Shareholders meeting

AWL/SEC/SE/2026-27/21 30th June, 2026 BSE LTD. NATIONAL STOCK EXCHANGE OF INDIA LTD. Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, 1st Floor, Dalal Street, Bandra-Kurla Complex Fort, Mumbai – 400 023 Bandra (East), Mumbai - 400 051. Company Scrip Code: 517041 Company Symbol: ADOR Dear Sir / Madam, Sub: Notice of the 73rd Annual General Meeting (AGM) for FY 2025-26 Further to our letter dated 29th April, 2026 and pursuant to Regulation 34(1) & Regulation 30 read with Schedule III Part A Para A of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, please find enclosed herewith Notice of 73rd Annual General Meeting (AGM) of our Company, scheduled to be held on Thursday, 23rd July, 2026 at 11.30 AM (IST), through the electronic mode of Video Conference (VC), in compliance with the applicable circulars issued by the Ministry of Corporate Affairs (MCA) and SEBI. The Notice of the 73rd Annual General Meeting for FY 2025-26 is also uploaded on the website of our Company at the following weblink: https://adorwelding.com/events-2/ In compliance with the applicable circulars, Notice of 73rd Annual General Meeting of our Company is being sent via electronic mode to all those Members, whose e-mail addresses / ids are registered with the Company / Depositories / RTA. The Company has fixed Thursday, 16th July, 2026 as the “cut-off date” for determining the eligibility of Members entitled to vote through remote e-voting or e-voting at the AGM. The remote e-voting period shall commence on Monday, 20th July, 2026 (at 09:00 am IST) and end on Wednesday, 22nd July, 2026 (at 05:00 pm IST) We hereby request you to take the above information on record and acknowledge its receipt. Thanking you, Yours Sincerely, For ADOR WELDING LIMITED VINAYAK M. BHIDE COMPANY SECRETARY & COMPLIANCE OFFICER Encl.: As above ADOR WELDING LIMITED Regd. & Corporate Office: Ador House, 6, K. Dubash Marg, Fort, Mumbai - 400 001 – 16, Maharashtra, India. +91 22 6623 9300 I www.adorwelding.com 1800 233 1071 I care@adorians.com I +91 20 40706000 | CIN: L70100MH1951PLC008647 NOTICE OF 73rd ANNUAL GENERAL MEETING To, RESOLVED FURTHER THAT the Board of Directors of the Company (including its Committee The Members, thereof) and / or the Company Secretary & ADOR WELDING LIMITED Compliance Officer and / or Chief Financial Officer Notice is hereby given that the 73rd (Seventy Third) be and are hereby severally authorized to do all such Annual General Meeting (AGM) of the Members acts & take all such steps, as may be considered of ADOR WELDING LIMITED (the Company) will necessary, proper or expedient to give effect to this be held through Video Conferencing on Thursday, Resolution.” 23rd July, 2026, at 11:30 am, to transact the following 6. To consider and, if thought fit, to pass the following business:- resolution as SPECIAL RESOLUTION: ORDINARY BUSINESS: Re- appointment of Mr. Aditya T. Malkani 1. To receive, consider and adopt the Audited (DIN: 01585637), as the Managing Director of the Standalone Financial Statements of the Company Company: for the Financial Year ended 31st March 2026, along “RESOLVED THAT pursuant to the provisions of with the Reports of the Board of Directors and the sections 196, 197, 198 and 203, read with Schedule Auditors thereon. V and all other applicable provisions, if any, of the 2. To receive, consider and adopt the Audited Companies Act, 2013 (“the Act”) read with the Consolidated Financial Statements of the Company Companies (Appointment and Remuneration of for the Financial Year ended 31st March 2026, along Managerial Personnel) Rules, 2014 (including with the Report of the Auditors thereon. any statutory modification(s) or re-enactment(s) 3. To declare dividend on equity shares for the financial thereof, for the time being in force) and applicable year ended 31st March 2026. regulations of SEBI (Listing Obligations & Disclosures 4. To appoint a director in place of Mr. Ravin A. Requirement) Regulations, 2015 (“SEBI (LODR) Mirchandani (DIN: 