K&R RAIL ENGINEERING LIMITED

(CIN: L45200TG1983PLC082576) Registered Office: 3rd floor, Sai Krishna, Plot No. 797 A, Road No. 36, Jubilee Hills, Hyderabad 500033 Email: [email protected] Phone: +91 4027017617, +91 40 27000499 Fax: +91 40 270001295

To, The Manager BSE Limited P. J. Towers, Dalal Street Mumbai-400001

Date: 12.10.2023

Dear Sir/Madam,

Unit: K&R Rail Engineering Limited (BSE Scrip Code: 514360)

Sub: Outcome of Board meeting under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,

Ref: The Company’s Advance Intimation of Board Meeting Vide Letter dated 06.10.2023

With reference to the subject cited, this is to inform the Exchange that the Board of Directors of K&R Rail Engineering Limited, at their Meeting held on Thursday, the 12th Day of October, 2023, at the Registered office of the company situated at 3rd floor, Sai Krishna, Plot No. 797 A, Road No. 36, Jubilee Hills, Hyderabad, Telangana- 500033, duly considered and approved the as follows.

That 10,67,584 Optionally Convertible Redeemable Preference Shares (“OCRPS”) of face value of Rs.10/-each, be redeemed at a price of Rs. 796.19/- each, in one or more tranches, the redemption be made out of the Profits of the Company and sum equal to the Nominal amount of shares to be Redeemed be transferred to the capital redemption reserve account.

The meeting of the Board of Directors which commenced at 04.00 P.M (IST) concluded at 6.00 P.M (IST).

This is for the information and records of the Exchange, please.

Thanking you.

Yours faithfully,

For K&R Rail Engineering Limited

Digitally signed by Chandrakant DN: cn=Chandrakant, o=Sign X Chandr sub -CA for Class 3 Individual 2022, ou=Sign X sub -CA for Class 3 Individual 2022, [email protected] akant m, c=IN Date: 2023.10.12 18:04:43 +05'30'

Chandrakant

Company Secretary cum Compliance Officer