IST Limited held its 50th Annual General Meeting (AGM) on Tuesday, September 29, 2026, at the company's registered office in Dharuhera, Haryana. The meeting commenced at 11:30 am IST and was chaired by Whole-time Director Suresh Chand Jain.

The proceedings were conducted pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. A summary of the meeting was submitted to BSE Limited and will be hosted on the company's website. The requisite quorum was present, allowing the Chairman to call the meeting to order after the Notice convening the AGM dated August 14, 2026, was taken as read with member consent.

Director attendance and governance

Seven directors attended the meeting, reflecting a mix of executive, non-executive, and independent roles. The Chief Financial Officer and representatives from both statutory and secretarial auditing firms were also present to address member queries.

Vikas Kumar Naredi served as the Chief Financial Officer attending the session. The statutory auditors, M/s. VSVG & Co., and secretarial auditors, M/s. Vinod Kumar & Co., were present during the proceedings.

Audit status and performance review

The Company Secretary informed members that the reports of the Statutory Auditors and Secretarial Auditors for the financial year ended March 31, 2026, contained no qualifications, reservations, adverse remarks, or disclaimers. Consequently, these reports were taken as read by the shareholders.

Following the audit review, Chairman Suresh Chand Jain addressed the members, apprising them of the company's performance and key highlights for FY26. Members were subsequently invited to raise queries regarding the operational results and strategic direction presented during the session.

IST Limited has announced the book closure period for its 50th Annual General Meeting, scheduled for Tuesday, September 29, 2026. The Register of Members and Share Transfer Books will remain closed from Wednesday, September 23, 2026 to Tuesday, September 29, 2026 (both days inclusive).

This closure is necessary for determining the list of shareholders eligible to vote at the meeting. The cut-off date for determining eligible voters is September 22, 2026. Remote e-voting via NSDL will be available from September 26, 2026 at 9:00 a.m. to September 28, 2026 at 5:00 p.m.

AGM agenda and key details

The AGM will be held at the company's registered office in Dharuhera, Rewari, Haryana. The agenda includes:

• Adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026
• Re-appointment of Mr. Suresh Chand Jain (DIN: 00092079) as Director, retiring by rotation
• Re-appointment of Mr. Mayur Gupta (DIN: 00131376) as Director, retiring by rotation
• Special Resolution for re-appointment of Mr. Suresh Chand Jain as Whole Time Director (Executive Director) for a further period of 2 years from August 14, 2026 to August 13, 2028, with revised remuneration of ₹2,40,000 per month (up from ₹2,25,000 per month), subject to an overall cap of ₹40.00 Lacs per annum

FY2025-26 financial performance

The following table summarises key financial figures for FY2025-26 and FY2024-25:

(All figures in ₹ Lacs unless otherwise stated)

On a standalone basis, total revenue including other income rose to ₹7,745.84 Lacs from ₹6,277.23 Lacs in the previous year. Standalone EBIDTA stood at ₹4,815.66 Lacs against ₹4,056.88 Lacs previously, while standalone profit after tax increased to ₹3,709.28 Lacs from ₹3,346.11 Lacs. Standalone EPS for the year was ₹31.80 per share versus ₹28.69 per share in the prior year.

Subsidiary and associate performance

The wholly owned subsidiary, Gurgaon Infospace Limited, reported Revenue from Operations of ₹9,219.45 Lacs for FY2025-26 against ₹8,954.13 Lacs in the previous year, with net profit after tax of ₹11,612.68 Lacs compared to ₹10,614.06 Lacs previously.

IST Steel and Power Limited, the associate company in which IST Limited holds 30.80% equity, reported operational revenue of ₹501.10 Lacs versus ₹406.18 Lacs in the prior year. The associate's net profit after tax was ₹89.94 Lacs against ₹106.66 Lacs previously. The share of net profit attributable to IST Limited was ₹27.70 Lacs for the year, compared to ₹32.54 Lacs in the prior year.

Dividend and CSR

The Board of Directors has decided not to recommend any dividend for FY2025-26. On CSR, the company's total obligation for the year was ₹26.21 Lacs, against which it spent ₹27.00 Lacs, directed towards protection of national heritage, art and culture at Vrindavan, Uttar Pradesh, through Hare Krishna Movement (CSR Reg. No. CSR 0000 7223).

Foreign exchange and other disclosures

The secretarial audit report noted that the company had not submitted its Annual Report to the stock exchange within the period prescribed under Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors M/s. VSVG & Co. issued an unqualified audit report for FY2025-26.