Find attached the proceedings of the 41st Annual General meeting.

Mukesh Babu Financial Services Ltd. CIN: L65920MH1985PLC035504 Ref: MBFSL/BSE/2026-27/27 August 12, 2026 BSE Limited Listing Department, Phiroze Jeejebhoy Towers, Dalal Street, Mumbai - 400 001 Dear Sir/Madam, Sub: Proceedings of the 41st Annual General Meeting of the Company held on August 12, 2026 Scrip Code: 530341 ISIN: INE596B01017 Pursuant to Regulation 30 of the SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015 a Summary of the Proceedings of the 41st Annual General Meeting (AGM) of Mukesh Babu Financial Services Limited held on Wednesday, August 12, 2026 at 4.00 p.m. through Video Conference (VC) / Other Audio-Visual Means is enclosed herewith. The mode of voting was remote e-voting and e-voting at the Meeting. Kindly take the same on records. Thanking you, Yours faithfully, For Mukesh Babu Financial Services Limited Nupur Chaturvedi Company Secretary, Group Head- Legal & Compliance Encl: Summary of the Proceedings of the 41st AGM 111, MAKER CHAMBERS III, 223, NARIMAN POINT, MUMBAI-400 021, INDIA TEL:(91-22) 2283 4462, 2284 4015 FAX:(91-22) 2202 5167 e-mail: info@mukeshbabu.com Mukesh Babu Financial Services Ltd. CIN: L65920MH1985PLC035504 Summary of the Proceedings of the 41st Annual General Meeting The 41st Annual General Meeting (‘AGM’) of the Members of the Company was held on Wednesday, August 12, 2026 at 4:00 p.m. (IST) through Video Conference (VC) / Other Audio-Visual Means (“OAVM”). The meeting was held in compliance with the General Circular No. 3/2025 dated September 22, 2025, issued by the Ministry of Corporate Affairs (MCA) and the Circulars issued from time to time by SEBI (hereinafter collectively referred to as “the Circulars”) and as per the applicable provisions of the Companies Act, 2013 and the Rules made thereunder. Directors in attendance Mr. Mukesh Babu, Chairman and Managing Director and Mr. Bhavesh Doshi - Independent Directors, had joined the meeting through VC from Mumbai. Mr. Subhash Desai - Independent Director and the Chairman of the Audit Committee had joined the meeting through VC from Ahmedabad, Mr. Chetan Tamboli- Independent director and the Chairman of the Stakeholder Relationship Committee and CSR Committee had joined the meeting through VC from Bhavnagar and Mr. Mayank Soti- Independent Director and chairman of Nomination & Remuneration committee had joined the meeting from Udaipur. Mr. Mahesh Thakar, the Chief Financial Officer of the Company and Ms. Nupur Chaturvedi-Company Secretary had also joined the meeting through VC. Other Representatives The Statutory Auditors, Mr. Chaitanya C. Dalal, and Mr. Haresh Purohit from M/s Chaitanya C. Dalal & Co., Chartered Accountants and Secretarial Auditor viz. Mr. V. V. Chakradeo, M/s V. V. Chakradeo & Co., Practicing Company Secretary, Mr. Uday Khona-Consultant of the Company attended the meeting through VC from Mumbai. Members Present 27 Members attended the meeting through VC. The attendance of the shareholders at the meeting is mentioned below: Category Promoter & Public Total Promoter Group In person N. A. N. A. - Though Proxy/ Authorised N. A. N. A. - Representative Video Conference 2 25 27 Total 2 25 27 Mr. Mukesh Babu, Chairman and Managing Director chaired the proceedings of the Meeting. After ascertaining the requisite quorum being present the Meeting was called to order. 