Acquisition

PAVNA INDUSTRIES LIMITED CIN-L34109UP1994PLC016359 Registered Office: VIMLANCHAL, HARI NAGAR, ALIGARH, UTTAR PRADESH, 202001, INDIA. Corporate Address: SUSHAYAT KHURD ALIGARH-AGRA ROAD, NEAR MANGALAYATAN MANDIR, SASNI, HATHRAS, ALIGARH, UTTAR PRADESH, 204216, INDIA. Email: cs@pavnagroup.com; Website: www.pavna.in Tel No.: +91-8006409332 August 24, 2026 To, To, The BSE Limited The National Stock Exchange of India Limited Dept of Corporate Services The Listing Department Phirozee Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Bandra Kurla Dalal Street, Fort, Complex, Bandra (East), Mumbai - 400001 (Maharashtra) Mumbai- 400051(Maharashtra) Scrip Code :543915 Symbol: PAVNAIND ISIN-INE07S101038 Subject: Outcome of Board Meeting Pursuant to Regulation 30 & Regulation 34 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”) held on Monday, August 24, 2026. Dear Sir/Madam, Pursuant to Regulation 30 and Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the Board of Directors of the company at their meeting held today i.e., Monday, 24th August 2026, inter alia, has approved the following: 1. Approved the Notice of Thirty-Second (32nd) Annual General Meeting of the Members of the Company for the financial year ended on 31st March 2026, which is scheduled to be held on Monday, September 21, 2026 at 9: 00 A.M, 2. Approved the Thirty-Second (32nd) Annual report of the Company. 3. Appointment of NSDL for availing E-Voting Facility at the ensuing 32nd A.G.M of the Company. 4. Appointment of Mr. Shantanu Jain (S.B. Jain and Associates) as Scrutinizer for upcoming 32nd A.G.M of the Company. 5. Approved the investment/acquisition of a 52.38% equity stake (11,000 Equity Shares) in Pavna Electric Systems Private Limited, pursuant to which Pavna Electric Systems Private Limited will become a subsidiary of Pavna Industries Limited. The detailed disclosure as required under Regulation 30 of the Listing Regulations, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 ("SEBI Circular"), is enclosed as Annexure I. PAVNA INDUSTRIES LIMITED CIN-L34109UP1994PLC016359 Registered Office: VIMLANCHAL, HARI NAGAR, ALIGARH, UTTAR PRADESH, 202001, INDIA. Corporate Address: SUSHAYAT KHURD ALIGARH-AGRA ROAD, NEAR MANGALAYATAN MANDIR, SASNI, HATHRAS, ALIGARH, UTTAR PRADESH, 204216, INDIA. Email: cs@pavnagroup.com; Website: www.pavna.in Tel No.: +91-8006409332 6. Approved the disinvestment of its entire 50.74% stake (30,901 Equity shares) in Pavna Auto Engineering Private Limited. Consequent to the said disinvestment, Pavna Auto Engineering Private Limited will cease to be a subsidiary of the Company. The detailed disclosure as required under Regulation 30 of the Listing Regulations, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 ("SEBI Circular"), is enclosed as Annexure II. 7. Approved the disinvestment of its entire 50.74% stake (3,09,001 Equity shares) in Swapnil Switches Private Limited. Consequent to the said disinvestment, Swapnil Switches Private Limited will cease to be a subsidiary of the Company. The detailed disclosure as required under Regulation 30 of the Listing Regulations, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 ("SEBI Circular"), is enclosed Annexure III. The remote e-voting period begins on Friday, September 18, 2026 at 09:00 A.M. and ends on Sunday, September 20, 2026 at 05:00 P.M. The Members whose names appear in the Register of Members / Beneficial Owners as on the record date (cut-off date) i.e. Monday, September 14, 2026, may cast their vote electronically. The Board Meeting commenced at 03:00 PM concluded at 4:00 PM. We request you to take the above information on your records. Thanking you, Yours Faithfully, For Pavna Industries Limited Swapnil Jain Managing Director DIN-01542555 PAVNA INDUSTRIES LIMITED CIN-L34109UP1994PLC016359 Registered Office: VIMLANCHAL, HARI