VST Industries Ltd. — AGM Information 2025

Jul 23, 2025

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VST Industries Limited

July 23, 2025

The General Manager Department of Corporate Services BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort Mumbai – 400001

The Manager Listing Department National Stock Exchange India Ltd. "Exchange Plaza" Bandra Kurla Complex, Bandra (E) Mumbai - 400 051

STOCK CODE: 509966

STOCK SYMBOL : VSTIND

Dear Sir/Madam,

Sub : Proceedings of the 94[th] Annual General Meeting

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations , 2015, we enclose herewith the details regarding the proceedings of the 94[th] Annual General meeting (AGM) of the Company held today viz., 23[rd] July, 2025 through Video Conference. The AGM commenced at 10.00 a.m. (IST) and concluded at 12.15 p.m. (IST).

Thanking you,

Yours faithfully For VST INDUSTRIES LIMITED

PHANI KUMAR Digitally signed by PHANI KUMAR MANGIPUDI MANGIPUDI Date: 2025.07.23 16:22:20 +05'30' PHANI MANG1PUDI Company Secretary & Vice President-Legal & Secretarial

Encl : As above

Registered Office: Azamabad, Hyderabad – 500 020; Phone: 91-40-27688000; Fax:91-40-27615336; CIN: L29150TG1930PLC000576; Email:corporate@vstind.com; website: www.vsthyd.com

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VST Industries Limited

Summary of proceedings of the 94[th] Annual General Meeting

The 94[th] Annual General Meeting (AGM) of the Members of VST Industries Limited was convened at 10.00 a.m. (IST) on Wednesday, 23[rd] July, 2025 through video conference. Mr. Phani Mangipudi, Company Secretary highlighted the points for participation in the AGM. Mr. Naresh Kumar Sethi, Chairman of the Company, chaired the meeting. The requisite quorum being present as confirmed by the Company Secretary, the Chairman called the meeting to order. He introduced the Board Members and the Management team who participated in the AGM through video conference. The Chairman delivered his speech and then gave the opportunity to the registered speaker shareholders to ask questions or seek clarifications on the agenda items. The queries raised by the speaker shareholders and those received from the shareholders by email were replied. Thereafter, the Chairman explained the agenda items mentioned in Serial Nos. 1 to 9 of the Notice. The Chairman informed that the Company had provided the Members the facility to cast their vote electronically, on all resolutions set forth in the Notice. Members who had not cast their votes electronically during e-voting period, were provided an opportunity to cast their votes at the end of the meeting. The Chairman informed that the Statutory Auditors and the Secretarial Auditor had given unqualified reports for the financial year ended 31[st] March, 2025.

The Company Secretary informed the Members that Mr. B.V.Saravana Kumar, Practicing Company Secretary had been appointed as the Scrutinizer and who would report on the voting results of e-voting for each of the items as per the Notice of the AGM.

The following items of business as per the Notice of the 94[th] AGM were taken up at the Meeting :

Ordinary Business

1. Adoption of the Audited Financial Statements for the financial year ended 31[st] March, 2025 and the Reports of the Board of Directors and the Auditors-By Ordinary Resolution

2. Declaration of dividend of Rs.10/- per equity shares for the financial year ended 31[st] March, 2025-By Ordinary Resolution

3. Appointment of Mr. S. Thirumalai (DIN 00011899) who retires by rotation and offers himself for re-appointment and continuation of his directorship who has attained the age of 76 years -By Special Resolution.

Special Business

1. Appointment of Mr. Nellaiappan Thiruambalam (DIN 02121182) as an Independent Director-By Special Resolution.

2. Appointment of Mr. Alok Agarwal (DIN 08655585) as a Non-Executive Director-By Ordinary Resolution.

3. Appointment of Mr. Sanjay Wali (DIN 10868596) as Whole-time Director-By Ordinary Resolution.

4. Payment of remuneration to Mr. Naresh Kumar Sethi (DIN 08296486) apart from the remuneration payable to other Non-Executive Directors of the Company -By Ordinary Resolution.

Registered Office: Azamabad, Hyderabad – 500 020; Phone: 91-40-27688000; Fax:91-40-27615336; CIN: L29150TG1930PLC000576; Email:corporate@vstind.com; website: www.vsthyd.com

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VST Industries Limited

1. Payment of remuneration to Mr. S. Thirumalai (DIN 00011899) apart from the remuneration payable to other Non-Executive Directors of the Company -By Ordinary Resolution.

2. Appointment of M/s. Tumuluru and Company, Company Secretaries as the Secretarial Auditor of the Company – By Ordinary Resolution.

The Meeting was concluded at 12.15 P.M. (IST).

Yours faithfully For VST INDUSTRIES LIMITED

PHANI KUMAR Digitally signed by PHANI KUMAR MANGIPUDI MANGIPUDI Date: 2025.07.23 16:22:43 +05'30' PHANI MANG1PUDI Company Secretary & Vice President-Legal & Secretarial

Registered Office: Azamabad, Hyderabad – 500 020; Phone: 91-40-27688000; Fax:91-40-27615336; CIN: L29150TG1930PLC000576; Email:corporate@vstind.com; website: www.vsthyd.com