Shri Jagdamba Polymers Ltd Directors Report

Dear Members,

With an immense pleasure, the Board of Directors of your Company presents the 42^nd Boards Report of the Company together with the Audited Financial Statements for the Financial Year ended March 31, 2026.

FINANCIAL HIGHLIGHTS

The financial statements of the Company have been prepared in accordance with the Indian Accounting Standards (Ind AS) notified under section 133 of the Companies Act, 2013 read with Rule 7 of the (Companies Accounts) Rules, 2014.

The financial performance of the Company, for the Financial Year ended on March 31, 2026, are summarized below:

( in Lakhs)

	Standalone		Consolidated
FINANCIAL RESULTS:	2025-26	2024-25	2025-26	2024-25
Operational Income	41,644.98	48,147.81	43,097.21	48,147.81
Other Income	1,887.27	945.84	1,917.67	946.56
Total Income	43,532.25	49,093.65	45,014.87	49,094.37
Profit/loss before depreciation, Finance, Costs, Exceptional items and Tax Expense	6,562.67	7,872.62	6,340.55	7,870.36
Less: Depreciation	924.87	840.18	1,147.72	840.22
Profit/loss before Finance, Costs, Exceptional items and Tax Expense	5,637.80	7,032.44	5,192.83	7,030.14
Less: Finance Cost	186.09	540.32	421.82	540.32
Profit/Loss before Exceptional Items and Tax Expense	5,451.71	6,492.12	4,771.01	6,489.82
Add: Exceptional Items	285.82	-	285.82	-
Profit/ (Loss) before tax	5,737.53	6,492.12	5,056.83	6,489.82
Current Tax Provision	1,490.00	1,690.00	1,490.00	1,690.00
Deferred Tax Provision	102.68	(7.18)	(63.23)	(7.76)
Short/ (Excess) provision of tax for earlier years	6.22	(0.38)	6.22	(0.38)
Tax expenses	1,598.90	1,682.44	1,432.99	1,681.88
Profit / (Loss) for the year	4,138.63	4,809.68	3,623.84	4,807.94

OPERATIONS Total Income

During the Financial Year ended on March 31, 2026, it is noted that the Standalone total income amounted to 43532.25 Lakhs, reflecting a decline of 11.33% compared to the total income of 49093.65 Lakhs for the previous Financial Year ended on March 31, 2025.

Profit Before Tax

The Standalone profit before tax for the Financial Year ended on March 31, 2026, amounted to 5451.71 Lakhs, reflecting a decline of 16.03% compared to the profit before tax of 6492.12 Lakhs for the previous Financial Year ended on March 31, 2025.

Profit After Tax

The Standalone profit after tax for the Financial Year ended on March 31, 2026, amounted to 4138.63 Lakhs, reflecting a decline of 13.95% compared to the profit after tax of 4809.68 Lakhs for the previous Financial Year ended on March 31, 2025. The Companys Standalone Earnings Per Share (EPS) for the Financial Year 2025-2026 is 47.26 as compared to the EPS of the previous Financial Year 54.92.

BASIS OF PREPARATION OF STANDALONE AND CONSOLIDATED FINANCIAL STATEMENTS

The Annual Audited Standalone and Consolidated Financial Statements for the Financial Year 2025-2026, forming part of this Annual Report, have been prepared in accordance with Indian Accounting Standards (Ind-AS) notified under Section 133 of the Companies Act, 2013, read with Companies (Indian Accounting Standard) Rules, 2015 and requirements of Division II of Schedule III of Companies Act, 2013, and applicable Rules (hereinafter referred to as “the Act”) and in accordance with applicable regulations of Securities and Exchange Board of India (Listing Obligations and Disclosures Requirement) Regulations, 2015, (hereinafter referred to as the “Listing Regulations”).

TRANSFER TO RESERVES

Your Board does not propose to transfer any amount to any reserves of the Company for year under Review.

DIVIDEND

The Board of Directors its meeting held on September 02, 2026 considered the interests of our shareholders and in accordance with the Companys established track record and practices, recommended a dividend of 1 per equity share of 1/- each for the Financial Year 2025-2026 on the Equity Share Capital of 87,58,000/- for the year ended on March 31, 2026, aggregating to 87,58,000 - subject to the approval of the Members at the ensuing Annual General Meeting and subject to deduction of income tax at source.

