Outcome of Board Meeting as detailed in the Attachment

Pasari Spinning Mills Limited Date: 30t October, 2026 Mr. Jeevan Noronha, Manager, Department of Corporate Services, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Dear Sir, Sub: Outcome of the Board Meeting held on 30th October, 2026 under Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Ref: BSE code: 521080 - Pasari Spinning Mills Limited We wish to inform you that the Board of Directors of Pasari Spinning Mills Limited at its meeting held on Friday, 30t October, 2026 at No 18, III Floor, Anjaneya Temple Road, Yediyur, Jayanagar, 6th Block, Bangalore-560082, the Registered Office of the Company at 03:00 PM, inter alia has considered and approved the following- 1. Financial Results: Un-audited Financial Results (Standalone) for the quarter and half year ended 30t September, 2026. A copy of the aforesaid Financial Results, including the Statement of Assets and Liabilities and the Cash Flow Statement for the half year, along with the Limited Review Report of the Statutory Auditors of the Company, is enclosed herewith as Annexure A. 2. Noting of the resolution passed by circulation for the appointment of Ms. Bhavna Agrawal (DIN: 11916622) as an Additional Director in the category of Non-Executive Independent Director: In terms of Section 175 of the Companies Act, 2013 and Secretarial Standard-1, the Board noted the resolution passed by circulation on 29t October, 2026, appointing Ms. Bhavna Agrawal No 18 III Floor, Anjaneya Temple Road, Yediyur, Jayanagar 6th Block, Bangalore — 560082 CIN: L85110KA1991PLC012537 Phone No: 91-80-2676-0125 ‘Web: http://www.pasariexports.com/ Email: admin@pasariexports.com Pasari Spinning Mills Limited (DIN: 11916622) as an Additional Director in the category of Non-Executive Independent Director of the Company for a term of five consecutive years from 29% October, 2026 to 28t October, 2031, subject to the approval of the members by way of a special resolution. The said appointment has already been disclosed to the Exchange separately under Regulation 30 of the SEBI (LODR) Regulations, 2015. 3. Appointment of Mr. Prem Bharath Bist (DIN: 11916669) as an Additional Director in the category of Non-Executive Non-Independent Director of the Company: The Board of Directors has appointed Mr. Prem Bharath Bist (DIN: 11916669) as an Additional Director in the category of Non-Executive Non-Independent Director of the Company, liable to retire by rotation, with effect from 30t October, 2026, based on the recommendation of the Nomination and Remuneration Committee. He shall hold office as an Additional Director up to the date of the next Annual General Meeting, and his appointment as a Director is subject to the approval of the members within three months from the date of appointment in terms of Regulation 17(1C) of the SEBI (LODR) Regulations, 2015. Mr. Prem Bharath Bist is not debarred from holding the office of director by virtue of any order of SEBI or any other such authority. The brief profile of Mr. Prem Bharath Bist is enclosed herewith as Annexure B. 4. Resignation of Mr. Kolagunda Kumar Siddappa (DIN: 08305351) from the position of Non- Executive Non-Independent Director and Chairman of the Company: Mr. Kolagunda Kumar Siddappa has tendered his resignation as a Non-Executive Non- Independent Director of the Company and, consequently, as the Chairman of the Board, with effect from the conclusion of this meeting on 30t October, 2026, citing personal reasons. He has confirmed that there is no other material reason for his resignation. A copy of his resignation letter is enclosed herewith as Annexure C. 5. Election of the Chairperson of the Board: Consequent to the resignation of Mr. Kolagunda Kumar Siddappa as Chairman, the Board has elected Mr. Prem Bharath Bist, Non-Executive Non-Independent Director, as the Chairperson of the Board of Directors of the Company with effect from the conclusion of this meeting on 30t October, 2026. No 18 III Floor, Anjaneya Temple Road, Yediyur, Jayanagar 6th Block, Bangalore — 560082 CIN: L85110KA1991PLC012537 Phone No: 91-80-2676-0125 ‘Web: http://www.pasariexports.com/ Email: admin@pasariexports.com Pasari Spinning Mills Limited 6. Resignation of Ms. Sheela Arvind (DIN: 01020390) from the position of Independent Director of the Company: Ms. Sheela Arvind has tendered her resignation as an Independent Director of the Company and, consequently, as the Chairperson of the Audit Committee, the Nomination and Remuneration Committee and the Stakeholders’ Relationship Committee, with effect from the conclusion of this meeting on 30t October, 2026, due to her other professional commitments because of which she will not be able to devote enough time to the Board. In terms of Para 7B of Part A of Schedule III to the SEBI (LODR) Regulations, 2015, she has confirmed that there is no other material reason for her resignation other than that provided in her letter, and has furnished the names of the listed entities in which she holds directorships, with the category of directorship and membership of board committees. A copy of her resignation letter is enclosed herewith as Annexure D. 7. Reconstitution of the Board Committees: Consequent to the above changes, the Board has reconstituted the Audit Committee, the Nomination and Remuneration Committee and the Stakeholders’ Relationship Committee with effect from the conclusion of this meeting. The revised composition of the Committees is enclosed herewith as Annexure E. 8. Approval of the Postal Ballot Notice: The Board has approved the Postal Ballot Notice for seeking the approval of the members, through remote e-voting only, for (a) the appointment of Ms. Bhavna Agrawal (DIN: 11916622) as an Independent Director of the Company for a term of five consecutive years from 29th October, 2026 to 28t October, 2031, by way of a Special Resolution; and (b) the appointment of Mr. Prem Bharath Bist (DIN: 11916669) as a Non-Executive Non-Independent Director of the Company, liable to retire by rotation, by way of an Ordinary Resolution. The Postal Ballot Notice will be submitted to the Exchange upon its dispatch to the members. No 18 III Floor, Anjaneya Temple Road, Yediyur, Jayanagar 6th Block, Bangalore — 560082 CIN: L85110KA1991PLC012537 Phone No: 91-80-2676-0125 ‘Web: http://www.pasariexports.com/ Email: admin@pasariexports.com Pasari Spinning Mills Limited 9. Amendment to the Related Party Transactions Policy: The Board has approved the amendment to the Company’s Policy on Related Party Transactions (“RPT Policy”) in line with the recent amendments to Regulation 23 of the SEBI (LODR) Regulations, 2015, and the Industry Standards issued by SEBI on “Minimum information to be provided for approval of Related Party Transactions”. The revised Policy has been adopted with immediate effect and shall be made available on the Company’s website at www.pasariexports.com The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Para A(7) of Part A of Schedule III thereto and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762 /2026 dated 30t January, 2026, in respect of item numbers 2, 3,4 & 6 above are enclosed herewith as Annexure F. The meeting of Board of Directors commenced at 03:00 PM and concluded at 06:35 PM. The above is for your information and dissemination to the public at large. Thanking you Yours faithfully, For Pasari Spinning Mills Limited Digitally signed by KRISHNA KUMAR GUPTA Krishna Kumar Gupta Managing Director DIN: 00003880 Address: A-21Silver palm, Bldg3,, Basavanagar Main, VibhuthipuraExtn, Marathahalli Colony, Bangalore -560067 No 18 III Floor, Anjaneya Temple Road, Yediyur, Jayanagar 6th Block, Bangalore — 560082 CIN: L85110KA1991PLC012537 Phone No: 91-80-2676-0125 ‘Web: http://www.pasariexports.com/ Email: admin@pasariexports.com Annexure A R & E No. 204 and 205, 2nd Floor, “Ramanashree [Showing first 8,000 characters — download PDF for full document]