Shareholders meeting

Nectar Lifesciences Ltd. Ref No.: NLL/CS/2026- 738 October 05, 2026 1. National Stock Exchange of India Limited 2. BSE Limited Listing Department, Corporate Relationship Department, Exchange Plaza, Bandra Kurla Complex, P J Towers, Dalal Street, Bandra (E), Mumbai 400 051 Mumbai 400 001 Symbol: NECLIFE Scrip Code: 532649 Sub: Minutes of 31st Annual General Meeting (“AGM”) of the Nectar Lifesciences Limited (“Company”). Dear Sir/Madam, Pursuant to regulation 30 of Securities and Exchange Board of India (Listing Obligations and disclosure Requirements) Regulations, 2015, please find enclosed herewith minutes of 31st AGM held on Friday, September 18, 2026. This is for your information and records please. Thanking you, Yours faithfully, For Nectar Lifesciences Limited (Sanjaymohan Singh Rawat) Company Secretary & Compliance Officer Corporate Office: Godrej Eternia, Plot No. 70, Industrial Area, Phase 1, Chandigarh 160 002, INDIA Registered Office: Showroom no. 8, First Floor, Patiala Complex, Barwala Road, Dera Bassi, Distt. S.A.S Nagar, Punjab- 140 507, INDIA Website: www.neclife.com, E-mail: nectar.info@neclife.com CIN: L21000PB1995PLC016664 Minutes Book MINUTES OF THE 31ST ANNUAL GENERAL MEETING (“AGM”) OF THE MEMBERS OF NECTAR LIFESCIENCES LIMITED (“COMPANY”) HELD ON FRIDAY, SEPTEMBER 18, 2026, AT 11:00 A.M. THROUGH VIDEO CONFERENCING (“VC”)/ OTHER AUDIO-VISUAL MEANS (“OAVM”) AND VENUE OF THE MEETING WAS DEEMED TO BE AT REGISTERED OFFICE OF THE COMPANY AT SHOWROOM NO. 8, FIRST FLOOR, PATIALA COMPLEX, BARWALA ROAD, DERA BASSI, DISTT. S.A.S NAGAR, PUNJAB- 140 507. Directors Present (All through VC): 1. Mr. Sanjiv Goyal Chairman & Managing Director (“CMD”) 2. Dr. Indu Pal Kaur Independent Director 3. Dr. Kuldip Kumar Bhasin Independent Director and Chairperson of Stakeholders Relationship Committee 4. Dr. Rupinder Tewari Independent Director and Chairperson of Audit Committee and Nomination & Remuneration Committee 5. Mr. Sushil Kapoor Whole-time Director & Chief Financial Officer (“CFO”) 6. Dr. Gunmala Suri Non-Executive Non-Independent Director In Attendance (All through VC): 1. Mr. Sanjaymohan Singh Rawat Company Secretary (“CS”) 2. Mr. Deepak Jindal Partner of M/s. Deepak Jindal & Co., Chartered Accountants, Statutory Auditors. 3. Mr. Prince Chadha Secretarial Auditors & Scrutinizer Members though VC: 49 Mr. Sanjiv Goyal, CMD, had Chair the 31st AGM. CS welcomed the Shareholders, Directors and others at the 31st AGM. CS then informed to the shareholders that the 31st AGM of the Company was called, convened and held through Video Conferencing (VC)/ Other Audio Visual Means (OAVM) in compliance with General Circular No. 14/2020 dated April 8, 2020, General Circular No. 17 /2020 dated April 13, 2020, General Circular No. 20/2020 dated May 5, 2020 read with other relevant circulars issued in this regard, the latest being General Circular No. 03/ 2025 dated September 22, 2025 issued by the Ministry of Corporate Affairs (“MCA”) and other applicable provisions of the Companies Act, 2013 (“Act”) read with Rules made thereunder and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR Regulations”) and the Secretarial Standard- 2 on General Meetings. Thereafter, the Chairman addressed the Shareholders: It was informed that Participation of members through video conference was being reckoned for the purpose of quorum as per the circulars issued by MCA and Section 103 of the Companies Act, 2013. The quorum being present and Chairman declared the meeting open. The Chairman informed that the Company had made all efforts feasible under the circumstances to enable the members to participate at the meeting through the VC/ OAVM and vote electronically. Page 1 of 7 Chairman’s Initial Minutes Book Thereafter CS introduced to the shareholders the Directors, KMP’s, Statutory Auditor and Secretarial Auditor & Scrutinizer who were present on the panel. He introduced Mr. Sanjiv Goyal, CMD and Chairman of the AGM, Dr. Indu