Find enclosed the Annual Report of the Company for the Financial Year ended on March 31, 2026.

Gulshan Polyols Limited CIN: L24231UP2000PLC034918 Corporate Office: G-81, Preet Vihar, Delhi-110092, India Phone : +91 11 49999200 Fax : +91 11 49999202 E-mail : cs@gulshanindia.com Website: www.gulshanindia.com GPL\SEC\45\2026-27 August 18, 2026 BSE Limited National Stock Exchange of India Limited Department of Corporate Service, Listing Department Floor 25, P. J. Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai Bandra (E), Mumbai Maharashtra- 400 001 Maharashtra-400 051 Scrip Code: 532457 Symbol: GULPOLY Subject: Annual Report for FY 2025-26 along with the Notice of 26th Annual General Meeting of the Company. Dear Sir/Madam, The 26th Annual General Meeting (AGM) of Gulshan Polyols Limited (“the Company”) is scheduled to be held on Friday, September 11, 2026, at 1:00 P.M. (IST) at “The Solitaire INN Hotel, 6 Mile Stone, Meerut Road, National Highway 58, Muzaffarnagar, Uttar Pradesh - 251001”. Pursuant to Regulation 34(1)(a) and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), please find enclosed the Annual Report for FY 2025-26 along with Notice of 26th AGM of the Company. The said Notice and Annual Report are being sent today i.e. August 18, 2026, by email to those Members whose email addresses are registered with the Company/DP(s). Further, in compliance with Regulation 36(1)(b) of the Listing Regulations, the Company is also sending a physical letter to the Members whose e-mail ids are not registered with the Company/RTA/DP, providing the weblink where the Annual Report for FY 2025-26 along with Notice of AGM can be accessed. The aforesaid documents are also available on the website of the Company at www.gulshanindia.com. The web-links for the same are given below:  Annual Report for FY 2025-26: https://www.gulshanindia.com/pdf/2026-27/Annual- Report-FY-2025-26-agm26.pdf  Notice of 26th AGM: https://www.gulshanindia.com/pdf/2026-27/Notice-of-26th- Annual-General-Meeting-agm26.pdf The Register of Members and the Share Transfer Books of the Company will remain closed from Saturday, September 05, 2026, to Friday, September 11, 2026, (both days inclusive) for payment of dividend. Members are requested to refer Annexure II of the AGM Notice for tax on dividend and submission of requisite documents. Regd. Off.: 9th K.M., Jansath Road, Muzaffarnagar, (U.P.) 251001, Ph.: (0131)32958800, Fax: (0131) 2661378 Gulshan Polyols Limited CIN: L24231UP2000PLC034918 Corporate Office: G-81, Preet Vihar, Delhi-110092, India Phone : +91 11 49999200 Fax : +91 11 49999202 E-mail : cs@gulshanindia.com Website: www.gulshanindia.com The Company is providing remote e-voting facility to the Members through electronic voting platform of the National Securities Depository Limited (NSDL). Members holding shares either in physical form or dematerialized form as on cut-off date, i.e., Friday, September 04, 2026, may cast their votes electronically on the resolutions included in the Notice of 26th AGM. The remote e-voting shall commence on Tuesday, September 08, 2026 at 9:00 A.M. and ends on Thursday, September 10, 2026 at 5:00 P.M. The remote e-voting module shall be disabled by NSDL for voting thereafter. Detailed instructions for registering email addresses(s) and voting/ attendance at the AGM are given in the AGM Notice. This is for your information and records. Thanking You, Yours faithfully For GULSHAN POLYOLS LIMITED Reetika Pant Company Secretary Encl.: As below Regd. Off.: 9th K.M., Jansath Road, Muzaffarnagar, (U.P.) 251001, Ph.: (0131)32958800, Fax: (0131) 2661378 GULSHAN POLYOLS LIMITED 26th ANNUAL REPORT 2025-26 GULSHAN POLYOLS LIMITED 26th ANNUAL REPORT 2025-26 BOARD OF DIRECTORS Dr. Chandra Kumar Jain Ms. Arushi Jain Ms. Adi� Pasari Mr. Ashwani Kumar Vats Ms. Anubha Gupta Chairman & Managing Joint Managing Director Joint Managing Director Whole Time Director & CEO Non-Execu�ve & Non- Director Independent Director Dr. Jain is the promoter of Ms. Jain holds a Master