Kusam Electrical Industies Ltd. — AGM Information 2025

Aug 23, 2025

Amruta Kiran Lokhande Digitally signed by Amruta Kiran Lokhande DN: c=IN, o=Personal, title=0326, pseudonym=2f7dbcf3e9ff4c9ba47622644c36b8ba, 2.5.4.20=6ea4fb0002b7b4f0c5b19be6abc26bae5fd187a03f4b1ed790abea0aaa421705, postalCode=400055, st=Maharashtra, serialNumber=8b5606c142635d47ab7b5e86a6684afc2e13722d31db86ce5d160f51388521c3, cn=Amruta Kiran Lokhande Date: 2025.08.23 14:33:45 +05'30'

AN ISO 9001:2015 COMPANY

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NOTICE

NOTICE is hereby given that the 42[nd ] Annual General Meeting of the Members of Kusam Electrical Industries Ltd will be held on Friday , 26[th ] September, 2025 at the Registered office situated at C-325, 3rd Floor, Antop Hill Warehousing Co. Ltd. Vidyalankar College Road, Antop Hill, Wadala (E), Mumbai 400037 at 11:00 a.m. to transact the following business:

ORDINARY BUSINESS

1. ADOPTION OF AUDITED FINANCIAL STATEMENTS

To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended 31[st] March 2025, the Reports of the Board of Directors and Auditors thereon.

2. APPOINTMENT OF DIRECTOR OR RETIREMENT BY ROTATION

“RESOLVED THAT in accordance with the provisions of Section 152 and other applicable provisions, if any, of the Companies Act, 2013, and the rules made thereunder, including any amendments(s) reenactment(s) thereof, for the time being in force, based on the recommendation of Board of Directors, Shri. Chandmal Parasmal Goliya (DIN 00167842) who retires by rotation, and being eligible, has offered himself for re-appointment, be and is hereby appointed as Director of the company, liable to retire by rotation.”

3. APPOINTMENT OF M/S. CHHAJED & DOSHI CHARTERED ACCOUNTANTS AS A STATUTORY AUDITOR OF THE COMPANY FOR THE PERIOD OF 5 YEARS.

To consider and if thought fit, pass the following resolution as Ordinary Resolution.

“RESOLVED THAT pursuant to the provisions of Sections 139, 142 of the Companies Act, 2013 (“Act”) and other applicable provisions, if any, of the said Act and Companies (Audit and Auditors) Rules, 2014 and other provisions, if any, under the said Act (including any statutory modification(s) or re-enactment thereof for the time being in force) M/s. CHHAJED & DOSHI, Chartered Accountants (Firm Registration No. 107179W) be and is hereby appointed as the Statutory Auditors of the Company for a term of 5 (five) consecutive years commencing from the conclusion of this Annual General Meeting upto the conclusion of the Annual General Meeting to be held in the Financial Year ended March 31, 2030 at a remuneration to be fixed by the Board of Directors, in addition to the re-imbursement of applicable taxes and actual out of pocket and travelling expenses incurred in connection with the audit.”

RESOLVED FURTHER THAT the Board of Directors be and is hereby authorized to do all such acts, deeds, matters and things as may be considered necessary, desirable and expedient for giving effect to this Resolution and / or otherwise considered by them to be in the best interest of the Company.”

4. APPOINTMENT OF SECRETARIAL AUDITOR, CS NISHI JAIN, PRACTICING COMPANY SECRETARY, FOR A TERM OF 5 CONSECUTIVE YEARS i.e. FROM THE FINANCIAL YEAR 2025-26 TO FINANCIAL YEAR 2029-30.

To consider and if though fit, pass the following resolution as an Ordinary Resolution.

“RESOLVED THAT pursuant to the provisions of Section 204 and other applicable provisions, if any, of the Companies Act, 2013 (“the Act”) read with Rule 9 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 (including any statutory modification(s) or re-enactment(s) thereof, and for the time being in force) and Regulation 24A & other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) read with Circulars issued thereunder from time to time, and subject to the approval of the board resolution dated 15 May, 2025 the consent of the members be and is hereby accorded, CS Nishi Jain, Practicing Company Secretary, (COP No: 8429) and (Membership No.: ACS 22386) be and is hereby appointed as Secretarial Auditor of the Company for a term of 5 consecutive years i.e. from the financial year 2025-26 to financial year 2029-30.

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AN ISO 9001:2015 COMPANY

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RESOLVED FURTHER THAT Mr. Chandmal Parasmal Goliya, the Whole-Time-Director of the Company be and is hereby authorized to fix the remuneration plus applicable taxes and out-of-pocket expenses payable to her during her tenure as the Secretarial Auditor of the Company.

