HI-TECH PIPES LIMITED — Proxy Solicitation & Information Statement 2026

Jun 8, 2026

Hi-Tech Pipes Limited

(CIN: L27202DL1985PLC019750)

Regd. Off.: 505, Pearls Omaxe Tower, Netaji Subhash Place, Pitampura, Delhi-110034

91-1148440050, www.hitechpipes.in: info@hitechpipes.in

CORRIGENDUM TO THE POSTAL BALLOT NOTICE

Dear Member(s),

This Corrigendum to the Notice of Postal Ballot dated May 28, 2026 is being issued by the company and this Corrigendum should be read in continuation of and in conjunction with Notice of Postal Ballot dated May 28, 2026, which was dispatched to the shareholders on May 29, 2026.

The members of Hi-Tech Pipes Limited are requested to note that the developments/ amendments with respect to and in connection with Notice of Postal Ballot dated May 28, 2026 are as under:

Changes to the Explanatory Statement to Item No. 1 of Postal Ballot Notice:

1. Sub-point ‘B’ on page 15: The section titled “Objects of the Issue through Preferential Offer” shall be substituted and read as under:

2. The Company requires infusion of funds for working capital requirements, General Corporate Purpose. The proceeds are expected to be utilized on or before March 31, 2028.

3. Sub-point ‘O’ on pages 17, 18, and 19: The pre-preferential shareholding pattern, which was previously given as of March 31, 2026, has now been updated and given as of May 22, 2026. Accordingly, the table provided therein stands replaced and should be read as set out below.:

The shareholding pattern before and after the proposed preferential issue to the Promoter Group category is as follows:

S. NO.	CATEGORY	PRE ISSUE NO. OF SHARES	PRE-ISSUE %	POST ISSUE NO. SHARES	POST ISSUE %
A. PROMOTER AND PROMOTER GROUP
1.	INDIAN
a)	Individual	66462817	32.72	68462817	32.28
b)	Others HUF	5734952	2.82	5734952	2.70
c)	Bodies Corporate	16680000	8.21	23680000	11.17
	SUB TOTAL (A)(1)	88877769	43.75	97877769	46.15

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1.	Foreign	0	0	0	0
	SUB TOTAL (A)(2)	0	0	0	0
	Total Promoter & Promoter Group Shareholding=(A)(1)+(A)(2)	88877769	43.75	97877769	46.15
B.
1	Institutions
a)	Institutional Investors Domestic	32163859	15.84	32163859	15.16
b)	Institutional Investors Foreign	2139612	1.05	2139612	1.01
	SUB TOTAL (B)(1)	34303471	16.89	34303471	16.17
2	Non-institutions
a)	Individuals	58757424	28.93	58757424	27.70
b)	Bodies Corporate	13741140	6.77	13741140	6.48
c)	HUF	2853687	1.41	2853687	1.35
d)	Other (Including NRIs, Clearing Member & IEPF, etc.)	4574243	2.25	4574243	2.16
	SUB TOTAL (B)(2)	79926494	39.36	79926494	37.69
	Total Public Shareholding (B) = (B)(1)+(B)(2)	114229965	56.25	114229965	53.86
	Total (A+B)	203107734	100	212107734	100

Notes:
1. The Pre Preferential Shareholding pattern is as on May 22, 2026.
2. The above post-issue shareholding is prepared assuming the conversion of convertible warrants issued pursuant to resolution at item No.1 into equity shares.
3. Under Resolution at page 3 where the Valuation Report Link is given can be accessed at the below link:
https://hitechpipes.in/wp-content/uploads/2026/05/Signed_Valuation-Report_SFA.pdf

This Corrigendum to the Notice of the Postal Ballot shall form an integral part of the Notice of Postal Ballot and will also be made available on website of NSE and BSE and on the website of the Company at https://hitechpipes.in/share-holding-meetings/.

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All other contents of the Notice of Postal Ballot, save and except as modified or supplemented by the Corrigendum, shall remain unchanged.

Date: June 05, 2026
Place: New Delhi
Registered Office:
505, Pearls Omaxe Tower,
Netaji Subjash Place,
Pitampura, Delhi -110034

By the Order of the Board
of Hi-Tech Pipes Ltd.

Sd/-
Ajay Kumar Bansal
Managing Director
DIN: 01070123