Pursuant to the provisions of Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith annual report along with the Notice of ....

Date:07.08.2026 To, To, Department of Corporate Services, Department of Corporate Services, BSE LIMITED P. J. Towers, Metropolitan Stock Exchange of India Dalal Street, Limited, Mumbai – 400 001. Building A, Unit 205A, Scrip Code: 539010 2nd Floor, Piramal Agastya Corporate Park, L.B.S Road, Kurla West, Mumbai - 400 070. Symbol: SMADL Subject: Copy of Annual Report including No(cid:415)ce of Annual General Mee(cid:415)ng Dear Sir/Madam, Pursuant to the provisions of Regula(cid:415)on 34 of SEBI (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015, we are enclosing herewith annual report along with the No(cid:415)ce of 30th Annual General Mee(cid:415)ng through Video Conference (VC) or Other Audio Visual Means (OAVM) as per the Companies Act, 2013 scheduled to be held on Saturday, August 29,2026 at 01:00 pm. This is for your informa(cid:415)on and record. Thanking You. Yours Faithfully, For and on behalf of the Board of the Directors of For Shri Mahalaxmi Agricultural Development Limited Kiran Vi(cid:425)hal Bhogate Execu(cid:415)ve Director DIN: 07844152 Encl: annual report along with no(cid:415)ce of 30th Annual General Mee(cid:415)ng ANNUAL REPORT 2022-23 SHRI MAHALAXMI AGRICULTURAL DEVELOPMENT LIMITED SHRI MAHALAXMAIN ANGRUIACULLRTEUPROALR DTE(2VE0L1O6P-M17EN) TS LTD. SHREE MAHALAXMIAGRICULTURAL DEVELOPMENTLTD. 30th ANNUAL REPORT 2022-2023 1 | Page ANNUAL REPORT 2022-23 ANNUAL REPORT 2022-23 SHRI MAHALAXMI AGRICULTURAL DEVELOPMENT LIMITED BOARD OF DIRECTORS Non- executive Independent Director : Prajakta Ashok Patil Non- executive Independent Director : Sidu Mahadev Jambhale Executive Director : Kiran Vitthal Bogate STATUTORY AUDITORS Auditors Mulraj D Gala & Co Chartered Accountants B-21, R C Marg, Chembur Naka, Mumbai, Maharashtra: : 400017 Membership No: 041206, Email Id: camdgala@rediffmail.com REGISTERED OFFICE Address 57-58-59, 6th Floor, Shree Krishna Centre Mithakhali Six Road, Mithakhali , Ahmedabad -380009 REGISTRAR SHARE TRANSFER AGENT Name and Address Skyline Financial Services Private Limited : D-153 A| Ist Floor | Okhla Industrial Area, Phase - I New Delhi-110 020.Tel No.: 011-26812682 ANNUAL GENERAL MEETING Date of Event : 29th August 2026 LISTED AT Stock Exchange : BSE Limited Metropolitan Stock Exchange of India Limited 2 | Page ANNUAL REPORT 2022-23 ANNUAL REPORT 2022-23 SHRI MAHALAXMI AGRICULTURAL DEVELOPMENT LIMITED INDEX Sr. No. Particulars 1. Notice 2. Directors’ Report 3. MDA 4. Annual Declaration on Code of Conduct 5. Secretarial Audit Report 6. Compliance certificate on Corporate Governance 7. Certificate of Non-Disqualification of Directors 9. Certification on Financial Statement 8. Corporate Governance Report 9. Balance Sheet 10. Profit & Loss account 11. Notes to Accounts 12. Cash Flow 13. Auditors’ Report 3 | Page ANNUAL REPORT 2022-23 ANNUAL REPORT 2022-23 SHRI MAHALAXMI AGRICULTURAL DEVELOPMENT LIMITED NOTICE NOTICE is hereby given that the 30th Annual General Meeting of the members of Shri Mahalaxmi Agricultural Development Limited to be through Video Conferencing on Saturday 29th August 2026 at 01:00 pm to transact the following business: ORDINARY BUSINESS 1. Adoption of Audited Standalone Financial Statements: To consider and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended March 31, 2023, including balance sheet as on March 31, 2023, the statement of profit and loss and cash flow statement for the financial year ended on that date together with the reports of the board of directors and the statutory auditors thereon. 