RESOLVED FURTHER THAT Mr. Chandmal Parasmal Goliya, the Whole-Time-Director or Ms. Amruta Lokhande, Company Secretary of the company be and are hereby severally authorized to do all such acts, deeds, matters and things in order to give effect to the above resolution and to file necessary e-forms with the Registrar of Companies or with such other authorities, if required any on behalf of the Company.”

SPECIAL BUSINESS

5. TO CONSIDER AND APPROVE THE RE-APPOINTMENT MR. NAVIN CHANDMAL GOLIYA (DIN: 00164681), AS WHOLE TIME DIRECTOR OF THE COMPANY, FOR A PERIOD OF 5 YEARS.

To consider and, if thought fit, to pass the following resolution as a Special Resolution:

The Board proposed to re-appoint Mr. Navin Chandmal Goliya as whole time director of the company, for a period of 5 years. In this regards the following Resolution was passed:

“RESOLVED THAT pursuant to the provisions of Section 152, 196, 197, 203 and any other applicable provisions of the Companies Act, 2013 and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 (including any statutory modification(s) or re-enactment thereof for the time being in force), read with Schedule V to the Companies Act, 2013 and Articles of Association of the Company and based on recommendation of Nomination and Remuneration Committee, and subject to the approval of the board resolution dated 13 August, 2025 the consent of the members be and is hereby accorded, to re-appoint Mr. Navin Chandmal Goliya (DIN: 00164681) as Whole-time Director of the Company for a period of five years with effect from 01[st ] October, 2025 at a remuneration at the scale of Rs 3,15,000/- per month w.e.f. 01[st] October, 2025 or any increase as approved by the board during the period of said appointment with all other perquisites/benefits as are applicable to the other Senior Members of the Staff and shall be valued as per applicable Income Tax Act and Rules.

RESOLVED FURTHER THAT in the absence of profits or inadequacy of profits in any financial year, remuneration will be paid in accordance with the provisions of Schedule V –Section II- Part- II of Companies Act, 2013 and (including any statutory modification(s) or re-enactment thereof for the time being in force).

“RESOLVED FURTHER THAT Shri. Chandmal Parasmal Goliya (DIN 00167842) Whole-time director of the company be and is hereby authorized to sign and file requisite e-form DIR-12 with make necessary entries in the statutory records and register of the company in Registrars of Companies and to do all other deeds, things and acts that are necessary return and declaration and to relation to the appointment as whole time director of the company.

6. TO CONSIDER AND APPROVE THE APPOINTMENT OF MRS. MILLI NAVIN GOLIYA (DIN: 00164764) AS DIRECTOR (NON-EXECUTIVE DIRECTOR) ON THE BOARD OF THE COMPANY, FOR A PERIOD OF 5 YEARS.

To consider and, if thought fit, to pass the following resolution as a Special Resolution:

“RESOLVED THAT pursuant to the Provisions of Section 152 of the Companies Act, 2013 read with rule 8, 9, and 14 of the Companies (Appointment and Qualification of Directors) Rules, 2014 and any other applicable provisions of the Companies Act, 2013 read with Article of the Articles of Association of the Company. On behalf and on recommendation of the Board of Directors, Mrs. Milli Navin Goliya (DIN: 00164764) was appointed as an Additional Director (Non-executive Director) by the Board of Directors of

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AN ISO 9001:2015 COMPANY

the company with effect from 13[th] August, 2025 to hold office upto the date of Annual General Meeting, be and is hereby appointed as Non-Executive Director, to hold office for a term of upto 5 consecutive years.”

RESOLVED FURTHER THAT , Mrs. Milli Navin Goliya (DIN: 00164764), be and is hereby authorized to sign all the Statutory Forms, Deeds, Agreement, Filing Returns and all those Documents with reference to the Government dealings in terms of GST, Tax Returns and other Statutory Documents etc. on behalf of the Company as he is being entrusted with substantial powers that are required for running the Company.

“RESOLVED FURTHER THAT Shri Chandmal Parasmal Goliya, Whole Time Director of the Company be and is hereby authorised to sign and file requisite e-form DIR-12 and necessary documents with the Registrar of Companies and make entries, as appropriate, in the Register of the Company.”

