PITTI ENGINEERING LIMITED — Capital/Financing Update 2025

Aug 7, 2025

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7[th] August 2025

To, BSE Limited Floor 25, P J Towers, Dalal Street Mumbai – 400 001 Scrip Code: 513519

To, National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex Bandra (E), Mumbai – 400 051 Scrip Code: PITTIENG

Dear Sirs,

Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Capacity Expansion

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Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11[th] November 2024, we wish to inform you that Board of Directors of the Company at its meeting held today i.e. 7[th] August 2025 has approved a capex of ₹ 150 crores for enhancing of the manufacturing capacities of the Company and its Wholly Owned Subsidiaries (Pitti Industries Private Limited and Dakshin Foundry Private Limited) from existing consolidated capacities of sheet metal 90,000 MT to 1,08,000 MT and machine hours from 6,48,000 hours to 7,20,000 hours and foundry capacity from 18,600 MT to 24,000 MT. The present utilization capacity of sheet metal is 70% machining hours 82% and casting capacity 69%.

The current manufacturing capacities are nearing optimal utilization. In order to cater to the increasing business demand and growth opportunities, the Company has decided to enhance its production capabilities. The proposed capacity expansion will be funded through a mix of internal accruals and debt and will be completed in a phased manner in a span of 18 months.

Kindly take the same on record.

Thanking you, Yours faithfully, For Pitti Engineering Limited

Digitally signed by MARY MARY MONICA MONICA BRAGANZA BRAGANZA Date: 2025.08.07 18:40:37 +05'30'

Mary Monica Braganza Company Secretary & Chief Compliance Officer FCS: 5532

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