Proceedings of 42nd AGM of the Company

September 25, 2026 To, To, The National Stock Exchange of India Limited, BSE Limited Exchange Plaza, Floor 25, P. J. Towers Plot no. C/1, G Block, Dalal Street, Bandra-Kurla Complex Mumbai - 400 001 Bandra (E), Mumbai-400051 Scrip Symbol: PIGL Scrip Code:543912 Sub.: Proceedings of 42nd Annual General Meeting held on Friday, September 25, 2026. Dear Sir, With reference to above we hereby submit the summary of proceedings of 42nd Annual General Meeting of the Company held on Friday, September 25, 2026 at 2: 30 PM. through Video Conferencing ("VC") / Other Audio-Visual Means("OAVM") to transact the business as stated in the Notice dated 25th August, 2026, convening the meeting. The 42nd Annual General Meeting was concluded at 2:58 pm. (IST). As per the requirement of Regulation 30, Para A of Schedule – III to the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the summary of proceedings of the 42nd Annual General Meeting of the Company. Please take the same on your record. Yours Faithfully, For, POWER AND INSTRUMENTATION (GUJARAT) LIMITED PADMARAJ PADMNABHAN PILLAI Managing Director (DIN: 00647590) Encl: Proceedings of 42nd Annual General Meeting Summary of Proceedings of 42nd Annual General Meeting of the Company; The 42nd Annual General Meeting ("AGM") of members of Power and Instrumentation (Gujarat) Limited ("the Company") was held on Friday, September 25, 2026 at 2.30 p.m. through Video Conferencing ("VC") / Other Audio Visual Means ("OAVM) pursuant to General Circular No. 09/2024 dated September 19, 2024, issued by the Ministry of Corporate Affairs (MCA) and circular issued by SEBI vide circular no. SEBI/ HO/ CFD/ CFDPoD-2/ P/CIR/ 2024/ 133 dated October 03, 2024 (“SEBI Circular”) and other applicable circulars and notifications issued (including any statutory modifications or re- enactment thereof for the time being in force and as amended from time to time. The Meeting was commenced at 2.30 P.M. Mr. Sumeet Dileep Agnihotri, Chairman & Non–Executive Director of the Company, chaired the proceedings of the Annual General Meeting. Ms. Daisy Mehta, Company Secretary and Compliance Officer extended a warm welcome to the Directors, Members and others present in the meeting. She then introduced the other panel members present during the AGM. The Statutory Auditors and Secretarial Auditors were also present at the AGM. Total 36 members were present through Video Conferencing ("VC") / Other Audio-Visual Means ("OAVM). The Total number of shareholders as on cut-off date i.e. September 18, 2026 were 32,947 . The requisite quorum being present and with the permission of the Chairman, the Company Secretary called the Meeting to be in order. He recorded presence of all directors, auditors and invitees of the company. Sr. Name of Directors and Auditors Designation 1 Mr. Sumeet Dileep Agnihotri Chairman & Non–Executive Director 2 Mr. Padmaraj Padmnabhan Pillai Managing Director 3 Ms. Padmavati Padmanabhan Pillai Director 4 Ms. Kavita Padmaraj Pillai Director 5 Mr. Rohit Maheshwari Chief Financial officer (CFO) 6 Mr. Manav Rastogi Non-Executive Independent Director 7 Mr. Amit Uttamchandani Non-Executive Independent Director 8 Mr. Marmik Shah From MAAK & Associates, Statutory Auditor of the Company 9 Mr. Tirth Shah From Tirth S Shah & Associates, Internal Auditor of the Company 10 Mr. Nisarg Sharma From Nisarg Sharma and Associates, Secretarial Auditor of the Company Chairman of the Audit Committee, Nomination and Remuneration Committee, Stakeholder relationship Committee & Corporate Social Responsibility Committee were present at the Meeting. Then after he requested the Managing Director to convey the MD’s message to the shareholders. The Managing Director has conveyed the message to the shareholders. Managing Director then requested Company Secretary to table the agenda of the Annual General meeting as per the Notice of the meeting. Ms. Daisy Mehta stated that the Notice of Meeting and Annual Report was made available to all shareholders. The Notice convening the 42nd AGM was taken as read. As the Auditors Report on the Financial Statements (Standalone and Consolidated) for the year ended March 31, 2026 had no qualifications, reservations, observations, adverse remarks or disclaimer, the same was not required to be read at the Meeting. She then informed the members that the Company has provided the facility for e-voting through the CDSL Only those shareholders can exercise the right to vote, who haven't cast their vote through remote e-voting. It was clarified that only those members holding shares of the Company as on cut-off date i.e., September 18, 2026 were eligible to participate in the remote e-voting as well as e-voting at the meeting. The following items as stated in the notice of the 42nd AGM were placed for voting at the AGM: Sr. Details of the Agenda items Resolution Ordinary Business: 1. 1. To receive, consider and adopt Ordinary • the Standalone audited Financial Statement of the Company for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon; • the Consolidated audited Financial Statement of the Company for the financial year ended March 31, 2026 and the reports of Auditors thereon; 2. To appoint Mrs. Padmavati Padmanabhan Pillai (DIN: 02026354), who Ordinary retires by rotation as a Director being eligible, offers herself for re- appointment. Special Business: 3. To Ratify the remuneration of Cost Auditors M/S. Mayur Chhaganbhai Ordinary Undhad & Co., Cost Accountant, Ahmedabad (FRN: 103961) for the financial year ending March 31, 2027 4. To appointment of Nisarg Sharma and Associates as secretarial auditor Ordinary to fill casual vacancy and regular appointment 5. To approve material related party transactions to be entered by the Ordinary Company with related parties 6. To approve the adoption of “PIGL ESOP Scheme 2026” Special 7. Approval of grant of employee stock options under the ESOP Scheme to the eligible employees of the Company’s Group Companies including Company’s Subsidiary Companies, Associate Companies and Holding Company Ms. Daisy Mehta invited the shareholders who had registered themselves as speakers to put forth their queries, suggestions and comments. However, none of the registered speakers joined the Meeting. Accordingly, no open discussion or interaction session was held. Thereafter, Ms. Daisy Mehta, informed that E-voting portal provided by CDSL will remain open for 15 minutes post conclusion of this AGM. All the members who have not casted their votes through remote e-voting can cast their votes through the e-voting during the meeting. The members can drop their queries related financials or these AGM at the email ids provided in the notice, the management will reply to the queries in relevant time frame available after the proceedings of the AGM are over. It was informed that the Company had appointed Mr. Nisarg Sharma, Proprietor of M/s Nisarg Sharma and Associates, Practicing Company Secretaries for the purpose of scrutinizing the voting process (both remote evoting and e-voting through CDSL at the AGM) in a fair and transparent manner, for the resolutions included in Notice dated August 25, 2026. The above businesses were transacted through remote e-voting and e-voting during the meeting through CDSL at the AGM as required under Companies Act & SEBI (LODR) Regulations, 2015. She informed that the voting results of 42nd Annual General Meeting will be submitted to Stock Exchange and placed on website of the Company. After all agenda items were taken up, the Company Secretary then thanked all the members for attending the meeting and their co-operation throughout the Meeting. The Meeting concluded at 2:58 P.M. Please take the same on your record. Yours faithfully, For, POWER AND INSTRUMENTATION (GUJARAT) LIMITED PADMARAJ PADMNABHAN PILLAI MANAGING DIRECTOR (DIN: 00647590)