By Order of the Board

Sd/-

Amruta Lokhande Company Secretary

Registered Office :

C-325, 3rd Floor, Antop Hill Warehousing Co. Ltd., Vidyalankar College Road, Antop Hill, Wadala (E), Mumbai 400037 Place - Mumbai Date – 13-08-2025

NOTES:

• (1) The Ministry of Corporate Affairs (“MCA”) vide its General Circular No. 14/2020 dated April 8, 2020, the General Circular No. 17/2020 dated April 13, 2020, General Circular No. 20/2020 dated May 5, 2020, General Circular No. 39/2020 dated December 31,2020, General Circular No 02/2021 dated January 13, 2021, General Circular No.19/2021 dated December 08, 2021, General Circular No. 21/2021 dated December 14,2021, General Circular No. 2/2022 dated May 05, 2022 and General Circular No.10/2022 dated December 12, 2022 all issued by the Ministry of Corporate, Government of India and other circulars issued in this respect (“MCA Circulars”) allowed, inter-alia, conduct of AGMs through Video Conferencing/ Other AudioVisual Means (“VC/OAVM”) facility on or before 30th September 2023, in accordance with the requirements provided in paragraphs 3 and 4 of the MCA General Circular No.20/2020. Securities and Exchange Board of India (SEBI) also vide its Circular No. SEBI/HO/CFD/CMD2/CIR/P/2021/11 dated 15th January, 2021, Circular No. SEBI/HO/CFD/CMD2/CIR/P/2022/62 dated 13th May, 2022 and Circular No.SEBI/HO/CFD/PoD-2/P/CIR/2023/4 dated 5th January 2023 (“SEBI Circular”) has provided certain relaxations from compliance with certain provisions of the SEBI(Listing Obligations and Disclosure Requirements Regulations, 2015 (“Listing Regulations”). In compliance with these Circulars, provisions of the Companies Act, 2013 (“Act") and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulation”), the 42[ND] AGM of the Company is not being convened and conducted through VC/OAVM, which require physical presence of members at the venue.

• (2) A Member entitled to attend and vote at the Annual General Meeting (the “Meeting”) is entitled to appoint Proxy to attend and vote on a poll instead of himself/herself and the Proxy so appointed need not be a Member of the Company. The instrument appointing the Proxy in order to be effective must be duly filed in all respects and should however, be deposited at the Registered Office of the Company not less than 48

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AN ISO 9001:2015 COMPANY

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(forty-eight) hours before the commencement of the Meeting.

Members are requested to note that a person can act as a proxy on behalf of Members not exceeding 50 (fifty) and holding in the aggregate not more than ten percent of the total share capital of the Company carrying Voting Rights. A Member holding more than ten percent of the total Share Capital of the Company, carrying voting rights may appoint a single person as Proxy and such person shall not act as a Proxy for any other person or Shareholder.

• (3) Institutional/Corporate Members intending to send their Authorised Representatives to attend the Meeting pursuant to Section 113 of the Companies Act, 2013 are requested to send to the Company, a certified copy of the relevant Board Resolution together with their respective specimen signatures authorizing their representative(s) to attend and vote on their behalf at the Meeting.

• (4) A Statement pursuant to Section 102 (1) of the Companies Act, 2013, Secretarial Standard-2 on General Meetings and Regulation 36 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 in respect of Special Business of the Company is appended and annexed hereto

• (5) In compliance with the MCA Circulars and SEBI Circular dated May 12, 2020 and 15th January, 2021, Notice of the AGM along with the Annual Report 2024-25 is being sent only through electronic mode to those Members whose email addresses are registered with the Company/ Depositories. Members may note that the Notice and Annual Report 2024-25 will also be available on the Company’s website www.kusamelectrical.com, website of the Stock Exchanges i.e. BSE Limited at www.bseindia.com. Members are requested to support Green initiative by registering/ updating their e-mail addresses with the Depository Participant (in case of shares in dematerialized form) or with M/s. Satellite Corporate Services Pvt Ltd., the Registrar and Transfer Agent (“RTA”) of the Company (in case of shares held in physical form) for receiving all communication including Annual Report, Notices, Circulars, etc. from the Company electronically.

• (6) Members are requested to bring their attendance slips duly completed and signed mentioning therein details of their DP ID and Client ID/ Folio No. along with their copy of Annual Report to the Meeting. The Attendance slip is annexed with this Annual Report. Members, who hold shares in Electronic Form, are requested to bring their Depository ID Number and Client ID Number to facilitate their identification for recording attendance at the forthcoming Annual General Meeting.

• (7) In case of joint holders attending the Meeting, only such joint holder who is higher in the order of names will be entitled to vote.

• (8) In terms of Section 152 of the Companies Act, 2013 Shri Chandmal Parasmal Goliya (DIN 00167842), Director of the Company, retires by rotation at the Meeting and being eligible, offers himself for reappointment. The Board of Directors of the Company recommends his re-appointment. The brief profile of Shri Chandmal Parasmal Goliya (DIN 00167842), in terms of Regulation 36 (3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Secretarial Standards on General Meetings (SS-2) issued by the Institute of Company Secretaries of India, is annexed herewith.

