General Updates

Head Office Kamla Center, SCO 88-89, Sector 8-C, Chandigarh – 160009, India Phone: +91 172 2548223 / 24 / 27 Fax: +91 172 254830 Website: www.kddl.com CIN: L33302HP1981PLC008123 If undelivered please return to KDDL Limited, SCO 88-89, Sector 8-C, Madhya Marg, Chandigarh - 160 009 KDDL Limited Annual Report 2025-26 Crafted for Scale. Built for the World. Annual Report 2025-26 ACROSS THE PAGES 2-116 STATUTORY REPORTS 2 Management Discussions and Analysis 27 AGM Notice 42 Board’s Report 65 Business Responsibility and Sustainability Report 100 Report on Corporate Governance 117-303 FINANCIAL STATEMENTS 117 Standalone 206 Consolidated For more investor-related information, please visit: https://www.kddl.com/financial-dashboard-yearly/ OR SIMPLY SCAN INVESTOR INFORMATION Market Cap (1st July, 2025 to 31st December, 2025): BSE: Rs. 3,133.72 Crores NSE: Rs. 3,133.66 Crores CIN: L33302HP1981PLC008123 BSE Code: 532054 NSE Symbol: KDDL Final Dividend: Rs. 8 per Equity Share AGM Date and Time: 15th September, 2026 at 03:00 p.m. AGM Mode: Video Conferencing (VC)/Other Audio-Visual Means (OAVMs) CORPORATE INFORMATION BOARD OF DIRECTORS MANUFACTURING FACILITIES Mr. Yashovardhan Saboo Dials Units Executive Chairman and Managing Director UNIT – I Mrs. Anuradha Saboo Plot No. 3, Sector III, Parwanoo - 173 220, Promoter Director Himachal Pradesh Mr. Anurag Maheshwari UNIT – II Independent Director Haibatpur Road, Saddomajra, Near Mr. Chitranjan Agarwal Gulmohar City, Derabassi - 140 507, Independent Director Punjab Mr. Jai Vardhan Saboo Promoter Director UNIT – III Mrs. Neelima Tripathi Village Dhana, Bagbania, PO Independent Director Manpura, Tehsil: Baddi, District: Mr. Sanjeev Kumar Masown Solan - 173 205, Himachal Pradesh Executive Director and Chief Financial Officer Hands Units Mr. Sanjiv Sachar UNIT – I Independent Director Plot No. 296-297, 5th Main, 4th Phase, Mr. Hanspeter Pieth* Peenya Industrial Area, Non Executive Director Bengaluru - 560 058, Karnataka Mr. Nagarajan Subramanian** UNIT – II Independent Director 408, 1st and 2nd Floor, 11th Cross, *ceased to be Director w.e.f. 22nd June, 2026 **ceased to be Director w.e.f. 27th July, 2026 4th Main, 4th Phase, Peenya Industrial Area, Bengaluru - 560 058, Karnataka Packaging Units COMPANY SECRETARY AND Packaging Units COMPLIANCE OFFICER UNIT – I Plot No. 9, Sector V, Parwanoo - 173 220, Mr. Brahm Prakash Kumar Himachal Pradesh UNIT – II BANKERS Plot No. 219, Industrial Area - 1st Phase, IDBI Bank Limited Panchkula - 134 113, Haryana YES Bank Limited EIGEN Unit HDFC Bank Limited Unit No. 55-A, Hunachur Village, Jala Hobli, Yelahanka Taluk, The Hongkong and Shanghai Banking Corporation Limited Bengaluru North, Near Kiadb Aerospace Park, Shinhan Bank Bengaluru - 562 149, Karnataka Bracelet Division STATUTORY AUDITORS Plot No. 29-A7, Dobbaspet Industrial Area, Phase-4, Honnenahalli Village, Sompura Hobli, Nelamangala Taluk, Bengaluru - 562 111, M/s. Walker Chandiok & Co. LLP Karnataka Chartered Accountants STATUTORY & CONTACT DETAILS REGISTERED & CORPORATE OFFICE CIN: L33302HP1981PLC008123 Registered Office Contact Details Plot No. 3, Sector III, Parwanoo - 173 220, Himachal Pradesh Telephone: +91 172 2548223/24/Fax: +91 172 2548302 Corporate Office Email: investor.complaints@kddl.com/Website: www.kddl.com Kamla Centre, S.C.O. 88-89, Sector 8-C, Madhya Marg, Chandigarh - 160 009 MANAGEMENT DISCUSSION AND ANALYSIS GLOBAL ECONOMY The global economy demonstrated resilient yet uneven performance in 2025, navigating a complex landscape of trade policy shifts and digital transformation. According to the IMF’s World Economic Outlook (April 2026), global growth reached 3.4% in 2025, outperforming earlier conservative estimates. However, the outlook for 2026 has been moderated to 3.1% as the global economy faces renewed headwinds from geopolitical volatility in the Middle East, which has introduced fresh supply- chain pressures and volatility in energy markets. Global headline inflation, which had moderated to 4.1% in 