Annual report for the financial year 2025-2026.

(BRADYS W.H.BRrADY and Company Limited CIN No. - LI7110MH1913PLC000367 Regd. Office - BRADY HOUSE, 12-14, VEER NARIMAN ROAD, FORT, MUMBAI - 400001. INDIA TEL: (022) - 22048361-65 ¢ E-mal : brodys@minlnetin * Webste : www.brodys.in August 31, 2026 BSE Limited Department of Corporate Services Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400001. Ref: Script Code - 501391 Sub: Submission of Annual Report of the Company for the Financial Year 2025-26 Dear Sir/Madam, Pursuant to Regulation 34(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith copy of Annual Report for the Financial Year 2025-26 along with the Notice convening the 113% Annual General Meeting scheduled to be held on Saturday, September 26, 2026 at 12:30 p.m. (1ST) through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) in accordance with the relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. Kindly take the above on your record. Yours faithfully, For W. H. BRADY AND COMPANY LIMITED SANYO RODRIGUES COMPANY SECRETARY & COMPLIANCE OFFICER Encl: A/a. Copy to: 1. National Securities Depository Ltd. Trade World, A Wing, 4t & 5t Floors, Kamala Mills Compound, Lower Parel, Mumbai - 400013. 2. Central Depository Services (India) Limited. A Wing, 25% Floor, Marathon Futurex, Mafatlal Mill Compounds, N M Joshi Marg, Lower Parel (East), Mumbai - 400013. : BRANCHES : ® AHMEDABAD: Tel.: 02694 - 3042+ E0ma0il : bmeworks@bradys.in @ CHENNAI : Tel.: 044-24310618« Email - saleschennai@bradys.in © KOLKATA Tel.: (033) 22272089 - Email : saleskol@bradys.in @ NEW DELHI: Tel: (011) 23314934 « Email : salesdel@bradys.in 113th ANNUAL REPORT 2025-26 W. H. BRADY AND COMPANY LIMITED W. H. BRADY AND COMPANY LIMITED CIN: L17110MH1913PLC000367 BOARD OF DIRECTORS MR. PAVAN G. MORARKA - CHAIRMAN & MANAGING DIRECTOR MR. VAIBHAV MORARKA - NON-EXECUTIVE DIRECTOR MR. PINAKI MISRA - NON-EXECUTIVE DIRECTOR MR. CYRUS VACHHA - INDEPENDENT DIRECTOR MR. RAVINDRA JOSHI - INDEPENDENT DIRECTOR MRS. CHITRALEKHA HIREMATH - INDEPENDENT WOMAN DIRECTOR CHIEF FINANCIAL OFFICER BRANCH AND SALES OFFICES MR. RAJENDER K. SHARMA BAREJA - 326B SARSA KANERA ROAD, GUJARAT KOLKATA - COMMERCIAL POINT, 79, LENIN SARANI COMPANY SECRETARY & COMPLIANCE OFFICER CHENNAI- SHOP NO. 3, MOOVRASAMPET, MADIPAKKAM MR. SANYO RODRIGUES NEW DELHI - FLAT NO. 120, NEW DELHI HOUSE STATUTORY AUDITORS M/S. J. G. VERMA & CO CHARTERED ACCOUNTANTS SECRETARIAL AUDITORS M/S. GMJ & ASSOCIATES, COMPANY SECRETARIES BANKERS Contents Page No. BANK OF BARODA, MUMBAI Notice 2 - 18 Directors’ Report & Annexures 19 - 34 REGISTERED OFFICE Management Discussion & Analysis Report 35 - 37 BRADY HOUSE, 4TH FLOOR, Corporate Governance Report 38 - 56 12-14, VEER NARIMAN ROAD, Auditors’ Report 57 - 67 FORT, MUMBAI - 400001. Balance Sheet 68 TEL: 022-2204 8361 Statement of Profit & Loss Account 69 Email: ho@bradys.in Statement of Change in Equity 70 Website: www.whbrady.in Cash Flow Statement 71 - 72 Significant Accounting Policies 73 - 78 REGISTRAR & SHARE TRANSFER AGENTS BIGSHARE SERVICES PVT. LTD. Notes 79 - 108 S6-2, 6TH FLOOR PINNACLE BUSINESS PARK, Auditors’ Report 109-115 NEXT TO AHURA CENTRE, Balance Sheet 116 MAHAKALI CAVES ROAD, Statement of Profit & Loss Account 117 ANDHERI (E), MUMBAI - 400093. Statement of Change in Equity 118 TEL: 022-6263 8205 / 6263 8268 Cash Flow Statement 119-120 Email: investor@bigshareonline.com. Significant Accounting Policies 121-127 Notes 128-164 113th Annual Report 2025-2026 NOTICE NOTICE IS HEREBY GIVEN THAT THE 113TH ANNUAL GENERAL MEETING (AGM) OF THE MEMBERS OF W. H. BRADY AND COMPANY LIMITED WILL BE HELD ON SATURDAY, SEPTEMBER 26, 2026 AT 12:30 P.M. (IST) THROUGH VIDEO CONFERENCING (“VC”) / OTHER AUDIO-VISUAL