To the Members,

Your Board of Directors have pleasure in presenting the 58 th Annual Report and Audited Accounts of the Company for the Financial Year ended on 31 st March, 2026.

FINANCIAL RESULTS

The summarized financial results for the year are as under:

(' in Crores)

ECONOMIC REVIEW Global Economy

The global economy demonstrated resilience during FY

2025-26 amid a complex and evolving landscape marked by geopolitical tensions, moderating inflation, and divergent regional performances. While challenges such as elevated energy prices and trade uncertainties persisted, supportive factors including technological advancements and policy easing in select economies helped sustain moderate momentum.

According to the International Monetary Fund's latest assessments, global GDP growth is projected to moderate to around 3.3% in 2026, reflecting a slowdown from previous years but remaining stable under the assumption

of contained geopolitical conflicts, particularly in the Middle East. Headline inflation is expected to rise modestly in the

near term due to energy price pressures before resuming a downward trajectory.

Advanced economies have shown steady but uneven growth, with the United States benefiting from resilient consumption and investment in emerging technologies like artificial intelligence. In contrast, the Eurozone and other regions faced headwinds from subdued demand and external uncertainties. Emerging markets and developing economies, including key Asian markets, continued to drive a significant portion of global expansion, though they remained more vulnerable to commodity price volatility and trade disruptions.

Key risks to the outlook include prolonged geopolitical conflicts leading to higher energy costs and supply chain strains, renewed trade tensions, and potential delays in productivity gains from technological investments. On the positive side, easing monetary policies in several jurisdictions, along with ongoing digital transformation and infrastructure development, provide avenues for stability and gradual recovery.

Overall, the global economic environment in FY 2025-26 has been characterized by cautious optimism. While not without its challenges, it has offered a reasonably supportive backdrop for industries like wires and cables, which are closely linked to infrastructure development, power sector investments, and industrial activity worldwide. Your Company remains focused on navigating these dynamics through strategic positioning and operational agility.

Indian Economic Review

The Indian economy continued to exhibit robust and resilient growth during FY 2025-26, maintaining its position as one of the fastest-growing major economies globally despite external uncertainties. Domestic demand, supported by healthy consumption, rising investments, and government infrastructure push, remained the primary driver of economic activity.

According to the First Advance Estimates released by the

Ministry of Statistics and Programme Implementation (MoSPI), real GDP growth for FY 2025-26 is estimated at 7.4%, compared to 6.5% in the previous year. The Reserve Bank of India (RBI) also revised its projections upward during the year, reflecting strong momentum in private consumption, manufacturing, and services sectors. Inflation remained largely contained, enabling monetary policy support through calibrated rate adjustments.

Key positives included sustained capital expenditure by the Government, particularly in infrastructure, power, and renewable energy, alongside improving rural demand and steady urban recovery. The power and infrastructure sectors, which are closely linked to the wires and cables industry, witnessed healthy capacity additions and transmission network expansion. Manufacturing showed steady improvement, aided by policy initiatives and capacity utilisation gains.

However, challenges such as global trade tensions, volatile commodity prices (especially energy), and uneven monsoon impact in certain regions introduced some moderation. The external environment remained cautious, with risks from geopolitical developments and slower global demand.

Overall, FY 2025-26 was a year of steady progress for the Indian economy, underpinned by strong macroeconomic fundamentals, policy continuity, and structural reforms. This environment provided a favourable setting for the wires and cables sector, driven by ongoing investments in power transmission & distribution, renewable energy integration, industrial expansion, and urban infrastructure development. Your Company is well positioned to capitalise on these opportunities while remaining vigilant to evolving economic dynamics.

Performance of the Company

FY 2025-26 has been a strong and resilient year for the Company, marked by robust growth in value and moderate expansion in volumes despite a dynamic market environment. Total Product Sales reached ' 6,321 Crores, registering a healthy year-on-year growth of 18.8% (up ' 1,002.12 Crores).

The growth was primarily driven by higher product realizations, and strong performance in power cables and new-age products such as solar cables. While overall volume growth remained moderate, the Company successfully expanded its presence in large project orders and new customer segments, including infrastructure and industrial clients.

