PTC Industries Ltd. — Capital/Financing Update 2024

Aug 28, 2024

PTC INDUSTRIES LIMITED Advanced Manufacturing & Technology Centre NH 25A, Sarai Shahjadi, Lucknow 227 101 Uttar Pradesh, India

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Date: August 28, 2024

To,

The Manager The General Manager Listing Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block-G Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street Bandra East Mumbai 400 001 Mumbai 400 051 Maharashtra, India Maharashtra, India

Symbol: PTCIL

Scrip Code: 539006

Dear Sir/Madam,

• Re: Qualified institutions placement of equity shares of face value of ₹ 10 each (the “Equity Shares”) by PTC Industries Limited (the “Company) (the “QIP”)

Sub: Outcome of the meeting of the Listing Committee

We wish to inform you that pursuant to the approval of the board of directors of the Company at its meeting held on July 13, 2024 and approval of the shareholders of the Company by way of a special resolution passed on August 8, 2024, the Listing Committee of the Company, in its meeting held today i.e. August 28, 2024, has inter alia considered and approved the following:

• (i) approval and adoption of the preliminary placement document dated August 28, 2024, and the draft of application form, in connection with the QIP;

• (ii) authorizing the opening of the proposed issue of such number of Equity Shares to eligible qualified institutional buyers through a qualified institutions placement under Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (“ SEBI ICDR Regulations ”) and Section 42 of the Companies Act, 2013, read with Rule 14 of the Companies (Prospectus and Allotment of Securities) Rules, 2014, each as amended, today, i.e. on August 28, 2024;

• (iii) approval of the floor price for the QIP, being ₹13,894.42 per Equity Share (“ Floor Price ”) based on the pricing formula as prescribed under Regulation 176 of the SEBI ICDR Regulations.

We further wish to inform you that the Listing Committee has fixed the ‘Relevant Date’ for the purpose of the QIP, in terms of Regulation 171 of the SEBI ICDR Regulations as August 28, 2024 and accordingly the floor price in respect of the QIP, based on the pricing formula as prescribed under Regulation 176(1) of the SEBI ICDR Regulations is ₹13,894.42 per Equity Share. Pursuant to Regulation 176(1) of the SEBI ICDR Regulations, the Company may, at its discretion, offer a discount of not more than 5% (five percent) on the Floor Price so calculated for the QIP.The Listing Committee meeting commenced at 09:30 PM and the meeting was concluded at 10:45 PM

Copy of the same is also being made available on the website of our Company at www.ptcil.com.

We request you to take the above on record pursuant to compliance under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended.

Thanking you,

Yours faithfully

For PTC Industries Limited

PRAGATI GUPTA Digitally signed by PRAGATI GUPTA AGRAWAL AGRAWAL Date: 2024.08.28 23:08:04 +05'30' Pragati Gupta Agrawal Company Secretary and Compliance Officer Place: Lucknow

CIN: L27109UP1963PLC002931 Tel: +91 522 7111017 | Fax: +91 522 7111020 | Email: info@ptcil.com | Website: www.ptcil.com