Shareholders meeting

Date: July 16, 2026 To, To, The Manager-CRD National Stock Exchange of India Limited BSE Limited The Corporate Relation Department, Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C/1, G Block Dalal Street, Fort Bandra – Kurla Complex Mumbai-400001 Bandra (E) Mumbai – 400 051 Ref.: Script Code 521220 Script Symbol : DAMODARIND Sub.: Notice of the 38th Annual General Meeting scheduled to be held on Saturday, August 08th, 2026. Dear Sir/Madam Please find enclosed herewith a Copy of the Notice of the 38th Annual General Meeting Schedule to be held on Saturday, August 08th, 2026 at 11.30 A.M through Video Conference along with instructions providing Instameet Platform for conducting 38th AGM through VC/OAVM (Including Instapoll i.e electronic voting) at 38th AGM. You are requested to kindly take the same on your record. Thanking You, Yours faithfully, For Damodar Industries Limited Aditya Biyani Director DIN: 10304061 5 YEARS SNAP SHOT (Rs. in Cr.) Particulars 2025 2 6 2024 -2 5 2023-2 4 2022-2 3 2021-2 2 Turnover 430.03 421.44 715.38 682.79 908.61 Tota l Incom e 439.55 446.65 740.59 696.46 911.36 Tota l Expense s 433.11 443.25 734.35 694.55 829.68 PBDIT 41.42 44.16 57.57 50.72 81.68 Interest 17.81 20.81 29.57 25.83 28.88 PBDT 23.62 23.35 28.00 24.89 52.8 Depreciation 17.18 19.96 21.77 22.98 23.57 PBT 6.44 3.40 6.23 1.91 29.21 Tax 1.07 -2.00 1.01 1.11 10.86 PAT 5.37 5.40 5.22 0.8 18.35 Earnings Pe r Sha re 2.31 2.32 2.24 0.34 7.88 (EPS ) Equity Shar e Capi tal 11.65 11.65 11.65 11.65 11.65 Dividen d ( %) 0 0 0 0 10% Important Communication to Members The Ministry of Corporate Affairs has taken a “Green Initiative in the Corporate Governance” by allowing paperless compliances by the companies and has issued circulars stating that service of notice/documents including Annual Report can be sent by e-mail to its members. To support this green initiative of the Government in full measure, members who have not registered their e-mail addresses, so far, are requested to register their e-mail addresses, in respect of electronic holdings with the Depository through their concerned Depository Participants. Members who hold shares in physical form are requested to register their e-mail addresses to the Company or its Registrar and Share Transfer Agents (RTA). You are requested to send an e-mail to cs@damodargroup.com for register your e-mail ID with Name of 1st registered shareholder, Folio/DP ID & Client ID. On registration, all the communication will be sent to the e-mail ID registered in the Folio/DP ID & Client ID. Annual Report 2025-26 1 CORPORATE INFORMATION Board of Directors Mr. Sheetal Prashad Singhal Chief Financial Officer Mr. Arunkumar Biyani Chairman (DIN:00016519) Mr. Subrat Shukla Company Secretary & Compliance Officer Mr. Aman Biyani Managing Director (DIN:09131437) Auditors M/s. Devpura Navlakha & Co. Chartered Mr. Aditya Biyani Accountants Executive Director (DIN:10304061) Cost Auditors M/s. Dilip M. Bathija Cost Accountants Mr. Ketan K. Patel Independent Director (DIN:08607454) Banks State Bank of India Mrs. Mamta A. Biyani HDFC Bank Ltd. Independent Director (DIN:01850136) Standard Chartered Bank ICICI Bank Ltd. Mr. Pankaj Srivastava Independent Director (DIN:06716582) Plant Location T-26, Add. Textile Park (MIDC Amravati) Amravati, Mr. Suresh Narayan Nayak Maharashtra - 444605 Independent Director (DIN: 11588687) Registered Office Damodar Industries Limited 19/22 & 27/30, Madhu Estate, Pandurang Budhkar Marg, Worli, Table of Contents Page Mumbai – 400 013 Maharashtra. Notice 3 Tel.: 022-49763203 Board’s Report 19 E-mail: E-mail: cs@damodargroup.com Report on Corporate Governance 38 Website: www.damodargroup. com Management Discussion & Analysis 59 Registrar & Share Transfer Agent Independent Auditor’s Report 63 MUFG Intime India Private Limited Balance Sheet 70 (Formerly known as Link Intime India Pvt. Limited) Statement of Profit and Loss Account 71 Address Cash Flow Statements 73 C-101, Embassy 