Transcript of 38th Annual General Meeting (AGM) of Aarvi Encon Limited held on Friday, August 14, 2026 at 11:00 AM, IST, through Video Conferecing Mode.

AEL/SE/2026-27/10 Date: August 17, 2026 Listing Department Listing Department, National Stock Exchange of India Limited Bombay Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C/1, Phiroze Jeejeebhoy Towers, G Block, Bandra-Kurla Complex, Bandra, Dalal Street, Mumbai - 400 051. Mumbai - 400 001. Maharashtra, India. Maharashtra, India. Symbol: AARVI Scrip Code: 544850 Kind Attention : Head – Listing Sub: Transcript of the 38th Annual General Meeting of the Company Dear Sir/Madam, Please find attached the transcript of the 38th Annual General Meeting of the Company held on Friday August 14, 2026 at 11:00 hours (IST) through two way Video Conferencing. You are requested to kindly take note of the same. Thanking you. Yours faithfully, For Aarvi Encon Limited Leela Bisht Company Secretary & Compliance Officer TRANSCRIPT OF 38TH ANNUAL GENRAL MEETING SHAREHOLDERS PRESENT THROUGH VC: 53 Shareholders were present at the 38th Annual General Meeting of the Company. DIRECTORS PRESENT THROUGH VC: DIRECTOR(S) DESIGNATION Committees Mr. Virendra D. Sanghavi Managing Director - Mr. Jaydev V. Sanghavi Executive Director & CFO Audit Committee and Stakeholder Relationship Committee – Member Mr. Devendra J. Shrimanker Independent Director Audit Committee & Nomination and Remuneration Committee – Chairman Mrs. Sonal N. Doshi Independent Director Stakeholders Relationship Committee – Chairperson Audit Committee & Nomination and Remuneration Committee – Member Mr. Jagat S. Parikh Independent Director Audit Committee & Nomination and Remuneration Committee– Member Mr. Ramamoorthy Independent Director Audit Committee – Member Ramachandran KEY MANAGERIAL PERSONNEL(S) (KMPS) PRESENT THROUGH VC: KMP(S) DESIGNATION Mr. Virendra D. Sanghavi Managing Director Mr. Jaydev V. Sanghavi Executive Director & CFO Ms. Leela S. Bisht Company Secretary & Compliance Officer AUDITORS PRESENT THROUGH VC: AUDITORS DESIGNATION Mr. Jay Shah Proprietor, M/s Jay Shah & Associates, Statutory Auditors. Ms. Amrita Nautiyal Proprietor, M/s. ADCN & Company, Secretarial Auditor. Other key executives and senior management of the Company had also attended the AGM. The AGM commenced at 11:00 AM (IST) and concluded at 11:40 PM (IST). Welcome Address – Leela Bisht – Company Secretary & Compliance Officer of the Company. Good Morning, Shareholders. It gives us great pleasure to welcome you all to the 38th Annual General Meeting of Aarvi Encon Limited. This meeting is being conducted through Video Conferencing ("VC") in compliance with the applicable provisions of the Companies Act, 2013, and the circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. I am Leela Bisht, Company Secretary and Compliance Officer of the Company. It is my privilege to facilitate today's proceedings. While most of you are familiar with the process of attending meetings through Video Conferencing, I would like to briefly explain a few points to ensure the smooth conduct of the meeting. 1. All shareholders have been placed on mute by default to avoid any background noise or disturbance during the proceedings. 2. During the Question & Answer session, the names of shareholders who have registered themselves as speakers will be announced one by one. And the speaker may unmute themselves and proceed. 3. Kindly speak clearly and at a moderate pace so that your questions and comments can be properly noted. 4. To ensure uninterrupted communication, we request speaker shareholders to use a stable internet connection and avoid running other applications that may affect bandwidth during their turn. 5. If any speaker experiences connectivity issues, we will move on to the next registered speaker and invite the affected shareholder to speak once the connection is restored. 6. In the interest of giving every registered speaker an opportunity to participate, we request all speaker shareholders to keep their remarks within three minutes. 7. If any shareholder has additional queries that could not be addressed during the meeting, they may send them to the Company by email cs@aarviencon.com, and we will be pleased to respond. 8. In case of any technical difficulties during the AGM, shareholders may contact the NSDL Helpdesk, the details of which are provided in the AGM Notice. 9. In accordance with the provisions of the Companies Act, 2013, the applicable MCA Circulars and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, the Notice convening the 38th Annual General Meeting together with the Annual Report for the financial year 2025–26 has been sent electronically to all shareholders whose email addresses are registered with the Company or with their respective Depository Participants. These documents are also available on the Company's website and on the website of the National Stock Exchange of India Limited. 10. Shareholders whose email addresses are not registered with the Company or their Depository Participants have been sent a communication containing the web link for accessing the Notice of the AGM and the Annual Report. 11. The Company provided the facility of remote e-voting to its members in respect of all the resolutions set out in the Notice of the AGM. Members who have not exercised their vote through remote e-voting may cast their vote during the AGM. The e-voting facility will remain open during the meeting and for 15 minutes after the conclusion of the AGM. 12. The Board has appointed Ms. Amrita Nautiyal, Proprietor of M/s. ADCN & Co, Practicing Company Secretaries, as the Scrutinizer to oversee the remote e-voting process and the e- voting conducted during the AGM in a fair and transparent manner. 13. All the resolutions set out in the Notice convening this AGM have already been made available for voting through the remote e-voting facility and the e-voting facility during the meeting. With that, we shall now proceed with the election of the Chairman for today's meeting. I request Ms. Sonal Doshi, Independent Director, to kindly initiate the process. Sonal N. Doshi, Independent Director: I request Mr. Virendra D Sanghavi to act as Chairman of the Meeting. All the members of Board of Directors seconded the same. Leela Bisht, Company Secretary & Compliance Officer: Thank you. As there are no other nominations, and with the consent of the members, Mr. Virendra D. Sanghavi is elected as the Chairman of this Annual General Meeting. I now request Mr. Virendra D. Sanghavi, Managing Director and Chairman of the Meeting, to address the shareholders. Virendra D. Sanghavi, Chairman & Managing Director: Namaste, Good Morning Shareholders, Board Members & Auditors On behalf of the Board of Directors and the management team, gives me great pleasure to welcome you all to the 38th Annual General Meeting of Aarvi Encon Limited. I extend my sincere gratitude to each one of you for your continued trust, support, and confidence in the Company. As the requisite quorum is present, I call the meeting to order. I would now like to introduce you to the Directors of the Company attending the meeting through video conference mode: 1. Mr. Jaydev Sanghavi - Executive Director & Chief Financial Officer of the Company: Member of the Audit Committee and Stakeholder Relationship Committee. 2. Mr. Devendra Shrimanker- Independent Director: Chairman of the Audit Committee and Nomination and Remuneration Committee; and Member of the Stakeholders Relationship Committee. 3. Mrs. Sonal Doshi- Independent Director: Chairman of the Stakeholder Relationship Committee; and Member of the Audit Committee and Nomination & Remuneration Committee. 4. Mr. Ramamoorthy Ramachandran- Independent Director; and Member of the Audit Committee 5. Mr. Jagat Parik- Independent Director; and Member of the Audit Committee and Nomination & Remuneration Committee. In addition, our Senior Management Personnel has also joined this meeting via video conferencing mode: 1. Ms. Leela Bisht – Company Secretary [Showing first 8,000 characters — download PDF for full document]