FGP Ltd — Audit Report / Information 2026

Apr 29, 2026

FGP LIMITED

CIN: L26100MH1962PLC012406

Registered Office - Commercial Union House, 9- Wallace Street, Fort, Mumbai - 400 001

Tel: 2207 0273/ 2201 5269; Email: investors@fgpltd.in; Website: www.fgpltd.in

Date: April 29, 2026

To,

BSE Limited

Phiroze Jeejeebhoy Towers,

Dalal Street, Fort,

Mumbai – 400001.

Security Code: 500142

Dear Sir/ Madam,

Sub: Outcome of Board Meeting

Pursuant to the provisions of Regulation 30 (read with Part A of Schedule III) and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the Listing Regulations), we hereby inform you that the Board of Directors of the Company at its meeting held today, i.e., on Wednesday, April 29, 2026, inter-alia:

1. Approved the Audited Financial Results of the Company for the quarter and financial year ended March 31, 2026 ('Financial Results').

Copy of the same is enclosed along with the reports of the Auditors thereon and a declaration duly signed by the Chief Financial Officer stating that the said report is with unmodified opinion is attached as Annexure-A.

1. Approved the revision / change in the Code of Fair Disclosure (including determination of legitimate purpose), Internal Procedures and Conduct for regulating, monitoring and reporting of trading by Designated Person(s) and Immediate Relatives of Designated Person(s) as per Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

The above revised Policy and above information shall be made available on the Company's website at https://www.fgpltd.in/

1. Approved the re-appointment of Ms. Shweta Ratnakar Musale (DIN: 03280429) as an Non-Executive Independent Director of the Company, for a second term of five (5) consecutive years commencing from November 12, 2026 up to November 11, 2031, subject to the approval of shareholders at the ensuing Annual General Meeting (AGM) of the Company.

2. Approved the appointment of Mr. Pradeep Shashikant Pathare (DIN: 01449746) as an Additional Non-Executive Independent Director of the Company, for a term of five (5) consecutive years commencing from May 12, 2026 to May 11, 2031, subject to the approval of shareholders at the ensuing Annual General Meeting (AGM) of the Company.

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FGP LIMITED

CIN: L26100MH1962PLC012406

Registered Office - Commercial Union House, 9- Wallace Street, Fort, Mumbai - 400 001

Tel: 2207 0273/ 2201 5269; Email: investors@fgpltd.in; Website: www.fgpltd.in

1. Decided that the 64th AGM of the Company shall be convened and held as per the directives and circulars issued by relevant authorities and the details thereof shall be intimated separately.

Details of Directors being appointed/ re-appointed as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 and other applicable SEBI/BSE/NSE circulars issued in this regard, are attached herewith as Annexure-B.

The Board meeting commenced at 5.01 p.m. IST and concluded at 6.16 p.m. IST

We request you to kindly take the above on records.

Thanking you.

Yours faithfully,

For FGP Limited

SHALU
RAMESH
SARRAF

Digitally signed by
SHALU RAMESH
SARRAF
Date: 2026.04.29
18:34:56 +05'30'

Shalu Sarraf
Company Secretary & Compliance Officer

Encl as above

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Annexure-A

FGP LIMITED

CIN: L26100MH1962PLC012406

Registered Office - Commercial Union House, 9- Wallace Street, Fort, Mumbai - 400 001

Tel: 2207 0273/ 2201 5269; Email: investors@fgpltd.in; Website: www.fgpltd.in

Date: April 29, 2026

To,

BSE Limited

Phiroze Jeejeebhoy Towers,

Dalal Street, Fort,

Mumbai – 400001.

Security Code: 500142

Dear Sir/ Madam,

Subject: Declaration pursuant to Regulation 33(3)(d) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations').

Dear Sir,

Pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby declare that M/s. MVK Associates, Chartered Accountants (Firm Registration Number: 120222W), Statutory Auditors of the Company, have issued an Audit Report with unmodified opinion on the Annual Audited Financial Results of the Company for the quarter and year ended March 31, 2026.

