Outcome of Board Meeting

2 September 2026 Na(cid:415)onal Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai - 400051, Mumbai – 400001, Maharashtra, India. Maharashtra, India. Scrip Code: 544367; Scrip Symbol: QPOWER ISIN: INE0SII01026 Dear Sir/Madam, Subject: Outcome of Board Meeting pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"). Further to our prior intimation dated 29 August, 2026, we wish to inform you that the Board of Directors of the Company, at its meeting held today, i.e., Wednesday, 2 September 2026, has inter alia considered the following matters: 1. Proposed preferential issue of equity shares and/or convertible warrants to the shareholders of Winwin Speciality Insulators Limited The Board took up for consideration the proposal for a preferential issue of equity shares and/or convertible warrants to the shareholders of Winwin Speciality Insulators Limited, forming part of the closure of the said transaction, under Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, the Companies Act, 2013 and the rules made thereunder, and other applicable laws. After deliberation, the Board was of the view that the following aspects require further evaluation before the proposal is placed for approval: (a) the Company's overall fund-raising proposal, including the identification and evaluation of the appropriate mode of fund raising (whether by way of a preferential issue, a qualified institutions placement or such other permissible mode), within the ambit of the enabling authorisation for raising of funds accorded by the Board on 13 May 2026; and (b) the proposed preferential issue to the shareholders of Winwin Speciality Insulators Limited, including completion of the ongoing due diligence in respect of Winwin Speciality Insulators Limited. Accordingly, the Board decided to defer consideration of the proposed preferential issue, and the same shall be taken up at a subsequent meeting of the Board of Directors. As no decision on the preferential issue has been taken at this meeting, the specific disclosures prescribed for a preferential issue under Regulation 30 read with Schedule III to the Listing Regulations and the applicable SEBI circular are not presently attracted, and shall be made as and when the proposal is approved by the Board. 2. Re-appointment of Mr. Thalavaidurai Pandyan (DIN: 00439782) as Chairman & Managing Director of the Company. Based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company has recommended the re-appointment of Mr. Thalavaidurai Pandyan (DIN: 00439782) as Chairman & Managing Director of the Company for a term of 5 (Five) consecutive years with effect from March 01, 2027 to February 29, 2032 (both days inclusive), liable to retire by rotation. The said re- appointment is subject to the approval of the shareholders of the Company. The details as required pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026 are enclosed herewith as Annexure I. 3. Re-appointment of Mr Bharanidharan Pandyan (DIN: 01298247) as Whole-Time Director designated as a Joint Managing Director of the Company. Based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company has recommended the re-appointment of Mr. Bharanidharan Pandyan (DIN: 01298247) as Whole Time Director designated as a Joint Managing Director of the Company for a term of 5 (Five) consecutive years with effect from March 01, 2027 to February 29, 2032 (both days inclusive), liable to retire by rotation. The said re-appointment is subject to the approval of the shareholders of the Company. The details as required pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026 are enclosed herewith as Annexure II. 4. Re-appointment of Mrs Chitra Pandyan (DIN: 02602659) as Whole-Time Director of the Company. Based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company has recommended the re-appointment of Mrs Chitra Pandyan (DIN: 02602659) as Whole-Time Director of the Company for a term of 5 (Five) consecutive years with effect from March 01, 2027 to February 29, 2032 (both days inclusive), liable to retire by rotation. The said re-appointment is subject to the approval of the shareholders of the Company. The details as required pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026 are enclosed herewith as Annexure III. 5. Re-appointment of Mr. Mahesh Saralaya (DIN: 10509703) as Whole Time Director of the Company. Based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company has recommended the re-appointment of Mr. Mahesh Saralaya (DIN: 10509703) as Whole Time Director of the Company for a term of 5 (Five) consecutive years with effect from March 01, 2027 to February 29, 2032 (both days inclusive), liable to retire by rotation. The said re-appointment is subject to the approval of the shareholders of the Company. The details as required pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026 are enclosed herewith as Annexure IV. 6. Re-appointment of Mr Sadayandi Ramesh (DIN: 00588780) as Non-Executive Independent Director of the Company. Based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company has recommended the re-appointment of Mr. Sadayandi Ramesh (DIN: 00588780) as Non-Executive Independent Director of the Company for a second term of 5 (Five) consecutive years, with effect from March 15, 2027 to March 14, 2032 (both days inclusive). The said re-appointment is subject to the approval of the shareholders of the Company. The details as required pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026 are enclosed herewith as Annexure V. The meeting of the Board of Directors commenced at 6.00 p.m. and concluded at 6.20 p.m. IST. The above information is also being made available on the website of the Company at www.qualitypower.com Kindly take the above on record. Thanking you, Yours faithfully, For Quality Power Electrical Equipments Limited Deepak Ramchandra Suryavanshi Company Secretary and Compliance Officer ICSI Membership No.: A27641 Place: Sangli Annexure- I Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated 30th January 2026. SR. DETAILS OF EVENTS THAT NEED INFORMATION OF SUCH EVENTS NO. TO BE PROVIDED 1. Reason for Reappointment Re-appointment of Mr. Thalavaidurai Pandyan (DIN: 00439782) as a Chairman and Managing Director of the Company, liable to retire by rotation, for a term of five (5) consecutive years commencing from March 01, 2027 up to February 29, 2032 (both days inclusive), based on the recommendation of the Nomination and Remuneration Committee subject to the approval of the shareholders of the Company. 2. Date of reappointment and terms Effective Date of re-appointment: March 01, 2027 of reappointment Terms of re-appointment: 5 Years commencing from March 01, 2027 to February 29, 2032 (both days inclusive). 3. Brief Profile Mr. Thalavaidurai Pandyan possesses over four decades of experience in High Voltage Electrical Equipment, Power Systems, and Power Quality Solutions. Under his leadership and guidance, the Company has achieved significant operational and business growth. Considering his vast experience, industry knowledge and continued contribution towards the growth and management of the Company, the Board is of the opinion that his reappointment as Chairman & Managing [Showing first 8,000 characters — download PDF for full document]