Shareholders meeting

14 August, 2026 To, To Corporate Relations Department Corporate Relations Department BSE Limited National Stock Exchange of India Limited 2nd floor, P. J. Tower, Exchange Plaza, Plot No. C/1, G-Block Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai- 400 051 Company Code: 532888 C o m p a n y C o d e : A S I A N T I L E S Dear Sir/ Madam, Subject: Submission of Notice of 31st Annual General Meeting under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the Notice along with Explanatory Statement and e-voting instruction of the 31st Annual General Meeting of the Company to be held on Wednesday, 09 September, 2026 at 11:00 A.M. through Video Conference ("VC") / Other Audio Visual Means ("OAVM"). The said Notice forms part of the Annual Report for 2025-26. The Notice for 31st Annual General Meeting is also available on the website of the Company at www.aglasiangranito.com. Request you to take the same on record. Thanking You. Yours sincerely, For Asian Granito India Limited Dhruti Trivedi Company Secretary and Compliance Officer Encl.: As above NOTICE NOTICE IS HEREBY GIVEN THAT THE THIRTY FIRST (31ST) effect from 1 January, 2027 till 31 December, 2029 ANNUAL GENERAL MEETING OF THE MEMBERS OF ASIAN on the terms and conditions of re-appointment and GRANITO INDIA LIMITED (the Company) will be held on remuneration as set out hereunder: Wednesday, 09 September, 2026 at 11:00 a.m. through Video Conferencing (“VC”) / Other Audio Visual Means A. Remuneration: (“OAVM”) at the registered office of the Company situated i. Salary: The Chairman & Managing Director shall at 202, Dev Arc, Opposite Iskon Temple, S. G. Highway, be entitled to a salary in the range of Rs. 5,00,000 Ahmedabad, Gujarat – 380 015 to transact the following – Rs.15,00,000 per month as may be determined businesses: by the Board of Directors and/or Nomination and Remuneration Committee from time to time. Ordinary Businesses ii. Perquisites and allowances: 1. To receive, consider and adopt the Standalone 1. Group Medical Claim Policy: Coverage for and Consolidated Financial Statements including self under the Company’s group medical the Audited Balance Sheet, the Statement of Profit insurance policy, in accordance with the rules and Loss for the financial year ended on that date of the Company. and reports of the Board of Directors and Auditors thereon for the financial year ended 31 March, 2026. 2. Personal Accident Insurance: Personal Accident Insurance coverage as per the policy 2. To appoint a director in place of Mr. Bhaveshkumar of the Company. Vinodbhai Patel (DIN: 03382527) Director, who retires 3. Provident fund and superannuation: The by rotation and being eligible offers himself for re- Company’s contribution towards provident appointment. fund and the pension’s fund will not be included in the computation of ceiling on perquisites to Special Businesses the extent these either singly or put together are not taxable under the Income Tax Act. 3. Re-appointment of Mr. Kamleshkumar Bhagubhai Patel (DIN: 00229700) as a Chairman and Managing 4. Gratuity shall be paid as per Company’s rule Director. and will not be included in the computation of the ceiling on perquisites. To consider and if thought fit, to pass with or without 5. Provision of corporate mobile and modification(s), the following resolution as a Special communication reimbursement facilities as per Resolution: Company policy. “RESOLVED THAT pursuant to the provisions of Sections 6. Reimbursement of Expenses: Reimbursement 196, 197, 198 and 203 and other applicable provisions, of actual travelling, boarding, lodging and if any, of the Companies Act, 2013 (“the Act”) (including other expenses incurred in connection any statutory modification or re-enactment thereof for with the business of the Company and the time being in force) read with Schedule V of the performance of duties. Act and Companies (Appointment and Remuneration B. Sitting Fees: Mr. Kamleshkumar Bhagubhai Patel shall of Managerial Personnel) Rules, 2014 and Articles not be entitled to receive any sitting fees for attending of Association of the Company and pursuant to meetings of the Board of Directors or Committees Regulation 17(6) of the Securities and Exchange thereof during the tenure of his appointment. Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015 and subject to such C. Subject to the superintendence, control and approvals, permissions and sanctions, if any required, direction of the Board as it may from time to time and as approved by the Board of Directors upon determine, the Chairman and Managing Director recommendation of Nomination and Remuneration shall have substantial powers of the management of Committee, consent of the members of the Company the Company and perform all other acts and things be and is hereby accorded for re-appointment of Mr. which in the ordinary course of business he may Kamleshkumar Bhagubhai Patel (DIN: 00229700) as consider necessary or proper or in the interest of the a Chairman and Managing Director of the Company Company. for a further period of 3 (Three) consecutive years with Annual Report 2025-26 01 RESOLVED FURTHER THAT the Board of Directors Directors upon recommendation of Nomination and subject to recommendation of the Nomination and Remuneration Committee, consent of the members Remuneration Committee of the Company be and are of the Company be and is hereby accorded for re- hereby severally authorised to alter and vary , revise or appointment of Mr. Mukeshbhai Jivabhai Patel (DIN: enhance the terms and conditions of re-appointment 00406744) as a Managing Director of the Company and remuneration, including salary, perquisites, for a further period of 3 (Three) consecutive years with allowances and benefits payable to Mr. Kamleshkumar effect from 1 April, 2027 till 31 March, 2030 on the terms Bhagubhai Patel, from time to time, subject to the and conditions of re-appointment and remuneration as overall limits specified in Schedule V to the Companies set out hereunder: Act, 2013 as may be decided by the Board of Directors and applicable provisions of the SEBI LODR Regulations. A. Remuneration: i. Salary: The Managing Director shall be entitled to RESOLVED FURTHER THAT in the event of loss or a salary in the range of Rs. 5,00,000 – Rs.15,00,000 inadequacy of profits in any financial year of the per month as may be determined by the Board of Company during the term of Mr. Kamleshkumar Directors and/or Nomination and Remuneration Bhagubhai Patel, office as Chairman and Managing Committee from time to time. Director, the remuneration set out in the aforesaid ii. Perquisites and allowances: resolution of appointment be paid or granted to Mr. Kamleshkumar Bhagubhai Patel, as minimum 1. Group Medical Claim Policy: Coverage for remuneration provided that the total remuneration by self under the Company’s group medical way of salary and other allowances shall not exceed the insurance policy, in accordance with the rules ceiling provided in Section II of Part II of Schedule V to of the Company. the said Act or such other amount as may be provided 2. Personal Accident Insurance: Personal in the said Schedule V as may be amended from time Accident Insurance coverage as per the policy to time or any equivalent statutory re-enactment(s) of the Company. thereof. 3. Provident fund and superannuation: The RESOLVED FURTHER THAT the Board of Directors of Company’s contribution towards provident the Company be and is hereby severally authorized to fund and the pension’s fund will not be included do all such acts, deeds, matters and steps as may be in the computation of ceiling on perquisites to necessary for obtaining such approvals in relation to the the extent these either singly or put together above an [Showing first 8,000 characters — download PDF for full document]