Pan Electronics (India) Limited informed the Bombay Stock Exchange that Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable to the company for the half year ended September 30, 2026.

The company stated that the paid-up equity share capital does not exceed ₹10 crore, standing at ₹4,00,00,000 as on March 31, 2026. Additionally, the net worth does not exceed ₹25 crore, reported at ₹28,49,25,396 as on the same date.

Regulatory Exemption Details

Pursuant to Regulation 15(2) of the SEBI LODR Regulations, 2015, compliance with specific related party transaction provisions is exempted for entities meeting these capital criteria. The regulations excluded from applicability include Regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27, and clauses (b) to (i) of sub-regulation (2) of Regulation 46.

Furthermore, Para C, D, and E of Schedule V are also not applicable. Consequently, the company is not required to submit disclosures of related party transactions on a consolidated basis under Regulation 23(9).

Financial Thresholds

The filing was signed by Gullu Gellaram Talreja, Managing Director, on October 11, 2026.

Pan Electronics (India) Ltd concluded its 43rd Annual General Meeting on September 28, 2026, with shareholders approving key operational and financial resolutions. The meeting, conducted via video conferencing, saw the adoption of financial statements and the re-appointment of a director.

The board also sought and received approval to increase the company's borrowing limits under Section 180(1)(c) of the Companies Act, 2013. This special resolution indicates a potential expansion in debt capacity for future capital requirements or working capital needs.

Resolutions Passed

The following items of ordinary and special business were transacted during the meeting:

Voting Results

The scrutinizer's report for the remote e-voting and e-voting during the AGM has been submitted to the Bombay Stock Exchange. The results indicate unanimous support for all resolutions among participating members.

A total of 26 members cast their votes through remote e-voting, representing 2,827,087 shares. No members voted through physical polling at the meeting itself. The single dissenting vote in each resolution accounted for only 1 share, resulting in a 0.00% dissent rate against the total voting power exercised.

Meeting Proceedings

Gullu Gellaram Talreja, Chairman and Managing Director, presided over the meeting which commenced at 3:30 pm and concluded at 4:12 pm IST. The requisite quorum was present, and the Chairman delivered a speech addressing member queries after taking the Notice of AGM as read.

Remote e-voting facilities were available from September 25, 2026, to September 27, 2026. Mr. Vivek Bhat, Practicing Company Secretary, served as the scrutinizer for the e-voting process. Detailed voting results are available on the Bombay Stock Exchange website and the company's investor relations page.