Expo Engineering & Projects Ltd. (formerly known as Expo Gas Containers Ltd.) has intimated the Bombay Stock Exchange of its proposal to re-appoint Mr. Venkateswaran Manickam Chittoor (DIN 02532306) as a Non-Executive Independent Director of the Company for a second term of 5 consecutive years, commencing from September 10, 2026. The proposal, based on the recommendation of the Nomination and Remuneration Committee, was considered by the Board and remains subject to approval of shareholders at the ensuing Annual General Meeting. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the SEBI Master Circular dated January 30, 2026.

Re-appointment Details

The key details of the proposed re-appointment are summarised below:

Profile of Mr. Venkateswaran Manickam Chittoor

Mr. Venkateswaran Manickam Chittoor, widely known as Venkat, is a seasoned professional with a career spanning over 37 years. He began his professional journey at Rashtriya Chemicals & Fertilizers (RCF), where he laid the foundation for his subsequent career. He later rose to prominence as CEO and Vice President of Aker Power Gas Subsea Pvt. Ltd., demonstrating significant leadership capabilities.

As a Chartered Mechanical Engineer, Mr. Chittoor has accumulated extensive experience across several domains:

• Quality Management
• Construction
• Project Execution
• Supply Chain Management

His expertise in multi-disciplinary interfaces enabled him to manage complex projects effectively. He subsequently assumed the role of Global Supply Chain Manager at Aker Solutions, reflecting his global professional standing.

Regulatory Disclosure

The intimation was submitted to the Department of Corporate Services, Bombay Stock Exchange, P.J. Towers, Dalal Street, Mumbai, on August 11, 2026. The filing was signed by Hasanain S. Mewawala, Managing Director (DIN: 00125472), on behalf of Expo Engineering and Projects Limited. The requisite disclosures as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, were enclosed as Annexure A along with the intimation.

Expo Engineering and Projects Ltd has approved the draft scheme to merge Expo Project Engineering Services Private Limited with itself. The board approved the Scheme of Merger by Absorption under Sections 230 to 232 of the Companies Act, 2013, at a meeting held on June 30, 2026. The strategic consolidation aims to enhance operational efficiency and achieve economies of scale for the combined entity.

The merger is subject to approvals from BSE Limited, Securities and Exchange Board of India (SEBI), and the National Company Law Tribunal (NCLT). The share exchange ratio has been fixed at 22:1, where Expo Engineering and Projects Limited will issue 22 equity shares of ₹4 each fully paid-up for every 1 equity share of ₹10 each held in Expo Project Engineering Services Private Limited. The transaction is a related party transaction conducted at arm's length, based on an independent valuation report from Mr. Suman Kumar Verma and a fairness opinion from Mark Corporate Advisors Private Limited.

Financial and Operational Rationale

The merger is driven by the rationale to consolidate business activities under common control. Both entities operate in the engineering and industrial services sector, providing services such as fabrication, erection, and installation of process equipment for industries including chemicals, petrochemicals, and oil refineries. The combined entity expects to benefit from synergies, reduced overheads, and a stronger capital base.

Financial Snapshot of Entities

Shareholding Pattern Impact

Post-merger, the shareholding pattern of Expo Engineering and Projects Limited will change. Promoters' holding will increase to 60.74% from 56.95%, while public holding will decrease to 39.26% from 43.05%. The transferor company will be dissolved without winding up upon the scheme's effectiveness. The trading window for the company's securities, which was closed from June 24, 2026, will reopen 48 hours after this public announcement.