Shareholders meeting

Date: 24.06.2026 National Stock Exchange of India Ltd. Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E) Mumbai – 400 051 Dear Sir / Madam, Sub: Proceedings of the 29th Annual General Meeting of the Company held on June 2024, 2026 Ref: Intimation under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") We refer to our letter dated May 26, 2026, informing you about the 29th Annual General Meeting (‘AGM’) of the Members of the Company scheduled through Video Conference (VC) / Other Audio-Visual Means (OAVM) on June 24, 2026. In this regard, we write to inform that the AGM was held on Wednesday, 24th June, 2026, through VC/OAVM, in compliance with related circulars issued by Ministry of Corporate Affairs, Securities and Exchange Board of India (‘SEBI’) and other applicable provisions of the Companies Act, 2013. In accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the summary of proceedings of 29th AGM of the Company held on June 24, 2026. The meeting commenced at 11.00 A.M. and concluded at 11: 28 A.M. This is for your information and record. We kindly request you to take the above submission on record. Thanking you. Yours sincerely, For Madhya Bharat Agro Products Ltd (Pallavi Sukhwal) Company Secretary Registered Off. - Wing A/1, 1st Floor, Ostwal Heights, Urban Forest, Atun, Bhilwara 311802 Ph.: 01482-237104 Works: Village Rajoua, Dist. Sagar 470002 (M.P.) Mob. 09329846672 Summary of Proceeding of 29th Annual General Meeting of Madhya Bharat Agro Products Limited The 29th Annual General Meeting (AGM or Meeting) of the Members of the Madhya Bharat Agro Products Limited (‘the Company’) was held on Wednesday, 24th day of June 2026 at 11.00 A.M. IST, through Video Conferencing (VC), in compliance with the circulars issued by Ministry of Corporate Affairs under the applicable provisions of the Companies Act, as well as SEBI Regulations. Ms. Pallavi Sukhwal, Company Secretary, welcomed the members to the 29th Annual General Meeting of the Company on virtual platform and introduce the Directors and briefed them on details relating to their participation at the Meeting through audio- visual means and Evoting. The Company has also provided the facility of "E-Voting" on all the resolutions during AGM only for the shareholders who have joined the meeting through Video Conference/Other Audio-Visual Means and not casted vote through "Remote e-voting". All the Directors of the Company were present in the Meeting. She then requested, Mr. Mahendra Kumar Ostwal, Chairman to conduct the proceedings. Mr. Mahendra Kumar Ostwal, Chairman of the Board, chaired the AGM. The Chairman welcomed the Members to the AGM and on requisite quorum being present, called the AGM to order. The Chairman informed the Members that, the proceedings of the AGM were also being webcast and could be viewed live by Members by logging on to the website of the National Securities Depository Limited (‘NSDL’). The Company had taken requisite steps to enable Members to participate and vote on the business to be transacted at the AGM. With the consent of members present, the Notice of the Meeting, Annual Report and the Auditor's Report for the financial year ended March 31, 2026 were taken as read. There were no qualifications, observations or adverse remarks in the Report of the Statutory Auditors. Registered Off. - Wing A/1, 1st Floor, Ostwal Heights, Urban Forest, Atun, Bhilwara 311802 Ph.: 01482-237104 Works: Village Rajoua, Dist. Sagar 470002 (M.P.) Mob. 09329846672 Subsequently the following businesses were taken at the Meeting as set out in the Notice of 29th Annual General Meeting: S. Type of Resolutions No. Resolution ORDINARY BUSINESS: 1. Ordinary To consider and adopt (a) the audited financial statement of the Company for the financial year ended March 31, 2026 2. Ordinary To declare dividend on equity shares for the Financial Year 2025-26. 3. Ordinary To appoint a director in place of Praveen Ostwal (DIN: 00412207), who retires by rotation and being eligible, offers himself for re-appointment. SPECIAL BUSINESS: 4. Ordinary To approve the Ratification of Remuneration of M/s K.C. Moondra & Associates, Cost Accountant of the Company for the financial year ending 31st March 2027 5. Special To approve an increase in Borrowing Powers of the Company under Section 180(1)(c) upto revised limit of Rs. 2500 Crores (Rupees Two Thousand Five Hundred Crores only) 6. Special To Approve an Increase in limits for selling, leasing or otherwise disposing of the whole or substantially whole of the undertaking and/or Creating Charge/Security over the Assets/Undertaking of the Company under Section 180(1)(c) upto revised limit of Rs. 2500 Crores (Rupees Two Thousand Five Hundred Crores only) 7. Special To approve Loans to Directors/Interested Parties) upto revised limit of Rs. 300.00 Crore (Rupees Three Hundred Crore Only) 8. Special To approve Continuation of Directorship of Mr. Paras Mal Surana as a Non-Executive Independent Director of the Company upon attaining the age of 75 years 9. Ordinary To approve Sub-division/ split of existing 1 (One) Equity Share of face value of Rs. 10/- (Rupees Ten Only) each fully paid up into 5 (Five) Equity Shares of face value of Rs. 2/- (Rupees Two Only) each fully paid up. Registered Off. - Wing A/1, 1st Floor, Ostwal Heights, Urban Forest, Atun, Bhilwara 311802 Ph.: 01482-237104 Works: Village Rajoua, Dist. Sagar 470002 (M.P.) Mob. 09329846672 10. Ordinary To approve Alteration of Capital Clause (Clause V) of the Memorandum of Association 11. Ordinary To approve material related party transactions between the Company and Ostwal Phoschem (India) Limited. 12. Ordinary To approve material related party transactions between the Company and Krishana Phoschem Limited. 13. Ordinary To approve material Related Party Transactions between the Company and Shri Ganpati Fertilizers Limited. 14. Special To approve raising of funds through issuance of securities or any other instruments or securities representing either equity shares and/or convertible securities linked to equity shares by way of private placement or preferential issue or public issue or rights issue or Qualified Institutions Placement or such other permissible mode or combinations thereof and Supersession of Earlier Approval. Further, no queries were received through the Question & Answer box from the members during the AGM. The Chairman then concluded the meeting and informed the Members that the e-voting facility would be available for 15 minutes after closure of the meeting. The Members were also informed that a consolidated report on total votes cast in favour and against above resolutions would be submitted within two working days and the same would be forthwith declared by the Company by notifying to the Stock Exchange and publishing it on its website www.mbapl.com and the website of NSDL www.evoting.nsdl.com. He also thanked all the Members, Directors and stakeholders for their participation in the meeting. The meeting concluded at 11:28 A.M (including time allowed for e-voting at AGM) after the members present at the meeting cast their votes. For Madhya Bharat Agro Products Ltd (Pallavi Sukhwal) Company Secretary M. No. A43744 Registered Off. - Wing A/1, 1st Floor, Ostwal Heights, Urban Forest, Atun, Bhilwara 311802 Ph.: 01482-237104 Works: Village Rajoua, Dist. Sagar 470002 (M.P.) Mob. 09329846672