Piccadily Agro Industries Limited has confirmed that the proceeds from its preferential issue of Compulsory Convertible Debentures and Convertible Warrants were utilized solely for the objects of the issue as disclosed in the offer document. The certification, covering the quarter ended 31.03.2026, was submitted to the stock exchanges in compliance with Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company raised gross proceeds of ₹50 crore through the preferential allotment to M/s Soon-N-Sure Holdings Limited. M/s Jain & Associates, Chartered Accountants, the statutory auditors of the company, certified that no material deviations occurred in the utilization of these funds. The report confirms that the net proceeds remained at ₹50 crore as issue-related expenses were not recognized.

Utilization and Unutilized Funds

According to the auditor's report, no funds were utilized during the quarter for specific heads such as expansion of business, long-term working capital, or general corporate business. Consequently, the entire amount remains available as unutilized proceeds. These funds are currently invested in fixed deposits with Punjab National Bank and held in a current account balance.

Details of Unutilized Proceeds

The following table details the deployment of the unutilized proceeds as at 31.03.2026:

The market values for the fixed deposits are based on book values as the maturity dates are subsequent to the date of the certificate. The current account balance includes interest earned on the deposits. The company has not yet reported any specific utilization under the General Corporate Purpose (GCP) head in the report.

Piccadily Agro Industries Limited has notified the stock exchanges of its upcoming participation in an institutional investor meeting, in compliance with SEBI's disclosure norms. The intimation, dated May 18, 2026, was filed pursuant to Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investor Interaction at Centrum Broking's Nakshatra III Conference

The company is scheduled to interact with investors at Centrum Broking's Nakshatra III – Shining Stars Amid Global Turbulence, a virtual conference. The key details of the scheduled event are outlined below:

Key Disclosures

Piccadily Agro Industries has noted the following in its exchange filing:

• Discussions during the investor interaction may refer to publicly available documents.
• The schedule is subject to change due to exigencies on the part of investors, analysts, or the company.

The filing was signed by Niraj Kumar Sehgal, Company Secretary & Compliance Officer, on behalf of Piccadily Agro Industries Limited.

Regulatory Context

The intimation has been submitted to both BSE Limited and the National Stock Exchange of India Limited, in accordance with the applicable listing regulations. Such disclosures are a standard requirement under SEBI's framework to ensure transparency in analyst and institutional investor interactions.