provisions of the Companies Act, 2013 and relevant circulars issued by the Ministry of Corporate Affairs (MCA). He sought the permission of the Chair in providing assistance for conducting the Meeting. After a formal introduction, Mr. Pankaj Dadhich extended a warm welcome to the Chairman, all the Directors present in the Meeting. He also recognized the presence of the following Independent Directors: • Ms. Jonnada Vaghira Kumari, the Chairman of Audit Committee and Risk Management committee, • Ms. Shilpa Kotagiri, Chairman of Nomination and Remuneration Committee and • Mr. Manish Kumar Shukla, Chairman of Stake Holders Relationship Committee as required and in compliance with the provisions of the Companies Act, 2013. He also noted the presence of Statutory Auditors and that of the Scrutinizer in the Meeting. Further, he apprised the participants of key points regarding the participation at the meeting. Further, he informed that the Registers as required under Companies Act 2013 are open for inspection. Subsequent upon the said, he apprised the participants with the e voting facility being provided at the AGM. The Company Secretary informed the members that pursuant to the prov1s1ons of the Companies Act, 2013 and other applicable rules and regulations, the Company has arranged for e-voting facility to its members in respect of all the businesses to be transacted at the 41 st AGM of the Company. He further mentioned that the remote e-voting commenced on 27th September, 2026 (09:00 hours) and ended on 29th September, 2026 (17:00 hours). Further, he informed that the members are allowed to opt for only one mode of voting i.e., either through remote e-voting or by venue e-voting. Members who did not already cast their vote by remote e-voting could exercise their right at the Meeting. Subsequent upon the said, Mr. Pankaj Dadhich requested the Chairman, Mr. V. A Rama Raju, to take over and handle the proceedings of the Meeting. Mr. V. Atchyuta Rama Raju, commenced the proceedings of the 41 st Annual General Meeting of the Company. He announced the presence of requisite quorum and called the Meeting to order. He, then announced that since the Annual Report has already been circulated, the same may be taken as read. The Chairman extended his greetings to the members present in the Meeting. He briefed the members about the Business Operations and Outlook of the Company. He, further mentioned that Varna is actively engaged in delivering innovative solutions to clients in the Space and Defense sectors. Further it is also actively pursuing projects in Data Center Engineering space, Build and Facility Management Services and also providing specialized cloud computing support to niche customers. The Company has been implementing projects across India for organizations such as ISRO, the Defense sector, and is increasingly taking on turnkey assignments. Subsequently, Mr. Sivapriya Charan Susarla, the Statutory Auditor was requested to read out his Report. He informed the audit approach adopted by him during the course of Audit and also discussed the key parameters related thereto. The Report and was then taken as read. The Company Secretary read out the names of the speakers, who had already registered as such. The members, turn by turn, congratulated the management and the Board of Directors for their efforts. They expressed their views and sought additional clarifications on various matters concerning the business operations of the Company, and offered their suggestions also. It was informed that all the queries would be attended and clarified by way of mail. Members also expressed their good wishes for the future of the Company. In order to avoid repetition and to save the shareholders precious time, the draft resolutions, forming part of Notice of AGM, a copy of which was circulated well in advance and was also available with them, were taken as read. The items of business were read out before the Meeting in the chronological order as laid in the Notice, as follows: ORDINARY BUSINESS: Item 1: a) Adoption of audited Financial Statement of the Company for the Financial Year 2025- 26 together with the Reports of the Board of Directors and Auditors thereon; and b) Adoption of audited Consolidated Fina [Showing first 8,000 characters — download PDF for full document]