Goa Carbon Limited has submitted to the Exchange the copy of the 58th Annual Report of the Company for FY 2025-26.

Goa Carbon Limited Registered & Corporate Office: Dempo House, Campal, Panjim - Goa - 403 001., INDIA. Tel.: +91 (0832) 2441300 Fax: +91 (0832) 2427192 E-mail: goacarbon@gmail.com Website: www.goacarbon.com Corporate Identity Number - L23109GA1967PLC000076 Company Scrip Code / Symbol: 509567 / GOACARBON(cid:9) " ISIN Code: INE426D01013 (cid:9) Ref. No.: 20261V11113 11 th August 2026 The General Manager The Listing Department Department of Corporate Services National Stock Exchange of India Ltd., (cid:9) Thru' NEAPS BSE Limited, (cid:9) Thru' Listing Centre Exchange Plaza, Bandra Kurla Complex, 25th Floor, P. J. Towers, Dalal Street, Bandra (East), Mumbai 400001 Mumbai 400051 Sub.: Submission of 58th Annual Report for the Financial Year 2025-26 and Notice convening the 58th Annual General Meeting(cid:9) AGM') of Goa Carbon Limited (`the Company') Dear Sir(s), Pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (`SEBI Listing Regulations'), we are enclosing herewith the 58th Annual Report of the Company including the Notice convening the 58th AGM and other Statutory Reports for the Financial Year 2025-26, which is being sent through electronic mode to those Shareholders whose e-mail addresses are registered with the Company/Registrar & Share Transfer Agent CRTAWDepository Participant(s) (DPs'). Further, in accordance with the Regulation 36(1)(b) of the SEBI Listing Regulations, the Company has initiated sending a letter to the Shareholders whose e-mail addresses are not registered with the Company/RTA/DPs, providing a web-link from where the 58th Annual Report can be accessed on the website of the Company. The 58th Annual Report containing the Notice of the 58th AGM is also available on the website of the Company at https://www.qoacarbon.com/annual-reports.php. Kindly take the same on record and oblige. Thanking you, Yours faithfully, For Goa Carbon Limited Pravin Satardekar Company Secretary ACS 24380 Encl.: as above. Plants : GOA :(cid:9) Tel.: 0832-2860363 to 68, 2860336, 2861052 citg Fax: 2860364 E-mail: head_works@goacarbon.com ISO 9001:2015 ".a PARADEEP :(cid:9) Tel: 07894462761, 09238110372 BUREAU VERITAS ji UV KAS , UV KAS E-mail:pclvpster@gmail.com Certification SYA SG TM EMM N MAN MA UGE MM SE NT BILASPUR :(cid:9) Tel.: +91 (07752) 261220, 650720 182 0008 0008 Fax: +91 (07752) 261115(cid:9) E-mail: bsp@goacarbon.com A YEAR OF RESILIENCE AND STRATEGIC FOCUS 58TH ANNUAL REPORT 2025-26 Goa Carbon Limited A Year of Resilience and Strategic Focus In an environment marked by market volatility, shifting industry dynamics, and operational challenges, resilience emerged not merely as a response, but as a defining characteristic of Goa Carbon Limited’s journey through FY2026. The year called for discipline, adaptability, and a clear At GCL, these principles influence the way the Company sense of purpose—qualities that enabled the Company to operates, innovates, and aims for progress. As the Company navigate uncertainty while staying aligned with its long- continues to build on the legacy, resilience and strategic term objectives. Strategic focus guided every aspect of focus will remain at the heart of its journey—guiding its the Company’s approach. From optimising operations actions, shaping its priorities, and inspiring it to move and strengthening sourcing strategies to enhancing forward with confidence and purpose. organisational capabilities and investing in reliability and efficiency, GCL remained committed to building a stronger and more adaptable organisation. These interventions helped reinforce operational stability, while laying the foundation for sustainable future growth. Leveraging Domestic Sourcing to Drive Operational Efficiency Table of Contents Corporate Overview 02 Corporate Overview 03 Management Message 04 Strategic Focus 05 Corporate Social Responsibility 06 Board of Directors 07 Corporate Information Statutory Reports 08 Notice 21 Annexure to the Notice 24 Directors’ Report 31 Annexures to Directors’ Report 38 Management Discussion and Analysis 44 Report on Corporate Governance Financial Statements 68 Independent Auditor’s Report 80 Balance Sheet 81 Statement of Profit and Loss 82 Statement of Cash Flows 85 Statement of Changes in Equity 87 Notes to the Financial Statements Annual Report 2025-26 Corporate Overview GCL: Where Legacy Meets Purpose About Goa Carbon Limited Goa Carbon Limited (GCL), a part of the renowned Dempo Group, is engaged in the manufacture and marketing of Calcined Petroleum Coke (CPC), serving aluminium smelters, graphite electrode manufacturers, titanium dioxide producers, and other metallurgical and industrial sectors in India and overseas. With manufacturing facilities strategically located in Goa, Chhattisgarh, and Odisha, Shrinivas Dempo the Company has established itself as one of India’s leading CPC Conferred the Cavaliere dell’Ordine della producers, backed by decades of operational expertise and a Stella d’Italia for Strengthening commitment to quality, reliability, and responsible growth. India–Italy Relations in 2026* A Legacy of Responsible Growth Established in 1967 under the aegis of the Dempo Group, GCL pioneered the manufacture of CPC in India and became the country's first CPC producer and exporter. Guided by the vision of its founding leaders, the Company has built a legacy rooted in entrepreneurship, responsible business practices, and long- term value creation. Today, GCL continues to build on this strong foundation, combining decades of experience with a forward-looking commitment to excellence, sustainability, and growth. Late Padma Shri Mr. Vasantrao Dempo Late Mr. Vassudeva Dempo Founder and Chairman Emeritus Former Chairman *Italy has conferred the prestigious Cavaliere dell’Ordine della Stella d’Italia (Order of the Star of Italy) to Mr. Shrinivas Dempo, recognising his services to Italian citizens and his contribution to strengthening India–Italy relations. The honour was presented in Goa by Walter Ferrara, Consul General of Italy (Mumbai), acknowledging his role as Honorary Vice Consul of Italy (Goa), including his support in resolving complex matters involving Italian citizens and investments in the state. Corporate Overview Management Message Message from the Chairman Towards the close of the financial year, market conditions showed encouraging signs of improvement. Better product realisations, improved raw material availability, and continued operational discipline indicated a gradual recovery in the industry. For FY2026, the Company reported total income of ₹708.79 Crore, compared with ₹519.83 Crore in the previous year. Sales volumes remained stable despite planned maintenance shutdowns at certain manufacturing facilities. However, lower product realisations and elevated operating costs resulted in a loss after tax of ₹48.23 Crore. These results are clearly below our expectations and those of our shareholders. As Chairman, I believe it is important to acknowledge this candidly. Equally important, however, Dear Shareholders, is recognising that temporary financial performance does not diminish the Company’s underlying strengths—our The financial year 2025–26 was a year manufacturing assets, customer relationships, technical capabilities, experienced workforce, and nearly six decades that tested the resilience of businesses of industry leadership. The actions taken during the year across industries, including the Calcined are already delivering operational benefits, positioning us to translate an improving market environment into stronger Petroleum Coke (CPC) sector. Global financial performance and enhanced shareholder value. geopolitical uncertainties, supply chain Our commitment to operational excellence, prudent capital allocation, sound corporate governance, and environmental disruptions, commodity price volatility, responsibility remains unwavering. These principles have and subdued market conditions created g [Showing first 8,000 characters — download PDF for full document]