PTC Industries Ltd. — Proxy Solicitation & Information Statement 2023

Jun 29, 2023

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

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Date: June 29, 2023

To

To

National Stock Exchange of India Limited Exchange Plaza, C-1, Block G Bandra Kurla Complex, Bandra (E), Mumbai-400051

BSE Limited

Department of Corporate Services - Listing Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001

SYMBOL: PTCIL

SCRIP CODE: 539006

Subject : Outcome under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Addendum to the Notice of Extra-Ordinary General Meeting.

Dear Sir/Madam,

In continuation to our intimation dated June 14, 2023, we are submitting herewith the Addendum to the Notice of Extra Ordinary General Meeting (“EGM”) scheduled to be held on Saturday, July 08, 2023 at 3:00 PM through Video Conferencing / Other Audio-Visual Means.

An Addendum has been issued to inform the Shareholders of the Company the changes in the explanatory statement as set out for the Item No. 1, contained in the EGM Notice. Same is enclosed herewith.

All other particulars and details as mentioned in the EGM Notice shall remain unchanged. The Addendum shall be read in conjunction with the EGM Notice dated June 14, 2023 together with explanatory statement. This corrigendum is also available on the Company’s website viz. www.ptcil.com, and on the website of BSE Limited and National Stock Exchange of India Limited viz. www.bseindia.com and www.nseindia.com, respectively.

You are requested to take the same on your record.

Thanking you,

Yours faithfully,

For PTC Industries Limited

PRAGATI Digitally signed by PRAGATI GUPTA GUPTA AGRAWAL Date: 2023.06.29 AGRAWAL 15:24:03 +05'30'

Pragati Gupta Agrawal (Company Secretary and Compliance Officer)

Place: Lucknow

CIN: L27109UP1963PLC002931 Tel: +91 522 7111017 | Fax: +91 522 2265302 | Email: info@ptcil.com | Website: www.ptcil.com

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

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ADDENDUM TO THE NOTICE OF EXTRA-ORDINARY GENERAL MEETING

Dear Members,

This is in reference to the Notice of Extra-Ordinary General Meeting dated June 14, 2023 (“EGM Notice”) of PTC Industries Limited (“the Company”) to be held on Saturday, July 08, 2023 at 03:00 PM through Video Conference (VC)/ Other Audio-Visual Means (OAVM) facility, for seeking approval for matters contained in the said notice. The said notice has been duly dispatched to the shareholders of the Company as per the applicable laws.

In terms of the provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, the minimum issue price has been determined through the Valuation Report dated June 08, 2023 issued by M/s. Corporate Professionals Valuation Services Private Limited (Registered Valuer).

Pursuant to the clarification sought by National Stock Exchange of Indian Limited (NSE), the Company has obtained an Addendum (dated June 29, 2023) to the above-mentioned Valuation Report issued by the Registered Valuer.

Pursuant to aforesaid matters, members of the Company are requested to note that the third para of S. No. XII titled “Issue price and Relevant Date:” in the Explanatory Statement to Item No. 1 of the above-mentioned Notice of EGM shall be replaced with following:

• “In terms of the provisions of Regulation 165 of the SEBI ICDR Regulations, the price shall be determined by the Valuation Report issued by the Independent Registered Valuer. Thus, the minimum price as determined through the Valuation Report dated June 08, 2023 read with the addendum to the Valuation report dated June 29, 2023, issued by M/s. Corporate Professionals Valuation Services Private Limited (“Registered Valuer”), (Registration No.: IBBI/RV-E/02/2019/106), i.e., Rs. 2498.12/- per Equity Shares. The said report and addendum to it are available on the website of the Company at www.ptcil.com."

All other particulars and details as mentioned in the EGM Notice shall remain unchanged. The Addendum shall be read in conjunction with the EGM Notice dated June 14, 2023 together with explanatory statement. This Addendum is also available on the Company’s website viz. www.ptcil.com, and on the website of BSE.

For PTC Industries Limited

PRAGATI GUPTA Digitally signed by PRAGATI GUPTA AGRAWAL AGRAWAL Date: 2023.06.29 15:24:29 +05'30'

Place: Lucknow Date: June 29, 2023

Pragati Gupta Agrawal (Company Secretary and Compliance Officer)

CIN: L27109UP1963PLC002931 Tel: +91 522 7111017 | Fax: +91 522 2265302 | Email: info@ptcil.com | Website: www.ptcil.com