• (9) The Ballot Form should be signed by the Member as per the specimen signature registered with the Company. In case the shares are jointly held, the Form should be completed and signed by the first named holder and in his/her absence, by the next named holder. Holders of Power of Attorney (“POA”) on behalf of a Member may vote on the Form mentioning the Registration No. of the POA registered with the Company or attach notarially attested copy of the POA. Unsigned Form will be rejected.

• (10) The Company has notified closure of Register of Members and Share Transfer Books from 19[th] September, 2025 to 26[th] September, 2025 (both days inclusive) for determining the names of Members eligible for dividend on Equity Shares, if declared at the Meeting.

• (11) Relevant documents referred to in the accompanying Notice and the Explanatory Statement shall be open for inspection at the Registered Office of the Company during normal business hours on all working days except, Sundays, up to and including the date of the Annual General Meeting of the Company.

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• (12)Members holding shares in electronic form may note that bank particulars registered against their respective Depository Accounts will be used by the Company for payment of Dividend. The Company or its Registrars and Transfer Agents, M/s. Satellite Corporate Services Private Limited cannot act on any request received directly from the Members holding shares in electronic form for any change of bank particulars or Bank mandates. Such changes are to be advised only to the Depository Participant by the Members.

• (13) The Explanatory Statement setting out material facts, pursuant to Section 102 of the Companies Act, 2013, Secretarial Standard-2 on General Meetings and Regulation 36 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 in respect of the Special Business under Item No.3 of the accompanying Notice is annexed hereto.

• (14) Members, holding shares in physical form, are requested to notify changes in address, if any, to the Registrars of the Company immediately, quoting their folio numbers. Members, holding shares in dematerialized form, should send the above information to the respective Depository Participants.

• (15) Members are requested to quote their Registered Folio No. on all correspondence with the Company.

• (16) Members desirous of getting any information in relation to the Company’s Annual Report 2024-25 are requested to address their query (ies) well in advance, i.e. at least 10 days before the Meeting, to the Secretary of the Company to enable the Management to keep the information readily available at the Meeting.

• (17) As per the provisions of Section 72 of the Companies Act, 2013 and Rule 19(1) of the Companies (Shares Capital and Debentures) Rules, 2014 as amended from time to time, Members holding shares in single name and in physical form are advised to make nomination in respect of shareholding in the Company. Members can avail of the Nomination facility by filing Form SH-13 with the Company or its Registrar. Blank forms will be supplied on request. In case of shares held in Demat form, the nomination has to be lodged with their DP.

• (18) Non-Resident Indian Members are requested to inform M/s. Satellite Corporate Services Private Limited, immediately of:

• (a) Change in their residential status on return to India for permanent settlement.

• (b) Particulars of their bank account maintained in India with complete name, branch, account type, account number and address of the bank with pin code number, if not furnished earlier.

• (19) Electronic Copy of the Annual Report 2024-25 is being sent to those Members whose e-mail addresses are registered with the Company / Depositories for communication purpose, unless any Member has requested for a physical copy of the same. For Members who have not registered their e-mail addresses, physical copies of the Annual Report are being sent in the permitted mode. Members may note that this Annual Report will also be available on the Company’s website at www.kusamelectrical.com.

• (20) Members who hold shares in physical form in multiple folios in identical names or joint holding in the same order of names are requested to send the share certificates to M/s. Satellite Corporate Services Private Limited, for consolidation into a single folio.

• (21) The Securities and Exchange Board of India (SEBI) has mandated the submission of Permanent Account Number (PAN) by every participant in securities market. Members holding shares in electronic form are, therefore, requested to submit the PAN to their Depository Participants with whom they are maintaining their demat accounts(s). Members holding shares in physical form can submit their PAN details to M/s. Satellite Corporate Services Private Limited, - A Wing, office no. 106 and 107, Dattani Plaza Andheri Kurla Road, East west Ind estate Sakinaka, Mumbai-40007

• (22) The requirement to place the matter relating to appointment of Auditors for ratification by members at every Annual General Meeting is done away with vide notification dated 7th May, 2018 issued by the Ministry of Corporate Affairs, New Delhi. Accordingly, no Resolution is proposed for ratification of appointment of Auditors, who were appointed in the Annual General Meeting held on 31st October, 2020.

