Outcome of Board Meeting

Ref. No.: PSL/2026-27/CS/SE/17 Date: August 01, 2026 To, To, Listing Department Corporate Relationship Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, P.J. Towers, Plot No. C/1, G Block, Dalal Street, Bandra Kurla Complex, Mumbai - 400 001 Bandra (E), Mumbai - 400 051 Security Code: 540724 Symbol: DIAMONDYD Security ID: DIAMONDYD Dear Sir/Madam, Subject: Intimation of outcome of the Board Meeting under Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Pursuant to Regulation 30 and 33 read with Schedule III of the SEBI Listing Regulations, we hereby inform that the Board of Directors of Prataap Snacks Limited (‘the Company’) at its meeting held today i.e. August 01, 2026, inter-alia, has considered and approved the following: 1. The Unaudited Financial Results of the Company for the quarter ended June 30, 2026. 2. Considered and approved the requests dated August 1, 2026 received from the following members of the Promoter Category seeking reclassification from the "Promoter" category to the "Public" category in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015(“SEBI Listing Regulation”): Sr. No. Name of Shareholder Type No. of shares % of Paid up held Capital 1 Mr, Arvind Mehta Promoter 1,00,000 0.42 2 Mr. Naveen Mehta Promoter 1,83,960 0.77 3 Mr. Arun Kumar Mehta Promoter Nil Nil 4 Mrs. Rita Mehta Promoter 2,27,176 0.95 5 Mrs. Kanta Mehta Promoter Nil Nil 6 Mr, Rajesh Kumar Mehta Promoter Nil Nil The Board, after reviewing the requests and the declarations, confirmations and undertakings submitted by the aforesaid Promoters and upon being satisfied that they fulfil the conditions specified under Regulation 31A of the SEBI Listing Regulations, approved their reclassification from the “Promoter” category to the “Public” category, subject to approval/no-objection from Exchanges enclosed as Annexure- A. 3. Approved the allotment of 19,428 (Nineteen Thousand Four Hundred and Twenty Eight) equity shares of face value of Rs. 5/- (Rupees Five only) each to the eligible employees of the Company under Prataap Employees Stock Appreciation Rights Plan 2018 (“ESARP 2018” / “Plan”). 4. Approved and granted 50906 (Fifty Thousand Nine Hundred and Six) Employee Stock Appreciation Rights (ESARs) to eligible employees of the Company under “Prataap Employees Stock Appreciation Rights Plan 2018” (“ESARP 2018”/“Plan”) (The requisite details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, Prataap Snacks Limited CIN: L15311MP2009PLC021746 Registered Office : Khasra No. 378/2, Nemawar Road, Near Makrand House, Palda, Indore, Madhya Pradesh - 452 020, India Telephone : 91-731-2439999 E-mail : info@yellowdiamond.in Website : www.yellowdiamond.in 2015 read with Schedule III thereof and SEBI Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 are enclosed as Annexure- B). 5. Approved the acquisition of 100% of the issued, subscribed and paid-up share capital of RLOP Food Processing Private Limited ("Target Company") from its existing shareholder(s), for an aggregate cash consideration of up to Rs. 16.50 Crores. (The requisite details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule III thereof and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed as Annexure- 6. Approved the re-appointment of Mr. Amit Kumat (DIN: 02663687) as Managing Director and Chief Executive Officer of the Company for a further period of 5 years with effect from September 23,2026, subject to the approval of the shareholders of the Company. (The requisite details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule III thereof and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed as Annexure- 7. Approved the re-appointment of Mr. Apoorva Kumat (DIN: 02630764) as Executive Director of the Company for a further period of years with effect from November 2, 2026, subject to the approval of the shareholders of the Company. (The requisite details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule III thereof and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed as Annexure- Pursuant to Regulation 33 of the SEBI Listing Regulations, the Unaudited Financial Results of the Company for the quarter ended June 30, 2026 along with Limited Review Report with unmodified opinion on the said Financial Results issued by the Statutory Auditor are enclosed herewith. The Board Meeting commenced at 5:00 p.m. and concluded at 8:30 p.m. This is for your information and record. Thanking you, Yours faithfully, For Prataap Snacks Limited Sanjay Chourey Company Secretary and Compliance Officer Encl.: As above Prataap Snacks Limited CIN: L15311MP2009PLC021746 Registered Office : Khasra No. 378/2, Nemawar Road, Near Makrand House, Palda, Indore, Madhya Pradesh - 452 020, India Telephone : 91-731-2439999 E-mail : info@yellowdiamond.in Website : www.yellowdiamond.in Annexure-A Disclosure under Regulation 31A read with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in relation to re-classification request received from certain members of the promoter and promoter group. CERTIFIED TRUE COPY OF THE MINUTES OF THE 2ND MEETING FOR Q2 OF FY2026-27 (2/Q2/FY2026-27) OF THE BOARD OF DIRECTORS (THE “BOARD”) OF PRATAAP SNACKS LIMITED (THE “COMPANY”) HELD ON SATURDAY, AUGUST 01, 2026 AT 4:30 P.M. AT THE REGISTERED OFFICE OF THE COMPANY AT KHASRA NO. 378/2, NEMAWAR ROAD, NEAR MAKRAND HOUSE, PALDA, INDORE - 452020, MADHYA PRADESH, INDIA TO CONSIDER AND APPROVE THE REQUESTS RECEIVED FOR RECLASSIFICATION FROM THE ‘PROMOTER TO THE ‘PUBLIC’ CATEGORY UNDER REGULATION 31A OF THE SEBI (LODR) REGULATION 2015. The Board Members were informed that the Company has received request letters dated August 1, 2026 from the following Promoters of the Company seeking reclassification of their status from the "Promoter" category to the "Public" category in accordance with the provisions of Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), along with the rationale and justifications for such reclassification. The Promoters have also submitted the requisite confirmations, declarations and undertakings confirming compliance with the conditions specified under Regulation 31A of the SEBI Listing Regulations. Sr. No. Name of Shareholder Type No. of shares held % of Paid up Capital 1 Mr, Arvind Mehta Promoter 1,00,000 0.42 2 Mr. Naveen Mehta Promoter 1,83,960 0.77 3 Mr. Arun Kumar Mehta Promoter Nil Nil 4 Mrs. Rita Mehta Promoter 2,27,176 0.95 5 Mrs. Kanta Mehta Promoter Nil Nil 6 Mr, Rajesh Kumar Mehta Promoter Nil Nil The Board thereafter reviewed and took note of the requests received from the aforesaid Promoters together with the declarations, confirmations and undertakings submitted by them. The Board further noted that the aforesaid Promoters are not associated with the business of the Company, either directly or indirectly, and do not exercise any control or influence over the management, affairs, business or policy decisions of the Company. The Board also noted that none of the aforesaid Promoters is involved in the day-to-day operations or management of the Company. Further, Mr. Arvind Kumar Mehta has resigned from the position of Chairman and Executive Director of the Company with effect from July 31, 2026. The Board also noted that the aforesaid Promoters do not enjoy any special rights in the Company through formal [Showing first 8,000 characters — download PDF for full document]