Kindly take the same on record and acknowledge the receipt.

Thanking you.

Yours faithfully

For FGP Limited

Sapana Dubey

Chief Financial Officer

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CA

MVK ASSOCIATES

CHARTERED ACCOUNTANTS

800, Sangita Ellipse, Sahakar Road,

Vile Parle (East), Mumbai - 400 057

Tel.: 022-4048 2500 • Fax: 022-4048 2525

E-mail: admin@mvkassociates.com

Website: www.mvkassociates.com

Independent Auditor's Report on the audit of Financial Results of the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

To

The Board of Directors of,

FGP Limited

Opinion

We have audited the accompanying Statement of Financial results of FGP Limited ("the Company") for the quarter and year ended March 31, 2026 to comply with the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations").

In our opinion and to the best of our information and according to the explanations given to us the Statement:

1. is presented in accordance with the requirements of the Listing Regulations in this regard and
2. gives a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standards ("Ind AS") and other accounting principles generally accepted in India, of the net profit and total comprehensive income and other financial information of the company for the quarter and year ended March 31, 2026.

Basis for Opinion

We conducted our audit of the financial results in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013 (the Act). Our responsibilities under those Standards are further described in the Auditor's Responsibilities for the Audit of the Financial Results section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial results under the provisions of the Companies Act, 2013 and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Responsibilities of Management's and Those Charged with Governance for the Financial Results

These financial statements have been prepared on the basis of the annual financial statements.

Page 1 | 3

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The Company's Board of Directors are responsible for the preparation of these financial statements that give a true and fair view of the net profit and other comprehensive income and other financial information in accordance with the recognition and measurement principles laid down in Indian Accounting Standard, prescribed under Section 133 of the Companies Act 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the SEBI Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error, which has been used for the purpose of preparation of the financial results by the directors of the company, as aforesaid.

In preparing the financial results, the Board of Directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

Those Charged with Governance is also responsible for overseeing the Company's financial reporting process.

Auditor's Responsibilities for the Audit of the Financial Results

Our objectives are to obtain reasonable assurance about whether the financial results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial results.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

• Identify and assess the risks of material misstatement of the financial results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section 143(3)(l) of the Act, we are also responsible for expressing our opinion on whether the company has adequate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls.

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.

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• Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.

• Evaluate the overall presentation, structure and content of the financial results, including the disclosures, and whether the financial results represent the underlying transactions and events in a manner that achieves fair presentation.

Materiality is the magnitude of misstatement in the Financial Statements that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Financial Statements may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatement in the Financial Statements.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

Other Matter

The financial statements include the results for the quarter ended March 31, 2026 being the balancing figure between audited figures in respect of the full financial year ended March 31, 2026 and the published unaudited year to date figures up to the third quarter of the current financial year which were subjected to limited review by us, as required under the Listing Regulations.

For MVK Associates
Chartered Accountants
Firm Registration No: 120222W

CA. R.P Ladha
Partner
Membership No: 048195
UDIN: 28048195SJBJBC6758

Place: Mumbai
Date: 29th April 2026

Page 3 | 3

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FGP LIMITED

CIN-L26100MH1962PLC012406

Regd.Office: 9, Wallace Street, Fort, Mumbai-400 001.

E-mail: investors@fgpltd.in • Website: www.fgpltd.in • Tel. No. (022) 22070273, 22015269

Statement of Audited Financial Results for the Quarter and Year ended 31st March, 2026

(₹ in Lakhs except EPS)

