Proventus Agrocom Limited's Board of Directors approved amendments to its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI) at their Board meeting held on May 15, 2026. The amendment was made on the recommendation of the Audit Committee and was intimated to the National Stock Exchange of India Limited in compliance with Regulation 8(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The amended Code has also been hosted on the company's official website.

Code Version History

The amended Code represents the third version since its initial adoption. The following table outlines the revision history of the document:

The Code came into force from March 21, 2023, and each subsequent version has been updated to reflect regulatory changes issued by SEBI.

Scope of Unpublished Price Sensitive Information

The amended Code provides a comprehensive definition of Unpublished Price Sensitive Information (UPSI), covering information relating to the company or its securities that is not generally available and, upon becoming available, is likely to materially affect the price of the company's securities. The Code specifies that UPSI ordinarily includes, but is not restricted to, the following categories:

• Financial results
• Dividends
• Change in capital structure
• Mergers, de-mergers, acquisitions, delisting, disposals, expansion of business, and award or termination of orders/contracts not in the normal course of business
• Changes in key managerial personnel (other than due to superannuation or end of term), and resignation of a Statutory Auditor or Secretarial Auditor
• Change in rating(s), other than ESG rating(s)
• Fund raising proposed to be undertaken
• Agreements that may impact the management or control of the company
• Fraud or defaults by the company, its promoter, director, key managerial personnel, or subsidiary, or arrest of key managerial personnel, promoter or director
• Resolution plan/restructuring or one-time settlement in relation to loans/borrowings from banks/financial institutions
• Admission of winding-up petition or insolvency resolution proceedings under the Insolvency and Bankruptcy Code, 2016
• Initiation of forensic audit and receipt of final forensic audit report
• Actions or orders passed by any regulatory, statutory, enforcement authority or judicial body against the company or its directors, key managerial personnel, promoter or subsidiary
• Outcome of any litigation(s) or dispute(s) which may have an impact on the company
• Giving of guarantees or indemnity or becoming a surety for any third party, not in the normal course of business
• Granting, withdrawal, surrender, cancellation or suspension of key licenses or regulatory approvals

Principles of Fair Disclosure and Oversight

The Code outlines key principles that the company shall follow to ensure fair and equitable disclosure of UPSI. These include prompt public disclosure of UPSI as soon as credible and concrete information comes into being, uniform and universal dissemination to avoid selective disclosure, and appropriate responses to queries on news reports and market rumours from regulatory authorities.

The Code mandates the designation of a senior officer as the Chief Investor Relations Officer (CIRO) to oversee the dissemination and disclosure of UPSI. The CIRO is responsible for ensuring timely, adequate, and universal disclosure to stock exchanges, analysts, shareholders, and media, as well as educating employees on disclosure policies and procedures. In cases of accidental disclosure of UPSI without prior approval, the responsible person is required to immediately inform the CIRO, who will then promptly disseminate the information to make it generally available.

Disclosure to Analysts and Institutional Investors

The Code specifies that only public information may be shared with analysts, research personnel, and institutional investors. No person, except those authorized by the CIRO, is permitted to disclose information relating to the company's securities to such parties. To prevent misquoting or misrepresentation, the Code recommends that at least two company representatives be present at meetings with analysts or institutional investors, and that discussions be preferably recorded. Transcripts or records of proceedings from analyst meets and investor relations conferences are to be posted on the company's official website.

Medium of Disclosure

The Code requires the company to ensure prompt disclosure to the stock exchanges where its securities are listed. Dissemination of information may be carried out through various media to achieve maximum reach, including the company's official website. The company is also required to promptly intimate any future amendments to this Code to the relevant stock exchanges, as mandated under the Insider Trading Regulations. The intimation for the current amendment was signed by Durga Prasad Jhawar, Managing Director and CEO of Proventus Agrocom Limited.

Proventus Agrocom Limited has announced the commencement of Bihar's Pride Makhana Processing Unit through its associated entity, ProV Foods Private Limited. The facility, situated at Billori, Purnia in Bihar, was inaugurated on May 12, 2026, in the presence of MLA Shri Vijay Kumar Khemka and Ex-MLA Forbesganj Vidya Sagar Keshri. The announcement was made via a press release filed under Regulation 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Facility Overview

The newly commissioned unit represents a significant step in scaling up makhana processing infrastructure in Bihar. Key details of the facility are outlined below:

The state-of-the-art unit is designed to enhance processing, storage, and supply chain capabilities within Bihar's makhana ecosystem. According to the press release, the facility is also expected to create hundreds of employment opportunities for local communities in the region.

Strategic Significance for ProV Foods

The commencement of this unit is positioned as a growth driver for Brand ProV, with the company aiming to expand its healthy snacking portfolio. The facility is intended to strengthen ProV Foods' presence in both the makhana and flavoured makhana categories across India. The company stated that the initiative represents empowerment for farmers and support for rural livelihoods, in addition to its commercial objectives.

ProV Foods expressed its belief that Bihar holds the potential to become a global hub for premium makhana and healthy snacking, citing the region's agricultural heritage as a foundational strength.

Corporate Disclosure

The press release was submitted by Durga Prasad Jhawar, Managing Director and CEO of Proventus Agrocom Limited, and is hosted on the company's official website in compliance with applicable SEBI listing regulations. The disclosure was digitally signed on May 12, 2026.

Key highlights of the development include:

• Commencement of a 2,500 tonne annual capacity makhana processing unit
• Location at Billori, Purnia, Bihar
• Expected creation of hundreds of local employment opportunities
• Expansion of ProV Foods' makhana and flavoured makhana product portfolio
• Strengthening of Bihar's makhana supply chain and storage infrastructure