MEANS (“OAVM”) TO TRANSACT, WITH OR WITHOUT MODIFICATION(S) THE FOLLOWING BUSINESS: ORDINARY BUSINESS: 1. To receive, consider and adopt: a. the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026, including the Audited Balance Sheet as at March 31, 2026, the Statement of Profit & Loss and Cash Flow Statement for the year ended on that date together with the Reports of the Board of Directors and Auditors thereon; and b. the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026, including the Audited Balance Sheet as at March 31, 2026, the Statement of Profit & Loss and Cash Flow Statement for the year ended on that date together with the Auditors Report thereon. 2. To appoint a Director in place of Mr. Vaibhav Morarka (DIN: 01630306), who retires by rotation and, being eligible, offers himself for re-appointment. SPECIAL BUSINESS: 3. To approve the re-appointment of Mr. Cyrus Vachha (DIN: 06722644) as a Non-Executive Independent Director of the Company. 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 Section 149, 150, 152, Schedule IV of the Companies Act, 2013 read with the Companies (Appointment and Qualification of Directors) Rules, 2014 and other applicable provisions of the Act including any modification or re-enactment thereof, and Regulation 17, 25 and any other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) as amended from time to time, the Articles of Association of the Company, approval and recommendation of the Nomination and Remuneration Committee and Board of Directors of the Company, Mr. Cyrus Vachha (DIN: 06722644) who holds office as an Independent Director upto September 28, 2026 and meets the criteria for independence under Section 149(6) of the Act and the Rules made thereunder and Regulation 16(1)(b) of the LODR Regulations and in respect of whom the Company has received a notice in writing from a member under Section 160(1) of the Act, be and is hereby re-appointed as an Independent Director of the Company, for a period of 5 (Five) years effective from September 29, 2026 till September 28, 2031, and that he shall not be liable to retire by rotation. RESOLVED FURTHER THAT pursuant to Regulation 17(1A) of the Listing Regulations (including any statutory modification(s) or re-enactment(s) thereof for the time being in force), approval of the members of the Company be and is hereby accorded, for continuation of office of directorship of Mr. Cyrus Vachha, who has attained the age of 75 years. RESOLVED FURTHER THAT the Board of Directors and/or Key Managerial Personnel of the Company or any Committee thereof be and is hereby authorized to do all such acts, deeds and matters as in its absolute discretion it may think necessary, expedient and desirable, to settle any question or doubt that may arise in relation thereto in order to give effect to the foregoing resolution.” W. H. BRADY AND COMPANY LIMITED 4. To approve Material Related Party Transactions with Brady & Morris Engineering Company Limited under Regulation 23 of SEBI (LODR) Regulations, 2015. To consider and, if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the Regulations 2(1)(zc), 23(4) and other applicable Regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), as amended from time to time, the applicable provisions of the Companies Act, 2013 (“Act”) read with Rules made thereunder, other applicable laws/statutory provisions, if any [including any statutory modification(s) or amendment(s)or re-enactment(s) thereof, for the time being in force], the Company’s Policy on Related Party Transactions and subject to such approval(s), consent(s), permission(s) as may be necessary from time to time and on the basis of the approv [Showing first 8,000 characters — download PDF for full document]