Shareholders meeting

REF: GTL/CS-SE/2026-27/20 September 30, 2026 Department of Corporate Services Corporate Communication Department BSE Limited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers, Exchange Plaza, 51h Floor, 251h Floor, Dalal Street, Plot No. C/1, G Block, Fort, Mumbai 400 001. Bandra Kurla Complex, Bandra (East), Mumbai 400 051. (BSE Code: 500160 NSE Symbol: GTL ISIN: INE043A01012) Dear Sir/s, Sub: Proceedings of the 38th Annual General Meeting held on September 30, 2026 Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the "Listing Regulations") read with Para A of Part A of Schedule III to the Listing Regulations, we enclose herewith proceedings of the 381h Annual General Meeting of the Members of the Company held on Wednesday, September 30, 2026, through Video Conferencing for your record. Thanking you, Yours faithfully, For GTL Limited Pratik Toprani Harshad Kulkarni Company Secretary Chief Financial Officer Encl. as above Note: This letter is submitted electronically with BSE & NSE through their respective web-portals GTL LIMITED Regd Off: 6th Floor, Building No. A, Plot No EL-207, MIDC, TTC Industrial Area, Mahape, Navi Mumbai - 400 710 India. Tel: + 91-22-2761 2929 I Fax : +91 -22-2768 9990 I www.gtllimited.com I CIN No. - L40300MH1987PLC045657 Corp Off: 412, Janmabhoomi Chambers, 29 Walchand Hirachand Marg, Ballard Estate, Mumbai - 400 001, India. Tel : +91 - 22 -2271 5000 Fax : +91 -22-2271 5332 GTL LIMITED PROCEEDINGS AT THE THIRTY EIGHTH ANNUAL GENERAL MEETING (“AGM”) OF THE COMPANY HELD ON WEDNESDAY, SEPTEMBER 30, 2026 AT 02.00 P.M. (IST) THROUGH VIDEO CONFERENCING (“VC”) / OTHER AUDIO VISUAL MEANS (“OAVM”). 1. Mr. D. S. Gunasingh, the Chairman chaired the meeting. 2. The Chairman welcomed the shareholders. 3. The Chairman informed that the meeting was conducted through video conferencing in accordance with the circulars issued by the Ministry of Corporate Affairs. 4. The Chairman took the Roll Call of other Directors. The Directors viz. Mrs. Rufina Fernandes, Mr. Navin Kripalani, Dr. Mahesh Borase, Mrs. Siddhi Thakur, Ms. Sanjana Pawar and Ms. Jyotisana Kondhalkar, who attended the meeting through VC responded to the same. The Chairman also informed that Mr. Swapnil Sansare, representing Company’s Statutory Auditors, M/s. GDA & Associates, Mr. Virendra Bhatt, Practicing Company Secretary who has been appointed as the Scrutinizer, Mr. Pratik Toprani, Company Secretary and Mr. Harshad Kulkarni, Chief Financial Officer were also attending the meeting through VC. 5. The requisite quorum being present, the Chairman called the meeting to order. 6. The Chairman informed that as the Notice of 38th AGM has already been circulated to all the members, he shall take the notice of the Meeting as read. 7. The Chairman, thereafter, requested Mr. Pratik Toprani – Company Secretary to read Auditors’ Report. Mr. Toprani informed that as the Auditors Report has already been circulated along with the Annual Report, it might be taken as read and thereafter pursuant to the provisions of Section 145 of the Companies Act 2013 he read out the modified opinion and emphasis of matters stated in the Auditors’ Report and also the concluding portion therein. 8. The Chairman then informed the Members that pursuant to the provisions of Section 108 of the Companies Act, 2013, read with Rule 20 of the Companies (Management & Administration) Rules, 2014, as amended, and Regulation 44 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the Listing Regulations), the Company has extended remote e-voting facility to its members for voting in proportion to their shareholding as on the cut-off date of September 23, 2026, in respect of all businesses to be transacted at the 38th AGM, during the period from 09:00 a.m. (IST) on September 26, 2026 up to 05:00 p.m. (IST) September 29, 2026. He also informed that Mr. Virendra G. Bhatt, Practicing Company Secretary was appointed as the Scrutinizer by the Board for scrutinizing the e-voting process in a fair and transparent manner. 