Shareholders meeting

June 30, 2026 BSE Ltd, National Stock Exchange of India Ltd. Corporate Relationship Department, Listing Department, Phiroze Jeejebhoy Towers, Exchange Plaza, Bandra-Kurla Complex, Dalal Street, Mumbai - 400 001 Bandra (East), Mumbai- 400 051 Scrip Code: 544057 Svmbol: HAPPYFORGE Dear Sir/Ma’am, Sub: Notice of the 47th Annual General Meeting of the Company We wish to inform you that the 47th Annual General Meeting (“AGM”) of the Company will be held on Monday, the 27th day of July 2026 at 11:30 a.m. (IST) through Video Conferencing (“VC”) / Other Audio- Visual Means (“OAVM”) in accordance with the circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. We are attaching a copy of the notice of the AGM for your records. The above-mentioned Notice is also being uploaded on the Company's website at www.happyforgingsltd.com Please take note of the same. Thanking you. FOR HAPPY FORGINGS LIMITED BINDU GARG Company Secretary & Compliance Officer Membership No.: F6997 BXXIX-2254/1, Kanganwal Road P.O. Jugiana, Ludhiana, Punjab, 141120 Regd Office : Notice NOTICE OF ANNUAL GENERAL MEETING Registered Office: BXXIX, 2254/1, Kanganwal Road, P.O. Jugiana, Sahnewal, Ludhiana,Punjab, India, 141120. Corporate Office: H.B No.220, P O Rajgarh, Village- Dugri, Ludhiana-141 421 CIN: L28910PB1979PLC004008; Tel: +161 5217162 Website: www.happyforgingsltd.com Email: complianceofficer@happyforgingsltd.co.in NOTICE is hereby given that the Forty Seventh (47th) Annual 3. Mr. Ashish Garg (DIN: 01829082), Managing Director General Meeting (“AGM”) of the members of Happy Forgings liable to retire by rotation, and being eligible for Limited (“the Company”), will be held on Monday , 27th July reappointment offers himself for reappointment. 2026 at 11:30 A.M. (IST) through Video Conferencing (“VC”)/ To consider and if thought fit, to pass the following Other Audio Visual Means (“OAVM”) to transact the following resolution as an Ordinary Resolution: businesses: “RESOLVED THAT in accordance with the provisions of Section 152 and any other applicable provisions ORDINARY BUSINESS: of the Companies Act, 2013, Mr. Ashish Garg (DIN: To consider and, if thought fit, to pass the following 01829082), Managing Director who retires by rotation, resolutions as Ordinary Resolutions: and being eligible offers himself for reappointment, 1. (a) Adoption of the Audited Standalone Financial be and is hereby re-appointed as a director of the Statements of the Company for the financial Company, liable to retire by rotation.” year ended 31st March, 2026 SPECIAL BUSINESS: “RESOLVED THAT the audited standalone financial statements of the Company for the year 4. Ratification of remuneration payable to M/s. Rajan ended 31st March, 2026 containing the Balance Sabharwal & Associates, Cost Auditors of the Sheet as at that date, the Statement of Profit & Company. Loss, statement of changes in equity and the To consider and, if thought fit, to pass the following Cash Flow Statement for the year ended on that resolution as an Ordinary Resolution: date together with the Notes and the Reports of “RESOLVED THAT pursuant to the provisions of Auditors and Board of Directors Report along with Section 148 and all other applicable provisions, if any, its annexures thereon be and are hereby approved of the Companies Act, 2013 and the Companies (Audit and adopted.” and Auditors) Rules, 2014 (including any statutory 1. (b) Adoption of the Audited Consolidated Financial modification(s) or re-enactment(s) thereof for the Statements for the financial year ended 31st time being in force), the members of the Company March, 2026 hereby ratifies the remuneration not exceeding “RESOLVED THAT the audited consolidated ` 1,50,000/- (Rupees one Lakh and fifty thousand only) financial statements for the year ended 31st March, plus applicable taxes and reimbursement of out of 2026 containing the Balance Sheet as at that pocket expenses incurred in connection with the cost date, the Statement of Profit & Loss, statement of audit payable to M/s. Rajan Sabharwal and Associates, changes in equity and the Cash Flow Statement Ludhiana (having Firm Registration No. 101961), for the year ended on that date together with the appointed as Cost Auditors of the Company by the Notes and the Auditors’ Report thereon be and are Board of Directors of the Company on 21st May, 2026 hereby approved and adopted.” for the Financial year 2026-27 upon recommendation of the audit committee of the Company. 2. To declare final dividend of ` 4 per equity share for RESOLVED FURTHER that the Board of Directors the Financial year ended 31st March, 2026. (hereinafter referred to as the “Board” which expression To consider and if thought fit, to pass the following shall also include any Committee duly constituted by resolution as an Ordinary Resolution: the Board) of the Company be and is hereby authorized “RESOLVED THAT final dividend at the rate of ` 4/- to do all such acts, deeds and things as may be (Rupees Four only) per fully paid-up equity share of necessary for the purpose of giving effect to the face value of ` 2 /- each as recommended by the Board aforesaid resolution.” of Directors, be and is hereby declared for the financial year ended 31st March, 2026.” HAPPY FORGINGS LIMITED 1 5. To approve the commission payable to the authorized to do all such acts, deeds, matters and Independent Directors of the Company things including deciding on the manner of payment of commission and settle all questions or difficulties To consider and, if thought fit, to pass the following that may arise with regard to the aforesaid resolution resolution as an ordinary resolution: as it may deem fit and to execute any documents, “RESOLVED THAT pursuant to the provisions of instructions, etc. as may be necessary or desirable Section 149, 197, 198 and all other applicable in connection with or incidental to give effect to the provisions, if any, of the Companies Act, 2013 and the aforesaid resolution.” rules made thereunder read with Schedule V of the Companies Act, 2013 (including any amendment(s), 6. To re-appoint Ms. Megha Garg, (DIN 07352042) as statutory modification(s) or re-enactment(s) thereof the Whole-Time Director for a term of another five for the time being in force), Regulation 17(6)(a) and years all other applicable provisions, if any, of the SEBI To consider and if thought fit, to pass, the following (Listing Obligations and Disclosure Requirements) resolution as an Ordinary Resolution: Regulations, 2015 or any other law for the time being “RESOLVED THAT in accordance with the provisions in force, and in accordance with provisions of the of Sections 149, 152, 190, 196, 197, 198, 203 and all Articles of Association of the Company, pursuant to other applicable provisions of the Companies Act, the recommendations of Nomination & Remuneration 2013 read with Schedule V of the Companies Act, 2013 Committee and Board of directors of the Company , and the Companies (Appointment and Remuneration the approval of the shareholders of the Company be of Managerial Personnel) Rules, 2014, Regulation 17 and is hereby accorded to pay remuneration by way and other applicable provisions of the Securities and of commission to Non-Executive Directors (including Exchange Board of India (“SEBI”) (Listing Obligations Independent Directors) of the Company within the and Disclosure Requirements) Regulations, 2015 overall maximum limit of upto one percent (1%) of (“Listing Regulations”), as amended and rules made Net Profits of the Company during the financial year thereunder, (including any statutory modification(s) or computed in accordance with the provisions of Section re-enactment thereof, for the time being in force) and 198 of the Act, in aggregate (to be distributed in such the applicable provisions of the Articles of Association manner and proportion as the Board of Directors of the of the Company, and the recommendation of Company (the [Showing first 8,000 characters — download PDF for full document]