Precot 64th AGM Approves Director Reappointment and Dividend

Date: Thursday, 20th August 2026
Time: 4:00 PM to 4:37 PM
Location: Conducted through Video Conferencing/Other Audio Visual Means (OAVM)
Type: 64th Annual General Meeting
Chairperson: Mr. Ashwin Chandran, Chairman and Managing Director
Attendance: 66 shareholders present through VC/OAVM

1. Adoption of audited annual financial statements for the year ended 31st March 2026

2. Appointment of Mr. T Kumar (DIN: 07826033) who retires by rotation and offered himself for reappointment

3. Declaration of Dividend of ₹4 per equity share of ₹10 each

4. Variation in the Terms and Conditions of Remuneration Payable to Mr. Ashwin Chandran (DIN: 00001884), Chairman and Managing Director

5. Variation in the Terms and Conditions of Remuneration Payable to Prashanth Chandran (DIN: 01909559), Vice Chairman and Managing Director

6. Variation in the Terms and Conditions of Remuneration Payable to Mr. T Kumar (DIN: 07826033) as Executive Director

7. Variation in the Terms and Conditions of Remuneration Payable to Mr. Ravi Kumar Abburu (DIN: 10622002), Director-Technical Textiles

8. Ratification of remuneration payable to cost auditor

Remote e-voting period: Sunday, 16th August 2026 (9:00 AM) to Wednesday, 19th August 2026 (5:00 PM)
Service provider: MUFG Intime India Private Ltd
Voting methods: Remote e-voting prior to meeting and e-voting during the meeting for those who hadn't voted remotely
Meeting e-voting duration: Remained open for 15 minutes during the meeting

The meeting was conducted in compliance with:

Companies Act 2013 and rules thereunder
SEBI (LODR) Regulations 2015
MCA General Circulars dated April 8, 2020; April 12, 2020; May 5, 2020; and subsequent circulars including latest dated September 22, 2025

Scrutinizer: Mr. C.V. Madhusudhanan, Practicing Company Secretary
Results disclosure: E-voting results along with consolidated scrutinizer's report to be informed to National Stock Exchange within 2 working days
Public disclosure: Results will be displayed on the company website and Stock Exchange website

Registers required under Companies Act, 2013 were made available online for inspection by members
Three registered speaker shareholders raised queries during the meeting, which were answered by the Chairman
The Chairman also addressed questions sent by shareholders through email prior to the meeting