The Unclaimed Dividend relating to the Financial Year 2018-19, is due for transfer during November 2026 to the Investor Education and Protection Fund (IEPF) established by the Central Government.

During the year under review, there was no requirement to transfer any equity shares to the Investor Education and Protection Fund Authority (“IEPF Authority”), pursuant to the provisions of Section 124(6) of the Companies Act, 2013 read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (“IEPF Rules”).

As of March 31, 2026, a total of 28,000 equity shares of the Company stand credited to the Demat account of the IEPF Authority.

Furthermore, if the dividend is approved by the shareholders at the ensuing Annual General Meeting, it will be disbursed to those members whose names appear in the Register of Members as beneficial owners on the record date, which is Thursday, September 17, 2026. The Registrar & Transfer Agent of the Company will furnish the Register of Members for dividend distribution.

The shareholders are requested to note that the information pertaining to the Tax Deduction at Source on dividends paid which have become taxable in the hands of shareholders, has been mentioned in the notes to the Notice of this Annual General Meeting forming part of the Annual Report.

MANAGEMENT DISCUSSION AND ANALYSIS REPORT

The Management Discussion and Analysis Report for the year under review as stipulated under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is presented in a separate section which forms part of this Annual Report as ANNEXURE- E.

CORPORATE SOCIAL RESPONSIBILITY (CSR)

The Company is committed to discharging its Corporate Social Responsibility ("CSR") obligations in a sustainable and responsible manner. The CSR Committee of the Board oversees the implementation and monitoring of the CSR Policy and ensures that the CSR initiatives undertaken by the Company are in compliance with the provisions of the Companies Act, 2013 and are aligned with the activities specified under Schedule VII of the Act.

The CSR Policy of the Company is available on the Companys website.

The brief outline of the CSR Policy of the Company and the activities undertaken by the Company on CSR during the year under review and relevant details are set out in ANNEXURE-F which forms part of this Board Report.

Further, the composition, number and date of meetings held, attendance of the members of the CSR Committee meetings are given separately in the Corporate Governance report which forms part of this Annual Report.

AUDITORS Statutory Auditor

At the 41^st Annual General Meeting held on September 11, 2025, the members approved appointment of M/s. Jain K S and Associates, Chartered Accountants, Ahmedabad (FRN: 160810W), as Statutory Auditors of the Company to hold office for a period of five consecutive years from the conclusion of 41^st AGM up to the conclusion of 46^th AGM to be held in the year 2029-30. There are no qualifications, reservations or adverse remarks or disclaimers made by the auditors in their report on the financial statements of the Company for the Financial Year ended March 31, 2026. The notes on the Financial Statements referred to in the Auditors Report are self-explanatory and do not call for any comments or explanations.

Internal Auditor

The Board of Directors appointed Mr. Rutil Suthar, Senior Accountant, an employee of the Company as an Internal Auditor of the Company for the Financial Year 2025-2026 to conduct the Internal Audit of the Company. This strategic decision demonstrates our commitment to upholding and enhancing proper and effective internal financial control.

Further, the Board of Directors, at its meeting held on May 19, 2026, appointed Mr Sachin Solanki, Executive Accountant, employee of the company as the Internal Auditor of the Company for the financial year 2026 27.

Secretarial Auditor

Pursuant to the provisions of Regulation 24A of the SEBI (LODR) Regulations and Section 204 of the Companies Act, 2013 read with Rule 9 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, the Board of Directors at their respective meeting held on May 28, 2025 appointed M/s. G. R. Shah & Associates, Company Secretaries, Ahmedabad (COP No.: 14446) as Secretarial Auditor to conduct the Secretarial Audit of the Company for a term of upto 5 (Five) consecutive years, to hold office from financial year 2025-26 till financial year 2029-30, as approved by the Members at the AGM held on September 11, 2025 The Secretarial Audit Report for the financial year ended March 31, 2026, pursuant to Section 204 of the Companies Act, 2013 and Rule 9 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 and Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is annexed herewith as ANNEXURE G. During the audit, the following observations were made by the auditor:

