DB (International) Stock Brokers Ltd conducted its 34th Annual General Meeting on September 29, 2026, through Video Conferencing/Other Audio-Visual Means. The meeting focused on the adoption of financial statements for the fiscal year ended March 31, 2026, and the re-appointment of key management personnel.

Proceedings and Quorum

The meeting commenced at 10:30 am with Ms. Uttama, Company Secretary & Compliance Officer, confirming the presence of requisite quorum. Mr. Shiv Narayan Daga, Chairman and Managing Director, assumed the chair. Representatives from the Statutory Auditors, Secretarial Auditors, Scrutinizer, and Registrar and Share Transfer Agent attended virtually.

Ms. Uttama informed members that there were no qualifications or adverse remarks in the Statutory Auditors' Report or the Secretarial Auditors' Report for FY26. Remote e-voting facilities were available from September 26 to September 28, 2026, allowing shareholders to cast votes prior to the live session.

Key Resolutions Passed

The following ordinary business items were transacted during the meeting:

• Adoption of Financial Statements: Members adopted the Standalone and Consolidated Audited Financial Statements for FY26, along with the Board of Directors' and Auditors' reports.
• Re-appointment of Managing Director: Mr. Shiv Narayan Daga was re-appointed as Managing Director, retiring by rotation under the provisions of the Companies Act, 2013.

Management Commentary

Ms. Sheetal Periwal, Joint Managing Director, briefed shareholders on the company's financial and operational performance for FY26. She also outlined the company's future vision and strategic direction. A Question and Answer session followed, where management addressed queries raised by registered speakers.

The voting lines remained open for 15 minutes after the conclusion of the address. The meeting adjourned at 11:03 am.

DB (International) Stock Brokers Limited Board of Directors approved the transfer of its major client business to a prospective buyer on September 17, 2026. The transaction is subject to shareholder approval at an Extra-ordinary General Meeting and necessary regulatory consents.

The company previously intimated the proposal under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on September 10, 2026. The outcome was disclosed pursuant to Regulation 30 of the same regulations.

Approved Transaction Details

The board authorized Mr. Shiv Narayan Daga, Chairman & Managing Director, to identify and engage with prospective buyers. He is empowered to negotiate and finalize commercial terms and execute requisite Memorandums of Understanding (MoU) and agreements.

The proposed transfer covers:

• Trading operations
• Depository Participant services
• Mutual Fund distribution
• Other financial products

Regulatory Status

DB (International) Stock Brokers Limited holds SEBI registration number INZ000179035 for capital market, F&O, and MCX activities. It operates as a CDSL Depository Participant (IN-DP-CDSL-266-2004) and Mutual Fund Distributor (ARN- 2116).

The detailed disclosure under Regulation 30 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, will be made to stock exchanges as determined by the board.

The board meeting commenced at 9:30 am and concluded at 10:13 am on September 17, 2026. Uttama, Company Secretary & Compliance Officer (Membership No.: A79993), signed the disclosure digitally at 10:14 am.