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• (23) Details of the Director retiring by rotation and seeking Re-appointment at the 42[nd] Annual General Meeting of the Company [in pursuance to Regulation 36 (3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 and Secretarial Standard-2 on General Meetings]:

Name of Director	Shri Chandmal Parasmal Goliya (DIN 00167842)
Date of Appointment Date of Re-Appointment	24/07/2001 27/09/2023
Directorship Identification Number	(DIN 00167842)
Designation	Whole Time Director
Date of Birth & Age	10-08-1945 Age- 80 years
Qualification	B.E., M.I.E, C.E.(I)
Expertise in specific functional area and years	He has a wide industry experience in the field of the Company. Overall Management
List of Other Directorship held	1.KUSAM-MECO IMPORT EXPORT PRIVATE LIMITED 2. MAHAVIRINSTRUMENTATION PVT LTD 3. KUSAMELECTRICAL INSTRUMENTS LLP
Chairman/Member of the Committees of the Board of Directors of the Company
Chairman/Member of the Committee(s) of Board of Directors of other Companies in which he is a Director
Shareholding in the Company	85,800 (35.75%)

• (24) Members who have not registered their e-mail addresses so far are requested to register their e-mail address for receiving all communication including Annual Report, Notices, Circulars, etc. from the Company electronically.

• (25) As per Regulation 40 of SEBI Listing Regulations, as amended, securities of listed entities can be transferred only in dematerialized form with effect from April 1, 2019, except in case of request received for transmission or transposition of securities. In view of this, and to eliminate all risks associated with physical shares and for ease of portfolio management, members holding shares in physical form are requested to consider converting their holdings to dematerialized form. Members can contact the Registrar and Share Transfer Agent or the Company for any assistance in this regard.

• (26) All documents referred to in the Notice and the Explanatory Statement shall be open for inspection at the Registered Office of the Company during office hours on all working days between 11.00 a.m. to 1.00 p.m. up to the date of declaration of the result of the Annual General Meeting of the Company.

• (27) The route map showing directions to reach the venue of the 42[nd] AGM is annexed herewith the Notice.

E-Voting:

The Company is pleased to provide E-voting facility through Central Depository Services (India) Limited (CDSL) as an alternative, for all members of the Company to enable them to cast their votes electronically on the resolutions mentioned in the notice of 42[nd ] Annual General Meeting of the Company dated on 26[th ] September, 2025 (the AGM Notice). The Company has appointed Dr. S K Jain, Practicing Company Secretary, as the Scrutinizer for conducting the e-voting process in a fair and transparent manner. E-voting is optional.

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(1) Voting through electronic means

• i. In compliance with provisions of Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014, as amended by the Companies (Management and Administration) Amendment Rules, 2015 and Clause 35B of the Listing Agreement, the Company is pleased to provide members facility to exercise their right to vote at the Annual General Meeting (AGM) by electronic means and the business may be transacted through e- Voting Services provided by Central Depository Services Limited (CDSL)

• ii. Members who have cast their votes by remote e-voting prior to the meeting may also attend the meeting but shall not be entitled to cast their vote again at the meeting.

(2) The procedure and instructions for E-voting are as follows:

• i. The voting period begins from 9.00 a.m. (Starting Time) on Tuesday, 23[rd] September, 2025 and ends at 5.00 p.m. (Ending Time) on Thursday, 25[th] September, 2025. During this period Shareholders' of the Company, holding Shares either in physical form or in dematerialized form, as on the cut-off date 19[th] September, 2025, may cast their vote electronically. The E-voting module shall be disabled by CDSL for voting at the Ending Time.

• ii. Open your web browser during the voting period and log on to the E-voting website www.evotingindia.com;

• iii. Click on “Shareholders” tab to caste your votes; iv. Now, select the “COMPANY NAME” from the drop down menu and click on “SUBMIT;

• v. Now Enter your User ID a) For Shareholder holding De-materialised Shares in CDSL: 16 digits beneficiary ID,