Regulation/ Circular No.	Deviations	Corrective action/ Response of the Company
1. Regulation 33 (3) (d) of SEBI (LODR) Regulations, 2015 and SEBI Master Circular No. SEBI/HO/CFD/ PoD2/CIR/P/2023/120 dated July 11, 2023 (erstwhile SEBI Circular No. CIR/CFD/CMD/ 56/2016 dated May 27, 2016)	The company was required to submit the Declaration of Unmodified Opinion for the financial year ended March 31, 2025, but the financials were submitted with the exchange Declaration of unmodified opinion.	The compliance was made on the very day of receipt of advisory from the stock exchange for compliance where upon the stock exchange also marked it as resolved. It was not non- compliance per se.
2. Regulation 33 of SEBI (LODR) Regulations, 2015	Delay in submission of XBRL of Financial Results for quarter and year ended for 31.03.2025	The Integrated Filing was submitted on the following day due to a technical issue encountered during the filing process. The delay was inadvertent in nature and did not affect the timely disclosure of the Financial Results.
3. Regulation 33 of SEBI (LODR) Regulations, 2015	Figures of Cash and cash equivalents cash flow statement at beginning of period not given for Year Ended March 2025.”	The Standalone Cash Flow Statement XBRL was resubmitted after rectifying an inadvertent omission wherein the figure for “Cash and Cash Equivalents at the Beginning of the Period” was not mentioned. We confirm that there is no change in the audited financial figures as published earlier, and the resubmission is made solely to correct the XBRL file and it has been closed.
4. Regulation 18(2) (b) of SEBI (LODR) Regulations.	Discrepancy/non-compliance related to Audit Committee quorum requirements under Regulation 18(2)(b) of SEBI (LODR) Regulations	The observation pertains to an inadvertent clerical error in the Corporate Governance Report for the quarter ended 31 December 2024, wherein the Audit Committee quorum was incorrectly disclosed as comprising one Independent Director instead of two Independent Directors. The Audit Committee meeting was duly constituted and conducted with the requisite quorum in compliance with Regulation 18(2)(b) of the SEBI (LODR) Regulations, 2015. The discrepancy was limited to the disclosure and did not result in any non- compliance. The Company has taken note of the observation and shall ensure greater accuracy in future filings.

CONSERVATION OF ENERGY, TECHNOLOGY, ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO

The information on conservation of energy, technology absorption and foreign exchange earnings and outgo as stipulated under Section 134 of the Act read with the Companies (Accounts) Rules, 2014 (as amended from time to time), is set out herewith as ANNEXURE H to this Boards Report.

RELATED PARTY TRANSACTIONS

All transactions entered by the Company during the Financial Year with related parties were in the ordinary course of business and on an arms length basis. The Policy on materiality of related party transactions and dealing with related party transactions as approved by the Board may be accessed on the Companys website at https://www.shrijagdamba.com/investor-relations/corporate-governance/policies-and-guidelines . Pursuant to provisions of Section 134 (3) (h) of the Act, a statement showing particulars of contracts and arrangements with related parties under Section 188(1) of the Act in the prescribed Form-AOC-2 is annexed to the Board Report as ANNEXURE I.

CORPORATE GOVERNANCE

Your Company has complied with the requirements of corporate governance as prescribed under Schedule V of the SEBI (LODR) Regulations, 2015. A separate report on corporate governance forms the part of the annual report as ANNEXURE-J. A certificate from the Practicing Company Secretary regarding compliance of conditions of Corporate Governance is presented under Annexure- D.

VIGIL MECHANISM/ WHISTLE BLOWER POLICY

The Company has implemented Vigil Mechanism. For details, please refer Corporate Governance Report attached as

ANNEXURE J.

DISCLOSURE RELATING TO REMUNERATION OF DIRECTORS, KEY MANAGERIAL PERSONNEL AND PARTICULARS OF EMPLOYEES

The details of remuneration of Directors, Key Managerial Personnel and Particulars of Employees and other information required under Section 197(12) of the Act read with Rule 5 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 is set out in ANNEXURE K which forms part of this Board Report.

CODE OF CONDUCT

Pursuant to the provisions of Regulations 8 & 9 of SEBI (Prohibition of Insider Trading) Regulations, 2015, the Board of Directors has formulated, implemented and has in place a comprehensive “Code of Fair Disclosure of Unpublished Price Sensitive Information” & “Code of Conduct for Prevention of the Insider Trading” for regulating, monitoring and reporting the trading by Designated persons of the Company which exemplifies the spirit of good ethics and governance and is applicable to the Designated personnel of the Company which includes Promoters, Promoter Group, Key Managerial Personnels, Directors, Senior Management and such other employees of the Company and others in fiduciary relationships and as may be approved by the Board of Directors, from time to time, based on the fact of having access to unpublished price sensitive information. The referred Code(s) lays down guidelines advising the Designated Personnel on procedures to be followed and disclosures to be made while dealing with the securities of the Company.

