Financial results for the quarter and half year ended September 30, 2026

22nd October 2026 To, To, BSE Limited National Stock Exchange of India Limited Floor 25, P J Towers, Dalal Street Exchange Plaza, Bandra Kurla Complex Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Scrip Code: 513519 Scrip Code: PITTIENG Dear Sirs, Sub: Outcome of Board Meeting We wish to inform you that the Board of Directors of the Company at its meeting held today i.e. 22nd October 2026 has inter alia: 1. Approved the un-audited financial results of the Company for the quarter and half-year ended 30th September 2026. Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, we enclose the statement of the un-audited financial results of the Company for the quarter and half-year ended 30th September 2026 along with the limited review report as provided by the statutory auditors. 2. Declared an interim dividend of ₹ 2/- (40%) per equity share of face value of ₹ 5/- each for the financial year 2026-27. 3. Fixed record date as Monday, 2nd November 2026 for the purpose of payment of interim dividend for the financial year 2026-27. The interim dividend shall be paid on or before 21st November 2026, to the equity shareholders of the Company, whose names appear on the register of members of the Company or in the records of the depositories as beneficial owners of the shares as on 2nd November 2026 which is the record date fixed for the purpose. 4. Approved a capex of ₹450 crores to increase manufacturing capacities and value-addition capabilities and consolidate the Company's fragmented lamination manufacturing operations in Karnataka into a single integrated manufacturing facility. The project is proposed to be implemented in phases up to FY 2030-31. 5. Noted the second grant of 5,77,500 employee stock options under the ‘Pitti Engineering Limited Employees Stock Option Scheme 2024 (“Pitti ESOP Scheme 2024” or “Scheme”) at the exercise price of ₹ 736.72 to the eligible employees of the Company made by the Nomination and Remuneration Committee at its meeting held on 22nd October 2026. 6. Re-designation of Senior Management Personnel and Appointment of Deputy Chief Operating Officer The Board of Directors has approved the re-designation of the following Senior Management Personnel of the Company, with effect from 22nd October 2026: Name Current Designation New Designation Shri Sandip Agarwala COO – Motor & Generator Deputy Chief Executive Officer C omponents Business Shri Chaitra Sundaresh Deputy Chief Operating Officer COO – Motor & Generator C omponents Business The Board has also approved the promotion of Shri Avinash Arun Patil from President – Maharashtra Operations to Deputy Chief Operating Officer of the Company, with effect from 22nd October 2026. Consequent to such promotion, Shri Avinash Arun Patil shall form part of the Senior Management Personnel of the Company in terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The relevant details as required under Regulation 30 of the 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 as updated on 30th January 2026 for item no. 4 to 6 above are attached as Annexure 1 to 3 respectively. The meeting of the Board of Directors of the Company commenced at 4:30 PM and concluded at 5:10 PM. Kindly take the same on record. Thanking you, Yours faithfully, For Pitti Engineering Limited Mary Monica Braganza Company Secretary & Chief Compliance Officer FCS: 5532 I N D I a t i & talati l p 0 C \ rf-er� c c o "�f- C l� f - s I n d e p e n den t A u di t o r ' s L i mi t e d R e v i ew Repor t o n t h e Un a udi t e d F i nanci a l Re s u tl s o f Pi t t i Eng ni ee r ni g Limi t e d ( " t h e Comp a ny " ) fo