Indian Toners & Developers Limited has submitted to BSE Limited minutes of the proceedings of 36th Annual General Meeting of the company held on 13.07.2026. (Letter attached)

August 06, 2026 The Secretary The BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001. SCRIP CODE : 523586 Dear Sir, Pursuant to provisions of the Listing Regulations, we are sending herewith minutes of the proceedings of 36th Annual General Meeting of the Company held on 13.07.2026. Kindly take the above on your records. Thanking you, Yours faithfully, For Indian Toners & Developers Limited (Vishesh Chaturvedi) Company Secretary & Compliance Officer ACS 23718 Encl.: As above / MINUTE BOOK MINUTES OF THE PROCEEDINGS OF THE 36TII ANNUAL GENERAL MEETING OF THE MEMBERS OF INDIAN TONERS & DEVELOPERS LIMITED HELD ON MONDAY, 13TH JULY, 2026 AT 2.00 P.M. AT 10.5 K.M. MILESTONE, RAMPUR BAREILL Y ROAD, RAMPUR AND CONCLUDED AT 3.00 P.M. Present • Sh. Sushil Jain - Chairman .• ·tSh. Arun Kumar Garg Independent Director Chairman - Audit Committee & Stakeholders Relationship Committee • Sh. Vishnu Pershad Mathur Independent Director • Sh. Satycndra Paroothi - Wholctime Director • . Sh. Vishesh Chaturvcdi - Company Secretary • Sh. Surya Pratap Singh - CFO • Mrs. Kavita Nangia - Partner, B. K. Shroff & Co. Statutory Auditors • Sh. Mukesh Agarwal - Mukesh Agarwal & Co., Secretarial Auditor • Sh. V. I-Iari - Practising Company Secretary, Scrutinizer No. of members present inperson - 32 No. of authorized representatives present - NIL. No. of proxies present -NIL. The Register of Members, the Register of Directors & Key Managerial Personnel and their shareholding, the Register of contracts or arrangements in which directors are interested, the Proxy Register and other statutory registers, Auditor's Report and Secretarial Audit Report were kept open for inspection by the members at the venue of the meeting and same were accessible during the continuance of the meeting. PROCEEDINGS Sh. Sushil Jain, Chairman of the Company took the Chair. The Chairman acknowledged the presence of the Statutory Auditors, Mrs, Kavita Nangia on behalf of MIs. B. K. Shroff & Co, Chartered Accountants, Secretarial Auditors, Mr. Mukesh Agarwal on behalf of Mis. Mukesh Agarwal & Co., Company Secretaries and Sh. Varanasi Hari, Scrutinizer. CHAIRMAN' copy INITIALS CEFiTIFIED TRUE For Indian Toners & Developeraz.t t ,.AMlAN'! MINUTE BOOK The Chairman further informed that Sh. Sanjay Gupta and Smt. Manisha Chama ria, Directors could not attend the AGM due to their pre-occupation. The Chairman declared the meeting as validly convened on the basis of advice from the Company Secretary that the requirement of the quorum as per the Articles of Association of the Company and the Companies Act, 2013, was fulfilled. ""-"'. Thereafter, the Chairman commenced the proceedings. CHAIRMAN'S SPEECH The Chairman of the meeting welcomed the members to the 361h Annual General Meeting of the Company and introduced the Directors present. The Chairman further informed that the financial year 2025-26 witnessed steady economic growth supported by resilient domestic demand, improving industrial activity and favourable government initiatives towards manufacturing and infrastructure development. Despite fluctuations in raw material prices and continuing global uncertainties, your Company remained focused on operational excellence, customer satisfaction and sustainable growth. He further informed that during the financial year 2025-26, the Company achieved revenue from operations of n65.81 crorc, as against nS2.99 crore in the previous year, registering a growth of around 8.4%. Profit Before Tax stood at ~34.70crore, compared with n3.51 crorc during the previous financial year. Profit After Tax increased significantly to ~27.23 cror'c, as against ~22.44 crorc in the previous year, reflecting an impressive growth of over 21%. This performance reflects the Company's continued emphasis on operational efficiency, prudent cost management, product quality and strong customer relationships. Your company is paying uninterrupted dividend of 30% every year since financial year 2017-18 which was increased to 35% in the financial year 2022-23 and further increased to 45% in the financial year 2023-24 and thereafter. In FY 2025-26, the company has declared an interim dividend @ 60%. The Management of your Company is exploring opportunities to invest in some new projects and other activities as part of diversification plan. I'.