Proceeding of EGM

August 3, 2026 BSE Limited Department of Corporate Services Listing Department P J Towers Dalal Street Mumbai – 400001 Scrip Code: 543997 Re: Proceedings of the Extra-ordinary General Meeting of Organic Recycling Systems Limited (the “Company”) held on Monday, August 3, 2026, at 11:30 a.m. through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”) Dear Sir/ Madam, As per the notice of Extra-ordinary General Meeting (EGM) dated July 6, 2026, the Extra-ordinary General Meeting of the Company was held on Monday, August 3, 2026 at 11:30 a.m. through VC/OAVM, in compliance with the applicable provisions of the Companies Act, 2013 and Rules made thereunder (“Act”), and the General circular dated September 22, 2025 read together with circulars dated April 8, 2020, April 13, 2020, May 5, 2020, January 13, 2021, December 8, 2021, and December 14, 2021, May 5, 2022, December 28, 2022, September 25, 2023 and September 19, 2024 (collectively referred to as ‘MCA Circulars’) and applicable provision of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") and SEBI Circular and any updated thereto. The brief details of businesses transacted at the meeting, manner of approval and result thereof are as under: Sr. Details of Businesses Manner of Approval Result 1. Approval of issue of bonus equity Remote e-voting / e- Passed with shares by capitalisation of reserves voting (Insta poll) at requisite majority (Ordinary Resolution) EGM Organic Recycling Systems Ltd Registered / Corporate Address : 1003, The Affaires, Plot No.19, Sector-17, Sanpada, Navi Mumbai – 400705. Tel: + 91 22 4170 2222 Fax: +91 22 4170 2200 22 00 | www.organicrecycling.co.in | info@organicrecycling.co.in CIN L40106MH2008PLC186309 Pursuant to regulation 30 of the Listing Regulations, the proceedings of the EGM are enclosed and is being also available on the website of the Company at https://organicrecycling.co.in/. This is for your records and dissemination. You are requested to take the same on record as the gist of proceedings of EGM and not consider the attached as minutes of the EGM. Thanking you, Yours truly, For Organic Recycling Systems Limited Seema Gawas Sawant Place: Mumbai Company Secretary & Compliance Officer Date: August 3, 2026 PROCEEDINGS OF THE EXTRA-ORDINARY GENERAL MEETING OF ORGANIC RECYCLING SYSTEMS LIMITED (THE “COMPANY”) HELD ON MONDAY, AUGUST 3, 2026, AT 11:30 A.M. THROUGH VIDEO CONFERENCING (“VC”) / OTHER AUDIO-VISUAL MEANS (“OAVM”) The Extra-ordinary General Meeting (“EGM”) of the Company was held on Monday, August 3, 2026 at 11:30 a.m.VC/OAVM, in compliance with the applicable provisions of the Companies Act, 2013 and Rules made thereunder (“Act”), and the General circular dated September 22, 2025 read together with circulars dated April 8, 2020, April 13, 2020, May 5, 2020, January 13, 2021, December 8, 2021, and December 14, 2021, May 5, 2022, December 28, 2022, September 25, 2023 and September 19, 2024 (collectively referred to as ‘MCA Circulars’) and applicable provision of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") and SEBI Circular and any updated thereto. Further, in accordance with the Secretarial Standard on General Meetings("SS-II") issued by the Institute of Company Secretaries of India ("ICSI") read with Guidance/Clarification dated April 15, 2020, issued by the ICSI, the proceedings of the EGM were deemed to be conducted at the registered office of the Company which was the deemed venue of the EGM. As Mr. Rakesh Mehra, Chairman of the Board, could not attend the meeting due to some exigency, hence pursuant to the provision of Articles of Association of the Company, Mr. Sarang Bhand, Managing Director of the Company, occupied the Chair and stated that he is attending the meeting from Mumbai. He welcomed all the members of the Company (“Members”) and Directors of the Company at the EGM. He further stated that the EGM was being convened through VC in accordance with the MCA Circulars and SEBI Circular. He thereafter introduced all the Directors and Key Managerial Personnel present at the meeting. The Chairman informed that Mr. Rakesh Mehra, Independent Director and Chairman of the Board and Audit Committee and Mr. Amit Karia, Independent Director and Chairman of Nomination and Remuneration Committee and Stakeholders Relationship Committee of the Company could not attend the meeting due to some exigency. The Statutory Auditors and Secretarial Auditors of the Company and Scrutinizer for e-voting process were also present at the meeting. The Chairman further informed that participation of members attending through Video Conferencing was reckoned for the purpose of quorum as per the MCA Circulars and Section 103 of the Companies Act, 2013. Since, the EGM was being held through VC, as per the MCA Circulars, physical attendance of Members was dispensed with. Accordingly, the facility for appointment of proxies by Members was not made available for the EGM. 21 Members were present at the meeting through VC. Accordingly, the requisite quorum was present and the meeting was called to order. The Chairman thereafter requested Ms. Seema Gawas, Company Secretary & Compliance Officer, to read out the arrangements made for the Members at the EGM. Organic Recycling Systems Ltd Registered / Corporate Address : 1003, The Affaires, Plot No.19, Sector-17, Sanpada, Navi Mumbai – 400705. Tel: + 91 22 4170 2222 Fax: +91 22 4170 2200 22 00 | www.organicrecycling.co.in | info@organicrecycling.co.in CIN L40106MH2008PLC186309 The Company Secretary informed that Notice were sent by e-mail to all those Members whose names appeared in the Register of Members and whose e-mail addresses were registered with the Company, the Registrar and Share Transfer Agent or the Depository Participants. She informed the members that, as stated in the EGM Notice, the Members had been provided the facility to exercise their right to vote by electronic means on the resolution set out in the EGM Notice, both through remote e-voting and e-voting system (‘Insta Poll’) at the EGM. The remote e-voting facility was made available to all Members holding shares as on the cut-off date i.e., Monday, July 27, 2026 during the period commencing from 9.00 a.m. IST on Thursday, July 30, 2026 till 5.00 p.m. IST on Sunday, August 2, 2026, and the remote e-voting was blocked on Sunday, August 2, 2026 at 5.00 p.m. She informed that Members joining the EGM through video conferencing, who had not already cast their vote by means of remote e-voting, had the option of voting through ‘Insta-Poll’ e-voting facility on announcement of the same by the Chairman. Members who had cast their votes by remote e-voting prior to the EGM were not entitled to cast their vote again. She further informed all those present that the Board of Directors of the Company had appointed Mr. Anish Gupta, partner of VKMG & Associates LLP, Practicing Company Secretaries, as the Scrutinizer for the EGM. It was informed that the Company had made the best possible efforts for providing the facility of joining the EGM by VC and voting electronically. However, in case of any issues during the EGM, Members were provided details for contacting National Securities Depository Limited (NSDL) for technical support / assistance. The requisite documents relevant to businesses specified in the EGM Notice were made available electronically for inspection during the EGM on the website of National Securities Depository Limited (NSDL). Thereafter, she requested the Chairman to continue with the proceedings of the meeting. The Chairman informed that the notice convening the EGM were already emailed to all the members and were accordingly taken as read. The Chairman briefed the members about the resolution stated in the EGM Notice as follows: 1. To approve the issue of bonus equity shares by capitalisation of reserves (Ordinary Resolution) Since, the EGM was [Showing first 8,000 characters — download PDF for full document]