Pansari Developers Limited — AGM Information 2025

Sep 23, 2025

RAJSHREE Digitally signed by RAJSHREE SOMANI SOMANI Date: 2025.09.23 15:30:39 +05'30'

SUMMARY OF PROCEEDINGS OF 29[TH] ANNUAL GENERAL MEETING (AGM) OF PANSARI DEVELOPERS LIMITED HELD AT 1.00 P.M (IST) ON TUESDAY, 23[TH] SEPTEMBER, 2025:

The 29[th] AGM of the Company was held on Tuesday, 23th September 2025 at 1.00 P.M at its Registered Office at 14, N S Road, 4[th] Floor, and Kolkata 700001. The Meeting commenced at 1.00 PM (IST) and concluded at about 2:00 PM (IST). A total of 37 Members attended the Meeting, comprising 17 Promoters and 20 Public Shareholders (including 3 represented by Proxy).

PRESENT

Sr No	Name	Designation
1	Mr. Ankit Agarwal	Chairman & Whole Time Director
2	Mr. Mahesh Kumar Agarwal	ManagingDirector
3	Mr. Manoj Agrawal	Independent (Non Executive Director), Chairman of the Nomination & Remuneration Committee and Stakeholder RelationshipCommitee
4	Mr. Debasish Bal	Independent Director (Non-Executive Director), Chairman of the Audit Committe
5	Mrs. Garima Agarwal	Independent Director(Non-Executive Director).
6	Ms. Shreya Agarwal	Non-Executive Director
7	Mrs. Kavita Agarwal	Chief Financial Officer

Mr. Ankit Agarwal, Whole-time Director and Chairman of the Company, chaired the Meeting. The Chairman welcomed the Members and, upon ascertaining that the requisite quorum was present, called the Meeting to order.

Representatives of M/s.Garv & Associates, the statutory auditor of the Company and Mr. Prakash Kumar Shaw, Practicing Company Secretaries, the Scrutinizer, was also present at the meeting.

The Whole-time Director and Chairman, Mr. Ankit Agarwal discussed about the Operational, Current and future Key aspects of the Company and the initiatives to be undertaken for the Success and growth of the Company.

Mr. Ankit Agarwal, Whole Time Director, Chairman of the Company delivered his speech to the Shareholders of the Company. He informed the members that pursuant to the provisions of Section 108 of the Act read with Rule 20 of the Companies (Management and Administration) Rules, 2014 and Regulation 44 of SEBI Listing Regulations, the Company had engaged NSDL & CDSL to provide remote e-voting facility which commenced on Saturday, 20th September 2025, (10:00 A.M IST) and ended on Monday, 22nd September 2025 (05:00 P.M IST). He also informed that the members who have not cast their vote by means of remote e-voting, will be able to exercise their right to vote up to the conclusion of the meeting.

With the consent of the Members present, the Notice convening the AGM and the Auditor's Report for the financial year ended March 31, 2025 were taken as read. There were no qualifications, observations or adverse remarks in the reports of the Statutory Auditor and Secretarial Auditor.

The following item of business, as per the Notice of AGM was transacted at the meeting:

ORDINARY BUSINESS:

1. To receive, consider and adopt the Audited Financial Statements of the Company (including Audited Consolidated Financial Statements) for the Financial Year ended March 31, 2025 together with the Reports of the Board of Directors and Auditors thereon.

2. To appoint a Director in place of Ms. Shreya Agarwal (DIN: 09325927) who retires from office by rotation but being eligible, offers herself for re-appointment.

3. To re-appoint M/s. Garv & Associates, (Firm Registration No. 301094E). Chartered Accountants as Statutory Auditors of the Company to hold the office for a period from this Financial Year until the conclusion of the 30[th] Annual General Meeting of the Company and to authorize the Board of Directors of the Company to fix their remuneration”.

SPECIAL BUSINESS:

1. To consider the increase in threshold of loans/ guarantees, providing of securities and making of investments in securities under section 186 of the companies act, 2013.

2. To consider the approval for material related party transaction(s)

3. To appointment M/s. Prakash Shaw & Co., Practicing Company Secretaries as secretarial auditor of the company for the FY 2025-26 till FY 2029-30.

The voting rights of the Members were reckoned based on the number of shares held by them as on the ‘cut-off’ date i.e., Tuesday, 16th September 2025. M/s Prakash Kumar Shaw & Co Practicing Company Secretary (C.PNo: 16239), Kolkata, was appointed as the scrutinizer for the purpose of scrutinizing the process of remote e-voting and e-voting during the Meeting in a fair and transparent manner.

All the items of business for consideration at the 29[th] Annual General Meeting, as set out in the Notice dated 12th August 2025 have been passed by the Members by the requisite majority through remote e-Voting and Polling .

He further informed the Members that the consolidated results of the voting and the report of the Scrutinizer will be communicated to the stock exchanges viz National Stock Exchange of India Ltd, where the shares of the Company are listed and will also be placed by the Company on its’ website at www.pansaridevelopers.com.

The Chairman invited the members to express the view and seek clarification, if any, on the item of Business, as per Notice of AGM.

The meeting then concluded with vote of thanks.

Thanking You, Yours Faithfully, For PANSARI DEVELOPERS LIMITED RAJSHREE Digitally signed by RAJSHREE SOMANI SOMANI Date: 2025.09.23 15:30:57 +05'30' Rajshree Somani Company Secretary & Compliance Officer Mem. No.: A61410