PARTICULARS	Quarter Ended			Year Ended
	31-Mar-2026	31-Dec-2025	31-Mar-2025	31-Mar-2026	31-Mar-2025
	Audited
(refer note 6)	Unaudited	Audited
(refer note 6)	Audited	Audited
INCOME
Revenue from Operations	173.37	6.54	5.64	196.70	23.08
Other Income	1.30	24.07	0.10	55.94	27.62
Total Income	174.67	30.61	5.74	252.64	50.70
EXPENSES
Purchase of Stock in trade	80.10	76.78	-	156.88	-
Changes in Inventories of Stock-in-Trade	76.78	(76.78)	-	-	-
Employee benefits expenses	7.92	9.02	3.98	33.53	20.75
Depreciation	0.22	0.23	0.19	0.82	0.77
Other expenses	43.07	17.91	21.91	53.99	29.04
Total expenses	208.09	27.16	26.08	245.22	50.56
Profit/(Loss) before tax	(33.42)	3.45	(20.34)	7.42	0.14
Tax expenses
Current Tax	(0.07)	(1.93)	-	0.69	-
Deferred Tax	(4.66)	1.72	(4.92)	2.03	3.42
Tax adjustments of earlier year	-	-	-	(2.58)	-
Profit/(Loss) for the Period	(28.69)	3.66	(15.42)	7.28	(3.28)
Other Comprehensive Income/(Loss)
(a) Items that will not be reclassified to profit or loss
Remeasurement Gain/(Loss) of Defined Benefit Plans	0.12	-	0.06	0.12	0.06
(b) Item that will be reclassified to profit or loss	-	-	-	-	-
Total Comprehensive Income/(Loss) for the Period	(28.57)	3.66	(15.36)	7.40	(3.22)
Paid up equity share capital (Face value of ₹ 10/- each)	1189.51	1189.51	1189.51	1189.51	1189.51
Other Equity	-	-	-	(847.84)	(855.24)
Earning per Equity share (₹) (Not Annualised)
1) Basic (₹)	(0.24)	0.03	(0.13)	0.06	(0.03)
2) Diluted (₹)	(0.24)	0.03	(0.13)	0.06	(0.03)

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FGP LIMITED
CIN-I.26100MI I1962PI.C012406
Regd.Office: 9, Wallace Street, Fort, Mumbai-400 001.
E-mail: investors@fgpltd.in; ● Website: www.fgpltd.in ● Tel. No. (022) 22070273, 22015269

Notes to Audited financial results :

1. The above audited financial results have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) notified under Section 133 of the Companies Act, 2013, as amended from time to time.

2. The above audited financial results have been reviewed by the Audit Committee and approved by the Board of Directors of FGP Limited (the 'Company') at their respective meetings held on 29th April, 2026. Review under Regulation 33 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended, has been carried out by the Statutory Auditors and have issued an unmodified opinion on the above audited financial results.

3. For the quarter and year ended 31 March 2026, “Other Expenses” include net loss on fair value changes of mutual funds of ₹32.57 lakhs and ₹1.60 lakhs, respectively, and loss on derivative transactions of ₹8.68 lakhs and ₹11.77 lakhs, respectively.

4. i) During the current year, the Company commenced commodity trading activities and has identified two segments viz. (a) Business Centre and Rental and (b) Trading, which has disclosed as operating segments. These segments have been identified in accordance with Ind AS 108, 'Operating Segments'.
   ii) Segment revenue, results and other information includes the respective amounts identifiable under each of these segments. The items/information which cannot be directly identified with any particular operating segment have been shown separately as unallocable.

5. On November 21, 2025, the Government of India notified the four Labour Codes, namely the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020, thereby consolidating 29 existing labour laws. Pursuant to the implementation of the aforesaid Codes, the Company has reassessed its employee benefit obligations in accordance with Ind AS 19 – Employee Benefits, including the impact of restructuring of employee compensation with effect from March 1, 2026. Based on such assessment, the Company has recognised an incremental expense of Past Service cost ₹0.78 lakhs for the year ended March 31, 2026. The aforesaid impact, being not material, has been recognised in the standalone Statement of Profit and Loss under “Employee Benefits Expense” and has not been presented as a separate line item. The Company will continue to evaluate the impact of any further rules / clarifications issued by the appropriate authorities and will account for the same, if any, in the period in which such changes become effective.

6. The figures for the quarters ended 31st March 2026 and quarter ended 31st March 2025 are the balancing figure between the published year-to-date figure in respect of year ended 31st March, 2026 and 31st March, 2025 respectively and published figures up to the end of the third quarter of current year/previous year which were subject to limited review.

