we are enclosing herewith - Notice of 42nd Annual General Meeting of Members of the company along with Annual Report for F.Y. 25-26

Head Office & Works 431, Santej-Vadsar Road, Santej - 382 721, Tal.: Kalol, Dist.: Gandhinagar (Gujarat) INDIA Ph.: +91 2764 286131, +91 2764 248339/42 │ M.9909950534 │ Fax.: + 91 2764 248334 Ahmedabad Office 35, Omkar House, Nr. Swastik Cross Roads, C. G. Rd, Ahmedabad – 380 009 (Gujarat) INDIA Ph. : +91 79 26449515 │ Fax.: + 91 79 26425701 E-mail: info@gujaratcraft.com │ Web: www.gujaratcraft.com An ISO-9001 Certified Company [CIN: L25111GJ1984PLC007130] 24th August, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001 Company Code No. 526965 Dear Sir, Sub: Submission of Notice of 42nd Annual General Meeting and Annual Report 2025-26 Pursuant to Regulation 30 and 34(1) (a) of SEBI (LODR) Regulations, 2015, we are enclosing herewith: 1. Notice of 42nd Annual General Meeting of the Shareholders/Members of the Company. 2. Annual Report 2025-26. Kindly acknowledge receipt of the same. Thanking you, Yours faithfully, for GUJARAT CRAFT INDUSTRIES LIMITED PRITI CHOUDHARY COMPANY SECRETARY Encl: As above. 42ND ANNUAL REPORT 2025-26 [CIN : L25111GJ1984PLC007130] 42ND ANNUAL REPORT 2025-26 GUJARAT CRAFT INDUSTRIES LIMITED [CIN: L25111GJ1984PLC007130] 42ND ANNUAL REPORT 2025-26 BOARD OF DIRECTORS : Mr. Rishab Chhajer Chairman & Managing Director Ms. Anal Desai Independent Director Mr. Hitendra Chopra Independent Director Mr. Parth B. Thakkar Independent Director MANAGEMENT TEAM : Ms. Priti Choudhary Company Secretary and Compliance Officer : Ms. Jhanvi Jansari Chief Finance Officer (Till 4th June, 2026) Mr. Mudesharsha Fakir Chief Finance Officer (From 29th July, 2026) STATUTORY AUDITORS : M/s. Kantilal Patel & Co., Chartered Accountants, Ahmedabad SECRETARIAL AUDITOR : M/s. Kashyap R. Mehta and Partners, Practising Company Secretaries Ahmedabad BANKERS : State Bank of India (SBI) The Hongkong and Shanghai Banking Corporation Ltd. (HSBC) REGISTERED OFFICE : Plot No.431, & WORKS Santej-Vadsar Road, Village : Santej, Taluka : Kalol - 382 721, District : Gandhinagar CITY OFFICE : 35, Omkar House, Near Swastik Cross Roads, C. G. Road, Navrangpura, Ahmedabad - 380 009 REGISTRAR AND : MUFG Intime India Private Limited, SHARE TRANSFER AGENTS 506-508, Amarnath Business Centre-1, (ABC-1), Besides Gala Business Centre, Near St. Xavier’s College Corner, Off C. G. Road, Ahmedabad - 380 006 WEBSITE : www.gujaratcraft.com CONTENTS PAGE NO. Notice 3-15 Directors' Report including 16-40 Corporate Governance Report and Secretarial Audit Report Independent Auditors' Report 41-50 Balance Sheet 51 Profit & Loss Account 52 Cash Flow Statement 54-55 Notes on Financial Statement 56-96 Gujarat Craft Industries Ltd. Important Communication to Members The Ministry of Corporate Affairs has taken a ‘Green Initiative in the Corporate Governance’ by allowing paperless compliances by the Companies and has issued circulars stating that service of notice/ documents including Annual Report can be sent by email to its members. To support this green initiative of the Government in full measure, members who have not registered their email addresses, so far, are requested to register their KYC & email addresses with RTA & in respect of electronic holding with the Depository through their concerned Depository Participant. 42ND ANNUAL REPORT 2025-26 NOTICE NOTICE is hereby given that the 42nd ANNUAL GENERAL MEETING of the members/shareholders of GUJARAT CRAFT INDUSTRIES LIMITED will be held on Wednesday, the 23rd September, 2026 at 1:00 p.m. IST through Video Conferencing (“VC”) /Other Audio-Visual Means (“OAVM”) to transact the following business: ORDINARY BUSINESS: 1. To consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2026, the Reports of the Board of Directors and Auditors thereon. 2. To declare final dividend of Re. 0.50 per Equity Share as recommended by the Board of Directors for the financial year ended on 31st March, 2026. 