Proceedings of the Annual General Meeting

AWL/SEC/SE/2026-27/35 23rd July, 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: Outcome of the 73rd Annual General Meeting for FY 2025-26 We wish to inform you that the 73rd Annual General Meeting (AGM) of our Company was held today i.e. on Thursday, 23rd July, 2026 through the electronic mode of video conferencing (VC), in accordance with the applicable circulars issued by the Ministry of Corporate Affairs (MCA) and the Securities & Exchange Board of India (SEBI). The AGM commenced at 11:30 AM (IST) and concluded at 12:31 PM (IST). In the said meeting, the business mentioned in the Notice of the 73rd Annual General Meeting dated 29th April, 2026 was transacted. The summary of the proceedings of the 73rd AGM, pursuant to Regulation 30 Part A Para A of Schedule III of SEBI (Listing Obligations & Disclosure Requirements) Regulation, 2015, are attached / enclosed as Annexure I. The details of the voting results (remote e-voting and e-voting at the AGM), along with the Scrutinizer’s Report, will be submitted to the Stock Exchanges and uploaded on the Company’s website in due course, in accordance with the applicable regulatory provisions. We hereby request you to make a note of it and acknowledge its receipt. Thanking you, Yours Sincerely, For ADOR WELDING LIMITED VINAYAK M. BHIDE COMPANY SECRETARY 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 Annexure I SUMMARY OF THE PROCEEDINGS OF 73RD ANNUAL GENERAL MEETING OF ADOR WELDING LIMITED The 73rd Annual General Meeting (AGM) of the Members of M/s. Ador Welding Ltd. (AWL) was held today i.e. on Thursday, 23rd July, 2026 at 11:30 AM (IST) through the electronic means of Video Conference (VC). The Company, while conducting the said Meeting, adhered to the various circulars, issued by the Ministry of Corporate Affairs (MCA), the Securities & Exchange Board of India (SEBI) and all the relevant provisions of the applicable statutes. Mrs. Ninotchka Malkani Nagpal, Executive Chairman, chaired the Meeting and started with the proceedings. Mrs. Ninotchka Malkani Nagpal welcomed all the Directors, officials and Shareholders participating / attending the Annual General Meeting, through electronic mode, from their respective locations. The Company's Statutory Auditors and Secretarial Auditors were also present in the Meeting through VC. The Directors introduced themselves to the Members, as requested by the Executive Chairman, Mrs. N. Malkani Nagpal. Mrs. Ninotchka Malkani Nagpal, Executive Chairman then called the Meeting to order as the requisite quorum was present. She informed the Members that 9 Members were present for the meeting through Video Conferencing (electronic mode), including 1 Promoters & Members of Promoter group, 78 Public Shareholders, 01 Corporate Representative from Promoter Group, holding 78,71,370 shares and 01 Corporate Representative from Public, holding 3,240 shares. The Company Secretary, Mr. V. M. Bhide, informed the Members that the Company has tied up with M/s. National Securities Depositories Limited (NSDL) to provide facility for voting through remote e-voting, e-voting at the AGM and for participation in the AGM through VC facility. He further informed the Members that the proceedings of the Meeting are being video recorded and live streamed, through webcast on National Depository System Limited’s (NSDL’s) website. Mr. V. M. Bhide then informed the Members that pursuant to the applicable provisions of the Companies Act, 2013, the Rules framed thereunder and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company had extended remote e-voting facility to the Members of the Company in respect to all the Resolutions (Ordinary & Special) set forth in the Notice, convening the 73rd Annual General Meeting, dated 29th April, 2026. The remote e-voting commenced on Monday, 20th July, 2026 at 09:00 AM (IST) and concluded on Wednesday, 22nd July, 2026 at 5:00 PM (IST). The Members were further informed that the facility of e-voting at the AGM is also being provided to the Members, who could not cast their vote through remote e-voting and requested the Members, who were present at the AGM, but had not cast their votes earlier through remote e-voting, to cast their vote during the AGM. Mr. V. M. Bhide thereafter informed the Members about the appointment of CS Mr. Hemanshu Kapadia of M/s. Hemanshu Kapadia & Associates, Practicing Company Secretaries, as the Scrutinizer to scrutinize the remote e-voting process, prior to the AGM and during the AGM in a fair & transparent manner. Mr. Kapadia was also present at the meeting through VC. The Registers, as required under the Companies Act, 2013 and other relevant documents, mentioned in the Notice were available for e-inspection in electronic mode. Since, there was no physical attendance of the Members and in compliance with the Circulars issued by MCA & SEBI, the requirement of appointing proxies was not available / applicable, except for attendance of the authorized representative of the Corporate Shareholder/s. The Chairman thereafter informed the Members that the Notice of the 73rd AGM, Directors’ Report, Financial Statement (Standalone & Consolidated) for the financial year ended 31st March, 2026, Statutory Auditor’s Reports thereon and Secretarial Audit Report can be taken as read, as the same had already been circulated amongst the Members and did not contain any Qualifications / Adverse Remark, requiring specific attention of the Members. The Chairman thereafter addressed all the Members through her speech, the Chairman’s Statement. [copy enclosed — Annexure I (b)] The following business, as set forth in the Notice, was thereafter transacted at the Meeting: SR. RESOLUTIONS TYPE OF MODE OF NO. RESOLUTION VOTING Ordinary Business 1. To receive, consider and adopt the Audited Standalone Financial Ordinary Remote evoting prior Statements of the Company for the Financial Year ended 31st Resolution to AGM and during the March 2026, along with the Reports of the Board of Directors AGM and the Auditors thereon. 2. To receive, consider and adopt the Audited Consolidated Ordinary Remote evoting prior Financial Statements of the Company for the Financial Year Resolution to AGM and during the ended 31st March 2026, along with the Report of the Auditors AGM thereon. 3. To declare dividend on equity shares for the financial year ended Ordinary Remote evoting prior 31st March 2026. Resolution to AGM and during the 4. To appoint a director in place of Mr. Ravin A. Mirchandani (DIN: Ordinary Remote evoting prior 00175501), who retires by rotation and being eligible, offers Resolution to AGM and during the himself for re-appointment. AGM 5. Ratification of remuneration payable to M/s. Kishore Bhatia & Ordinary Remote evoting prior Associates, Cost Accountants, Mumbai, as the Cost Auditor for the Resolution to AGM and during the financial year 2026-27 . AGM 6. Re- appointment of Mr. Aditya T. Malkani (DIN: 01585637), as Special Resolution Remote evoting prior the Managing Director of the Company . to AGM and during the 7. Approval of payment of remuneration to the Executive Director, Special Resolution Remote evoting prior who is Promoter or Member of the promoter group in terms of to AGM and during the Regulation 17 (6)(e) of SEBI (Listing Obligations and Disclosure AGM Requirements) Regulations, 2015. 8. Approval for payment of remuneration by way of commission Special Resolution Remote evoting prior to the Non – Executive Directors. to AGM and during the The Chairman thereafter invited the [Showing first 8,000 characters — download PDF for full document]