Outcome of Board Meeting

The National Stock Exchange of India Limited BSE Limited Listing Department Department of corporate Exchange Plaza, Bandra Kurla Complex services Bandra (East) Floor 25, Phiroze Jeejeebhoy Mumbai 400 051 Towers Dalal Street Symbol: SPECTRUM Mumbai 400 001 Series: EQ Security Code: 544386 Sub.: Outcome of the Board Meeting – Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”) Ref.: Our intimation dated Tuesday, July 21, 2026 in terms of Regulation 29 of SEBI Listing Regulations. Dear Sir/ Ma’am, Pursuant to the Regulation 30 read with Schedule III of the SEBI Listing Regulations, we, Spectrum Electrical Industries Limited (the “Company”), hereby inform you that the Board of Directors (“Board”) of the Company at their meeting held today i.e., on Friday, July 24, 2026 inter alia, considered and approved the following: Issue, offer and allot (a) up to 13,73,625 (Thirteen Lakhs Seventy Three Thousand Six Hundred Twenty Five) fully paid-up Equity Shares of the Company, having face value of ₹ 10/- (Rupee Ten only) each, at a price of ₹ 2,002/- (Rupees Two Thousand Two only) (including a premium of ₹ 1,992/- (Rupees One Thousand Nine Hundred Ninety Two only) per Equity Share, which is not less than the ‘floor price’ determined in accordance with Chapter V of the SEBI ICDR Regulations, for cash consideration, aggregating up to ₹ 274,99,97,250/- (Rupees Two Hundred Seventy Four Crore Ninety-Nine Lakh Ninety- Seven Thousand Two Hundred Fifty only) and (b) up to 2,49,750 (Two Lakh Forty-Nine Thousand Seven Hundred Fifty) convertible warrants (“Warrants”), at an issue price of ₹ 2,002/- (Rupees Two Thousand Two only) per Warrant (“Warrant Issue Price”), which is not less than the floor price, each convertible into, or exchangeable for, 1 (one) fully paid-up Equity Share(s) of the Company having face value of ₹ 10/- (Rupee Ten only) at a premium of ₹ 1,992/- (Rupees One Thousand Nine Hundred Ninety Two only), for cash consideration, aggregating up to ₹ 49,99,99,500/- (Rupees Forty Nine Crore Ninety Nine Lakh Ninety Nine Thousand Five Hundred only), against payment of 25% of the Warrant Issue Price, i.e., ₹ 500.50 (Rupee Five Hundred and Fifty Paise only) per Warrant, as an upfront payment (“Warrant Subscription Price”) with the balance 75% of the Warrant Issue Price, i.e., ₹ 1,501.50 (Rupee One Thousand Five Hundred One and Fifty Paise only) per Warrant (“Warrant Conversion Price”), payable at the time of conversion of the Warrants, which may be converted in one or more tranches, at the option of the Warrant subscriber within a Regd. Office : Gat No. 139/1 and 139/2, Umala, Jalgaon, Maharashtra - 425003. Tel.: 0257-2210192 Website : www.spectrum-india.com Email: - info@spectrum-india.com CIN No. L28100MH2008PLC185764 maximum period of 18 (eighteen) months from the date of allotment of the Warrants, to the below mentioned proposed allottee(s), ("Proposed A1lottees"), on a preferential basis ("Preferential Issue"), in one or more tranche on such terms and conditions as may be determined by the Board in accordance with the Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("SEBI ICDR Regulations"), as amended, subject to the approval of the shareholders of the Company at the Extra-Ordinary General Meeting and such regulatory/ statutory authorities as may be applicable: Sr. Name of Category Types of Maximu Issue Investment No. Proposed Securities m No. of Price Amount Allottees Securitie (In ₹) (In ₹) s to be allotted 1. Valuequest India Non- Equity 3,74,625 2,002 74,99,99,250 Inflexion Fund Promoter Shares (Scheme of Valuequest India Investment Trust, Category III AIF) 2. Minosha India Non- Equity 2,49,750 2,002 49,99,99,500 Limited Promoter Shares 3. HDFC Mutual Non- Equity 1,24,875 2,002 24,99,99,750 Fund - HDFC Promoter Shares Innovation Fund (Scheme of HDFC Mutual Fund) 