Elgi Equipments Ltd. — Board/Management Information 2025

May 28, 2025

May 28, 2025

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Na�onal Stock Exchange of India Limited (NSE) BSE Limited (BSE) Exchange Plaza, Phiroze Jeejeebhoy Towers, C-1, Block G Bandra Kurla Complex Dalal Street, Fort, Bandra (E), Mumbai - 400 051 Mumbai - 400 001

NSE Symbol: ELGIEQUIP

BSE Scrip Code: 522074

Dear Madam/ Sir,

Subject: Outcome of the Mee�ng of the Board of Directors pursuant to SEBI (Lis�ng Obliga�ons & Disclosure Requirements) Regula�ons, 2015.

Pursuant to Regula�on 30 read with Schedule III of the SEBI (Lis�ng Obliga�ons and Disclosure Requirements) Regula�ons, 2015 (“Lis�ng Regula�ons”) and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, as amended from �me to �me (“SEBI Master Circular”), and other applicable provisions of the Lis�ng Regula�ons, we hereby wish to inform you that the Board of Directors of the Company, at its mee�ng held today, i.e. May 28, 2025, inter-alia , considered and approved/ recommended the following:

1. Fixa�on of the date for the 65[th] Annual General Mee�ng (“AGM”) of the Company, to be held on August 12, 2025, through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”), in compliance with the applicable regulatory provisions and the circulars issued by the Ministry of Corporate Affairs (“MCA”), and Securi�es and Exchange Board of India (“SEBI”).

2. In accordance with the Dividend Distribu�on Policy of the Company, recommended a final dividend of Rs. 2.20/- per equity share of Re. 1/- each for the financial year ended March 31, 2025, for the approval of members in the forthcoming AGM. Further, in line with Regula�on 42 of Lis�ng Regula�ons, the Record Date has been fixed as Friday, July 18, 2025, for the purpose of determining en�tlement of the Members for payment of Dividend. Further, the said dividend if declared will be paid on or before September 10, 2025 to the eligible shareholders.

3. Appointment of M/s. STR & Associates, Cost Accountants (Firm Registra�on No.000029) as the Cost Auditors of the Company for the financial year 2025-26.

4. On the recommenda�on of the Nomina�on and Remunera�on Commi�ee, re-appointment of Mr. Jairam Varadaraj (DIN: 00003361) as Managing Director for a further term of five years w.e.f. 1[st] April 2026, subject to the approval of members in the forthcoming AGM of the Company.

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Details in accordance with the Lis�ng Regula�ons read with SEBI Master Circular, in respect to the Item no. 3 and 4 are enclosed to this le�er.

Further, the press release with regard to the Audited Standalone and Consolidated Financial Results of the Company is also enclosed with this le�er.

The Board mee�ng was commenced at 02:15 PM and concluded at 04:30 PM.

The above is for your informa�on and record. This informa�on is also being hosted on the website of the Company.

Thanking you, Yours faithfully FOR ELGI EQUIPMENTS LIMITED

DEVIKA Digitally signed by DEVIKA SATHYANARAYA SATHYANARAYANA Date: 2025.05.28 19:16:08 NA +05'30'

DEVIKA SATHYANARAYANA

COMPANY SECRETARY AND COMPLIANCE OFFICER

Encl.: as above

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Details as required in accordance with the SEBI (Lis�ng Obliga�ons and Disclosure Requirements) Regula�ons, 2015 read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11[th] November 2024, as amended:

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----- Start of picture text ----- Sr. Par�culars DetailsNo.Reappointment of Managing Director Appointment of Cost Auditora) Reason for Re-appointment of Mr. Jairam Varadaraj as Appointment of M/s. STR & Associates Costchange viz. Managing Director Accountants (Firm Registra�on No.000029) asappointment, Cost Auditors of the Company for the financialre- year 2025-2026.appointment,resigna�on,removal, deathor otherwiseb) Date of Re-appointed w.e.f. 1 [st] April 2026, for a Appointed on May 28, 2025, for the financialappointment/ further term of five years. year 2025-2026.reappointment/cessa�on (asapplicable) &term ofappointment/re-appointmentc) Brief profile (in Mr. Jairam Varadaraj has been the Managing STR & Associates, an established Firm of Costcase of Director of the Company for more than 33 and Management Accountants, was founded inappointment) years. He has rich and varied experience and 1976 by the late Shri. S.T. Rengarajan. Thehas led the Company with his charisma�c current partners of the firm are Shrileadership and entrepreneurial ability. Dr. Manivannan R. Rajan, M.Tech. (IIT), MBA,Varadaraj has led and guided the FCMA, CFIRM (UK), MIE, FIV and Sustainability;organisa�on’s business interests in tex�les, and Shri T.V. Balakrishnan, B.A. (Hons.), LLB,polymers, mechanical machines and FCMA, ACIS (UK), MIMA, FICA. They areconsumer appliances. Prior to this, he was supported by a team of qualified andengaged in teaching and research in the experienced Cost & Management Accountants.United States. Dr. Varadaraj is the former The firm offers a range of Services in the areasChairman of the Tamil Nadu State Commi�ee of Cost Audit; Compliance Cer�fica�on for Costof the Confedera�on of Indian Industry (CII) Records Maintenance; Opera�onal Auditand past member of the Southern Region (Technical, Commercial, Cost func�ons);Council of CII. He holds a master’s degree in Management Audit; Advanced areas of CostBusiness Administra�on from George Management: Target Cos�ng, Ac�vity BasedWashington University, USA, and a PhD in Cos�ng, Life Cycle Cos�ng, Quality Cos�ng,interna�onal business from the University of Environmental Cos�ng, etc.; and Cost ControlMichigan, USA. He also enjoys the dis�nc�on and Cost Reduc�on Strategies.of holding four patents in the fields ofcompressors, drive belts, consumerappliances and food manufacturing.d) Disclosure of Mr. Jairam Varadaraj related to Mr. Sudarsan Not Applicablerela�onships Varadaraj and Mr. Anvar Jay Varadaraj.betweendirectors (incase ofappointment ofa director----- End of picture text -----

Note: In terms of BSE Circular No. LIST/COMP/14/2018-19 and NSE Circular No. NSE/CML/2018/24 both dated 20[th] June 2018, It is hereby confirmed that Mr. Jairam Varadaraj (DIN: 00003361) is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.

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