JUPITER WAGONS LIMITED — Capital/Financing Update 2024

Jan 5, 2024

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January 5, 2024

To, The Corporate Relationship Department, The Manager, Listing Department, BSE Limited , National Stock Exchange of India Limited , Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Bandra (E), Mumbai - 400 001. Mumbai - 400 051. Security Code: 533272 NSE Symbol : JWL

• Sub: Press / Media Release: Jupiter Wagons Limited embarks on Significant Contribution to Atmanirbhar Bharat through advanced technologies Tallest Double Decker Automobile Carrier Wagons worth around INR 100 crores.

Ref: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time (“Listing Regulations”).

Dear Madam/Sir,

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Require5ents) Regulations, 2015, please find enclosed a copy of the Press Release, to be issued by the Company.

This is for your information and record.

Yours Faithfully,

For Jupiter Wagons Limited

(Formerly Commercial Engineers & Body Builders Co Limited)

Digitally signed by RITESH RITESH KUMAR SINGH KUMAR SINGH Date: 2024.01.05 18:19:47 +05'30'

Ritesh Kumar Singh

Company Secretary and Compliance Officer

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Jupiter Wagons Limited embarks on Significant Contribution to Atmanirbhar Bharat through advanced technologies Tallest Double Decker Automobile Carrier Wagons worth around INR 100 crores

National, 5[th] January 2024 — Jupiter Wagons, a provider of comprehensive mobility solutions encompassing rail, road and marine transportation is proud to announce the receipt of a significant contract from one of the leading automobile manufacturers for the manufacturing and supply of 4 rakes of Double Decker Automobile Carrier Wagons worth around INR 100 crores .

These tallest Double Decker Automobile Carrier Wagons will be able to carry SUV editions on both bottom and top deck and come with a numbers of advanced technologies like articulated bogies and reduced idling time on account of sick wagon substitution. Such wagons are being introduced to the Indian Railways for the first time considering the maximum moving dimensions which not only suits the Dedicated Freight Corridor (DFC) but also will comply with a large section of the available national railway network.

Mr. Vivek Lohia, Managing Director, Jupiter Wagons , expressed his enthusiasm about the significant milestone, stating, "We are honored to be entrusted with this advanced technologies Tallest Double Decker Automobile Carrier Wagons from one of the automobile leaders . This achievement not only highlights our manufacturing prowess but also reinforces our commitment to contributing to the nation's railway infrastructure development. We are ready to leverage our expertise and resources to deliver these wagons, ensuring they meet the highest standards of quality and performance.”

About Jupiter Wagons Ltd. (JWL)

Jupiter Wagons Limited (JWL) is a provider of comprehensive mobility solutions, with diverse offerings across Freight Wagons, Locomotives, Passenger Coaches (LHB), Braking Systems, Metro Coach, Commercial Vehicles, ISO Marine Containers, and products such as Couplers, Draft Gears, Bogies and CMS Crossings. JWL has manufacturing facilities located in Kolkata, Jamshedpur, Indore and Jabalpur with full backward integration to its foundry operations. The Group has established partnerships with leading global companies such as Tatravagonka (Slovakia), DAKO-CZ (Czech Republic), Kovis Proizvodna (Slovenia), Telleres Alegria S.A (Spain). With a rich legacy over four decades, the Company has leveraged its deep technological capabilities and robust financial position to emerge as a one-stop shop for mobility solutions and reinforce its position as one of the fastest growing within the industry. Catering to industries such as Railways (Freight + Passenger), Metro Rail, Automobile, Transportation, Logistics, Construction Equipment, Municipalities, Healthcare, Energy, Mining and Infrastructure, the Company boasts a marquee client base including the Indian Railways, American Railroads, Indian Ministry of Defense, Tata Motors, GE, Volvo Eicher Motors, Bharat Benz, and Avia Motors. For more details, please visit www.jupiterwagons.com

CIN: L28100MP1979PLC049375

Registered office: 48, Vandana Vihar, Narmada Road, Gorakhpur, Jabalpur (M.P.) – 482001. Website – www.jupiterwagons.com

For more informaton on the Company, please log on to www.jupiterwagons.com or contact:

Ms. Kiwishka Kaur Kalsi

Concept PR

Tel: +91 7506861969 Email: kiwishka@conceptpr.com

Mr. Parikshit Sharma

Concept PR Tel: +91 8898939833 Email: parikshit.s@conceptpr.com

Safe Harbor

Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like regulatory changes, local political or economic developments, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements. Jupiter Wagons Limited will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

CIN: L28100MP1979PLC049375 Registered office: 48, Vandana Vihar, Narmada Road, Gorakhpur, Jabalpur (M.P.) – 482001. Website – www.jupiterwagons.com