Further, the Board Members and Senior Management Personnel have affirmed compliance with the code of conduct. A declaration with regards to compliance with the Code of Conduct for the Financial Year 2025-2026 has been received by the Company from the Managing Director and is annexed to the Corporate Governance Report, which forms part of this Annual Report.

DIRECTORS RESPONSIBILITY STATEMENT

In terms of Section 134(3)(c) of the Act in relation to financial statements of the Company for the year ended March 31, 2026, the Board of Directors states that:

a) in the preparation of the annual accounts for the Financial Year ended March 31, 2026, the applicable accounting standards have been followed and there is no material departure from the same;

b) 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 of the Company for that period;

c) 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;

d) the directors have prepared the annual accounts for the Financial Year ended March 31, 2026, on a going concern basis;

e) 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

f) the directors have devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.

ANNUAL RETURN

As required under the provisions of Section 134(3)(a) and Section 92(3) of the Act read with Rule 12 of the Companies (Management and Administration) Rules, 2014, (including any statutory modification(s) or re-enactment thereof for the time being in force), the Annual Return in Form No. MGT-7 is placed on the website of the Company at https://www.shrijagdamba.com/investor-relations/disclosures-under-regulation-46/annual-return/.

RISK MANAGEMENT POLICY

The Company has well laid out risk management policy, which periodically assess the threats and opportunities that will impact the objectives set for the Company as a whole. The policy is designed to provide the categorization of risks into threats and its causes, impact, treatment and control measures which is also available on our website https://www.shrijagdamba.com/investor-relations/corporate-governance/policies-and-guidelines.

The Audit Committee also reviews the adequacy of the risk management framework of the Company, the key risks associated with the business and measure and steps in place to minimize the same. As a part of the Risk Management Policy, the relevant parameters for protection of environment, safety of operations and health of people at work are monitored regularly. Discussion on risks and concerns are covered in the Management Discussion and Analysis Report (MDA), which forms a part of this Annual Report.

PREVENTION OF SEXUAL HARASSMENT OF WOMEN AT WORKPLACE

The Company is committed to creating a safe and healthy work environment, where every employee is treated with respect and is able to work without fear of discrimination, prejudice, gender bias, or any form of harassment at the workplace. The Company has in place a policy on prevention, prohibition and redressal of sexual harassment at workplace and has complied with the provisions relating to the constitution of Internal Complaints Committee in line with the requirements of The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (as amended). All employees (permanent, contractual, temporary, trainees) are covered under this policy.

There is an Internal Complaints Committee (“ICC”) which is responsible for redressal of complaints related to sexual harassment and follows the guidelines provided in the policy.

The following is a summary of sexual harassment complaints received and disposed of during the year 2025-26: a) No of complaints received: Nil b) No of complaints disposed of: N.A. c) No of cases pending for more than 90days: N.A

MATERNITY BENEFIT ACT

The Company affirms that it has duly complied with all provisions of the Maternity Benefit Act, 1961 / the Code on Social Security, 2020 and has extended all statutory benefits to eligible women employees during the year

HUMAN RESOURCES AND INDUSTRIAL RELATIONS

Your directors believe that the key to the success of any Company are its employees. Industrial Relations were harmonious throughout the year. The Board wishes to place on record their sincere appreciation to the co-operation extended by all employees in maintaining cordial relations and their commitment towards the growth of the Company.

INTERNAL CONTROL SYSTEM AND THEIR ADEQUACY

The Company has Internal Control Systems, commensurate with the size, scale and complexity of its operations. The Internal Audit Department monitors and evaluates the efficacy and adequacy of internal control systems in the Company, its compliances with operating systems, accounting procedures and policies within the Company. Based on the report of internal audit function, process owner undertakes the corrective action in their respective areas and thereby strengthen the internal controls. Significant observations and corrective actions thereon are presented to the Audit Committee from time to time.

