Shareholders meeting

CIN: L45200GJ1988 P LC011049 R EGD.OFF.: 5 04, TRIVI D H C HAMBER, 5TH FLOOR, OPP. FIRE BRIGADE STATI O N, R ING ROAD, SURAT-395002, INDIA Phone (91-261) 2328902 ∙ E-Mail: corporate@sumeetindustries.com ∙ Visit us at: www.sumeetindustries.com Date : 01/08/2026 To, To, BSE Limited National Stock Exchange of India Ltd Department of Corporate Services Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, FORT, Bandra (E), Mumbai - 400 001 Mumbai : 400 051 Scrip Code - 514211 Symbol - SUMEETINDS Subject : Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) - Notice of the Extra- Ordinary General Meeting. Dear Sir, Pursuant to Regulation 30 read with Para A Part A of Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Notice of the Extra-Ordinary General Meeting (“EGM”) of Sumeet Industries Limited (“the Company”) to be held on Monday, 24th August, 2026 at 04:00 P.M. (IST) through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”) is enclosed herewith. The meeting is being held in accordance with relevant circulars issued by Ministry of Corporate Affairs and the Securities and Exchange Board of India. The Notice of the EGM has been finalized by the Board of Directors at its meeting held on 29.07.2026 The said Notice of EGM is being sent through electronic mode to those Members whose email addresses are registered with the Registrar and Transfer Agent/ Depositories. The said Notice is available at the website of the Company at Website link: https://www.sumeetindustries.com/wp-content/uploads/EGM-Notice_OCPRS.pdf. The brief details of the meeting including the proposed business to be transacted at the meeting can be accessed through the notice attached. The e-voting details are mentioned below: EGM Date with time Monday, August 24, 2026, at 4.00 P.M Cut – off date (for determining members eligible for Monday, August 17, 2026 e-voting) E- Voting Start Date with Time Friday, 21st August, 2026 at 9.00 A.M. IST E- Voting End Date with Time Sunday, 23rd August, 2026 at 5.00 P.M Event ID 1214 We request you to take the aforesaid in your record For Sumeet Industries Limited Anil Kumar Jain Company Secretary NOTICE OF EXTRA ORDINARY GENERAL MEETING Notice is hereby given that the Extra Ordinary General Meeting (“the EGM”) of the members of Sumeet Industries Limited (“the Company”) will be held on Monday, August 24, 2026, at 4.00 P.M through Video Conferencing (“VC”) / Other Audio Audio-Visual Means (“OAVM”) to transact the following Special business: Special Business Item No: 1- Issuance of Equity Shares upon Conversion of Optionally Convertible Redeemable Preference Shares (“OCRPS”) to the Non-Promoters on Preferential Basis: To consider and, if thought fit, to pass the following resolution as a Special Resolution with or without modification. “RESOLVED THAT pursuant to the provisions of Sections 23, 42, 62(1)(c) and other applicable provisions, if any, of the Companies Act, 2013 read with the Companies (Prospectus and Allotment of Securities) Rules, 2014 and the Companies (Share Capital and Debentures) Rules, 2014, as amended, the provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the “SEBI (ICDR) Regulations”), Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “SEBI Listing Regulations”), and any other applicable laws, rules and regulations, circulars, notifications, clarifications, guidelines issued by the Government of India, the Securities and Exchange Board of India (“SEBI”), BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”) or any other authority/body and enabling provisions in the Memorandum and Articles of Association of the Company, and subject to necessary approvals, sanctions, permissions of appropriate statutory/regulatory and/or other authorities and persons, if applicable and subject to such conditions and modifications as may be prescribed by any of them while granting such approvals/ sanctions/permissions and/or consents, if any, and which may be agreed by the Board of Directors of the Company (hereinafter referred to as “the Board” which term shall be deemed to include any committee(s), which the Board has constituted or may constitute to exercise its powers, including the powers conferred on the Board by this resolution), the approval of the shareholders of the Company be and is hereby accorded to create, offer, issue and allot up to 84,31,195 fully paid up Equity Shares of face value of Rs. 2/- (Rupees Two only) each of the Company on non-consideration basis upon conversion of the existing Optionally Convertible Redeemable Preference Share (“OCRPS”) allotted on 11th day of December, 2024 in compliance with the NCLT approved Resolution Plan dated 16.07.2024, to the below mentioned Investor(s) (“Proposed Allottees”) by way of a preferential issue on a private placement basis (“Preferential Issue”), at the conversion price of Rs. 33.21/- which is determined in accordance with Chapter V of SEBI (ICDR) Regulations and in such form and manner and in accordance with the provisions of SEBI (ICDR) Regulations or other applicable laws to ascertain the number of Equity Shares to be issued is in terms of and as may be determined by the Board in its absolute discretion in accordance with SEBI (ICDR) Regulations and other applicable law: Post Issue Category No of Equity S.No Names of Proposed Allottees Shares 1 Bank of Baroda Public 48,11,683 2 Central Bank of India Public 4,34,146 3 Canara Bank Public 2,82,114 4 Union Bank of India Public 4,27,642 5 IDBI Bank Public 23,28,455 Oldenburgische Landesbank AG (with which Bremer Kredibank AG, formerly known as 1,47,155 6 KBC Bank Deutschland AG, merged) Public Total 84,31,195 RESOLVED FURTHER THAT, in compliance and accordance with the Resolution Plan dated 16.07.2024 read with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, the board recommended the Conversion Price on which the proposed Equity Shares shall be issued as Rs. 33.21 /- (Rupees Thirty Three and Twenty one Paise only) (“Conversion Price”). RESOLVED FURTHER THAT in accordance with the provision of Chapter V of the SEBI (ICDR) Regulations, the “Relevant Date” for the purpose of determining the floor price for the preferential issue of Equity Shares be and is hereby fixed as Friday, July 24, 2026, being the date 30 days prior to the date of Extra-Ordinary General Meeting i.e. Monday, August 24, 2026. RESOLVED FURTHER THAT without prejudice to the generality of the above, the issue of Equity Shares shall be subject to the following terms and conditions apart from others as prescribed under applicable laws: a. The Equity Shares shall be issued without consideration as the same are being issued upon conversion of the OCRPS issued to the Proposed Allottees; b. The Equity Shares so allotted to the proposed allottees under this resolution shall not be sold, transferred, hypothecated or encumbered in any manner during the period of lock-in provided under SEBI ICDR Regulations except to the extent and in the manner permitted there under; c. The allotment of Equity Shares pursuant to this resolution shall be completed within a period of 15 days from the date of passing of this resolution, provided that, where the allotment pursuant to this resolution is pending on account of pendency of any approval for such allotment by any regulatory authority or the Central Government, the allotment shall be completed within a period of 15 days from the date of receipt of last of such approval(s); d. The pre-preferential shareholding (if any) of the Proposed Allottees under this resolution shall not be sold, transferred, pledged or encumbered in any manner du [Showing first 8,000 characters — download PDF for full document]