Damodar Industries Limited convened a meeting of its Board of Directors on Friday, May 15, 2026, at its registered office located at 19/22 & 27/30, Madhu Corporate Park, A Wing, Ground Floor, Pandurang Budhkar Marg, Worli, Mumbai – 400 013. The meeting commenced at 3:00 P.M. and concluded at 5:30 P.M., during which the Board deliberated upon and approved several significant corporate matters in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Audited Financial Results for FY26 Approved

In accordance with Regulation 33 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board approved the audited financial results for the quarter and year ended March 31, 2026, along with the statement of Assets and Liabilities for the year ended March 31, 2026. The following documents were enclosed as part of the regulatory submission:

• Audited Financial Results for the quarter and year ended March 31, 2026, and statement of Assets and Liabilities for the year ended March 31, 2026
• Audited Report on the Audited Financial Results issued by M/s Devpura Navlakha & Co., Statutory Auditors of the Company
• Declaration for the unmodified Auditor's Report

The Board also approved the Board Report along with its annexures as part of the annual compliance process.

Key Corporate Decisions at a Glance

The following table summarises the key decisions taken at the Board meeting held on May 15, 2026:

Cost Auditor Appointment for FY 2026-2027

The Board appointed M/s Dilip M. Bathija (FRN - 100106) as Cost Auditor for the Financial Year 2026-2027. The remuneration of the Cost Auditor has been ratified by the Board, subject to the approval of the shareholders at the forthcoming Annual General Meeting.

38th Annual General Meeting Scheduled

The Board approved the convening of the 38th Annual General Meeting of the Company on Saturday, August 08, 2026. In connection with the AGM, the register of members and share transfer books of the Company will remain closed from Tuesday, August 04, 2026 to Saturday, August 08, 2026, with both days inclusive. The results are to be published in newspapers as per the requirements of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was signed by Arunkumar Biyani, Chairman and Whole-time Director (DIN: 00016519), on behalf of Damodar Industries Limited.

Damodar Industries Limited has successfully concluded its postal ballot process on April 23, 2026, and submitted the scrutinizer's report along with voting results to the stock exchanges in compliance with Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot Overview

The postal ballot process was conducted to seek shareholder approval for the appointment of Mr. Suresh Narayan Nayak (DIN: 11588687) as a Non-Executive Independent Director of the company. The voting process utilized remote e-voting and postal ballot methods, concluding on April 23, 2026 at 5.00 PM.

Scrutinizer Details

The postal ballot process was overseen by qualified scrutinizer Vishal N Manseta, who was appointed by the board on March 17, 2026. The scrutinizer maintained proper registers and conducted the process in accordance with Section 108 of the Companies Act, 2013.

Voting Results and Participation

The postal ballot witnessed significant participation with a total of 9892341 votes polled out of 23300000 outstanding shares, representing a voter turnout of 42.46%. The resolution received overwhelming support from shareholders across all categories.

Resolution Outcome

The special resolution for appointing Mr. Suresh Narayan Nayak as Non-Executive Independent Director was successfully passed with 99.97% votes in favour and only 0.03% votes against. A total of 37 members voted in favour while only 2 members voted against the resolution. The promoter and promoter group showed complete support with 100% approval, while public non-institutional shareholders voted 72.24% in favour of the resolution.

Regulatory Compliance

The company has fulfilled its regulatory obligations by submitting the complete scrutinizer's report and voting results to both BSE Limited and National Stock Exchange of India on April 24, 2026. The submission was signed by Director Aditya A Biyani (DIN: 10304061) on behalf of the company, ensuring full compliance with SEBI listing regulations. The voting results were unblocked in the presence of two witnesses, Anshika Sharma and Vandana Kalokhe, who are not in the employment of the company.