Elgi equipments Limited has announced a revised timeline for its capacity expansion project at Kinathukadavu, Coimbatore, citing delays in obtaining requisite statutory and regulatory approvals. The company communicated this update to stock exchanges on March 31, 2026, in compliance with SEBI disclosure requirements.

Project Timeline Revisions

The capacity expansion project, originally announced on May 27, 2024, aimed to enhance manufacturing facilities for air compressors and delivery of parts. The company has now provided updated timelines for the Phase I expansion components:

Regulatory Approval Challenges

The delays stem from pending statutory and regulatory approvals required for the project implementation. Despite these setbacks, ELGI Equipments has emphasized that the delays have not affected the company's revenue performance. The project focuses on creating necessary infrastructure for expanding manufacturing facilities at the Kinathukadavu location.

Project Scope and Objectives

The capacity expansion initiative encompasses:

• Enhancement of production capacity for air compressors
• Expansion of delivery capabilities for parts
• Development of Global Support Center facilities
• Augmentation of Diesel-Powered Screw Air Compressor manufacturing capacity

Compliance and Transparency

The announcement was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also hosted this information on its official website at www.elgi.com , ensuring comprehensive stakeholder communication. This update follows the company's commitment to maintaining transparency regarding material developments that could impact its operations and growth trajectory.

ELGI Equipments Limited has successfully conducted its scheduled one-on-one virtual meeting with First Sentier Investors Group on March 24, 2026. The company has formally disclosed the outcome of this investor engagement to stock exchanges in compliance with SEBI regulations.

Meeting Completion Details

The virtual meeting was conducted as previously scheduled, with Mr. Ravi Swaminathan representing First Sentier Investors Group during the interaction. The company has confirmed that the meeting was completed in accordance with regulatory guidelines and investor engagement protocols.

Regulatory Compliance and Disclosure

Following the completion of the meeting, ELGI Equipments has submitted the outcome report to both the National Stock Exchange of India Limited and BSE Limited. The disclosure was made pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates companies to report outcomes of investor meetings.

The company has specifically confirmed that no Unpublished Price Sensitive Information (UPSI) was disclosed during the analyst/investor meeting, ensuring full compliance with insider trading regulations and maintaining market integrity.

Corporate Governance Standards

The outcome disclosure was formally signed and submitted by Rohit Gupt, Company Secretary and Compliance Officer (Membership No.: A12422), demonstrating the company's adherence to proper corporate governance standards. The digital signature authentication was completed on March 24, 2026, at 16:18:56 +05'30', ensuring the authenticity and timeliness of the regulatory filing.

This investor engagement reflects ELGI Equipments' commitment to maintaining transparent communication with institutional investors while adhering to all regulatory requirements and disclosure obligations.