Shareholders meeting

Corporate Office & Communication Address: 40I Aza House, 24, Turner Road, Bandra (W), Mumbai 400 050. Website: www.panamapetro.com Phone : 9I-22-42I77777 I Fax : 9I-22-42I77788 I E-mail : ho@panamapetro.com CIN No. L23209GJI982PLC005062 August 24, 2026 BSE Limited National Stock Exchange of India Limited Pjiroze Jeejeebhoy Towers, Exchange Plaza,5th Floor, Plot No. C/1 Dalal Street, Fort,Mumbai 400001 G Block, BKC, Mumbai-400051 Scrip Code: 524820 Scrip Symbol: PANAMAPET Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to the requirements of Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith the proceedings of Annual General Meeting along with the Scrutinizer’s Report. The 44th Annual General Meeting (‘AGM’ or ‘Meeting’) of the Members of Panama Petrochem Limited (‘the Company’) was held on Monday, August 24, 2026 at 11:30 A.M. (IST) through Video Conferencing or Other Audio-Visual Means. The Company, while conducting the Meeting, adhered to the circulars issued by the Ministry of Corporate Affairs (‘MCA’) and the Securities and Exchange Board of India (‘SEBI’). Mr. Arif Rayani, Chairman of the Board, chaired the Meeting and welcomed the Members and introduced the Directors, Chief Financial Officer, Company Secretary, Statutory Auditor, and Secretarial Auditor present through video conferencing (‘VC’). The Chairman ascertained that the requisite quorum was present and called the Meeting to order. Since, there was no physical attendance of Members and in compliance with the Circulars issued by MCA and SEBI, the requirement of appointing proxies was not applicable, except for the authorized representatives of corporate shareholders. The Chairman addressed the Members and thereafter informed that the Statutory Auditors Report on the financial statements and the Secretarial Auditors Report for the financial year 2025-26 were unqualified and with the permission of the Members present, the notice convening the meeting, the Statutory Auditors Report and the Secretarial Audit Report were taken as read. It was stated that no motion would be moved with respect to the resolutions set out in the Notice convening the 44th AGM, since all the resolutions were already put to vote during the remote e- voting period. Corporate Office & Communication Address: 40I Aza House, 24, Turner Road, Bandra (W), Mumbai 400 050. Website: www.panamapetro.com Phone : 9I-22-42I77777 I Fax : 9I-22-42I77788 I E-mail : ho@panamapetro.com CIN No. L23209GJI982PLC005062 Agenda wise: Resolution Item Details of the Agenda required Remarks/Result (ordinary/special) To receive, consider and adopt the Audited Financial Statements (including Audited Consolidated Financial Statements) for the The resolution was financial year ended March 31, 2026 Ordinary passed with together with the Reports of the Board of requisite majority Directors & Auditors thereon. The resolution was 2. To declare Dividend on Equity Shares for Ordinary passed with the financial year ended March 31, 2026. requisite majority To appoint a Director in place of Mr. Arif Rayani (DIN: 00245647), who retires by The resolution was rotation at this Annual General Meeting and Ordinary passed with being eligible, offers himself for re- requisite majority appointment. The resolution was Ratification of remuneration payable to Cost 4. Ordinary passed with Auditors for FY 2026-27 requisite majority Shareholders were provided the facility to ask questions or express their views. Clarifications were provided to the queries raised by the members. The Chairman authorized the Company Secretary to declare the voting results, intimate the stock exchanges and place the same on the website of the Company. The Chairman thanked the shareholders for attending and participating in the Meeting. The meeting concluded at 12:25 P.M. You are requested to take the above on record. For Panama Petrochem Ltd. Gayatri Sharma Company Secretary & Compliance Officer