Annual Report of India Gelatine & Chemicals Limited for the Financial year 2025-2026.

INDIA GELATINE & CHEMICALS LIMITED CIN: L99999GJ1973PLC002260 Corporate Office: 77-78-79, Mittal Chambers, 7th Floor, 228, Nariman Point, Mumbai – 400 021 Tel: +91-22-2202 0341 | E-mail: investor@indiagelatine.com | Website: www.indiagelatine.com 29th July, 2026 BSE Limited Department of Corporate Services – CRD, PJ Towers, Dalal Street, Mumbai 400 001 BSE (Scrip Code: 531253)/ (Scrip Id: INDGELA) Dear Sir/Madam, Subject: Annual Report for the Financial Year 2025-26. This is with reference to our disclosure dated 21st May, 2026, wherein the Company had informed that the 54th Annual General Meeting ("AGM") of India Gelatine & Chemicals Limited is scheduled to be held on Tuesday, 25th August, 2026, through Video Conferencing ("VC")/) / Another Audio-Visual Means ("OAVM"). In continuation thereof, and Pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Annual Report of India Gelatine & Chemicals Limited for the Financial Year 2025–26, which has been sent through electronic mode to those Members whose e-mail addresses are registered with the Company/Registrar and Share Transfer Agent/Depository Participant(s). The Annual Report for the Financial Year 2025–26 is also available on the website of the Company at www.indiagelatine.com and on the website of Central Depository Services (India) Limited (CDSL) at www.evotingindia.com. Kindly take the above information on record and acknowledge the same. Yours faithfully, For India Gelatine and Chemicals Limited Sejal Anup Shah Company Secretary & Compliance Officer Membership No: A55588 Encl.: As above Reg. Office: 703/704, `Shilp’, 7th Floor, Near Municipal Market, Sheth C.G. Road, Navrangpura, Ahmedabad – 380 009 Tel: +91-79-26469514 | E-mail: igcl@indiagelatine.com 54th Annual Report 2025-26 I G C L NDIA ELATINE & HEMICALS IMITED INDIA GELATINE & CHEMICALS LIMITED CONTENTS Page No/s. Board of Directors -- -- -- -- 03 Financial Highlights -- -- -- -- 04-05 Notice -- -- -- -- 06-21 Directors’ Report -- -- -- -- 22-49 Corporate Governance Report -- -- -- -- 50-69 Independent Auditors’ Report -- -- -- -- 71-79 Balance Sheet -- -- -- -- 80 Statement of Profit and Loss -- -- -- -- 81 Cash Flow Statement -- -- -- -- 82 Statement of change in Equity -- -- -- -- 83 Notes to the Financial Statements -- -- -- -- 84-120 54th Annual Report 2025-26 | 1 INDIA GELATINE & CHEMICALS LIMITED INTERNAL AUDITORS: BOARD OF DIRECTORS P.B. Singh & Associates (Chartered Accountants) 202-203, Gopal Madhav Place, CHAIRMAN Mr. Annamalai Sankaralingam Shinde ki Chhawani, Lashkar, Gwalior - 474001 VICE – CHAIRMAN Mr. Maheswaran Sankaralingam SECRETARIAL AUDITORS: Samdani Shah & Kabra (Company Secretaries) EXECUTIVE DIRECTOR 1213-1214, Ganesh Glory, Nr. Jagatpur Crossing, Mr. P. Velmurugan (w.e.f. December 1, 2025) Beside Ganesh Genesis, Off. S.G. Highway, Mr. Abhay Kumar Jha (upto November 30, 2025) Ahmedabad-382481 NON-EXECUTIVE NON-INDEPENDENT DIRECTOR Mr. Niranjan Sankar Annamalai REGISTERED OFFICE: 703/704, ‘Shilp’, 7th Floor, Near Municipal Market, INDEPENDENT DIRECTORS: Sheth C.G. Road, Navrangpura, Ahmedabad - 380 009 Mr. Balasubramanian Vijayadurai Tel: (079) 26469514 Mr. Kaliappan Balakrishnan Website: www.indiagelatine.com Mrs. Shivavel Ezhil Jothi CIN: L99999GJ1973PLC002260 Mr. Uppili Rajan Babu AUDIT COMMITTEE: INVESTORS RELATIONS E-MAIL ID: Mr. Balasubramanian Vijayadurai (Chairman) investor@indiagelatine.com Mrs. Shivavel Ezhil Jothi Mr. Uppili Rajan Babu HEAD OFFICE: NOMINATION AND REMUNERATION COMMITTEE: 77/78/79, Mittal Chambers, 228, Nariman Point, Mr. Balasubramanian Vijayadurai (Chairman) Mumbai - 400 021. Mr. Annamalai Sankaralingam Tel: +91-22-22020341. Mrs. Shivavel Ezhil Jothi E-mail: igcl@indiagelatine.com STAKEHOLDER RELATIONSHIP COMMITTEE: Mr. Niranjan Sankar Annamalai (Chairman) FACTORY: Mr. Balasubramanian Vijayadurai Plot No.1A, GIDC Industrial Estate, Mrs. Shivavel Ezhil Jothi National Highway No.8, Mr. P. Velmurugan Vapi - 396 