Shareholders meeting

IMIL/SE/34AGM/PC/0826 August 07, 2026 By Online Submission BSE Limited National Stock Exchange of India Limited Corporate Relationship Department Exchange Plaza, 5th Floor ,Plot No. C/1, 1st Floor, New Trading Ring, G-Block, Bandra Kurla Complex, Rotunda Building, P J Towers, B a n d ra (East), Dalal Street, Fort, Mumbai 400 051 Mumbai 400 001 Email [cmlist@nse.co.in] Email [corp.relations@bseindia.com] Stock Code : IGARASHI Stock Code : 517380 Kind Attnd: Compliance Dept Dear Sir/Madam, Subject: Gist of Proceedings of the 34th Annual General Meeting held on August 07, 2026-reg Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; Letter No. IMIL/SE/AR26/0726 dated July 13, 2026 Further to our letter dated above, the 34th Annual General Meeting (“AGM”) of the Company was held on Friday, August 07, 2026 at 10:00 A.M through Video Conference (VC) / Other Audio Visual Means (OAVM) without the physical presence of the Shareholders at a common venue, which concluded at 11:25 A.M (including time allowed for e-voting at AGM) after transacting the business mentioned in AGM notice dated May 21, 2026. In this regard, please find enclosed the following, Gist of proceedings of the 34th Annual General Meeting as required under Regulation 30 read with Part A of Schedule III of SEBI LODR, 2015. Kindly take the above information on your records. Thanking you, Yours truly, For Igarashi Motors India Limited P Dinakara Babu Company Secretary & Compliance Officer IGARASHI MOTORS INDIA LIMITED Reg. Off & Plant 1: Plot B12 to B15, Phase II, MEPZ-SEZ, Tambaram, Chennai- 600 045, India CIN : L29142TN1992PLC021997, e-mail: investorservices@igarashimotors.co.in, Website: www.igarashimotors.com Tell: +91-44-42298199/22628199 GIST OF PROCEEDINGS OF THE 34th ANNUAL GENERAL MEETING OF IGARASHI MOTORS INDIA LIMITED HELD ON FRIDAY, AUGUST 07, 2026 AT 10.00 A.M (IST) THROUGH VIDEO CONFERENCE (VC) / OTHER AUDIO VISUAL MEANS (OAVM) AT REGISTERED OFFICE OF THE COMPANY Present: SI. Name of the Directors Designation Attended through VC from 1 Mr. Hemant M Nerurkar Chairman of the Board Mumbai, India 2 Mr. Haruo Igarashi Director Tokyo, Japan 3 Mr. L Ramkumar Independent Director, Chairman of Chennai, India Audit and Nomination & Remuneration Committees, 4 Mrs. SM Vinodhini Independent Woman Director and Chennai, India Chairman of Stakeholders Relationship Committee 5 Mr. Thomas Francis Mckeough Director Chicago, USA 6 Mr. R Chandrasekaran Managing Director Registered Office, Chennai In Attendance: SI. Name of the Officials Designation Attended through VC from Key Managerial Personnel (KMP) 1 Mr. P Dinakara Babu Company Secretary Registered Office, Chennai 2 Mr. S Vivekchandranath Chief Financial Officer Registered Office, Chennai Auditors & RTA 3 Mr. Praveen Kumar Jain Partner, B S R & Co. LLP, Chartered Chennai , India Accountants, Statutory Auditors 4 Mr. C Prabhakar Partner, BP & Associates, Practicing Chennai, India Company Secretaries, Secretarial Auditor & Scrutinizer (e-voting) 5 Ms. Sofia Registrar & Transfer Agent – Cameo Chennai, India Corporate Services Ltd. The meeting commenced at 10:00 A.M and concluded at 11:25 A.M (including time allowed for e-voting at AGM) Members Present: A total of 78 Members (Including 3 members of Promoter & Promoter Group) representing 2,36,28,788 (75.07%) shares attended the meeting through video conferencing. Chairman Mr. Hemant M Nerurkar, Chairman of the Board of Directors presided over the meeting. At 10.00 A.M (IST), the Chairman commenced the meeting by welcoming the members to 34th Annual General Meeting of the Company. The Chairman informed the Members that the meeting is being held through Video Conference (VC)/ Other Audio-Visual Means (OAVM) and service provided by Central Depository Services India Ltd (CDSL) in accordance with the circulars and guidelines issued by MCA and SEBI. Page (1/4) IGARASHI MOTORS INDIA LIMITED Reg. Off & Plant 1: Plot B12 to B15, Phase II, MEPZ-SEZ, Tambaram, Chennai- 600 045, India CIN : L29142TN1992PLC021997, e-mail: investorservices@igarashimotors.co.in, Website: www.igarashimotors.com Tell: +91-44-42298199/22628199 The Chairman then announced that pursuant to the provisions of Section 103 of the Companies Act, 2013 and Circulars issued by MCA, requisite quorum being present, declared the meeting to be in order. The Chairman further informed that the 34th AGM notice dated May 21, 2026 has been circulated by e-mail to shareholders on July 13, 2026 and hosted on the website of the Company, Stock Exchanges and also published in The Hindu Tamil and Business Standard Newspapers on July 14, 2026. The Notice had been taken as read. The Chairman introduced the Directors, KMP and Senior Management to the members. Further he informed the presence of Mr. Praveen Kumar Jain, Partner, B S R & Co. LLP, Chartered Accountants, Statutory Auditors, Mr. C Prabhakar, Partner, BP & Associates, Secretarial Auditor & Scrutinizer and Ms. Sofia, representing Registrar and Share Transfer Agent, Cameo Corporate Services Ltd. The Chairman thereafter requested Mr. P. Dinakara Babu, Company Secretary, to brief the Members on the general instructions relating to participation in the Meeting. The Company Secretary informed the Members that the 34th Annual General Meeting ("AGM") was being conducted through Video Conferencing ("VC") / Other Audio-Visual Means ("OAVM") in compliance with the applicable circulars and guidelines issued by the Ministry of Corporate Affairs ("MCA") and the Securities and Exchange Board of India ("SEBI"). He further informed that the facility for joining the Meeting through VC/OAVM had been made available to the Members on a first-come, first-served basis. He also informed the Members that, in accordance with the provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company had provided the facility to exercise their voting rights electronically through both remote e-voting prior to the AGM and e-voting during the AGM. He further informed the Members that the live webcast link for the 34th AGM had been made available on the Company's website. The Company Secretary also informed the Members that the statutory registers and other documents required to be made available under the Companies Act, 2013 were available for electronic inspection by the Members during the AGM. Since the AGM was being held through VC/OAVM, the facility for appointment of proxies was not applicable in terms of the MCA Circulars. Accordingly, the Register of Proxies was not maintained for inspection. He also requested the Members to refer to the instructions contained in the Notice of the AGM for seamless participation in the Meeting through VC/OAVM. Thereafter, the Chairman delivered his address to the Members, highlighting the global and Indian automotive industry outlook, the Company's business performance, strategic opportunities arising from global market shifts, future growth priorities, business development initiatives covering actuator motors, sub-assemblies and non- automotive BLDC motors for ceiling fans, the financial performance for the first quarter of FY 2026-27, market share across key applications, environmental, social and governance (ESG) initiatives, and the Company's product expansion strategy with technology-neutral motors. Page (2/4) IGARASHI MOTORS INDIA LIMITED Reg. Off & Plant 1: Plot B12 to B15, Phase II, MEPZ-SEZ, Tambaram, Chennai- 600 045, India CIN : L29142TN1992PLC021997, e-mail: investorservices@igarashimotors.co.in, Website: www.igarashimotors.com Tell: +91-44-42298199/22628199 The Chairman further informed the Members that, pursuant to the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company had provided t [Showing first 8,000 characters — download PDF for full document]