Shareholders meeting

Ref: VILSTEX/FY2027/23 Date: 30.07.2026 National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, 5th Floor, The Senior General Manager, Plot No. C/1G Block, Listing Compliances, Bandra Kurla Complex, Bandra (East), Floor 25, P. J. Towers, Dalal Street, Mumbai – 400 051 Mumbai – 400 001 Scrip Code – VISAKAIND Scrip Code – 509055 Dear Sir/Madam, Sub: Outcome / Summary of Proceedings of the 44th AGM of the Company held on July 30, 2026 Pursuant to Regulation 30 and 44 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the ‘Listing Regulations’), we hereby inform you that the 44th Annual General Meeting (AGM) of the Company was held on Thursday, July 30, 2026 at 03:30 PM (IST) through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”). In this regard we enclose herewith outcome / brief proceedings of the said 44th Annual General Meeting for your information and dissemination. This is for your information and records please. Thanking you, Yours faithfully, For VISAKA INDUSTRIES LIMITED Ramakanth Kunapuli Assistant Vice President & Company Secretary Encl. a/a. Summary of proceedings of the 44th Annual General Meeting of members of the Company The 44th Annual General Meeting (“AGM”) of Visaka Industries Limited (“the Company”) was held on Thursday, July 30, 2026 at 03:30 P.M. (IST) through Video Conferencing (“VC”)/Other Audio Visual Means (“"OAVM”) and concluded at 04:45 P.M. (IST) excluding 30 minutes time allowed for e-voting at AGM), in compliance with the applicable provisions of the Companies Act, 2013 and relevant circulars issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI). Following directors and officials of the Company participated through VC/OAVM- Sl. Name of the Directors / Officials DIN Designation Location No of Company 1 Dr. G. Vivek Venkatswamy 00011684 Chairman Chennur 2 Smt. Vanitha Datla 00480422 Independent Director Hyderabad 3 Shri G. Appnender Babu 00034681 Independent Director Hyderabad 4 Shri Sanjay Vijay Singh Jesrani 02306916 Independent Director Hyderabad 5 Shri Pravin Chelluri 10568107 Independent Director Dubai 6 Shri Gusti Jall Noria 00015561 Non-Independent & Non- Hyderabad Executive Director 7 Smt. G. Saroja Vivekanand 00012994 Managing Director Hyderabad 8 Dr. Vritika Gaddam NA Chief Business Strategist & Hyderabad Advisor to Chairman 9 Shri S. Shafiulla NA President (F&A) Hyderabad 10 Shri Ramakrishna Pendyala NA Sr. Vice President & CFO Hyderabad Since parliament is in session, Shri Vamsi Krishna Gaddam, Joint Managing Director and also a member of parliament (Lok Sabha) could not attend the meeting and informed the same. IN ATTENDANCE: Shri Ramakanth Kunapuli - Assistant Vice President & Company Secretary The following also present at the meeting through Video conference Sl. No Name of the Auditors/others Location 1 Shri Srikanth Pola – Partner Bengaluru M/s. Price Waterhouse & Co. Chartered Accountants LLP- Statutory Auditors 2 Shri Gopi Reddy Malyadri - Secretarial Auditors Hyderabad M/s. GMR & Associates 3 Shri B. V. Saravana Kumar Hyderabad Practicing Company Secretary/ Scrutinizer Members Present: - Total 81 members attended AGM through video conferencing. Mr. Ramakanth Kunapuli, Assistant Vice President & Company Secretary, welcomed the Chairman, other Board of Directors, Members and other KMPs to the Meeting and briefed about the statutory provisions and procedure relating to participation of members in the Meeting through Video conferencing or other audio- visual means (VC/OAVM). He also informed that the Company had provided remote e-voting facility to the members before the AGM and also till Thirty (30) Minutes from the conclusion of the AGM through M/s. National Security Depository Limited (“NSDL”) for the benefit of Members. He informed the members that chairperson(s) of Audit Committee, Nomination and Remuneration Committee, Risk Management Committee, Stakeholders relationship Committee and CSR Committee were present at the meeting. He also informed that the Registers as required under the Companies Act, 2013 were made available on the website of the Company for inspection. Later he requested the Chairman to preside over the meeting. Dr. Vivek Venkatswamy Gaddam, Chairman of the Board, chaired the Meeting and after confirming with the moderator that the requisite quorum being present called the Meeting to order. He then with the consent of the Members present declared the Notice convening the AGM and the reports of the statutory Auditors for the financial year ended March 31, 2026, were taken as read. He informed the members that there are no qualifications, observations, or adverse remarks in the reports of the Statutory and Secretarial Auditors. The Chairman in his address to the members, briefed about the performance and financials highlights of the Company for the Financial Year 2025-26, Final Dividend, Outlook of the business General Economic Scenario, prospects of products of the Company in the coming years. Chairman in his concluding remarks thanked all the stakeholders of the Company viz., Members, suppliers, customers, Government, Regulatory authorities, employees, Financial Institutions, Banks etc., for their support. Thereafter, Dr Vritika Gaddam, Chief Business strategist & Advisor to the Chairman, addressed the meeting. In her address she informed about outlook for the roofing business, growth opportunities for V-next Boards & panels business, ATUM solar roofing business and textiles business. She also covered in her speech about future capex plans of the Company and challenges posed by geopolitical developments, supply chain disruptions etc. She also thanked all the stakeholders for their continued support Later the members were informed that the following business vide Notice dated May 18, 2026, convening the 44th AGM of the Company was transacted through remote emoting and further informed that the members who could not vote in remote e-voting are allowed to vote on insta-poll up to Thirty Minutes from the conclusion of the meeting. Item Details of the Agenda Resolution Type Ordinary Business 1 To adopt the audited financial statements of the Company (both Ordinary standalone and consolidated) for the financial year ended March 31, 2026, and reports of the Board of Directors and Auditors’ thereon as on that date. 2 To declare a Final Dividend of Rs.1.20. per Equity Share of Rs. 2/- Ordinary for the Financial Year 2025-26. 3 To appoint a director in place of Shri Gusti Jall Noria Ordinary (DIN:00015561), who retired by rotation and being eligible, offers himself for reappointment Special Business 4 Ratification of Remuneration payable to the Cost Auditors M/s. Ordinary Sagar & Associates, (Firm Reg No. 000118), Cost Accountants, Hyderabad for the financial year ending March 31, 2027. It was further informed that Shri B. V. Saravana Kumar, Practicing Company Secretary, Hyderabad ICSI (Membership Number 26944 & CP no. 11727) was appointed as the Scrutinizer to supervise the remote e- voting and e-voting at the AGM and that the combined voting results (remote e-voting and e-voting) along with the Scrutinizer’s Report would be submitted to the Stock Exchanges within two Working days of the conclusion of the AGM. The meeting was concluded with a vote of thanks to the chair by Smt. G. Saroja Vivekanand, Managing Director.