During FY 2025-26, copper prices exhibited significant volatility and an overall upward trend, influenced by global supply constraints, strong demand from renewable energy, infrastructure, and data centres, as well as geopolitical factors. The Company witnessed multiple rounds of selling price corrections throughout the year to account for these fluctuations in raw material costs.

The Government of India's continued focus on power sector reforms, renewable energy integration, and digital infrastructure provided a supportive backdrop for the wires and cables industry. Your Company successfully navigated the environment through prudent procurement, inventory management, and timely price adjustments, while continuing to benefit from long-term structural opportunities.

Segment-wise Performance

• Electrical Cables (Core Segment): Strongest contributor

to overall growth with 22.0% increase in revenue. Growth was led by Power Cables, Solar Cables, Auto & Battery Cables, and higher realizations due to higher copper prices. •

• Communication Cables: Marginal decline of 1.5% in revenue.

• Copper: Reflects higher internal consumption and transfer pricing impact due to elevated copper prices during the year.

• Others: Steady performance supported by FMEG products like switches and conduits.

For more details, please refer to the Management Discussion and Analysis Report forming part of this Report as "Annexure A-I" .

Exports

Exports during the year stood at 755.0 Crores as compared to 730.7 Crores in the previous year.

Finance

The Company continues to maintain a strong financial profile and remains debt-free, with no fresh debt instruments issued during the year.

The short-term debt programme of the Company continues to enjoy the highest credit rating of A1+ by CRISIL, while long-term debt has been reaffirmed at AA+/Stable.

Dividend

Based on the Company's performance, the Directors are pleased to recommend a Dividend of 7 9.00 per equity share, i.e.450 % of the face value of 72 each, for approval of the Members at the ensuing Annual General Meeting. The total dividend outgo would involve a cash outflow of 7137.7 Crores.

In compliance with Regulation 43A of the SEBI (Listing Obligations and Disclosure Requirements) Regualtions,2015 ("SEBI Listing Regulations,2015") the Company has formulated Dividend Distribution Policy and the same is available on the Company's website at www.finolex.com

Transfer to Reserves

The Company has not transferred any amount to the reserves during the current Financial Year.

Fixed Deposits

During the year, your Company has not invited, accepted or renewed any fixed deposits from the public and accordingly,

there is no principal or interest outstanding in respect thereof.

Change in Nature of Business

There has been no change in business of the Company during the year under review.

Capital Expenditure and Capacity Expansion

The Company had committed a capital expenditure of 7500 Crores over an 18-month period to significantly enhance its manufacturing capacities at Urse (Maharashtra) and Goa facilities. This strategic investment is progressing satisfactorily.

During FY 2025-26, the Company successfully capitalised 7320.4 Crores. The remaining portion is expected to be completed in FY 2026-27.

Joint Ventures, Subsidiaries and Associates

Pursuant to Section 129(3) of the Companies Act, 2013 read with Rule 5 of the Companies (Accounts) Rules 2014,

the statement containing salient features of the financial statements of the Company's Joint Ventures / Associates (in form AOC-1 is attached to this Report as "Annexure G" .

The Company does not have any subsidiaries.

• Finolex J-Power Systems Limited reported Profit Before

Tax of 721.5 Crores and has a strong order backlog of approximately 7300 Crores. The present momentum is expected to continue as India gears up for higher investment in the EHV sector.

Particulars of Employees

Disclosures pertaining to remuneration and other details as required under Section 197(12) of the Companies Act, 2013 read with Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 are provided in the Annexure F to this Report.

In terms of provisions of Section 197(12) of Companies

Act, 2013 read with Rules 5(2) & 5(3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, a statement showing the names and other particulars of employees drawing remuneration in excess of the limits set out in the said rules are provided in the "Annexure F1" to this Report.

Key Managerial Personnel

The following persons continued as Key Managerial Personnel during the year 2025-26.

