Shareholders meeting

17th July, 2026 BSE Limited National Stock Exchange of India Limited 1st Floor, New Trading Wing, Exchange Plaza, 5th Floor, Rotunda Building, P.J. Towers, Plot. C/1, G-Block, Dalal Street, Fort, Bandra - Kurla Complex, Bandra (East), Mumbai - 400 001 Mumbai - 400 051 BSE Scrip Code: 544597 NSE Symbol: PIRAMALFIN Dear Sir / Madam, Sub.: Notice of Postal Ballot – Intimation under Regulations 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’) Pursuant to Regulations 30 and 51 of SEBI Listing Regulations, please find enclosed a copy of the Notice of Postal Ballot (‘Notice’) of the Company. The Notice is being sent to the Members for seeking approval on the following items of special business: Item No. Resolution Resolution Type 1. Approval to raise capital by way of qualified institutions Special Resolution placement(s), rights issue, preferential allotment or a private placement(s) and/or any combination thereof to eligible investors through an issuance of equity shares or other eligible securities for an amount aggregating up to Rs. 4,000 crore. In compliance with the relevant circulars issued by the Ministry of Corporate Affairs, the Notice is being sent through e-mail to those members whose e-mail addresses are registered with the Company / Depositories / Company’s Registrar and Share Transfer Agent i.e., MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited) (‘MUFG’) as on Friday, 10th July, 2026 (‘Cut-off Date’). The Company has engaged the services of National Securities Depository Limited to provide remote e-voting facility to its Members. The e-voting facility will be available during the following period: Commencement of e-voting period 9:00 a.m. IST on Sunday, 19th July, 2026 Conclusion of e-voting period 5:00 p.m. IST on Monday, 17th August, 2026 The Notice is also available on the Company’s website www.piramalfinance.com. Request you to please take the above on record. Thanking you. Yours faithfully, For Piramal Finance Limited (Formerly known as Piramal Capital & Housing Finance Limited) Bipin Singh Company Secretary Encl.: As above PIRAMAL FINANCE LIMITED (Formerly known as Piramal Capital & Housing Finance Limited) CIN: L64910MH1984PLC032639 Registered office: 601, 6th floor, Amiti Building, Piramal Corporate Park, Kamani Junction, Opp. Fire Station, LBS Marg, Kurla (West), Mumbai - 400070 Tel: +91-22-6918 1200; Fax: +91-22-6835 9780; Website: www.piramalfinance.com; E-mail: corporate.secretarial@piramal.com NOTICE OF POSTAL BALLOT [Pursuant to the provisions of Section 108 and 110 of the Companies Act, 2013 read with Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014] Dear Member(s), NOTICE is hereby given pursuant to the provisions of Sections 110 read with Section 108 and other applicable provisions, if any, of the Companies Act, 2013 (‘the Companies Act’), read with Rules 20 and 22 of the Companies (Management and Administration Rules, 2014 (‘the Rules’), read with Secretarial Standard - 2 on General Meetings, the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘the Listing Regulations’) and in accordance with the requirements prescribed by the Ministry of Corporate Affairs (‘MCA’) for holding general meetings / conducting postal ballot process through electronic voting (‘remote e-voting’) vide General Circular Nos. 14/2020 dated 8th April, 2020, 17/2020 dated 13th April, 2020, and subsequent circulars issued in this regard, the latest being 3/2025 dated 22nd September, 2025 (‘MCA Circulars’) and other applicable laws and regulations, as amended from time to time (including any statutory modification(s) or re-enactment(s) thereof for the time being in force), that the resolution appended below is proposed to be passed by the Members of Piramal Finance Limited (Formerly known as Piramal Capital & Housing Finance Limited) (‘the Company’), by way of Postal Ballot, only through remote e-voting process. In compliance with Regulation 44 of the Listing Regulations and pursuant to the provisions of Sections 108 and 110 of the Companies Act read with the rules framed thereunder and in compliance with the aforesaid MCA Circulars, this Postal Ballot Notice (‘Notice’) is being sent only through electronic mode to those Members whose e-mail addresses are registered with the Registrar and Share Transfer Agent (‘RTA’) / Company / Depositories. Accordingly, in terms of the MCA Circulars, physical copy of the Notice is not being sent to the Members. If your e-mail address is not registered with RTA / Company/ Depositories, please follow the process provided in the Notes to receive this Notice. An Explanatory Statement pursuant to Sections 102, 110 and other applicable provisions, if any, of the Companies Act, setting out the material facts concerning the said resolution and the reasons thereof are annexed hereto for your consideration. The Board of Directors of the Company have appointed Mr. Bhaskar Upadhyay, (Membership No. 8663, FCS: 9625), Practicing Company Secretary, failing him Mr. Bharat Upadhyay, (Membership No. 5436, FCS: 4457), Practicing Company Secretary of N L Bhatia & Associates, Practicing Company Secretaries as the Scrutinizer, for conducting the Postal Ballot remote e-voting process in a fair and transparent manner and he has communicated his willingness to be appointed for the said purpose. The Company has engaged the services of National Securities Depository Limited (‘NSDL’) for the purpose of providing remote e-voting facility to all its Members. Members are required to communicate their assent (FOR) or dissent (AGAINST) through remote e-voting system only. The remote e-voting period commences from Sunday, 19th July, 2026 from 9:00 a.m. (IST) and ends on Monday, 17th August, 2026 at 5:00 p.m. (IST). The e-voting facility will be disabled by NSDL immediately after 5:00 p.m. (IST) on Monday, 17th August, 2026, and same will be disallowed thereafter. Members desiring to exercise their votes are requested to carefully read the “Instructions for Members for remote e-voting” enumerated in the Notes to this Notice. After completion of scrutiny of the votes, the Scrutinizer will submit its report to the Chairman of the Company, or any other person authorised by the Chairman. The result of the Postal Ballot shall be announced on or before Wednesday, 19th August, 2026. The said results along with the Scrutinizer’s Report shall be placed on the Company’s website www.piramalfinance.com and on the website of NSDL www.evoting.nsdl.com/ immediately. The Company shall simultaneously forward the results to BSE Limited and National Stock Exchange of India Limited (together referred to as ‘Stock Exchanges’), where the shares of the Company are listed. The resolution, if approved, shall be deemed to have been passed on the last date of remote e-voting i.e. Monday, 17th August, 2026. SPECIAL BUSINESS 1. Approval to raise capital by way of qualified institutions placement(s), rights issue, preferential allotment or a private placement(s) and/or any combination thereof to eligible investors through an issuance of equity shares or other eligible securities for an amount aggregating up to Rs. 4,000 crore To consider, and if thought fit, to pass the following resolution as a Special Resolution: “RESOLVED THAT, pursuant to Sections 23(1), 42, 62(1), 179 and other applicable provisions, if any, of the Companies Act, 2013 and the applicable rules made thereunder (“the Companies Act”), (including the Companies (Prospectus and Allotment of Securities) Rules, 2014 and the Companies (Share Capital and Debentures) Rules, 2014), and each including any amendment(s), statutory modification(s), or re-enactment(s) thereof for the time being in force and in accordance with the provisions of the Memorandum of Association (“MoA”) and Articles of [Showing first 8,000 characters — download PDF for full document]