Shareholders meeting

Date: August 12, 2026 To, To, BSE Limited National Stock Exchange of India Limited Corporate Relationship Department, Phiroze Exchange Plaza, Plot No. C/1, Block G, Bandra - Jeejeebhoy Towers, 25th Floor, Dalal Street, Fort, Kurla Complex Bandra (East), Mumbai – Mumbai - 400 001 400 051 Scrip Code: 544364 Symbol: BAJAJINDEF Sub: Proceeding of 4th Annual General meeting (AGM) of the Company held on August 12, 2026, through Video Conference Ref.: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"). Dear Sir/Madam, Pursuant to the provision of Regulation 30 read with Part A of schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the proceeding of 4th Annual General Meeting of the Company are as under: 1. 4th Annual General Meeting (AGM) of the Company was held today i.e. Wednesday August 12, 2026 at 05:00 P.M. through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The AGM was conducted in compliance with the circulars issued by the Ministry of Corporate Affairs (“MCA”) and Securities and Exchange Board of India (“SEBI”) in this behalf; 2. Shri Shekhar Bajaj, Chairman of the Company chaired the Meeting; 3. The requisite quorum being present, Chairman called the Meeting to order; 4. The Chairman informed that the AGM was being held through VC in compliance with the circulars issued by the MCA and SEBI; 5. The Chairman informed the Members that the Company had engaged the service of MUFG Intime India Private Limited (erstwhile known as Link Intime India Private Limited) (“MUFG Intime”) to enable the Members of the Company to attend the AGM proceedings through VC; 6. The Chairman then proceeded to introduce the Directors of the Company including Mr. Vikram Hosangady, Chairperson of Audit Committee and Mr. Jayavanth Kallianpur Mallya, Chairperson of Nomination and Remuneration Committee and Ms. Pooja Bajaj (Additional Director – Non Executive Director), Mr. Mahendrakumar Gohel (Additional Director – Independent Director) , Ms. Girija Balakrishnan (Independent Director), Shri Amit Bhalla, Managing Director, Shri Vandan Shah, (Non- executive Director), along with the Chief Financial Officer and Company Secretary, who were in attendance at the AGM; Company: INDEF MANUFACTURING LIMITED (Resulting company from demerged Hercules Hoists Limited) T: 022 45417309/306 | F: +91 2192 274125 | E: cs1@indef.com U: www.indef.com Corporate Office: 501-504, Shelton Cubix, Sector 15, Plot 87, CBD Belapur, Navi Mumbai 400614, INDIA Works: Khalapur, Chakan | Regional Offices: Pune, Delhi, Chennai, Kolkata Registered Office: Bajaj Bhawan, 2nd Floor, 226, Jamnalal Bajaj Marg, Mumbai 400 021, INDIA CIN: L29308MH2022PLC390286 7. The Chairman apprised the Members that, in accordance with the provisions of the Companies Act, 2013, and the Rules framed thereunder ("the Act"), the documents mandated for inspection were made accessible to the Members for electronic perusal during the AGM; 8. The Chairman acknowledged the presence of Mr. Kunal Vakharia, Partner, M/s. Kanu Doshi Associates LLP, the Statutory Auditors of the Company and Mr. S. N. Viswanathan, Representative from M/s. S. N. Ananthasubramanian & Co., Practicing Company Secretaries, the Secretarial Auditors. 9. The Chairman affirmed that both the Auditors’ report on the Financial Statements of the Company and the Secretarial Audit Report for the financial year ended March 31, 2026, were devoid of any adverse remarks, qualifications, or disclaimers. As a result, these reports were not read out during the AGM. 10. The Chairman then commenced his opening address, in which he provided a concise overview of the Company's performance during the current fiscal year (Q1-FY 2026-27). 