Notice Of 34th AGM Along With Annual Report 2025-26.

KUSH INDUSTRIES LIMITED (Formerly known as SNS Textiles Limited) [CIN: L74110GJ1992PLC017218] Registered Office & Works : Plot No.129, Near J. B. Chemicals, G.I.D.C. Estate, Ankleshwar – 393 002, Dist. - Bharuch, (Gujarat) Tel.: +91-2646-221691 Email: snstex@yahoo.co.in 12th August, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001 Company Code No. 514240 Dear Sirs; Sub: Submission of Notice of 34th Annual General Meeting and Annual Report 2025-26 Pursuant to Regulation 30 and 34(1)(a) of SEBI (LODR) Regulation, 2015, we are enclosing herewith: - Notice of 34th Annual General Meeting of the members of the Company along with Annual Report for FY 2025-26. Kindly acknowledge receipt of the same. Thanking you, Yours faithfully, for KUSH INDUSTRIES LIMITED, MANSUKH K. VIRANI CHAIRMAN & WHOLE TIME DIRECTOR (DIN-00873403) Encl: As above. 34th Annual Report 2025-26 KUSH INDUSTRIES LIMITED KUSH INDUSTRIES LIMITED [CIN: L74110GJ1992PLC017218] 34TH ANNUAL REPORT 2025-26 BOARD OF DIRECTORS : Mr. Mansukh K. Virani Chairman & Whole time Director Mrs. Kiran M. Virani Director Mr. Vivek Singhal Independent Director Mr. Hiren B. Hirpara Independent Director MANAGEMENT TEAM : Mr. Dipak S. Patel Chief Finance Officer Mrs. Bhoomi S. Shah Company Secretary STATUTORY AUDITORS : M/s. P S S P & Co. Chartered Accountants, 202, 2nd Floor, Shiv Shakti Unique Complex, Hanumansheri, Sagrampura, Surat- 395002 INTERNAL AUDITORS : M/s. V H Gundarwala & Co., Chartered Accountants, Surat SECRETARIAL AUDITORS : M/s. Kashyap R. Mehta & Partners, Company Secretaries, Ahmedabad. REGISTERED OFFICE & WORKS : Plot No.129, Near J. B. Chemicals, G.I.D.C. Estate, Ankleshwar, Bharuch - 393 002 REGISTRAR & : MUFG Intime India Private Limited SHARE TRANSFER AGENTS 506-508, Amarnath Business Centre-1 (ABC-1), Besides Gala Business Centre Near St. Xavier’s College Corner Off C G Road, Ahmedabad 380006 WEBSITE : www.kushindustrieslimited.com CONTENTS PAGE NO. Notice 1-13 Directors' Report including 14-37 Corporate Governance Report & Secretarial Audit Report Independent Auditors' Report 38-46 Balance Sheet 47 Statement of Profit and Loss 48 Cash Flow Statement 49 Notes on Financial Statement 50-67 Important Communication to Members The Ministry of Corporate Affairs has taken a ‘Green Initiative in the Corporate Governance’ by allowing paperless compliances by the Company and has issued circulars stating that service of notice/ documents including Annual Report can be sent by email to its members. To support this green initiative of the Government in full measure, members who have not registered their email addresses, so far, are requested to register their KYC & email addresses with RTA & in respect of electronic holding with the Depository through their concerned Depository Participant. ANNUAL REPORT 2025-26 NOTICE NOTICE IS HEREBY GIVEN THAT THE 34TH ANNUAL GENERAL MEETING OF THE MEMBERS OF KUSH INDUSTRIES LIMITED WILL BE HELD ON MONDAY, THE 28TH SEPTEMBER, 2026 AT 3.00 P.M. IST THROUGH VIDEO CONFERENCING (“VC”) /OTHER AUDIO VISUAL MEANS (“OAVM”) TO TRANSACT THE FOLLOWING BUSINESS: ORDINARY BUSINESS: 1. To consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2026, the reports of the Board of Directors and Auditors thereon. 2. To appoint a Director in place of Mr. Mansukhlal K. Virani (DIN: 00873403), 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: 3. APPOINTMENT OF SECRETARIAL AUDITORS FOR A TERM OF FIVE CONSECUTIVE YEARS FROM FY 2026-27 TO FY 2030-31: To consider and if thought fit to pass with or without modification(s) the following resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of Section 204 and other applicable provisions, if any, of the Companies Act, 2013 read with Rule 9 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 and Regulation 24A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), other