3. To appoint a Director in place of Mr. Rishab Chhajer (DIN – 05184646), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and, being eligible, offers himself for re appointment. SPECIAL BUSINESS: 4. To consider and, if thought fit, to pass with or without modification(s), the following Resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of Section 204 and other applicable provisions, if any, of the Companies Act, 2013 read with Rule 9 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 and Regulation 24A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), other applicable laws/statutory provisions, if any, as amended from time to time (including any statutory modification(s) or amendment(s) thereto or re-enactment(s) thereof for the time being in force), and in accordance with the recommendation of Audit Committee and the Board of Directors of the Company, M/s. Kashyap R. Mehta & Partners, Practising Company Secretaries, (FRN: P2025GJ106000 and Peer Reviewed Certificate No. 6827/2025), Ahmedabad be and are hereby appointed as Secretarial Auditors of the Company for a term of five (5) consecutive years to conduct the Secretarial Audit of five consecutive financial years commencing from financial year 2026-27 to 2030-31, at such fees, plus applicable taxes and other out-of-pocket expenses as may be approved by the Audit Committee and as may be mutually agreed upon between the Board of Directors of the Company and the Secretarial Auditors.” “RESOLVED FURTHER THAT approval of the members/shareholders be and is hereby accorded to the Board of Directors (hereinafter referred to as the ‘Board’ which expression shall include any Committee thereof or person(s) authorized by the Board) to avail or obtain from the Secretarial Auditor, such other services or certificates, reports, or opinions which the Secretarial Auditors may be eligible to provide or issue under the applicable laws, at a remuneration to be determined by the Audit committee/ Board of Directors of the Company.” “RESOLVED FURTHER THAT the Board of Directors of the Company be and is hereby authorised to take all actions and do all such deeds, matters and things, as may be necessary, proper or desirable and to settle any question, difficulty or doubt that may arise in this regard.” Registered Office: By Order of the Board of Plot No. 431, Santej-Vadsar Road, Gujarat Craft Industries Limited, Village:Santej, Taluka:Kalol, Dist:Gandhinagar-382 721. CIN : L25111GJ1984PLC007130 Priti Choudhary Date : 29th July, 2026 Company Secretary and Compliance officer Gujarat Craft Industries Ltd. NOTES: 1. The Explanatory Statement pursuant to Section 102 of the Companies Act, 2013, in respect of Special Businesses in the Notice is annexed hereto. 2. The 42nd Annual General Meeting (AGM) will be held on Wednesday, 23rd September, 2026 at 1:00 p.m. IST through Video Conferencing (VC)/Other Audio Visual Means (OAVM), in compliance with the applicable provisions of the Companies Act, 2013 (“Act”) read with General Circular No. 03/2025 dated 22nd September, 2025 read with the requirements laid down in Para 3 and Para 4 of the General Circular No. 20/2020 dated 5th May, 2020 and earlier circulars issued in this regard extending relaxation by the Ministry of Corporate Affairs (“MCA circulars”). The deemed venue for the 42nd AGM shall be the Registered Office of the Company. Annual Report will not be sent in physical form. 3. Since this AGM is being held through VC / OAVM pursuant to MCA Circulars, physical attendance of the Members/Shareholders has been dispensed with. Accordingly, the facility for appointment of proxies by the Members / Shareholders will not be available for the AGM and hence the Proxy Form, Attendance Slip and Route Map are not annexed to this Notice. Members /Shareholders have to attend and participate in the ensuing AGM though VC/OAVM. However, the [Showing first 8,000 characters — download PDF for full document]