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: 12th Annual General Meeting of the Company - Scrutinizers Report and Voting Results The 12th Annual General Meeting (AGM) of the Company was held on Wednesday, August 5, 2026 at 11.00 a.m. (IST) through two-way Video Conference ('VC')/Other Audio Visual Means ('OAVM') 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 requisite majority. The Company also facilitated the live webcast of the proceedings. In this regard, please find enclosed the following: 1. Combined voting results of remote e-voting and e-voting conducted during the AGM, in relation to the business transacted at the AGM, as required under Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 2. The Scrutinizer's Report dated August 5, 2026, pursuant to Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014. The voting results along with the Scrutinizer's Report is available on the Company's website at www.birla-sugar.com and is also being made available on the website of the National Securities Depository Limited, National Stock Exchange of India Limited, BSE Limited and on the Notice Board at the Registered Office of the Company. The above is for your information and records. 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 7,to,han Ram Goenka Practicing Company Secretary CONSOLIDATED SCRUTINIZER'S REPORT 'Pursuant to Section 108 of the Companies Act, 2013 and Companies (Nlanagement and Administration) Rules, 2014, as amended) The Chairman of the 12th Annual General Meeting (AGM) of the Members of PALASH SECURITIES LIMITED (CIN: L74120UP2015PLC069675), held on Wednesday, the 5'h day of August, 2026 at 11.00 A.M through Video Conferencing ("VC") /Other Audio Visusal Means("OAVM"). Dear Sir, 1. I, Mohan Ram Goenka, Company Secretary in Practice (FCS No. 4515, CP No. 2551), was duly appointed as a Scrutinizer by the Board of Directors of PALASH SECURITIES LIMITED (the Company) for the purpose of Scrutinizing the process of (i) remote e-voting system (votes cast during the AGM and votes cast prior to the AGM) on the resolutions contained in the notice dated May 15, 2026 ("Notice") issued in accordance with the Ministry of Corporate Affairs ("MCA") vide its General Circular No. 03/2025 dated 22nd September, 2025 issued by the Ministry of Corporate Affairs (MCA), Circular dated 3rd October, 2024 issued by SEBI and such other applicable circulars issued by MCA and SEBI, permitted convening the Annual General Meeting ("AGM" / "Meeting") through Video Conferencing ("VC") or Other Audio Visual Means ("OAVM"), without physical presence of the members at a common venue. In accordance with the MCA Circulars, provisions of the Companies Act, 2013 ("the Act") and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), the AGM of the Company was held through VC/OAVM. The AGM was convened on Wednesday, the 5th day of August, 2025 at 11:00 A.M 1ST through VC / OAVM. 2. The Management of the Company is responsible to ensure the Compliance with the requirements of the Act, and Rules relating to voting through electronic modes on the resolutions proposed in the Notice of Twelfth Annual General Meeting of the Members of the dated May 15, 2026. My responsibility as a Scrutinizer for the e-voting process (i.e., through remote e-voting and e-voting during AGM) is to ensure that the voting process is conducted in a fair and transparent manner and is restricted to making a Scrutinizer's Report for the votes cast in "favour" or "against" on the resolutions proposed in the Notice of the 12th AGM of the Company, based on the report generated from the e-voting system provided by National Securities Depository Limited (NSDL), the agency engaged by the Company to provide e-voting facility for voting through electronic means and the documents furnished to me electronically for my verification. 3. The Members holding equity shares as on the "cut-off date" i.e. July 29, 2026 were entitled to vote on the resolutions proposed in the Notice calling the Twelfth Annual General Meeting. 4. In terms of the aforesaid Notice and as per the provisions of Section 108 of the Companies Act, 2013 (the 2013 Act) read with Rule 20 of the Companies (Management and Administration) Rules, 2014, as amended, and the provisions of Regulation 44 of the SEBI Listing Regulations, 2015 and the MCA Circulars issued from time to time, the remote e-voting facility was kept open from Saturday, August 01, 2026 (9:00 A.M.) till Tuesday, August 4, 2026 (5:00 P.M.) and pursuant to MCA Circulars referred above, the Company had also provided Page 1 of 3 MR & Associates(cid:9) Continuation sheet (cid:9) remote e-voting facility to the shareholders present at the AGM through VC / OAVM and who had not cast their vote earlier and Members were requested to cast their votes electronically conveying their assent or dissent in respect of the resolution on the e-voting platform provided by National Securities Depository Limited (NSDL). 5. After the closure of remote e-voting at the AGM, the report on voting done at the AGM electronically and the votes cast under remote e-voting facility prior to the AGM were unblocked and counted. 6. The votes cast through remote e-voting were unblocked in the presence of two witnesses who acted as witnesses as prescribed under sub-rule 4(xii) of Rule 20 of the Companies (Management and Administration) Rules, 2014, as amended. 7. Based on the results made available to me 54 members have casted their votes through remote e-voting facility and none of the members have casted their votes through e-voting on the day of AGM. The brief analysis of the results of the voting through Remote e-voting facility and e-voting on the day of AGM, based on the report generated by NSDL, scrutinized on test- check basis and relied upon by me, are as under: Item No. 1- Ordinary Resolution: 1. To receive, consider and adopt: 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. Particulars No. of votes contained in Percentage Remote E-Voting E-voting on date of AGM Total No. Votes No. Votes No. Votes Assent 53 7338361 0 0 53 7338361 99.85 Dissent 1 11000 0 0 1 11000 0.15 Total 54 7349361 0 0 54 7349361 100.00 Abstain / - - - - - - - Invalid Item No. 2 - Ordinary Resolution: To appoint a director in place of Ms. Shalini Nopany (DIN: 00077299), who retires by rotation and being eligible, offers herself for re-appointment. Particulars No. of votes contained in Percentage Remote E-Voting E-voting on date of AGM Total (%) No. Votes No. Votes No. Votes Assent 51 7305468 0 0 51 7305468 99.85 Page 2 of 3 (cid:9) MR & Associates Continuation sheet (cid:9) Dissent [Showing first 8,000 characters — download PDF for full document]