Annual Report 2025-26

19TH August 2026 The Manager, BSE India Ltd. Phiroze Jeejeebhoy Towers, Dalal St, Kala Ghoda, Fort, Mumbai, Maharashtra 400001. Scrip Code: 544013 Subject: Notice of the 04th Annual General Meeting of the Company and submission of Annual Report for the Financial Year 2025-26 Dear Sir/ Madam, Pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith the Annual Report of the Company for the financial year 2025-26 along with the Notice convening the 04th Annual General Meeting scheduled to be held on Thursday, 17th September, 2026 at 12:30 PM. (IST) at Building No.1 Shree Sai Logistics, Survey No.18/2E 18/2P 17/2A, 17/2B Part, Elkunde, Bhiwan, di, Thane, Maharashtra, India, 421302. The said Annual Report 2025-26 is being sent through electronic mode to the shareholders of the Company. The aforesaid Annual Report is also available on website of the Company at www.harshdeepindia.com and website of stock Exchange i.e. BSE India Limited at www.bseindia.com The remote e-voting shall commence on Monday, 14th September, 2026 at 09:00 a.m. (IST) and shall end on Wednesday, 16th September, 2026 at 05:00 p.m. (IST). During this period, Members of the Company holding shares in physical or electronic form as on the Cut-Off Date i.e. Thursday, 10th September, 2026 may cast their vote electronically. Kindly take the above information on your records. Yours faithfully, FOR HARSHDEEP HORTICO LIMITED HITESH CHUNILAL SHAH MANAGING DIRECTOR DIN: 09843633 ANNUAL REPORT HARSHDEEP HORTICO LIMITED FINANCIAL YEAR 2025-2026 CONTENT OF THE REPORT Particulars Page No Corporate Information Managing Director Message to Shareholders Notice of the Annual General Meeting 6-28 Board’s Report 29-40 Annexure to the report of the Board of directors - - Annexure – A - Form AOC – 2 - Annexure – B – Secretarial Audit Report (Form MR - 3) 42-45 - Annexure – C - Management Discussion & Analysis Report (MDAR) 46-52 - Annexure – D - Details of remuneration as per Section 197(12) - Annexure – E – CSR disclosure 54-58 Independent Auditor’s Report 59-70 Audited Financial Statements 71-87 Corporate Information Board of Directors Statutory Auditors Hitesh Chunilal Shah M/s. Kailash Chand Jain & Co., Chairman and Managing Director Chartered Accountant (Firm Registration No. 112318W). Harshit Hitesh Shah Executive Director & Chief Financial Secretarial Auditors Officer M/s. Dilip Swarnkar & Associates, as Secretarial Dipti Hitesh Shah Auditor of the Company. Non-Executive Director Banker Megh Hitesh Shah Non-Executive Director Kotak Mahindra Bank Limited Registered Office Arjun Manish Bhanushali Non-Executive Independent Director Building No.1 Shree Sai Logistics, Survey No.18/2E 18/2P 17/2A, 17/2B Part, Elkunde, Dhruva Hemandra Parekh Bhiwandi, Thane, Thane, Maharashtra, India, Non-Executive Independent Director 421302 Shankar Keshava Vailaya Registrar & Share Transfer Agent Non-Executive Independent Director (Resigned w.e.f. 16th July 2026) MUFG Intime India Private Limited* Key Managerial Personnel C-101, 247 Park, L. B. S. Marg, Vikhroli (West), Mumbai – 400 083 Maharashtra, India. Harshit Hitesh Shah Chief Financial Officer Contact Us Shreya Gandhi Investors Email-Id: info@harshdeepindia.com Company Secretary & Compliance Officer Website: www.harshdeepindia.com Corporate Identification Number: L26994MH2022PLC396421 Managing Director Message to Shareholders Dear Stakeholders, On behalf of the Board of Directors, I am pleased to present to you the Annual Report for the Financial Year ended March 31, 2026 (“F.Y. 2025-26”). It’s a moment of immense pleasure for me as we connect this year on the occasion of 04rd Annual General Meeting of ‘HARSHDEEP HORTICO LIMITED’. It is with pride that I pen this statement. I hope this letter finds you in good health. We believe in creating value by taking constant efforts towards building capabilities and developing our competitive edge