*Mrs. Gayatri KuLkarni was KMP till 12 th December,2025

**Mr. Siddhesh Mandke was appointed as Compliance officer w.e.f. 10 th February, 2026

Human Resources

The Company engaged approximately 1609 and 1594 permanent employees as at 31 st March, 2026 and 31 t March 2025, respectively. The number of flexible (contractual, trainee and temporary) employees as at 31 st March, 2026 was 2036, compared to 1961 as of 31 st March 2025.

Corporate Governance

The Company has always and responsibly followed the corporate governance guidelines and best practices sincerely. As a responsibility and service to all its shareholders, the Company promptly discloses timely and accurate information regarding its operations and performance, as well as the leadership and governance of the Company. Your Company is in full compliance with the Corporate Governance guidelines as set out in SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR Regulations") and is committed to good corporate governance. Accordingly, all Directors and Senior Management employees confirm in writing their adherence to the Company's Code of Conduct.

A separate report on Corporate Governance (Annexure B) is provided together with a Certificate from the Statutory/

Secretarial Auditors of the Company regarding compliance with conditions of Corporate Governance as Annexure C , as mandated under SEBI LODR Regulations, 2015. There are no qualifications, reservations or adverse remarks or disclaimers made by the auditor in their report.

Corporate Social Responsibility

Your Company strives to provide best products and services not only to its customers, employees and shareholders, but also to the whole society as a whole. Your Company commits itself to utmost care and assistance for sections of society in need of such support, as evident through the CSR initiatives undertaken by the Company. These initiatives include:

Education and Skill Development Healthcare Initiatives, Environmental Sustainability, Community Development, Women Empowerment, Livelihood Enhancement. Annual Report on CSR, forming part of this Report, inter-alia, provides the details of all CSR activities during the year under review and other related information is given as an "Annexure I" to this Report.

The Company's Policy on CSR as approved by the Board is also available on the website of the Company at www.finolex.com .

Management Discussion and Analysis Report (MDAR)

Management Discussion and Analysis Report for the financial year under review, as stipulated under regulation 34 (2) (e) of SEBI Listing Regulations, 2015 is presented in a separate section forming part of this Annual Report as "Annexure A" .

Business Responsibility and Sustainability Report:

Business Responsibility and Sustainability Report for the financial year under review, as stipulated under regulation 34 (2) (f) of SEBI Listing Regulations, 2015 is presented in a separate section forming part of this Annual Report as "Annexure J" .

Environmental, Social and Governance (ESG):

Recognizing its role as a responsible corporate citizen, the Company is keenly aware of its environmental and societal obligations. For more information on our ESG initiatives, please refer to the Business Responsibility and Sustainability

Report (BRSR) Annexure J .

Directors

The Board of Directors comprises of 6 (six) Directors, out of which 3 are Independent Directors, 2 are Whole-time Directors, and 1 is a Non-Independent Non-Executive Director.

The first term of 5 (Five) years as independent directors of

Mr. Zubin Billimoria (DIN 07144644), Mr.Sriraman Raghuraman (DIN 00228061) and Mrs. Vanessa Singh (DIN 09342022), will be completed on 29 th September 2026. Being eligible for reappointment as Independent Directors for a second term of 5 (Five) consecutive years, they offer themselves for re-appointment. The Nomination and Remuneration Committee and Board of directors of the company had approved and recommended their re-appointment, subject to the approval of the shareholders of the Company.

Mr. Nikhil Naik (DIN 00202779) is liable to retire by rotation at the ensuing Annual General Meeting and being eligible offers himself for re-appointment. The Board recommends the same. A resolution proposing his re-appointment, for the consideration and due approval of the Members at the ensuing AGM is included in the notice convening the AGM.

The term of 5 (Five) years of Mr. Ratnakar Barve (DIN 09341821), as a Whole Time Director, will be completed on 29 th September 2026. The Nomination and Remuneration Committee and Board of directors of the company had approved and recommended his re-appointment as Whole Time Director for a further period of 5 (Five) years, subject to approval of the shareholders of the Company.

The requisite details regarding their appointment are set out in the Notice for the ensuing AGM.

