Amalgamation/Merger

PPAP Automotive Limited GSTIN: 07AAACP5144P3Z1 & 07AAACP5144P2Z2 29th August, 2026 The Listing Department The Listing Department BSE Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai – 400001 Bandra (E), Mumbai - 400051 Symbol: 532934 Symbol: PPAP Dear Sir, Subject: Disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Re: Notice of Meeting of unsecured creditors of PPAP Automotive Limited (“the Company”) pursuant to Order dated 29th July, 2026 of the Hon’ble National Company Law Tribunal, New Delhi Bench (“NCLT”), in the matter of Scheme of Amalgamation of Avinya Batteries Limited (“Transferor Company”) with PPAP Automotive Limited (“Transferee Company”) and their respective Shareholders (“Scheme”). This is in reference to our earlier disclosure dated 31st July 2026 under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 this is to inform you that meeting of unsecured creditors is scheduled on 30th September, 2026 at 3:30 P.M. through Video Conferencing/Other Audio – Visual means (“VC/OAVM”). The details such as manner of casting vote through e-voting and attending the meeting through VC / OAVM have been set out in the Notice of the meeting. Voting rights of the unsecured creditor shall be in proportion to the amount outstanding to be paid by the Company as on the cut-off date i.e. 31st March, 2026 and the unsecured creditor as on cut-off date shall also be entitled to attend the meeting. The remote e-voting facility shall be available from Saturday 26th September, 2026 (9:00 am) to Tuesday 29th September, 2026 (5:00 pm). In accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015, please find enclosed herewith, a copy of the Notice of the NCLT convened meeting of the unsecured creditor of the Company which is being dispatched today to unsecured creditor as on cut-off date, through e-mail. Registered office: 54, Okhla Industrial Estate, Phase III, New Delhi-110020 +91-011-62560000 info@ppapco.com www.ppapco.in CIN: L74899DL1995PLC073281 PPAP Automotive Limited GSTIN: 07AAACP5144P3Z1 & 07AAACP5144P2Z2 A copy of this Notice is also placed on the website of the Company at www.ppapco.in This is for your information and record. Thanking you, Yours faithfully, For PPAP Automotive Limited Pankhuri Agarwal Company Secretary & Compliance Officer Registered office: 54, Okhla Industrial Estate, Phase III, New Delhi-110020 +91-011-62560000 info@ppapco.com www.ppapco.in CIN: L74899DL1995PLC073281 PPAP AUTOMOTIVE LIMITED Registered Office: : 54, Okhla Industrial Estate, Phase III, New Delhi-110020 Tel: +91-011-62560000 CIN: L74899DL1995PLC073281 Website: www.ppapco.in Email: info@ppapco.com NOTICE CONVENING THE MEETING OF THE UNSECURED CREDITORS OF PPAP AUTOMOTIVE LIMITED THROUGH VIDEO CONFERENCING FACILITY PURSUANT TO THE ORDER DATED 29.07.2026 OF THE NATIONAL COMPANY LAW TRIBUNAL, NEW DELHI BENCH Meeting Details Day Wednesday Date 30.09.2026 Time 03:30 PM As per the directions of the Hon’ble National Company Law Tribunal, New Delhi Bench, the meeting shall be conducted through Video Conferencing (‘VC’) with the facility of remote e- Mode of Meeting voting and e-voting at the meeting. The deemed venue of the Meeting shall be the Registered Office of the Company i.e. 54, Okhla Industrial Estate, Phase-III, New Delhi-110020. Remote e-voting start date and 26.09.2026 (9:00 a.m. IST) time Remote e-voting end date and 29.09.2026 (05:00 p.m. IST) time Sl. No. Contents Annexures Page No. 1. Notice convening Meeting of the Unsecured creditors of PPAP AUTOMOTIVE LIMITED (“PPAP”) pursuant to the Order dated 29.07.2026 of the National Company Law Tribunal, New Delhi Annexure -A 3-12 Bench (“Hon’ble Tribunal”) including instructions for remote e- voting and for joining meeting and e-voting 2. Explanatory Statement under section(s) 102, 230 to 232 of the Companies