7. The figures for the previous quarters/year have been regrouped, wherever necessary.

Place: Mumbai
Date: 29th April, 2026

On Behalf of the Board of Directors
For FGP Limited

HIN Singh Rajpoot
Chairman
DIN: 00080836

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| FGP LIMITED
CIN-L26100MH1962PLC012406
BALANCE SHEET AS AT 31ST MARCH, 2026
( ₹ in lakhs) | | |
| --- | --- | --- |
| Particulars | As at
31st March, 2026 | As at
31st March, 2025 |
| ASSETS | | |
| Non -Current assets | | |
| Property, plant and equipments | 3.65 | 3.80 |
| Right to use assets | 1.25 | 1.25 |
| Financial Assets | | |
| (i) Other financial assets | 4.26 | 2.94 |
| Other non current assets | 5.57 | 45.88 |
| Total Non-Current Assets | 14.73 | 53.87 |
| Current Assets | | |
| Financial Assets | | |
| (i) Investments | 243.51 | 298.65 |
| (ii) Cash and cash equivalents | 2.50 | 1.07 |
| (iii) Bank balance other than (ii) above | 109.90 | 1.40 |
| Other current assets | 8.41 | 9.64 |
| Total Current Assets | 364.32 | 310.76 |
| Total Assets | 379.05 | 364.63 |
| EQUITY AND LIABILITIES | | |
| Equity | | |
| Equity Share Capital | 1,189.51 | 1,189.51 |
| Other Equity | (847.84) | (855.24) |
| Total Equity | 341.67 | 334.27 |
| Liabilities | | |
| Non Current Liabilities | | |
| Provisions | 2.00 | 0.90 |
| Deferred tax liabilities (Net) | 16.95 | 14.92 |
| Total Non-Current liabilities | 18.95 | 15.82 |
| Current Liabilities | | |
| Financial Liabilities | | |
| (i) Trade payables | | |
| Total outstanding dues of micro enterprises & small enterprises | 0.64 | 0.64 |
| Total outstanding dues of creditors other than micro enterprises
& small enterprises | 16.51 | 13.42 |
| Other current liabilities | 0.01 | 0.25 |
| Provisions | 1.27 | 0.23 |
| Total current liabilities | 18.43 | 14.54 |
| Total Liabilities | 37.38 | 30.36 |
| Total Equity and Liabilities | 379.05 | 364.63 |

dwo

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| FGP LIMITED
CIN-I.26100M111962P1.C012406
STATEMENT OF PROFIT AND LOSS FOR THE YEAR ENDED 31ST MARCH, 2026
( ₹ in lakhs) | | |
| --- | --- | --- |
| Particulars | Year ended
31st March, 2026 | Year ended
31st March, 2025 |
| Income: | | |
| Revenue from Operations | 196.70 | 23.08 |
| Other Income | 55.94 | 27.62 |
| Total Income | 252.64 | 50.70 |
| Expenses: | | |
| Purchase of stock-in-trade | 156.88 | - |
| Changes in inventories of stock-in-trade | - | - |
| Employee benefits expenses | 33.53 | 20.75 |
| Depreciation & amortisation expenses | 0.82 | 0.77 |
| Other expenses | 53.99 | 29.04 |
| Total Expenses | 245.22 | 50.56 |
| Profit/(Loss) before tax | 7.42 | 0.14 |
| Tax expenses: | | |
| Current Tax | 0.69 | - |
| Deferred tax | 2.03 | 3.42 |
| Tax adjustments in respect of earlier years | (2.58) | - |
| Total Tax Expenses | 0.14 | 3.42 |
| Profit/(Loss) for the Year | 7.28 | (3.28) |
| Other Comprehensive Income/(Loss)
(a) Items that will not be reclassified to profit or loss | | |
| Remeasurement Gain/(Loss) on defined benefit plans | 0.12 | 0.06 |
| Other Comprehensive Income/(Loss) for the Year | 0.12 | 0.06 |
| Total Comprehensive Income/(Loss) for the Year | 7.40 | (3.22) |
| Earnings per Equity Share of (face value ₹ 10 each) | | |
| Basic (in ₹) | 0.06 | (0.03) |
| Diluted (in ₹) | 0.06 | (0.03) |

