The minutes of the 31st AGM held on 29.09.2026 along with voting results are attached

NPL NARENDRA PROPERTIES LTD. R egd. Off. : Makanji House, 2nd Floor, # 49 (Old 25) Barnaby Road, Kilpauk, Chennai - 600 010. DATED: OCTOBER 13, 2026 THE BOMBAY STOCK EXCHANGE CORPORATE RELATIONSHIP DEPARTMENT 157 FLOOR, NEW TRADING WING ROTUNDA BUILDING PHIROZE JEEJEEBHOY TOWERS ~ DALAL STREET, MUMBAI — 400 001 Dear sir, Sub: Minutes of the 31*t Annual General Meeting held on 29 September 2026 Ref: Scrip code: 531416 We are sending herewith the certified copy of the Minutes of the Proceedings of the 31* AGM held on 29" September 2026. We request you to kindly take on record the same and acknowledge. Thanking you, Yours faithfully, FOR NARENDRA PROPERTIES LIMITED Choy Hy CHIRAG N,MAHER MANAGING DIRECTOR DIN: 00078373 Tel ; +91 - 44 - 4269 6600 / 4958 6600 / 2644 6600 / 2647 6600 E-mail : info@narendraproperties.com Website : www.narendraproperties.com MINUTES OF THE 3187 ANNUAL GENERAL MEETING OF THE MEMBERS OF M/s NARENDRA PROPERTIES LIMITED HELD ON TUESDAY, THE 29" OF SEPTEMBER 2026 AT 9.00 AM THROUGH VIDEO CONFERENCING (‘VC”) AND OTHER AUDIO-VISUAL MEANS (‘OAVM’) DIRECTORS, KMPs & AUDITORS PARTICIPATING THROUGH VC: SNO | NAME DESIGNATION I DIRECTORS: 1 Mr. MAHENDRA K MAHER Chairman & Non-Independent Director 2 Mr. CHIRAG N MAHER Managing Director 3 Mrs. KAVITA PATEL Independent Director 4 Mr. NARENDRA KUMAR LUNAWAT H | Independent Director 5 Mr. ARAVIND KUMAR AYUSH JAIN Independent Director 6 Mr. NISHANK SAKARIYA Non-Independent Director Il. KMPs OTHER THAN DIRECTORS: 1 Mr. JITESH D MAHER Chief Financial Officer 2 Mr. RISHABH HARAN Company Secretary & Compliance Officer lil AUDITORS: 1 CA. JAINENDAR P Statutory Auditors Mis Sanjiv Shah & Associates LLP, Chartered Accountants Z Ms. SNEHA JAIN Secretarial Auditor M/s Sneha Jain & Associates, Company Secretaries MEMBERS PRESENT THROUGH VC: AS PER VENUE ATTENDANCE REPORT SUBMITTED BY CDSL, A TOTAL OF 23 MEMBERS WERE PRESENT THROUGH VIDEO CONFERENCING The 3157 Annual General Meeting commenced at 9.00 A.M. 1. CHAIRMAN Mr. Mahendra K Maher, Chairman of the Board of Directors, occupied the Chair and commenced the proceedings. 2. QUORUM This 31st AGM was being conducted through VIDEO CONFERENCING (‘VC”) AND OTHER AUDIO-VISUAL MEANS (‘OAVM’). The Central Depository Services Limited (CDSL) has been engaged as the Technology Service Provider for facilitating this meeting through VC / OAVM. The Chairman informed the members that, as per the Venue Attendance Report furnished by CDSL, the quorum required for the meeting being present in adequate numbers the meeting was called to order. 3. NOTICE The Chairman informed the members that the 31% AGM is being conducted through Video Conferencing for the ease and convenience of all members and to ensure maximum participation. The Chairman further informed the members that the Notice dated August 11, 2026 convening the 31% annual general meeting, together with the annual report for financial year, 2025-26 was circulated to the members in electronic form in accordance with applicable MCA and requirements. The notice and annual report were also available on the company's website He further informed that the required newspaper advertisement was also made as required under the MCA / SEBI Circulars and that the AGM Notice along with Annual Report was hosted on the website of the Company and at the website of the stock exchange, BSE Ltd. 4. AUDITOR'S REPORT The Chairman informed the members that the Auditor's report issued by the Statutory Auditors M/s Sanjiv Shah & Associates LLP, Chartered Accountants, was already sent to all the members. The Auditors Report on the Financial Statements for the year ended 31% March 2026 is an un-modified (clean) report and as such, as per provisions of section 145 of the Companies Act, 2013, need not have to be read over at the meeting. With the permission of the members the Audit report was taken as read. 5. CHAIRMAN'S SPEECH Thereafter, Chairman requested Managing Director of the Company to deliver his