r t he Qua r t e r and H a l f Y e a r ende d S e p t ember 30 , 20 2 6 pur s uan t ot t he re q uirem e n t s o f R e g u l a t i o n 33 o f t h e SE B I L( si t i ng Obliga t oi ns a n d D si clo s u r e R e quirem e n t s ) R e g ul a t ion s , 2 0 15 , a s a me n de d . T h e B o a r d o f Dir e c t ors o f Pi t t i En g i neer ni g L i mi t e d We have r e v iewe d t he a cco m p anyi n g Sta t emen t o f U na u d i t ed F ni a n cia l Re s u l t s o f Pit it E n g i n eeri n g L i m i te d ("t h e C o m p a n y") of r t he q u a r t er a n d hal f year en d e d S e p t ember 3 0 , 2 0 2 6 h( ere ni a f t er r eferre d to a s " t h e S tateme n t"), bei n g s u b m i tt e d b y ht e C o m p a n y p u r s ua n t t o the r e q u ri e m e n t s o f R e g u l a oit n 3 3 o f t h e S E B I L( i s tin g O bl gi at oi n s a n d D si cl o s u r e R e q uiremen st ) R e g ula oit n s, 2 0 1 5 , a s a me n d e d ( t h e "L si nti g R e g u l a it o n " ). 2 . T he Sta t eme n t w , h i ch si t he r e s p o n s i b ili yt o f t h e C o m p a n y 's Management a n d a p p r o v ed b y t he C o m p a n y ' s B o ar d o f D ri ector s , ha s been prepared in a c cordance w i t h t he r eco g n i t i o n a nd mea s u reme n t pr ni ciple s la di dow n i n India n A cc o u n ti n g Sta n dard 3 4 , " I n t er i m F ni a n cial R e p o r t i n g " ( "I n d A S 3 4 " ) , pre s cr bi e d un d er Sec oit n 1 3 3 o f C o m p anie s Act, 2 0 1 3 a s a me n de d , r ea d w i ht r e l eva n t rule s si s u e d t here u n d er an d ot h er acc o un nit g princi p le s ge n e r a ll y a c cep t ed i n In d ia a n d in c o m p liance w hti Re g u l atio n 3 3 o f t h e L istin g Re g ulat oi n s . O ur r esp o n s ibil yit i s to e x pre s s a c o n clusio n o n h t e State m e n t ba s e d o n o u r r ev i ew We c o n duc t e d our r e v iew o f ht e S tate m ent in acc o rdance w it h t he Standard o n Re v i ew E n g a g eme n t s ( SRE) 2 4 1 0 , " R e v i e w o f I n t e rim F ni a n c i al I n f orm a t oi n P e r f orm e d by th e n d e p e n d e nt A u d i t o r o f t h e E n tity" si s u e d b y t h e I n st uit te o f C h a r t ere d Acc o u n ta n t s o f I n d i a "( I CA I " ) . T hi s s t a n d a r d r eq u ri e s t hat w e pla n a n d perform t he r e v iew t o obtain m o d e r a te ass u r a n ce a s to w he t her the S tateme n t i s free f r om ma t er i a l m si s ta t e m en .t A r ev i ew of i n t er ancia l in f o rma oit n c o n s si t s o f ma k in g ni q uir i e s , primar i l y o f t he C o m p a n y ' s pe r s onnel r e s p o n s bi l e for if nanc i al a n d acco u n t i n g matters a n d ap p l y ni g ana yl t ica l a n d ot h e r r e v iew p r o ce d u re s . A r ev i ew is s u b s tan it a ll y l e s s in sco p e t ha n a n au d i t c o n d uc t e d in a ccordance with Sta n d a r d s o n Au d i t in g an d c o n s e q ue n tl y doe s not e n able u s t o o b t a ni a s s ura n ce tha w t e w o u l d bec o m e aw a r e o f a ll si g n i f i ca n t matter s tha t m gi ht be id en t i f i e d ni a n audi .t According yl , w e do not e x pre s s a n a u d i t o p ni i o n . T a l at i & T a l ati L LP , a L mi i t e d Lia b l tii y P a r nt e r s h pi be a r i n g LLP i d e n t i fi c a t oi n AMB I C A CHAM B ERS , NEAR O L D HIGH C O URT, N A V R A N G P URA , A HMED A B A D 380 0 0 T E L . : 2 754 4 570 / 7 1 / 72 / 7 4 • w w w .tal a t i a n d tal a .cit om A sl o at : V A D O D A R A 9 9 2 4 9 3 5 0 5 3 • S U R A T ( 0 2 6 1 ) 2 3 6 12 3 6 M U M B A I ( 0 2 2 ) 2 6 8 3 3 0 4 1 / 4 2 • D E L H I 9 9 9 9 4 2 4 4 2 0 • K O C H I ( 0 4 8 4 ) 6 4 0 0 1 0 2 4. 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