Pitti Engineering has accepted the resignation of Vinod Kumar Nagururu as Non-Executive Independent Director. The change takes effect on August 26, 2026.

Nagururu cited health reasons for stepping down from the Board. The company confirmed there are no other material reasons for his departure.

Regulatory Compliance

The Board disclosed the resignation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was made in compliance with Schedule III of the SEBI (LODR) Regulations and SEBI Circular No. HO/CFD/CFD-PoD-2/CIR/P/2026/14 dated January 30, 2026.

The resignation letter submitted by Nagururu confirms that no undisclosed material factors influenced his decision. Pitti Engineering has also enclosed the requisite disclosures as mandated by regulatory authorities.

Board Acknowledgement

The Board placed on record its appreciation for Nagururu’s guidance and contributions during his tenure. He expressed gratitude to the management for their support and cooperation while serving on the Board.

Pitti Engineering Limited will proceed with filing the necessary forms with the Ministry of Corporate Affairs and stock exchanges to give effect to the resignation.

Pitti Engineering has scheduled its 42nd Annual General Meeting (AGM) for Friday, September 18, 2026, at 4:00 pm. The company will seek shareholder approval for a final dividend of ₹2.50 per share and the reappointment of Managing Director Akshay S Pitti.

The meeting will be conducted via Video Conferencing or Other Audio-Visual Means (OAVM). The record date for dividend eligibility and voting rights is Friday, September 11, 2026.

Key Dates and Agenda

Shareholders holding shares as of the record date are eligible for e-voting and the dividend if approved. The remote e-voting window opens on September 15, 2026, and closes on September 17, 2026.

Ordinary and Special Business

Ordinary business includes adopting standalone and consolidated audited financial statements for the year ended March 31, 2026, and declaring the final dividend of ₹2.50 (50% on face value) per equity share of ₹5 each. The Board seeks approval for the reappointment of Akshay S Pitti, who retires by rotation but is eligible and offering himself for re-election.

Special business resolutions include ratifying the remuneration of M/s S S Zanwar & Associates as Cost Auditors for FY27 at ₹5,00,000 plus taxes. Shareholders will also vote on maintaining statutory registers at the office of the Registrar and Transfer Agent, MUFG Intime India Private Limited, in Mumbai, rather than at the registered office in Hyderabad.

E-Voting and Annual Report Access

E-voting is facilitated through MUFG Intime India Private Limited. Shareholders can cast votes electronically via NSDL, CDSL, or the InstaVote platform. Those attending the AGM via VC/OAVM who have not voted remotely may vote during the meeting. Physical attendance is not permitted, and proxy appointments are not available for this virtual meeting.

The Company Secretary, Mary Monica Braganza, confirmed that the Annual Report and AGM notice are available electronically on the company website and stock exchange portals. Members seeking to speak during the AGM must register via email between September 12 and September 15, 2026.

In compliance with Regulation 36(1)(b) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has dispatched web-link letters to members whose email addresses are not registered with the company, RTA, or Depository Participants. These letters provide the exact navigation path to access the Annual Report for FY26.