Please find attached herewith Annual Report of the Company Financial year ended 31st March, 2026.

26th August, 2026 General Manager The BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort Mumbai Maharashtra 400001 Subject: 85th Annual Report for Financial Year 2025-2026 Company Code: 540728 ISIN: INE327G01032 Dear Sir, Pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith the Annual Report of the Company for the financial year 2025-26 along with the Notice convening the Annual General Meeting scheduled to be held on Monday, September 21, 2026 at 3:30 p.m. (IST) through Video Conference {"VC"}/ Other Audio- Visual Means {"OAVM"). The same shall also be also uploaded on the Company's website at www.sayajigroup.in. You are requested to kindly take the same on your records. Thanking You, For, Sayaji Industries Limited Vishnu H Thaker Company Secretary & Compliance Officer (M. No. ACS-60441) Encl.: As above (This is digitally signed document hence stamp is not required.) Sayaji Industries Limited Maize Products, Chinubhai Nagar, P.O. Kathwada, Ahmedabad – 382430, Gujarat, India T: +91-79-22900881-85, 22901581-85 CIN No: L99999GJ1941PLC000471 E: maize@sayajigroup.in, W: www.sayajigroup.in Calendar of dates for 85th AGM of the company: Sr. Event Day Date 1 Annual General Meeting Monday 21/09/2026 at 3:30 P.M. 2 Board Meeting where the Notice and Friday 07/08/2026 Board Reports were approved 3 Date considered for sending notice of Wednesday 26/08/2026 4 Benpose Cut-off date for sending notice Friday 21/08/2026 to shareholders 5 Date of submission of questions/ queries 9 a.m. Friday 18/09/2026 to the company From To 5 p.m. Sunday 20/09/2026 6 Posting queries on line From 9 a.m. Friday 18/09/2026 To 5 p.m. Sunday 20/09/2026 7 Speaker Registration online from 9 a.m. Friday 18/09/2026 To 5 p.m. Sunday 20/09/2026 8 Commencement of remote e-voting 9 a.m. Friday 18/09/2026 9 End of remote e-voting 5 p.m. Sunday 20/09/2026 10 Cut-off date for considering Voting in Friday 11/09/2026 The same shall also be also uploaded on the Company's website at www.sayajigroup.in Thanking You, For, Sayaji Industries Limited Vishnu H Thaker Company Secretary & Compliance Officer (M. No. ACS-60441) Encl.: As above (This is digitally signed document hence stamp is not required.) Sayaji Industries Limited Maize Products, Chinubhai Nagar, P.O. Kathwada, Ahmedabad – 382430, Gujarat, India T: +91-79-22900881-85, 22901581-85 CIN No: L99999GJ1941PLC000471 E: maize@sayajigroup.in, W: www.sayajigroup.in SAYAJI INDUSTRIES LIMITED Annual Report 2025-26 CONTENTS 01-65 STATUTORY REPORT NOTICE OF ANNUAL GENERAL MEETING 02 DIRECTORS’ REPORT 19 CORPORATE GOVERNANCE REPORT 35 CERTIFICATES 51 0 MANAGEMENT DISCUSSION & ANALYSIS 52 5 FORM AOC-1 65 66-125 126-189 STANDALONE CONSOLIDATED FINANCIAL STATEMENTS FINANCIAL STATEMENTS INDEPENDENT AUDITORS’ REPORT 66 INDEPENDENT AUDITORS’ REPORT 126 6 BALANCE SHEET 77 BALANCE SHEET 135 2 STATEMENTS OF PROFIT & LOSS 78 STATEMENTS OF PROFIT & LOSS 136 CASH FLOW STATEMENT 79 CASH FLOW STATEMENT 137 NOTES FORMING PART OF NOTES FORMING PART OF FINANCIAL STATEMTNS 82 FINANCIAL STATEMTNS 140 85th Annual General Meeting will be held on Monday, 21st September, 2026 at 3.30 p.m. through video conferencing to be 2 conducted from the Registered Office of the company at Maize Products, P.O. Kathwada, Chinubhai Nagar, Ahmedabad - 382430. 26-08-2026 CORPORATE INFORMATION COMPANY INFORMATION COMPANY SECRETARY CIN - L99999GJ1941PLC000471 Mr. Vishnu Thaker A.C.S., LL.B., B. Com. CHAIRMAN AND MANAGING DIRECTOR Mr. Priyam B. Mehta AUDITORS M/s. Shah & Shah Associates, EXECUTIVE DIRECTORS Chartered Accountants, Ahmedabad. Mr. Varun P. Mehta Mr. Vishal P. Mehta LEGAL ADVISORS Mr. Amit N. Shah M/s. Nanavati & Nanavati, NON EXECUTIVE DIRECTOR Advocates, Ahmedabad. Mrs. Sujata P. Mehta BANKERS NON EXECUTIVE INDEPENDENT DIRECTORS Kotak Mahindra Bank Mr. Jaysheel Hazarat Mr. Birad Yajnik CHIEF FINANCIAL OFFICER Mr. Chiranjiv Patel Mr. Nilesh A. Pandya ( Resigned w.e.f 7th August, 2026) Mr. Bharat