Act, 2013 (“the Act”) read with Rule 6 of the Companies Annexure -B 13-23 (Compromises, Arrangements and Amalgamations) Rules, 2016 3. Scheme of Amalgamation under the provisions of Sections 230-232 Annexure -C 24-48 of the Act 4. Order dated 29.07.2026 passed in the CA(CAA) No. 41/230- Annexure -D 49-58 232/ND/2026 by the Hon’ble Tribunal 5. Board Resolution dated 05.05.2026 along with the Report adopted by the Board of Directors of Avinya Batteries Limited explaining the effect of the Composite Scheme of Arrangement on the class of Annexure -E 59-63 shareholders, key managerial personnel, promoters and non- promoter shareholders pursuant to the provisions of section 232(2)(c) of the Act 6. Board Resolution dated 11.05.2026 along with the Report adopted by the Board of Directors of PPAP Automotive Limited explaining the effect of the Composite Scheme of Arrangement on the class of Annexure -F 64-68 shareholders, key managerial personnel, promoters and non- promoter shareholders pursuant to the provisions of section 232(2)(c) of the Act 7. Audit Committee Resolution dated 11.05.2026 of PPAP Automotive Annexure -G 69-70 Limited 8. Latest Audited Financial Statements of Avinya Batteries Limited for Annexure -H 71-87 the period ended on 31.03.2026 9. Latest Audited Financial Statements of PPAP Automotive Limited Annexure -I 88-105 for the period ended on 31.03.2026 10. s Certificate issued by the Auditors of PPAP Automotive Limited Annexure -J 106-109 confirming the accounting treatment proposed in the Scheme Copies of the above documents may also be obtained at the Registered Office of the Company at 54, Okhla Industrial Estate, Phase III, New Delhi- 110020 between Monday to Friday between 10:00 A.M. to 5:00 P.M. up to the date of the meeting or by email at investorservice@ppapco.com THE USERNAME AND PASSWORD WILL BE GENERATED BY MUFG INTIME INDIA PRIVATE LIMITED (“MUFG”) AND SHALL BE SENT SEPARATELY WELL IN ADVANCE BEFORE THE PORTAL IS OPEN FOR REMOTE EVOTING. SAME USERNAME AND PASSWORD MAY BE USED FOR ATTENDING AND VOTING AT THE MEETING. Annexure -A BEFORE THE HON’BLE NATIONAL COMPANY LAW TRIBUNAL, NEW DELHI BENCH CA(CAA) No. 41/230-232/ND/2026 In the matter of the Companies Act, 2013 In the matter of Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 read with Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 In the matter of Scheme of Amalgamation Between AVINYA BATTERIES LIMITED (“Transferor Company”) PPAP AUTOMOTIVE LIMITED (“Transferee Company’’) THEIR RESPECTIVE SHAREHOLDERS NOTICE FOR CONVENING MEETING OF THE UNSECURED CREDITORS OF PPAP AUTOMOTIVE LIMITED PPAP AUTOMOTIVE LIMITED (CIN: L74899DL1995PLC073281) 54, Okhla Industrial Estate, Phase III, New Delhi- 110020 …………. Transferee Company NOTICE FOR CONVENING THE MEETING OF THE UNSECURED CREDITORS OF PPAP AUTOMOTIVE LIMITED PURSUANT TO THE ORDER DATED 29.07.2026 PASSED BY THE HON’BLE NATIONAL COMPANY LAW TRIBUNAL, NEW DELHI BENCH THROUGH VIDEO CONFERENCING FACILITY Unsecured creditors of PPAP AUTOMOTIVE LIMITED (Applicant No. 2/ Transferee Company/ Company/PPAP) Notice is hereby given that by an Order dated 29.07.2026 (“Order”), the New Delhi Bench of Hon’ble National Company Law Tribunal (hereinafter referred to as the “Tribunal”), passed in the Company Application No. CA(CAA) No. 41/230-232/ND/2026 has directed that a meeting of Unsecured creditors (‘Meeting’) of PPAP Automotive Limited be convened through Video-Conferencing / Other Audio-Visual Means (‘VC/OAVM’) for the purpose of considering, and if thought fit, approving with or without modification, the Scheme of Amalgamation of Avinya Batteries Limited with PPAP Automotive Limited (‘the Scheme’). 1. Pursuant to the Order of the Hon’ble Tribunal as directed therein, the Meeting of th [Showing first 8,000 characters — download PDF for full document]