Shareholders meeting

Date : 02.09.2026 Place: Hyderabad BSE Limited The National Stock Exchange of India Limited PhirozeJeejeebhoy Towers, BandraKurla Complex, Bandra East Dalal Street, Fort, Mumbai - 400 001 Mumbai - 400 051 Scrip code: 513228 Scrip Symbol: PENIND Dear Sir/Madam, Sub: Notice of 50th Annual General Meeting - reg. Pursuant to applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please be informed that: Pursuant to Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Notice of 50th Annual General Meeting of the Company to be held on 24th September, 2026 at 11.00 A.M (IST) through video conferencing (VC)/ other audio visual means (OAVM), facility provided by M/s. KFin Technologies Limited, being sent to shareholders to their registered email address, in compliance General Circular No. 09/2024 dated 19th September, 2024 read with the circulars issued earlier on the subject (collectively referred to as ‘MCA Circulars’) and SEBI vide its Circular Nos. SEBI/HO/CFD/CFD-POD-2/P/CIR/2024/133 dated 3rd October, 2024 read with the circulars issued earlier on the subject (collectively referred to as “SEBI Circulars”). Kindly take the same on record. Thanking You, Yours faithfully, for Pennar Industries Limited Mirza Mohammed Ali Baig Company Secretary & Compliance Officer ACS29058 Notice NOTICE NOTICE is hereby given that the 50th Annual General Meeting SPECIAL BUSINESS: (AGM) of members of M/s. Pennar Industries Limited will be 3. To ratify the remuneration payable to M/s. held on Thursday, the 24th September, 2026 at 11:00 A.M. Kandikonda & Associates., Cost Accountants through Video Conferencing (“VC”) / Other Audio Visual (Registration No. 101361) for the financial year ending Means (“OAVM”) to transact the following businesses: 31st March, 2027 and in this regard to consider and if ORDINARY BUSINESS thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution: 1. To receive, consider and adopt the audited financial statement (including audited consolidated financial “RESOLVED THAT pursuant to the provisions of statements) of the company for the financial year Section 148 and all other applicable provisions of ended 31st March, 2026 together with the reports of the Companies Act, 2013 and the Companies (Audit the Board of directors and the auditors thereon and in and Auditors) Rules, 2014 (including any statutory this regard, pass the following resolutions as Ordinary modification(s) or re-enactment thereof, for the Resolutions: time being in force), the consent of the members be and is hereby accorded to ratify the appointment - “RESOLVED THAT the audited financial statement of of M/s. Kandikonda & associates., Cost Accountants the Company for the financial year ended 31st March, (Registration No. 101361) made by the Board of Directors 2026 and the reports of the Board of Directors and of the Company, to conduct the audit of the cost Auditors thereon laid before this meeting, be and are records of the Company for the financial year ending hereby considered and adopted.” 31st March, 2027, and also to ratify the remuneration of - “RESOLVED THAT the audited consolidated financial Rs. 1,00,000/- p.a. as an audit fee including all taxes statement of the Company for the financial year ended and duties and out of pocket expenses.” 31st March, 2026 and the report of Auditors thereon laid “RESOLVED FURTHER THAT the Board of Directors of before this meeting, be and are hereby considered and the Company be and is hereby authorised to do all acts adopted.” and take all such steps as may be necessary, proper or 2. To appoint a Director in the place of Mr. Eric James expedient to give effect to the aforesaid resolution.” Brown (DIN: 07670880) who retires by rotation and being eligible offers himself for re-appointment as a Director and in this regard, pass the following By Order of the Board resolution as an Ordinary Resolution: for Pennar Industries Limited “RESOLVED THAT pursuant to the provisions of Section 152 of the Companies Act, 2013, Mr. Eric James Mirza Mohammed Ali Baig Brown (DIN: 07670880), who retires by rotation at this Company Secretary & meeting and being eligible has offered himself for Place : Hyderabad Compliance Officer re-appointment, be and is hereby re-appointed as a Date : 12.08.2026 ACS 29058 Director of the Company, liable to retire by rotation.” Notes : 6. The Board of Directors of the Company has appointed Mr. Subhash Kishan Kandrapu, Practicing Company 1. An Explanatory Statement pursuant to the provisions Secretary, (Membership No. 32743 and Practicing No. of Section 102(1) of the Companies Act, 2013 with 17545) (a peer reviewed Practicing Company Secretary) respect to the special business set out in the notice is as Scrutinizer, to scrutinize the voting and remote annexed herewith. e-voting process in a fair and transparent manner. 2. In compliance with the MCA Circulars and SEBI Post receiving the Scrutinizer’s Report, the Company Circulars, the provisions of the Act and the SEBI Listing shall communicate the voting results within two Regulations, the 50th AGM is being conducted through working days from the conclusion of the meeting to VC/OAVM herein after called as “e-AGM”. In view of the the Stock Exchanges. The results declared along with same, the registered office of the Company shall be the Scrutinizer’s Report shall be placed on the website deemed to be the venue of the AGM. of the Company https://www.pennarindia.com/ and on the website of https://evoting.kfintech.com. 3. Pursuant to the provisions of the Act, a Member entitled to attend and vote at the AGM is entitled to 7. In case of joint holders attending the meeting, the appoint a proxy to attend and vote on his/her behalf shareholders whose names appear as the first holder in and the proxy need not be a Member of the Company. the order of names as per the Register of Shareholders Since this AGM is being held pursuant to the MCA of the Company will be entitled to vote. Circulars through VC / OAVM, physical attendance of 8. To support the ‘Green Initiative’, shareholders who Members has been dispensed with. Accordingly, the have not yet registered their email addresses are facility for appointment of proxies by the Members will requested to register the same with their Depository not be available for the AGM and hence the Proxy Form Participants (DPs) in case the shares are held by them and Attendance Slip are not annexed to this Notice. in electronic form and with RTA in case the shares are 4. Pursuant to the provisions of Section 108 of the held by them in the physical form. Companies Act, 2013 (“Act”) read with Rule 20 of the 9. Information with regard to the Directors proposed to Companies (Management and Administration) Rules, be re-appointed, is annexed to this Notice in terms 2014 (as amended), Regulation 44 of SEBI (Listing of the SEBI Listing Regulations and the Secretarial Obligations and Disclosure Requirements) Regulations Standard on General Meetings issued by the Institute 2015 (as amended), MCA Circulars, SEBI Circulars and of Company Secretaries of India. Secretarial Standard on General Meetings (“SS-2”) issued by the Institute of Company Secretaries of India 10. SEBI has mandated furnishing of PAN, KYC details the Company is providing facility of remote e-voting (i.e., postal address with pin code, e-mail address, to its shareholders in respect of the business to be mobile number, bank account details) and nomination transacted at the AGM. For this purpose, the Company details by holders of securities. Shareholders are has entered into an agreement with KFin Technologies requested to update the said details against folio/ Limited (“KFintech”) for facilitating voting through demat account. The forms prescribed by SEBI in this electronic means, as the authorized e-voting agency. re [Showing first 8,000 characters — download PDF for full document]