MODULEX CONSTRUCTION TECHNOLOGIES LIMITED — Proxy Solicitation & Information Statement 2025

Dec 12, 2025

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12[th] December, 2025 Ref.: MCTL/2025-26/BSE-041

To, The Manager, Department of Corporate Services, BSE Limited, P J Towers, Dalal Street, Fort, Mumbai – 400 001.

Security ID: MODULEX

Scrip Code: 504273

Sub: Corrigendum to the Postal Ballot No�ce

Dear Sir/Madam,

Construc�on Technologies Limited dated 14[th] November, 2025 (hereina�er referred as “No�ce”) Pursuant to Sec�on 108 and 110 of the Companies Act, 2013, read with Rule 20 & 22 of the Companies (Management and Administra�on) Rules, 2014 and the MCA Circulars read with the Securi�es and Exchange Board of India (Lis�ng Obliga�ons and Disclosure Requirements) Regula�ons, 2015, as amended from �me to �me.

This corrigendum is available on the website of the Company at www.modulex.in

For Modulex Construc�on Technologies Limited

Digitally signed BHOOMI by BHOOMI MEWADA MEWADA Date: 2025.12.12 13:02:04 +05'30'

Bhoomi Mewada Company Secretary

Encl : As above

Modulex Construction Technologies Limited t/a Modulex CIN: L25999PN1973PLC182679 Registered Office: A-82, MIDC Industrial Estate, Indapur – 413 132, Maharashtra BSE Security Code: 504273 BSE Security ID: MODULEX

Website - www.modulex.in Email - compliance@modulex.in Contact - Tel: +91 2111 299200

CIN: L25999PN1973PLC182679 Regd. Office: A-82, MIDC Industrial Estate, Indapur, Pune – 413132, Maharashtra Email: compliance@modulex.in ; Website: www.modulex.in; Tel: 02111-299200

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CORRIGENDUM TO POSTAL BALLOT NOTICE WHICH IS SCHEDULED TO HELD ON 17[TH] DECEMBER, 2025

This Corrigendum is being issued in connection to the Postal Ballot Notice dated 14[th] November, 2025 which has been sent to all the shareholders on 17[th] November, 2025. The following alterations/modifications in the Notice are hereby notified through this corrigendum to all the shareholders:

Notice of Postal ballot removes Proposed Allottee.

In accordance with Regulation 159(1) of the SEBI (ICDR) Regulations, 2018, which specifies that a preferential issue of specified securities cannot be made to any person who has sold or transferred any equity shares, it has come to our attention that the proposed allottee, Mr. Prafulchandra Yahwantrai Mehta, is ineligible for the preferential issue.

Therefore, we have decided to remove the name of Mr. Prafulchandra Yahwantrai Mehta. The changes will be reflected throughout the relevant sections of the Notice and related documents.

This change will be effective immediately. The corrections are marked with the symbol ‘^’ at the relevant places below.

The issue and allot upto ^18,68,512 Equity shares of Rs. 10/- (Rupees Ten Only) each at a price of Rs. 25/- (Rupees Twenty-Five Only) per share, aggregating to not exceeding ^Rs. 4,67,12,800/- (Rupees Four Crores Sixty-Seven Lakhs Twelve Thousand Eight Hundred Only) and MCTL will acquire an additional ^15.76% equity stake from the existing shareholders of Give Vinduet Windows and Doors Private Limited (GVWDPL). After completion of the transaction, MCTL’s shareholding in GVWDPL will increase to ^99.51%. Due to the reduction of the portion attributable to Mr. Prafulchandra Yahwantrai Mehta.

The Explanatory Statement of item no. 2 for point no. ‘9.’ in the Notice about the shareholding pattern of the Company before the proposed issue and after the proposed issue of Equity Shares is as follows:

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Sr. Category Pre-issue Post Issue (without Post Issue (with Warrants
No. Warrants consider) Consider)
No. of % of No. of % of No. of shares % of
shares held Shareholding shares held Shareholding held Shareholding
A Promoters Holding
1 Indian
Individuals 18,92,489 2.73 18,92,489 ^2.66 18,92,489 ^1.75
Bodies Corporate 6,11,929 0.88 6,11,929 ^0.86 6,11,929 ^0.57
Sub Total 25,04,418 3.62 25,04,418 ^3.52 25,04,418 ^2.31
2 Foreign Promoters 1,31,45,723 19.00 1,37,13,695 ^19.30 1,37,13,695 ^12.67
Sub Total (A) 1,56,50,141 22.62 1,62,18,113 ^22.82 1,62,18,113 ^14.98
B Non-promoters’ holding
1 Institutional investors
Banks 200 0.00 200 0.00 200 0.00
Central Government / President 1000 0.00 1000 0.00 1000 0.00
of India
2 Non-institution
Resident Individuals holding 78,07,453 11.28 78,07,993 ^10.99 78,07,993 ^7.21
nominal share capital up to Rs. 2
lakhs
Resident Individuals holding 2,64,24,892 38.19 ^2,74,04,892 ^38.56 ^6,07,26,557 ^56.10
nominal share capital in excess
of Rs. 2 lakhs
Non-Resident Indians (NRIs) 16,22,085 2.34 16,22,085 ^2.28 16,22,085 ^1.50
Foreign Nationals 10,40,892 1.50 11,20,892 ^1.58 11,20,892 ^1.04
Bodies Corporate 1,13,91,908 16.46 1,16,31,908 ^16.37 1,16,31,908 ^10.75
Directors and relatives 18,02,425 2.60 1802425 ^2.54 42,61,315 ^3.94
others (including HUF, Firm, 34,60,790 5.00 34,60,790 ^4.87 48,60,790 ^4.49
etc.)
Sub Total (B) 5,35,51,645 77.38 ^5,48,52,185 ^77.18 ^9,20,32,740 ^85.02
Grand Total 6,92,01,786 100.00 ^7,10,70,298 100.00 ^10,82,50,853 100.00
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*Note: The Company has allotted 1,16,89,473 warrants on 18[th] December, 2024 and 2,54,91,082 warrants on 1[st] January, 2025, which have not yet been converted into equity shares as of the date of this notice. However, for the purposes of the above post-issue shareholding with

