Notice of 40th Annual General Meeting of Praj Industries Ltd.

Date: 21st July, 2026 Ref.: PIL/ANB/L-029/2026-27 Company Code: PRAJIND Security Code No.: 522205 National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza, 5th Floor, Plot No. C/1, Phiroze Jeejeebhoy Towers, 25th Floor, G Block, Bandra-Kurla Complex, Dalal Street, Mumbai - 400 001 Bandra (East), Mumbai - 400 051 Sub.: Submission of Notice of 40th Annual General Meeting of the Company Dear Sir/Madam, Notice is hereby given that the Fortieth (40th) Annual General Meeting (AGM) of the Members of Praj Industries Limited will be held on Thursday, the 13th August, 2026 through Video Conferencing/Other Audio Video Visual Means (VC/OAVM) at 10:00 a.m. (IST). Pursuant to the provisions of Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Notice of the 40th AGM of the Company. This is for your information and record. Thanking you. Yours faithfully, FOR PRAJ INDUSTRIES LIMITED ANANT BAVARE COMPANY SECRETARY & COMPLIANCE OFFICER (M. NO. 21405) Encl.: as above Praj Industries Limited Regd. Office: ‘Praj Tower’, 274 & 275/2, Bhumkar Chowk, Hinjewadi Road, Hinjewadi, Pune 411057. Ph.: +91-20-71802000 / 22941000 f: +91-20-22941299 e: info@praj.net w: www.praj.net CIN: L27101PN1985PLC038031 NOTICE Notice is hereby given that the Fortieth (40th) Annual Note: Mr. Berjis Desai has not offered himself for General Meeting (“AGM”) of Praj Industries Limited (“the re-appointment as a Director due to his appointment as a Company”) will be held on Thursday, the 13th August, 2026 Member of National Commission for Minorities, New Delhi, through Video Conferencing (“VC”) / Other Audio Video which require his substantial commitment of time. Visual Means (“OAVM”) at 10.00 a.m. (IST). The venue of the AGM shall be deemed to be the Registered Office of the SPECIAL BUSINESS: Company. The following businesses will be transacted at 5. To approve appointment of Ms. Rujuta Jagtap (DIN: the AGM. 00861890) as an Independent Director of the Company for the second term of three (3) years with effect from ORDINARY BUSINESS: 21st August, 2026 till 20th August, 2029: 1. To receive, consider and adopt the Audited Standalone To consider and if thought fit, to pass with or without Financial Statements of the Company for the financial modification(s), the following Resolution as a Special year ended 31st March, 2026 together with the reports Resolution: of Board of Directors and the Auditors thereon. “RESOLVED THAT in accordance with the provisions of 2. To receive, consider and adopt the Audited Sections 149, 152 and other applicable provisions, if Consolidated Financial Statements of the Company for any, of the Companies Act, 2013 (“the Act”), read with the financial year ended 31st March, 2026 together with Schedule IV to the Act and Regulation 17(1) of SEBI the report of the Auditors thereon. (Listing Obligations and Disclosure Requirements) Regulations, 2015 (including any statutory 3. To declare dividend of `3.60/- (180%) per equity share modification(s) or re-enactment thereof for the time of `2/- each for the financial year ended 31st March, being in force), Ms. Rujuta Jagtap (DIN: 00861890) in 2026. respect of whom the Company has received a notice in 4. To consider retirement of Mr. Berjis Desai writing under Section 160(1) of the Act from a member (DIN: 00153675), Non-Executive Non-Independent proposing her candidature for the office of Director, be Director, by rotation under Section 152 of the and is hereby re-appointed as an Independent Director Companies Act, 2013, and not to fill up the resultant of the Company to hold office for the second term of vacancy: three (3) years with effect from 21st August, 2026 till To consider and if thought fit, to pass with or without 20th August, 2029.” modification(s), the following Resolution as an 6. To ratify the remuneration of Dhananjay V. Joshi & Ordinary Resolution: Associates, Cost Accountants as Cost Auditors for the “RESOLVED THAT pursuant to the provisions of Section