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STATUTORY REPORT

Compliance under the Companies Act, 2013

Pursuant to Section 134 of the Companies Act, 2013 read with the Companies (Accounts) Rules of 2014, your Company complied with the requirements. The details of such

compliances are enumerated below:

• Web link to the Annual Return: Pursuant to Section

92 (3) of the Act and Rule 12 (1) of the Companies (Management and Administration) Rules, 2014, the

annual return is available on the webiink of the Company at https://www.nnoiex.com/View/Page/Annuai-Return .

• Number of meetings of the Board: The Board met on 6 (Six) occasions during the year. The details of the meetings are furnished in the Report on Corporate Governance which is attached as "Annexure B" to this Report.

• Directors' Responsibility Statement: Pursuant to

Sections 134(3)(c) and 134(5) of the Companies Act, 2013, (the "Act"), the Directors, to the best of their

knowiedge and beiief and according to the information and explanations provided to them, confirm that:

- In the preparation of the annual accounts, the applicable accounting standards have been followed and no material departures have been made from the same.

- the Directors have selected such accounting policies and applied them consistently and made

judgments and estimates that are reasonable and prudent so as to give a true and fair view of

the state of affairs of the Company at the end of the financial year and of the profit and loss of the Company for that period.

- the Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the

Act for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities.

- the Directors have prepared the annual accounts on a going concern basis;

- the Directors have laid down internal financial controls to be followed by the Company and that

such internal financial controls are adequate and were operating effectively; and;

- the Directors have devised proper systems to ensure compliance with the provisions of all

applicable laws and that such systems were adequate and operating effectiveiy.

• Declaration By Independent Directors:

The Company has received necessary declarations from each Independent Director under Section 149(7) of the Act, that he/she meets the criteria of Independence laid down under Section 149(6) of the Act and Regulation 25 of the SEBI Listing Regulations, 2015.

• Nomination and Remuneration Policy:

The Board of Directors has framed the policy which lays down a framework in reiation to the Appointment and Remuneration of Directors, Key Managerial Personnel and Senior Management of the Company including the criteria for determining quaiifications, seiection and appointment. Further details are provided in the Corporate Governance Report which is attached as "Annexure B" to this Report.

The Nomination and Remuneration Policy is available on the website of the Company at https://www.finoiex.com.

• Board Evaluation:

Pursuant to the relevant provisions of Companies Act, 2013, the Independent Directors at their meeting

dated 09 th March 2026 without the participation of the non-independent directors, considered and evaluated the Board's performance, performance of the Chairman and other non-independent directors. The evaluation was performed taking into consideration the various aspects of the Board's functioning, composition of the Board and its Committees, culture, execution and performance of specific duties, obiigations and governance. The Board of Directors expressed its satisfaction with the evaluation process.

Particulars of loans, guarantees or investments under section 186 of The Companies Act, 2013:

During the year, the Company has given additional corporate guarantee to the extent of ' 39.20 Cr to ICICI Bank, in respect

of loans availed by Finoiex J-Power Systems Limited - please refer Note no. 32 A II (a) of Standalone Financial Statements which form part of the Notes to the financial statements provided in the Annual Report.

Particulars of Contracts or arrangements with related parties:

All transactions entered into by the Company with related parties were in the ordinary course of business and on an arm's length basis. Each of these transactions were reviewed by the Audit Committee prior to being entered into and where necessary, was approved by the Board of Directors and the Members. In respect of transactions of a

repetitive nature, an omnibus approval was obtained from the Audit Committee. The Company has not entered into material transactions during the Financial Year 2025-26. At every quarterly meeting, the Audit Committee reviews the transactions that were entered into during the immediately preceding quarter. Details of related party transactions have been disclosed under Note 35A to the financial statements. Details of the same are also reproduced in Form AOC-2 which is attached as an "Annexure H" to this Report.

The Company's Policy on transactions with related parties as approved by the Board is also available on the website of the Company at https://www.finoiex.com

• Material changes and commitments affecting the financial position of the Company which have occurred between 31 st March, 2026 and date of this report :

There are no material changes and commitments affecting the financial position of the Company which have occurred between the end of the financial year of the Company to which the financial statements relate and the date of the Report.