MATERIAL CHANGES

Investment in Subsidiary Company by way of Subscription towards Rights Issue

For expansion and the growth of its business activities and to strengthen the subsidiarys financial position through infusion of internal funds, the Board of the company in its meeting held on Friday, May 2, 2025 has accepted the Right Issue Offer Letter along with renunciation letters from existing members through which Company has acquired 39,45,000 equity shares in the subsidiary, whereby the aggregate holding of the Company has increased to 80% of total issued equity share capital of subsidiary.

INFORMATION OF SUBSIDIARY / WHOLLY OWNED / JOINT VENTURES / ASSOCIATE COMPANIES

As on March 31, 2026, the Company has 1 subsidiary company i.e., Global Polyweave Private Limited (the Subsidiary”), a private limited company incorporated on August 20, 2024, under the provisions of the Companies Act, 2013, under the CIN: U13999GJ2024PTC154530, having its registered office in the State of Gujarat.

As on March 31, 2026, the Company does not have any material subsidiary. The Company has framed a policy for determining material subsidiaries, which has been uploaded on Companies website at https://www.shrijagdamba.com/investor-relations/corporate-governance/policies-and guidelines .

A statement containing the salient features of the financial statements of the subsidiaries, associates and joint venture companies in terms of provisions of Section 129(3) of the Companies Act, 2013 in the prescribed Form AOC-1 is annexed as Annexure- L.

DIRECTORS AND KEY MANAGERIAL PERSONNEL (KMP)

The Board of Directors of your Company provides strategic leadership and effective oversight to promote sustainable growth and long-term value creation. The Board is committed to upholding the highest standards of corporate governance by ensuring transparency, accountability, ethical business conduct, and sound decision-making.

The details of size and composition of the Board of Directors:

The details of size and composition of the Board is provided in Corporate Governance Report, which forms part of this Annual Report as Annexure- J.

During the year under review, the following changes took place in the Board Structure and Key Managerial Personnel of the Company:

Changes in Key Managerial Personnel

Ms. Dharmistha Kabra resigned as Company Secretary and Compliance Officer with effect from March 05, 2026.

Ms. Diksha Gehlot was appointed as Company Secretary and Compliance Officer with effect from March 06, 2026.

Changes in the Board of Directors

There was no change in the composition of the Board of Directors during the financial year ended March 31, 2026. Subsequent to the close of the financial year, the following changes took place in the composition of the Board:

The Board, in its meeting held on July 06, 2026, considered, approved and took note of:

Resignation of Mr. Vikas Shrikishan Agarwal (DIN: 03585140) from the post of Director with effect from the closure of business hours of July 06, 2026, due to other professional commitments.

Mr. Maheshkumar Gaurishanker Joshi has completed his two terms as an Independent Director of the Company and ceased to be Independent Director from the closure of business hours of July 06, 2026.

Redesignation of Mr. Ramakant Bhojnagarwala, Managing Director (DIN: 00012733), as the Chairman of the Company commencing from July 07, 2026.

Based on the recommendation of the Nomination & Remuneration Committee, the Board has approved the appointment of Mr. Aalay Girishbhai Mehta (DIN:00853119) as an Additional Director in the category of Non-Executive Independent Director of the Company for a term of 5 (five) consecutive years with effect from July 07, 2026, subject to approval of shareholders of the Company.

Based on the recommendation of the Nomination & Remuneration Committee, the Board has approved the appointment of Mr. Hardik Kirankumar Shah (DIN:11620485) as an Additional Director in the category of Non-Executive Independent Director of the Company for a term of 5 (five) consecutive years with effect from July 07, 2026, subject to approval of shareholders of the Company.

In accordance with the provisions of Section 152(6) of the Act read with the rules made thereunder and in terms of Articles of Association of the Company, Mr. Radhadevi R Agrawal, (DIN: 07309539), who retires by rotation and being eligible, offers herself re-appointment director of the Company is liable to retire rotation at the ensuing 42nd AGM and being eligible, offered herself for re-appointment. The Board of Directors, on the recommendation of the Nomination and Remuneration Committee (“NRC”) has recommended her re-appointment. The disclosures required pursuant to Regulation 36 of the SEBI Listing Regulations read with Secretarial Standard 2 on General Meetings relating to the aforesaid appointment/reappointment of directors are given in the Notice of AGM.

Independent Directors:

The Company has received requisite declarations from the Independent Directors confirming that they meet the criteria of Independence as prescribed under Section 149 of the Act read with the Rules framed thereunder and Regulation 16 of the Listing Regulations. The Independent Directors have complied with the Code for Independent Directors prescribed in Schedule IV to the Act.