b) For Shareholder holding De-materialised Shares in NSDL: 8 Character DP ID followed by 8 Digits Client ID, c) Members holding shares in Physical Form should enter Folio Number registered with the Company. vi. Enter the image Verification as displayed and Click on Login vii. If you are holding shares in Demat form and had logged on to www.evotingindia.com and voted on an earlier voting of any Company, then your existing password is to be used. viii. If you are a first time user follow the steps given below: For Members holding shares in Demat Form and Physical Form PAN Enter your 10 digit alpha-numeric *PAN issued by Income Tax Department (Applicable for both demat shareholders as well as physical shareholders) • Members who have not updated their PAN with the Company/Depository Participant are requested to use the first two letters of their name and the 8 digits of the folio number or client ID in the PAN Field. • In case the folio number or client ID is less than 8 digits enter the applicable number of 0’s before the number after the first two characters of the name in CAPITAL letters. Eg. If your name is Ramesh Kumar with folio number 100 then enter RA00000100 in the PAN Field. DOB Enter the Date of Birth as recorded in your demat account or in the Company records for the said demat account or folio in dd/mm/yyyy format.	b) For Shareholder holding De-materialised Shares in NSDL: 8 Character DP ID followed by 8 Digits Client ID, c) Members holding shares in Physical Form should enter Folio Number registered with the Company. vi. Enter the image Verification as displayed and Click on Login vii. If you are holding shares in Demat form and had logged on to www.evotingindia.com and voted on an earlier voting of any Company, then your existing password is to be used. viii. If you are a first time user follow the steps given below: For Members holding shares in Demat Form and Physical Form PAN Enter your 10 digit alpha-numeric *PAN issued by Income Tax Department (Applicable for both demat shareholders as well as physical shareholders) • Members who have not updated their PAN with the Company/Depository Participant are requested to use the first two letters of their name and the 8 digits of the folio number or client ID in the PAN Field. • In case the folio number or client ID is less than 8 digits enter the applicable number of 0’s before the number after the first two characters of the name in CAPITAL letters. Eg. If your name is Ramesh Kumar with folio number 100 then enter RA00000100 in the PAN Field. DOB Enter the Date of Birth as recorded in your demat account or in the Company records for the said demat account or folio in dd/mm/yyyy format.
	For Members holding shares in Demat Form and Physical Form
PAN	Enter your 10 digit alpha-numeric *PAN issued by Income Tax Department (Applicable for both demat shareholders as well as physical shareholders) • Members who have not updated their PAN with the Company/Depository Participant are requested to use the first two letters of their name and the 8 digits of the folio number or client ID in the PAN Field. • In case the folio number or client ID is less than 8 digits enter the applicable number of 0’s before the number after the first two characters of the name in CAPITAL letters. Eg. If your name is Ramesh Kumar with folio number 100 then enter RA00000100 in the PAN Field.
DOB	Enter the Date of Birth as recorded in your demat account or in the Company records for the said demat account or folio in dd/mm/yyyy format.

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Dividend Bank Details

Enter the Dividend Bank Details as recorded in your demat account or in the Company records for the said demat account or folio. Members who have not registered their Dividend Bank Details kindly enter no of shares held as on holding or cutoff date. • Please enter the DOB or Dividend Bank Details in order to login. If the details are not recorded with the depository or Company please enter the no. of shares held as on cut off date i.e. 19/09/2025 in the Dividend Bank details field.

• ix. After entering these details appropriately, click on “SUBMIT” tab;

• x. Members holding shares in physical form will then reach directly the Company selection screen. However, members holding shares in demat form will now reach 'Password Creation' menu wherein they are required to mandatorily enter their login password in the new password field. Kindly note that this password is to be also used by the demat is for voting for resolutions of any other Company on which they are eligible to vote, provided that Company opts for E-voting through CDSL platform. It is strongly recommended not to share your password with any other person and take utmost care to keep your password confidential.

• xi. For Members holding shares in physical form, the details can be used only for E-voting on the resolutions contained in this Notice.

• xii. Click on the relevant EVSN on which you choose to vote.

• xiii. On the voting page, you will see Resolution Description and against the same the option “YES/NO” for voting. Select the option YES or NO as desired. The option YES implies that you Assent to the Resolution and option NO implies that you Dissent to the Resolution.

• xiv. Click on the “Resolutions File Link” if you wish to view the entire Resolutions

• xv. After selecting the resolution you have decided to vote on, click on “SUBMIT”. A confirmation box will be displayed. If you wish to confirm your vote, click on “OK”, else to change your vote, click on “CANCEL” and accordingly modify your vote.

• xvi. Once you “CONFIRM” your vote on the resolution, you will not be allowed to modify your vote.

• xvii. You can also take out print of the voting done by you by clicking on “Click here to print” option on the Voting page.

• xviii. If Demat account holder has forgotten the changed password then enter the User ID and Image Verification Code and click on Forgot Password & enter the details as prompted by the system.

• xix. Note for Institutional Shareholders

• Institutional Shareholders (i.e. other than Individuals, HUF, NRI etc.) are required to log on to https://www.evotingindia.co.in and register themselves as Corporates.

• They should submit a scanned copy of the Registration Form bearing the stamp and Sign of the entity to.

• After receiving the login details they have to create a user who would be able to link the account(s) which they wish to vote on.

• The list of accounts should be mailed to helpdesk.evoting@cdslindia.com and on approval of the accounts they would be able to cast their vote.

• They should upload a scanned copy of the Board Resolution and Power of Attorney (POA) which they have issued in favour of the Custodian, if any, in PDF format in the system for the Scrutinizer to verify the same.

