Elecon Engineering Company has re-appointed Mr. Pranav C. Amin as a Non-Executive & Independent Director for a second term of five years effective June 22, 2026. The appointment, based on the recommendation of the Nomination & Remuneration Committee, is subject to the approval of the Members of the Company by way of a Special Resolution. Mr. Amin is not liable to retire by rotation.

The Board of Directors approved the appointment during its meeting held on June 22, 2026. Mr. Amin's first term of five consecutive years expired on May 26, 2026, following which he ceased to be a Director of the Company effective May 27, 2026. The company confirmed that Mr. Amin is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other regulatory authority and is not related to any Director of the Company.

Mr. Pranav C. Amin holds a degree in Economics/Industrial Management from Carnegie Mellon University in Pittsburgh, USA, and a Master in Business Administration with a focus on International Management from The American Graduate School of International Management Thunderbird, USA. He currently serves as the Managing Director of Alembic Pharmaceuticals Limited.

Consequent to the appointment, the Board approved the re-constitution of the Committees of the Board of Directors effective June 22, 2026. Mr. Amin has been inducted into the Audit Committee, Nomination & Remuneration Committee, and Corporate Social Responsibility Committee.

The updated composition of the committees is as follows:

Audit Committee

Nomination & Remuneration Committee

Corporate Social Responsibility Committee

The meeting commenced at 5:10 p.m. and concluded at 5:25 p.m. The disclosures were made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Grupo Radicon SA de CV, a step-down subsidiary of Elecon Engineering Company, has received its Certificate of Incorporation from the Public Registry of Commerce in Mexico. The confirmation was received by the company on June 11, 2026, at 09:55 p.m. IST. This development completes the incorporation process for the entity, which is a wholly owned subsidiary of Elecon Singapore Pte. Ltd., Singapore.

Elecon Singapore Pte. Ltd. is itself a wholly owned subsidiary of Elecon Engineering Company. The initial intimation regarding the incorporation of the Mexican entity was provided to the stock exchanges on March 26, 2026, at which time the company had stated that the formal certificate was awaited.

The disclosure was made to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that there is no change in any other information or disclosures provided in the previous letter dated March 26, 2026.