Divyadhan Recycling Industries Limited held its first Extra-Ordinary General Meeting (EGM No. 01/FY: 2026-27) on Friday, May 15, 2026, at 11:00 A.M. through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The meeting, which concluded at 11:10 A.M., was conducted in compliance with the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and applicable circulars issued by the Ministry of Corporate Affairs (MCA) and SEBI. Six members attended the meeting through Video Conferencing, all from the Promoter and Promoter Group category.

Key Personnel Present at the EGM

The meeting was attended by the company's directors and key managerial personnel, along with external professionals overseeing the voting process.

The Company Secretary, Mr. Sanjay Kandpal, welcomed the members and introduced the Board Members, Secretarial Auditors, and RTA. Managing Director Mr. Varun Gupta addressed shareholders and presented the agenda items as set out in the Notice dated April 23, 2026.

Resolutions Passed at the EGM

Three resolutions — one ordinary and two special — were taken up and approved through remote e-voting and e-voting during the meeting. The following table summarises the resolutions considered:

Resolution No. 3 relates to the issuance of 36,80,000 convertible equity warrants at Rs. 27/- per warrant, aggregating up to Rs. 9,93,60,000/-, to identified allottees belonging to Promoter/Promoter Group and Non-Promoter categories, in compliance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Voting Process and Results

Voting was conducted through remote e-voting facilitated by Central Depository Services (India) Limited (CDSL) from Tuesday, May 12, 2026 at 9:00 A.M. to Thursday, May 14, 2026 at 5:00 P.M., followed by e-voting at the EGM on May 15, 2026. Members holding shares as on the cut-off date of Thursday, May 8, 2026 were eligible to vote. The e-voting at the EGM commenced at 11:00 A.M. and closed at 11:25 A.M. The consolidated voting results for all three resolutions are presented below:

The Grand Total across all categories for each resolution stood at 1,43,06,714 shares held, with 1,00,05,714 votes polled, representing 69.94% of outstanding shares, all cast in favour.

Scrutinizer's Report

Ms. Arpana Nassa, Partner of M/s VS Associates, Company Secretaries (FCS: 11994, COP: 25403, Peer Review No.: 3578/2023), was appointed as the Scrutinizer to oversee the remote e-voting and e-voting at the EGM in a fair and transparent manner. Her consolidated Scrutinizer's Report, dated May 15, 2026, confirmed that:

• Resolution No. 1 (Ordinary Resolution – Appointment of Statutory Auditors) was passed, with 100% of votes cast in favour.
• Resolution No. 2 (Special Resolution – Shifting of Registered Office) was passed, with 100% of votes cast in favour.
• Resolution No. 3 (Special Resolution – Issuance of Convertible Warrants by way of Preferential Issue) was passed, with 100% of votes cast in favour.

The voting results and Scrutinizer's Report have been submitted to the National Stock Exchange of India Limited and uploaded on the Company's website ( www.divyadhan.in ) and on the CDSL e-voting portal ( www.evotingindia.com ). The papers and relevant records relating to electronic voting will remain in the Scrutinizer's custody until the Chairman approves and signs the minutes of the EGM, after which they will be handed over to the Company Secretary for safekeeping.