• xx. In case you have any queries or issues regarding E-voting, you may refer the Frequently Asked Questions (“FAQs”) and E-voting manual available at www.evotingindia.co.in under help section or write an email to helpdesk.evoting@cdslindia.com.

• xxi. Dr. S. K. Jain, Practicing Company Secretary (FCS No. 1473) (COP No. 3076) has been appointed as the Scrutinizer to scrutinize the polling and e-Voting process in a fair and transparent manner.

The Scrutinizer shall, immediately after the conclusion of voting at the Annual General Meeting, first count the votes cast at the meeting and thereafter unblock the votes cast through remote e-voting in the presence of at least two witnesses not in the employment of the Company and shall make, within 2 (Two) working days

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of the conclusion of the AGM, a Scrutinizer’s Report of the total votes cast in favour or against, if any, to the Chairman or to a person authorised by the Chairman in writing, who shall countersign the same and declare the Result of the voting forthwith.

• xxii. Corporate / Institutional Member (other than individuals / HUF, NRI, etc.) are required to send a scanned copy (PDF/JPG Format) Certified True Copy of the relevant Board or governing body Resolution/Authorization etc., authorizing its representative to attend the AGM through VC / OAVM on its behalf and to vote through Remote e-Voting. The said Resolution / Authorization shall be sent to the Company at Email ID https://www.kusamelectrical.com/

• xxiii. The voting rights of the Members shall be in proportion to their Shares of the Paid up Equity Share Capital of the Company as on the cut-off date of 19[th] September, 2025.

A Member can opt for only one mode of voting i.e. either through E-voting or by Physical Ballot. If a Member casts votes by both modes, then voting done through E-voting shall prevail and Ballot shall be treated as invalid.

The Scrutinizer will submit his Report of the votes cast in Favour or against by the Shareholders both by way of Physical Postal Ballot and E-voting, forthwith to the Chairman of the Company. The Results shall be declared on or after the AGM of the Company. The Results declared along with the Scrutinizer's Report shall be placed on the Company's website www.kusamelectrical.com and on the website of CDSL within 2 (two) working days of the Resolutions at the AGM of the Company and shall be communicated to the BSE Ltd. where the Shares of the Company are listed.

EXPLANATORY STATEMENT PURSUANT TO SECTION 102 (1) OF THE COMPANIES ACT, 2013

The following Explanatory Statements, as required under Section 102 of the Companies Act, 2013, set out all material facts relating to the business under Item No. 5, of the accompanying Notice dated 13 August 2025.

ITEM NO. 5

Shri Navin Chandmal Goliya, aged 48 years, is a Whole-time Director of the Company and having rich experience in the Company Line of business and industry experience in the field of the Company is carrying on. His current term of appointment as a Whole-time Director of the Company will expire 30th September, 2025. He has excellent grasp and thorough knowledge and experience of engineering. His knowledge of various aspects relating to the Company’s affairs and long business experience, the Board of Directors is of the considered opinion that for smooth and efficient running of the business, the services of Shri Navin Chandmal Goliya should be available to the Company for a further period of Five years with effect from October 01, 2025. In terms of the provisions of the Companies Act, and the Articles of Association of the Company, the Board of Directors have, at their meeting held on 13th August, 2025, re-appointed him as Whole-time Director of the Company for a further period of Five years with effect from October 01, 2025 on the Remuneration of Rs 3,15,000 per month. In case, the Company has no profits or its profits are inadequate, then the Remuneration shall be paid to him in accordance with the provisions of the Companies Act, 2013 read with Schedule V of the Act.

Following are the details of the salary (payable monthly) proposed to be paid to Shri Navin Chandmal Goliya Whole-time Director: - Basic Salary Rs. 3,15,000/- per month.

In addition to the above, he shall be entitled to receive the following: -

1. Basic Salary: Rs.3,15,000/- (Rupees Three Lac Fifteen Thousand only) per month.

2. Medical Expenses Reimbursement: Reimbursement of medical expenses incurred on him and his family to an extent of 20% of the Total Basic Salary.

3. Leave Travel Allowance: For him and his family once in a year to an extent of 30% of the Total Basic Salary.

4. Bonus as per the Rules of the Company.

5. Medical Insurance coverage of Rs. 8 Lacs for him and his family.

6. Accident Insurance coverage of Rs.1 Crore for him and his family.

42[ND] Annual Report 2024-25

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AN ISO 9001:2015 COMPANY

1. Gratuity: Gratuity shall be as per the Company Rules.

2. Leave Entitlement & Encashment: Leave entitlement shall be as per the Company Rules. He shall be permitted to encash unavailed leave.

