Garuda Construction and Engineering Limited — Capital/Financing Update 2025

Nov 3, 2025

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Date: November 3, 2025

BSE Limited National Stock Exchange of India Limited Dept of Corporate Services, The Listing Department, Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 544271 Symbol: GARUDA

Sub: Prior intimation of the Meeting of the Board of Directors of the Company pursuant to Regulation 29(1)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/Madam,

With reference to above cited subject matter and pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosures Requirements) Regulation 2015, we would like to inform to you that a Meeting of the Board of Directors, of the Company is scheduled to be held on November 7, 2025, to conduct and approve the following business:

1. To consider the increase in Authorized Share Capital of the Company and consequential amendment to the capital clause of Memorandum of Association of Company;

2. To consider raising of funds, in one or more tranches, by issue of equity shares and/or any other instruments or eligible securities representing either equity shares and/or convertible securities linked to equity shares or through any other permissible mode or a combination thereof, by way of further public issue, right issues, ADRs/ GDRs/ FCCBs, debt issue, preferential allotment, private placement, qualified institutions placement (“QIP”), or any other method as may be permitted under the applicable laws;

3. Notice of Extraordinary General Meeting for seeking approval of Equity Shareholders in respect of increase of authorized share capital and raising of funds.

We will update you about the outcome of the Meeting immediately at the conclusion of the Board Meeting.

Request you to kindly take the same on record.

Thanking You,

Yours faithfully,

For Garuda Construction and Engineering Limited PRAVIN KUMAR Digitally signed by PRAVIN KUMAR BRIJENDRA BRIJENDRA KUMAR AGARWAL KUMAR AGARWAL

Pravin Kumar Brijendra Kumar Agarwal Managing Director and Chairman DIN: 00845482