00175501), who retires by Regulations, 2015”) and subject to the Articles of rotation and being eligible, offers himself for Association of the Company and as recommended re-appointment. by the Nomination & Remuneration Committee in its Meeting held on 24th April, 2026 and subsequently SPECIAL BUSINESS: approved by the Board of Directors at its Meeting 5. To consider and, if thought fit, to pass the following held on 29th April, 2026, the consent of the resolution as an ORDINARY RESOLUTION:- Members of the Company be and is hereby accorded Ratification of remuneration payable to M/s. Kishore for the re-appointment of Mr. Aditya T. Malkani Bhatia & Associates, Cost Accountants, Mumbai, as (DIN: 01585637), as the Managing Director of the the Cost Auditor for the financial year 2026-27 Company for a period of 03 (three) more years, with effect from 14th September, 2026, not liable to “RESOLVED THAT pursuant to Section 148 and retire by rotation, upon such terms and conditions other applicable provisions, if any, of the Companies including remuneration payable to him, as set out in Act, 2013 and the Companies (Audit & Auditors) the explanatory statement annexed to the Notice Rules, 2014, including any statutory modification(s) convening this meeting (including remuneration to or re-enactment(s) thereof, for the time being in be paid in the event of loss or inadequacy of profits force, remuneration of Rs. 8,00,000/- (Rupees in any financial year during the period of 03 (three) Eight Lakhs Only) plus Tax, as applicable, payable to years from the date of his appointment), with liberty M/s. Kishore Bhatia & Associates, Cost Accountants to the Board to alter and vary the terms & conditions (Firm Registration No. 00294), Mumbai, as the Cost of the said appointment including remuneration in Auditors of the Company, to conduct the audit of the such manner, as may be agreed between the Board Cost Records of the Company for the Financial Year and Mr. Aditya T. Malkani; 2026-27, be and is hereby ratified; www.adorwelding.com 1 ADOR WELDING LIMITED 73rd ANNUAL REPORT 2025-26 RESOLVED FURTHER THAT the Board of 197 of the Companies Act, 2013 and all other Directors of the Company (including its Committee applicable provisions, if any, including any statutory thereof) and / or the Company Secretary & modification(s) or re-enactment thereof, for the Compliance Officer be and are hereby severally time being in force, and subject to the provisions of authorized to do all such acts & take all such steps, as the Articles of Association of the Company, on the may be necessary, proper or expedient to give effect basis of the recommendations of the Nomination to this resolution.” and Remuneration Committee and approval of the Audit Committee and the Board of Directors, and 7. To consider and, if thought fit, to pass the following subject to such provisions, consent and approvals, resolution as a SPECIAL RESOLUTION:- as may be required, the consent of the Members be Approval of payment of remuneration to the and is hereby accorded for payment of commission Executive Director, who is Promoter or Member to the Non-Executive Directors of the Company of the promoter group in terms of Regulation up to a sum not exceeding 1% of the net profits of 17 (6)(e) of SEBI (Listing Obligations and Disclosure the Company, calculated in accordance with the Requirements) Regulations, 2015 provisions of Section 198 of the Companies Act, “RESOLVED THAT pursuant to the provisions of 2013 proportionately (on pro rata basis), for a period Section 197 of the Companies Act, 2013 read with of three financial years, beginning with effect from Regulation 17(6)(e) of SEBI (Listing Obligations and the Financial Year 2026-27; Disclosure Requirements) Regulations, 2015, as RESOLVED FURTHER THAT where in any amended and other applicable provisions, if any, and as financial year ending on or after 31st March, 2027, approved by the Audit Committee and subsequen [Showing first 8,000 characters — download PDF for full document]