Shareholders meeting

Date: 14th August, 2026 Ref.: PIL/ANB/L-041/2026-27 Company Code: PRAJIND Security Code No.: 522205 National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza, 5th Floor, Plot No. C/1, Phiroze Jeejeebhoy Towers, 25th Floor, G Block, Bandra-Kurla Complex, Dalal Street, Mumbai - 400 001 Bandra (East), Mumbai - 400 051 Sub.: Scrutinizers’ Report and Details of Voting Results Dear Sir/Madam, Please find enclosed the Scrutinizers’ Report and the details of voting results in the prescribed format of the 40th Annual General Meeting of the Company held on 13th August, 2026 through Video Conferencing. You are requested to kindly take the same on your record. FOR PRAJ INDUSTRIES LIMITED ANANT BAVARE COMPANY SECRETARY & COMPLIANCE OFFICER (M. No. 21405) Encl.: as above Praj Industries Limited Regd. Office: ‘Praj Tower’, 274 & 275/2, Bhumkar Chowk, Hinjewadi Road, Hinjewadi, Pune 411057. Ph.: +91-20-71802000 / 22941000 f: +91-20-22941299 e: info@praj.net w: www.praj.net CIN: L27101PN1985PLC038031 M55N ASSOCIATES COMPANY SECRETARIES 6A, Anandmayee Co-op. Hsg. Soc., Near Ashwamedh Hall, Off Karve Road, Erandawane, Pune -411 004. E-mail : csmarathe.msn@gmail.com I csbapat.msn@gmail.com I nishad.msn@gmail.com Phone -+91-2041233634125455401 I Website: www.msnassociates.in Scrutinizer's Report [Pursuant to Section 108 of the Companies Act, 2013 and Rule 20(4) (xii) of the Companies (Management and Administration) Rules, 2014] The Chairman, Praj Industries Limited, Pune. Name of the Company Praj Industries Limited Meeting 4oth Annual General Meeting Day, Date, Time Thursday, August 13th, 2026 at 10.00 a.m. Place 'Praj Tower', S. No. 274 & 275/2, Bhumkar Chowk, Hinjewadi Road, Hinjewadi, Pune-411057 Mode Video Conferencing "VC" Other Audio-Visual Means "OAVM" Dear Sir, I, Nishad Umranikar, Partner of MSN Associates, Company Secretaries, have been appointed as scrutinizer by the Board of Directors of Praj Industries Limited ("the Company") for the purpose of scrutinizing the remote e-voting and e-voting conducted during the Annual General Meeting ("AGM") pursuant to Section 108 of the provisions of Companies Act, 2013 and Rule 20 & 21 of the Companies (Management and Administration) Rules, 2014 (Amendments Rules 2015) as amended, read with General Circular No. 03/2025 dated September 22nd, 2025 read with Circular issued by Securities and Exchange Board of India ("SEBI") (Listing Obligations and Disclosure Requirements) Regulations, 2015, having reference No. SEBl/HO/CFD/CFD-PoD- 2/P/CIR/2024/133 dated October 03, 2024 have permitted the holding of AGM through Video Conferencing or Other Audio Visual Means ("VC/ OAVM"), without the physical presence of members at a common venue for the 40th Annual General Meeting of the Equity shareholders of the Company held on Thursday, August 13th, 2026 at 10.00 a.m. ASSOCIATES COMPANY SECRETARIES The MCA and SEBI Circulars inter alia provide for relaxation in the manner in which the AGM to be held including the manner of sending the Notices and Annual Reports to the members and the manner of voting at the meeting. Further pursuant to these Circulars, physical attendance of members has been dispensed with and accordingly, the facility for appointment of proxies by the members is also dispensed with. Members who attended the meeting through VC or OAVM were counted for the purpose of reckoning the quorum under section 103 of the Companies Act, 2013. I have conducted the scrutiny in a fair and transparent manner in respect of the below mentioned resolutions, proposed at the 4oth Annual General Meeting of the Equity shareholders of the Company and I submit my report as under: The compliance with the provisions of the Companies Act, 2013 and the rules made thereunder and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 relating to voting through electronic voting system (by remote e-voting) and e-voting conducted during the AGM by the shareholders on the resolutions proposed in the