Proceedings of 47th Annual general Meeting of the Company

‘i aw? SARUP INDUSTRIES LTD. Date: - 01.10.2026 The Manager-Listing, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001 Sub: - Submission of Proceedings of 47th Annual General Meeting Dear Sir / Madam, In reference to the above said subject and pursuant to Regulation 30 SEB! (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are hereby submitting the Proceedings of the 47th E-Annual General Meeting held on 30™ September 2026 at 12.00 PM held through Video Conference (VC) / Other Audio Visual Means (OAVM). Kindly take the above information on record and oblige. Thanking You For Sarup Industries Limited Company Secretary P.O. Ramdaspura, JALANDHAR- 144003, PUNJAB, (INDIA) Tel.: 009 1-181-5012163,5021037 Fax :0091-181-2277557 E-mail : exports@bawastl.com PS.T/C.S.T. No. 32878719 TIN : 03091092466 CIN :L19113PBI979PLC004014 de aact tae a SARUP INDUSTRIES LTD. SUMMARY OF PROCEEDINGS OF THE 47TH ANNUAL GENERAL MEETING (""AGM") OF SARUP INDUSTRIES LIMITED Mode Video Confere ncing/ Other Audio-Visual means (VC/ OAVM) facility Venue PO RAMDASPU RA , JALANDHAR-144003, PUNJAB Day, Date Wednesday, t he 30th day of September, 2026 Meeting Start Time 12.06 PM Meeting End Time 12.26 PM PRESENT SH. ATAMJIT SINGH BAWA CHAIRMAN, DIRECTOR SH. SIMARJIT SINGH BAWA MANAGING D IRECTOR SH. KAMAL JEET SHARMA INDEPENDENT DIRECTOR SH. BALWINDER KHURANA NEWLY APPOI NTED INDEPENDENT DIRECTOR CS MEGHA GANDHI COMPANY SE CRETARY CA Y K SUD STATUTORY A UDITOR CS ANKIT GANDHI SCRUTINIZER QUORUM OF THE MEETING PERSON PRESENT IN PERSON TOTAL OF 16 MEMBERS REPRESENTING 1991146 SHARES ATTENDED THE MEETING. MEETING CS Megha Gandhi, Company Secretary of the Company convene the meeting and welcome all the Directors and members on behalf of the Company. Then CS Megha Gandhi introduced management team of the Company attending 47th Annual General Meeting. Simerjit Singh Bawa, Managing Director elected Chairman for today’s Meeting. CS Megha Gandhi further requested Simerjit Singh Bawa, Managing Director for share some valuable words with shareholders. Simerjit Singh Bawa, Managing Director, welcomed all the members in 47th Annual General Meeting of the Company. P.O. Ramdaspura, JALANDHAR- 144003, PUNJAB, (INDIA) -181-5012163,5021037 Fax :0091-181-2277557 E-mail : exports@bawastl.com PS.T/C.S.T. No. 32878719 TIN : 03091092466 CIN :L19113PBI979PLC004014 de aact tae a SARUP INDUSTRIES LTD. Further Simerjit Singh Bawa Company shared various initiatives to expansion and growth of business. These are:- @ Lotus Bawa Brand: The brand has been generating revenue across online channels, and good responses have been received from customers. We have launched 20 SKUs in Lotus Bawa so far and are planning to expand it further. Lotus Bawa is also live on Amazon and receiving a good response, and we will soon list it on Myntra and Flipkart. @ SIL Business Operations: New buyers and developments have been ongoing with SIL, which will give a boost to the Company's sales and improve profitability. The war situation adversely impacted our business in the last quarter of the financial year 2026-26, as business operations were disrupted due to delays in imported materials. However, the Company has successfully coped with that situation. @ Shopping Mall Property: The company is in connection with the construction and development of the shopping mall. The project is currently under process, and we will come up with something positive and good very soon. Moreover, this property is now connecting to the Delhi-Katra highway, and as a result, its market value is increasing, which is giving significant appreciation to this property. @ Regarding the temporary trading suspension: It was an inadvertent clerical error with the listing fee payment, and we received no reminder. The fee is now paid in full, the exchange has been notified, and