Revised outcome as per BSE QUERY dated 09.05.2026

Piccadily Sugar & Allied Industries Ltd's Board of Directors met on May 8, 2026 and approved two key leadership changes. The Board appointed Ms. Renu Rawat (DIN: 08161739) as an Additional Independent Director for a 5-year term, effective immediately, subject to shareholder approval. She is not related to any Director, KMP, or Promoters of the Company and meets independence criteria. Simultaneously, Ms. Ramneek Kaur (DIN: 10083512) resigned as Independent Director effective the same date, citing pre-occupations and personal commitments with no other material reasons. The Board also approved a Postal Ballot for appointing M/s. Rattan Kaur and Associates as new Statutory Auditors (filling a casual vacancy) and for confirming Ms. Renu Rawat's appointment. Ms. Renu Rawat has been added to the Audit Committee and Nomination and Remuneration Committee.