Shareholders meeting

IMPAL SundaramTowers,3rdFloor, 46,WhilesRoad,Chennai600014. Telephone:(044)-28523996/28524097 CIN:L65991TN1954PLC00O958 SECY/NSE/11/2026-27/21.07.2026 The Manager Listing Department National Stock Exchange of India Limited “Exchange Plaza”, Plot C/1, “G”, Block Bandra Kurla Complex, Bandra (E), Mumbai - 400 051 Symbol – IMPAL, Series – EQ Dear Sir / Madam, Sub: Proceedings of 72nd Annual General Meeting and Chairman’s speech. The 72nd Annual General Meeting (‘AGM’) of the Company was held on Tuesday, 21st July, 2026 at 11.30 A.M. through video conferencing and the entire business mentioned in the notice were transacted. In this regard, please find enclosed herewith the following: 1 Summary of proceedings of 72nd Annual General Meeting as required under, Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Annexure-1); and 2 Chairman’s Speech (Annexure-2). Kindly take the above information on record. Thanking you, Yours faithfully, For India Motor Parts & Accessories Limited R Swetha Company Secretary & Compliance Officer Encl.: As above Copy to: - The Manager, Listing Department, BSE Limited Floor 25, P J Towers, Dalal Street, Mumbai 400001 India Motor Parts &Accessories Limited www.impai.net EXTRACT OFTHEPROCEEDINGS OFTHESEVENTY SECOND ANNUAL GENERAL MEETING OF THE SHAREHOLDERS OF INDIA MOTOR PARTS & ACCESSORIES LIMITED, CHENNAI, HELD THROUGH VIDEO CONFERENCING ON TUESDAY, THE 21st JULY, 2026 BETWEEN11.30 A.M. AND11.55 A.M. Present: Members * - 67 ‘Includes Directors and Key Management Personnel Present: SriSrivats Ram Chairman SriN Krishnan Whole-Time Director SriMukund S Raghavan Managing Director Sri Ananth Ramanujam Director Sri Srinivas Acharya Independent Director SriM K Surendran Independent Director Ms. Sriya Chari Independent Director Ms. Shuba Kumar Independent Director Ms. Pritha Ratnam Independent Director In Attendance: Sri S Ramasubramanian Chief FinancialOfficer Ms. R Swetha Company Secretary & Compliance Officer SriL Ravi Sankar Partner, Brahmayya & Co., Statutory Auditors Sri P Babu Partner, Brahmayya & Co., Statutory Auditors Sri M Damodaran Managing Partner, M Damodaran & Associates LLP Secretarial Auditor & Scrutinizer Ms. R Swetha, Company Secretary of the Company welcomed the members of the Company. She informed that the notice of the 72nd AGM and the Annual report for the financial year 31st March, 2026, have been sent electronically for members whose email ID’s are registered with the Company and letters containing the weblink of the Annual reporthavebeensentto shareholders whohave notregisteredtheiremailID. Shebriefed that the members who had not cast their votes through Remote E-Voting may cast their votes through E-Voting platform providedby CDSL during the meeting. ShealsoinformedthatSri.MDamodaranofDamodaran&Associateshasbeenappointed as the scrutinizer for conducting the e-voting process. Sri Srivats Ram, Chairman, occupied the Chair and welcomed the members, Directors and the auditors of the Company. The requisite quorum being present, the Chairman called the meeting to order. With the permission of the members, notice of the meeting was taken as read. The Secretary informed the shareholders that the Auditors' Report on the financial statements for the year ended 31st March 2026, was an unmodified report. The Chairman thereafterproceededto deliver his speechtothe Members highlighting the following points: > Performance of the Company for the year under review. > Outlook for the year 2026-27 > Dividend > Expressed gratitude to the customers, suppliers, dealers, shareholders and bankers for theircontinued support. > Appreciation to allthe staff and executives ofIMPAL for their contribution. TheChairmanrequestedtheCompanySecretarytoinvitetheshareholdersforexpressing their views /asking questions. The queries raised by the members at the meeting were answeredby the Chairman and Managing Director. Subsequently, Chairman announced that members who have not exercised remote e- voting may exercise their votes electronically upto the conclusion of the meeting. The following businesses as set forth in the Notice were transacted at the Meeting. S. No Business Transacted Ordinary Business-Ordinary Resolution 1. To consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2026, the Board’s and Auditor’s Report thereon 2. To declare the FinalDividend for the Financial year 2025-2026 3. To re-appoint Sri. Srivats Ram, (DIN:00063415), as Director, who retires by rotation Special Business-Ordinary Resolution 4. To approve the Material Related Party Transaction with Brakes India Private Limited for Rs.500 crores The Chairman informed that the results of the remote e-voting and e-voting at the AGM wouldbeannouncedtothe Stock Exchange and uploadedinthe website ofthe Company within 2working days ofthe conclusion ofthe meeting. There being no other business to transact, the Chairman declared the meeting closed after a member proposed a vote of thanks. ********************* f No.46, WhitesRoad, Chennai India Motor Parts & Accessories Limited CHAIRMAN’S SPEECH 72nd Annual GeneralMeeting July 21,2026 Ladies and Gentlemen, The Indian automobile industry continues to be one of the key pillars of the nation's economy, contributing approximately 6% of India's GDP, while the auto component industry contributesabout2.3%ofGDP. TheIndianAutomotiveaftermarketisexpected to witness sustained growth, driven by expanding service networks and increasing preference for genuine and reliable spareparts. The Company recorded a revenue growth of6.12%, during the year under review over the previous year, despite competitive pressures and the West Asia crisis. In order to maintain our share in the market, the company opened ten additional branches during the year under review and has a total of 90branches for distributing the spare parts. The past year has been a steady progress. Despite economic uncertainties and other challenges, thecompany remained focused ondelivering high-quality automobilespare parts to its customers. Outlook With an increasing vehicle pare in both the Passenger Vehicle & Commercial Vehicle Segments on Indian roads, the need for high-quality and affordable replacement parts is expectedto grow. Our focus will remain on expanding our reachby increasing our network and improving the availability of genuine parts across thecountry. Liquidity continues to remain tight and is expected to improve in the second half of the financial year. The El Nino phenomenon may delay the onset of south west monsoon due to which_ there could be a decrease in consumptioninrural and farm sectors. 1|P a g e India Motor Parts & Accessories Limited Dividend The company has paid an Interim dividend of Rs. 10/- per share in February 2026. The company ispleasedtorecommend aFinalDividendofRs. 23/-pershare,subjecttothe approval by the shareholders at the AGM. Together with the Interim Dividend, the total dividend for the year 2025-2026 aggregates to Rs. 33/-per share. On behalf of Board of Directors, I wish to thank our customers, suppliers, dealers, distributors and bankers for their continued support and cooperation. I extend my sincere gratitude to all shareholders for your continued trust, confidence, and unwavering support. I also express my appreciation for the hard work and dedication of all the staff, managers, and executives of thecompany during the year. ****** WhitesRoad, Chennai 2|P a g e