11. The Chairman then apprised the Members that, in accordance with the provisions of the Act and SEBI Listing Regulations, the Company had extended the opportunity to all Members who held shares as on Wednesday, August 05, 2026, (the record date for e-voting), to exercise their voting rights on the agenda items specified in the Notice through the remote electronic voting system provided by MUFG Intime. The remote e-voting period remained open from Sunday, August 09, 2026 at 09:00 A.M. (IST) to Tuesday, August 11, 2026, at 05:00 P.M. (IST). Additionally, the option for e- voting was available during the AGM for Members who had not previously cast their votes.; 12. The Chairman affirmed that he is satisfied that all the efforts feasible under the circumstances have been made by the Company to enable Members to participate and vote on the items being considered at the Meeting; 13. The following items of business as per notice of the AGM were then transacted Item Resolution No. Agenda (Ordinary/ Special) Ordinary Businesses 1 To receive, consider and adopt: Ordinary (a) the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Reports of the Directors and the Auditors thereon; and (b) the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026, and the Report of the Auditors thereon 2. To declare a Final Dividend of Rs. 2/- (Rupees Two only) per equity share Ordinary of face value Rs. 1/- each (200%) for the financial year ended March 31, 2026. 3. To appoint a Director in place of Shri Vandan Sitaram Shah (DIN: Ordinary 00759570), who retires by rotation and being eligible, has offered himself for re-appointment. Company: INDEF MANUFACTURING LIMITED (Resulting company from demerged Hercules Hoists Limited) T: 022 45417309/306 | F: +91 2192 274125 | E: cs1@indef.com U: www.indef.com Corporate Office: 501-504, Shelton Cubix, Sector 15, Plot 87, CBD Belapur, Navi Mumbai 400614, INDIA Works: Khalapur, Chakan | Regional Offices: Pune, Delhi, Chennai, Kolkata Registered Office: Bajaj Bhawan, 2nd Floor, 226, Jamnalal Bajaj Marg, Mumbai 400 021, INDIA CIN: L29308MH2022PLC390286 Special Businesses 4. Approval for Continuation of Directorship of Shri Shekhar Bajaj (DIN: Special 00089358) as Chairman & Non-Executive Non-Independent Director of the Company after attaining the age of Seventy-Five Years. 5. To ratify the remuneration of Cost Auditors for the financial year ending Ordinary March 31, 2027. 6. Appointment of Ms. Pooja Bajaj (DIN: 08254455) as a Director of the Ordinary Company 7. Appointment of Shri Mahendrakumar Gohel (DIN: 09425947) as a Non- Special Executive Independent Director. 14. On the invitation by the Company Secretary, Members who had previously registered themselves as speakers, addressed the Meeting through VC and sought clarifications on the Company's accounts and businesses; 15. Clarifications were provided by the Chairman, Shri Amit Bhalla, Managing Director and Shri Bijay Kumar Agrawal to the queries raised by the Members; 16. The Chairman informed the members that the results of the remote e-voting and e-voting at the AGM along with the scrutinizer report would be declared not later than two working days after the conclusion of the AGM and posted on the website of the Company and MUFG Intime website within prescribed time and shall be forwarded to the stock exchanges; and The Chairman thanked the Members and officially concluded the proceedings upon the completion of e-voting by the Members. The Meeting commenced at 05:00 PM (IST) and concluded at 5:50 PM (IST). We request you to kindly take the above on record. Thanking you, For Indef Manufacturing Limited Vineesh Vijayan Thazhumpal Company Secretary A63683 Company: INDEF MANUFACTURING LIMITED (Resulting company from demerged Hercules Hoists Limited) T: 022 45417309/306 | F: +91 2192 274125 | E: cs1@indef.com U: www.indef.com Corporate Office: 501-504, Shelton Cubix, Sector 15, Plot 87, CBD Belapur, Navi Mumbai 400614, INDIA Works: Khalapur, Chakan | Regional Offices: Pune, Delhi, Chennai, Kolkata Registered Office: Bajaj Bhawan, 2nd Floor, 226, Jamnalal Bajaj Marg [Showing first 8,000 characters — download PDF for full document]