Proceedings of AGM

October 1, 2026 BSE Limited, National Stock Exchange of India Ltd, Dept. of Corporate Services, Listing Department Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai – 400051 Mumbai – 400 001 Scrip Symbol: SETCO Company Code: 505075 Dear Sir, Sub: Proceedings of the 43rd Annual General Meeting of the Company held on September 30, 2026 This is to inform you that the Annual General Meeting (“AGM”) of the Company was scheduled on Wednesday, 30th September, 2026 at 2:30 p.m. at the registered office of the Company at Alindra Village, Vadodara Godhra Highway, Kalol, Panchmahal, Gujarat, India – 389330 and concluded at 3:00 p.m. In these regards and business(es) mentioned in the Notice dated 8th September, 2026, convening the AGM were transacted thereat. Further, the proceedings of AGM is also available on the Company’s website at www.setcoauto.com. Details of voting results as required under Regulation 44 (3) of the SEBI (LODR) Regulations, 2015 will be submitted separately. This is for your information and records. Thanking you, Yours faithfully, For Setco Automotive Limited Aditi Pai Company Secretary Corporate office: 54A, Tardeo, Near Film Center Building, Tardeo Road, Mumbai – 400034, Phone: +91 22 40755555 Fax: +91 22 23520754 Registered Office: Alindra Village, Vadodara Godhra Highway, Kalol, Panchmahal, Gujarat, India – 389330, Phone: +91(0) 2676- 227101 Fax: +91(0) 2676-235524 CIN: L32909GJ1982PLC005203, Web: www.setcoauto.com, Email: contact@setcoauto.com BRIEF PROCEEDINGS OF THE 43rd ANNUAL GENERAL MEETING OF THE COMPANY The 43rd Annual General Meeting (AGM) of the Company was scheduled on Wednesday, 30th September 2026, at the registered office of the Company at Alindra Village, Vadodara Godhra Highway, Kalol, Panchmahal, Gujarat, India – 389330. The meeting commenced at 2:30 p.m. Mr. Harish Sheth, Chairman and Managing Director of the Company, chaired the proceedings of the meeting. Chairman welcomed the Director, Company Secretary, Statutory and Secretarial Auditors and shareholders of the Company to the AGM, as the requisite quorum being present, the Chairman called the Meeting to order. Chairman then handed over to Mrs. Aditi Pai, Company Secretary and requested her to proceed with the meeting. Mrs. Aditi Pai welcomed the Board, Statutory and Secretarial Auditors and shareholders of the Company to the AGM. The Notice convening the AGM and the Annual Report of the Company for the financial year ended 31st March, 2026, were taken as read as the same were already circulated to the members. Mrs. Aditi Pai informed the following: • The notice of the Annual General Meeting & Audited Accounts / reports for financial year 2025-26 were sent through electronic mode to those Members whose email addresses were registered with the Company/ Depositories. For Members who have not registered their e-mail addresses, physical copies are sent by the permitted mode. These are also available on the website of the Company, BSE, NSE and Central Depository Services (India) Limited (CDSL). • The Register of Proxies and other Statutory registers as required to be kept open for inspection under the Companies Act, 2013 are available for inspection by the Members at the entrance of the hall. • In compliance with the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company had provided to its Members, facility to cast their votes by electronic means through remote e-voting platform of Central Depository Services (India) Limited (CDSL) in respect of all resolutions as set out in the Notice convening the 43rd AGM. The remote e-voting period commenced from Sunday, September 27, 2026 at 9:00 am (IST) and ended on Tuesday, September 29, 2026 at 5:00 pm (IST). • Members who had not cast their votes through remote e-voting platform were provided with an opportunity to cast their votes physically during the AGM. Corporate office: 54A, Tardeo, Near Film Center Building, Tardeo Road, Mumbai – 400034, Phone: +91 22 40755555 Fax: +91 22 23520754 Registered Office: Alindra Village, Vadodara Godhra Highway, Kalol, Panchmahal, Gujarat, India – 389330, Phone: +91(0) 2676- 227101 Fax: +91(0) 2676-235524 CIN: L32909GJ1982PLC005203, Web: www.setcoauto.com, Email: contact@setcoauto.com The Company Secretary requested the members to consider the following items of business, as per the Notice of AGM dated September 8, 2026: Ordinary Business: 1. To receive, consider and adopt: a) Approving and adopting the Audited Standalone Annual Financial Statements of the Company for the financial year ended March 31, 2026 together with the Reports of the Board of Directors and the Auditors’ thereon: b) Approving and adopting the Audited Consolidated Annual Financial Statements of the Company for the financial year ended March 31, 2026 together with the Report of the Auditors’ thereon: 2. To appoint a director in place of Mrs. Urja Shah (DIN: 02675341), who retires by rotation and being eligible, offers himself for re-appointment. Special Business: 3. Re-appointment and remuneration of Mr. Harish Kiritbhai Sheth (DIN: 01434459) as Chairman and Managing Director of the Company. 4. Re-appointment and remuneration of Mr. Udit Harish Sheth (DIN: 00187221) as Vice Chairman and Executive Director of the Company. 5. Re-appointment and remuneration of Mrs. Urja Harshal Shah (DIN: 02675341) as Executive Director of the Company. The Company Secretary further informed the Members that the Board of Directors had appointed Mrs. Babita Gupta representing M/s. Shravan A. Gupta & Associate, Practicing Company Secretaries as Scrutinizer to scrutinize the remote e-voting and ballot voting process in a fair and transparent manner and submit a Consolidated Report. The Company Secretary, thereafter, ordered a poll to be taken at the Meeting on all resolutions set out in the Notice convening the 43rd AGM and requested Mrs. Babita Gupta from M/s. Shravan A. Gupta & Associate, Practicing Company Secretaries Scrutinizer for an orderly conduct of the voting. The Company Secretary further informed the Members that voting results along with the Consolidated Scrutinizer's Report shall be placed on the website of the Company, www.setcoauto.com and on the website of CDSL engaged for providing e-voting and will be communicated to the Stock Exchanges, where the shares of the Company are listed within 48 hours of the conclusion of AGM. The meeting concluded with a vote of thanks to all the Directors, Auditors and Members for attending the 43rd AGM of the Company and declared the meeting as concluded at 3:00 p.m. Corporate office: 54A, Tardeo, Near Film Center Building, Tardeo Road, Mumbai – 400034, Phone: +91 22 40755555 Fax: +91 22 23520754 Registered Office: Alindra Village, Vadodara Godhra Highway, Kalol, Panchmahal, Gujarat, India – 389330, Phone: +91(0) 2676- 227101 Fax: +91(0) 2676-235524 CIN: L32909GJ1982PLC005203, Web: www.setcoauto.com, Email: contact@setcoauto.com