warrant consideration, it has been assumed that all such warrants are fully converted into equity shares. Consequently, the post-conversion share capital and shareholding percentages have been calculated on a fully diluted basis.

The Explanatory Statement of item no. 2 for point no. ‘20.’ in the Notice about Identity of proposed allottees (including natural persons who are the ultimate beneficial owners of equity shares proposed to be allotted and/ or who ultimately control), the percentage (%) of Post Preferential Issue Capital that may be held by them and Change in Control, if any, consequent to the Preferential issue and the Current and proposed status of the allottee(s) post preferential issues namely, promoter or non-promoter:

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Sr. Name of the Current Name of Pre issue No. of Post issue Post issue
No. proposed Status / the Shareholding Equity Shareholding Shareholding
allottees Proposed natural Shares to (without warrant (with
Status persons be conversion) warrant
Category who are allotted conversion)
the No of % No of % of % of the post
ultimate share share the post Capital
beneficial Capital
owners
1 Redribbon Promoter Suchit 1,31,45,723 19.00% 5,67,972 1,37,13,695 19.30 12.67
Modulex Punnose
Buildings Limited
2 Prashant Non- Ajit 32,52,033 4.70% 2,40,000 34,92,033 4.91 3.23
Developers Promoter Hardas
Private Limited Khodbhaya
3 Ajay Dilkush Non- NA - 0.00% 4,00,000 4,00,000 0.56 0.37
Sarupria Promoter
4 Laxmi Devi Non- NA 0.00% 40,000 40,000 0.06 0.04
Khare Promoter -
5 G. Padmanabhan Non- NA 0.00% 40,000 40,000 0.06 0.04
Promoter -
6 Trivikram Non- NA 0.00% 40,000 40,000 0.06 0.04
Prabhakar Phadke Promoter -
7 Devika Kailash Non- NA 0.00% 40,000 40,000 0.06 0.04
Rajawat Promoter -
8 Vijay Vaijnath Non- NA 0.00% 40,000 40,000 0.06 0.04
Bhatt Promoter -
9 Jasbir Singh Non- NA 0.00% 40,000 40,000 0.06 0.04
Promoter -
10 Sanjay Non- NA 0.00% 40,000 40,000 0.06 0.04
Ramchandra Promoter -
Muley and
Samidha Sanjay
Muley
11 R. Non- NA 1,12,024 0.16% 40,000 1,52,024 0.21 0.14
Parvathavardhini Promoter
12 Samidha Sanjay Non- NA 0.00% 40,000 40,000 0.06 0.04
Muley and Sanjay Promoter -
Ramchandra
Muley
13 Anil Rasiklal Non- NA 0.00% 40,000 40,000 0.06 0.04
Shah Promoter -
14 D. Vathsala and Non- NA 0.00% 40,000 40,000 0.06 0.04
DSL Prasad Promoter -
15 M. Sudandiradevi Non- NA 0.00% 40,000 40,000 0.06 0.04
Promoter -
16 Vigneshwar Mani Non- NA 0.00% 60,000 60,000 0.08 0.06
Promoter -
17 Vijay Gunvantlal Non- NA 0.00% 540 540 0.00 0.00
Shah and Promoter -
Daxaben Vijay
Shah
18 Thennarasu Non- NA 0.00% 40,000 40,000 0.06 0.04
Velayutham Promoter -
19 Bharat Kumar Non- NA 0.00% 40,000 40,000 0.06 0.04
Jain S Promoter -
20 M Suresh Non- NA 0.00% 40,000 40,000 0.06 0.04
Promoter -
1,65,09780 23.86% 18,68,512 1,83,18292 25.90 17.03
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This corrigendum should be read in continuation of and in conjunction with the notice. The Corrigendum to the notice is also being placed on Company’s website www.modulex.in.

All other contents of the notice remain unchanged.

For Modulex Construction Technologies Limited

Digitally signed BHOOMI by BHOOMI MEWADA MEWADA Date: 2025.12.12 12:30:12 +05'30'

Place: Pune Bhoomi Mewada Date: 12[th] December, 2025 Company Secretary