We submit Combined Report of Scrutinizer received from M/s. Ruchita Patel & Associates, Company Secretaries, for the result of voting at the AGM held on Friday, 31st July, 2026.

Axtel Industries Limited Regd. Office-Vadodara Halol Highway, Baska, Panch Mahals - 389350, Guijarat, Email-info@axtelindia.com, Website-www.axtelindia.com, Tel-+91 2676-247900 CIN: - L91110GJ1991PLCO16185 Date: 31-07-2026 The Corporate Relationship Dept., The BSE Limited, Ground Floor, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Sir, Subject: Submission of Combined Report of Scrutinizer Scrip Code: 523850 We submit Combined Report of Scrutinizer received from M/s. Ruchita Patel & Associates, Company Secretaries, for the result of voting (remote e-voting and e-voting during AGM), at the Annual General Meeting held on Friday, 31 July, 2026, pursuant to section 108 and 109 of the Companies Act, 2013 and Rules 20 and 21 of the Companies (Management and Administration) Rules, 2014 as amended from time to time. Same shall also be available on website of the Company — www.axtelindia.com. Thanking you, Yours faithfully, FOR AXTEL INDUSTRIES LIMITED Digtabysignedy DHARABEN oisasacn MEHULKUM i ARTHAKAR 723 DHARABEN MEHULKUMAR THAKAR Company Secretary & Compliance Officer RUCHITA PATEL & ASSOCIATES COMPANY SECRETARIES Combined Report of Scrutinizer [Pursuant to Section 108 and 109 of the Companies Act, 2013 and rule 20 and 21 of the Companies (Management and Administration) Rules, 2014 as amended] The Chairperson, Axtel Industries Limited, Halol. Subject: Combined Report of Scrutinizer on voting by remote e-voting and e-voting facility provided to the shareholders during the 34™ Annual General Meeting of the Shareholders of Axtel Industries Limited held on Friday, 31st July, 2026 at 11:00 a.m. through Video Conferencing (“VC") / Other Audio-Visual Means (“OAVM"). Dear Sir, 1. We, Ruchita Patel & Associates, Company Secretary in practice were appointed as scrutinizers by the Board of Directors of Axtel Industries Limited vide resolution dated 7t May, 2026 for the purpose of scrutinizing remote e-voting process and e voting conducted during the 34t Annual General Meeting held through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”) pursuant to Section 108, 109 and other provisions applicable, if any, of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 as amended from time to time and in accordance with Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. We confirm the following: The notice of AGM dated 7th May, 2026 convening the 34t Annual General Meeting of the Shareholders of Axtel Industries Limited to be held on Friday, 315t July, 2026 at 11:07 a.m. through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”) was sent to the shareholders by email only to those members whose email address are registered with the Company, RTA or Depositories on 17t July, 2026. The 34" Annual General Meeting of the Company was held on 31% July, 2026 in compliance with the Circulars issued by the Ministry of Corporate Affairs (“MCA”) vide General Circular No. 20/2020 dated 5" May, 2020 read with the subsequent circulars issued from time to time and the latest being 03/2025 dated September 22, 2025 (collectively referred to as “MCA Circulars”) and SEBI circulars issued from time to time Office Address: 318, Samanvay Silver, Munjmahuda Circle, Akota, Vadodara - 390020, Gujarat. E-mail id: ruchita.patel@drpassociates.in / office@drpassociates.in Website: www.drpassociates.in Mobile No. 9662525048 RUCHITA PATEL & ASSOCIATES COMPANY SECRETARIES vide its master Circular Master Circular No. HO0/49/14/14(7)2025- CFDPOD2/1/3762/2026 dated 30™ January, 2026 for further extending the period of holding the Annual General Meeting (“AGM”) through VC / OAVM, without the physical presence of the Members at a common venue. 3. The company has availed the remote e-voting prior to AGM and e-voting facility during the AGM from MUFG Intime India Private Limited (MUFG) (Formerly Known as Link Intime India Private Limited) for conducting e-voting by the shareholders of the company. 