Shareholders meeting

26th August 2026 The Manager, The Manager, BSE Limited, Listing Department, Floor 25, Pheroze Jeejeebhoy Towers, National Stock Exchange of India Limited, Dalal Street, Exchange Plaza, Bandra-Kurla Complex, Mumbai - 400 001. Bandra (E), Mumbai – 400 051. Ph. No. 022- 22721233 / 22721234 Ph. No. 022- 26598100 / 26598101 Fax No. 022-22723121 / 22721072 Fax No. 022-26598237 / 26598238 Codes: BSE: Scrip code 500215, Co. code 1311 NSE: Symbol SUNDROP, Series EQ-Rolling Settlement Dear Sir/Madam, Subject: Proceedings of the 39th Annual General Meeting (“AGM”) held on 26th August 2026 Pursuant to Regulation 30 and Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with amendments therein as notified from time to time (“the Listing Regulations”), we herewith submit the proceedings of the captioned 39th AGM of Sundrop Brands Limited (formerly known as Agro Tech Foods Limited) (“the Company”) held today i.e. Wednesday, the 26th August, 2026 at 11.00 a.m. (IST) through Video Conference (VC) / Other Audio- Visual Means (OAVM). Proceedings: The 39th AGM was held today, commenced at the scheduled time at 11.00 a.m. (IST) and concluded at 01.25 p.m. (IST) in compliance with Ministry of Corporate Affairs circulars and the Listing Regulations. The deemed venue for the 39th AGM was the registered office of the Company. At the outset, Ms. Kavita, Company Secretary, welcomed all the shareholders to the 39th AGM of the Company. Prior to commencement of the formal proceedings of the meeting, she requested Mr. Harsha Raghavan, Director to introduce the Chairperson of the Company i.e. Mr. Madhavan Karunakaran Menon. She then briefed about the procedural and technical aspects of the 39th AGM with respect to participation at the AGM through VC/ OVAM and the manner of asking questions by speaker shareholders. Mr. Menon, Chairperson of the Company, chaired the meeting. The requisite quorum being present was confirmed by the Company Secretary. Thereafter, the Chairperson after ascertaining the quorum called the meeting to order. The Chairperson communicated that he attended the meeting from Bali, Indonesia; introduced the Board Members and the members of the Management of the Company who participated at the 39th AGM virtually as follows: - Mr. Rajesh Jain, Non-Executive Independent Director and Chairperson of the Audit Committee from Gurugram; - Ms. Richa Arora, Non-Executive Independent Director and Chairperson of the Nomination and Remuneration Committee & the Risk Management Committee from Mumbai; - Mr. Satish Rao, Non-Executive Independent Director and Chairperson of the Stakeholders Relationship Committee from Mumbai; - Mr. Ramit Bharti Mittal, Non-Executive Non-Independent Director from New Delhi; - Mr. Harsha Raghavan, Non-Executive Non-Independent Director from Goa; - Mr. Manish Mehta, Non-Executive Non-Independent Director from Mumbai; - Mr. Nitish Bajaj, Group Managing Director from Gurugram; - Mr. Asheesh Kumar Sharma, Executive Director & Chief Executive Officer (“CEO”) from Gurugram; - Mr. KPN Srinivas, Chief Financial Officer (“CFO”) of the Company from Gurugram. He also informed that Mr. Karamendra Daulet Singh, Non-Executive Independent Director and Mr. Vellor Venkatakrishnan Ranganathan, Non-Executive Non-Independent Director requested to be exempted from the captioned meeting owing to their preoccupation. Sundrop Brands Limited (Formerly known as Agro Tech Foods Limited) Registered office: 31, Sarojini Devi Road, Secunderabad- 500003, Telangana, India. Tel: 91-40-66650240 Corporate office: Tower C, 15th Floor, Building No. 10, Phase-II, DLF Cyber City, Gurugram-122002, Haryana. Tel: 0124-4593700 Web: www.sundropbrands.com; CIN: L15142TG1986PLC006957 The participation of the representatives of the Statutory Auditors and the Secretarial Auditors was noted. The Company Secretary was also in attendance virtually from Gurugram. The Chairperson then requested Mr. Nitish Bajaj, Group Managing Director to deliver a