3. Conveyance: Provision of car for Company’s business which includes fuel and other charges.

4. Telephone: Reimbursement of expenses incurred on telephone at residence and cell phones.

5. Club’s membership fees: Reimbursement of membership fee for the club’s, including yearly/ life membership fee.

BRIEF PROFILE OF MR. NAVIN CHANDMAL GOLIYA (DIN: 00164681)

S.No.	Particulars	Description
1.	Name of the Director	Mr. Navin Chandmal Goliya (DIN: 00164681)
2.	Address of the Director	A-72, Chinar Apartment, R. A. Kidwai Road, Wadala, Mumbai -400031
3.	Date of Birth & Age	21-12-1977 Age-48 years
4.	Qualification	B.E. Bachelor degree in Engineering in Electronics.
5.	Date of Appointment	11.02.2019
6.	Director Name Designation (Director Identification Number)	Mr. Navin Chandmal Goliya Whole Time Director (DIN: 00164681)
7.	Brief profile	Mr. Navin Chandmal Goliya (DIN: 00164681) He has done a Bachelor degree in Engineering in Electronics. He has a wide industry experience in the field of the Company. His immense knowledge in the field of electronic engineering helps the company in various ways.

Accordingly, the Board recommends the passing of the Special resolution as set out in the item no. 5 of the Notice.

Your directors recommend the resolution at item no. 5 for your approval.

Mr. Navin Chandmal Goliya (DIN: 00164681), Shri Chandmal Parasmal Goliya (DIN 00167842) and Mrs. Milli Navin Goliya (DIN: 00164764) is interested in the resolution since it pertains to his re-appointment.

None of the other directors or key managerial personnel of the Company or their relatives are in any way concerned or interested in the said resolution.

ITEM NO. 6

The following Explanatory Statements, as required under Section 102 of the Companies Act, 2013, set out all material facts relating to the business under Item No. 6, of the accompanying Notice dated 13[th ] August 2025.

Mrs. Milli Navin Goliya (DIN: 00164764) as an Additional Director (non-executive director) on the board of the company, for a period of 5 years with effect from 13[th] August, 2025 to 12[th] August, 2030.”

Mrs. Milli Navin Goliya (DIN: 00164764) was appointed as an Additional Director (non-executive director) with effect from 13th August, 2025. As an Additional Director Mrs. Milli Navin Goliya holds office up to the date of the ensuing Annual General Meeting and being eligible, offers herself for appointment as a Director to be Designated as a Director. The Company has received a notice in writing from a member under Section 160 of the Companies Act, 2013 signifying his intention to propose her candidature for the office of Director, and subject to the approval of the board resolution dated 13 August, 2025 be and is hereby appointed as Director of the Company liable to retire by rotation.

42[ND] Annual Report 2024-25

AN ISO 9001:2015 COMPANY

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BRIEF PROFILE OF MRS. MILLI NAVIN GOLIYA (DIN: 00164764)

S.No.	Particulars	Description
1.	Name of the Director	Mrs. Milli Navin Goliya (DIN: 00164764)
2.	Address of the Director	A-72, Chinar Apartment, R. A. Kidwai Road, Wadala, Mumbai - 400031
3.	Date of Birth & Age	19-12-1981 Age-44 years
4.	Qualification	B.Com
3.	Date of Appointment	13.08.2025
4.	Director Name Designation (Director Identification Number)	Mrs. Milli Navin Goliya Director (Non-executive Director) (DIN: 00164764)
5.	Brief profile	Mrs. Milli Navin Goliya (DIN: 00164764) She has done Bachelor degree in Commerce. She has an industry experience in the field of the Company. She has great management skills in finance, accounting and her experience will help the company in various ways.

Accordingly, the Board recommends the passing of the Special resolution as set out in the item no. 6 of the Notice.

Your directors recommend the resolution at item no. 6 for your approval.

Mrs. Milli Navin Goliya (DIN: 00164764), Mr. Navin Chandmal Goliya (DIN: 00164681) and Shri Chandmal Parasmal Goliya (DIN 00167842) is interested in the resolution since it pertains to his appointment.

None of the other directors or key managerial personnel of the Company or their relatives are in any way concerned or interested in the said resolution.

For, Kusam Electrical Industries Ltd.

Sd/Amruta Lokhande Company Secretary

Registered Office : C-325, 3rd Floor, Antop Hill Warehousing Co. Ltd., Vidyalankar College Road, Antop Hill, Wadala (E), Mumbai 400037 PLACE: Mumbai DATE: 13[th] August, 2025

42[ND] Annual Report 2024-25