Please find enclosed, the revised outcome of board meeting held on 11.11.2026.

JINDUSTRIAL & FRUDENTIAL INVESTMENT (lo. T TD CIN No.: L65990WB1913PLC218436 Date: 11" November, 2026 Ref: INP/BM_04/2026-27/BM/11.11.2026 Corporation Relation Department BSE Limited 1% Floor, New Trading Ring, Rotunda Building P.] Towers, Dalal Street, Fort, Mumbai - 400001 BSE Scrip code: 501298 Dear Sir/Ma’am, SUBJECT: OUTCOME OF BOARD MEETINF: 11" NOVEMBER 2026 1. APPROVAL OF UNAUDITED FINANCIAL RESULTS (STANDALONE AND CONSOLIDATED) OF THE COMPANY FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026, ALONG WITH THE LIMITED REVIEW REPORT ISSUED BY THE STATUTORY AUDITORS Pursuant to recommendations of the Audit committee, the Board of Directors considered and approved the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and half year ended September 30, 2026, prepared in accordance with Regulation 33 of the SEBI LODR Regulations. A copy of the aforesaid Financial Results, together with the Limited Review Report issued by S. Jaykishan & Co., Chartered Accountants, Statutory Auditors of the Company, is enclosed herewith as Annexure A. 2. APPROVAL FOR RE-APPOINTMENT OF MR. GAURAV SWARUP AS MANAGING DIRECTOR, DESIGNATED As CHAIRMAN AND MANAGING DIRECTOR (KEY MANAGERIAL PERSONNEL) OF THE COMPANY Based on the recommendations of the Audit Committee and the Nomination and Remuneration Committee, the Board considered and approved the proposal for continuation in office of Mr. Gaurav Swarup (DIN: 00374298), aged 69 years, who shall attain the age of 70 years at the commencement of his proposed tenure on February 1, 2027, and his re-appointment as Managing Director, designated as Chairman and Managing Director of the Company, for a further period of five (5) years commendng from February 1, 2027 and ending on January 31, 2032, subject to the approval of the members of the Company by way of a Special Resolution through Postal Ballot. The Board noted that the members of the Company had, at the Annual General Meeting held on August 20, 2026, approved the continuation in office of Mr. Gaurav Swarup upon attaining the age of 70 years, pursuant to the proviso to Section 196(3)(a) of the Companies Act, 2013. Regd. Office: Paharpur House, 8/1/B Diamond Harbour Road, Kolkata 700 027, West Bengal. Telephone No. 033-40133000 Email: contact@industrialprudential.com JINDUSTRIAL & FRUDENTIAL INVESTMENT (lo. T TD CIN No.: L65990WB1913PLC218436 Mr. Gaurav Swarup and Mrs. Devina Swarup, being his daughter and a relative within the meaning of Section 2(77) of the Companies Act, 2013, being interested in the aforesaid matter, did not participate in the discussions and abstained from voting on the resolution. Profile of Key Managerial Personnel Name of the Director Gaurav Swarup Director Identification = Number{00374298 (DIN) I/Age (as on 11.11.2026) 69 Years Date of Birth 21/11/1956 Date of first appointment on the 17/04/1990 Board of the Company Qualification Master of Business Administration, Harvard University, USA (1980), Bachelor of Engineering Mech), Jadavpur University, Calcutta (1978) Shareholding in Industrial And3600 shares Prudential Investment Co. Limited Directorship held in other companies Listed Companies: . Swadeshi Polytex Limited Industrial And Prudential Investment| Company Limited Avadh Sugar & Energy Limited KSB Limited IFGL Refractories Limited Unlisted Public: Paharpur Cooling Towers Limited TKIL Industries Pvt Ltd (deemed public) Membership/Chairmanship of Audit fand Stakeholders Relationship [Committees KSB Limited a. Member — Audit Committee b. Member Stakeholders relationship| Committee Avadh Sugar & Energy Limited a. Member Stakeholders relationship| Committee No. of Board Meeting Attended Four (4) — induding 11.11.2026 during the financial year (26-27) i.e 03.04.2026, 22.05.2026, 06.08.2026 [Term & Conditions NA Regd. Office: Paharpur House, 8/1/B Diamond Harbour Road, Kolkata 700 027, West Bengal. Telephone No. 033-40133000 Emai I: contact@industrialprudential.com JINDUSTRIAL & FRUDENTIAL