Prabhat Technologies (India) Limited has informed BSE Limited that the National Company Law Tribunal (NCLT), Mumbai Bench, has passed a final order dated April 30, 2026, in Company Petition CP (IB) No. 1874 of 2019, confirming the complete implementation of the approved Resolution Plan. The disclosure was made on May 06, 2026, by Chief Financial Officer Parag Malde, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

NCLT Order: Key Details

The following table summarises the key details of the NCLT order and the associated proceedings:

Background and Resolution Plan Execution

The application before the NCLT was filed by the erstwhile Resolution Professional to bring on record the Second and Final Report for complete execution of the Resolution Plan, originally passed under an NCLT order dated October 16, 2025. The report covered the quarter from January 2026 to March 2026.

According to the application, the Resolution Applicant made payments to the Unsecured Financial Creditors to acquire the rights of allotment of equity shares on a preferential allotment basis. Following the acquisition of these rights, the Resolution Applicant relinquished the rights, entitlement, and surrendered all rights, title, and interest in respect of the equity shares to the Corporate Debtor. As a result, the Corporate Debtor was released from any obligation of payment or allotment of equity shares on a preferential basis.

Closure of Petition

The counsel for the applicant submitted to the tribunal that no appeal is pending before any appellate authority, and no legal proceedings are ongoing in any court in connection with this matter. The NCLT accepted the submission and confirmed that the approved Resolution Plan had been successfully implemented with nothing remaining outstanding.

In view of these submissions, the tribunal ordered the closure of CP (IB)/1874(MB)2019 and disposed of IA (I.B.C)/1786 (MB) 2026, directing that files be consigned to record. The order was pronounced by Sh. Prabhat Kumar, Member (Technical), and Sh. Sushil Mahadeorao Kochey, Member (Judicial).

Company Disclosure

Prabhat Technologies (India) Limited, headquartered at 402, Western Edge-1, Kanakia Spaces, Western Express Highway, Borivali (East), Mumbai 400 066, filed the intimation with BSE Limited (Scrip Code: 540027) and enclosed a copy of the NCLT order dated April 30, 2026, requesting the exchange to take the same on record.

Prabhat Technologies (India) Limited has announced key leadership appointments effective April 30, 2026, through a formal regulatory filing with BSE Limited. The Board of Directors approved the appointment of Mr. Kamlesh Mohanlal Gori as Chief Executive Officer (CEO) and Mr. Shivanshu Pandey as Additional Director (Executive Director) during its meeting held on April 30, 2026.

CEO Appointment Details

Mr. Kamlesh Mohanlal Gori has been appointed as Chief Executive Officer of the company with effect from April 30, 2026, pursuant to the provisions of section 203 of the Companies Act, 2013. A graduate by qualification, Mr. Gori is described as a seasoned business leader with extensive experience in corporate affairs, finance, and general management. His profile highlights a proven track record of driving organizational growth, strengthening compliance frameworks, and leading strategic initiatives, bringing strong leadership and governance expertise to the CEO position.

Additional Director Appointment

Mr. Shivanshu Pandey has been appointed as Additional Director (Executive Director) effective April 30, 2026. His Director Identification Number (DIN) is 06916787. Mr. Pandey brings extensive corporate expertise in governance, strategic decision-making, business management, and organizational leadership, along with experience in the entertainment industry. The company notes this will enable effective board oversight and drive long-term strategic growth. The disclosure confirms that Mr. Pandey does not have any pecuniary relationship, either financially or otherwise, with any Directors of the Board.

Regulatory Compliance and Filing

The appointments have been made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and section 203 of the Companies Act, 2013. The disclosures required pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI Listing Regulations and Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, have been enclosed as Annexure-A and Annexure-B. The intimation was submitted to BSE Limited, with the company's BSE Scrip Code being 540027. The communication was digitally signed by Parag Rameshchandra Malde, Chief Financial Officer of Prabhat Technologies (India) Limited, on April 30, 2026.