Apex Ecotech Limited convened its 1st Extraordinary General Meeting (EGM) on May 12, 2026, through Video Conferencing (VC) and Other Audio Visual Means (OAVM), in compliance with applicable circulars issued by the Ministry of Corporate Affairs and SEBI. The meeting commenced at 12:02 P.M. (IST) and concluded at 12:11 P.M. (IST), with 11 members in attendance. Subsequently, pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company submitted the Scrutinizer's Report to the National Stock Exchange of India Limited on May 13, 2026. The report, issued by Mr. Akash Goel, Proprietor of M/s. Akash & Co., Company Secretaries, confirmed that all six special resolutions were duly passed through the e-voting process.

Meeting Proceedings and Attendance

The meeting was moderated by Varsha Kingwani, who welcomed members, board members, and invitees, and briefed them on participation procedures via VC/OAVM. Anuj Dosajh, Chairman & Managing Director, extended a welcome to shareholders and acknowledged their continued trust and support. It was noted that Ms. Vishakha, Company Secretary & Compliance Officer, was on medical leave, and the Moderator had been authorized by the management to conduct the proceedings on behalf of the Company.

The following Directors and Key Managerial Personnel were present at the meeting:

In addition, Mr. Akash Goel, Proprietor of M/s Akash & Co., Practicing Company Secretary, attended the EGM as the Scrutinizer for the remote e-voting process and e-voting during the meeting.

E-Voting Facility and Process

Pursuant to the provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company provided remote e-voting and e-voting facilities during the meeting to all eligible members. The remote e-voting facility commenced on Saturday, May 9, 2026 at 09:00 A.M. (IST) and concluded on Monday, May 11, 2026 at 05:00 P.M. (IST). Members who had not cast their votes through remote e-voting were permitted to do so during the meeting, with the e-voting facility remaining open for 15 minutes after the conclusion of the meeting. The e-voting platform was provided by Central Depository Services (India) Limited (CDSL). The record date (Cut Off date) for determining eligible voters was Wednesday, May 06, 2026, with a total of 672 shareholders on record. No queries were received from shareholders through the chat facility provided by the Company.

Special Resolutions Passed

Six special resolutions were transacted through the e-voting process during the EGM. The details of the resolutions and their outcomes are as follows:

Detailed Voting Results

The Scrutinizer's consolidated report provides a resolution-wise breakdown of the e-voting results. For Resolutions 1, 2, and 3, a total of 91,52,700 votes were polled, representing 69.42% of outstanding shares, with all votes cast in favour. Resolution 4, pertaining to the revision of remuneration for Managing Director Anuj Dosajh, recorded 91,52,600 valid votes in favour, with 27,59,070 invalid votes from the Promoter and Promoter Group category. Resolutions 5 and 6 saw 63,93,530 and 73,44,070 total votes polled respectively, with all valid votes cast in favour.

The category-wise summary for all resolutions is presented below:

Scrutinizer's Report and Compliance

The Scrutinizer's Report was issued by Mr. Akash Goel (Membership Number: F13219, C.P. No.: 22165, UDIN: F013219H000342031) of M/s. Akash & Co., Company Secretaries, Noida, on May 12, 2026. The report was submitted to the National Stock Exchange of India Limited on May 13, 2026, and is also available on the company's website at www.apexecotech.com and on the CDSL website. The e-voting data was unblocked and downloaded from CDSL's e-voting system in the presence of two witnesses, Ms. Niharika Dhingra and Ms. Riya Kumari, who are not in the employment of the Company. The proceedings and the submission were countersigned by Anuj Dosajh, Managing Director (DIN: 00119225), on May 13, 2026, from New Delhi.

Apex Ecotech Limited announced its audited financial results for the half year and financial year ended March 31, 2026, delivering its highest-ever annual revenue and profitability since inception. The Board of Directors, at its meeting held on May 06, 2026, approved the Standalone Audited Financial Results in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors, M/s. Raman Chawla & Associates, Chartered Accountants (FRN: 035543N), issued an unmodified audit opinion on the financial statements. The results were driven by strong execution across large-scale industrial projects, increasing demand for sustainable water solutions, and continued momentum in Zero Liquid Discharge (ZLD), water treatment, and wastewater recycling systems.

