SUMMARY OF PROCEEDING OF 32ND AGM

Date: 24.10.2026 BSE Ltd. Phiroze Jeejeebhoy Towers, Dalal Street, Kala Ghoda Fort, Mumbai, Maharashtra - 400 001 Scrip Code: 530663 Script Symbol: GOYALASS Sub: Proceedings of the 32nd Annual General Mee(cid:415)ng held on 24th October, 2026 In accordance with the provisions of Regula(cid:415)on 30 of the SEBI (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015, please find enclosed herewith proceedings of the 32nd Annual General Mee(cid:415)ng of the Company held on 24th October, 2026. We request you to kindly take the same on record. Thanking you, Yours faithfully, For Goyal Associates Limited Ajay Solanki Managing Director DIN: 11930681 Head (O): D-909, Titanium City Centre, Near Sachin Tower, Satellite, Ahmedabad, Gujarat – 380015 CIN: L74999GJ1994PLC023281 Email: goyalbselimited@gmail.com web: www.goyalnbfc.in Phone No: 07946080724 SUMMARY OF PROCEEDINGS OF THE 32ND ANNUAL GENERAL MEETING OF GOYAL ASSOCIATES LIMITED The 32nd Annual General Mee(cid:415)ng (“AGM”) of the Members of Goyal Associates Limited (“the Company”) was held on Saturday, 24th October 2026 at 1:00 P.M. through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”), in accordance with the applicable circulars and guidelines issued by the Ministry of Corporate Affairs and the Securi(cid:415)es and Exchange Board of India. Mr. Abhik Jain, Company Secretary, welcomed the Members and informed that the requisite quorum was present through Video Conferencing and accordingly declared the mee(cid:415)ng to be duly cons(cid:415)tuted. The mee(cid:415)ng was chaired by Mr. Ankush Pandey, Independent Director of the Company. The Directors and Key Managerial Personnel present at the mee(cid:415)ng included Mr. Ajay Solanki, Ms. Anupriya Bhaskar, Mr. Raghuram Reddy, Mr. Satya Narayana Gogula and Mr. Gajjala Kranthikumar Reddy. The representa(cid:415)ves of M/s. Ankur Gandhi and Associates, Prac(cid:415)sing Company Secretaries, Secretarial Auditors, and M/s. R S R V and Associates, Chartered Accountants, Statutory Auditors for FY 2025-26, also a(cid:425)ended the AGM through VC. Since the AGM was conducted through VC/OAVM, the facility for appointment of proxies was not applicable. The Chairman addressed the Members and provided an overview of the economic and NBFC sector, the performance of the Company during FY 2025-26, its business outlook, strategic priori(cid:415)es, regulatory compliance and governance framework. With the consent of the Members, the No(cid:415)ce convening the AGM and the Annual Report, including the Audited Financial Statements for the financial year ended 31st March 2026, were taken as read. The following items of business as set out in the No(cid:415)ce of the AGM were taken up for considera(cid:415)on and approval of the Members: Ordinary Business 1. Adop(cid:415)on of Audited Financial Statements To consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March 2026, together with the Board’s Report and Auditor’s Report thereon. Nature of Resolu(cid:415)on: Ordinary Resolu(cid:415)on. 2. Re-appointment of Director liable to re(cid:415)re by rota(cid:415)on To appoint a director in place of Mr. Vuppala Naga Malleswara Rao (DIN: 08858080), who re(cid:415)res by rota(cid:415)on and, being eligible, offered himself for re-appointment. Nature of Resolu(cid:415)on: Ordinary Resolu(cid:415)on. Head (O): D-909, Titanium City Centre, Near Sachin Tower, Satellite, Ahmedabad, Gujarat – 380015 CIN: L74999GJ1994PLC023281 Email: goyalbselimited@gmail.com web: www.goyalnbfc.in Phone No: 07946080724 Special Business 3. To shi(cid:332) the Registered Office of the Company Shi(cid:332)ing of the Registered Office of the Company outside the local limits of Exis(cid:415)ng City, but within the State of Gujarat. Nature of Resolu(cid:415)on: Special Resolu(cid:415)on. 4. Appointment of Mr. Ajay Solanki DIN:11930681 as a Director and Managing Director of the Company To approve the appointment of Mr. Ajay Solanki DIN:11930681 as a Director and Managing Director of the Company for a term of five years with effect from 08th September 2026. Nature of Resolu(cid:415)on: Special Resolu(cid:415)on. 5. Appointment of Mr. Ankush Madan Pandey (DIN:11855729) as an Independent Director of the Company To approve the appointment of Mr. Ankush Madan Pandey (DIN:11855729) as an Independent Director of the Company for a term of five years with effect from 08th September 2026. Nature of Resolu(cid:415)on: Special Resolu(cid:415)on. 6. Increase in the Authorised Share Capital of the Company Increase in the Authorised Share Capital of the Company and consequen(cid:415)al amendment of the Capital Clause of the Memorandum of Associa(cid:415)on of the Company. Nature of Resolu(cid:415)on: Ordinary Resolu(cid:415)on. The Members were informed regarding the procedure for e-vo(cid:415)ng at the AGM. Members who had already cast their votes through remote e-vo(cid:415)ng were not en(cid:415)tled to vote again at the AGM. The e- vo(cid:415)ng facility was made available to eligible Members a(cid:425)ending the AGM for a period of 15 minutes. Therea(cid:332)er, the Chairman thanked all the Members, Directors, Key Managerial Personnel, Auditors, professionals and other stakeholders for their par(cid:415)cipa(cid:415)on and support. The 32nd Annual General Mee(cid:415)ng was therea(cid:332)er concluded with a vote of thanks. The vo(cid:415)ng results of the resolu(cid:415)ons considered at the AGM shall be announced within the prescribed period and will be in(cid:415)mated to the Stock Exchanges and uploaded on the Company's website. The Mee(cid:415)ng concluded at 01.11 p.m. For Goyal Associates Limited Ajay Solanki Managing Director DIN: 11930681 Head (O): D-909, Titanium City Centre, Near Sachin Tower, Satellite, Ahmedabad, Gujarat – 380015 CIN: L74999GJ1994PLC023281 Email: goyalbselimited@gmail.com web: www.goyalnbfc.in Phone No: 07946080724