speech to the members of the Company at the 31% AGM. 6. DISCUSSION ON AGENDA ITEMS The Chairman informed the members that they are now welcome to discuss the agenda items proposed in the Notice. The Chairman informed the members that the Company had received request from 4 (four) shareholders viz., Mr. Manjit Singh, Mr. Abhishek J, Mr. A. V. Mani Sundaram and Jaichand for allowing them to speak at the AGM. The names of the shareholders were registered as Speakers and upon being called out, it was noted that Mr. Manjit, the first speaker, had not participated in the meeting. The 2 Speaker was called upon, who along with the 3 and the 4" speaker placed the following suggestions / queries at the AGM to which the Chairman responded as follows: Summary of Shareholders’ Queries and Suggestions e Requested the management to take steps to reduce other expenses, legal and professional charges, audit fees, and overall expenditure. * Suggested conducting regular investor conference calls, quarterly presentations, and meetings to improve shareholder communication. e Requested that relevant statutory documents, including the Register of Members and Register of Key Managerial Personnel, be made accessible through the NSDL/CDSL platforms for online inspection. « Requested that future AGMs be conducted in hybrid mode to facilitate participation by senior citizens and shareholders facing digital access challenges, including local shareholders. e Sought clarification on measures to improve earnings per share (EPS), profitability, and shareholder returns. e Appreciated the consistent declaration of dividends and requested higher dividends, a special dividend, and consideration of a bonus issue or rights issue. e Sought details of the company’s future projects, expansion plans, ongoing investments, competitive strategy, and growth prospects. Requested details of the projects taken up during the year 2025-26. Sought clarification on the proposed authorisation under Section 186 of the Companies Act, 2013, relating to onded saiGeaitieat guarantees, and security, including the rationale and intended fdtGrec e Sought clarification on the increase in non-controlling interest and earnings per equity share, and the corresponding benefits to shareholders. e Enquired about the company’s current employee strength and the utilisation and benefits of artificial intelligence in its operations. Requested for an interactive virtual platform for AGM e Appreciated the company's annual report, corporate governance practices, CSR initiatives, and the accessibility of the Chairman and management team. e Requested the management to consider reinstating the hospitality arrangements extended to shareholders during earlier hybrid AGMs. Chairman’s Response e The management at Narendra P roperties Limited is very cautious as to negotiating and committing new ventures. And that it is happy that this is the 4th consecutive year of declaration of dividend e With regard to new projects and investment, the management is cautiously looking at signing up certain projects in the pipeline e For 2025-26, the NPL Grand Melody Project was successfully completed and all the apartments are sold out and the revenue details are available in the annual report e About conducting hybrid AGMs i.e., online and physical, the Board will follow BSE & SEBI Regulations. Further the Chairman also informed that the queries of the shareholders, received by the Company by email prior to the meeting have been replied and addressed duly by the Company via email. The meeting continued with discussions on the agenda items proposed at the meeting, the Chairman conducted further proceedings. 7. ELECTRONIC VOTING AND AGM VENUE VOTING The Chairman informed the members that as per the provisions of the Companies Act, 2013, members have been provided with an opportunity to cast votes through electronic means through the website maintained by CDSL www.evotingindia.com. The members have utilized this opportunity to cast the [Showing first 8,000 characters — download PDF for full document]