• Significant and material orders passed by the regulators or Court or Tribunals impacting the going concern status of the Company:

There are no significant and material orders passed by the Regulators or Courts or Tribunals that would impact the going concern status of the Company or the Company's operations in the future.

• Adequacy of Internal Financial Controls with reference to the Financial Statements:

Having regard to Rule 8 (5) (viii) of the Companies (Accounts) Rules, 2014, the details in respect of

adequacy of internal financial controls with reference to the financial statements of the Company are as follows:

Your Company maintains appropriate systems of internal control including monitoring procedures. These internal

control systems ensure reliable and accurate financial reporting, safeguarding of assets, keeping constant check on cost structure and adhering to management policies. The internal controls are commensurate with the size, scale and complexity of the Company's operations and facilitate timely detection of any irregularities and early remedial steps against factors such as loss from unauthorized use and disposition. Company policies, guidelines and procedures provide for adequate checks and balances which are meant to ensure that all transactions are authorized, recorded and

reported correctly. The internal controls are continuously

assessed and improved / modified to meet changes in business conditions, statutory and accounting requirements.

Constant monitoring of the effectiveness of controls is ensured by periodical audits performed by an in-house internal audit team as well as assignments entrusted to M/s. Ernst & Young LLP, Chartered Accountants. Both these teams in their respective assignments, test and review controls, challenge business processes for their robustness and benchmark practices in line with industry norms.

The Audit Committee regularly meets and reviews the results

of the various internal control audits both with the Auditors as well as with the respective Auditees. The Audit Committee

is apprised of the findings as well as the corrective actions that are taken. Periodical meetings between the Audit Committee and the Company Management also ensure the necessary checks and balances that may need to be built into the control system.

• Risk Management Policy:

Your Company has set up a Risk Management Committee of the Board of Directors which comprises Mr. Zubin Bilimoria, Mrs. Vanessa Singh, Mr. Ratnakar Barve, Mr Pravin Ahire and

Mr. Mahesh Viswanathan. And more details of the risks faced by the Company are available in the Management Discussion and Analysis (MDA), attached as "Annexure A" to this Report.

The Company's Policy on Risk Management as approved by the Board is also available on the website of the Company at: https://www.finolex.com

• Vigil Mechanism / Whistle Blower Policy:

As required under Section 177 (9) of the Companies Act, 2013 read with Rule 7 of the Companies (Meetings of

Boards and its Powers) 2014 and Regulation 22 of the SEBI Listing Regulations, the Company has adopted a policy on vigil mechanism / whistle blower. The policy provides direct access to the Chairman of the Audit Committee in case any employee should choose to report or bring up a complaint. Your Company affirms that no one has been denied access to the Chairman of the Audit Committee. and No complaints were received during the year. Brief details about the policy are provided in the Corporate Governance Report which is attached as "Annexure B" to this Report., The policy is also available on the Company's website at https:// www.finolex.com.

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STATUTORY REPORT

• Prevention of Sexual Harassment Policy:

The Company has in place a policy on prevention of sexual harassment in line with the requirements of the

Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013. An Internal

Complaints Committee has been set up to redress complaints received regarding sexual harassment. All employees (permanent, contractual, temporary, trainees) are covered under this policy.

Statutory Auditors

As per provisions of Section 139(1) of the Companies Act, 2013, M/s. Deloitte Haskins & Sells LLP, Chartered

Accountants (Firm Registration No.1 17366W / W100018) were appointed as Statutory Auditor of the Company at the Fifty- Fourth AGM of the Company held on 28 th September, 2022 to hold office from the conclusion of the said meeting till the conclusion of the Fifty- Ninth Annual General Meeting to be held in the Financial Year 2027-28.

Further as required under the provisions of Section 139

and Section 141 of the Companies Act, 2013 read with the Companies (Accounts) Rules 2014, the said Auditors have confirmed their consent as well as eligibility to continue to

act as Auditor of the Company.

