Summary of proceedings of the 112th Annual General Meeting of the Company.

Regd. Office : 301-302, Heritage Horizon, 3rd Floor, off. C.G. Road, Navrangpura, Ahmedabad 380009.Email : ahmedabad@mafatlals.com Tel. 079-26444404–06. Marketing Off. : Mafatlal House, 5th Floor, H.T. Parekh Marg, Backbay Reclamation, Churchgate, Mumbai – 400 020. MAFATLAL INDUSTRIES LIMITED Tel. 91 022 6617 3636. CIN : L17110GJ1913PLC000035 Website : www.mafatlals.com 7th August, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai 400001 Stock Code: 500264 Dear Sir/Madam, Sub.: Summary of proceedings of the 112th Annual General Meeting of the Company. Pursuant to Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the summary of proceedings of the 112th Annual General Meeting (AGM) of the Members (Shareholders) of the Company held on Friday, 7th August, 2026, at 3.30 p.m. (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The voting results of the 112th Annual General Meeting will be declared and disseminated to the exchange separately on or before 9th August 2026 and will also be placed on the website of the Company. The proceedings of the 112th AGM will also be made available on the Company’s website https://www.mafatlals.com under the “Investors” section. This is for your information and record. Thanking You, Yours faithfully, For Mafatlal Industries Limited Amish Shah Company Secretary Encl.: a/a Regd. Office : 301-302, Heritage Horizon, 3rd Floor, off. C.G. Road, Navrangpura, Ahmedabad 380009.Email : ahmedabad@mafatlals.com Tel. 079-26444404–06. Marketing Off. : Mafatlal House, 5th Floor, H.T. Parekh Marg, Backbay Reclamation, Churchgate, Mumbai – 400 020. MAFATLAL INDUSTRIES LIMITED Tel. 91 022 6617 3636. CIN : L17110GJ1913PLC000035 Website : www.mafatlals.com SUMMARY OF PROCEEDINGS OF THE 112TH ANNUAL GENERAL MEETING (AGM/MEETING)  The 112th AGM of the Company was held today i.e. on Friday, 7th August, 2026, at 3.30 p.m. (IST) through VC/OAVM. The venue of the meeting was deemed to be the Registered Office of the Company, situated at 301-302, Heritage Horizon, 3rd Floor, Off C.G. Road, Navrangpura, Ahmedabad - 380 009.  95 Members attended the Annual General Meeting through Video Conferencing (VC) / Other Audio Visual Means (OAVM). As requisite quorum was present, the Chairman called the meeting to order. Mr. Hrishikesh A. Mafatlal, Chairman of the Company, chaired the proceedings of the meeting in respect of agenda Item Nos. 1, 2, 4 and 7. Mr. Atul K. Srivastava, Independent Director, chaired the meeting in respect of agenda Item Nos. 3, 5 and 6.  The Chairman welcomed the Members to the Meeting and informed them that the Meeting was being held through Video Conferencing (VC) / Other Audio Visual Means (OAVM) in compliance with the applicable provisions of the Companies Act, 2013 read with the rules made thereunder, the circulars issued by the Ministry of Corporate Affairs (MCA), the Secretarial Standards on General Meetings, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as applicable. He further informed the Members that the Company had taken all feasible steps under the prevailing circumstances, to facilitate their participation in the Meeting and to enable them to cast their votes on the resolutions set out in the Notice convening the Meeting.  All the Directors of the Company were present at the Meeting except Dr. Archana N. Hingorani, through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The Chairman introduced the Directors, the Company Secretary, the Managing Director & Chief Executive Officer and the Chief Financial Officer to the Members. The Chairman further informed the Members that the representatives of M/s. Price Waterhouse Chartered Accountants LLP, Statutory Auditors of the Company and Mr. Umesh Ved, Secretarial Auditor and Scrutinizer for the remote e-voting process and e-voting conducted during the AGM, were also present through VC / OAVM.  Mr. Amish Shah, Company Secretary, explained the general instructions relating to the conduct of the Meeting, the voting process, the procedure for registered speakers to ask questions and the inspection of statutory documents by the Members.  The Members were informed that the Company had provided the facility of remote e-voting through KFin Technologies Limited in respect of all the resolutions set out in the Notice convening the AGM. The remote e-voting facility remained open from 9:00 a.m. (IST) on August 4, 2026, until 5:00 p.m. (IST) on August 6, 2026. Members who had not cast their votes through the remote e-voting facility were informed that they could vote electronically during the AGM through the 'Insta Poll' facility.  The Chairman informed the Members that, with the consent of the Members present, the Notice convening the Meeting, the Report of the Board of Directors and the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended 31st March 2026, together with the Reports of the Statutory Auditors and the Secretarial Auditor thereon, were taken as read, as the same had already been circulated to the Members. He further informed the Members that since the Reports of the Statutory Auditors and the Secretarial Auditor did not contain any qualification, reservation, adverse remark or disclaimer, they were not required to be read. Thereafter, the Chairman addressed the Members and shared an overview of the global and Indian economic environment, the Company's financial performance for the financial year under review, the performance of its business segments, and the financial performance for the first quarter of the financial year 2026-27. Regd. Office : 301-302, Heritage Horizon, 3rd Floor, off. C.G. Road, Navrangpura, Ahmedabad 380009.Email : ahmedabad@mafatlals.com Tel. 079-26444404–06. Marketing Off. : Mafatlal House, 5th Floor, H.T. Parekh Marg, Backbay Reclamation, Churchgate, Mumbai – 400 020. MAFATLAL INDUSTRIES LIMITED Tel. 91 022 6617 3636. CIN : L17110GJ1913PLC000035 Website : www.mafatlals.com  On the invitation of the Chairman, the Members who had registered themselves as speakers addressed the Meeting through Video Conferencing (VC) / Other Audio Visual Means (OAVM) and sought clarifications on the Company's financial statements, business operations, future growth strategy, business outlook and other matters relating to the affairs and performance of the Company. The Chairman responded to the queries raised by the Members and provided the necessary clarifications to their satisfaction.  Thereafter, the Chairman informed the Members that the following seven resolutions were proposed for consideration and approval at the AGM. He further informed the Members that the explanatory statement, setting out the material facts relating to each item of Special Business, formed part of the Notice convening the AGM. SR. ITEMS NATURE OF NO. RESOLUTION [ORDINARY / SPECIAL] ORDINARY BUSINESS 1. To consider and adopt the audited Standalone and Consolidated Ordinary Resolution financial statements of the Company for the financial year ended on 31st March, 2026, together with the reports of the Board of Directors and the Auditors thereon. 2. To confirm Interim Dividend declared by the Board of Directors Ordinary Resolution and declare Final Dividend on equity shares of the Company for the financial year ended on 31st March2026. 3. To appoint a Director in place of Mr. Priyavrata H. Mafatlal (DIN: Ordinary Resolution 02433237) who retires by rotation and being eligible, offers himself for re-appointment. SPECIAL BUSINESS 4. To ratify the payment of remuneration to the Cost Auditors for the Ordinary Resolution financial year 2026-27. 5. Re-appointment and Re-designation of Mr. Priyavrata H. Mafatlal Special Resolution (DIN: 02433237) as Managing Director and Chief Executive Officer (MD & CEO) of the Company. 6. Re-appointment of Mr. Hrishikesh A. 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