Outcome of Board Meeting

Date: 28.10.2026 To, To, The National Stock Exchange of India BSE Limited, Ltd, Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra – Kurla Complex Dalal Street, Bandra (E), Mumbai – 400 051 Mumbai- 400 001 NSE EQUITY SYMBOL: PRUDENT SCRIP CODE: 543527 ISIN: INE00F201020 Dear Sir / Ma’am, Sub.: Outcome of Board Meeting of the Company held on October 28, 2026. 1. Pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Board of Directors of the Company at its meeting held on Wednesday, October 28, 2026 (i.e., today), inter-alia, considered and approved the un-audited standalone and consolidated financial results of the Company for the quarter and half year ended September 30, 2026. 2. In accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we herewith inform that the Board of Directors of the Company has approved the allotment of 1190 Equity Shares of Face Value of Rs. 5/- each at exercise price of Rs. 2,632/- each pursuant to ‘ESOP – Prudent Employee Stock Option Scheme 2025’ (Grant-1) (herein referred as ESOP-2025) to eligible employees of the Company upon exercise of Options. In terms of Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (“SEBI SBEB Regulations”), the details of shares allotted as above will be given as separate disclosure. 3. Pursuant to Regulation 30 read with Para A(1) of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"), we hereby inform you that the Board of Directors of Prudent Corporate Advisory Services Limited ("the Company") at its meeting held on October 28, 2026, has approved an investment of up to ₹ 6,53,40,000/- (Rupees Six Crore Fifty- Three Lakh Forty Thousand Only) in Prutech Financial Services Private Limited, a wholly owned subsidiary of the Company, by way of subscription to the rights issue of up to 1,80,000 (One Lakh Eighty Thousand only) equity shares of face value of ₹10 each of Prutech Financial Services Private Limited, at an issue price of ₹363 per share (including a premium of ₹ 353 per share). Being a wholly owned subsidiary, there is no change in the shareholding percentage of the Company in Prutech Financial Services Private Limited, pursuant to this investment. We have enclosed herewith the details required under Regulation 30 read with Para A (1) of Part A of Schedule III of the Listing Regulations and the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 as Annexure -A. The said un-audited financial results along with the Statement of Assets and Liabilities as at September 30, 2026, the Cash Flow Statement for the half year ended September 30, 2026 and the Limited Review Reports (standalone and consolidated) furnished by the Auditors of the Company are enclosed herewith. The Board meeting commenced at 11:30 AM and concluded at 01:50 PM. Thanking you, Yours Faithfully, For, Prudent Corporate Advisory Services Limited Kunal A. Chauhan Company Secretary Membership No: FCS- 13492 Encl.: As Stated Annexure – A (Disclosure under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026) Sr. No. Particular Details 1. Name of the target entity, Prutech Financial Services Private details in brief such as size, Limited, a wholly owned subsidiary of turnover etc. the Company. Paid-up capital: Pre-investment: ₹10,00,000 (1,00,000 equity shares of ₹ 10 each); Post-investment: ₹28,00,000 (2,80,000 equity shares of ₹ 10 each) Turnover for the financial year ended March 31, 2026: Rs. 154.51 Lakhs. Net worth as at March 31, 2026: Rs. 288.04 Lakhs 2 Whether the acquisition would Prutech Financial Services Private fall within related party Limited is a “Related Party” of the transaction(s) and whether Company as per the provisions of the the promoter/promoter Companies Act, 2013 and the Listing group/group companies have Regulations, being a Wholly Owned any interest in the entity being Subsidiary of the Company. However, acquired? If yes, nature of the proposed investment would not fall interest and details thereof under the definition of Related Party and whether the same is Transaction. done at "arm's length" Mr. Sanjay Shah and Mr. Shirish Patel, Directors of the Company, are also Directors on the Board of Prutech Financial Services Private Limited and represent the Company on the Board of Prutech Financial Services Private Limited. Mr. Sanjay Shah also holds 1 (one) equity share of Prutech Financial Services Private Limited as nominee of the Company, without any beneficial interest. Except as disclosed above, none of the Promoters or Members of the Promoters Group or Directors of the Company are interested either financially or otherwise in Prutech Financial Services Private Limited. 3. Industry to which the entity being acquired belongs Financial service activities 4. Objects and impact of The investment, by way of subscription acquisition (including but not to the rights issue of equity shares of limited to, disclosure of Prutech Financial Services Private reasons for acquisition of Limited ("Prutech"), a wholly owned target entity, if its business is subsidiary of the Company, is being outside the main line of made to support the expansion of its business of the listed entity) business. Prutech, presently registered with AMFI for distribution of Mutual funds and SIF products., proposes to diversify into portfolio management services. The funds infused will be utilised to augment the net worth of Prutech so as to meet the net worth requirement for registration as a Portfolio Manager under the SEBI (Portfolio Managers) Regulations, 2020, and to meet its working capital requirements. Prutech is engaged in financial services, which is in line with the business of the Company. Hence, the investment is not outside the main line of business of the Company. 5. Brief details of any Not applicable governmental or regulatory approvals required for the acquisition 6. Indicative time period for Not applicable completion of the acquisition 7. Consideration - whether cash consideration or share swap Cash consideration or any other form and details of the same 8. Cost of acquisition and/or the Investment of up to Rs. 6,53,40,000/- price at which the shares are (Rupees Six Crore Fifty-Three Lakh acquired Forty Thousand only), being subscription to up to 1,80,000 equity shares of face value of ₹ 10 each at an issue price of ₹ 363 per share (including a premium of ₹ 353 per share). 9. Percentage of shareholding/ There will be no change in the control acquired and/or percentage of shareholding of the number of shares acquired Company in Prutech Financial Services Private Limited Prutech Financial Services Private Limited will continue to remain a wholly owned subsidiary of the Company. The nominee shareholder has waived his rights entitlement in favour of the Company and, accordingly, all 1,80,000 equity shares offered under the rights issue will be allotted to the Company. Pre-investment: 1,00,000 equity shares (99,999 equity shares held by the Company and 1 equity share held by Mr. Sanjay Shah as nominee of the Company) – 100%. Post-investment: 2,80,000 equity shares (2,79,999 equity shares held by the Company and 1 equity share held by Mr. Sanjay Shah as nominee of the Company) – 100%. 10. Brief background about the Prutech Financial Services Private entity acquired in terms of Limited is engaged in distribution of products/line of business financial products including mutual acquired, date of funds and SIF and is registered with incorporation, history of last 3 AMFI having ARN 83863. years turnover, country in which the acquired entity has Date of incorporation: 07/12/2005 presence and any other sig [Showing first 8,000 characters — download PDF for full document]