The Non-Executive Directors of the Company had no pecuniary relationship or transactions with the Company, other than sitting fees, and reimbursement of out of pocket expenses if any, incurred by them for the purpose of attending meetings of the Company. The Independent Directors have also confirmed that they have registered their names in the data bank of Independent Directors maintained by the Indian Institute of Corporate Affairs. In the opinion of the Board, there has been no change in the circumstances which may affect the status of Independent Directors as an Independent Director of the Company and the Board is satisfied with the integrity, expertise, and experience including proficiency, in terms of Section 150 of the Act and the Rules made thereunder.

FAMILIARISATION PROGRAMME FOR INDEPENDENT DIRECTORS

The Company has in place a familiarisation programme for Independent Directors with the objective of enabling them to familiarise themselves with the Company, its business, operations, industry dynamics, regulatory environment and their roles, rights and responsibilities as Directors.

The details of the familiarisation programmes imparted to the Independent Directors, including the number of programmes attended and the number of hours spent by them during the financial year and on a cumulative basis, are available on the website of the Company at www.shrijagdamba.com/investor-relations/disclosures-under-regulation-46/.

Formal Annual Evaluation

Pursuant to the provisions of Sections 178(2) of the Companies Act, 2013 and Regulation 17(10) of the Listing Regulations, the Nomination and Remuneration Committee/ Board has carried out evaluation of the performance of the Board, its Committees and Independent Directors. A structured evaluation feedback form was prepared after taking into consideration the inputs received from the Directors, covering various aspects such as board composition, flow of board process, information and functioning, establishment and determination of responsibilities of Committees, and quality of relationship between the Board and the management. The performance of Individual Directors and the Board Chairman was also carried out in terms of attendance, contribution at the meetings, circulation of sufficient documents to the Directors, timely availability of the agenda, etc. Further, pursuant to Schedule IV of the Companies Act, 2013, the performance evaluation of the Independent Directors was carried out by the entire Board of Directors of the Company, except the one being evaluated.

Nomination and Remuneration Policy

In compliance with the provisions of Section 178 of the Act, the Nomination and Remuneration Policy of the Company has been designed to keep pace with the dynamic business environment and market linked positioning. The Policy has been duly approved and adopted by the Board pursuant to recommendations of Nomination and Remuneration Committee of the Company and is placed on the website of the Company at https://www.shrijagdamba.com/investor-relations/corporate-governance/policies-and-guidelines .

Key Managerial Personnel

The Company boasts a team of dynamic, highly qualified, experienced, committed, and versatile persons in its management. These persons hold the designation of Key Managerial Personnel (KMPs) in compliance with the applicable provisions. We present below the details of the Key Managerial Personnel for the year under review:

Name	Designation
1 Mr. Ramakant Bhojnagarwala	Chairman & Managing Director
2 Mr. Kiranbhai Bhailalbhai Patel	Whole Time Director
3 Mr. Hanskumar Agarwal	Chief Executive Officer
4 Mr. Anilkumar Babulal Parmar	Chief Financial Officer
5 Ms. Diksha Gehlot	Company Secretary (Appointed with effect from March 06, 2026)
6 Ms. Dharmistha Kabra	Company Secretary (Resigned with effect from March 05, 2026)

BOARD AND COMMITTEE MEETINGS

During the Financial Year under review, the Board of Directors of the Company met for 08 (Eight) times for considering and approval of various agenda items of the Company, which were circulated well in advance to the Board. The details of the Board and Committee meetings are mentioned in the Corporate Governance Report, which forms part of this Annual Report as Annexure- J.

COMMITTEES OF THE BOARD OF DIRECTORS

The Board of Directors has various committees that focus on specific areas and make informed decisions within their delegated authority. These committees also provide recommendations to the Board on matters within their purview. All decisions and recommendations made by the committees are presented to the Board for information or approval. The committees play a crucial role in managing the day-to-day affairs and governance structure of the Company.

