Kernex Microsystems (India) Ltd. — Capital/Financing Update 2026

Mar 7, 2026

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7[th] March 2026

To To The Listing / Compliance Department The Listing / Compliance Department BSE Limited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers Plot No.C/1, G Block, Exchange Plaza Dalal Street Bandra – KurlaComplex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 BSE Scrip Code: 532686 NSE Symbol: KERNEX

Sub: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015;

With reference to the subject cited above the Company has entered a Joint Venture agreement with Bharat Heavy Engineering Private Limited

Details as per SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 read with SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024 are appended herewith.

Kindly take the above information on record and acknowledge.

Thanking you,

Yours faithfully,

For Kernex Microsystems (India) Limited

PRASADA Digitally signed by PRASADA RAO KALLURI RAO KALLURI Date: 2026.03.07 20:05:25 +05'30' Prasada Rao K Company Secretary

Annexure – 1

Details as per SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 read with SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024 are appended herewith.

Name(s) of parties with whom the agreement isentered;	BharatHeavyEngineeringPrivateLimited
Purpose of entering into the agreement;	For developing Moving Block Systemintegrated with ATS and ATO on theKavachplatform and CTC.
Shareholding, if any, in the entity with whom theagreement is executed;	51%KenrexMicrosystems(India)Limitedand49%BharatHeavyEngineeringPrivateLimitedintheProposed Joint Venture. The sharingratio will be changed as per the scope oftheprojects
Significant terms of the agreement (in brief)special rights like right to appoint directors, firstright to share subscription in case of issuance ofshares, right to restrict any change in capitalstructure etc.;	No
Extent and the nature of impact on managementor control of the listed entity	No
Details and quantification of the restriction orliabilityimposed upon the listed entity;	Not Applicable
Whether,thesaidpartiesarerelatedtopromoter/promoter group/ group companies inanymanner. Ifyes, nature of relationship;	No
Whether the transaction would fall within relatedparty transactions? If yes, whether the same isdone at “arms length”;	No
in case of issuance of shares to the parties,details of issue price, class of shares issued;	Kenrex Microsystems (India) Limited isnot issuing any shares to the BharatHeavyEngineeringPrivate Limited
any other disclosures related to such agreements,viz., details of nominee on the board of directorsof the listed entity, potential conflict of interestarisingout of such agreements, etc;	BharatHeavyEngineeringPrivateLimited was not insisted about theappointment of Nominee Director.
incaseofterminationoramendmentofagreement, listed entity shall disclose additionaldetails to the stock exchange(s):a) name of parties to the agreement;b) nature of the agreement;c) date of execution of the agreement;d) details and reasons for amendment oralteration and impact thereof (including impact onmanagement or control and on the restriction orliability quantified earlier);e)reasons for rescission and impact thereof(including impact on management or control andon the restriction or liability quantified earlier).	Not Applicable