Strong Revenue and Profit Growth in FY26

Apex Ecotech delivered a robust financial performance for the full year ended March 31, 2026, with revenue from operations nearly doubling year-on-year. The company is primarily engaged in providing environmental engineering solutions including Effluent Treatment Plants (ETP), Sewage Treatment Plants (STP), and Zero Liquid Discharge Systems (ZLD). The following table summarises the company's annual financial performance:

Half-Year Performance Highlights

Apex Ecotech also recorded a particularly strong performance during the second half of FY26. Revenue from Operations for H2 FY26 stood at ₹11,608.09 lakhs, growing 135.68% year-on-year compared to ₹4,925.44 lakhs in H2 FY25. Net profit for the second half stood at ₹1,444.55 lakhs, against ₹700.82 lakhs in the corresponding prior-year period. The following table presents the half-year comparison:

Balance Sheet and Cash Flow Overview

As at March 31, 2026, total assets and total equity & liabilities each stood at ₹8,918.01 lakhs, compared to ₹5,968.68 lakhs as at March 31, 2025. Key balance sheet items included cash and bank balances of ₹3,505.94 lakhs (₹2,795.03 lakhs as at March 31, 2025), trade receivables of ₹1,675.73 lakhs (₹1,156.80 lakhs), and reserves and surplus of ₹5,007.16 lakhs (₹3,304.86 lakhs). Share capital remained unchanged at ₹1,318.52 lakhs. On the cash flow front, net cash generated from operating activities for FY26 was ₹676.68 lakhs, compared to a net cash outflow of ₹(524.20) lakhs in FY25. Net cash used in investing activities was ₹(1,465.10) lakhs, while net cash generated from financing activities was ₹104.04 lakhs. Total cash and cash equivalents at the end of FY26 stood at ₹1,159.58 lakhs, compared to ₹1,843.96 lakhs at the end of FY25.

Strong Order Wins Reinforce Growth Visibility

During FY26, Apex Ecotech secured several strategic projects across industries including FMCG, Beverage, Automotive, and Technology sectors, significantly strengthening its execution pipeline. As on March 31, 2026, the order book stood at over ₹125 Crore, providing strong revenue visibility for upcoming financial periods. The key order wins are detailed below:

IPO Proceeds Fully Utilised

Apex Ecotech had raised funds aggregating to ₹2,554.42 lakhs through an Initial Public Offer (IPO) of 34,99,200 equity shares, listed on NSE Emerge on December 04, 2024. As of March 31, 2026, the entire IPO proceeds have been fully utilised for the intended purposes, as detailed below:

Management Commentary

Commenting on the performance, Anuj Dosajh, Chairman & Managing Director, stated: "FY26 has been a landmark and transformational year for Apex Ecotech Limited, as the Company delivered its highest-ever financial performance since inception. The year was characterized by strong execution momentum, strategic project acquisitions, and sustained demand for advanced water and wastewater treatment solutions across industrial sectors. The strong operational and financial performance achieved during the year reflects the Company's engineering excellence, efficient project execution capabilities, and enduring customer relationships. The Company is also pleased to state that the IPO proceeds have been fully deployed towards the stated objectives, supporting capacity enhancement, operational expansion, and long-term growth initiatives. With increasing emphasis on sustainability, Zero Liquid Discharge (ZLD), water conservation, wastewater recycling, and environmental compliance, Apex Ecotech Limited remains well positioned to capitalize on the long-term opportunities within the water and wastewater treatment industry."

Internal Auditor Appointment and Corporate Governance

The Board also approved the reappointment of M/s. Bharat Nayyar & Associates, Chartered Accountants (FRN: 025404N), as Internal Auditors of the company for the Financial Year 2026-27, effective May 06, 2026. The firm offers a broad range of professional services including independent audit and assurance, tax consultancy, corporate restructuring, due diligence, and business valuations. The Board meeting commenced at 04:45 P.M. and concluded at 05:11 P.M. on May 06, 2026, with the results signed by Anuj Dosajh, Managing Director (DIN: 00119225).

About Apex Ecotech Limited

Apex Ecotech Limited is an ISO 9001:2015 certified, engineering-driven company led by a team of experienced professionals specializing in turnkey solutions for Water and Wastewater Treatment, Membrane Recycling, Evaporators, and Zero Liquid Discharge Systems. The Company's integrated approach enables industries to effectively recycle and reuse water across a wide range of process applications. Through innovative technologies and customized engineering solutions, the Company promotes water recycling, reuse, and conservation, while supporting industries in achieving Zero Liquid Discharge, enhanced environmental compliance, and sustainable water management practices.