Annual Report for the FY 2025-26.

31st August, 2026 To, To, National Stock Exchange of India Ltd BSE Limited Listing Department Listing Department Exchange Plaza, C/1, G Block, 1st Floor, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Bandra (E), Dalal Street, Mumbai 400051. Mumbai – 400001. Scrip ID – HPAL Scrip Code – 543433 Subject: Annual Report 2025-26 along with Notice of 7th Annual General Meeting of the Company to be held on Tuesday, 22nd September, 2026 through VC/ OAVM. Dear Sir/ Madam, The 7th Annual General Meeting (AGM) of HP Adhesives Limited (“the Company”) is scheduled to be held on Tuesday, 22nd September, 2026 at 03:30 PM (IST) through Video Conferencing (VC) or Other Audio Visual Means (OAVM) in compliance with MCA circulars. Pursuant to Regulation 34(1)(a) of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, please find enclosed herewith an electronic copy of the Annual Report for the Financial Year 2025-26 along with the Notice of 7th AGM. The said Notice of the AGM and Annual Report being sent today i.e. 31st August, 2026, by email to those Members whose email addresses are registered with the Company/Depository Participant(s). The said Annual Report and Notice of AGM are also available on the website of the Company at www.hpadhesives.com. The web-links to the same are given below: Annual Report 2025-26: hpadhesives.com/wp-content/uploads/2026/08/Annual-Report- FY-2025-26.pdf Notice of 7th AGM: https://www.hpadhesives.com/wp-content/uploads/2026/08/Notice- of-7th-AGM.pdf *The Record date for the purpose of payment of dividend is Tuesday, 15th September, 2026. Members are requested to refer AGM notice for tax on dividend and submission of requisite documents. The Company is providing remote e-voting & e-voting at AGM facility to the members through electronic voting platform of Central Depository Services (India) Limited (CDSL). Members holding shares as on cut-off date i.e. Tuesday, 15th September, 2026 may cast their votes electronically on the resolutions included in the Notice of 7th AGM. The remote e- voting shall commence from 9:00 a.m. (IST) on Saturday, 19th September, 2026 and shall end at 5:00 p.m. (IST) on Monday, 21st September, 2026. Kindly take same on record. Thanking you. Yours faithfully, For HP Adhesives Limited Swati Talgaonkar Company Secretary Encl: As above Stronger through Challenge. Poised for Growth. HP ADHESIVES LIMITED Annual Report 2025-26 Across the Pages 02-23 Stronger through Challenges test the strength of a business and its ability Corporate Overview to respond with purpose. For HP Adhesives, Investor Information Challenge. Corporate Snapshot 02 FY 2025-26 was a year that demanded resilience, agility Product Suite 04 and disciplined execution. Faced with an unexpected Market Capitalisation Chairperson’s Message 08 `247.42 Crs Poised for operational disruption, the Company acted swiftly (as of 31st March, 2026) to support business continuity, protect customer Managing Director’s Message 10 Growth. commitments and sustain its market presence. Manufacturing Footprint 12 CIN L24304MH2019PLC325019 Distribution Network 14 At the same time, the Company continued to strengthen BSE Code 543433 Financials 16 the foundations for future growth. A broader product Growth Strategies 18 portfolio and the growing relevance of emerging NSE Symbol HPAL Operating Environment 20 categories reflect its focus on building a more diversified Board of Directors 22 20% i.e. `0.40/- per equity and resilient business. Dividend Declared share of face value of `2/- each ‘Stronger Through Challenge. Poised for Growth.’ 24-79 captures this journey, one defined by the ability to Statutory Reports AGM Date 22nd September, 2026 navigate adversity with resolve while strengthening the Management Discussion and Analysis 24 Video Conferencing (“VC”)/ platform for the opportunities ahead. AGM Mode Other Audio Visual Means Company Synopsis 35 (“OAVM”) Directors’ Report 36 Corporate Governance Report 55 Financial 80-200 Statements Standalone 80 Consolidated 142 201-215 Notice Disclaimer This document contains statements about expected future events and financials of HP Adhesives Limited (‘The Company’), which are forward- looking. By their nature, forward-looking Click on the link or scan the QR Code below to access the statements require the Company to make assumptions and Investor Relations page are subject to inherent risks and uncertainties. There is a significant risk that the assumptions, predictions, and other https://www.hpadhesives.com/investor-relations/ forward-looking statements may not prove to be accurate. Readers are cautioned not to place undue reliance on forward- looking statements as several factors could cause assumptions, actual future results and events to differ materially from those expressed in the forward-looking statements. Accordingly, this document is subject to the disclaimer and qualified in its entirety by the assumptions, qualifications and risk factors referred to in the Management Discussion and Analysis section of this Annual Report. Corporate Overview Statutory Reports Financial Statements Key Highlights – FY 2025-26 Corporate Snapshot Built on Experience. 249 1,750+ 30 Crs States and UTs Strengthened by Diversity. Revenue from Operations Total Customers National Presence From its beginnings as a single-product The Company’s manufacturing operations are anchored in business in the 1980s, HP Adhesives Khalapur, Raigad district, Maharashtra, and supported by Limited has developed into a diversified established quality control systems and process discipline. manufacturer and distributor of This operating foundation enables the Company to maintain 22 705 product consistency while responding to evolving customer Countries adhesives, sealants and allied solutions. and market requirements. Over the years, the Company has International Customers Employee Workforce steadily broadened its portfolio to serve Today, HP Adhesives serves a wide range of applications through varied applications across consumer an established product portfolio, manufacturing capabilities and and industrial segments, while building a multi-channel market presence. Alongside its core categories, enduring relationships with applicators, newer solutions are progressively broadening the Company’s Product-wise Gross Sales Break-Up of FY 2025-26* channel partners and customers. relevance across end-use segments. Product Category Gross Sales (` in Lakhs) % of Total Solvent Cement 13,544 50.79% Vision To be a leading interior and exterior solutions Company. Silicone Sealants 4,872 18.27% SR Adhesive & PVA 2,027 7.60% FY 2025-26 Ball Valves & Tapes 3,658 13.72% Mission Keep providing innovative and high-quality products, an encouraging environment and New Products** 1,827 6.85% sustainable returns to our internal as well as external stakeholders. Others 737 2.77% Integrity Frugal Customer-Centric Total 26,665 100.00% Values We follow our ingrained We follow a frugal We give utmost priority to moral principles of mindset during our our customers across the *Figures are before credit notes, annual discounts, schemes and goods returns, but net of taxes and direct discounts, among others. honesty and integrity at decision-making globe by delivering value for **New Products comprise MS Polymer sealants, Epoxy products, Spray Paints, Cyanoacrylates and Tile Cleaner. every step. process. money and the best quality. Plumbing Water Supply Footwear Automotive Woodworking Industries and Drainage and Carpentry Served Agriculture Glass Glazing and Home Foam and Infrastructure Building Façade Improvement Furnishing 2 HP Adhesives Limited v Annual Report 2025-26 3 tohspanS etaroproC Corporate Overview Statutory Reports Financial Statements Product Suite A Wider Portfolio. More Applications. Contact Adhesives White Glue / PVA HP Adhesives’ product portfolio is built around the varied requirements of bonding, sealing, joining, repair and Brushable and sprayable [Showing first 8,000 characters — download PDF for full document]