We wish to inform you that the Board of Directors of Panasonic Energy India Co. Ltd., at its meeting held today, has accorded its approval for the transfer/assignment of the leasehold rights in the GIDC Industrial Plot situated at Makarpura, Vadodara - 390010, in favour of the identified buyer, subject to obtaining all requisite approvals, permissions, consents, sanctions and No Objection Certificates from GIDC and other applicable authorities, ....

Panasonic Energy India Co. Ltd. G.I.D.C., Makarpura, P.B.No. : 719, Vadodara-390 010, Gujarat- India. Phone: (0265) 2642661 ISO 9001: 2015; ISO 14001: 2015 & ISO 45001: 2018 Certified Company October 26, 2026 Department of Corporate Services The BSE Limited Phiroze Jeejeebhoy Towers Fort, Mumbai – 400001 Scrip Code: 504093 Subjects: Outcome of the meeting of the Board of Directors of Panasonic Energy India Co. Ltd. held on October 26, 2026 Dear Sir, We wish to inform you that the Board of Directors of Panasonic Energy India Co. Ltd., at its meeting held today, has accorded its approval for the transfer/assignment of the leasehold rights in the GIDC Industrial Plot situated at Makarpura, Vadodara - 390010, in favour of the identified buyer, subject to obtaining all requisite approvals, permissions, consents, sanctions and No Objection Certificates from GIDC and other applicable authorities, and subject to compliance with the terms and conditions of the definitive agreements. The Company shall be entitled to terminate the transaction in accordance with the terms of the definitive agreements in the event of any default, breach or non-fulfilment of the conditions thereunder by the buyer. The property does not qualify as an "undertaking" under Section 180(1)(a) of the Companies Act, 2013; therefore, shareholder approval is not required on this ground. The meeting started at 11:58 A.M. and concluded at 12:40 P.M. We request you to take the same on record. Thanking You, For Panasonic Energy India Co. Ltd. Srishti Jain Company Secretary CIN: L31400GJ1972PLC002091 Web site: www.panasonicenergyindia.in, Email: contact.pecin@in.panasonic.com