Outcome of Board Meeting

CIN: L17309GJ2017PLC098117 August 14, 2026 To, To, BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Mumbai 400 001 Bandra - Kurla Complex, Bandra (East), Mumbai 400 051 BSE Scrip Code: 544448 NSE Symbol: PASHUPATI Sub.: Outcome of 4th (04/2026-27) Board Meeting under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”) Dear Sir/Ma’am, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company, at its meeting held on Friday, 14th August, 2026 and the said meeting commenced at 04:00 P.M. and concluded at 04:35 P.M has inter alia considered and approved the following matters: 1. The Resignation of M/s. SJV & Associates, Practicing Company Secretaries, Ahmedabad, as Secretarial Auditor of the Company, with effect from August 14, 2026. The resignation is pursuant to the non-renewal of the Peer Review Certificate of the firm, due to which the firm would not be in a position to continue to act as the Secretarial Auditor of the Company in compliance with the applicable provisions of Regulation 24A of the SEBI LODR Regulations. 2. The appointment of M/s. Nisarg Sharma & Associates, Practicing Company Secretaries, as the Secretarial Auditor of the Company to fill the casual vacancy arising due to the resignation of M/s. SJV & Associates, in accordance with the applicable provisions of Regulation 24A(1)(c) of the SEBI LODR Regulations and other applicable laws, for conducting the Secretarial Audit of the Company for the Financial Year 2025-26. The appointed Secretarial Auditor is a Peer Reviewed Company Secretary and holds a valid Peer Review Certificate bearing Peer Review No. 3941/2023. The appointment has been made within the prescribed period for filling the casual vacancy and shall be valid until the conclusion of the ensuing Annual General Meeting of the Company, in accordance with the applicable provisions of the SEBI LODR Regulations. The Company shall thereafter undertake the process for appointment of the Secretarial Auditor for a term of five consecutive financial years, i.e. from FY 2026-27 to FY 2030-31, in accordance with Regulation 24A of the SEBI LODR Regulations, based on the recommendations of the Audit Committee and the Board of Directors and subject to approval of the members of the Company at the ensuing Annual General Meeting. The details required pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI circular CIR/CFD/CMD/4/2015 dated September 9, CIN: L17309GJ2017PLC098117 2015, SEBI master circular SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023, SEBI circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, SEBI master circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2025 and SEBI master circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 updated on January 30, 2026 with respect to the resignation and appointment of the Practicing Company Secretaries as Secretarial Auditor are enclosed herewith as Annexure A and Annexure B, respectively. We request you to kindly take the same on record. Yours faithfully, For, Pashupati Cotspin Limited Saurin Jagadishbhai Parikh Managing Director DIN: 02136530 CIN: L17309GJ2017PLC098117 Annexure A Information as required under Regulation 30 – Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Sr. Particulars Disclosures 1 Reason for change viz. appointment, M/s. SJV & Associates, Practising Company Secretaries, re-appointment, resignation, Ahmedabad (“the Firm”), has resigned as the Secretarial removal, death or otherwise Auditor of the Company pursuant to the non-renewal of its Peer Review Certificate, due to which the Firm would not be in a position to continue to act as the Secretarial Auditor of the Company in compliance with the applicable provisions of Regulation 24A of the SEBI LODR Regulations. 2 Date of appointment/re- August 14, 2026 appointment/cessation (as applicable) & term of appointment/re-appointment 3 Brief profile (in case of appointment) Not Applicable 4 Disclosure of relationships between Not Applicable directors (in case of appointment of a director). CIN: L17309GJ2017PLC098117 Annexure B Information as required under Regulation 30 – Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Sr. Particulars Disclosures 1 Reason for change viz. appointment, Appointment of M/s. Nisarg Sharma & Associates, re-appointment, resignation, Practicing Company Secretaries, as Secretarial Auditor of the removal, death or otherwise Company to fill the casual vacancy arising due to the resignation of M/s. SJV & Associates and for conducting the Secretarial Audit of the Company for the Financial Year 2025- 2 Date of appointment/re- The appointment shall be effective from August 14, 2026 and appointment/cessation (as shall continue until the conclusion of the ensuing Annual applicable) & term of General Meeting of the Company. appointment/re-appointment 3 Brief profile (in case of M/s. Nisarg Sharma & Associates is a Peer Reviewed firm of appointment) Practising Company Secretaries providing professional services in the areas of corporate laws, securities laws, secretarial audit, corporate governance and allied compliance and advisory matters. The firm holds Peer Review Certificate No. 3941/2023 issued by the Institute of Company Secretaries of India. 4 Disclosure of relationships between Not Applicable directors (in case of appointment of a director).