~'. CHAIRMAN'S lNITIALS CERTIFIED TRUE COpy or Inuldfl h.)IIt..I~ MINUTE BOOK ShJita· NOTICE AND AUDITORS' REPORT The Chairman informed the members that Notice has been circulated to the members within the time limit specified by Companies Act 2013. With the permission of members, Notice convening the meeting was taken as read. The Chairman informed that the Auditors' Report for the year ended 31 March, 2026 did not have any qualifications, observations or comments on financial transactions or matters, which have any adverse effect on the functioning of the Company. In terms of Section 145 of the Companies Act, 2013, the Auditors' Report was read out by the Company Secretary. The Chairman informed that the Secretarial Audit Report for the year ended 3pl' March, 2026 did not have any qualifications, observations or comments in pursuant 10 Section 204(1) read with Rule 9 of the Companies (Appointment and Remuneration Personnel) Rules, 2014. QUESTIONS AN)) E-VOTING & POLL The Chairman invited the members for their queries/comments/suggestions or clarifications, if any, on the agenda items as set out in theNotice of 36th Annual General Meeting. The Chairman responded to the queries raised by the Members present in the Meeting to their satisfaction. Now, the Chairman asked the Company Secretary to brief the poll process to the members. The Company Secretary briefed that as per Section 108 of the Companies Act, 2013 read with rule 20 of the Companies (Management and Administration) Rules 2014 and amendments thereof and the Listing Regulations, the Company had extended c- voLing facility to the members in respect of businesses to be transacted at the Annual General Meeting. The e-voting period was opened from 10th July, 2026 (9.00A.M.) to 12lh July, 2026 (S.O() P.M). I-Iefurther informed that the members who have cast their vote by remote c-voting prior to the AGM may also attend the }\GM but shall not be entitled to cast their votc again. llc further informed the members that the Company would conduct a poll to provide an opportunity to the members present in person or through proxy at the meeting to cast their votes and also informed that, Sh, V. lIari CCP: 8244), Practicing Company Secretary was appointed as a Scrutinizer for the c-voting and poll proecss and he is present at the venue to monitor the poll process. CHAIRMAN'! INITIALS CERTiFIED TRUE COpy for Indian Toner~\' ,~~: J. MINUTE BOOK The Company Secretary stated that ballot papers were already distributed to the members and the members may cast their vote. The results of e-voting and poll will be declared on 14.07.2026 and the same would be intimated to Stock Exchanges immediately. He further stated that the result would also be available on the Company's website www.indiantoners.com and at the registered office of the Company. The Chairman explained to the shareholders, the objectives and implications of the resolutions set out in the notice. Result of' the voting by Ballot Paper and Remote E-Voting on the Ordinary and Snecial Businesses at the Annual General Meeting of the Comnany heid on 13th July, 2026 On the basis of the Scrutinizer's Report for the Voting through Ballot Paper at the 36th Annual General Meeting on 13th July, 2()26 and for the Remote E-Voting between 10th July, 2026 (9:00 am) and 12th July, 2026 (5:00 pm), the summary of whieh is mentioned hereunder, all the Resolutions for the Ordinary businesses and Special Businesses as set out in Item No. 1 to 6 in the Notice of the 36th Annual General Meeting of the Company have been duly passed by the requisite majority. '._.... Resolution No. 1 - To Consider and Adopt the Audit [Showing first 8,000 characters — download PDF for full document]