Notice of the 107th Annual General Meeting and Annual Report & Accounts 2025-26

KESORAM Www.kesocorp.com KIL/SE/Reg. 34/2026-2027 Dated: July 21, 2026 BSE Ltd. National Stock Exchange of India Ltd. The Calcutta Stock Exchange Ltd. First Floor, New Trading Ring, “Exchange Plaza”, 7, Lyons Range, Plot no. C/1, G. Block Rotunda Building, Kolkata - 700001 Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Bandra (E) Dalal Street, Fort, Mumbai - 400051 Mumbai - 400001 (BSE Scrip Code - 502937) (NSE Symbol - KESORAMIND) (CSE Scrip code - 10000020) Sub: Notice of the 107t Annual General Meeting and Annual Report 2025-26 Ref.: Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Please find enclosed herewith Notice of 107" Annual General Meeting (AGM) and the Annual Report of the Company for the financial year 2025-26. The AGM is scheduled on Tuesday, August 18, 2026 at 11.30 a.m. through the Video Conferencing ('VC’)/ Other Audio Visual Means ((OAVM')). The Notice of AGM along with Annual Report for the financial year 2025-26 is also available on the website of the Company www kesocorp.com. The tut-off date for reckoning voting of the members is August 11, 2026. The remote e-voting will be available from Friday, August 14, 2026, (9:00 a.m. IST) and ends on Monday, August 17, 2026 (5:00 p.m. IST). Kindly note that soft copies of the Notice and Annual Report 2025-26 are being despatched by e-mail only to members of the Company whose e-mail addresses are registered with either the Company or the Depositories. However, as per Regulation 36, who have not registered their e-mail ID with the Company/ Company’s Registrar & Transfer Agent/Depositories/Depository Participant, Company has sent them the link of the Company’s website for download the Notice along with the Annual Report through a letter dated July 21, 2026. This is for your information and record. Yours faithfully, For Kesoram Industries Limited s Snehaa Shaw Company Secretary Encl: as above. R + 91 33 2243 5453, 2242 9454 Kesoram Industries Limited + 91 33 2248 0764, 2213 0441 Registered & Corporate Office : F + 91 33 2210 9455 9/1, RN. Mukherjee Road, Kolkata - 700 001 E : corporate@kesoram.net CIN - L17119WB1919PLC003429 KESORAM INDUSTRIES LIMITED CHAIRMAN’S MESSAGE Dear Shareholders, On behalf of the Board of Directors, I am pleased to present the Annual Report for the financial year ended 31st March, 2026. During the year, the Company continued to operate as a holding company, with its performance dependent on its wholly owned subsidiary Cygnet Industries Ltd, which faced challenging business conditions resulting in losses. Consequently, the Company’s consolidated performance remained under pressure. A significant development during the year was the announcement of an open offer under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Subject to the completion of the regulatory process, the Company is expected to undergo a change in control and management. Your Board remains committed to ensuring a smooth and transparent transition. The Company continues to uphold high standards of corporate governance and regulatory compliance. On behalf of the Board, I thank our shareholders, employees, and all stakeholders for their continued trust and support. Best regards, Satish Narain Jajoo Chairman Date : 27th May, 2026 Annual Report & Accounts 2025-26 l 1 B O A R D O F D I R E C T O R S K E Y M A N A G E R I A L P E R S O N N E L Satish Narain Jajoo, Chairman DIN : 07524333 Jikyeong Kang Mangala Radhakrishna Prabhu DIN : 08045661 DIN : 06450659 Rashmi Bihani Jitendra Kumar Agarwal DIN : 07062288 DIN : 06830635 P. Radhakrishnan Whole-time Director & CEO DIN : 08284551 Samir Kumar Ray Snehaa Shaw Chief Financial Officer Company Secretary 2 l Annual Report & Accounts 2025-26 KESORAM INDUSTRIES LIMITED Registered Office Birla Building 9/1, R.N. Mukherjee Road Kolkata - 700 001 Phone No. : +91 33 22435453 / 22429454 / 