over peers with the help of bringing in diversity and transparency in doing business and would continue to do so in order to become a stronger entity than we were yesterday. Most importantly, I would like to thank you, our Shareholders, Bankers and other Stakeholders for your overwhelming trust and confidence that helped and motivated us to pursue an agenda that is in the long-term interest of the Company and hope that this mutual relationship will continue to prosper in long run also. With Warm Regards, Hitesh Chunilal Shah Sd/- Chairman and Managing Director Harshdeep Hortico Limited 4TH ANNUAL GENERAL MEETING Date: 17th September, 2026 Time: 12:30 P.M. Venue: Building No.1 Shree Sai Logistics, Survey No.18/2E 18/2P 17/2A, 17/2B Part, Elkunde, Bhiwandi, Thane, Thane, Maharashtra, India, 421302 NOTICE OF THE ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT THE 04TH ANNUAL GENERAL MEETING OF THE MEMBERS OF HARSHDEEP HORTICO LIMITED (“COMPANY”) WILL BE HELD ON 17TH, SEPTEMBER, 2026 AT 12:30 PM AT BUILDING NO.1 SHREE SAI LOGISTICS, SURVEY NO.18/2E 18/2P 17/2A, 17/2B PART, ELKUNDE, BHIWANDI, THANE, THANE, MAHARASHTRA, INDIA, 421302 TO TRANSACT THE FOLLOWING BUSINESS: ORDINARY BUSINESS: 1. ADOPTION OF AUDITED STANDALONE FINANCIAL STATEMENTS: To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereon. 2. APPOINTMENT OF MR. MEGH HITESH SHAH (DIN: 10322752) AS DIRECTOR, LIABLE TO RETIRE BY ROTATION: To appoint a director in place of Mr. Megh Hitesh Shah (DIN: 10322752) who retires by rotation in terms of section 152(6) of the companies act, 2013 and being eligible, seeks re-appointment. 3. DECLARATION OF FINAL DIVIDEND OF RS. 0.25/- PER EQUITY SHARE (2.5%) FOR THE FINANCIAL YEAR 2025-26: To declare final dividend of Rs. 0.25/- per equity share (2.5%) for the financial year ended on 31st March, 2026. SPECIAL BUSINESS: 4. APPROVAL OF REMUNERATION TO DIRECTORS EXCEEDING THE OVERALL MANAGERIAL REMUNERATION LIMIT AS PER THE PROVISIONS OF SECTION 197 OF THE COMPANIES ACT 2013: To consider and, if thought fit, to pass with or without modification(s), following resolution as a Special Resolution: "RESOLVED THAT pursuant to the provisions of Section 197(1), the first proviso thereto, Section 198 and all other applicable provisions, if any, of the Companies Act, 2013 ("the Act") read with the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 and other applicable Rules made thereunder (including any statutory modification(s), amendment(s), re-enactment(s) or substitution thereof for the time being in force), and subject to such other approvals, permissions and sanctions as may be necessary, the consent of the Members of the Company be and is hereby accorded for payment of aggregate managerial remuneration to the Directors of the Company, including the Managing Director, Whole-time Director(s), Executive Director(s) and commission, if any, payable to Non-Executive/Independent Directors in accordance with the provisions of the Act, for financial year 2026-27 in excess of eleven per cent (11%) but not exceeding Twenty per cent (20%) of the net profits of the Company computed in accordance with the provisions of Section 198 of the Act, for each financial year during the period of applicability of this approval. RESOLVED FURTHER THAT pursuant to the provisions of Section 197(1) read with Section 198 and other applicable provisions of the Act, consent of the Members be and is hereby accorded for payment of remuneration for financial year 2026-27 to the payment of remuneration to Mr. Hitesh Chunilal Shah, Managing Director and Mr. Harshit Hitesh Shah, Whole-time Director of the Company, in excess of 10% of the net profits of the Company calculated as per the provisions of Section 198 of the Act for Financial Year 2026-27, comprising of salary, perquisites, allowances, and any other benefits, as ma [Showing first 8,000 characters — download PDF for full document]