General Updates

Date: 14th July, 2026 Place: Hyderabad BSE Limited National Stock Exchange of India Department of Corporate Services Listing Department, Listing Department, ‘Exchange Plaza’, C-1, Block-G, PJ Tower, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai 400001, India Mumbai 400051, India Scrip Code: 513228 Scrip Code: PENIND Dear Sir(s), Sub.: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Allotment of 5,50,000 Equity Shares pursuant to exercise of warrants allotted on preferential basis. This is in furtherance to the intimation given by the Company on 18th June, 2026 w.r.t. allotment of 30,00,000 warrants, each convertible into one equity share of face value of Rs. 5/- each on preferential basis to Pennar Holdings Private Limited (“warrant holder”). Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), this to inform you that upon receipt of an amount aggregating to Rs. 6,93,00,000 (Rupees Six Crores Ninety-Three Lakhs Only) as “Warrant Exercise Price” and duly signed application form from Pennar Holdings Private Limited as per the terms of issue of Warrants, the Allotment Committee of Board of Directors of the Company, has on 14th July 2026, considered and approved the allotment of 5,50,000 Equity Shares of Rs. 5/- each, upon conversion/ exchange of/for such number of Warrants, as per the details given in Annexure-I Consequently, the issued and paid-up capital of the Company stands increased to Rs. 67,74,81,155/- consisting of 13,54,96,231 equity shares of Rs. 5/- each. The new equity shares so allotted, shall rank pari passu with the existing equity shares of the Company. The Details required under Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 and SEBI Circular No. SEBI/HO/CFD/CFDPoD-2/CIR/P/2024/185 dated December 31, 2024, are enclosed herewith as Annexure-I and II Kindly take on record the same. Thanking you Yours faithfully, for Pennar Industries Limited Mirza Mohammed Ali Baig Company Secretary & Compliance Officer ACS 29058 Enclosed as above Annexure-I List of Allottees No of equity shares No. of No. of Warrant of face value of Rs. No. of Name of the warrants warrants Exercise 5/- each allotted, S. No. warrants Allottee held after applied for Price upon conversion / allotted conversion conversion (Rs.) exchange of Warrants Pennar Holdings 1. 30,00,000 24,50,000 5,50,000 126/- 5,50,000 Private Limited Annexure-II Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024 Sl. No. Particulars Particulars 1. Type Security issued Equity Shares upon conversion of Warrants 2. Type of issuance Preferential issue 3. Total number of securities issued or the Allotment of 5,50,000 (Five Lakhs Fifty Thousand total amount for which the securities Only) Equity Shares of face value of Rs. 5/- each issued (approximately) upon conversion/ exchange of/for 5,50,000 number of Warrants at an issue price of Rs. 168/- each (Rupees One Hundred and Sixty-Eight only) upon receipt of balance amount “Warrant Exercise Price” aggregating to Rs. 6,93,00,000 (Rupees Six Crores Ninety-Three Lakhs Only) Additional Information in case of preferential issue 4. Name of the Investor Pennar Holdings Private Limited 5. Post allotment of securities – Outcome of Pursuant to the aforesaid allotment, the issued, the subscription, Issue price / allotted price subscribed and paid-up share capital of the (in case of convertibles), Number of Company stands increased from Rs. 67,47,31,155 investors to Rs. 6,77,48,115 and other details in the manner as set out above. 6. No. of Investors 1 (One) 7. Issue price/ allotted price (in case of Rs. 168/- convertibles) Rs. 126/- payable on conversion being the 75% of the issuer price per warrant. 8. In case of convertibles - intimation on Out of 30,00,000 warrants due for conversion, conversion of securities or on lapse of the 5,50,000 warrants have been converted into equity tenure of the instrument; shares of face value of Rs.5/- each. In the event that, a warrant holder does not exercise the warrants within a period of 18 (Eighteen) months from the date of allotment of such warrants, the unexercised warrants shall lapse and the amount paid by the warrant holders on such Warrants shall stand forfeited by the Company.