22135121 CIN : L17119WB1919PLC003429 E-mail : corporate@kesoram.com Website : www.kesocorp.com Bankers Share Transfer Agent Induslnd Bank Ltd. MCS Share Transfer Agent Limited State Bank of India (Unit : Kesoram Industries Ltd.) IDFC First Bank Ltd. 383 Lake Gardens, 1st Floor Kolkata - 700045 Phone No. : 033-40724051-52 E-mail : mcssta@rediffmail.com Website : www.mcsregistrars.com Auditors Walker Chandiok & Co. LLP Chartered Accountants Cygnet Industries Limited A wholly-owned subsidiary Company Factory Location : Kuntighat, Magra Road, Raghunathpur West Bengal - 712513 Members seeking any information on the Annual Report & Accounts are requested to send their queries to the Company on or before 5:00 p.m. (IST) on Tuesday, 11th August, 2026. Annual Report & Accounts 2025-26 l 3 Contents Page No. Notice 05 Report of the Directors 16 Management Discussion and Analysis 22 Business Responsibility & Sustainability Report 25 Report on Corporate Governance 47 Summarised Balance Sheet for the Last Five Years 79 Summarised Statement of Profit and Loss for the Last Five Years 79 Standalone Financial Statements 80 Independent Auditor’s Report 81 Balance Sheet 92 Statement of Profit and Loss 93 Statement of Cash Flows 94 Statement of Changes in Equity 96 Notes to Financial Statements 97 Consolidated Financial Statements 144 Independent Auditor’s Report 145 Consolidated Balance Sheet 154 Consolidated Statement of Profit and Loss 155 Consolidated Cash Flow Statement 156 Consolidated Statement of Changes in Equity 158 Consolidated Notes to Financial Statements 159 4 l Annual Report & Accounts 2025-26 KESORAM INDUSTRIES LIMITED NOTICE TO THE MEMBERS NOTICE is hereby given that the One Hundred and Seventh Annual General Meeting (“AGM”) of KESORAM INDUSTRIES LIMITED will be held at 11.30 A.M. on Tuesday, 18th day of August, 2026 through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”) to transact the following businesses: General Business: 1. To consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2026 and the Reports of the Board of Directors and Auditors thereon; 2. To appoint a Director in place of Jikyeong Kang (DIN: 08045661), who retires by rotation and being eligible, offers herself for re-appointment. Special Business: 3. Re-appointment of Mangala Radhakrishna Prabhu (DIN: 06450659) as an Independent Director. To consider and if thought fit, to pass with or without modification(s), the following as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Sections 149, 150, 152 read with Schedule IV and other applicable provisions, if any, of the Companies Act, 2013 (“the Act”) and the Rules made thereunder, the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”), including any statutory modification(s) or re-enactment thereof for the time being in force, and based on the recommendation of the Nomination and Remuneration Committee and the approval of the Board of Directors, Ms. Mangala Radhakrishna Prabhu (DIN: 06450659), who was appointed as an Independent Director of the Company and who has submitted a declaration confirming that she meets the criteria of independence under Section 149(6) of the Act and Regulation 16(1)(b) of the SEBI Listing Regulations and is eligible for re-appointment, be and is hereby re-appointed as an Independent Director of the Company, not liable to retire by rotation, for a second consecutive term commencing from 21st May, 2026 up to 20th May, 2031, on the terms and conditions as set out in the explanatory statement annexed to the Notice convening this Annual General Meeting. RESOLVED FURTHER THAT the Board of Directors of the Company be and is hereby authorised to do all such acts, deeds, matters and things, including filing of necessary e-forms and other documents with the Registrar of Companies, Stock Exchanges and other statutory authorities, as may be necessary, [Showing first 8,000 characters — download PDF for full document]