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| FGP LIMITED
CIN-L26100MH1962PLC012406
STATEMENT OF CASH FLOW FOR THE YEAR ENDED 31ST MARCH, 2026
( ₹ in lakhs) | | | |
| --- | --- | --- | --- |
| | Particulars | Year ended
31st March, 2026 | Year ended
31st March, 2025 |
| A | CASH FLOW FROM OPERATING ACTIVITIES | | |
| | Net Profit / (Loss) before Taxes and Exceptional Items | 7.42 | 0.14 |
| | Adjustments for: | | |
| | Depreciation & amortisation expenses | 0.82 | 0.77 |
| | (Gain)/ loss arising on investments measured at fair value through profit or loss | (15.96) | (26.95) |
| | Interest Income on Fixed Deposit | (0.88) | (0.59) |
| | Interest Income on income tax refund | (38.08) | (0.08) |
| | Operating Profit Before Working Capital Changes | (46.68) | (26.71) |
| | Adjustments for: | | |
| | (Increase)/ Decrease in Other financial assets | (1.32) | (0.82) |
| | (Increase)/ Decrease in Other current assets | 1.23 | 1.70 |
| | Increase / (Decrease) in Non Current Provision | 1.22 | (1.52) |
| | Increase / (Decrease) in Trade payable | 3.08 | 0.09 |
| | Increase / (Decrease) in Current Provision | 1.04 | (0.29) |
| | Increase / (Decrease) in other current liabilities | (0.23) | 0.19 |
| | Cash generated from operations | (41.66) | (27.36) |
| | Income tax (Paid)/ refund | 80.27 | 0.69 |
| Net Cash Flow generated from Operating Activities | 38.61 | (26.67) | |
| B | CASH FLOW FROM INVESTING ACTIVITIES | | |
| | Purchase of property plant and equipment | (0.66) | - |
| | Purchase of Investments | - | (100.00) |
| | Proceeds from sale of Investments | 71.10 | 10.00 |
| | Interest Received | 0.88 | 0.59 |
| | Net Cash flow generated/(Used)in Investing Activities | 71.32 | (89.41) |
| C | CASH FLOW FROM FINANCING ACTIVITIES | - | - |
| | Net Cash Used in Financing Activities | - | - |
| | NET INCREASE/(DECREASE)IN CASH AND CASH EQUIVALENTS | 109.93 | (116.08) |
| | CASH AND CASH EQUIVALENTS AS AT THE BEGINNING OF THE YEAR | 2.47 | 118.55 |
| | CASH AND CASH EQUIVALENTS AS AT THE END OF THE YEAR | 112.40 | 2.47 |

Note: Cash and cash equivalents comprises of:
Cash on hand
0.06
0.06
Balances with banks
- In current accounts
2.44
1.01
- Other bank balance
109.90
1.40
112.40
2.47

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FGP LIMITED

CIN-I.26100MI11962P1.C012406

Regd. Office: 9, Wallace Street, Fort, Mumbai-400 001

E-mail: investors@fgrthl.in • Website: www.fgrthl.in • Tel. No. (022) 22070273, 22015269

