Shareholders meeting

G@) | Vardhman VARDHMAN ACRYLICS LIMITED : = | Delivering Excellence. Since 1965. CHANDIGARH ROAD Vardhman LUDHIANA- 141010, PUNJAB T: +91-161-2228943-48 F: +91-0161-2601048, 2220766 E: secretarial.lud@vardhman.com 1: 2026-27, Dated: 25-Aug-2026 National Stock Exchange of India Limited, “Exchange Plaza, Bandra-Kurla Complex, Bandra (East), MUMBAI-400 051 Scrip Code: VARDHACRLC SUBJE CT: ANNUAL REPO RT (F.Y. 20 25-26) OF THE COMPA NY, NOTICE C ONVENING 3674 ANNUAL GENERAL MEETI NG & E- VOTING INF ORMATION Dear Sir, Pursuant to applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the 36 Annual General Meeting (‘AGM’) of the Members of the Company will be held on Thursday, 17'" September, 2026 at 12:30 p.m. through Video Conferencing (“VC”)/Other Audio Visual Means (‘OAVM”), in compliance with the relevant circulars issued by the Ministry of Corporate Affairs (‘MCA’) and Securities and Exchange Board of India (‘SEBI’). Further, the Company has fixed Thursday, 10° September, 2026 as the cut-off date to ascertain the eligibility of Members entitled to cast their vote electronically on all the resolutions to be passed at the AGM. The Company has engaged the services of Central Depository Services (India) Limited (CDSL) to provide the e-Voting facility. The remote e- Voting schedule is as under: Commencement of remote e-Voting 14" September, 2026 (09:00 a.m. onwards) End of remote e-Voting 16" September, 2026 (upto 05:00 p.m.) Pursuant to Regulation 34(1) of the SEB! (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Annual Report (F.Y. 2025-26) alongwith the Notice convening the 36° AGM of the Company. The said documents are also available on the website of the Company at www.vardhman.com. YARNS — | FABRICS | THREADS | GARMENTS | FIBRES | STEELS CIN: L51491PB1990PLCO19212 WWW.VARDHMAN.COM G@) | Vardhman VARDHMAN ACRYLICS LIMITED Delivering Excellence. Since 1965. CHANDIGARH ROAD Vardhman | LUDHIANA-141010, PUNJAB T: +91-161-2228943-48 F: +91-0161-2601048, 2220766 E: secretarial.lud@vardhman.com Kindly take the same on record. Thanking you, Yours faithfully, For Vardhman Acrylics Limited Satin Katyal (Company Secretary) YARNS | FABRICS | THREADS | GARMENTS | FIBRES | STEELS CIN: L51491PB1990PLCO19212 WWW.VARDHMAN.COM VARDHMAN ACRYLICS LIMITED ANNUAL REPORT 2025-26 CORPORATE INFORMATION Vardhman Acrylics Limited Board of Directors Mr. Sandeep Kapur Registered & Corporate Office Mr. Shri Paul Oswal Independent Director Vardhman Premises, Chandigarh Road, Chairman Ludhiana-141 010 Chief Financial Officer Phones: (0161) 2228943-48 Mr. Bal Krishan Choudhary Mr. Raish Shaikh E-mail: secretarial.lud@vardhman.com Vice-Chairman Website: www.vardhman.com Company Secretary CIN: L51491PB1990PLC019212 Mr. Sachit Jain Mr. Satin Katyal Director Business Office Auditors 1st Floor, Palm Court, Mrs. Suchita Jain M/s. SCV & Co., LLP Opposite Management Development Director Chartered Accountants Institute, MG Road, Sector 16, Mr. Vivek Gupta Bankers Gurugram-122 001 Whole Time Director ICICI Bank Limited HDFC Bank Limited Works Mr. Anil Kumar 755, GIDC, Jhagadia Mega Estate, Independent Director Registrar and Transfer Agent Jhagadia-393 110 M/s. MCS Share Transfer Agent Mr. Bhooshan Lal Uppal Distt. Bharuch (Gujarat) Limited, Mumbai Independent Director Ms. Parakh Oswal Independent Director Mr. Sanjeev Jain Independent Director CONTENTS 01 Notice 11 Directors’ Report 29 Corporate Governance Report 42 Independent Auditors’ Report 54 Balance Sheet 55 Statement of Profit and Loss 56 Cash Flow Statement 58 Statement of Changes in Equity 59 Notes to Financial Statements Statutory Financial Reports Statements NOTICE NOTICE is hereby given that the THIRTY SIXTH ANNUAL of the Members of the Company be and is hereby accorded GENERAL MEETING of Vardhman Acrylics Limited will be held for payment of remuneration to Mr. Bal Krishan Choudhary, on Thursday, the 17th day of September, 2026 at 12:30 