INVESTMENT (lo. T TD CIN No.: L65990WB1913PLC218436 Names of listed entities in which the| Listed Companies: iperson also holds the directorship| Swadeshi Polytex Limited fand the membership of Industrial And Prudential Investment ICommitteeosf the board along with| Company Limited listed entities from which the person| Avadh Sugar & Energy Limited lhas resigned in the past three years; i.Member - Stakeholders relationship| Committee KSB Limited i.Member - Audit Committee ii. Member - Stakeholders relationship Committee IFGL Refractories Limited Regd. Office: Paharpur House, 8/1/B Diamond Harbour Road, Kolkata 700 027, West Bengal. Telephone No. 033-40133000 Email: contact@industrialprudential.com JINDUSTRIAL & FRUDENTIAL INVESTMENT (lo. T TD CIN No.: L65990WB1913PLC218436 Details as required under Regulation 30 read with Schedule Ill - Para A (7) of Part A of the Listing Regulations and SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Disclosure requirement Details pertaining to re-appointment of Key Managerial Personnel Reason for change Re-appointment of Mr. Gaurav Swarup (DIN: 00374298) as a Chairman and Managing Director of the Company for a term of 5 years. Date of re-appointment Effective date of appointment is 01 February, 2027 for a term of 5 years subject to approval of shareholders by way of postal ballot Brief profile of Mr Gaurav Mr. Gaurav Swarup, aged 69 years (As on Swarup 11.11.2026), holds a Master of Business Administration degree from Harvard University, USA (1980), and a Bachelor of Engineering degree in Mechanical Engineering from Jadavpur University, Calcutta (1978). He was first appointed to the Board of Industrial and Prudential Investment Company Limited on April 17, 1990. He possesses extensive experience and expertise in the fields of finance and strategic management. He is presently serving as the Chairman and Managing Director of Industrial and Prudential Investment Company Limited and the Co- Chairman and Managing Director of Paharpur Cooling Towers Limited. Disclosure of relationships Ms Devina Swraup, daughter of Mr Gaurav between directors (in case Swarup. of appointment of a director) Information as required Mr Gaurav Swarup is not debarred from under BSE circular Number holding the office of Director pursuant to any LIST/COM/14/2018-19 SEBI Order or Order of any other authority. and NSE circular no. NSE/CML/2018/24 dated June 20, 2018 Regd. Office: Paharpur House, 8/1/B Diamond Harbour Road, Kolkata 700 027, West Bengal. Telephone No. 033-40133000 Email: contact@industrialprudential.com JINDUSTRIAL & FRUDENTIAL INVESTMENT (lo. T TD CIN No.: L65990WB1913PLC218436 3. APPROVAL OF POSTAL BALLOT NOTICE SEEKING APPROVAL OF THE MEMBERS FOR THE PROPOSED RE-APPOINTMENT OF MR. GAURAV SWARUP AS CHAIRMAN AND MANAGING DIRECTOR OF THE COMPANY The Board considered and approved the issuance of Notice of Postal Ballot to the members of the Company, together with the explanatory statement, seeking approval of the members of the Company by way of a special resolution for the aforesaid re-appointment of Mr. Gaurav Swarup, including the terms and conditions of his re-appointment. The Board also approved the proposed schedule for conducting the Postal Ballot through remote e-voting and appointed Mr. Mayur Mehta, Practising Company Secretary (Membership No. 3132), as the Scrutinizer for conducting the Postal Ballot process in a fair and transparent manner. The Board authorised the Company Secretary to take all necessary steps and actions, including finalisation and issuance of the Postal Ballot Notice to the Members of the Company, seeking their approval for the aforesaid proposal, and to do all such acts, deeds and things as may be necessary or incidental thereto. This intimation is also being made available on the website of the Company i.e www.industrialprudential.com. The Board Meeting commenced at 02:00 P.M (IST) and concluded at 04.30 P.M (sm. Kindly take this on record. Thanking [Showing first 8,000 characters — download PDF for full document]