Submission of Annual report under Regulation 34 of SEBI LODR (regulation), 2015 for the FY 25-26

SPEL SPEL Semiconductor Limited Semiconductor an IC Assembly & Test Company Aug 21, 2026 BSE Limited Department of Corporate Affairs Phiroze Jeejeebhoy Tower Dalal Street Mumbai-400001 Dear Sir/Madam, Scrip Code: 517166 Sub: Intimation of Annual Report for the financial year 2025-26 under Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 In Compliance with Regulation 30, 34 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Notice of the 41 sl Annual General Meeting (AGM) and Annual Report for the financial year ended Mar 31, 2026 which is being sent to shareholders of the company. The Annual Report and Notice is available on the Company's website at http://natronix.net/SPEL.html. We request you to take above information on your records. Thanking you. Yours faithfully, For SPEL Semiconductor Limited P. Balamurugan Head Operations & Whole-Time Director DIN: 07480881 Registered Office & Factory CIN: L3220HN1984PLC011434 5 CMDA Industrial Estate, MM Nagar eMail: info@spel.com (Chennai) 603 209, Tamil Nadu, India Website: www.spel.com Semiconductor SPEL Semiconductor Limited An IC Assembly & Test Company 41st Annual Report Financial Year 2025-26 Defining the Future through Partnerships SPEL Semiconductor SPEL Semiconductor Limited an IC Assemblv & Test Company 41st ANNUAL REPORT 2025-26 Board of Directors 1. Mr. S. Chandramohan Independent Director Registered Office & Factory 5, CMDA Industrial Estate, 2. Dr. Enakshi Independent Maraimalai Nagar, Bhattacharya Director Chennai-603209, India (Resigned w.e.f 14.08.2025) Bankers Indian Overseas Bank 3. Dr. E. Nakkeeran Non-Executive - Registrar & Share Transfer Agent Non-I ndependent Cameo Corporate Services Limited Director Subramanian Building, 1, Club House Road, Anna Salai, Chennai -600002 4. Mr. Ramanujam Independent Phone: +91-44-40020700 Venkatesh Director Online Investor Portal: https:llwisdom.cameoindia.com Website: http://www.cameoindia.com 5. Dr. V. V. Meenakshi Non-Executive - Non-I ndependent General Information Director (a) Company's Corporate Identification Number 6. Mr. P. Balamurugan Whole-Time (CIN): L32201TN1984PLC011434 Director (b) Company's Shares Listed at BSE Ltd. (c) Company's Shares are mandated for 7.Mr.Nagarajan Govindan Independent trading in Demat mode. (Appointed w.e.f Director (d) ISIN allotted to Company's share is 14.08.2025) INE252A01019 Company Secretary Ms. Nupur Garg 41st Annual General Meeting Date & Time Sep 14, 2026 at 10.20 A.M. Chief Financial Officer Venue Mr. T. Parthasarathy (Removed from services on Through Video Conferencing 19.05.2026) Book closure Auditors Sep 7, 2026 to Sep 14, 2026 (both days inclusive) MIs. Venkatesh& Co., Chartered Accountants (FRN:004636S), "Sri Ranga", New No. 151, Mambalam High Road, T. Nagar, Chennai-600 017. Previous 10 Years Performance ~ In Lakhs 2025-26 2024-25 2023-24 2022-23 2021-22 Sales 6,28.00 7,86.42 12,00.41 11,16.46 9,48.68 PBIDT 1,18.33 (4,02.89) (1,15.86) 10,90.40 (89.63) Finance 5,05.83 2,88.48 2,57.02 2,56.12 1,21.94 Cost PBDT (3,87.51) (6,03.29) (3,72.88) 8,34.37 32.31 Depreciation 1,14.30 2,00.5 2,87.91 3,94.95 4,69.23 PBT (23,84.11) (21,49) (16,36.96) (4,51.77) (12,47.81) Tax (44.35) 41.78 1,42.87 28.93 Expense PAT (23,84.11) (21,04.7) (16,78.74) (3,08.90) (12,76.74) Net Profit (23,84.11) (21,04.7) (16,78.74) (3,08.90) (12,76,74) 2020-21 2019-20 2018-19 2017-18 2016-17 Sales 15,92.11 36,53.74 26,33.74 41,66.31 35,53.22 PBIDT -17.36 7,78.22 (3,01.68) 86.31 (22,98.94) Finance Cost 1,16.45 1,42.61 2,84.37 2,89.16 2,15.67 PBDT (4,13.89) 6,35.61 (5,86.05) (2,02.85) (25,14.61) Depreciation 4,30.44 4,98.24 5,14.81 6,30.57 6,93.33 PBT (8,44.33) 1,37.37 (11,00.86) (8,33.42) (32,07.94) Tax Expense 19.17 29.29 -27.28 13.64 (1,47.54) PAT (8,63.50) 1,08.08 (10,73.58) (8,47.06) (30,60.40) Net Profit (8,63.50) 1,08.08 (10,73.58) (8,47.06) (30,60.40) S.No Description Page Nos. 1 Notice of 41 sl Annual General