2. Appointment of Mr. Kiran Bhogate (DIN: 07844152) as Director liable to retire by rotation. To consider and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution “RESOLVED THAT pursuant to Section 152 of the Companies Act, 2013, Mr. Kiran Bhogate (DIN: 07844152) be and is hereby appointed as an Executive Director of the Company, liable to retire by rotation.” For and on behalf of the Board of Directors of Shri Mahalaxmi Agricultural Development Limited Mr. Kiran Bhogate Mr.Sidhu Mahadev Jambhale Director Director DIN: 07844152 DIN: 08549263 Place: Ahmedabad Date: 07-08-2026 4 | Page ANNUAL REPORT 2022-23 ANNUAL REPORT 2022-23 SHRI MAHALAXMI AGRICULTURAL DEVELOPMENT LIMITED DETAILS OF DIRECTORS SEEKING APPOINTMENT / RE-APPOINTMENT AT THE ANNUAL GENERAL MEETING Detail of the Directors seeking appointment in the forthcoming Annual General Meeting in pursuance of Listing Regulations. Particulars Details Name of the Director Kiran Vitthal Bhogate Date of Birth 03/07/1983 Date of initial appointment 08/08/2019 Expertise in specific functional area Mr. Kiran Vitthal Bhogate specializes in executive leadership, corporate governance, and operational management within the agricultural development and financial services sectors. His primary expertise lies in business management, regulatory administration, and corporate strategic decision-making. B.com Qualifications Other Companies in which Directorship is Nil held as on March 31, 2026 Chairman of Committees formed by Board of Nil Other Companies on which he is a director as on March 31, 2026 Members of Committees formed by Board of Nil Other Companies on which he is a director as on March 31, 2026 5 | Page ANNUAL REPORT 2022-23 ANNUAL REPORT 2022-23 SHRI MAHALAXMI AGRICULTURAL DEVELOPMENT LIMITED DIRECTORS REPORT Your Directors are pleased to present their 30th Annual Report on the Business and Operations of the Company together with Audited Statement of Accounts for the year ended 31st March, 2023. Financial Result: The financial performance of your Company for the year ended March 31, 2023 is summarized below: Particulars FY 2022-23 (₹) FY 2021-22 (₹) Revenue from operations Nil Nil Other income 1,26,89,869.52 10,20,162.63 Total income 1,26,89,869.52 10,20,162.63 Total expenses 62,71,720.90 62,71,720.90 Profit/(loss) before tax (14,04,025.71) 64,18,148.62 Tax expense Nil Nil Profit/(loss) after tax (14,04,025.71) 64,18,148.62 Basic and diluted earnings per equity share (0.14) 0.63 State of the Company’s affairs and business performance: During FY 2022-23, the Company did not earn any revenue from operations.The Net Profit After Tax dropped to (₹14,04,025.71) in F.Y 2022-23 down from the ₹64,18,148.62 in FY 2021-22. Change in the nature of business: There has been no change in the nature of the Company’s business during the financial year under review. Dividend: In view of the loss incurred during FY 2022-23 and the need to conserve resources, the Board does not recommend any dividend for the financial year. Transfer to reserves: The Board does not propose to transfer any amount to the general reserve for FY 2022-23. Annual return: Pursuant to Section 92(3) read with Section 134(3)(a) of the Companies Act, 2013, the annual return of the Company will be available on the Company’s website at: www.smadlindia.com Presentation of Financial Statements: 6 | Page ANNUAL REPORT 2022-23 ANNUAL REPORT 2022-23 SHRI MAHALAXMI AGRICULTURAL DEVELOPMENT LIMITED The financial statements of the Company for the year ended 31st March, 2023 have been disclosed as per Schedule III to the Companies Act, 2013. Meetings of the Board: During the financial year under review, 6 (six board meetings) were held as per Section 173 of the Companies Act, 2013 which is summarized below: S. No. Date of Meeting No. of Director entitled to No. of Director attend attended 1 1.4.2022 3 3 2 13.7.2022 3 3 3 15.9.2022 3 3 4 2.11.2022 3 3 5 15.01.2023 3 3 6 1.3.2023 3 3 The gap between any two Board meetings during this period did not exceed one hundred and twenty days. Directors and key managerial personnel: There were no changes in the composition of the board of directors and key managerial personnel of the company during th [Showing first 8,000 characters — download PDF for full document]