Proceedings of 55th Annual General Meetings

DEEPAK Rl \f()N 5tBtt CARII DNL/ 138/BSE/ 173/2026 5th August, 2026 Department of Corporate Services BSE Limited Phiroze Jeejeebhoy Towers, Datal Street, MUMBAT - 400 00'1 Dear Sir, Scrip Code: 506401 )SuuDb:: KReegguultaatuioonn J30U ooft tthhee sEBt ((LLiissttiinngg oObblliiggaattiioonnss aanndd Disclosure Requirements) Regulations, 2015 ("Listing Regulations") - proceedings of the 55th Annual Genera'l Meeting Pursuant to Regulation 30 of the Listing Regulations, the proceedings of the 55th Annual General Meeting ("AGM") of the company hetd today i.e. wednesday, 5th August, 2026 through video Conferencing / Other Audio Visua[ Means are enctosed herewith as Anneiure-A. The above are also being uptoaded on the Company,s website at www.qodeepak.com. The AGM commenced at 11:30 A.M. and conctuded at 1:1g p.M. Thanking you, Yours faithfuIty, For DEEPAK LIMITED Company Enc[.: as above DEEPAK NITRITE LIMITED CIN: 124110GJ1970P1C001735 Registered & Corporate Office: 2d Floor, Fe.menter House, Alembic City, AlembicAvenue Road, Vadodara - 390 OO3, Gujarat, tndia. Tel: +91265 276 5200/276 5500 lnvestor Relations Contact: investor@ godeepak.com www.godeepak.com Annexure-A of 55th Annual General The 55th Annuat Genera[ Meeting ('AGM') of Members of Deepak Nitrite Limited (,the Company') was held on Wednesday, 5th August, 2026 at i1.30 A.M. (lST) through Video conferencing ('VC')/other Audio-Visuat Means ('OAVM'). The meeting was hetd in compliance with the General Circutars issued by the Ministry of corporate Affairs ('MCA') and circulars issued by the Securities and Exchange Board of lndia ('sEBl') and as per the appticabte provisions of the Companies Act, 2013 and the Rutes made thereunder. DIRECTORS PRESENT: Dr. (Hon.) Deepak C. Chairman & Managing Director and Chairperson of Corporate Mehta SociaI Responsibility Committee Shri Maulik Mehta Deputy Managing Director and Chairperson of Risk Management Committee Shri Meghav Mehta Deputy Managing Director Shri Sanjay Upadhyay Director (Finance) & Group CFO Shri Girish Satarkar Executive Director Shri Ajay C. Mehta Non-Executive Director and Chairperson of Stakehotders, Relationship & lnvestors Grievance Committee Shri Punit Lalbhai lndependent Director and Chairperson of Sustainability Committee Shri Viput Shah lndependent Director and member of Audit Committee, authorized by Chairperson of Audit Committee to attend on his behatf. Shri Mahesh Chhabria lndependent Director Dr. Arvind Nath Agrawal lndeirendent Director and Chairperson of Nomination and Remuneration Committee Ms. Bhumika Batra lndependent Director DIRECTOR ABSENT: Shri Diteep Choksi lndependent Director and Chairperson of Audit Committee KEY MANAGERIAL PERSONNEL PRESENT: Shri Somsekhar Nanda Chief Financiat Officer Shri Arvind Bajpai Company Secretary OTHER REPRESENTATIVES: Shri Hardik Sutaria Partner of Deloitte Haskins & Selts LLp, Chartered Accountants, Statutory Auditors Shri Dinesh Joshi Designated Partner, KANJ & Co. LLP, Company Secretaries, SecretariaI Auditors QUORU,II OF THE MEETING: A total of 70 members attended the AGM through VC/OAVM. PROCEEDINGS: Dr. (Hon.) Deepak C. Mehta, Chairman & Managing Director of the Company, chaired the Meeting. All the Directors of the company were present in the AGM at a singte location except shri Mahesh Chhabria and Shri Punit Latbhai who were present in the AGM from remote locations. The Chairman welcomed the Directors and Sharehotders to the AGM and after ascertaining that the requisite quorum is present, called the meeting to order. Shri Diteep choksi, lndependent Director and chairperson of the Audit committee, was not abte to attend the AGM. Dr. (Hon.) Deepak c. Mehta mentioned that shri Viput shah, member of the Audit Committee, authorized by the Chairperson of the Audit Committee to attend on his behalf, was present at the AGM. Accordingty, shri viput shah was avaitabte to address the queries of the sharehotders pertaining to matters within the purview of the Audit Committee. The