N.R.Agarwal Industries Ltd. — Capital/Financing Update 2026

Feb 20, 2026

N R AGARWAL INDUSTRIES LTD

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February 20, 2026

To, To, The General Manager, Asst. Vice President, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G, Dalal Street Bandra Kurla Complex, Bandra (E) Mumbai - 400 001 Mumbai - 400 051

BSE Scrip Code: 516082 NSE Symbol: NRAIL

Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure “ ” – Requirements) Regulations, 2015 ( SEBI Listing Regulations ) Approval for Water Assurance and Effluent Disposal for Unit VI

Dear Sir/Ma’am,

This is in continuation of our earlier intimation dated December 20, 2025 regarding the setting up of the new Multilayer Board Plant (Unit VI) at Dahej, Gujarat.

Pursuant to Regulation 30 read with Schedule III and other applicable provisions of the SEBI Listing Regulations, we are pleased to inform you that the Company has received approvals from Gujarat Industrial Development Corporation (GIDC) for:

• Effluent disposal of 2,000 KLPD (2.0 MLD) through the GIDC pipeline; and

• Water assurance aggregating 4,000 KLPD (4.0 MLD) comprising 2,600 KLPD Narmada Water and 1,400 KLPD Desalination Water.

Pursuant to the above approvals, the Company is required to pay approximately ₹4.92 crore as advance towards capital contribution and related charges as per prevailing GIDC policy.

These approvals represent a key milestone in the infrastructure readiness of Unit VI and ensure availability of essential utilities for the project. There is no adverse impact on the Company’s existing operations.

Further updates shall be disclosed as and when material.

Kindly take the above information on record.

Thanking you

Yours faithfully,

For N R Agarwal Industries Limited

Digitally signed by POOJA HITESH DAFTARY POOJA HITESH DN: cn=POOJA HITESH DAFTARY, c=IN, l=Thane, st=Maharashtra, o=Personal, title=1290, email=pooja.daftary@nrail.com, DAFTARY serialNumber=9535de22d1986cafa15e1c0dd53b 0b855c7ad10cedd09cdd7c380a8657ce1c49 Date: 2026.02.20 14:03:35 +05'30'

Pooja Daftary

Company Secretary & Compliance Officer

email: admin@nrail.com, website: www.nrail.com CIN: L22210MH1993PLC133365 REGD. OFF. : 502-A/501-B, FORTUNE TERRACES, 5TH FLOOR, OPP. CITI MALL, NEW LINK ROAD, ANDHERI (W), MUMBAI – 400 053. TEL: +91 22 67317500, FAX: +91 22 26730227