Notice of 35th Annual General Meeting.

Date: August 24, 2026 BSE Limited P. J. Towers, Dalal Street, Fort, Mumbai - 400001 Scrip code: 544025 Sub.: Notice of 35th Annual General Meeting (AGM) to be held on Wednesday, September 16, 2026 Dear Sir/ Madam, Please find attached herewith the Notice of 35th Annual General Meeting along with the annexure, to be held on Wednesday, September 16, 2026 at 03:00 P.M. (IST) through Video Conference (VC) / Other Audio-Visual Means (OAVM). Kindly take the same on record. Thanking you, Yours faithfully, For Arrowhead Seperation Engineering Limited (Formerly known as Arrowhead Seperation Engineering Pvt. Ltd.) Ajit Mundle Chairman & Managing Director DIN: 01745577 35th ANNUAL REPORT 2025-26 NOTICE NOTICE is hereby given that the Thirty Fifth Annual General Meeting of the Members of Arrowhead Seperation Engineering Limited (Formerly known as Arrowhead Sepration Engineering Pvt Ltd.) will be held on Wednesday, September 16, 2026 at 03:00 P.M. through Video Conference (VC) / Other Audio-Visual Means (OAVM) to transact the following business to transact the following business: ORDINARY BUSINESS: 1) To receive, consider and adopt the Audited Financial Statements of the company for the financial year ended March 31, 2026 and the Reports of the Board of Directors and Auditors thereon. 2) To appoint a director in place of Mr. Ajit Mundle, (DIN: 01745577), who retires by rotation and being eligible, offers himself for re-appointment. SPECIAL BUSINESS: 3) APPROVAL OF REMUNERATION OF MR. AJIT MUNDLE (DIN: 01745577 CHAIRMAN & MANAGING DIRECTOR OF ARROWHEAD SEPERATION ENGINEER LIMITED. To Consider and if thought fit, to pass with or without modification(s), the following resolution as a Special Resolution: "RESOLVED THAT pursuant to the provisions of Sections 196, 197, 198, 203 read with Schedule V and other applicable provisions, if any, of the Companies Act, 2013 (the "Act") and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, read with Regulation 17(6)(e) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, including any statutory modifications or re-enactment(s) thereof for the time being in force, applicable provisions of the Memorandum and Articles of Association of the Company, and based on the recommendation of the Nomination & Remuneration Committee and approval of the Board of Directors, the consent of the members of the Company be and is hereby accorded for payment of remuneration to Mr. Ajit Mundle (DIN: 01745577), Managing Director of the Company, who has already attained the age of 76 years up to Rs. 1.5 Crore for the remaining period of his tenure (inclusive of salary, perquisites, benefits, incentives and allowances), on such terms and conditions as may be agreed to between the Board of Directors and Mr. Ajit Mundle, with liberty and authority to the Board of Directors to alter and vary the terms and conditions of the said remuneration from time to time. RESOLVED FURTHER THAT where in any financial year during the tenure of Mr. Ajit Mundle, the Company has no profits or its profits are inadequate, the aforesaid remuneration shall be paid to him as minimum remuneration in accordance with the provisions of Part II of Schedule V of the Act, subject to such approvals as may be required, and as may be determined by the Board of Directors/Nomination & Remuneration Committee after assessing the Company's performance. RESOLVED FURTHER THAT Ajit Shankar Mundle (DIN: 01745577)) be paid a. Basic Salary of upto Rs. 84,00,000 per annum subject to revision every year by an increment not exceeding 10% as may be determined by the Board / Chairman b. Perquisites:- i. Housing :- As applicable 35th ANNUAL REPORT 2025-26 ii. Provident Fund As applicable iii. Superannuation As applicable iv. Gratuity As applicable v. Insurance As applicable vi. Mediclaim:- As per rules applicable to Managing Director grade of the Company. vii. Leave:- Leave will full salary as per the rules of the Company but not exceeding 30 days leave for every completed year of service. Leave accumulated but not availed may be encashed as per the rules of the Company. viii. Car:- As applicable if Company maintained cars with driver will be provided. All the expenses for maintenance and running of the car including salary of the driver to be borne by the Company. All expenses of car for private purposes will be reimbursed to the Company at actuals. ix. Telephone: - Reimbursement of expenses at actuals. x. Reimbursement of expenses, incurred by him on account of business of the company in accordance with the Company's policy xi. Reimbursement of any other expenses properly incurred by him in accordance with the policies of the Company. RESOLVED FURTHER THAT the total remuneration paid shall not exceed Rs. 1.5 Crore (Rupees One Crore Fifty Lakhs Only). RESOLVED FURTHER THAT for the purpose of giving effect to this resolution, any of the directors of the Company be and are hereby jointly and/or severally authorised, to do all acts, deeds, matters, and things as deem necessary, proper and desirable and to sign and execute all necessary documents, application and returns for the purpose of giving effect to the aforesaid resolution along with filing of necessary e-forms with the Registrar of Companies." 4. APPROVAL OF REMUNERATION OF MRS. JYOTI MUNDLE (DIN: 01744211), WHOLE TIME DIRECTOR, ARROWHEAD SEPERATION ENGINEER LIMITED. To Consider And If Thought Fit, To Pass With Or Without Modification(S), The Following Resolution As A Special Resolution: "RESOLVED THAT pursuant to the provisions of Sections 196, 197, 198, 203 read with Schedule V and other applicable provisions, if any, of the Companies Act, 2013 (the "Act") and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, read with Regulation 17(6)(e) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, including any statutory modifications or re-enactment(s) thereof for the time being in force, applicable provisions of the Memorandum and Articles of Association of the Company, and based on the recommendation of the Nomination & Remuneration Committee and approval of the Board of Directors, the consent of the members of the Company be and is hereby accorded for payment of remuneration to Mr. Jyoti Mundle (DIN: 01744211), Whole-time Director of the Company, who has attained the age of 70 years up to Rs. 1.5 Crore for the Financial Year, for the remaining period of her tenure (inclusive of salary, perquisites, benefits, incentives and allowances), on such terms and conditions as may be agreed to between the Board of Directors and Mr. Jyoti Mundle, with liberty and authority to the Board of Directors to alter and vary the terms and conditions of the said remuneration from time to time. RESOLVED FURTHER THAT where in any financial year during the tenure of Mrs. Jyoti Mundle, the Company has no profits or its profits are inadequate, the aforesaid remuneration shall be paid to him as minimum remuneration in accordance with the provisions of Part II of Schedule V of the Act, subject to such approvals as may be required, and as may be determined by the Board of Directors/Nomination & Remuneration Committee after assessing the Company's performance. RESOLVED FURTHER THAT Jyoti Vijay Mundle (DIN: 01744211) be paid. 35th ANNUAL REPORT 2025-26 a. Basic Salary of upto Rs. 84,00,000 per annum subject to revision every year by an increment not exceeding 10% as may be determined by the Board / Chairman b. Perquisites:- i. Housing :- As applicable ii. Provident Fund As applicable iii. Superannuation As applicable iv. Gratuity As applicable v. Insurance As applicable vi. Mediclaim:- As per rules applicable to Managing Director grade of the Company. vii. Leave:- Leave will full salary as per the rules of the Company but not exceeding 30 days leave for every completed year of service. Leave accumulated but not availed may be encashed as per the rules of the [Showing first 8,000 characters — download PDF for full document]