Outcome of Board Meeting held on July 27, 2026

Pavna Industries Limited announced the lapse and forfeiture of 24,00,000 convertible warrants due to the warrant holders' inability to pay the remaining 75% of the issue price by the deadline of July 28, 2026. As a result, the upfront subscription amount of ₹30.30 Crore will be forfeited, and the warrant holders will lose their rights to convert the warrants into equity shares. There will be no change in the company's paid-up share capital.

Reported results are the point at which prior management commitments become checkable against audited or reviewed numbers.

• Margin trend against the prior period
• Cash from operations against reported profit
• Whether prior guidance is reaffirmed