For more details about the composition of these committees, meetings held, attendance, and other information, please refer to the Corporate Governance Report, which is included in this Annual Report as Annexure- J. The Board of Directors has the following committees:

Name of Committee

1 Audit Committee

2 Nomination and remuneration committee

3 Stakeholders Relationship Committee

4 Corporate Social Responsibility Committee

Subsequent to the close of the Financial Year ended March 31, 2026, the Company underwent an internal restructuring of its Board of Directors, resulting in changes to the composition of various Board Committees. Details of the revised Board and Committee composition are provided in the Corporate Governance Report annexed hereto as Annexure- J.

OTHER STATUTORY DISCLOSURES

Your directors state that no disclosure or reporting is required in respect of the following matters as there were no transactions on these matters during the year under review: Details relating to deposits covered under Chapter V of the Companies Act, 2013. Issue of equity shares with differential rights as to dividend, voting or otherwise. Issue of shares (including sweat equity shares) to employees of your Company under any scheme or any stock options scheme. No significant material orders have been passed by the Regulators or Courts or Tribunals impacting the going concern status of the Company and its operations in future, during the Financial Year 2025-2026. Neither the Managing Director nor the Whole- time Directors of your Company receive any remuneration or commission from any of its subsidiaries. The Statutory, Secretarial Auditors have not reported to the Audit Committee, under Section 143(12) of the Companies Act, 2013 any instances of fraud committed against your Company by its officers or employees, the details of which need to be mentioned in the Boards report There has been no change in the nature of business of your Company. There was no instance of onetime settlement with any Bank or Financial Institution. During the Financial Year 2025-2026, the Company is not required to maintain cost records as specified by the Central Government under sub-section (1) of Section 148 of the Companies Act, 2013. Investor Education and Protection Fund (IEPF)- The Company is in compliance with the provisions of the Sections 124 & 125 of the Companies Act, 2013, read with the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (“the Rules”), as amended from time to time. Particulars of Loans, Guarantees or Investments- Details of loans granted, investments undertaken, guarantees extended, and securities furnished, along with any specified utilization purposes by the beneficiaries if any, are comprehensively outlined in the Financial Statements accompanying notes. This documentation forms an integral segment of this Annual Report. The Equity Shares of the Company remain listed on "BSE Limited". The Company has already paid the annual listing fees for the Financial Year 2025-2026 and 2026-2027 to maintain its listing status on BSE Limited. As per the NSE Circular No. 1355/2026 dated August 14, 2026, the equity shares of the Company are now permitted to trade and admitted to dealings on NSE under the Permitted to Trade category. In addition to that, the Company has also paid the Annual Custody Charges for the Financial Year 2025- 2026 and 2026-2027 to National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL). During the Financial Year under review, the Company diligently adhered to all the relevant statutory compliances of the Act, Listing Regulations, Secretarial Standards issued by ICSI, and other laws, provisions, and Acts that are applicable to the Company. This unwavering commitment to compliance ensures that the Company operates within the legal framework, maintaining transparency and accountability in its operations. By upholding these standards, the Company strives to build trust among its stakeholders while fostering a culture of responsible corporate governance.

During the year under review, your Company has neither made any application, nor any proceedings were initiated/ pending against the Company under the Insolvency and Bankruptcy Code, 2016 as at the year ended March 31, 2026.

Acknowledgement & Appreciation

The Board of Directors expresses its sincere gratitude to Banks, Financial Institutions, Government authorities, SEBI, Stock Exchanges, Statutory Bodies, and all regulatory agencies for their guidance and support.

We also thank the Management, Directors, Employees, Customers, Business Associates, Vendors, Shareholders, and other stakeholders for their unwavering commitment and trust, which have been vital to the Companys continued growth and success.

The Board acknowledges the dedication and hard work of every member of the Company, whose efforts have enabled us to achieve significant milestones and strengthen our future. Having already entered the financial year 2025 2026, the Board is confident that, with your continued support, the Company will remain well-positioned to navigate challenges, capitalize on opportunities, and drive long-term value for all stakeholders.

Registered Office:	For and on behalf of Board of Directors Shri Jagdamba Polymers Limited
Harmony, 4th Floor,15/A, Shree
Vidhyanagar Co. Op. Hsg Soc. Ltd. Opp.
NABARD, Nr. Usmanpura Garden,
Ahmedabad-380014, Gujarat
	Sd/-	Sd/-
	Ramakant Bhojnagarwala	Kiran Bhailalbhai Patel
Date: September 02, 2026	Chairman & MD	Whole Time Director
Place: Ahmedabad	DIN:00012733	DIN:00045360