247, L.B.S. Marg, Vikhroli (W), Notes to Financial Statem ent 74 Mumbai – 400083 Tel. No.: +91 810 811 6767 Website: https://in.mpms.mufg.com/ Link to Raise Service Requests/Queries: https://web.in.mpms.mufg.com/helpdesk/ Service_Request.html DAMODAR INDUSTRIES LIMITED Reg. 19/22 & 27/30, Madhu Estate, Pandurang Budhkar Marg, Worli, Mumbai – 400 013 CIN: L17110MH1987PLC045575, Tel. No. – 22-49763203 E-Mail – cs@damodargroup.com website: ww.damodargroup.com NOTICE The Thirty Eight Annual General Meeting (AGM) of the Members of Damodar Industries Limited (“Company”) will be held on Saturday, August 08, 2026 through Video Conferencing(‘VC’) / Other Audio Visual Means (‘OAVM’) at 11:30 a.m. to transact the following business(es): ORDINARY BUSINESS 1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial year ended 31 March, 2026 together with the Reports of the Board of Directors and the Auditors thereon. 2. To appoint a Director in place of Mr. Aditya Biyani (DIN: 10304061), who retires by rotation and, being eligible, offers himself for re- election. SPECIAL BUSINESS 3. To fix remuneration payable to the Cost Auditors for the financial year 2026-27 and in this regard to consider and, if thought fit, to pass with or without modification(s) the following resolution as an Ordinary Resolution:- “RESOLVED THAT in accordance with the provisions of Section 148 of the Companies Act, 2013 read with Rule 14 of the Companies (Audit and Auditors) Rules, 2014 and the Companies (Cost Records and Audit) Rules, 2014 and other applicable provisions, if any and as recommended by the Audit Committee, the Company hereby approves the remuneration payable of Rs. 50,000/- (Rupees Fifty Thousand Only) exclusive of out-of-pocket expenses to be paid to Mr. Dilip M. Bathija, Cost accountants (Mem. No. 10904) Cost Auditor appointed by the Board of Directors of the Company to conduct audit of the cost accounting records of the Company for the financial year 2026-27. FURTHER RESOLVED THAT any Director and/or Company Secretary of the Company be and is/are hereby authorized to file necessary forms with Registrar of Companies and to do all such act, deeds and things as may be considered necessary to give effect to the above said resolution.” Registered Office: By Order of the Board of Directors 19/22 & 27/30, Madhu Estate, For Damodar Industries Limited Pandurang Budhkar Marg, Worli, Mumbai – 400 013 Sd/ Subrat Shukla Place : Mumbai Company Secretary Date : 15th May,2026 Annual Report 2025-26 3 NOTES: 1. Holding of AGM through VC/OAVM and related information: The Ministry of Corporate A airs (MCA) vide its General Circular No. 20/2020 dated 05 May, 2020, read with other relevant circulars on the subject, including General Circular No. 03/2025 dated 22 September, 2025 (collectively referred to as ‘MCA Circulars’) has permitted the holding of the Annual General Meeting (AGM) through Video Conferencing (VC)/Other Audio-Visual Means (OAVM), without the physical presence of the Members at a common venue. In compliance with the provisions of the Companies Act, 2013 (Act), SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (SEBI Listing Regulations) and MCA Circulars, the Thirty-Eighth AGM of the Company is being held through VC/OAVM on 8th August, 2026 at 11.30 A.M. (IST). The deemed venue for Damodar Industries Limited 19/22 & 27/30, Madhu Estate, Pandurang Budhkar Marg, Worli, Mumbai – 400 013, Maharashtra. 2. Pursuant to the provisions of the Companies Act, 2013, a member entitled to attend and vote at the Annual General Meeting is entitled to appoint a proxy to attend and vote on his/her behalf and the proxy need not be a Member of the Company. Since this AGM is being held pursuant to the MCA Circulars through VC/OAVM, physical attendance of Members has been dispensed with. Accordingly, the facility for appointment of proxies by the Members will not be available for the Annual General Meeting and hence [Showing first 8,000 characters — download PDF for full document]