Notice of 53rd Annual General Meeting of the Members of the Company will be held on 29.08.2026

August 4th, 2026 The Corporate Relationship Department BSE Limited, 25th Floor, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Scrip Code: 530615 Subject: Notice Convening 53rd Annual General Meeting, Intimation of Book Closure, Cut-off Date and E-Voting for the purpose of 53rd Annual General Meeting Dear Sir/Madam, Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Copy of Notice of 53rd Annual General Meeting of the Company scheduled to be held on Saturday, August 29th, 2026 at 1:00 P.M. through physical mode in accordance with relevant circulars issued by Ministry of Corporate Affairs and the Securities and Exchange Board of India. The copy of the Notice of 53rd AGM is also available on the website of the Company at http://www.gargfurnace.com Pursuant to compliance of Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Section 91 of the Companies Act, 2013, the Register of Members & Share Transfer Books of the Company will remain closed from Sunday, August 23rd, 2026 to Saturday, August 29th, 2026 for the purpose of 53rd Annual General Meeting of the Company, to be held on Saturday, 29th August, 2026 at 1.00 P.M. as per the following details: Scrip Code: 530615 Type of Security: Equity Shares of Rs.10/- each ISIN: INE194E01015 Details of Book Closure: Sunday, August 23rd, 2026 to Saturday, August 29th, 2026 (Both days inclusive) Purpose: 53rd Annual General Meeting Cut-off Date for e-voting: Saturday, 22nd August, 2026 Further, pursuant to the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 as amended from time to time and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with aforesaid circulars, the Company has engaged the Services of Central Depository Services (India) Limited (CDSL) for providing the remote e-voting facility, joining the AGM through physical mode and evoting system during the AGM to its Members in respect of business to be transacted at the 53rd Annual General Meeting of the Company. The Company has fixed Saturday, 22nd August, 2026 (End of day) as the cut-off date for the purpose of determining the members eligible to cast their votes by remote e-voting facility or evoting during the AGM. The details such as manner of (i) registering/updating email addresses, (ii) casting vote through e-voting and (iii) attending the AGM through physical mode has been set out in the Notice of the AGM. The remote e-voting schedule is as under: Commencement of E-Voting From 09:00 A.M. on Wednesday, 26th August, 2026 End of E-Voting Upto 05:00 P.M. on Friday, 28th August, 2026 Kindly take the same on your record and acknowledge. Thanking You, Yours Faithfully, For Garg Furnace Limited Devinder Garg Managing Director DIN: 01665456 GARG FURNACE | ANNUAL REPORT 2025-26 www.gargfurnacelimited.com GARG FURNACE LIMITED CIN: L99999PB1973PLC003385 Regd. Office: Kanganwal Road, V.P.O. Jugiana, G.T. Road, Ludhiana-141120, Punjab Phone: 0161-2512285 Email: gargfurnace@yahoo.com, Web: www.gargfurnacelimited.com NOTICE Notice is hereby given that the 53rd Annual General Meeting of the Members of Garg Furnace Limited will be held on Saturday, the 29th day of August, 2026 at 1:00 P.M. at the Registered office at Kanganwal Road, V.P.O. Jugiana, G.T. Road, Ludhiana- 141120 to transact the following businesses: ORDINARY BUSINESS: 1. To receive, consider and adopt the Financial Statements for the financial year ended on 31.03.2026 and the Reports of Board of Directors and Auditors thereon. 2. To appoint Director in place of Smt. Vaneera Garg (DIN: 01283990) who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers herself for re- appointment. SPECIAL BUSINESS: 3. Re-appointment of Cost Auditors of the Company and in this regard to consider and if thought fit, to pass with or without modification, the following Resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to Section 148 and other applicable provisions, if any, of the Companies Act, 2013 and the Rules made thereunder, as amended from time to time, the Company hereby ratifies the remuneration of INR 25,000.00 (Rupees Twenty Five Thousand Only) plus out-of-pocket expenses payable to M/s. Anju Pardesi, Cost Accountants (Firm's Registration No. 003448) who have been appointed by the Board of Directors as the Cost Auditors of the Company, to conduct the audit of the cost records of the Company, for the Financial Year ending 31st March, 2027.” 4. To approve Material Related Party Transactions of the Company and in this regard to consider and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of Regulation 23(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, (“Listing Regulations”), the other applicable provisions of the Companies Act, 2013 (“Act”) read with Rules made thereunder, other applicable laws / statutory provisions, if any, (including any statutory modification(s) or amendment (s) or re-enactment(s) thereof, for GARG FURNACE | ANNUAL REPORT 2025-26 www.gargfurnacelimited.com the time being in force), the Company’s policy on Related Party transaction(s), and subject to such approval(s), consent(s), permission(s) as may be necessary from time to time and basis the approval and recommendation of the Audit Committee and the Board of Directors of the Company, the approval of the Members of the Company be and is hereby accorded to the Company to enter/continue to enter into Material Related Party Transaction(s)/Contract(s)/ Arrangement(s)/ Agreement(s) (whether by way of an individual transaction or transactions taken together or series of transactions or otherwise) with entities falling within the definition of ‘Related Party’ under Regulation 2(1)(zb)of the Listing Regulations and any other applicable regulations if any to transactions the details of which are more particularly set out in the explanatory statement of this Notice, provided however that the aggregate amount/value of all such arrangements/ transactions contracts that to be entered into by the Company with the Related Party and remaining outstanding at any one point in time shall not exceed the limits mentioned below, during the financial year 2026-2027, on such terms and conditions as may be considered appropriate by the Board of Directors of the Company, provided that the said contract(s)/ arrangement(s)/ transaction(s) so carried out shall be at arm’s length basis and in the ordinary course of business of the Company. Name of Related Party and Type of Transaction(s) Value of Transactions (Rs. in crore) Nature of Relationship and Tenure of Transactions Vaneera Industries Limited Purchase of Goods Aggregate value of transactions (Formerly Known as Sales of Goods for the financial year 2026-2027 Vaneera Industries Private Rent Received should not exceed Rs. 200.00 Limited) Lease of Machinery crore. (Promoter Group Acquisition of shares Company) Corporate Guarantee Received Devinder Garg Remuneration Aggregate value of transactions (Managing Director and Unsecured Loan Received for the financial year 2026-2027 Promoter) should not exceed Rs. 1.00 crore. Vaneera Garg Remuneration Aggregate value of transactions (Whole Time Director and Unsecured Loan Received for the financial year 2026-2027 Promoter) should not exceed Rs. 1.00 crore. Toshak Garg Remuneration Aggregate value of transactions (Managing Director and Unsecured Loan Received for the financial year 2026-2027 Promoter) should not exceed Rs. 1.00 crore. RESOLVED FURTHER THAT the Board of Directors of the Company (hereinafter referred to as ‘Board’ which term shal [Showing first 8,000 characters — download PDF for full document]