financial year ending 31st March, 2027: 152 of the Companies Act, 2013, Mr. Berjis Desai To consider and if thought fit, to pass with or without (DIN: 00153675), Non-Executive Non-Independent modification(s), the following Resolution as an Director, retires by rotation at 40th Annual General Ordinary Resolution: Meeting (AGM) and has not offered himself for re- “RESOLVED THAT pursuant to the provisions of appointment. Section 148 and all other applicable provisions of RESOLVED FURTHER THAT vacancy caused by the Companies Act, 2013 and the Companies (Audit the retirement of Mr. Berjis Desai not be filled up at and Auditors) Rules, 2014 (including any statutory 40th AGM.” Annual Report 2025-26 275 BUILDING FOR FUTURE modification(s) or re-enactment(s) thereof, for the time being in force), the Company hereby ratifies the remuneration of `0.325 Mn. as Audit fees plus out of pocket expenses at actual plus applicable taxes, payable to Dhananjay V. Joshi & Associates, Cost Accountants (Firm Registration No. 00030) who have been appointed by the Board of Directors as Cost Auditors of the Company, to conduct the audit of the cost records of the Company for the financial year ending 31st March, 2027.” By Order of the Board of Directors For Praj Industries Limited Anant Bavare Place: Pune Company Secretary & Compliance Officer Date: 15th July, 2026 (M. No. 21405) Registered Office: “Praj Tower”, S. No. 274 & 275/2, Bhumkar Chowk-Hinjewadi Road, Hinjewadi, Pune 411 057. Notes: 5. Relevant documents referred to in the accompanying Notice and the Statement are open for inspection by 1. Ministry of Corporate Affairs (“MCA”), vide its General the members at the Registered Office of the Company Circular No. 03/2025 dated 22nd September, 2025 on all working days (Saturdays and Sundays are weekly (“MCA Circular”) and the Securities and Exchange offs), during business hours up to the date of the AGM. Board of India (“SEBI”) vide its Circular dated 3rd October, 2024 (“SEBI Circular”), has permitted convening the 6. The Company has notified Thursday, the 6th August, general meetings through VC/OAVM, without physical 2026 as Record Date for the purpose of declaration of presence of the members at a common venue. dividend. Accordingly, the 40th AGM of the Company is being held The Dividend, if any declared, shall be payable to those through VC/OAVM. The deemed venue for the AGM shareholders whose names stand registered: shall be “Praj Tower”, S. No. 274 & 275/2, Bhumkar Chowk–Hinjewadi Road, Hinjewadi, Pune-411 057. a. As beneficial owner as at the end of business hours on Thursday, the 6th August, 2026 as per 2. As the AGM is being held through VC/OAVM, the the lists to be furnished by National Securities facility to appoint proxy shall not be available for the Depository Limited and Central Depository AGM and hence the Proxy Form, the Attendance Slip Services (India) Limited in respect of the shares and the Route Map are not annexed to this Notice. held in the electronic form. However, Corporate members intending to attend the Meeting through VC/OAVM are requested to send to b. As member in the register of members the Company a certified copy of the Board Resolution (Beneficiaries Position) of the Company/ authorising their representative to attend and vote on Registrar & Share Transfer Agent on Thursday, the their behalf at the Meeting. 6th August, 2026. 3. Information regarding appointment of Director and c. The dividend on Equity Shares, if declared at Explanatory Statement in respect of Special Business the Meeting, will be credited / dispatched by to be transacted pursuant to Section 102 of the 11th September, 2026 before statutory time limit. Companies Act, 2013 (“the Act”) and/or Regulation 7. Members holding shares in electronic form are 36(3) of the SEBI (Listing Obligations and Disclosure requested to intimate any change in their address or Requirements) Regulations, 2015 (“the Listing bank mandates to th [Showing first 8,000 characters — download PDF for full document]