PCS Technology Ltd. — Capital/Financing Update 2024

Oct 30, 2024

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30[th] October, 2024

The Secretary

The Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers 27[th] Floor, Dalal Street Mumbai 400023

Dear Sir/Madam,

Ref : Security Code no. 517119

• Re : Intimation under regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/Madam

This is to inform you that the Directors of the Company has passed the resolution on 30[th] October, 2024 approving the redemption of 39,75,000 ‘9% Non-cumulative, Non-convertible, Redeemable Preference Shares at a face value of Rs. 10/- per share aggregating to Rs 3,97,50,000/- (‘Preference Shares’) which had been issued and allotted on 31[st] January 2013, on a preferential basis to the promoter and promoter group members (unlisted). No premium would be payable on redemption of the said preference shares.

As per the terms of the issue the preference shares which are due for redemption on or before 30[th] January, 2025. The consent of the Board is given to issue advance notice to the Preference Shareholders for the redemption of the entire preference shares aggregating Rs. 3,97,50,000/- on or before 30[th] January, 2025.

This intimation is being filed in regards to the provisions of the regulations 30 and other regulations as applicable.

Kindly take the same on record and acknowledge the receipt.

Thanking you

Yours faithfully,

For PCS Technology Limited

BHASKAR Digitally signed by BHASKAR JAGUBHAI JAGUBHAI PATEL Date: 2024.10.30 PATEL 10:55:11 +05'30' Bhaskar Patel Chief Executive Officer

PCS TECHNOLOGY LIMITED

Reg. Office: S. No. 1A, F-1, Irani Market Compound, Yerawada, Pune – 411006, Maharashtra, India, Tel: 020-26681619 CIN: L74200MH1981PLC024279, web:www.pcstech.com Email:investorsgrievances@pcstech.com