Panasonic Carbon India Co. Limited convened a Board of Directors meeting on 06 May 2026 at its registered office, approving the standalone audited financial results for the quarter and year ended 31 March 2026, along with the Auditor's Report, Balance Sheet, and Cash Flow Statement, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory audit report issued by B S R & Co. LLP, Chartered Accountants, carries an unmodified opinion, and the results have been filed with BSE Limited. The meeting commenced at 11:00 a.m. and concluded at 5:00 p.m. Subsequently, the audited financial results were published as a newspaper advertisement in Trinity Mirror (English) and Makkal Kural (Tamil) on 07 May 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance: FY26 vs FY25

The company recorded steady growth across key financial metrics for the year ended 31 March 2026. The following table summarises the audited annual financial results (Amount in INR (₹) Thousands except EPS):

Quarterly Performance Snapshot

The table below presents the quarterly financial highlights across three periods (Amount in INR (₹) Thousands except EPS):

The figures for the quarters ended 31 March 2026 and 31 March 2025 represent the balancing figures between audited full-year results and published year-to-date figures up to the end of the nine-month period of the respective financial year.

Balance Sheet Highlights

The company's total assets as at 31 March 2026 stood at ₹1,935,576.78 thousands, up from ₹1,775,316.73 thousands as at 31 March 2025. Total equity increased to ₹1,876,768.72 thousands from ₹1,719,007.26 thousands, supported by other equity of ₹1,828,768.72 thousands. Total liabilities were ₹58,808.06 thousands as at 31 March 2026, compared to ₹56,309.47 thousands in the prior year.

Cash Flow Summary

The company generated net cash from operating activities of ₹109,931.12 thousands for the year ended 31 March 2026, compared to ₹81,684.23 thousands in the previous year. Net cash used in investing activities was ₹(59,220.28) thousands, while net cash used in financing activities was ₹(57,455.24) thousands, which included a final dividend payment of ₹(57,600.00) thousands (INR 12/- per share). Cash and cash equivalents at the end of the year stood at ₹10,657.06 thousands, compared to ₹17,401.46 thousands at the beginning of the year.

Dividend and Annual General Meeting

The Board has recommended a final dividend of Rs. 12/- per equity share (i.e., 120%) on fully paid-up equity shares of Rs. 10/- each for the financial year 2025-26, subject to shareholder approval at the ensuing Annual General Meeting. The AGM is scheduled for Monday, 29 June 2026. The Register of Members and Share Transfer Books will remain closed from 23 June 2026 to 29 June 2026 (both days inclusive), with a record date of Monday, 22 June 2026.

Governance and Corporate Developments

The Board approved several governance-related decisions at the 06 May 2026 meeting:

• New Independent Director: Mr. Prasad Bala Nagendra Venkatavara Vadlapatla recommended for appointment as Non-Executive Independent Director with effect from 30 June 2026, subject to shareholder approval.
• Internal Auditors: M/s. P. Srinivasan & Co., Chartered Accountants, appointed as Internal Auditors for FY 2026-27.
• Tax Auditors: M/s. Brahmayya & Co., Chartered Accountants, appointed as Tax Auditors for FY 2026-27.
• Secretarial Auditors: S. Murali Krishna & Associates, Practicing Company Secretaries (Certificate of Practice No. 28168, Peer Review Certificate No. 7213/2025), appointed as Secretarial Auditors for a term of five consecutive years from FY 2026-27 to FY 2030-31, subject to shareholder approval.
• Registered Office Shift: The registered office will be shifted from Pottipati Plaza, 3rd Floor, No. 77, Nungambakkam High Road, Nungambakkam, Chennai 600034, to Old No-319/New No-4, 3rd Floor, Valluvar Kottam High Road, Nungambakkam, Chennai 600034, with effect from 15 June 2026.
• Resignation of Secretarial Auditor: The Board noted and accepted the resignation of Ms. Parimal Natrajan as Secretarial Auditor, effective 05 May 2026.
• Director Cessation: The Board noted that the second and final consecutive term of Mr. Kola Paul Jayakar as Non-Executive Independent Director shall conclude at the close of business hours on 29 June 2026.

The company operates as a single-segment entity, with its business activity primarily comprising the manufacturing of carbon rods/carbon electrodes used in dry cell batteries. The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) under Section 133 of the Companies Act, 2013.

Panasonic Carbon India Co. Limited disclosed a change in its Board of Directors through a regulatory filing submitted to the BSE on 6 May 2026, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors, at its meeting held on Wednesday, 6 May 2026, noted the impending conclusion of a director's term and approved the appointment of a successor, subject to shareholder ratification.

Director Cessation: Mr. Kola Paul Jayakar

The Board formally noted that the second and final consecutive term of Mr. Kola Paul Jayakar as a Non-Executive Independent Director of the Company will conclude at the close of business hours on 29 June 2026. This cessation marks the completion of his full statutory tenure in the role. The key details of this change are summarised below:

New Appointment: Mr. Prasad Bala Nagendra Venkatavara Vadlapatla

Based on the recommendation of the Nomination and Remuneration Committee, the Board unanimously approved the appointment of Mr. Prasad Bala Nagendra Venkatavara Vadlapatla (DIN: 11277706) as Non-Executive Independent Director, effective 30 June 2026. The appointment is subject to the approval of the members at the ensuing Annual General Meeting. The details of the new appointment are as follows:

Profile of the Incoming Director

Mr. Prasad Bala Nagendra Venkatavara Vadlapatla is a Chartered Accountant with over 28 years of professional experience. His areas of expertise span accounting, taxation, governance and control, and budgeting and forecasting. He has hands-on experience in conducting due diligence for acquisitions, managing post-acquisition mergers, and handling related compliance, tax, and statutory activities.

His professional background includes the following key areas:

• Setting up and leading core teams to transition accounting functions from multiple geographies to Shared Services Centres
• Identification of processes, transaction processing, and development of performance measurement metrics for shared services
• Establishing accounting departments and systems when companies expanded into new geographies
• Representing companies before Income Tax, Service Tax, PF, and ESI authorities
• Implementing SOX compliance and overseeing control and compliance activities

Regulatory Compliance

The disclosures were made in accordance with Regulation 30 of the Listing Regulations, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated 30 January 2026. The filing was signed by Mr. Brajesh Baral, Company Secretary and Compliance Officer of Panasonic Carbon India Co. Limited, on 6 May 2026.