Shareholders meeting

June 19, 2026 The Manager-Listing Department L i s t i n g D e p a r t m e n t National Stock Exchange of India Limited, B S E L i m i t e d ‘Exchange Plaza’, C-1, Block –G P h i r o z e J e e j e e b h o y T o wers Bandra Kurla Complex, Bandra –East 25th Floor, Dalal Street Mumbai–400051 M u m b a i - 4 0 0 0 0 1 Sub : Summary of the Proceedings of the 34th Annual General Meeting Scrip Code No. : PILITA/ 500327 Dear Sir / Madam, Pursuant to the provisions of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the summary of the proceedings of the 34th Annual General Meeting of the Members of the Company held today i.e. Friday, 19th June, 2026 through Video Conferencing ("VC") / Other Audio Visual Means ("OAVM") and also at the Registered Office of the Company at Kodiyat Road, Village: Sisarma, Udaipur (Raj.) – 313031 as Annexure-A. Kindly take the above on your records. Yours faithfully, For PIL ITALICA LIFESTYLE LIMITED Narendra Bhanawat (Whole Time Director) DIN : 00146824 Encl: a/a Annexure- A Summary of the Proceedings of the 34th Annual General Meeting The 34th Annual General Meeting (AGM) of the Members of PIL Italica Lifestyle Limited (“the Company”) held today i.e. Friday, June 19, 2026 at 11.00 A.M. through Video Conferencing ("VC") /Other Audio Visual Means {"OAVM") and also at the Registered Office of the Company at Kodiyat Road, Village: Sisarma, Udaipur - 313031. The Meeting was held in compliance with the guidelines issued by Ministry of Corporate Affairs, SEBI Circulars and SEBI (LODR) Regulations, 2015. The following Officials were connected during the meeting: Mr. Daud Ali - Chairman and Managing Director Mr. Narendra Bhanawat - Whole Time Director and CFO Ms. Apeksha Agiwal - Chairperson of Audit Committee, NRC, SRC and Risk Management Committee Mrs. Sonal Mantri - Independent Director Mr. Himanshu S. Gupta - Independent Director Mr. Rajendra Kumar Heda - Sr. Vice- President (Operations) Mr. Rajat Raja Kothari - Company Secretary and Compliance Officer Mr. Manoj Jain - Statutory Auditor Mr. Pawan Talesara - Secretarial Auditor Also in attendance: Mr. Ashok Modi, Scrutinizer The Company Secretary extended a warm welcome to everyone present at the meeting. He then introduced the Board members and other officials of the Company. After ascertaining the presence of requisite quorum, Mr. Daud Ali, Chairman, called the Meeting to order and 52 members attended the meeting. The Chairman informed the members that Notice of the 34th Annual General Meeting, Report of Board of Directors and the Financial Statements for the financial year 2025-26 were taken as read as the same had already been circulated to the Members. The Chairman apprised the members about the performance of the company and mentioned that despite various external challenges, PIL Italica remained focused on operational efficiencies, product mix optimization, strategic sourcing initiatives, and disciplined cost management. He shared the Company has established a strong and growing pan-India distribution ecosystem comprising over 4,538 dealers, 410 direct dealers and 216 distributors, catering to customers across India. This extensive network is further supported by 13 strategically located fulfillment centres, enabling product availability, faster delivery timelines, and improved customer servicing capabilities across the markets. In his address, he shared that backed by a strong brand, expanding manufacturing capabilities, wider distribution reach, continuous product innovation, and disciplined execution, our Company remains well-positioned to capitalize on emerging growth opportunities in the Indian furniture and lifestyle products market. He thanked the Directors, Members and other Co-Panelists for participating in the Meeting and wished everyone the safe and healthy future in the year ahead. He thanked all the Members who have participated in the meeting and co-operated with the Company in ensuring the smooth conduct of this AGM. The Chairman authorised Company Secretary to conduct e-voting and conclude the Meeting. Thereafter Company Secretary took over the proceedings. Members who had registered themselves as Speakers were allowed to express their views and queries raised by members have been satisfactorily answered. Company Secretary further explained members regarding the process of casting the voting during the AGM. The remote e-voting facility was also provided by the Company through CDSL, which was started on Tuesday, 16 June, 2026 at 09.00 a.m. and ended on Thursday, 18th June, 2026 at 05.00 p.m. Then the Company Secretary requested the shareholders attending the meeting and who has not casted their vote earlier through remote e-voting, to cast their vote through e-voting facility provided during the AGM by CDSL on the following items of businesses embodied in the Notice of the 34th Annual General Meeting. 1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, alongwith the Reports of the Directors’ and Auditors’ thereon. (Ordinary Resolution) 2. To appoint a Director in place of Mr. Narendra Bhanawat (DIN: 00146824) who retires by rotation and being eligible offers himself for reappointment. (Ordinary Resolution) 3. To re- appoint Mr. Narendra Bhanawat (DIN: 00146824) as a whole time director for a period of 3 Years. 4. To re- appoint Mr. Daud Ali (DIN: 00185336) as a Managing Director for a period of 3 Years. 5. To re- appoint Mr. Himanshu Surendrakumar Gupta (DIN: 09607045) as an Independent Director for second consecutive term of 5 Years. The Company Secretary then informed the members that Mr. Ashok Modi, Practicing Chartered Accountant, had been appointed as the Scrutinizer and to report on the voting results of e-voting for each of the items as per the Notice of the AGM. The Company Secretary then announced that the results of the Remote E-voting and E- Voting at the AGM will be declared within 2 working days of the conclusion of the Meeting and the same would be intimated to stock exchanges and uploaded on the website of the Company and CDSL. Thereafter, the Company Secretary concluded the 34th Annual General Meeting of the Company with a vote of thanks to the Chair and also thanked all the members for attending the meeting. The meeting was concluded at 12.05 pm (IST) including time allowed for e-voting at the AGM. For PIL ITALICA LIFESTYLE LIMITED Narendra Bhanawat (Whole Time Director) DIN : 00146824