Notice of the 40th AGM of the Company is the responsibility of the management. My responsibility as a Scrutinizer is to ensure that the voting process through electronic voting system and by e-voting conducted during the AGM are conducted in a fair and transparent manner and render consolidated scrutinizer's report of the total votes cast in favor or against if any, to the Chairman, on the resolutions, based on the reports generated from the electronic voting system provided by MUFG lntime India Pvt. Ltd. (formerly known as Link Inti me India Pvt. Ltd.) and report one-voting conducted during the AGM. The Company had appointed MUFG lntime India Pvt. Ltd. (formerly known as Link lntime India Pvt. Ltd.) as the service provider for extending the facility of remote e-voting to the shareholders of the Company from Monday, August 10th, 2026 at 09.00 a.m. (IST) to Wednesday, August 12th, 2026 at 05.00 p.m. (IST) and e-voting at the AGM through insta-poll. In accordance with the notice of the 4oth Annual General Meeting sent to the shareholders by way of email on Tuesday, July 2l5t, 2026 and the 'Advertisement' published on Thursday, July 22nd, 2026 in "Financial Express" ('English Newspaper') & "Loksatta" ('Marathi Newspaper') pursuant to Rule 20(4) (v) of the Companies (Management and Administration) Rules, 2014 (Amendment Rules 2015) and the Circulars mentioned above, the remote e-voting period remained open from Monday, August 10th, 2026 at 09.00 a.m. (IST) to Wednesday, August 12th, 2026 at 05.00 p.m. (IST). The shareholders holding shares as on the "cut off" date i.e. Thursday, August 5t1i, 2026 were entitled to vote on the proposed resolutions (item nos. 1 to 6) as set out in the Notice of the 40th Annual General Meeting of the Company. ASSOCIATES COMPANY SECRETARIES The remote e-voting system was blocked forthwith at the end of the remote e-voting period on Wednesday, August 12th, 2026 at 05.00 p.m. (IST). The votes cast through remote e-voting system were unblocked on Thursday, August 13th, 2026 after conclusion of the Annual General Meeting in the presence of two (2) witnesses (Mrs. Vrushali Pangarkar residing at Sadashiv Peth, Pune 411030 and Ms. Mrunmayi Bakshi residing at Navi Peth, Pune 411030) who are not in the employment of the Company. Thereafter, the details containing, inter-alia, list of equity shareholders, who voted "for" and "against", were downloaded from the e-voting website of MUFG lntime India Pvt. Ltd. lnsta-vote (https://instavote.linkintime.co.in) and the same were handed over to the Company Secretary, who is authorized by the Chairman. Witnesses: J Signature:---~....;...<~-·-· 1. Vrushali Pangarkar ___ After declaration of commencement of voting during the conduct of the Annual General Meeting, the shareholders who had not voted through the remote e-voting process were instructed to cast their vote bye-voting. Thereafter, the details containing, inter-alia, list of equity shareholders, who voted "for" and "against", were downloaded from the e-voting website of MUFG lntime India Pvt. Ltd lnsta-vote (https://instavote.linkintime.co.in) and the same were handed over to the Company Secretary who is authorized by the Chairman. The votes cast through remote e voting and voting conducted during the meeting were reconciled with the records maintained by the Company/ Registrar and Transfer Agents of the Company and the authorizations lodged with the Company. The total votes cast in favor or against all the resolutions proposed in the Notice of the 40th Annual General Meeting are as under: ASSOCIATES COMPANY SECRETARIES Ordinary Business: Resolution No. 1 [Ordinary Resolution] - To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2026 together with the reports of Board of Directors and the Auditors thereon. Mode of Total No. of No. of Votes Votes in Favor of Votes Against the Invalid Voting Shares of the Polled# Resolution Resolution Votes [Showing first 8,000 characters — download PDF for full document]