Pal Kaur, Independent Director, Dr. Kuldip Kumar Bhasin, Independent Director and Chairperson of Stakeholders Relationship Committee, Dr. Rupinder Tewari, Independent Director and Chairperson of Audit Committee and Nomination & Remuneration Committee, Mr. Sushil Kapoor Whole-time Director & CFO and Dr. Gunmala Suri, Non-Executive Non-Independent Director. He also introduced Mr. Deepak Jindal, Partner of M/s. Deepak Jindal & Co., Chartered Accountants, Statutory Auditors, Mr. Prince Chadha, Secretarial Auditors & Scrutinizer. CS briefed the shareholders about following important points regarding the Meeting: Members were informed that the Statutory Registers had been made available electronically for inspection by the members during the AGM. As the AGM was being held through VC/ OAVM, the facility for appointment of proxies by the members was not applicable and hence the proxy register for inspection was not available. The Company had requested all shareholders to send their queries in advance. In this new format of the AGM through VC/OAVM, the Company would respond to only those queries which had already been received. Thereafter, he informed the members that the Company had provided remote e-voting facilities as provided by KFIN Technologies Limited (“KFIN”) on all resolutions set forth in the AGM notice and the same facility was available to the members from September 15, 2026 (9:00 A.M.) Indian Standard Time (“IST”) to September 17, 2026 (5:00 P.M.) IST. Members who had not cast their votes through remote e-voting and who were participating in this meeting would had an opportunity to cast their votes during the meeting through the e- voting system provided by KFIN. Members were informed that there would be no voting by show of hands. With the permission of Chairman, the following business was transacted: Item No. 1 of the Notice- To receive, consider and adopt the Standalone Financial Statements of the Company for the financial year ended March 31, 2026, and the Reports of the Board of Directors and Auditors thereon and Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, and the Report of Auditors thereon. The Statutory Auditors, M/s Deepak Jindal & Co., Chartered Accountants and Secretarial Auditor, P. Chadha & Associates, has expressed unqualified opinion in the respective audit reports for the financial year 2025-2026. There were no qualifications, observations or adverse comments on financial statements and matters, which have any material bearing on the functioning of the Company. The Statutory Auditors’ report on standalone financial statements and consolidated financial statements are available on Page numbers 43 and 79 of the annual report. Secretarial Auditor report was enclosed as Annexure 4 to the Board’s report on Page number 35 of the annual report. The copy of the proposed resolution along with explanatory statement was provided in the Notice circulated to the members. Page 2 of 7 Chairman’s Initial Minutes Book Item No. 2 To appoint a director in place of Mr. Sanjiv Goyal (DIN- 00002841), who retires by rotation and being eligible, offers himself for re-appointment. The copy of the proposed resolution along with explanatory statement was provided in the Notice circulated to the members. Item No. 3 To consider and approve the re-appointment of Dr. Kuldip Kumar Bhasin (DIN- 09250008) as an Independent Director for the second term of consecutive five years. The copy of the proposed resolution along with explanatory statement was provided in the Notice circulated to the members. Item No. 4 To consider and approve the re-appointment of Dr. Indu Pal Kaur (DIN- 09686862) as an Independent Director for the second term of consecutive five years. The copy of the proposed resolution along with explanatory statement was provided in the Notice circulated to the members. Item No. 5 To consider and approve the appointment of Dr. Gunmala Suri ( [Showing first 8,000 characters — download PDF for full document]