9. The Chairman further informed the Members that such Members who had not voted earlier through remote e-voting could now vote through the venue e-voting facility system (during the course of AGM) provided by Central Depository Services (India) Limited (“CDSL”). Thereafter he informed that, after conclusion of electronic voting at the AGM, the scrutinizer will unblock the votes cast through remote e-voting and venue e-voting (during the course of AGM) and make a consolidated Scrutinizer’s Report of the total votes cast in favour or against, if any. After submission of the consolidated Scrutinizer’s Report, the Results on all resolutions shall be declared, which will be deemed to be passed on the AGM date, subject to receipt of the requisite number of votes in favour of the Resolutions. Page 1 of 2 GTL LIMITED 10. The Chairman, thereafter, took up the Item Nos. 1 and 2 of the businesses as detailed in the Notice dated August 25, 2026 convening the 38th AGM for transaction and invited queries from Members. In that connection he also informed the Members that there is no requirement for them for proposing or seconding each resolution. 11. Thereafter as requested by the Chairman, one Member spoke. She appreciated the efforts of the Secretarial Department and the Company bringing out well informed Annual Report and dispatch of the Annual Report to the shareholders well within the prescribed time. Another Member vide his mail dated September 28, 2026 had sent few questions, which were also answered by the Chairman by referring to the relevant portions of the Annual Report. 12. The Chairman then thanked the Members present and declared conclusion of the 38th AGM. The AGM got concluded at 2.31 P.M. (IST). After the conclusion of the AGM, the Scrutinizer unblocked the votes casted through remote e-voting and venue e-voting (during the course of AGM). Accordingly, the Scrutinizer submitted a consolidated Scrutinizer Report (enclosed) of the total votes cast in favour and against on all resolutions to the Chairman. For GTL Limited Pratik Toprani Company Secretary Page 2 of 2 Office : Virendra Bhatt Office No.: 03, A Wing, 9th Floor, Pinnacle Corporate Park, Company Secretary UKC CST Link Rd., MMRDA Area, Bandra Kurla Complex, Bandra East, Mumbai - 400 051 Tel.: 022 - 2652 9367 / 68 Mobile No.: +91 98200 48670 Email : bhattvirendra1945@yahoo.co.in Consolidated Scrutinizer's Report (Pursuant to Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014, as amended] The Chairman/Whole-time Director, GTL Limited 6th Floor, Building No. A, Plot No. EL - 207, MIDC, TTC Industrial Area, Mahape, Navi Mumbai, Thane, Maharashtra, India, 400710. Dear Sir, Sub: Consolidated Scrutinizer's Report on remote e-voting (prior to the AGM) and venue e-voting (during the course of the AGM) conducted pursuant to the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 as amended by Companies (Management and Administration) Amendment Rules, 2015 for the Thirty-Eighth Annual General Meeting of the Members of GTL Limited held on Wednesday, September 30, 2026, at 02:00 P.M. (IST) through video conferencing ('VC') / other audio visual means ('OAVM'). I, Virendra G. Bhatt, Practicing Company Secretary, had been appointed as the Scrutinizer by the Board of Directors of GTL Limited (CIN: L40300MH1987PLC045657) pursuant to Section 108 of the Companies Act, 2013 ("the Act") read with Rule 20 of the Companies (Management and Administration) Rules, 2014, as amended, to conduct and scrutinize the entire e-voting process (remote e-voting & venue e-voting) in a fair and transparent manner in respect iof the below mentioned resolutions proposed at the Thirty [Showing first 8,000 characters — download PDF for full document]