Salguti Industries Ltd Management Discussions

Pursuant to the provisions of SEBI (LODR) Regulations 2015, Management Discussion and Analysis Reportis given below: COMPANYS PRODUCTS / SERVICES Plastic Division: Our Company is Manufacturing HDPE/PP Woven sacks for packing ofFertilizers & Cement. INTERNAL CONTROL SYSTEMS AND THEIR ADEQUACY:

The Internal control systems are aimed at promoting operational efficiencies while stressing adherencesto policies. The systems are designed with adequate internal controls commensurate size and nature of operations. Transactions are executed in accordance with the company policies. Assets are safeguarded and deployed in accordance with the Companys Policies.

The Company has in place adequate internal financial controls with reference to financial statements. Periodic audits are undertaken on a continuous basis covering all the operations i.e., manufacturing, sales & distribution, marketing, finance, etc. Reports of internal audits are reviewed by management from time to time and desired actions are initiated to strengthen the control and effectiveness of the system.

MATERIAL DEVELOPMENTS IN HUMAN RESOURCES/INDUSTRIAL RELATIONS:

The Company is able to retain the experienced staff, in spite of the copper consuming Industries are under recession, the Company feels confident of keeping its manpower costs to below industry norms. The atmosphere that is created in the organization is conducive for self-development and career growth; this is the success in retaining our manpower.

INDEPENDENT DIRECTORS

All Independent Directors have given declarations that they meet the criteria of independence as laid down underSection 149 of the Companies Act, 2013 and the provisions of SEBI (LODR) Regulations 2015. The Company has complied with the requirement of training of the Independent Directors and their performance evaluation andholding separate meetings for the Independent Directors.

1. DETAILS OF ANNUAL GENERAL MEETINGS: LOCATION AND TIME OF THE LAST THREE AGMS.

AGM	YEAR	VENUE	DATE	TIME
40th	2024-2025	Video Conferencing ("VC") / " Other Audio-Visual Means ("OAVM )	27.09.2025	12: 30 P.M
39th	2023-2024	Video Conferencing ("VC") /" " Other Audio-Visual Means ( OAVM )	24.08.2024	12: 30 P.M
38th	2022-2023	Video Conferencing ("VC") / " Other Audio-Visual Means ("OAVM )	23.09.2023	12: 30 P.M

Postal ballot:

During the year under review, the company has not conducted any postal Ballot

DISCLOSURES

i. There were no materially significant related party transactions that may have potential conflict with the interest of the Company at large.

ii. There was no incidence of non-compliance during the last three years by the Company on any matter related top Capital markets. There were no penalties, strictures imposed on the company by Stock Exchange or SEBI or any statutory authority.

iii. The Company has complied with all the mandatory requirements of SEBI (LODR) Regulations 2015.

9. NOTES ON DIRECTORS APPOINTMENT/RE-APPOINTMENT:

Relevant details form part of the explanatory statement to the notice of the Annual GeneralMeeting/Directors

Report.10. MEANS OF COMMUNICATIONS:

The quarterly, half-yearly and yearly financial results will be sent to the Stock Exchanges immediately after the Board approves the same and these results will also be published in prominent daily newspapers. These financial statements, press releases are also posted on the Companys website. As the financial performance of the Company is well published, individual communication of half yearly results are not sent to the shareholders.

The Management Discussion and Analysis Report forms part of the annual report, which is posted to the shareholders of the Company.

GENERAL SHAREHOLDER INFORMATION:

(I) Annual General Meeting
Date :	30th September 2026
Time :	12:30 PM
Venue :	Video Conferencing ("VC") / Other Audio-Visual Means ("OAVM")

(II) Financial Calendar 1^st April, 2026 to 31^st March, 2027 (Tentative Schedule)

Quarter ending June 30, 2026	Declared on 14th August, 2026
Quarter ending September 30, 2026	On or before 14th November, 2026
Quarter ending December 31, 2026	On or before 14th February, 2027
Quarter ending March 31, 2027	on or before 30th May 2027
Annual General Meeting for FY ended 31stMarch, 2027	On or before 30th September, 2027

(III) Listing on Stock Exchanges: BSE Limited (BSE)

The listing fee has been paid to all the Stock Exchanges where the Companys shares are listed.

