Proceedings of the 43rd Annual General Meeting (AGM)

August 07, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001. Scrip Code: 513532 Sub: Proceedings of the 43rd Annual General Meeting held on August 07, 2026 Dear Sir/Madam, Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith a summary of proceedings of the 43rd Annual General Meeting of the Company held on August 07, 2026 at 3:00 PM through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”). We request you to take the above on record. Thanking you. For Pradeep Metals Limited Abhishek Joshi Company Secretary & Compliance Officer ACS: 64446 A. Date, time and venue of the Annual General Meeting (Meeting): The 43rd Annual General Meeting (AGM) of the Company was held on Friday, August 07, 2026 through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The Meeting commenced at 03.00 p.m. (IST) and concluded at 03.55 p.m. (IST) (including time allowed for e-voting at AGM). A total of 78 Members attended the Meeting as per the records of attendance. B. Proceedings in brief: ● Mr. Pradeep Goyal, Chairman & Managing Director, chaired the Meeting. ● The Company Secretary, Mr. Abhishek Joshi welcomed all the Members at the 43rd AGM of the Company. The requisite quorum being present, the Chairman called the Meeting to order. He further informed the Members that, since the AGM was being held through VC/OAVM, the facility for appointment of proxies was not applicable. He also informed the Members that the Statutory Registers and other relevant documents referred to in the Notice convening the AGM were available for electronic inspection by the Members during the Meeting. ● The Members were informed that the Company had provided the facility of remote e- voting through the National Securities Depository Limited (“NSDL”) platform. The remote e-voting commenced at 9:00 A.M. (IST) on Tuesday, August 04, 2026 and concluded at 5:00 P.M. (IST) on Thursday, August 06, 2026. Members were informed that those who had not cast their votes through remote e-voting could cast their votes electronically during the Meeting and until 15 Minutes after the conclusion of the Meeting through the e-voting facility provided by NSDL. ● Thereafter, the Company Secretary informed that pursuant to the circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India, the AGM was convened using Video Conferencing/Audio-visual means in compliance with requirements laid down thereunder. The Company had taken all possible steps to ensure that the Members were provided with an opportunity to participate in the AGM through video conferencing facility and vote on the resolutions. ● Mr. Abhishek Joshi informed the Members that the Notice convening the 43rd AGM and the Annual Report for the financial year ended March 31, 2026 was circulated electronically to the Members of the Company and was taken as read with the permission of Chairman and Members. The Reports of the Statutory Auditor on the standalone and consolidated financial statements did not contain any qualification or adverse remarks and hence were not required to be read. He then asked the Chairman Mr. Pradeep Goyal to address the Members. ● Mr. Pradeep Goyal, Chairman and Managing Director, welcomed the Members and then introduced the Directors and panelists present at the Meeting. All the Directors, except Dr. Kewal Krishan Nohria, were present at the Annual General Meeting. ● Mr. Pradeep Goyal then apprised the Members on the financial, operational and business performance of the Company in FY 2025-26 and elaborated on the Company’s largest expansion since inception—a strategic investment of up to ₹250 crores to establish a greenfield manufacturing facility for large caliber ammunition in Nagpur, the Defense Hub of Maharashtra. ● After the Chairman’s speech, he requested the Company Secretary to call out the Members who had expressed their desire to speak at AGM. Pre-registered Members were provided with the opportunity to ask questions or express their views through VC / OAVM. The Chairman responded to all the questions of the Members and provided clarifications, wherever necessary. ● The Chairman further mentioned that since the AGM is held through Video Conference and the resolutions mentioned in the Notice convening the AGM have been put to vote only through e-voting, and there will be no proposing and seconding of resolutions and no voting by show of hands. He further mentioned that a voting facility will also be available for those Members who have participated in the Meeting and who did not cast their vote through remote e-voting. ● The following items of business, as set out in the Notice convening the 43rd AGM were put to vote in the Meeting: Sr. No. Ordinary Business Ordinary / Special Resolution 1. To consider and adopt: Ordinary Resolution 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; and b. the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Reports of the Auditors thereon. 2. To declare Dividend on Equity Shares for the Financial Year Ordinary Resolution ended March 31, 2026. Special Business 3. To appoint a Director in place of Dr. Kewal Krishan Nohria Special Resolution (DIN: 00060015), who retires by rotation, has attained the age of Seventy-Five years and being eligible, offers himself for reappointment. 4. To re-appoint Mr. Pradeep Goyal as a Chairman and Special Resolution Managing Director of the Company (DIN: 00008370) for a further period of 3 (Three) years and confirm continuation of Directorship upon attaining age of Seventy Years. 5. To approve the remuneration of the Cost Auditors for the Ordinary Resolution Financial Year ending March 31, 2027. ● It was informed that: ➢ The Company had appointed Ms. Shweta Gokarn, Practicing Company Secretary as the Scrutinizer to scrutinize the remote e-voting and e-voting at AGM in a fair and transparent manner. ➢ The e-voting results along with the consolidated Scrutinizer’s Report shall be disseminated to the Stock Exchanges and shall also be placed on the website of the Company and NSDL. ➢ The resolutions, as set forth in the Notice, shall be deemed to be passed subject to receipt of requisite number of votes. ● The Meeting then concluded, and the Chairman thanked all the Members for their participation. We request you to take the above information on records. For Pradeep Metals Limited Abhishek Joshi Company Secretary & Compliance Officer ACS: 6444