customary speech. The Chairperson continued with the proceedings of the 39th AGM and informed that the Annual Report of the Company for the Financial Year 2025-26 containing the Notice of the 39th AGM dated May 07, 2026, were duly sent by email to those shareholder/ members of the Company whose email addresses were registered with the Company/RTA/DPs, at the date of dispatch. Also that, a physical letter containing web-link of the Annual Report was dispatched to those shareholders/ members whose email addresses were not registered and a public notice in this regard was published in newspapers as well in compliance with law within prescribed timelines. The Chairperson informed that the Statutory Auditors and the Secretarial Auditor(s) had submitted their unqualified reports for the financial year ended 31st March 2026. He mentioned that the stated reports were taken as read, since there were no qualifications therein. The Chairperson then informed that the shareholders who were entitled to vote were provided with a remote e-voting facility to cast their vote on the agenda items of notice of the 39th AGM from 22nd August 2026 (9:00 A.M.) to 25th August 2026 (5:00 P.M.). Also, that the shareholders participating at the 39th AGM and had not cast their vote through remote e-voting earlier were provided with an opportunity to cast their votes through e- voting during the Meeting and until 15 minutes of the conclusion of 39th AGM using the e-voting platform of the Registrar to an Issue and Share Transfer Agent of the Company i.e. KFin Technologies Limited (“RTA/ Kfintech”), and was closed along with conclusion of the Meeting. The representatives of KFintech also attended the meeting through VC. The Chairperson along with the Company Secretary read the agenda items mentioned in Serial No’s 1 to 4 of the captioned Notice of the 39th AGM. The following items of business as per the Notice of the 39th AGM were taken up at the Meeting and approved by requisite majority: RESOLUTION DESCRIPTION TYPE OF RESULT NO. RESOLUTION ORDINARY BUSINESS 1. To receive, consider and adopt the Audited Ordinary Approved by Standalone and Consolidated Financial Resolution requisite majority Statements of the Company for the Financial Year ended March 31, 2026, along with the Reports of the Board of Directors and Auditors thereon. 2. To appoint a Director in place of Mr. Ramit Ordinary Approved by Bharti Mittal [DIN: 01228624] who retires by Resolution requisite majority rotation at the ensuing AGM and being eligible, offers himself for reappointment. 3. To appoint a Director in place of Mr. Nitish Ordinary Approved by Bajaj [DIN: 10835891] who retires by rotation Resolution requisite majority at the ensuing AGM and being eligible, offers himself for reappointment. SPECIAL BUSINESS 4. To ratify the remuneration payable to the Cost Ordinary Approved by Auditors of the Company for the financial year Resolution requisite majority 2026-27. Sundrop Brands Limited (Formerly known as Agro Tech Foods Limited) Registered office: 31, Sarojini Devi Road, Secunderabad- 500003, Telangana, India. Tel: 91-40-66650240 Corporate office: Tower C, 15th Floor, Building No. 10, Phase-II, DLF Cyber City, Gurugram-122002, Haryana. Tel: 0124-4593700 Web: www.sundropbrands.com; CIN: L15142TG1986PLC006957 The Chairperson, then extended an opportunity to the registered “Speaker shareholders” to pose their questions or seek clarifications on the agenda items of the 39th AGM Notice. The Chairperson authorized Mr. Nitish Bajaj, the Group Managing Director, Mr. Asheesh Kumar Sharma, Executive Director & CEO and Mr. KPN Srinivas, CFO of the Company to respond to the questions of the shareholders. The queries raised by the speaker shareholder(s) and those received from the member(s) by e-mail were duly addressed by Mr. Bajaj, Group Managing Director. Around the conclusion of the meeting, the Chairperson, conveyed his gr [Showing first 8,000 characters — download PDF for full document]