p.m. Non-Executive Director designated as the Vice-Chairman of the through Video Conferencing (“VC”)/ Other Audio Visual Means Company, by way of commission for the Financial Year 2026-27 (“OAVM”), to transact the following business:- @ 2% of net profit of the Company as computed in the manner laid down in Section 197 and 198 of the Act and other applicable ORDINARY BUSINESS: statutory enactments, in excess of the limit of 50% of the total Item No. 1 – To adopt Financial Statements: annual remuneration payable to all Non- Executive Directors". To receive, consider and adopt the Audited Financial Statements Item No. 6 – To approve continuation of directorship of of the Company for the financial year ended 31st March, 2026 Mr. Bal Krishan Choudhary as a Non-Executive Director of together with Report of Board of Directors and Auditors thereon. the Company: Item No. 2 – To declare Dividend: To consider and if thought fit, to pass, with or without To declare a dividend of H1.50/- per equity share for the year modification(s), the following resolution as a Special ended 31st March, 2026. Resolution: Item No. 3 – To re-appoint Mr. Sachit Jain as a director liable “RESOLVED THAT pursuant to the provisions of Regulation to retire by rotation: 17(1A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, approval of the Members of To appoint a Director in place of Mr. Sachit Jain (DIN: 00746409), the Company be and is hereby given for continuation of the who retires by rotation in terms of Section 152(6) of the directorship of Mr. Bal Krishan Choudhary (DIN: 00307110), Companies Act, 2013 and being eligible, offers himself for non-executive director of the Company." re-appointment. Item No. 7 – To ratify remuneration payable to Cost Auditors Item No. 4 – To re-appoint Mr. Bal Krishan Choudhary as a for the Financial Year ending 31st March, 2027: director liable to retire by rotation: To appoint a Director in place of Mr. Bal Krishan Choudhary To consider and if thought fit, to pass, with or without (DIN: 00307110), who retires by rotation in terms of Section 152 modification(s), the following resolution as an Ordinary (6) of the Companies Act, 2013 and being eligible, offers himself Resolution: for re-appointment. “RESOLVED THAT pursuant to the provisions of Section 148 SPECIAL BUSINESS: and all other applicable provisions of the Companies Act, 2013 Item No. 5 – To approve annual remuneration payable to a and the Companies (Audit and Auditors) Rules, 2014, and the single non-executive director in excess of the limit of 50% of Companies (Cost Records and Audit) Rules, 2014 (including any the total annual remuneration payable to all non-executive statutory modification(s) or re-enactment(s) thereof, for the directors: time being in force), Mr. R.A. Mehta, Cost Auditor, appointed by the Board of Directors of the Company, to conduct the audit To consider and if thought fit, to pass, with or without of cost records of the Company for the Financial Year ending modification(s), the following resolution as a Special 31st March, 2027, be paid the remuneration of H50,000 plus Resolution: applicable taxes." “RESOLVED THAT pursuant to the provisions of Section 197 BY ORDER OF THE BOARD and other applicable provisions of the Companies Act, 2013 (“the Act”) and Rules thereunder and Regulation 17(6)(ca) of Sd/- the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (including any statutory modification(s) or Place: Ludhiana (Satin Katyal) re-enactment(s) thereof for the time being in force), approval Date: 28th July, 2026 Company Secretary Annual Report 2025-26 Vardhman Acrylics Ltd. NOTES: 5. The Statement pursuant to Section 102 of the Companies 1. The 36th Annual General Meeting (AGM) is being convened Act, 2013, which sets out details relating to Special through Video Conferencing (‘VC’) / Other Audio Visual Business at the meeting, is annexed he [Showing first 8,000 characters — download PDF for full document]