111, MAKER CHAMBERS III, 223, NARIMAN POINT, MUMBAI-400 021, INDIA TEL:(91-22) 2283 4462, 2284 4015 FAX:(91-22) 2202 5167 e-mail: info@mukeshbabu.com Mukesh Babu Financial Services Ltd. CIN: L65920MH1985PLC035504 The meeting commenced at 4:00 p.m. and concluded at 4:45 p.m. (including time allowed for e-voting at AGM). Ms. Nupur Chaturvedi, Company Secretary, welcomed the Members to the 41st Annual General Meeting of the Company. Mr. Mukesh Babu, the Chairman then commenced his speech and introduced the Board of Directors, Auditors and Key Managerial Personnel (KMP) attending the meeting, which was continued by Company Secretary that gave an overview of the operations and the financial performance of the Company during FY 2025-26. The Company Secretary briefed the Members regarding the arrangements made for the meeting and that the Company had enabled the Members to participate in the 41st AGM through the VC / OAVM facility provided by MUFG Intime India Pvt. Ltd. (MUFG), Registrars and Transfer Agent. It was further informed that the Members were provided with the facility to exercise their right to vote by electronic means, through remote e-voting and e-voting at the AGM in accordance with the provisions of the Companies Act, 2013 and SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Members who have joined the meeting through VC and who had not cast their vote through remote e- voting were provided the option to vote through e-voting facility made available at the AGM. With the permission of the Members, the Notice of the AGM and the Independent Auditors’ Report on the Financial Statements of the Company for the Financial Year 2025-26, were taken as read as the same were circulated to the Members. It was informed to the members present that the Auditors’ Report for the Financial Year 2025-26 does not contain any qualifications, observations or comments on financial transactions or matters, which have any adverse effect on the functioning of the Company. The Company Secretary, then informed the Members that in accordance with the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company had provided the facility of remote e-voting for the resolutions set forth in the Notice of the AGM for the approval of the shareholders. The remote e-voting period had commenced on August 08, 2026 at 09:00 am and ended on August 11, 2026 at 05:00 pm. The e-voting module was disabled by MUFG for voting thereafter. She also informed the shareholders that pursuant to Secretarial Standard SS-2, MCA Circulars, provisions of the Companies Act, 2013; the e-voting facility at the Meeting has been arranged for those shareholders who did not cast their votes through remote e-voting. She further informed the Members that the Company has appointed CS V. V. Chakradeo, proprietor of M/s. V. V. Chakradeo & Co., as the ‘Scrutinizer’ for the purpose of scrutinizing the voting process (remote e-voting as well as e-voting at AGM) in a fair and transparent manner for the resolutions included in the Notice of the AGM. 111, MAKER CHAMBERS III, 223, NARIMAN POINT, MUMBAI-400 021, INDIA TEL:(91-22) 2283 4462, 2284 4015 FAX:(91-22) 2202 5167 e-mail: info@mukeshbabu.com Mukesh Babu Financial Services Ltd. CIN: L65920MH1985PLC035504 She then requested the members present to cast their vote on the resolutions set out in the Notice of the 41st Annual General Meeting through e-voting facility provided at Meeting if they had not exercised their votes through remote e-voting. The business transacted at the 41st AGM, as stated in the Notice thereof dated May 12, 2026 is as detailed below: Sr. Particulars of business transacted Type of No. Resolution ORDINARY BUSINESS 1. Adoption of Audited Financial Statements and Reports of Ordinary the Directors and the Auditors thereon for the financial year Resolution ended March 31, 2026 2. Declaration of dividend for the Financial Year 2025-26 at Ordinary the rate of Rs.1.20 per share Resolution 3. Re-appointment of Director on retirement by rotation - Mr. Ordinary Mukesh Babu (DIN: 00224300) Resolution SPECIAL BUSINESS 4. To approve Material Related Party Transaction(s) Ordinary Resolution 5. To approve Material Related Party Transaction(s) of Mukesh Ordinary Babu Securities Limited, a subsidiary with certain identified Resolution Related Parties of the Company 6. To approve the Remuneration to be paid to Mr. Mukesh Babu, Special Managing Director (DIN: 00224300) for rema [Showing first 8,000 characters — download PDF for full document]