General Updates

A . ~® plastics best Ref. No.SH/13/2026. 3rd July, 2026 National Stock Exchange of India Ltd., SSE Limited. Exchange Plaza, 5th floor, Market-Operation Dept., Plot No. C/1, G. Block, 1st Floor, New Trading Ring, Bandra-Kurla Complex, Rotunda Bldg., P.J. Towers, Sandra (East), Dalal Street, MUMBAI -400051 Fort, MUMBAI 400023 Sub.: Chairman Statement made at the 84th Annual General Meeting of the Company, held on Friday, 3 July, 2026. Enclosed please find Chairman Statement made at the 84th Annual General Meeting of the Company held through Video Conference("VC")/ Other Audio Visual Means("OAVM), on Friday 3rd July, 2026 at 4.00 p.m. This is for your information and appropriate dissemination. Thanking you, Yours faithfully, For The Supreme Industries Ltd. (R. J. Saboo) VP(Corporate Affairs) & Company Secretary The Supreme Industries Limited Regd. Office : 612, Raheja Chambers, Nariman Point, Mumbai 400021, INDIA. +91-022-6257 0000 I 6257 0025 I 'f.!f CIN: L35920MH1942PLC003554 PAN: AAACT1344F sil_narimanpoint@supreme.co.in ~ Corporate Office: 1161 & 1162, Solitaire Corporate Park, Bldg. No. 11, 167, Guru Hargovindji Marg, Andheri -Ghatkopar Link Road, Chakala, Andheri (East), Mumbai 400 093, INDIA.~ +91 (022) 6869 0000, 4043 0000 ~ sil_ho@supreme.co.in C www.supreme.co.in Chairman’s Statement 2025-2026 Dear Shareholders, Ladies and Gentlemen I extend to each one of you a warm welcome to the 84th Annual General Meeting of the Company. The Annual Report, together with the Audited Accounts and the Director's Report, for the year ended 31st March 2026 have been with you for quite some time and with your permission, I would like to take them as read. I hope it provides you with a clear idea of the working of the Company during the year under review. Today, I stand before you with a deep sense of loss to pay tribute to our beloved Chairman, Late Shri B.L. Taparia Ji, who left for his heavenly abode on 30th January 2026. Shri B.L.Taparia Ji had been an integral part of our Company’s journey for nearly five decades. He joined the Board of Directors on 15th June 1977 and went on to serve as Chairman from 27th October 1994. His association with the Company was not just long-standing - it was profoundly impactful. He was a visionary leader, a guiding force, and a pillar of strength for all of us. His wisdom, calm demeanor, and deep understanding of both business and people enabled the Company to successfully navigate many important phases of growth and transformation. Beyond his corporate leadership, Shri B.L.Taparia Ji was deeply committed to social causes and played an active role in advancing our CSR initiatives, leaving behind a legacy that extends far beyond business. On behalf of all stakeholders, I would like to express our heartfelt respect, gratitude, and affection for a life so richly lived and so generously shared. On a personal note, I have not only lost a respected Chairman, but also a mentor and guiding elder whose wisdom, integrity, and encouragement will stay with us always. His values and vision will continue to inspire us as we carry forward his legacy. We pray GOD that his noble SOUL rests near HIS LOTUS FEET. Dear Partners, The Company achieved Net Revenues for the year 2025-26 of R 11,320 Crores (including R 96 crores by way of trading in other related products) as against R 10,559 crores (including R 73 crores by way of trading in other related products) during the previous year. The Company has sold 7.54 lakh tons of Plastic products as against 6.75 lakh tons of Plastic products in the same period of previous year, reflecting a growth of about 12% in product turnover by volume. The Profits before interest, Depreciation and Taxes during the year under review were at R 1,657 crores as against R 1,546 crores in the previous year. Net Profit after Tax remained at R 911 Crores in 2025-26 as against R 894 crores in 2024-25. During the year, Board of Directors in its Meeting held on 27th October 2025 had declared interim dividend @ 550 % i.e. R 11/- per equity share and same has been paid in November 2025. Further, Final dividend @ 1250% i.e. R 25/- per equity share has been recommended by the Board of Directors subject to members approval at this AGM. Thus, the total dividend for the year shall work out @ 1800% i.e. R 36/- per equity share of Face Value of Share of R 2/- each as against total dividend @1700% i.e. R 34/- per equity share of face value of R 2/- each in the previous year. Total Dividend payout would amount to R 457 Crores, as compared to R 432 Crores in the previous year. After making necessary provisions, a sum of R 454 Crores has been transferred to the General Reserve. Beginning April this year, the war situation between America- Iran started heading towards ceasefire. The Polymer prices which have gone extremely high in the month of March started downward trend. This has resulted in huge destocking by entire distributor chain dealing in plastics products throughout the Country. This has led to degrowth in volumes in Company’s business in the first quarter. Chairman’s Statement 2025-2026 Polymer prices have started returning to normal level. We anticipate that the ceasefire between USA – Iran will stay. Thus we are hopeful of volume recovery for rest of the year. On lost volume, thus we shall be in a better position to talk post H1 in October 2026. India continues to remain one of the fastest growing major economies globally, with growth expected in the range of 6.5% to 7% despite geopolitical uncertainties. While the year under review has witnessed multiple external challenges, including volatility in crude and polymer prices as well as geopolitical disruptions, we believe the adverse impact has largely been front-loaded. With strong policy support, infrastructure investments, and expanding export opportunities, the growth outlook remains positive. Government initiatives such as infrastructure development, expansion of water supply systems, and growth of piped natural gas networks are expected to drive sustained demand for our key product segments. During the year 2025-26, Plastics Piping Systems business continued strong growth driven by expanded product portfolio and innovation. The Company launched the PERT Pipe System which can withstand high temperature & pressure. The Company also developed metal fittings suitable for such application. The Company successfully launched Electrofusion Olefins fittings and compression moulded fittings with a portfolio of 673 nos. With Electrofusion Olefin fittings, the Company has entered the industrial piping system segment, thereby creating additional business opportunities. The Company has become a licensee of a reputed European manufacturer, M/s Poloplast GmbH & Co KG, Austria, and commenced production of PP silent Pipe System. The acquisition and integration of the Wavin business has further strengthened capabilities and expanded the technological edge of the Company. Installed Capacities of Plastic Piping system has reached to one million MT per annum as on 31st March 2026 as against 8,70,000 MT per annum at the beginning of the year. The Business of Cross Laminated Film & Products was affected by look alike products available in the market. The Company believes this as temporary phenomenon. Similar situation happened in earlier years. The quality of Company’s Cross Laminate products are far superior. Thus the growth in domestic market will return back quickly in this division. The division was successful to get new customers added in USA & Latin America. Trials for Cross Plastics have been conducted at customer sites with encouraging outcome. The Company remained focused on development of its Furniture Business. The company’s furniture division is recognized for its strong brand value and holds the reputation of being a premium brand within the plastic furniture industry. The company’s high brand recall among consumers underpins the company’s commitment to maintain focus on this bu [Showing first 8,000 characters — download PDF for full document]