Submission of Notice of 17th Annual General meeting along with Annual Report 2025-26.

25th August, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai 400 001 Securities Code No. 544575 Dear Sir/Madam, Sub: Annual Report for FY 2025‐26 along with Notice of the 17th Annual General Meeting This is to inform that the 17th Annual General Meeting ("AGM") of the members of the Company will be held on Friday, the 18th September, 2026 at 1:00 p.m. (IST) through Video Conferencing ("VC") / Other Audio-Visual Means ("OAVM") facility, in accordance with the relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. Pursuant to Regulation 30 and 34(1) of the SEBI (LODR) Regulations, 2015, please find enclosed herewith Annual Report of the Company for the Financial Year 2025-26 including the Notice convening 17th Annual General Meeting which is being sent to the members through electronic mode. The Annual Report including Notice is also uploaded on the Company's website www.mittalsectionslimited.com. We hope you will take the same on records. Thanking You, Yours faithfully, FOR MITTAL SECTIONS LIMITED AJAYKUMAR B. MITTAL CHAIRMAN CUM MANAGING DIRECTOR DIN: 01760444 Encl: as above ANNUAL REPORT 2 0 2 5 - 2 6 2026 6,00,000+ Metric Tonnes Manufactured Projects 1,400+ Clients MITTAL SECTIONS LIMITED [CIN: L27109GJ2009PLC056527] 17TH ANNUAL REPORT 2025-26 BOARD OF Mr. Ajaykumar B. Mittal - Chairman and Managing Director DIRECTORS: Mr. Atul B. Mittal - Whole-Time Director and Chief Financial Officer (CFO) Mrs. Sushiladevi B. Mittal - Non-Executive Non-Independent Director Ms. Dhruvi Shyam Kapadia - Independent Director Ms. Aishwarya Singhvi - Independent Director Ms. Gunjan Rameena - Company Secretary & KEY MANAGERIAL PERSONNEL: Compliance Officer STATUTORY AUDITOR: M/s. Milind Nyati & Co., Chartered Accountants, Indore. SECRETARIAL AUDITOR: M/s. V. N. Vasani & Assoc-iates, Practising Company Secretaries, Ahmedabad. INTERNAL AUDITOR AND M/s. Nirav D. Shah & Co. M/s. Devang Patel & Associates, COST AUDITOR: Chartered Accountants, Cost Accountants, Internal Auditors Cost Auditor Ahmedabad Ahmedabad BANKERS: HDFC Bank Limited Bajaj Finance Limited Axis Bank Limited REGISTERED 01, Sona Roopa Apartment, Opp. Lal Bunglow, OFFICE& UNITS: C.G. Road, Navrangpura, Ahmedabad – 380009. Tel. No.: 079-26465484 Website: www.mittalsectionslimited.com UNIT – I UNIT – II FACTORY ADDRESS: 14, Changodar Ind. Estate, 23, Changodar Ind. Estate, B/H Trivedi Marbles, Sarkhej- B/H Trivedi Marbles, Sarkhej- Bavla Highway, Changodar, Bavla Highway, Changodar, Ahmedabad – 382210. Ahmedabad – 382210. Unit – Chiyada Plot No. 8 to 16, Shreenathji Estate, Survey Number 322/324, Nr. Sankalp Industrial Park, Behind Kerala GIDC, Bavla Sub Post Office, Moje Village Chiyada, Taluka Bavla, Ahmedabad – 382220. REGISTRAR & SHARE Bigshare Services Private Limited, TRANSFER AGENTS: Registered office: Office No. S6-2, Corporate Office: Office No. 6th Floor Pinnacle Business Park, 303, Sun Square Complex, Next to Ahura Centre, Mahakali Near Chakradhari Society Bus Caves Road, Andheri (East) Stop, Girish Cold Drinks Cross Mumbai-400093, Maharashtra, India. Road, C.G. Road, Navrangpura, Ahmedabad-380009, Gujarat, India. What's Inside Sr. No. Particulars Page Nos. 1. Notice of 17th Annual General Meeting 01 2. Directors’ Report 16 3. Management Discussion and Analysis Report 30 4. Secretatial Auditors’ Report 34 5. Independent Auditors’ Report 38 6. Balance Sheet 49 7. Statement of Profit and Loss 50 8. Cash Flow Statement 51 9. Notes Forming Part of Accounts 57 NOTICE NOTICE is hereby given that the 17TH ANNUAL GENERAL MEETING of the members of MITTAL SECTIONS LIMITED will be held on Friday, the 18th 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 Annual Audited Financial Statements of the Company for the financial year ended on 31st March, 2026, the Reports of the Board of Directors and Auditors of the Company thereon. 2. To appoint a Director in place of Mrs. Sushiladevi Balwantrai Mittal (DIN – 02283607), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and, being eligible, offers herself for re appointment. SPECIAL BUSINESS: 3. To consider and, if thought fit, to pass with or without modification(s), the following Resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to provisions of the section 148(3) and other applicable provisions, if any, of the Companies Act, 2013 and the Companies (Audit and Auditors) Rules, 2014 including any statutory modification(s) or re- enactment(s) thereof, for the time being in force and any other applicable law, and pursuant to the recommendation of the audit committee and the board of directors, the consent of the members be and is hereby accorded to ratify and confirm the remuneration decided by the Board of Directors of the Company of Rs. 30,000/- per annum, (Rupees Thirty Thousand Only) plus applicable taxes & re-imbursement of out-of-Pocket expenses payable to M/s. Devang Patel & Associates, Cost Accountants (Firm Registration Number: 101976) Ahmedabad, appointed by the Board of Directors of the Company to conduct the Audit of the Cost Records of the Company for the Financial Year ending on 31st March, 2027.” 4. 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, Schedule V and other applicable provisions, if any, of the Companies Act, 2013 read with the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 (including any statutory modification(s) or re-enactment thereof for the time being in force), and based on the recommendation of the Nomination and Remuneration Committee (“NRC”) and approval of Audit Committee and the Board of Directors, consent of the members be and is hereby accorded for the revision in the remuneration payable to Mr. Ajaykumar Balwantrai Mittal (DIN: 01760444), Managing Director of the Company with effect from 1st June, 2026 till his remaining tenure as under: Salary: Salary plus allowances with different breakup payable on monthly/yearly basis within the overall limit not exceeding Rs. 1,44,00,000 /- (Rupees One Crore Forty Four Lakhs Only) per annum. Except for the above revision in remuneration, all other terms and conditions of his appointment, including perquisites, benefits and allowances as approved earlier, shall remain unchanged and continue to be in full force and effect.” “RESOLVED FURTHER THAT notwithstanding anything contained herein, where in any financial year the Company has no profits or its profits are inadequate, the Company shall pay remuneration to the Managing Director in accordance with the provisions of Schedule V and other applicable provisions of the Companies Act, 2013, as amended from time to time.” RESOLVED FURTHER THAT the Board of Directors (including the Nomination and Remuneration Committee thereof) be and are hereby authorized, within the overall limit approved by the Members, to modify the overall managerial remuneration as they may deem fit and proper from time to time. RESOLVED FURTHER THAT the Board of Directors of the Company be and are hereby severally or jointly authorized to settle any question, difficulty or doubt, that may arise in giving effect to this resolution and to do all such acts, deeds and things as may be necessary, expedient and desirable for the purpose of giving effect to this resolution.” 5. 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, Schedule V and other applicable provisions, if any, of the Companies Act, 2013 read with the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 (including any statutory modif [Showing first 8,000 characters — download PDF for full document]