Elgi Equipments Ltd. — Capital/Financing Update 2023

Jul 12, 2023

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BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400 001

Through : BSE Listing Centre

Dear Sir/Madam,

Subject: Regulation 30 (Disclosure of events or information) - Additional Details Required for Corporate Announcement filed under Regulation 30 of SEBI (LODR) Regulations, 2015 on July 11, 2023

BSE Scrip Code: 522074

Ref: Your email dated July 12, 2023

This has reference to the afore-mentioned mail. In this regard, we hereby submit a fresh announcement:

We wish to inform you that, the Company has received a Letter of Award from Siemens Limited for supply and maintenance of Air Generation and Treatment Units and Aux Compressors. The order is required to be executed by the Company over a period of 10 years of supplies and 35 years of maintenance from the date of supply. The Letter of Award is however subject to signing of contract.

The disclosures as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, is given in Annexure is enclosed.

Kindly take the above information on your records. This information is also being hosted on the website of the Company at www.elgi.com.

Thanking you,

Yours faithfully,

For Elgi Equipments Limited

PRAKASH Digitally signed by PRAKASH SIVASAM SIVASAMY Date: 2023.07.12 Y 14:52:38 +05'30' S Prakash Company Secretary Encl.: a/a

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Annexure:

Name of the entity awarding the order(s)/ contract(s);	Siemens Limited
Significant terms and conditions of order(s)/ contract(s) awarded in brief	Supply and maintenance of Air Generation and Treatment Units and Aux Compressors. The order is required to be executed by the Company over a period of 10 years of supplies and 35 years of maintenance from the date of supply.
Whether order(s) / contract(s) have been awarded bydomestic/ international entity;	Domestic
Nature of order(s) / contract(s)	Supply and maintenance of Air Generation and Treatment Units and Aux Compressors.
Whether domestic or international;	Domestic
Time period by which the order(s)/contract(s) is to be executed	The order is required to be executed by the Company over a period of 10 years of supplies and 35 years of maintenance from the date of supply.
Broad consideration or size of the order(s)/ contract(s)	1200 sets of Air Screw Compressors with dryer Package and 1200 nos of Auxiliary Compressor. (This is subject to finalisation of contract to be signed)
Whether the promoter/ promoter group / group companies have any interest in the entity that awarded the order(s)/contract(s)?	No
Whether the order(s)/contract(s) would fall within relatedpartytransactions?	No

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