NAGAR, ALIGARH, UTTAR PRADESH, 202001, INDIA. Corporate Address: SUSHAYAT KHURD ALIGARH-AGRA ROAD, NEAR MANGALAYATAN MANDIR, SASNI, HATHRAS, ALIGARH, UTTAR PRADESH, 204216, INDIA. Email: cs@pavnagroup.com; Website: www.pavna.in Tel No.: +91-8006409332 Annexure-I The detailed disclosure as required under Regulation 30 of the Listing Regulations, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 ("SEBI Circular"). S.NO Particulars Details 1 Name of the target entity, details in brief such Name of the target company- PAVNA ELECTRIC as size, turnover etc. SYSTEMS PRIVATE LIMITED CIN- U35990UP2021PTC142171 Authorised Share Capital – Rs 5,00,000 (Rupees five lakh only) Paid up Share Capital – Rs 1,00,000 (Rupees One lakh only) Turnover/size- Rs 25.78 Crores (As on 31st March , 2025) Net Worth- Rs.0.23 Crores (As on 31st March, 2025) PAT- Rs.0.14 Crores (As on 31st March, 2025) 2 Whether the acquisition would fall within Yes, this is a Related Party Transaction. related party transaction(s) and whether the promoter/ promoter group/ group companies Promoter is Interested in transaction. have any interest in the entity being acquired? If yes, nature of interest and details thereof Thus, Transaction will be on arm length basis and as and whether the same is done at “arm’s length” per Valuation as per Law 3 Industry to which the entity being acquired Automobile Components, Auto Parts, Locks, belongs Electrical & Electronic Components and Allied Products Industry. 4 Objects and impact of acquisition (including The acquisition is proposed to leverage synergies but not limited to, disclosure of reasons for between the businesses of both entities, as both acquisition of target entity, if its business is operate in the automobile industry. The acquisition outside the main line of business of the listed will enable the Company to utilize complementary entity) manufacturing capabilities, resources, technology, product portfolio and market presence, thereby enhancing operational efficiency, expanding business opportunities and strengthening its overall position in the automobile industry. 5 Brief details of any governmental or regulatory Not applicable approvals required for the acquisition PAVNA INDUSTRIES LIMITED CIN-L34109UP1994PLC016359 Registered Office: VIMLANCHAL, HARI NAGAR, ALIGARH, UTTAR PRADESH, 202001, INDIA. Corporate Address: SUSHAYAT KHURD ALIGARH-AGRA ROAD, NEAR MANGALAYATAN MANDIR, SASNI, HATHRAS, ALIGARH, UTTAR PRADESH, 204216, INDIA. Email: cs@pavnagroup.com; Website: www.pavna.in Tel No.: +91-8006409332 6 Indicative time period for completion of the 120 days acquisition 7 Consideration – whether cash consideration or In cash share swap or any other form and details of the same 8 Cost of acquisition and/or the price at As per Valuation report, the Fair Value price is Rs which the shares are acquired 154.50 including premium. 9 Percentage of shareholding / control 52.38% to be Acquired by Pavna Industries Limited acquired and / or number of shares and 11,000 shares to be allotted to Pavna Industries acquired Limited. 10 Existing percentage of shareholding held by 0% acquirer 11 Brief background about the entity acquired in Background- To carry on the business of terms of products/line of business acquired, manufacturing, supplying, importing, exporting, date of incorporation, history of last 3 years trading and dealing in automobile components, turnover, country in which the acquired entity wires, wire harnesses, switches, locks, auto parts, has presence and any other significant accessories and allied products. information (in brief). To manufacture, acquire, lease, operate and deal in machinery, tools, metals, hardware, patents, trademarks and other assets, rights and facilities related to the automobile and allied industries. Date of incor [Showing first 8,000 characters — download PDF for full document]