4. The shareholders of the company holding shares as on the “cut-off” date of 24t July, 2026 were entitled to vote on the proposed resolutions as set out at item nos. 1 to 8 in the Notice dated 7% May, 2026 of the 34t Annual General Meeting of Axtel Industries Limited. 5. The voting period for remote e-voting commenced on Tuesday, 28% July, 2026 at 9.00 a.m. and ended on Thursday, 30t July, 2026 at 5.00 p.m. 6. The e-voting facility was provided during the AGM for those shareholders who were present at the meeting through VC / OVAM and not availed service of remote e-voting facility provided prior to AGM. 7. After the closure of the e-voting process provided during the AGM, the votes cast through remote e-voting facility prior to AGM and during AGM were unblocked on 315t July, 2026 at 12:10 pm in presence of two witnesses who are not in employment of the Company. 8. We submit herewith combined scrutinizer’s report on the resolutions contained in the notice of the 34t Annual General Meeting based on the scrutiny of remote e-voting and e- voting during the AGM and as per the database of e-voting facility during the AGM provided by MUFG Intime India Private Limited (Formerly Known as Link Intime India Private Limited). 9. The results of remote e-voting together with e-voting during the Annual General Meeting held through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”) are as under: Office Address: 318, Samanvay Silver, Munjmahuda Circle, Akota, Vadodara - 390020, Gujarat. E-mail id: ruchita.patel@drpassociates.in / office@drpassociates.in Website: www.drpassociates.in Mobile No. 9662525048 RUCHITA PATEL & ASSOCIATES COMPANY SECRETARIES DETAILS OF VOTING RESULTS: Date of the AGM 31-07-2026 Total number of shareholders on record 18758 date (cut-off date: 24-07-2026) Total no. of shareholders present in the No arrangement for a physical meeting or meeting either in person or through proxy appointment of proxy was made as the Annual General Meeting was held through VC/OAVM Total no. of shareholders attended the 48 annual general meeting through Video conferencing: e Promoters and Promoter Group 7 e Public Shareholders 41 e Total votes casted during the AGM 0 e Votes in favour 0 o Votes against 0 ¢ Votes abstain 0 Total no. of shareholders voted 32 electronically prior to AGM at the remote e- voting facility e Promoters and Promoter Group 7 ® Public Shareholders 25 Total votes casted during remote e-voting 9089321 e Votes in favour 9089318 (For resolutionno. 1to 3,5, 7 to 8) 1020006 (For resolution no. 4 & 6) e Votesagainst 3 (For resolution no. 1 to 8) ¢ Votes abstain 8069312 (For resolution no. 4 & 6) Office Address: 318, Samanvay Silver, Munjmahuda Circle, Akota, Vadodara - 390020, Gujarat. E-mail id: ruchita.patel@drpassociates.in / office@drpassociates.in Website: www.drpassociates.in Mobile No. 9662525048 RUCHITA PATEL & ASSOCIATES COMPANY SECRETARIES RESOLUTION NO PARTICULARS OF VOTES CAST THROUGH E-VOTING VOTES IN FAVOUR VOTES CAST TOTAL VOTES NO &% AGAINST NO & % CAST Resolution No. 1 as an Ordinary 9089318 3 9089321 Resolution (99.9996%) (0.0004%) (100%) Adoption of audited financial statements for the year ended on 31st March, 2026 and the Directors’ and the Auditors’ Report thereon. Resolution No. 2 as an Ordinary 9089318 3 9089321 Resolution (99.9996%) (0.0004%) (100%) Appointment of Mr. Ameet Nalin Parikh (DIN 00007036), as Director liable to retire by rotation. Resolution No. 3 as an Ordinary 9089318 3 9089321 Resolution (99.9996%) (0.0004%) (100%) To declare Interim Dividend as Final Dividend for the financial year ended 31t March, 2026. Resolution No. 4 as Special 1020006 3 1020009 Resolution (99.9996%) (0.0004%) (100%) To re-appoint Mr. Ajay Naishad Desai as Whole-time Director for a period of five years. Resolution No. 5 as Special 9089318 3 9089321 Resolution (99.9996%) (0.0004%) (100%) Fixation of Remuneration of Mr. Ajay Naish [Showing first 8,000 characters — download PDF for full document]