applicable laws/statutory provisions, if any, as amended from time to time (including any statutory modification(s) or amendment(s) thereto or re-enactment(s) thereof for the time being in force), and in accordance with the recommendation of Audit Committee and the Board of Directors of the Company, M/s. Kashyap R. Mehta & Partners, Practising Company Secretaries, (FRN: P2025GJ106000 and Peer Reviewed Certificate No. 6827/2025), Ahmedabad be and are hereby appointed as Secretarial Auditors of the Company for a term of five (5) consecutive years to conduct the Secretarial Audit of five consecutive financial years commencing from financial year 2026-27 to 2030-31, at such fees, plus applicable taxes and other out-of-pocket expenses as may be approved by the Audit Committee and as may be mutually agreed upon between the Board of Directors of the Company and the Secretarial Auditors.” “RESOLVED FURTHER THAT approval of the members/shareholders be and is hereby accorded to the Board of Directors (hereinafter referred to as the ‘Board’ which expression shall include any Committee thereof or person(s) authorized by the Board) to avail or obtain from the Secretarial Auditor, such other services or certificates, reports, or opinions which the Secretarial Auditors may be eligible to provide or issue under the applicable laws, at a remuneration to be determined by the Audit committee/ Board of Directors of the Company.” “RESOLVED FURTHER THAT the Board of Directors of the Company be and is hereby authorised to take all actions and do all such deeds, matters and things, as may be necessary, proper or desirable and to settle any question, difficulty or doubt that may arise in this regard.” 4. SHIFTING OF REGISTERED OFFICE TO 907/A, B-BLOCK, MONDEAL SQUARE, NEAR ISCON ELEGANCE, OPP. HONEST RESTAURANT, PRAHLADNAGAR GARDEN, S.G. HIGHWAY, SATELLITE, AHMEDABAD, GUJARAT - 380015 W.E.F. 5TH OCTOBER, 2026: To consider and if thought fit to pass with or without modification(s) the following resolution as a Special Resolution: KUSH INDUSTRIES LIMITED “RESOLVED THAT pursuant to the provisions of Section 12 and other applicable provisions, if any, of the Companies Act, 2013 (‘the Act’) read with relevant rules including any amendment, re-enactment or statutory modification thereof and such other statutes, notifications, circulars, rules and regulations as may be applicable and relevant, each as amended, modified or restated, as may be prescribed from time to time, the consent of the members of the Company be and is hereby accorded for shifting of Registered Office of the Company from the Plot No.129, Near J. B. Chemicals, G.I.D.C. Estate, Ankleshwar, Bharuch – 393002 to 907/A, B-Block, Mondeal Square, Near ISCON Elegance, Opp. Honest Restaurant, Prahladnagar Garden, S.G. Highway, Satellite, Ahmedabad – 380 015 w.e.f. 5th October, 2026.” “RESOLVED FURTHER THAT all the Directors of the Company be and are hereby severally authorized to do all such acts and deeds to give effect to this resolution including filing with the Registrar of Companies, all necessary forms including e-Form INC 22 containing verification of the situation of the Registered Office of the Company.” Registered Office : By Order of the Board Plot No.129, Near J. B. Chemicals, G.I.D.C. Estate, Ankleshwar, Bharuch - 393 002. Mansukh K. Virani Place : Ankleshwar Chairman Date : 30th July, 2026 (DIN: 00873403) NOTES: 1. The Explanatory Statement pursuant to Section 102 of the Companies Act, 2013 in respect of Special Businesses in the Notice is annexed hereto. 2. Ministry of Corporate Affairs (“MCA”) vide its General Circular No. 03/2025 dated 22nd September, 2025 (in continuation with the Circulars issued earlier in this regard) (“MCA Circulars”) read with earlier SEBI Circulars and SEBI (Listing Obligations a [Showing first 8,000 characters — download PDF for full document]