of Ms. Pasari holds a Master of Mr. Vats holds a Post Ms. Gupta holds a Postgraduate Diploma in the Gulshan Polyols Limited. He is Science degree from the City Business Administra�on from Graduate Diploma in History of Art from the a Sugar Technologist with a University of New York, USA. the University of Wales, UK. Marke�ng and Management. Courtauld Ins�tute of Art, Doctorate Degree in She has over two decades of She brings more than two He has vast experience in the University of London, and a Chemistry. An industrialist of core experience in opera�ons, decades of core experience in calcium carbonate industry B.A. (Hons) in English repute, he brings more than marke�ng, and produc�on. finance, stakeholder rela�ons, and has been associated with Literature from Jesus and five decades of rich and varied and opera�ons. the company for several Mary College, University of experience in the chemical decades Delhi. She is a driven and sugar industries. entrepreneur with over a decade of experience in leadership roles, featuring strong acumen in finance, strategic planning, and business scaling. Mr. Soumyajit Mitra Ms. Archana Jain Mr. Nitesh Garg Mr. Vardhman Doogar Mr. Rahul Jain Independent Director Independent Director Independent Director Independent Director Independent Director Mr. Mitra is a corporate Ms. Jain is a qualified Mr. Garg is a prac�cing Mr. Doogar has over a decade Mr. Jain is a Fellow Member lawyer with over 18 years of Chartered Accountant and Chartered Accountant holding of experience in audi�ng, of the Institute of Cost experience. His prac�ce Law Graduate. She possesses membership with ICAI, a management consultancy, Accountants of India with focuses on advising Fortune over 10 years of cross- Diploma in IFRS from ACCA and merchant banking. He over 15 years of professional experience in the field of cost 100 and Fortune 500 clients in func�onal experience in UK, and a valua�on cer�ficate specializes in handling and management accounting. areas including Mergers & accounts, finance, internal from ICAI. He has 8 years of statutory audits, tax audits, He is the founder of Rahul Acquisi�ons, Joint Ventures, audit, forensic audit, and experience with Big 4 firms FDI/IPO due diligence, and Jain & Associates, established Capital Markets, private indirect taxa�on. (PwC and EY), specializing in coordina�on with merchant in 2011, providing services in equity, foreign collabora�ons, audi�ng, Ind AS, business bankers and legal advisors. cost audit, management and securi�es. valua�on, and management consultancy, taxation, and repor�ng. accounting. He brings strong expertise in cost management, compliance, and business advisory. Dear Shareholders, sustainable value for our stakeholders. It is my privilege to present the Annual Report of Gulshan Polyols FY 2025-26 Financial Performance Limited for the financial year 2025–26. I am pleased to report that FY 2025-26 has been one of the strongest The year under review was marked by a dynamic global economic financial years in the Company’s history. environment characterized by geopolitical tensions, evolving Revenue from operations increased to ₹2,312.42 crores, representing trade policies, inflationary pressures, and continued supply chain a healthy year-on-year growth of approximately 14.49%, reflecting realignments. While these developments created uncertainty across sustained demand across our business segments and improved international markets, they also reinforced the importance of operational execution. resilience, operational excellence, and sustainable growth. The Company’s EBITDA increased by over 130.71% to ₹231.43crores, Against this backdrop, India continued to demonstrate remarkable demonstrating significant improvement in operating efficiencies and economic strength, supported by robust domestic demand, profitability. progressive policy reforms, sustained infrastructure investments, and a strong manufacturing ecosystem. These str [Showing first 8,000 characters — download PDF for full document]