Audited Consolidated Segment Information for the Year Ended 31st March, 2026

Sl. No.	Particulars	Quarter ended			Year Ended
		31 March 2026	31 December 2025	31 March 2025	31 March 2026	31 March 2025
		Audited	Unaudited	Audited	Audited	Audited
1	Segment Revenue
	Business Centre & Rental	6.54	6.54	5.64	26.18	23.08
	Commodity Trading	166.82	3.70	-	170.52	-
	Revenue from operations	173.36	10.24	5.64	196.70	23.08
2	Segment Results
	Business Centre & Rental	3.97	(0.15)	2.91	11.18	10.65
	Commodity Trading	4.65	(3.17)	-	1.48	-
	Segment Results	8.62	(3.32)	2.91	12.66	10.65
	Add/(Loss): Other Unallocable Income (net of expenditure)	(42.04)	6.77	(23.25)	(5.24)	(10.51)
	Profit/(Loss) before Tax	(33.42)	3.45	(20.34)	7.42	0.14
Sl. No.	Particulars	As at
---	---	---	---
		31 March 2026	31 March 2025
		Audited	Audited
3	Segment Assets
	Business Centre & Rental	7.29	7.48
	Commodity Trading	0.05	-
	Un-allocated	371.71	357.15
	Total Assets	379.05	364.63
4	Segment Liabilities
	Business Centre & Rental	12.94	12.51
	Commodity Trading	-	-
	Un-allocated	24.44	17.85
	Total Liabilities	37.38	30.36

On Behalf of the Board of Directors

For FGP Limited

H.N. Singh Rajpoot

Chairman

DIN: 04080836

Place: Mumbai

Date: 29th April, 2026

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FGP LIMITED

CIN: L26100MH1962PLC012406

Registered Office - Commercial Union House, 9- Wallace Street, Fort, Mumbai - 400 001

Tel: 2207 0273/ 2201 5269; Email: investors@fgpltd.in; Website: www.fgpltd.in

Annexure-B

Details as required pursuant to Regulation 30 of SEBI Listing Regulations in respect of change in directors (including re-appointment) read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 and other applicable SEBI/BSE/NSE Circulars issued in this regard are as under:

Sr. No.	Particulars	Appointment of Mr. Pradeep Shashikant Pathare (DIN: 01449746)	Re-appointment of Ms. Shweta Ratnakar Musale (DIN: 03280429)
1.	Reason for change viz. appointment, re-appointment, resignation, removal, death or otherwise	Appointment of Mr. Pradeep Shashikant Pathare (DIN: 01449746) as an Additional Non-Executive Independent Director of the Company, subject to approval of shareholders at the ensuing Annual General Meeting of the Company.	Re-appointment of Ms. Shweta Ratnakar Musale (DIN: 03280429) as an Non-Executive Independent Director of the Company, subject to approval of shareholders at the ensuing Annual General Meeting of the Company.
2.	Date of appointment/re-appointment/cessation (as applicable) & term of appointment/re-appointment	Appointment for a term of five (5) consecutive years commencing from May 12, 2026 to May 11, 2031.	Re-appointment for a second term of five (5) consecutive years commencing from November 12, 2026 up to November 11, 2031.
3.	Brief profile (in case of appointment)	Mr. Pradeep Shashikant Pathare is a Strategic IT Leader with 37+ years of total professional experience, including 15+ years as Head of IT, spearheading largescale digital transformations and SAP ecosystems within highly regulated sectors. Proven track record in aligning IT infrastructure with Statutory Quality Standards and Financial Regulatory mandates. Specialized in IT Governance, Enterprise Risk Management, and Cybersecurity Controls, ensuring zero-overrun project delivery and 24/7 operational resilience for mission-critical financial and manufacturing systems.	Ms. Shweta Ratnakar Musale is a Compliance Professional with 13+ years of experience across MNCs in Real Estate, Finance and Technology sectors. Having worked in both multinational environment and promoter group offices of Indian Conglomerates, she carries a rich experience in Corporate Governance, Regulatory compliance and Corporate Secretarial function. She is a double graduate from University of Mumbai in the fields of Commerce (B.Com) and Law (LL.B). Additionally, she is an Associate member of The Institute of Company Secretaries of India.
4.	Disclosure of relationships between directors (in case of appointment of a director)	None	None
5.	Affirmation pertaining to non-debarment from holding the office of Directors by virtue of any SEBI order or any other such authority	Based on the information available with the Company, Mr. Pradeep Shashikant Pathare is not debarred from holding the office of a director by virtue of any SEBI order or any other such authority.	Based on the information available with the Company, Ms. Shweta Ratnakar Musale is not debarred from holding the office of a director by virtue of any SEBI order or any other such authority.