Hindustan Composites Limited has scheduled its 62nd Annual General Meeting (AGM) for Tuesday, September 29, 2026. The meeting will be conducted through Video Conferencing or Other Audio-Visual Means.

The Board of Directors approved the dates during its meeting held on September 2, 2026. The company also confirmed that Tuesday, September 22, 2026, remains the record date for determining shareholder eligibility for the dividend payout for FY26, subject to declaration at the AGM.

Key Dates

Shareholders holding shares as on the cut-off date may cast their votes electronically via Central Depository Services (India) Limited. Remote e-voting begins on Saturday, September 26, 2026, at 9:00 am and ends on Monday, September 28, 2026, at 5:00 pm.

The disclosure was made pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Arvind Purohit, Company Secretary & Compliance Officer, signed the intimation.

Rane (Madras) Limited has appointed Pawan Kumar Choudhary as Senior Managerial Personnel (President – Compo Division) effective August 20, 2026. The appointment aligns with the completion of its acquisition of Hindustan Composites' Friction Business.

The Board of Directors approved the appointment based on recommendations from the Nomination and Remuneration Committee. Choudhary's term runs from August 20, 2026, to August 31, 2027. This follows his resignation as Managing Director and Key Managerial Personnel of Hindustan Composites on the same date to facilitate his transfer to Rane.

Leadership Transition

Choudhary, a Chartered Accountant and Company Secretary with over 45 years of experience in corporate finance, M&A, and general management, has been associated with Hindustan Composites for three decades. He played an instrumental role in driving the growth of its friction business.

He continues to serve as a Non-Executive Director of Hindustan Composites. Additionally, he serves as an Independent Director on the Board of Prabhukripa Overseas Limited.

Integration Context

The appointment is pursuant to the Business Transfer Agreement executed with Hindustan Composites for the acquisition of its friction business. The transaction was completed effective August 20, 2026, following the fulfilment of customary regulatory approvals.

Hindustan Composites' Friction Business will be integrated into Rane's Brake Components Business in a phased manner to maximize value for customers and stakeholders. The move aims to drive operational synergies while leveraging complementary strengths.

Four other Senior Management Personnel were also transferred to Rane effective August 20, 2026:

• Nakuleshwar Chatterjee, Sr. V.P. – Sales
• Vimal Kiritkumar Desai, G.M. – Purchase
• G. M. Indapawar, Sr. V.P. – Works
• T.N. Venkatramani, V.P. – R & D

The transaction is expected to be earnings per share accretive from year one onwards.