2025, is now projected to tick upward to 4.4% in 2026 before resuming its descent in 2027. The World Trade Organisation (WTO), in its March 2026 report, noted that after a robust 4.6% growth in merchandise trade in 2025, volumes are expected to slow to 1.9% in 2026 due to heightened trade policy uncertainty and the cooling of front-loaded inventory cycles seen in the previous year. Source: World Economic Outlook, April 2026: Global Economy in the Shadow of War, WTO | 2026 News items - Middle East conflict weighs further on slowing trade outlook ECONOMIC GROUP/REGION Emerging Markets and Global Economy Advanced Economies Developing Economies 3.4 4.4 3.1 1.8 1.7 3.9 2025 2026 2027 2025 2026 2027 2025 2026 2027 (Actual) (Estimated) (Projected) (Actual) (Estimated) (Projected) (Actual) (Estimated) (Projected) 2 Management Discussion and Analysis 2-116 Statutory 117-303 Financial Reports Statements USA China Euro Area 2.1 2.1 4.4 2025 2026 2027 2025 2026 2027 2025 2026 2027 (Actual) (Estimated) (Projected) (Actual) (Estimated) (Projected) (Actual) (Estimated) (Projected) KDDL Limited | Annual Report 2025-26 3 The U.S. economy grew by 2.1% in 2025, supported by robust technology-led investment and steady consumption. Growth for 2026 is projected to rise slightly to 2.3%, as broad-based productivity gains from digital adoption help offset the impact of elevated interest rates. Inflation moderated to 2.7% at the end of 2025, with a target return to 2% expected by mid-2027. (Source: https://capital.com/en-int/analysis/us-inflation-rate) EURO AREA Disclaimer: This map is a generalized illustration only for the ease of the reader to understand the locations, and it is not intended to be used for reference purposes. The representation of political boundaries and the names of geographical features/states do not necessarily reflect the actual position. The Company or any of its Directors or employees, cannot be held responsible for any misuse or misinterpretation of any information or design thereof. The Company does not warrant or represent any kind of connection with its accuracy or completeness. 4 Management Discussion and Analysis 2-116 Statutory 117-303 Financial Reports Statements EURO AREA The Euro Area recorded a resilient growth of 1.4% in 2025, benefiting from a recovery in real wages and a stabilisation of energy costs mid-year. However, the 2026 growth outlook was revised downward to 1.1%, reflecting the regional impact of the early-2026 energy price shocks and industrial stagnation in major economies like Germany. (Source: World Economic Outlook, April 2026: Global Economy in the Shadow of War) CHINA China successfully met its growth target in 2025, expanding by 5.0%. This resilience was supported by targeted fiscal stimulus and a strong export performance in high-tech sectors. For 2026, growth is projected to moderate to 4.4% as the economy continues its structural transition towards high-quality development amidst a persistent property sector downturn and evolving trade barriers. OUTLOOK The global economic environment for 2026 is characterised by a ‘calibrated recovery’. While structural drivers like AI-driven productivity and supply-chain diversification remain central to long-term growth, the short-term landscape is dominated by the need for geopolitical risk management. For businesses in the luxury and precision engineering sectors, success in 2026 will hinge on operational agility and the ability to navigate shifting trade corridors and currency volatility. CHINA KDDL Limited | Annual Report 2025-26 5 INDIAN ECONOMY India solidified its position as the world’s fastest-growing major At the same time, the global economic landscape became economy during 2025–26, with real GDP estimated to grow by increasingly complex. Escalating geopolitical conflicts, evolving 7.6%, significantly outpacing most major economies despite tariff regimes, supply chain realignments and changing trade heightened geopol [Showing first 8,000 characters — download PDF for full document]