Outcome of Board meeting dated 14.10.2026

Ref. No.: JDL/2026-27/10-05 October 14, 2026 The Manager, Corporate Relationship Department, BSE Limited, 25th Floor, P.J. Towers, Dalal Street, Mumbai – 400001 Scrip Code: 537254 Subject: Outcome of Board Meeting held on Wednesday, October 14, 2026 Dear Sir/Ma’am, This is to inform you that, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors of JTL Defence Limited (“the Company”) at their meeting held today i.e., 14th October, 2026, has inter alia considered and approved along with other business items, the following: 1. Taken on record cessation of Mr. Ankit Singla (M. No. A69926) as the Company Secretary and Compliance Of(cid:976)icer (Key Managerial Personnel) of the Company w.e.f. close of business hours of October 13, 2026. The resignation letter received by the Company is attached as ‘Annexure-A’. 2. Taken on record cessation of Mr. Naveen Kumar Laroiya as the Chief Financial Of(cid:976)icer (Key Managerial Personnel) of the Company w.e.f. close of business hours of October 13, 2026. The resignation letter received by the Company is attached as ‘Annexure-B’. 3. Appointment of Ms. Devangna Jain (M. No. A49863) as the Company Secretary and Compliance Of(cid:976)icer (Key Managerial Personnel) of the Company with immediate effect. 4. Appointment of Mr. Saurabh Jain as the Chief Financial Of(cid:976)icer (Key Managerial Personnel) of the Company with immediate effect Disclosures pursuant to the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026, pertaining to points 1 to 4 are enclosed herewith as an “Annexure-C”. 5. Raising of funds by way issuance of fully paid-up equity shares of the Company of face value of ₹10 each (the “Rights Equity Shares”) for an amount not exceeding INR 2,460 Lakhs (Rupees Two Thousand Four Hundred and Sixty Lakhs only) by way of a rights issue to the eligible equity shareholders of the Company (under public category) to achieve minimum public shareholding, as on the record date (to be determined and noti(cid:976)ied subsequently) subject to the receipt of applicable regulatory, statutory approvals, in accordance with the provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015, and the Companies Act, 2013 and the rules made thereunder, as amended from time to time, (‘Rights Issue’). A Rights Issue Committee comprising the following Of(cid:976)icials of the Company is formed and delegated with the powers of the Board concerning the Rights Issue: Sr. No. Name of the Member Designation 1. Pranav Singla Chairman 2. Dhruv Singla Member 3. Satinder Singh Member Further, for the purposes of giving effect to the rights issue, the speci(cid:976)ic and detailed terms in relation to the rights issue, including but not limited to the determination of the issue price, rights entitlement ratio, record date, timing of the rights issue and terms of payment will be determined by the Right Issue Committee of the Board authorised in this regard and disclosed to the exchange in due course. The detailed terms of Rights Issue including the procedure for applying in the Rights Issue will be speci(cid:976)ied in the letter of offer which will be sent by the Company to the eligible shareholders holding equity shares of the Company as on the record date in due course. Requisite details for the aforesaid in terms of Regulation 30 read with Schedule III of the Listing Regulations and SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 (“SEBI Master Circular”), is enclosed as “Annexure –D” Further, kindly note that, the trading window for dealing in securities will continue to remain closed and will open 48 hours after publication of results for the quarter and half year ended September 30, 2026. The meeting commenced at 06:30 PM and concluded at 06:55 PM. This is for your information and records purpose. Yours Sincerely, For JTL Defence Limited Pranav Singla Managing Director DIN: 07898093 Annexure-A NAVEEN KUMAR LAROIYA #1102,T OWER-J, VICTORIA HEIGHTS, ZIRAKPUR,S AS NAGAR (MOHALI)-140603, PUNJAB E-Mail: cfo@jtl.one October 13, 2026 The Boardo f Directors JTL Defence Limited Plot No 84-85, HPSIDC, Industrial Area, Baddi, Nalagarh, Solan- 173205, Himachal Pradesh, India Subject: Resignation from the position of Chief Financial Officer of the Company 1, Naveen Kumar Laroiya, son of Sh. Shakti Kumar Laroiya, residing at 1102, Tower-), Victoria Heights, Zirakpur, SAS Nagar (Mohali)- 140603, Punjab, hereby tender my resignation from the position of Chief Financial Officer (CF0) of JTL Defence Limited, due to personal reasons with effect from the close of business hours of October 13,2026 and apart from that, there is no material reason of my resignation. I would like to express my sincere gratitude to the Board of Directors and the management for the opportunity to serve the Company and for the cooperation and support extended to me during my tenure. Kindly take this resignation on record and arrange to file the necessary intimations with the concerned statutory and regulatory authorities. Thanking you, Yours faithfully, laiy Naveen Kumar Laroiya Annexure-B Annexure-C The detailed disclosures pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026 Name Reason For Date of Disclosure of Brief Profile (in case of Change viz. appointment relationships appointment) appointment, and Term of between resignation, appointment directors (in death, case of removal, or appointment otherwise of a director) Mr. Ankit Resignation October 13, Not Not Applicable Singla (M. No. 2026 Applicable A69926) Mr. Naveen Resignation October 13, Not Not Applicable Kumar Laroiya 2026 Applicable Ms. Devangna Appointment October 14, Not Devangna Jain is a qualified Jain (M. No. 2026 Applicable Company Secretary and member of A49863) the Institute of Company Secretaries of India (ICSI), with a strong academic background in Commerce, holding B.Com and M.Com degrees. She has gained professional experience as a CS Trainee at Vardhman Textiles Limited, Ludhiana, and through her association with R. Arora & Associates, a professional firm. Her experience provides a foundation in corporate secretarial practices, statutory compliance, and corporate governance. With a keen eye for detail, analytical abilities, and strong interpersonal and leadership skills, Devangna brings a diligent, responsible, and solution-oriented approach to her professional responsibilities. She is adept at working as per evolving requirements, and collaborating effectively with teams. Her combination of professional qualifications, academic knowledge, and practical exposure positions her to contribute meaningfully to corporate compliance, governance, and secretarial functions. Mr. Saurabh Appointment October 14, Not Saurabh Jain is a seasoned banking Jain 2026 Applicable and financial services professional with over 20 years of experience across business banking, retail banking, insurance, and telecom sales. He has served as Cluster Head – Business Banking at HDFC Bank, Chandigarh and specializes in working capital solutions, credit underwriting, SME and mid- market business development, portfolio management, and strategic relationship management. He has demonstrated strong leadership in driving business growth, managing high-performing teams, ensuring regulatory compliance, maintaining asset quality, and enhancing customer satisfaction. He holds an MBA in Marketing (Major) and Finance (Minor) from Punjab [Showing first 8,000 characters — download PDF for full document]