Shareholders meeting

July 20, 2026 Department of Corporate Services Listing Department BSE Ltd., National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C/1, G Block, Dalal Street, Mumbai – 400 001. Bandra-Kurla Complex, Bandra (East), BSE Scrip Code : 500460 Mumbai – 400051. NSE Scrip Name: MUKANDLTD ISINCODE : INE304A01026 Dear Sirs, Sub.: Notice of 88th Annual General Meeting (‘AGM’) and Annual Report for the Financial Year 2025-26 In terms of the provisions of Regulation 34 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith • Notice of 88th AGM scheduled to be held on Wednesday, 12 August 2026 at 11:30 a.m. (IST) through Video Conferencing ('VC') facility / Other Audio-Visual Means ('OAVM'). • Annual Report (including the Business Responsibility and Sustainability Report) of the Company for the Financial Year 2025-26. Further, in accordance with the Regulation 36(1)(b) of the SEBI Listing Regulations, a letter containing the web link and QR Code for accessing the Notice of 88th AGM and Annual Report for Financial Year 2025-26 is being sent to all those Members who have not registered their email IDs. The Notice and Annual Report is also available on the website of the Company at www.mukand.com. This is for your information and record. For Mukand Limited Rajendra Sawant Company Secretary Encl : as above Regd. Office: Mukand Limited, Bajaj Bhavan, 3rd Floor, Jamnalal Bajaj Marg, 226 Nariman Point, Mumbai 400021, India, Tel: 91 22 6121 6666 Works: Thane-Belapur Road, Dighe, PO Kalwe, Thane, Maharashtra- 400605, India, Tel: +91 22 2172 7500 | www.mukand.com | Email : secretarial@mukand.com CIN : L99999MH1937PLC002726 Corporate Overview STATUTORY REPORTS Financial Statements Notice MUKAND LIMITED (CIN: L99999MH1937PLC002726) Registered Office: Bajaj Bhawan, Jamnalal Bajaj Marg, 226, Nariman Point, Mumbai – 400021 Tel: 022–61216666 E-mail: investors@mukand.com, Website: www.mukand.com To the Members, NOTICE is hereby given that the 88th Annual General Meeting of the Members of MUKAND LIMITED will be held on Wednesday, August 12, 2026, at 11.30 a.m. (IST), through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”) facility to transact the following businesses: ORDINARY BUSINESS: 1. To consider and adopt the audited standalone financial statements and audited consolidated financial statements of the Company for the year ended March 31, 2026, together with the Report/s of the Board of Directors and the Auditors thereon. 2. To declare a dividend on 8% Cumulative Redeemable Preference Shares at the rate of 8% on paid up value of shares for the financial year ended March 31, 2026. 3. To declare a dividend on Equity Shares at the rate of Rs. 3/- (Rupees Three only) (This includes special payout of Re.1/- (Rupee One only) (i.e. @10%), in celebration of 100 years of the Bajaj Group) per Equity Share for the financial year ended March 31, 2026. 4. To appoint a Director in the place of Shri Nirav Bajaj (DIN: 08472468), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment. SPECIAL BUSINESS: 5. Ratification of Cost Auditor’s Remuneration To consider and to pass the following Resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of Section 148 and all other applicable provisions, if any, of the Companies Act, 2013 as amended (“the Act”) and Rule 14 of the Companies (Audit and Auditors) Rules, 2014 and other applicable Rules and provisions if any, of the Act, and as per the recommendation of the Audit Committee, remuneration of Rs. 1,35,000/- (Rs. One Lakh Thirty Five Thousand Only) plus reimbursement of actual travelling and other out of pocket expenses and applicable taxes to be paid to M/s. Y. R. Doshi & Co., Cost Accountants (Firm Registration No. 000003) as Cost Auditors, for conducting the audit of cost records of the Company for the financial year 2026-27, as considered and approved by the Board of Directors of the Company, be and is hereby ratified. RESOLVED FURTHER THAT the Board of Directors of the Company (which includes any Committee of the Board), be and is hereby authorised to do all such acts, deeds, matters and things as may be considered necessary to give effect to this resolution”. 6. General approval for issue of Redeemable Non-convertible Debentures on private placement basis To consider and pass the following Resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Sections 42,71,179 and other applicable provisions, if any, of the Companies Act, 2013 read with the Companies (Prospectus and Allotment of Securities) Rules, 2014, the Companies (Share Capital and Debentures) Rules, 2014 and the SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021, including any statutory modification(s) or re-enactment thereof, for the time 88th Annual Report 2025-26 being in force, in supersession of the earlier resolution passed in this regard by the members at the 87th Annual General Meeting, approval of the members be and is hereby accorded to the Board of Directors of the Company (hereinafter referred to as “the Board” which term shall be deemed to include any Committee of the Board constituted to exercise its powers, including the powers conferred by this Resolution) to offer or invite subscriptions for secured / unsecured redeemable Non-convertible Debentures (NCDs), in one or more series / tranches, aggregating up to Rs. 500,00,00,000/- (Rupees Five Hundred Crore only), on private placement basis, on such terms and conditions as the Board may, from time to time, determine and consider proper and most beneficial to the Company including as to when the said NCDs be issued, the consideration for the issue, utilization of the issue proceeds and all matters connected with or incidental thereto. RESOLVED FURTHER THAT the Board be and is hereby authorised to delegate all or any of the powers herein conferred to any director(s) and/ or officer(s) of the Company, to give effect to this resolution. RESOLVED FURTHER THAT for the purpose of giving effect to this resolution, the Board be and is hereby authorised to do all acts, deeds, matters and things and execute all such deeds, documents, instruments and writings as it may in its sole and absolute discretion consider necessary in relation thereto”. By Order of the Board of Directors For MUKAND LIMITED Rajendra Sawant Company Secretary Membership No.F4961 May 14, 2026 NOTES: 1. The Government of India, Ministry of Corporate Affairs (“MCA”) has allowed conducting Annual General Meeting through Video Conferencing (“VC”) or Other Audio Visual Means (“OAVM”) and dispensed with the personal presence of the members at the general meeting. Accordingly, the Ministry of Corporate Affairs issued Circular Nos. 14/2020 dated 08 April 2020, 17/2020 dated 13 April 2020, read with other relevant circulars issued in this regard, the latest being General Circular No. 03/2025 dated 22 September 2025 (“MCA circulars”) and Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 issued by the Securities and Exchange Board of India, prescribing the procedures and manner of conducting the Annual General Meeting through VC/OAVM. In terms of the said Circulars, the 88th Annual General Meeting (AGM) of the Company will be held through Video Conferencing / Other Audio Visual Means (VC/OAVM) without the physical presence of the Members at common venue. Hence, Members can attend and participate in the 88th AGM through VC/OAVM only. In compliance with the MCA Circulars and applicable provisions of the Companies Act, 2013 (‘the Act’) read with Rules made thereunder and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), the 88th AGM of the Company will be held through Vi [Showing first 8,000 characters — download PDF for full document]