4. HDFC Mutual Non- Equity 4,99,500 2,002 99,99,99,000 Fund - HDFC Promoter Shares Manufacturing Fund (Scheme of HDFC Mutual Fund) 5. HDFC Mutual Non- Equity 1,24,875 2,002 24,99,99,750 Fund - HDFC Promoter Shares Value Fund (Scheme of HDFC Mutual Fund) 6. Mr. Deepak Promoter Warrants 2,49,750 2,002 49,99,99,500 Suresh Chaudhari /- Regd. Office : Gat No. 139/1 and 139/2, Umala, Jalgaon, Maharashtra - 425003. Tel.: 0257-2210192 Website : www.spectrum-india.com Email: - info@spectrum-india.com CIN No. L28100MH2008PLC185764 The Relevant Date in terms of the SEBI ICDR Regulations in relation to the Preferential Issue is Tuesday, July 21, 2026. The detailed disclosure as required pursuant to Schedule III of SEBI Listing Regulations and Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026, is enclosed herewith as Annexure - I. Convening of Extra-Ordinary General Meeting (EGM) of the shareholders of the Company on Thursday, August 20, 2026, for seeking necessary approval of the Members for the above matter. The Board meeting commenced at 4.00 P.M. (IST) and concluded at 5.15 P.M. This is for your information and records. For and on behalf of Spectrum Electrical Industries Limited Rahul Lavane Company Secretary & Compliance Officer Date: July 24, 2026 Place: Jalgaon Encl: As Above Regd. Office : Gat No. 139/1 and 139/2, Umala, Jalgaon, Maharashtra - 425003. Tel.: 0257-2210192 Website : www.spectrum-india.com Email: - info@spectrum-india.com CIN No. L28100MH2008PLC185764 The details in accordance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026: ANNEXURE -I Sr. Particulars Details 1. Type of Securities Proposed Equity shares having face value of ₹ 10/- each (“Equity to be issued (viz. equity Shares”) and fully convertible warrants (each warrant shares, convertibles etc.); convertible into 1 (one) Equity Share of the Company having face value of ₹ 10/- (Rupees Ten only) each) (“Warrants”). 2. Type of Issuance (further Preferential issue public offering, rights issue, depository receipts (ADR/GDR), qualified institutions placement, preferential allotment etc.); 3. Total number of securities a. up to 13,73,625 (Thirteen Lakhs Seventy Three proposed to be issued or the Thousand Six Hundred Twenty Five) fully paid-up Equity Shares of the face value of ₹ 10/- (Rupees Ten total amount for which the only) each, at a price of ₹ 2,002/- (Rupees Two Thousand securities will be issued Two only) (including a premium of ₹ 1,992/- (Rupees (approximately); One Thousand Nine Hundred Ninety Two only) per Equity Share, for cash consideration, aggregating up to ₹ 274,99,97,250/- (Rupees Two Hundred Seventy-Four Crore Ninety-Nine Lakh Ninety-Seven Thousand Two Hundred Fifty only) b. up to 2,49,750 (Two Lakh Forty-Nine Thousand Seven Hundred Fifty) Warrants at an issue price of ₹ 2,002/- (Rupees Two Thousand Two only) per Warrant, which is not less than the floor price, each convertible into, or exchangeable for, 1 (one) fully paid-up Equity Share(s) of the Company having face value of ₹ 10/- (Rupee Ten only) at a premium of ₹ 1,992/- (Rupees One Thousand Nine Hundred Ninety Two only), for cash consideration, aggregating up to ₹ 49,99,99,500/- (Rupees Forty Nine Crore Ninety Nine Lakh Ninety Nine Thousand Five Hundred only), against payment of 25% of the Warrant Issue Price, i.e., ₹ 500.50 (Rupee Five Hundred and Fifty Paise only) per Warrant, as an upfront payment with the Regd. Office : Gat No. 139/1 and 139/2, Umala, Jalgaon, Maharashtra - 425003. Tel.: 0257-2210192 Website : www.spectrum-india.com Email: - info@spectrum-india.com CIN No. L28100MH2008PLC185764 balance 75% of the Warrant Issue Price, i.e., ₹ 1,501.50 (Rupee One Thousand Five Hundred One and Fifty Paise only) per Warrant (“Warrant Conversion Price”), payable at the time of con [Showing first 8,000 characters — download PDF for full document]