Meeting 4 2 Directors' Report 24 3 Secretarial Audit Report 36 4 Report on Corporate Governance 40 5 Corporate Governance Certificate 55 6 Management Discussion and Analysis Report 56 7 Independent Auditors Report on Ind As Financial Statements 66 8 Financial Statements - Balance Sheet, Statement of Profit & Loss 77 Account & Cash Flow Statement 9 Notes to Financial Statements for the year ending Mar 31,2026 83 AGM Notice Notice is hereby given that the 41st Annual General Meeting of the Members of SPEL Semiconductor Limited will be held on Monday the Sep 14, 2026 at 10.20 A.M. (1ST) through Video Conferencing ("VC") IOther Audio -Visual Mechanism ("OAVM") to transact the following business: Ordinary Business: 1. Adoption of Audited Financial Statements To receive, consider and adopt the Balance Sheet as at Mar 31, 2026 and the Statement of Profit and Loss and Cash Flow Statement and the Statement of Changes in Equity for the year ended on that date, together with the Reports of the Directors and the Auditors thereon. 2. To appoint a Director in the place of Mrs. Venkatasubramanian V Meenakshi (DIN: 10680038) who retires by rotation and being eligible, offers himself for re-appointment: To appoint a Director in place of Mrs. Venkatasubramanian V Meenakshi (DIN: 10680038) who retire by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, seeks re-appointment. Special Business: 3. Approval to Sell, Lease or otherwise dispose of whole or substantially the whole of the undertaking(s) of the Company To consider and if thought fit, to pass the following resolution as a "Special Resolution; "Resolved That, pursuant to the provisions of Section 180(1 )(a) of the Companies Act, 2013 read with relevant rules made thereunder, and any other applicable provisions, including any modification(s) thereto or re-enactments thereof for the time being in force, subject to the provisions of the Memorandum and Articles of Association of the Company and subject to such other approvals, sanctions, consents and permissions as may be necessary to be obtained, the consent of the Members of the Company be and is hereby accorded to the Board of Directors of the Company (hereinafter referred to as "the Board" which term shall include a Committee thereof) to sell or transfer or otherwise dispose of the land to an extent of not exceeding 3.7 Acres situated at 5, CMDA Industrial Estate, Maraimalai Nagar on behalf of the Company at such consideration, with effect from such date, in such manner and on such terms and conditions as may be deemed appropriate and decided by the Board, with the power to the Board to finalise and execute all the required documents, memoranda, deeds of assignmentl conveyance Isale and any other incidental documents with such modifications as may be required from time to time." "Resolved Further That the Board be and is hereby authorized to execute any documents, Deeds or writings as may be executed in relation to the transfer and vesting of the Business Undertaking and to make applications to the regulatory and government authorities for the purpose of obtaining all approvals and sanctions as required to be obtained by the Company in this regard" "Resolved Further That the Board be and is hereby authorized to do all such Acts and Deeds as may be necessary, proper, desirable and I or expedient to give effect to this resolution, to settle any questions, difficulties or doubts that may arise in regard to such sale I disposal and transfer of the Business Undertaking as they may in their absolute discretion deem fit and as may be necessary for the completion of the transaction as aforesaid in the best interest of the Company" 4. To Approve the Increase in the Authorized Share Capital of the Company and to amend Clause V (Capital Clause) of the Memorandum of Association of the Company To consider, and if thought fit, to pass, the following resolution as an Ordinary Resolution: "Resole [Showing first 8,000 characters — download PDF for full document]