Notice of Extraordinary General Meeting of the Members of Kineco Limited

Notice is hereby given that the Extra-Ordinary General Meeting (“EGM”) of the Members of Kineco Limited will be held on Monday, March 02, 2026 at 4:00 P.M. (IST) at Plot No. 41, Pilerne Industrial Estate, Pilerne, Bardez, Goa – 403511 and through Video Conferencing (“VC”)/Other Audio-Visual Means (“OAVM”), to transact the following businesses:

Special Business:

To consider and, if thought fit, to pass, with or without modification(s), the following resolutions:

• Appointment of Group Chief Executive Officer and Executive Director
  Approval for appointment of Mr. Vivek Srivastava (DIN: 09294944) as Group Chief Executive Officer and Executive Director of the Company for a period of five (5) years commencing from January 01, 2026 to December 31, 2031, not liable to retire by rotation, along with the remuneration and terms approved by the Board of Directors pursuant to Sections 196, 197, 203 and other applicable provisions of the Companies Act, 2013.
  
• Approval of Additional Corporate Guarantee
  Approval for providing an additional corporate guarantee of ₹7 crore (in addition to the existing guarantee of ₹5 crore) in favour of HDFC Bank Ltd. to secure the loan facility availed by Kineco Exel Composites India Private Limited, aggregating the total guarantee amount to ₹12 crore.
  
• Approval of Transactions under Section 185 of the Companies Act, 2013
  Approval for the Board of Directors to provide loans, guarantees, or securities up to an aggregate amount of ₹25 crore to subsidiaries, associate companies, joint ventures, or other entities in which directors are interested, subject to applicable provisions of the Companies Act, 2013.
• Alteration of Articles of Association
  Approval for alteration of the Articles of Association of the Company to enable issuance of sweat equity shares and Employee Stock Option Plans (ESOPs) subject to provisions of the Companies Act, 2013.
  
• Approval of ‘Kineco Employee Stock Option Plan 2026’ (ESOP 2026)
  Approval for introduction and implementation of the Kineco Employee Stock Option Plan 2026, authorizing the Board to grant up to 1,49,395 employee stock options, each convertible into one equity share of face value ₹10, to eligible employees of the Company.
  
• Approval for Office or Place of Profit
  Approval for Mr. Prashant Naik (DIN: 01866113), Non-Executive Director of the Company, to hold an office or place of profit as an employee of the Company under the terms and remuneration approved by the Board.

Instruction At Glance