Shareholders meeting

PALASH SECURITIES LIMITED CIN – L74120UP2015PLC069675 REGD. OFFICE - P.O. HARGAON, DIST SITAPUR (U.P.), PIN – 261 121 Phone No. (05862) 256220-221; Fax No.: (05862) 256 225 E-mail – palashsecurities@birlasugar.org; Website-www.birla-sugar.com August 5, 2026 The Manager The Manager Listing Department Listing Department National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza, 5th Floor 1st Floor, New Trading Ring, Plot No. C/1, G Block Rotunda Building Bandra- Kurla Complex, Bandra (E) P.J. Towers, Dalal Street, Fort Mumbai 400 051 Mumbai-400 001 Symbol : PALASHSECU Stock Code : 540648 Dear Sir/Madam, Sub: Summary of the proceedings of the 12th Annual General Meeting of the Company The 12th Annual General Meeting (AGM) of the Company was held today i.e. Wednesday, August 5, 2026 at 11.00 a.m. (IST) through two-way Video Conference ('VC')/Other Audio Visual Means ('OAVM'’) without the physical presence of its Members at a common venue to transact the business as stated in the AGM Notice dated May 15, 2026. All the items of business contained in the Notice were transacted and passed by the Members with the requisite majority. The Company also facilitated the live webcast of the proceedings. In this regard, please find enclosed the Summary of proceedings of the 12th AGM of the Company as required under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The AGM concluded at 11:30 a.m. (IST) (including 15 minutes of e-voting). You are requested to take the same on record. Thanking you, Yours faithfully For Palash Securities Limited Vikram Kumar Mishra Company Secretary FCS : 11269 Encl – as above Corporate Office: Birla Building (5th Floor), 9/1 R N Mukherjee Road, Kolkata 700 001 Phone - (033) 2248 7068; Fax – (033) 2248 6369 PALASH SECURITIES LIMITED CIN – L74120UP2015PLC069675 REGD. OFFICE - P.O. HARGAON, DIST SITAPUR (U.P.), PIN – 261 121 Phone No. (05862) 256220-221; Fax No.: (05862) 256 225 E-mail – palashsecurities@birlasugar.org; Website-www.birla-sugar.com Summary of the proceedings of the 12th Annual General Meeting (AGM) of the Company held on Wednesday, August 5, 2026 The 12th AGM of the Members of Palash Securities Limited ('the Company’) was held on Wednesday, August 5, 2026 at 11.00 am. (IST) through two-way Video Conferencing (‘VC')/Other Audio-Visual Means ('OAVM') facility provided on Zoom platform by NSDL. The Meeting was conducted in accordance with the circulars issued by the Ministry of Corporate Affairs ("MCA") and the Securities and Exchange Board of India (‘SEBI'). Ms. Shalini Nopany, Chairperson of the Company, chaired the Meeting. The Chairperson welcomed the members to the Meeting and on being informed about the requisite quorum being present, called the Meeting to order. The Chairperson introduced the Directors, the Chief Financial Officer and the Company Secretary of the Company who were present at the AGM. Mr. Chetan Nathani, representing M/s. Agrawal Subodh & Co. Statutory Auditors of the Company, and Mr. Mohan Ram Goenka, Practising Company Secretary representing M/s. M R & Associates, Secretarial Auditor and also acting as the Scrutinizer for the remote e-Voting and the voting during the proceedings of the AGM, also attended the meeting. The Chairman drew the attention of members to the registers/documents made available for inspection by the members electronically. The Chairperson apprised the members through her speech about the performance of the Company during the Financial Year ended 31st March, 2026 and also about its future outlook. The Chairperson informed the members that the Notice dated May 15, 2026 convening the 12th AGM , the audited financial statements, the reports of the Auditors and the Board’s Report was taken as read as the same had already been circulated to the members, well in advance. Since, there was no qualification, or comments in the Auditors’ Report, the same was taken as read. The Company Secretary informed the Members that in compliance with the provisions of the Companies Act, 2013, Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Secretarial Standard on General Meetings, the Company had extended e-voting facility to the Members of the Company in respect of business transacted at the 12th AGM to cast their vote, wherein the e-voting period commenced on Saturday, August 1, 2026 at 9:00 A.M. (IST) and ended on Tuesday, August 4, 2026 at 5:00 P.M. (IST). The facility for e-voting at the AGM was also made available for the Members who participated in the AGM and had not casted their vote through remote e-voting earlier. It was also informed that the e-voting platform is open during the meeting and will close after 15 minutes from the time of closure of the meeting and the Members who have already voted through remote e-voting shall not be eligible to participate in the voting during the Meeting. However, they can continue to participate in the AGM. The Members were further informed that Mr. Mohan Ram Goenka, (FCS 4515, CP No 2551), Practising Company Secretary has been appointed as the Scrutinizer for the purpose of scrutinizing the e-voting process in a fair and transparent manner and to submit his consolidated report thereon. The Chairperson then moved all the items of the Notice convening the AGM. Corporate Office: Birla Building (5th Floor), 9/1 R N Mukherjee Road, Kolkata 700 001 Phone - (033) 2248 7068; Fax – (033) 2248 6369 PALASH SECURITIES LIMITED CIN – L74120UP2015PLC069675 REGD. OFFICE - P.O. HARGAON, DIST SITAPUR (U.P.), PIN – 261 121 Phone No. (05862) 256220-221; Fax No.: (05862) 256 225 E-mail – palashsecurities@birlasugar.org; Website-www.birla-sugar.com In terms of the Notice dated May 15, 2026 convening the 12th AGM of the Company, the following businesses were transacted at the Meeting through remote e-voting and voting at the AGM: Ordinary Business Type of Resolution 1. To receive, consider and adopt: Ordinary Resolution a) The Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026 together with the Reports of the Board of Directors and Auditors thereon. b) The Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with the Report of the Auditors thereon. 2. To appoint a Director in place of Ms. Shalini Nopany (DIN: Ordinary Resolution 00077299), who retires by rotation and being eligible, offers herself for re-appointment. 3. To appoint and fix the remuneration of Statutory Auditors Ordinary Resolution M/s. Singhi & Co., Chartered Accountants, (Firm Registration No: 302049E) to hold office for a term of 5 (five) consecutive years from the conclusion of 12th Annual General Meeting till the conclusion of the 17th Annual General Meeting of the Company. Since Chairperson was interested in Item No. 2. She requested Mr. Suraj Kumar Agrawal, Managing Director to take the Chair for item No. 2 and upon Item No. 2 was taken up, Mr. Agrawal, requested Ms. Shalini Nopany to resume the Chair and continue with the proceedings of the Meeting. Members who registered themselves as Speaker Shareholder were present at the Meeting and opportunity was given to them to ask questions and express views. The Chairperson informed that the consolidated results of remote e-voting and e-voting at the AGM together with the Scrutinizer's Report will be published on the Company’s website and uploaded on the websites of NSDL, National Stock Exchange of India Limited and BSE Limited and also on the Notice Board at the Registered Office of your Company within two working days of the conclusion of the AGM. The Chairperson then thanked the Members for their continued support and taking out time for attending and participating in the AGM. She also thanked the Directors for joining the AGM virtually. The e-voting facility was kept open for the next 15 minutes to enable those [Showing first 8,000 characters — download PDF for full document]