195 (Gujarat) CORPORATE SOCIAL RESPONSIBILITY COMMITTEE: Mr. Annamalai Sankaralingam (Chairman) REGISTRAR & SHARE TRANSFER AGENT Maheswaran Sankaralingam M/s. MUFG INTIME (INDIA) PVT. LTD. Mr. Balasubramanian Vijayadurai C-101, 247 Park, L.B.S. Marg, Mr. P. Velmurugan Vikhroli (West), Mumbai – 400 083 Tel No: 8108116767 CHIEF FINANCIAL OFFICER: E-mail id: rnt.helpdesk@in.mpms.mufg.com Mr. Valan Raja Nadar (w.e.f. February 10, 2026) Website: www.in.mpms.mufg.com Ms. Vishakha H. Purohit (upto January 31, 2026) COMPANY SECRETARY & COMPLIANCE OFFICER: 54th ANNUAL GENERAL MEETING: Ms. Sejal Anup Shah (w.e.f. September 3, 2025) Tuesday, August 25, 2026 at 11.00 A.M. Mrs. Tanaya T. Daryanani (upto June 20, 2025) Through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”) STATUTORY AUDITORS: Mahendra N. Shah & Co (Chartered Accountants) Book Closure: Wednesday, August 19 2026 to 201, Pinnacle Business Park, Corporate Road, Tuesday, August 25, 2026 (both days inclusive) Near AUDA Garden, Prahaladnagar Ahmedabad -380015 Gujarat, India 2 | 54th Annual Report 2025-26 INDIA GELATINE & CHEMICALS LIMITED BOARD OF DIRECTORS MR. ANNAMALAI SANKARALINGAM Chairman (Non-Executive, Non-Independent Director) He is a Chemical Engineer with over five decades of experience in the chemical manufacturing industry. He has played a pioneering role in establishing leading chemical and renewable energy businesses and has been instrumental in the growth of the gelatine industry through Pioneer Jellice India Private Limited. He provides strategic leadership and valuable guidance to the Board. MR. MAHESWARAN SANKARALINGAM Vice-Chairman (Non-Executive, Non-Independent Director) He is a Commerce graduate with over five decades of experience in managing manufacturing businesses. He has extensive expertise across safety matches, textiles, chemicals and renewable energy industries and contributes significantly to the Company’s strategic direction. MR. NIRANJAN SANKAR ANNAMALAI Non-Executive, Non-Independent Director He is a B.Tech graduate from IIT Delhi and an MBA from IIM Bangalore. He has over two decades of experience in manufacturing and business management and has played a key role in expanding the gelatine business through international operations and strategic initiatives. He is the Chairman of the stakeholder Committee of the Board. MR. P. VELMURUGAN Executive Director He is a Chemical Engineer with a PGDM in Operations Management and an MDP from IIM Ahmedabad. He has over 27 years of experience in the pharmaceutical and specialty chemicals industries, with expertise in manufacturing, operational excellence, project management, business development and strategic planning. MR. BALASUBRAMANIAN VIJAYADURAI Non-Executive, Independent Director He is a Chartered Accountant with a Master’s degree in Commerce. He has extensive experience in accounting, auditing, taxation, financial management and corporate governance, and provides valuable financial and regulatory expertise to the Board. He is the chairman of the Audit Committee of the Board. MR. UPPILI RAJAN BABU Non-Executive, Non-Independent Director He is a Company Secretary with a Master’s degree in International Commercial Law and over 45 years of experience in legal, corporate governance, finance and regulatory compliance. He has significant expertise in mergers and acquisitions, corporate restructuring and cross-border commercial transactions. MRS. SHIVAVEL EZHIL JOTHI Non-Executive, Independent Director She is a Fellow Member of the Institute of Company Secretaries of India and a Registered Valuer. She has extensive experience in corporate laws, compliance, valuation and corporate governance, bringing valuable governance expertise to the Board. MR. KALIAPPAN BALAKRISHNAN Non-Executive, Independent Director He is a Commerce graduate with rich experience in business and corporate management. He provides strategic guidance and independent oversight, contributing to the Co [Showing first 8,000 characters — download PDF for full document]