Notice of 34th Annual General Meeting of the Company for the Financial Year 2025-26 is enclosed.

Registered Office & Plant: 309, Moxi, Sankarda - Savli Road, Tal. Savli Dist. Vadodara - 391 780, Gujarat, India. CIN : L25200GJ1992PLC017678 Web : www.axelpolymers.com • Email : info@axelpolymers.com 20th August, 2026 The Listing Department, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400 001 Scrip Code: 513642 Subject: Notice convening the 34th Annual General Meeting of the Company Dear Sir/Madam, Pursuant to the provisions of Regulation 30 and Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the Notice convening the 34th Annual General Meeting ("AGM") of Axel Polymers Limited, which is scheduled to be held on Friday, September 11, 2026 at 11.30 A.M. (IST) through Video Conferencing/ Other Audio Visual Means in accordance with relevant circulars issued by the Ministry of Corporate Affairs and Securities Exchange Board of India. The details of the AGM are mentioned below: Date and Time of 34th AGM Friday, September 11, 2026 at 11.30 A.M. (IST) Location Through Video Conferencing/ Other Audio Visual Means Cut-off date (for determining eligibility of Friday, September 04, 2026 members for e-voting) Remote e-voting period From Tuesday, September 08, 2026 at 9:00 a.m. (IST) to Thursday, September 10, 2026 at 5:00 p.m. (IST) Result of e-voting On or before Monday, 14th September, 2026 In compliance with the relevant circulars, the Notice of the 34th AGM along with the Annual Report for FY. 2025-26 is being sent today, only by electronic mode to those shareholders whose e-mail address is registered with the Company/ Registrar and Transfer Agent of the Company /Depository Participants. The Notice of 34th AGM and Annual Report for the Financial Year 2025-26 is also available on the website of the Company at www.axelpolymers.com Corporate Office: B-312, Western Edge II, Off. Western Express Highway, Borivali (East), Mumbai - 400 066. Maharashtra, India. • Phone: +91 22 41207546 Registered Office & Plant: 309, Moxi, Sankarda - Savli Road, Tal. Savli Dist. Vadodara - 391 780, Gujarat, India. CIN : L25200GJ1992PLC017678 Web : www.axelpolymers.com • Email : info@axelpolymers.com We request you to take the above information on record. Thanking you, Yours faithfully, For Axel Polymers Limited Ashish Chaudhary Company Secretary and Compliance Officer Membership No.: A72705 Encl: As above Corporate Office: B-312, Western Edge II, Off. Western Express Highway, Borivali (East), Mumbai - 400 066. Maharashtra, India. • Phone: +91 22 41207546 CIN: L25200GJ1992PLC017678 Registered Office: 309, Mokshi, Sankarda - Savli Road, Tal. Savli, Dist. Vadodara – 391780. Corporate Office: B-312, Western Edge II, Off Western Express Highway, Borivali (East), Mumbai - 400066. Email Id: cs@axelpolymers.com , Website: www.axelpolymers.com , Phone: +91 89800 29622. NOTICE OF THE 34TH ANNUAL GENERAL MEETING (AGM) OF AXEL POLYMERS LIMITED NOTICE OF THE 34th ANNUAL GENERAL MEETING OF AXEL POLYMERS LIMITED NOTICE is hereby given that the 34th Annual General Meeting (AGM) of the Members of the Axel Polymers Limited will be held on Friday, 11th September, 2026 at the deemed venue at the Registered Office of the Company at S No. 309, Vill. - Mokshi, Sankarda-Savli Road, Tal. Savli, Dist. Vadodara -391780 Gujarat at 11:30 a.m. through Video Conferencing (VC)/ Other Audio-Visual Means (OAVM) to transact the following business: Ordinary Business: - 1. To receive, consider and adopt the Audited Financial Statements for the year ended on 31st March, 2026 together with the Reports of the Auditors’ and Board’s thereon. To consider and if thought, to pass following resolution as an ORDINARY RESOLUTION: “RESOLVED THAT the Audited Financial Statement for the Financial year ended 31st March, 2026 together with the Board’s Report and Auditors’ Report thereon as circulated to the shareholders, be and are, hereby received, considered and adopted.” 2. To appoint a Director in place of Mr. Gaurav Thanky (DIN: 02565340), who retires by rotation and being eligible offers himself for reappointment. To consider and if thought, to pass following resolution as an ORDINARY RESOLUTION: “RESOLVED THAT Mr. Gaurav Thanky (DIN: 02565340), who retires by rotation and being eligible, offers himself for re-election, be and is hereby re-appointed as a Director, liable to retire by rotation pursuant to Section 152 of the Companies Act, 2013.” Special Business:- 3. To approve appointment of Mr. Yogesh Keshariya (DIN: 07063024), as a Non-executive Independent Director of the Company: To consider and if thought fit, to pass the following resolution as a SPECIAL RESOLUTION: “RESOLVED THAT pursuant to the Regulation 17(1)(C) of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 (LODR) as applicable read with Section 149, 150, 152, 161(1) and any other provisions applicable, if any, read with Schedule IV of the Companies Act, 2013 (‘the Act’) [including statutory modification(s) and re-enactment(s) thereof] as also any other applicable laws as the case may be and Articles of Association of the Company and on the recommendation of Nomination and Remuneration Committee and Board of Directors, Mr. Yogesh Keshariya (DIN: 07063024), who holds office as an Additional Director up to the date of this Annual General Meeting and who has submitted a declaration that he meets the criteria for independence as provided under Section 149(6) of the Act and Regulation 16(1)(b) of the LODR and in respect of whom the Company has received a requisite notice in writing under Section 160(1) of the Act from a Member, signifying intention to propose his candidature for the office of Director, be and is hereby appointed as a Non- Executive Independent Director, not liable to retire by rotation, for a first term of three consecutive years with effect from 12th June, 2026. RESOLVED FURTHER THAT any Director or the Key Managerial Personnel (KMP) of the Company, be and are, hereby severally authorized to do all the acts and deeds necessary and expedient including to file requisite form(s) with Ministry of Corporate Affairs for the purpose. 4. To approve re-appointment of Mr. Gaurav Thanky (DIN: 02565340) as the Managing Director of the Company. To consider and if thought fit, to pass the following resolution as an ORDINARY RESOLUTION: “RESOLVED THAT pursuant to the provisions of Sections 196, 203 and all other applicable provisions, if any, of the Companies Act, 2013 (“Act”), read with Schedule V thereto and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (‘LODR’), the Articles of Association of the Company and subject to such other approvals, permissions and sanctions as may be required, and pursuant to the recommendation of the Nomination and Remuneration Committee and approval of the Board of Directors, the approval of the Members be and is hereby accorded to the re-appointment of Mr. Gaurav Thanky (DIN: 02565340) as the Managing Director of the Company for a period of Five (5) years commencing from 1st October, 2026 and ending on 30th September, 2031, on such terms and conditions as set out in the Explanatory Statement annexed to this Notice and as may be approved by the Board of Directors from time to time, subject to the provisions of the Act, Schedule V thereto and other applicable laws. RESOLVED FURTHER THAT the Board of Directors of the Company, be and is hereby authorised to alter, vary or revise the terms and conditions of his appointment, other than the remuneration, to the extent permissible under the Act, Schedule V thereto, LODR and other applicable laws. RESOLVED FURTHER THAT any Director or Key Managerial Personnel (KMP) of the Company be and are hereby severally authorised to do all such acts, deeds, matters and things as may be necessary, proper, expedient or incidental for giving ef [Showing first 8,000 characters — download PDF for full document]