trading will resume shortly. Further on behalf of the Board he expressed his appreciation to all the members, customers and employees of the Company. Thereafter CS Megha Gandhi informed the Members that the Company had provided remote e-voting of the Company which was started on 26th September, 2026 at 10.00 AM (IST) and ends on 29th September, 2026 at 5.00 PM (IST). Shareholders who want to vote today for them, voting will continue after 15 mints from the conclusion of this AGM. The Result of the E Voting as well as VC Voting will be locked by the scrutinizer and uploaded the same on BSE as well as on Company's Website within two working days from the conclusion of this meeting. P.O. Ramdaspura, JALANDHAR- 144003, PUNJAB, (INDIA) -181-5012163,5021037 Fax :0091-181-2277557 E-mail : exports@bawastl.com PS.T/C.S.T. No. 32878719 TIN : 03091092466 CIN :L19113PBI979PLC004014 fae A SARUP INDUSTRIES LTD. The following items of business, as per the Notice of AGM, were transacted at the Meeting. SR NO | RESOLUTIONS TYPE OF RESOLUTIONS 1 To receive, consider and adopt the Audited Financial Statements of Ordinary Resolution the Company for the financial year ended 31st March, 2026 together with the Reports of Directors' and the Auditors' thereon. 2 To appoint a director in place of Mr. Atam jit Singh Bawa (DIN: Ordinary Resolution 00807400) who retires by rotation and being eligible, offers herself for re-election. Appointment of Ms. Harnarinder Deep Kaur (DIN: 07592946) as Special Resolution an Independent Director- Ms. Harnarinder Deep Kaur was appointed as an Additional Independent Director of the Company by the Board of Directors with effect from 06.09.2026 in terms of Section 161(1) 149, 150, 152 of the Act and whose term of office expires at the Annual General Meeting and who has submitted a declaration that she meets the criteria for independence as provided in the Act and Listing Regulations, be and is hereby appointed as an Independent Non-Executive Director of the Company to hold office for a term of five consecutive years. 4 Appointment of Mr. Balwinder Khurana (DI N: 11930566) as an Special Resolution Independent Director-Mr. Balwinder Khurana was appointed as an Additional Independent Director of the Company by the Board of Directors with effect from 06.09.2026 in terms of Section 161(1) 149, 150, 152 of the Act and whose term of office expires at the Annual General Meeting and who has submitted a declaration that he meets the criteria for independence as provided in the Act and Listing Regulations, be and is hereby appointed as an Independent Non-Executive Director of the Company to hold office for a term of five consecutive years. P.O. Ramdaspura, JALANDHAR- 144003, PUNJAB, (INDIA) Tel.: 0091-181-5012163, 50 21037 Fax :0091-181-2277557 E-mail : exports@bawastl.com PS.T/C.S.T. No. 32878719 TIN : 03091092466 CIN :L19113PB1979PLC0040 14 Linear eo ie ne SARUP INDUSTRIES LTD. CS Megha Gandhi thanked all the Directors who joined the meeting and also thanked all the Members for their participation. Members who attended the Meeting were given an opportunity to ask questions and seek clarification(s). The Chairman appropriately responded to the questions raised by them. Post the question-and-answer session, CS Megha Gandhi conclude the Meeting with a vote of thanks to all. The e-voting facility was kept open for the next 15 minutes to enable the Members to cast their vote. Post the conclusion of the remote e-voting, the Scrutinizers' report was received. All the Resolutions have been passed with requisite majority. This is for your information and records. Thanking You For Sarup Industries Limited MNegh a - Company Secretary P.O. Ramdaspura, JALANDHAR- 144003, PUNJAB, (INDIA) Tel.: 0091-181-5012163,5021037 Fax :0091-181-2277557 E-mail : exports@bawastl.com PS.T/C.S.T. No. 32878719 TIN : 03091092466 CIN :L19113PBI979PLC004014