(IV) Stock Code
BSE Limited (BSE)	526554 /SALGUTI
Dematerialization of Securities	ISIN:
	INE159C01012

(V) Market Price Data: High, Low during each Month in last Financial Year

During the financial year the shares of the company were traded on BSE Limited, the following Market Price High & Low during each Month in the Last Financial Year 2025-2026 as follows:

Month	High	Low
Apr-2025	46.04	43.74
May- 2025	45.94	37.54
Jun-2025	37.91	23.86
Jul-2025	26.88	19.08
Aug-2025	27.80	21.35
Sep -2025	26.25	22.18
Oct-2025	26.15	23.09
Nov-2025	26.50	21.37
Dec-2025	27.50	24.86
Jan-2026	26.75	25.10
Feb-2026	27.75	24.95
Mar-2026	30.60	25.01

(VI) Stock Performance in Comparison to Broad-based indices such as BSE Sensex, CRISIL Index, BZX 200, Nifty etc. During the financial year the shares of the company were traded actively and the Shareprice has been moving with the trend of the indices.

(VII) Transfer Agents	M/s. Aarthi Consultants Private Limited 1-2-285, Domalguda, Hyderabad – 500 029.
	Ph: 040-2763 8111; 040-2763 4445
	Fax: 040-2763 2184
	Website: www.aarthiconsultants.com
	Email: info@aarthiconsultants.com
(VIII) Share Transfer System	M/s. Aarthi Consultants Private Limited
	1-2-285, Domalguda, Hyderabad – 500 029.
Documents will be accepted at	Ph: 040-2763 8111; 040-2763 4445
	Fax: 040-2763 2184
	Website: www.aarthiconsultants.comEmail:
	info@aarthiconsultants.com

The Shares of the Company are in physical form and electronic form. The transfer of shares in demat form is done through the Depositories without involvement of the Company. As regards, transfer of shares held in physical form, the transfer documents can be lodged with Company as well as Registrars M/s. Aarthi Consultants Private Limited at above-mentioned address.

The Transfer of shares in physical form is normally processed within 10-15 days from the date of receipt if the documents are complete in all respects. The Share Transfer Committee

(IX)Statement Showing Distribution Schedule as on 31.03.2026 severally empowers to approve the transfers.

	HOLDERS			AMOUNT
CATEGORY	HOLDERS	PERCENTAGE	SHARES	AMOUNT	PERCENTAGE
1 - 5000	2587	78.91	537265	5372650	7.13
5001 - 10000	293	8.94	253676	2536760	3.37
10001 - 20000	301	9.18	538889	5388890	7.15
20001 - 30000	31	0.95	80222	802220	1.06
30001 - 40000	11	0.34	39566	395660	0.52
40001 - 50000	16	0.49	77588	775880	1.03
50001 - 100000	15	0.46	107580	1075800	1.43
100001 & Above	24	0.73	5901914	59019140	78.31
Total	3278	100.00	7536700	75367000	100.00

(X) Statement Showing Shareholding Pattern as on 31.03.2026

Category	Category of shareholder	No. of share holders	No. of fully paidup equity sharesheld	Shareholdingas a % of totalno. of shares
(A )	Promoter & Promoter Group	11	5054600	67.07
(B )	Public	3267	2482100	32.93
	Total	3278	7536700	100.00

(XI) Dematerialization of shares & liquidity

The Companys shares are compulsory traded in dematerialized form and are available for trading on boththe Depositories in India viz. National Securities Depository Limited (NSDL) and Central Depositary Services (India) Limited (CDSL). Company representing 80.25% of the companys share capital are dematerialized as on 31^st March 2026.

The Companys shares are listed and eligible to trade on the above-mentioned Stock Exchanges in electronic form. Under the Depository System, the International Securities Identification Number (ISIN) allotted to the Companys shares is INE159C01012.

(XIII) Plant	Plot No. 154/A2,	Survey No. 548/A,
Location	Sri Venkateswara Indl. Estate,	Mudireddypalli Village,
	Bollaram,	Balanagar Mandal,
	Medak Dist.	Mahaboobnagar Dist.
	Telangana	Telangana

 

(XIV) Address for Correspondence	# 8-2-334/18, 3rd Floor, Road No.3, Banjara
	Hills,
	Hyderabad-500034, Telangana, India

DECLARATION ON CODE OF CONDUCT AS REQUIRED BY SCHEDULE V OF SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015

I, Vishnu Vardhan Reddy Salguti, Managing Director of SALGUTI INDUSTRIES LIMITED("The Company") hereby state and affirm Schedule V of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015 the members of board of directors and senior management personnel have affirmed compliance with the code of conduct of board of directors and senior management of the company during Financial Year 2025-26.

	For and on behalf of the Board of
	Salguti industries Limited
Place: Hyderabad	Sd/-
DATE:14-08-2026	S. Vishnu Vardhan Reddy
	Managing Director
	(DIN: 00051641)