Pursuant to Regulation 30 read with para A of part A of Schedule III of SEBI(Listing Obligations and Disclosure Requirements), Regulations, 2015, please find attached Notice convening the ....

July 30, 2026 BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Dalal St, Kala Ghoda, Fort, Plot No. C/1, G Block, Mumbai - 400001 Bandra Kurla Complex, BSE Scrip Code No. 507880 NSE Symbol – VIPIND Subject: Notice convening 59th Annual General Meeting of V.I.P. Industries Limited for the Financial Year 2025-26 Dear Sir/Madam, Pursuant to Regulation 30 read with para A of Part A of Schedule III of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), please find attached herewith the Notice along with the Explanatory Statement of the 59th Annual General Meeting of the Company to be held on Friday, August 21, 2026 at 02:30 p.m. (IST) through Video Conference / Other Audio Visual Means. The Notice of the 59th Annual General Meeting is also available on the website of the Company at https://vipindustries.co.in/storage/agms/July2026/VIP%20AR%20FY26_Notice_29.07.26.pdf Kindly take the same on your record and display the same on the website of the Stock Exchange. Thanking you, Yours faithfully, For V.I.P. INDUSTRIES LIMITED Atul Jain Managing Director DIN: 07434943 Encl: As above Registered Office: DGP House, 5th Floor, 88C, Old Prabhadevi Road, Mumbai 400 025. INDIA. TEL: +91 (22) 66539000 FAX: +91 (22) 66539089, EMAIL: corpcomm@vipbags.com WEB: www.vipbags.com CIN - L25200MH1968PLC013914 Notice NOTICE NOTICE is hereby given that the Fifty-Ninth Annual General connection therewith or incidental thereto, to give Meeting (AGM) of the Members of V.I.P. INDUSTRIES effect to the foregoing resolution.” LIMITED will be held on Friday, August 21, 2026, at 02:30 p.m. (IST) through Video Conferencing (“VC”)/Other Audio- SPECIAL BUSINESS Visual Means (“OAVM”) to transact the following business: 4. A pproval for waiver of recovery of excess managerial remuneration paid to Ms. Radhika ORDINARY BUSINESS: Piramal, Former Executive Director for the 1. To receive, consider, and adopt Financial Year 2025-26 (upto September 23, 2025) a. the Audited Standalone Financial Statements of To consider and if thought fit, to pass the following the Company for the financial year ended March resolution as a Special Resolution: 31, 2026, together with the Reports of the Board of Directors and Auditors thereon; and “RESOLVED THAT pursuant to the provisions of Section 197(10) of the Companies Act, 2013 read with b. the Audited Consolidated Financial Statements Schedule V and other applicable provisions, if any of of the Company for the financial year ended the Companies Act, 2013 (“the Act”) and the Rules March 31, 2026, together with the Report of made thereunder, including any statutory modification Auditors thereon. thereof and pursuant to the recommendation of Nomination and Remuneration Committee and Board 2. To appoint a Director in place of Mr. Sridhar of Directors of the Company, consent of the Members Sankararaman (DIN: 06794418), Non-Executive, Non- of the Company be and is hereby accorded to ratify and Independent Director, who retires by rotation and confirm waiver of the recovery of excess remuneration being eligible, seeks re-appointment. of ` 1,53,76,063/- (Rupees One Crore Fifty Three Lakh Seventy Six Thousand Sixty Three only), paid to Ms. 3. Appointment of M/s. Deloitte Haskins & Sells Chartered Radhika Piramal (DIN: 02105221), Former Executive Accountants LLP, Chartered Accountants (Firm Director of the Company, during the Financial Year Registration No: 117364W/W100739) as the Statutory 2025-26 (upto September 23, 2025), which is in excess Auditors of the Company. of the limits prescribed under Section 197(1) of the Act read with Section II (A) of Part II of Schedule V to the To consider and, if thought fit, to pass the following Act, in view of the loss for the financial year 2025- resolution as an Ordinary Resolution: 26 and within the limits as approved by the Members of the Company by way of Special resolution passed “RESOLVED THAT pursuant to the provisions of through Postal ballot on May 05, 2024. Sections 139, 141, 142 and other applicable provisions, if any, of the Companies Act, 2013 read with the RESOLVED FURTHER THAT the Board of Directors of Rules framed thereunder as amended from time to the Company be and is hereby authorized to do all such time (including any statutory modification(s) or re- acts, deeds, matters, and things as may be considered enactment thereof for the time being in force) and necessary or desirable to give effect to this resolution based on the recommendation of Audit Committee and in this regard.” the Board of Directors, M/s. Deloitte Haskins & Sells Chartered Accountants LLP, Chartered Accountants 5. A pproval for waiver of recovery of excess (Firm Registration No: 117364W/W100739) be and managerial remuneration paid to Ms. Neetu are hereby appointed as the Statutory Auditors of the Kashiramka, Former Managing Director, for the Company, to hold office for a term of five consecutive Financial Year 2025-26 (upto September 23, years from the conclusion of this 59th Annual General 2025) Meeting (AGM) until the conclusion of the 64th AGM To consider and if thought fit, to pass the following of the Company, on such remuneration as may be resolution as a Special Resolution: mutually agreed upon between the Board of Directors and the Statutory Auditors. “RESOLVED THAT pursuant to the provisions of Section 197(10) of the Companies Act, 2013 read with RESOLVED FURTHER THAT the Board or any duly Schedule V and other applicable provisions, if any of constituted Committee of the Board, be and is hereby the Companies Act, 2013 (“the Act”) and the Rules authorised to do all acts, deeds, matters and things made thereunder, including any statutory modification as may be deemed necessary and/or expedient in thereof and pursuant to the recommendation of Nomination and Remuneration Committee and necessary or desirable to give effect to this resolution Board of Directors of the Company, consent of the in this regard.” Members of the Company be and is hereby accorded to ratify and confirm waiver of the recovery of excess 7. A ppointment of Ms. Vaishali Shrikant Bhat remuneration of `3,72,34,972/- (Rupees Three Crore (DIN: 11385751) as Non-Executive, Independent Seventy Two Lakh Thirty Four Thousand Nine Hundred Director of the Company Seventy Two only), paid to Ms. Neetu Kashiramka (DIN: To consider and if thought fit, to pass the following 01741624) Former Managing Director of the Company, resolution as a Special resolution: during the Financial Year 2025-26 (upto September 23, 2025), which is in excess of the limits prescribed “RESOLVED THAT pursuant to the provisions of under Section 197(1) of the Act read with Section II (A) Sections 149, 150, 152, 160 and 161 read with Schedule of Part II of Schedule V to the Act, in view of the loss IV and other applicable provisions, if any, of the for the financial year 2025-26 and within the limits Companies Act, 2013 (“the Act”), and the Companies as approved by the Members of the Company by way (Appointment and Qualifications of Directors) of Special resolution passed through Postal ballot on Rules, 2014, Regulation 16 (1)(b) and Regulation September 24, 2023. 17 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing RESOLVED FURTHER THAT the Board of Directors of Regulations”) (including any statutory modification(s) the Company be and is hereby authorized to do all such or amendments(s) or re-enactment(s) thereof for the acts, deeds, matters, and things as may be considered time being in force), the Articles of Association of the necessary or desirable to give effect to this resolution Company, and pursuant to the recommendation of in this regard.” the Nomination and Remuneration Committee and the Board of Directors (“Board”), Ms. Vaishali Shrikant Bhat 6. A pproval for waiver of recovery of excess (DIN: 11385751) who was appointed as an Additional managerial r [Showing first 8,000 characters — download PDF for full document]