Giving guarantees/indemnity/ becoming a surety for third party

Dated: 27th August, 2026 Place: Hyderabad BSE Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street, Fort Bandra East Mumbai-400 001 Mumbai - 400 051 Dear Sir/Madam, Sub: Details regarding Corporate Guarantee Ref: SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 BSE Scrip code: 513228 / NSE Symbol: PENIND We wish to inform that the Company has approved providing additional Corporate Guarantee of Rs.34 crore and pledge its additional shareholding in ZAP91 Solar India Private Limited (ZAP91), a Joint Venture of the Company, in connection with the Non-Convertible Debentures issued by ZAP91 to CTL Trusteeship Limited. The Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is attached herewith as Annexure-A. Kindly take the same in your records. Thanking you, Yours faithfully, for Pennar Industries Limited Mirza Mohammed Ali Baig Company Secretary & Compliance Officer ACS 29058 Annexure-A Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Particulars Description Name of party for which such guarantees or CTL Trusteeship Limited indemnity or surety was given Whether the promoter/ promoter group/ group The promoter/ promoter group/ group companies have any interest in this transaction? If companies are not interested in this yes, nature of interest and details thereof and transaction. whether the same is done at “arm’s length” The Company has approved providing additional corporate guarantee of Rs.34 Brief details of such guarantee or indemnity or crore and pledge its additional shareholding becoming a surety viz. brief details of agreement in ZAP91 Solar India Private Limited entered (if any) including significant terms and (ZAP91), a Joint Venture, in connection conditions, including amount of guarantee with the Non-Convertible Debentures issued by ZAP91 to CTL Trusteeship Limited. There is no immediate impact on the Company, except to the extent of the amount of corporate guarantee, in the event Impact of such guarantees or indemnity or surety on ZAP91 Solar India Private Limited is listed entity unable to meet its repayment obligations to CTL Trusteeship Limited. The Corporate Guarantee constitutes a contingent liability for the Company.