Statutory Auditors' Report

There are no qualifications, reservations or adverse remarks made by M/s. Deloitte Haskins & Sells LLP (Firm Registration No.1 17366W/W100018), Statutory Auditors, in their report for the financial year ended on 31 st March, 2026. The Notes on financial statements referred to in the Auditors' Report are self-explanatory. Pursuant to provisions of section 143 (12) of the Act, the Statutory Auditors have not reported any incident of fraud to the Audit Committee during the year under review.

Cost Audit

As per the requirement of the Central Government and pursuant to Section 148 of the Companies Act, 2013 read

with Companies (Cost Records and Audit) rules of 2014 as amended from time to time, your Company has been carrying out an audit of cost records every year. At the previous

Annual General Meeting, the members had approved the appointment of M/s. Joshi Apte & Associates as Cost Auditors, for the Financial Year 2025-26, at a remuneration of ' 7 lakh plus GST, as applicable, and reimbursement of out of pocket expenses.

Secretarial Audit

M/s. Jog Limaye & Associates, Practicing Company Secretary has been appointed as Secretarial Auditors of the Company for the Financial Year 2025-26. In terms of Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('the SEBI Listing Regulations, 2015'), the Board of Directors have recommended appointment of M/s. Jog Limaye & Associates as Secretarial Auditors for a term of 5 consecutive years with effect from the Financial

Year 2025-26 until the conclusion of the financial year 2029-30. The firm has confirmed its eligibility and necessary

certificates as required under the Act and Listing Regulations have been received. The firm's appointment for the term is

subject to the approval of the shareholders of the Company at the ensuing Annual General Meeting.

Their Report dated 16 th May, 2026 is attached as "Annexure D" to this report. The Secretarial Audit Report contains an observation/remark which is self explanatory and the Board's explanation to the same is attached as Annexure D-1 . Besides this observation, the report does not contain any qualification, reservation, adverse remark or disclaimer.

Secretarial Standards

The Institute of Company Secretaries of India had issued the Secretarial Standards on Meetings of the Board of Directors (SS-1) and Secretarial Standards on General Meetings (SS-2). Your Company is in compliance with the said

secretarial standards.

Listing of Securities

Your Company's equity shares are listed on the two premier stock exchanges of the country namely BSE Limited and

National Stock Exchange of India Limited. Your Company's Global Depository Receipts have been delisted from the Luxembourg Stock Exchange, effective from April 16, 2024. Your Company has not issued any Non-Convertible

Debentures ("NCDs") in financial year 2025-26 and no NCDs

were outstanding as on 31 st March 2026.

General

1. During the year, there were no transaction requiring

disclosure or reporting in respect of matters relating to:

a) Details relating to deposits covered under Chapter V of the Act;

b) Issue of equity shares with differential rights as to

Dividend, voting or otherwise;

c) Issue of shares (Including Sweat equity shares) to

employees of the Company under any scheme, save and except Employee Stock Options Schemes

referred to in this Report;

d) Raising of funds through preferential allotment or qualified institutions placement;

e) Pendency of any proceeding against the Company under the Insolvency and Bankruptcy Code, 2016

2. A statement regarding opinion of the Board with regard to integrity, expertise and experience (including the proficiency) of the Independent Directors appointed during the year - The Board of Directors is of the opinion that the Independent Non-Executive Directors are of integrity and possess the requisite expertise and experience (including the proficiency).

3. No company has become or ceased to be a subsidiary, associate, or joint venture company of the Company during the year. However, Corning Finolex Optical

Fiber Private Limited, Joint Venture Company has been Liquidated vide National Company Law Tribunal's ("NCLT"), Mumbai Bench (Court-VI) order dated 06 th June 2024.

4. Cash Flow Statement for the Financial Year ended on 31 st March 2026 is attached to the Balance sheet.

5. The Company has duly constituted the following mandatory committees in terms of the provisions of the Act & SEBI Listing Regulations,2015 read with rules

framed thereunder viz.

i. Audit Committee

ii. Nomination and Remuneration Committee

iii. Stakeholder's Relationship Committee

iv. Corporate Social Responsibility Committee

v. Risk Management Committee

The Composition of all above Committees, number of meetings held during the year review, brief terms of reference and other details have been provided in the Corporate Governance Report which forms part of this Annual Report.

