Clarification Regarding Movement in the Price of Equity Shares of the Company

CIN: L17309GJ2017PLC098117 October 21, 2026 To, To, BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Mumbai 400 001 Bandra - Kurla Complex, Bandra (East), Mumbai 400 051 BSE Scrip Code: 544448 NSE Symbol: PASHUPATI Subject: Clarification Regarding Movement in the Price of Equity Shares of the Company Reference: 1. BSE Email Ref. No. L/SURV/ONL/PV/AJ/2026-2027/4415 dated October 21, 2026. 2. NSE Letter Ref. No. NSE/CM/Surveillance/17737 dated October 21, 2026. Dear Sir / Madam, This is with reference to the above-mentioned communications received from BSE Limited and the National Stock Exchange of India Limited seeking clarification regarding the movement in the price of the equity shares of Pashupati Cotspin Limited (“the Company”). In this regard, we wish to clarify that the Company has been complying with the disclosure requirements prescribed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time (“Listing Regulations”). All material events, information and developments relating to the Company that require disclosure under the applicable regulatory framework have been duly intimated to the Stock Exchanges within the prescribed timelines. Further, we hereby confirm that, as on the date of this letter, there are no pending events, information or impending announcements that have a bearing on the operations or performance of the Company—including any unpublished price sensitive information (UPSI)—that have not been intimated to the Stock Exchanges. All relevant information that requires disclosure has been submitted in a timely manner. Therefore, the said movement in the price of the shares of the Company across the Exchanges is due to market conditions and is purely market-driven. The Company does not have any information that could be related to the same. The Company remains committed to maintaining the highest standards of corporate governance and ensuring timely, adequate and transparent disclosures in compliance with the Listing Regulations and other applicable laws. We request you to kindly take the above clarification on record. Thanking you, Yours faithfully, For, Pashupati Cotspin Limited Saurin Jagdish Bhai Parikh Managing Director DIN: 02136530