Pranjivandas Mandalia B.Com, C.A. Mr. Mrunal Upendra Gandhi Mr. Nirav C Mistry (Appointed w.e.f. 8th August, 2026) B.com, PGDCA, PGDBA, PGDIB BOARD COMMITTEES REGISTERED OFFICE AUDIT COMMITTEE Maize Products, P.O. Kathwada, Mr. Jaysheel Hazarat - Chairman Chinubhai Nagar, Ahmedabad - 382 430. Mr. Priyam B. Mehta Mr. Birad Yajnik Tel. +91 79-22901581 to 85 E-mail maize@sayajigroup.in NOMINATION AND REMUNERATION COMMITTEE Web site : www.sayajigroup.in Mr. Birad Yajnik - Chairman Mr. Jaysheel Hazarat REGISTRAR AND TRANSFER AGENTS Mr. Bharat Pranjivandas Mandalia KFin Technologies Limited Karvy Selenium Tower B, Plot 31-32, Financial District, STAKEHOLDERS RELATIONSHIP COMMITTEE Nanakramguda, Hyderabad - 500032. Mrs. Sujata P. Mehta - Chairman Toll free No.: 18003094001 Mr. Varun P. Mehta E-mail : einward.ris@kfintech.com Mr. Vishal P. Mehta Mr. Bharat Pranjivandas Mandalia FACTORY Maize Products, P.O. Kathwada, CORPORATE SOCIAL RESPONSIBILITY COMMITTEE Chinubhai Nagar, Ahmedabad - 382430, Gujarat. Mr. Varun P. Mehta - Chairman Mrs. Sujata P. Mehta Mr. Chiranjiv Patel 85th Annual General Meeting will be held on Monday, 21st September, 2026 at 3.30 p.m. through video conferencing to be conducted from the Registered Office of the company at Maize Products, P.O. Kathwada, Chinubhai Nagar, Ahmedabad - 382430. 26-08-2026 SAYAJI INDUSTRIES LIMITED Annual Report 2025-26 NOTICE Notice is hereby given that the 85th annual general "RESOLVED THAT pursuant to the provisions of meeting of Sayaji Industries Limited will be held on sections 197 and other applicable provisions, if Monday, 21st September, 2026 at 3.30 p.m. through any, of the Companies Act, 2013 and the rules video conferencing. The company will conduct the made there under (including any statutory meeting from its Registered Office at Maize modification(s) or re-enactment thereof for time Products, P.O. Kathwada, Chinubhai Nagar, being in force) read with Schedule V to the said Ahmedabad - 382430 which shall be deemed to be act as amended from time to time and as the venue of the meeting to transact the following recommended by the nomination and business : remuneration committee and the board of directors, the consent of the members of the ORDINARY BUSINESS : company be and is hereby accorded to payment 1. To receive, consider and adopt the audited of salary upto ` 20,00,000/- per month and other balance sheet as at 31st March, 2026 and the 1 perquisites/ allowances/ other payments as -6 statement of profit and loss and cash flow 5 mentioned in the draft supplemental statement (including the consolidated financial agreement to be executed with Mr. Varun P. statements) for the year ended on that date Mehta as the Executive Director for the together with the notes attached thereto, along remaining tenure of his appointment from 1st with the report of directors and auditors April, 2027 to 31st March, 2029." thereon. "FURTHER RESOLVED THAT The terms and 2. To appoint a director in place of Mr. Varun P. conditions of the remuneration of the Executive Mehta (holding DIN 00900734), who retires by Director, may be varied, altered, increased, rotation and being eligible offers himself for enhanced or widened from time to time by the reappointment. nomination and remuneration committee and SPECIAL BUSINESS: the Board as it may in its discretion deem fit within above limits and subject to limits laid 3. To consider, and if thought fit, to pass with or down in Section 197, 203 and all other applicable 6 6 without modification(s), the following resolution -1 provisions of the Companies Act, 2013 and 2 as an ordinary resolution : 5 schedule V to the said Act (including any "RESOLVED THAT pursuant to provisions of statutory modifications or re-enactment thereof Section 148 and other applicable provisions, if for the time being in force) and as acceptable to any, of the Companies Act, 2013 and the Mr. Varun P. Mehta, Executive director of the Companies (Audit and Auditors) Rule [Showing first 8,000 characters — download PDF for full document]