Conservation of Energy, Technology Absorption,

Foreign Exchange Earnings and Outgo and Research and Development

Information on conservation of energy, technology absorption, foreign exchange earnings & outgo and the Research and Development activities carried out by the Company as required to be given pursuant to Section 134(3) (m) of the Companies Act, 2013 read with Rule 8 of the Companies (Accounts) Rules, 2014 is attached to this Report as an "Annexure E" .

Investor Education and Protection Fund (IEPF)

Pursuant to the applicable provisions of the Companies Act, 2013, read with the IEPF Authority (Accounting, Audit, T ransfer and Refund) Rules, 2016 ("the IEPF Rules"), all unpaid

or unclaimed dividends are required to be transferred by the Company to the IEPF, established by the Government of

India, after the completion of seven years. Further, according to the IEPF Rules, the shares on which dividend which are not subject to any legal requirements has not been paid or claimed by the shareholders for seven consecutive years or more shall also be transferred to the demat account of the IEPF Authority. The Company has transferred 15,909 shares on which dividends were unclaimed for seven consecutive years as per the requirements of the IEPF Rules. Mr. Sachin Naik is appointed as a nodal officer of the Company and his details are provided on https://www.finolex.com/ View/Page/Nodal-Officer . The members who have a claim on above dividends and shares may claim the same from IEPF Authority by submitting an online application in web Form No. I EPF-5 available on the website https://www.iepf. gov.in/ IEPF/ and sending a physical copy of the same, duly signed to the Company, along with requisite documents enumerated in the Form No. IEPF-5. No claims shall lie against the Company in respect of the dividend / shares so transferred.

However, pursuant to Section 124 (5) of the Act, the unpaid

dividend that will be due for transfer to the IEPF are as follows:

SR V

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STATUTORY REPORT

Disclosure of Agreements in terms of Regulation 30 A (2) of SEBI Listing Regulations, 2015

The details of agreements entered into by the promoters of the listed entity whose purpose and effect is to impact the management or control of the listed entity that subsist

as on the date as date of notification i.e., 13 th July 2023 of clause 5A to para-A of part A of schedule III of SEBI Listing Regulations, 2015.

There are no agreements of the nature referred to in clause 5A of Para A of Part A of Schedule III to the SEBI (LODR) Regulations, 2015. Accordingly, no disclosure is required

under Regulation 30A read with Para G of Schedule V.

Details of Application made or any proceeding pending under the Insolvency and Bankruptcy Code, 2016 (31 of 2016)

Your Company neither made any application nor any proceeding is pending under the Insolvency and Bankruptcy

Code, 2016 during the year.

The details of difference between amount of the valuation done at the time of one time settlement and the valuation done while taking loan from the Banks or Financial Institutions along with the reasons thereof

Your Company has not obtained any one-time settlement of loan from the Banks or Financial Institutions.

Cautionary Statement

Statements in this Boards' Report and Annexures may contain forward looking statements within the meaning of applicable Securities laws and regulations. Actual results could differ materially from those expressed or implied.

Various factors including commodity prices, cyclical demand, changes in Government regulations, tax laws, general economic development could all have a bearing on the Company's operations and would impact eventual results.

Acknowledgements

The Company's Directors are grateful to the Central and State Governments, Statutory Authorities, Local Bodies, Banks and Financial institutions for their continued support and cooperation. Your Directors warmly acknowledge the trust and confidence reposed in your Company by its channel partners, dealers, customers and construction organizations in supporting its business activities and growth. Your directors express their gratitude to the other business associates for their unstinting support. Your directors value the commitment and contribution of the employees towards the Company. Last but not the least, your directors are thankful to the Members for extending their constant trust and for the confidence shown in the Company.

For and on behalf of the Board of Directors Finolex Cables Limited

Ratnakar Barve

Date: 28 th May, 2026 Chairman

Place: Pune DIN: 09341821