This is a regulatory disclosure submitted to BSE Limited under Regulation 30 and 33 of the SEBI LODR Regulations, detailing the outcomes of a Board of Directors meeting.

1. Approval of Unaudited Financial Results (Q1 FY27)

The Board of Directors, in their meeting held on August 12, 2026, approved the unaudited standalone financial results for the quarter ended June 30, 2026. The results were reviewed by the Audit Committee and are annexed to this disclosure (Annexure A). A limited review report was issued by the statutory auditors, M/s. Nemani Garg Agarwal & Co., Chartered Accountants.

Key Financial Figures (Standalone, Rs. in Lakhs):

  • Income from Operations: 1,328.05 (Q1 FY27) vs. 2,226.35 (Q1 FY26) vs. 2,277.24 (Q4 FY26)
  • Total Income (I+II): 1,370.45 (Q1 FY27) vs. 2,238.29 (Q1 FY26) vs. 2,310.29 (Q4 FY26)
  • Total Expenses: 1,669.06 (Q1 FY27) vs. 2,276.87 (Q1 FY26) vs. 2,021.74 (Q4 FY26)
  • Profit/(Loss) before tax: (298.62) (Q1 FY27) vs. (38.58) (Q1 FY26) vs. 288.55 (Q4 FY26)
  • Profit/(Loss) for the period: (235.88) (Q1 FY27) vs. (28.27) (Q1 FY26) vs. 202.89 (Q4 FY26)
  • Earnings per share (EPS): (Rs. 1.70) basic and diluted (Q1 FY27) vs. (Rs. 0.20) (Q1 FY26) vs. Rs. 1.47 (Q4 FY26)
  • Paid-up Equity Share Capital: Rs. 1,384.85 lakhs (Face Value Rs. 10 per share)

The trading window for insider trading remained closed until August 14, 2026, and reopened on August 15, 2026.

2. Sale / Disposal of Noida Land and Building

The Board approved the proposed sale or disposal of the company's land and building in Noida, situated at Plot No. 10 & 11, Block-D, Sector-3, Noida, Gautam Budh Nagar, Uttar Pradesh – 201301. The property admeasures approximately 4,732.23 square meters.

This approval is subject to the approval of shareholders by means of a Special Resolution under Section 180(1)(a) of the Companies Act, 2013, read with Regulation 37A of the SEBI LODR Regulations. The transaction is outside any Scheme of Arrangement.

Rationale & Details:

  • The operations from the Noida facility are being shifted to the company's leasehold facility in Ballabhgarh, Faridabad, in a phased manner.
  • Upon completion of the transition, the Noida property is not expected to be required for business operations.
  • As of the date of this disclosure, the company has not entered into any agreement for the proposed sale. The Board has provided an in-principle approval subject to shareholder consent.
  • The sale will not be for less than the valuation arrived at by an independent registered valuer.
  • The transaction will be with an unrelated buyer and is not a related party transaction.

Financial Contribution of the Asset (as of March 31, 2026):

  • Revenue: Rs. 7900.55 Lakh (99.99% of total company revenue)
  • Net Worth (Net value of the Noida Land and Building only): Rs. 31.21 Lakh (2.11% of net worth)

The details of the actual sale will be provided when a definitive transaction takes place.

3. Change in Segment Reporting

Based on a review of current business operations, revenue profile, and reporting requirements, and in accordance with Ind AS 108 – Operating Segments, the company has identified "Defence" as its reportable operating segment. This change replaces the previous "Telecom" segment and is effective from the current financial reporting period (from April 1, 2026). The revised classification will be reflected in all subsequent financial statements.

4. Authorization for Material Event Disclosure

The Board authorized the following Key Managerial Personnel (KMPs) to determine the materiality of events and disseminate them to stock exchanges:

  • Mr. Ashok Kumar Kanodia, Executive Chairman (Email: cs@pel-india.in)
  • Mr. Nikhil Kanodia, Managing Director (Contact: 0120-2551556)
  • Mr. Manmohan Singh, Chief Financial Officer

Mr. Punit A. Bajaj, Company Secretary and Compliance Officer, is specifically authorized to disclose material events to the stock exchange (Email: cs@pel-india.in; Contact: 0120-2551556).

Meeting Logistics

The Board meeting commenced at 11:54 a.m. and concluded at 03:47 p.m. on August 12, 2026.

The financial results and audit reports are available on the company's website at www.pel-india.in.