chairman detivered his speech and thereafter, upon invitation by the chairman, the Sharehotders, who had registered themsetves in advance, for sharing their views at the AGM, expressed their views and queries, which were adequately answered by the chairman and other Directors. !t1.9 Notice convening the AGM was already circutated to att the Members on l4th July, 2026, the same was taken as read. As there were no quatifications, observations or adverie remarks in the statutory Auditor's Report and secretarial Auditor's Report, the said reports were not required to be read out at the AGM. The resolutions proposed to be passed at the AGM were explained to the Members by the Company Secretary. The remote e-voting was open from 9:00 A.M. on 2nd August, 20i6 titt 5:00 P.M. on 4th August, 2026 and the Members were atso informed that ths e-voting was avaitabte during the AGM and witl continue to be avaitabte for 15 minutes after the conclusion of the AGM and the Members who had not voted through remote e-voting were requested to vote. The following resotutions as set forth in the Notice convening 55th AGM were placed before the meeting for voting: 5r. Particular of Businesses Type of No. Resolution Ordinary Business: 1 To receive, consider, approve and adopt the Audited Standalone Ordinary Financial Statements of the Company for the Financial Year ended March 31,2026, together with the Reports of the Board of Directors, and the Auditor's thereon. 2. To receive, consider, approve and adopt the Audited Consotidated Ordinary Financiat Statements of the Company for the FinanciaI Year ended March 31, 2026, together with the Reports of the Board of Directors, and the Auditor's thereon. 3. To declare dividend of { 7.50 (Rupees Seven and Paisa Fifty onty), being Ordinary 375%, per equity share of face vatue of 2.00 (Rupees Two only) each for the Financial Year ended March 31 , 2026. 4. To appoint a director in place of Shri Girish Satarkar (DlN: 003401 16), Ordinary who retires by rotation at this Annuat General Meeting, in terms of Section I 52(6) of the Companies Act, 2013 and being etigibte, has offered himself for re-appointment. 5. To appoint Shri Anant Pande (DlN: 08186854) as a Director liabte to retire Ordinary by rotation, in ptace of Shri Ajay C. Mehta (DtN: 00028405), who retires by rotation at this Annual General Meeting and has not offered himself for the re-appointment, Special Business: 6. Appointment of Shri Anant Pande (DlN: 08186854) as Executive Director Ordinary & CMO of the Company, for a period of three (3) years with effect from August 5, 2026 and payment of remuneration to him. 7. Re-appointment and elevation of Shri Maulik Mehta (DtN: 05227290) as Ordinary Deputy Managing Director of the Company, for further period of five (5) years with effect from May 9,2026 and payment of remuneration to him. 8. Elevation and appointment of Shri Meghav Mehta (DtN: 05229853) as Ordinary Deputy Managing Director of the Company, for a period of five (5) years ryith effect from May 9,2026 and payment of remuneration to him. 9. Re-appointment of Shri Sanjay Upadhyay (DtN: 01776546) as Director Ordinary (Finance) & Group CFO of the Company, for further period of five (5) years with effect from August 1, 2026 and payment of remuneration to him. 10. Re-appointment of Shri Girish Satarkar (DlN: 00340'116) as Executive Ordinary Director of the Company, for further period of three (3) years with effect from August 4, 2026 and payment of remuneration to him. Sr. Particular of Businesses Type of No. Resolution 11 Appointment of Shri Mitin Mehta (DtN: 01291508) as an tndependent Speciat Director of the Company for a term of three (3) consecutive years with effect from August 7, 2026. 12. Appointment of Shri Adnan Ahmad (DlN: 00046742) as an tndependent Special Director of the Company for a term of three (3) consecutive years with effect from August 7, 2026. 13. Payment of Remuneration to Executive Directors who are promoters or Specia [Showing first 8,000 characters — download PDF for full document]