Mega Nirman & Industries has announced a strategic partnership through its subsidiary MegaCharge with the National Highways for Electric Vehicles (NHEV) to deploy EV charging infrastructure across India's ambitious 5,500 km e-highway network. The collaboration will see MegaCharge deploying 660 charging points along critical highway corridors as part of this transformative infrastructure initiative.

Strategic Partnership Details

The partnership marks a significant expansion from MegaCharge's initial plans, now encompassing a comprehensive e-highway network spanning 26 national highways and expressways across 14 states. This collaboration positions MegaCharge as a key player in executing India's largest intercity EV charging infrastructure rollout.

Infrastructure Deployment Strategy

MegaCharge will leverage its expertise in AC and DC fast chargers to deploy and maintain advanced EV charging stations along critical highway corridors. The company's operational capabilities include Dynamic Load Balancing technology and a unified digital platform for discovery, access, and management of charging services.

Ankan Gupta, founder of MegaCharge, stated: "We are proud to partner with NHEV on this transformative initiative. This project aligns perfectly with our vision of building 5,000 scalable and accessible EV charging points across India by 2030."

Current Operations and Expansion

MegaCharge has already deployed over 20 charging points across various locations, including installations at Best Business Park, Pitampura, and services for commercial EV drivers in Kirari and residential users across multiple RWAs in Rohini. The company has expanded to Kanpur, Uttar Pradesh, with deployment at Dilbagh Rose Garden Society.

NHEV Initiative Framework

The National Highways for Electric Vehicles initiative operates under the Annuity Hybrid E-Mobility (AHEM) model, bringing together government entities, public-sector undertakings, and private-sector partners. The program envisions developing 'green fuel stations' as future-ready hubs integrating EV charging with hydrogen and other emerging clean energy solutions.

This partnership enables MegaCharge to contribute meaningfully to India's clean mobility transition by accelerating EV adoption, reducing range anxiety, enabling reliable intercity EV travel, and supporting government-driven sustainability goals while creating future-ready charging infrastructure at scale.

Mega Nirman & Industries Limited has filed its mandatory confirmation certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulation, 2018 for the quarter and financial year ended March 31, 2026. The regulatory filing was submitted to BSE Limited on April 6, 2026, ensuring compliance with securities market regulations.

Regulatory Compliance Details

The confirmation certificate was issued by Beetal Financial & Computer Services Pvt. Ltd., the company's appointed registrar and share transfer agent, on April 3, 2026. This certificate validates the company's adherence to dematerialization processes and securities handling requirements during Q4FY26.

SEBI Regulation 74(5) Compliance

The submitted certificate confirms that securities received from depository participants for dematerialization during the quarter ended March 2026 were properly confirmed to the depositories. The registrar verified that all securities comprised in the certificates have been listed on stock exchanges where the company's earlier issued securities are traded.

Key compliance confirmations include:

• Securities received for dematerialization were accepted or rejected appropriately
• Security certificates were mutilated and cancelled after verification
• Depository names were substituted in the register of members within the mandated 15-day period
• All processes followed SEBI guidelines and circulars

Corporate Information

Mega Nirman & Industries Limited operates as an ISO 9001:2015 certified company with its registered office located at Aggarwal Cyber Plaza-1, Netaji Subhash Place, Pitampura, Delhi. The company secretary and compliance officer, Kanika Chawla, signed the regulatory submission, ensuring proper corporate governance protocols.

Market and Regulatory Context

This filing represents routine regulatory compliance under SEBI's framework for depositories and participants. The regulation ensures transparency and proper handling of securities in dematerialized form, protecting investor interests and maintaining market integrity. The timely submission demonstrates the company's commitment to regulatory compliance and corporate governance standards.