RIR POWER ELECTRONICS LIMITED — Capital/Financing Update 2026

Feb 23, 2026

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Ref. RIR/SEC/13868/2026 23[rd] February, 2026

The Bombay Stock Exchange Limited

Corporate Relationship Department, 1[st] Floor, Rotunda Building, P. J. Towers, Dalal Street, Mumbai-400001 Scrip Code : 517035

Sub.: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Grant of Employee Stock Options under “RIR Power Electronics Limited Employees Stock Ownership Plan – 2025”

Dear Sir,

In continuation to our earlier letter filed on 13[th] February, 2026, we are hereby submitting the revised letter pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“ Listing Regulations ”). The Nomination and Remuneration Committee (“ NRC ”) of the Board of Directors of the Company at its meeting held on Friday, 13[th] February, 2026 have approved, the grant of 7,50,000 (Seven Lakh Fifty Thousand only) Stock Options convertible into 7,50,000 (Seven Lakh Fifty Thousand only) equity shares of the Company to the eligible employee under the “RIR Power Electronics Limited Employees Stock Ownership Plan – 2025’ (“ESOP 2025”/ “Plan”).

The details required pursuant to Regulation 30 of the Listing Regulations read with SEBI circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 (“Master Circular”) is enclosed hereto as Annexure - A.

Kindly take the above information on record.

Thanking You, Yours faithfully,

For RIR POWER ELECTRONICS LIMITED

Bhavin Digitally signed by Bhavin Premji Premji Rambhia Date: 2026.02.23 Rambhia 15:27:00 +05'30' BHAVIN P RAMBHIA COMPANY SECRETARY Encls :a/a

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Annexure A

Disclosure of information pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular dated November 11, 2024:

Sr. No.	Particulars	Details
1.	Brief details of Options granted	7,50,000 (Seven Lakh Fifty Thousand Only) Stock Options (“Options”) have been granted by the Nomination and Remuneration Committee (“NRC”) designated as the Compensation Committee in terms of the RIR Power Electronics Limited Employees Stock Ownership Plan – 2025’ (“ESOP 2025”/ “Plan”)
2.	Whether the Scheme is in compliance with the provisions of Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations,2021	Yes. The scheme is in compliance in terms of Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
3.	Total number of shares covered by these Options	Granted 7,50,000 Stock Options convertible into 7,50,000 Equity Shares of face value of Rs. 2/- (Rupees Two only)each fully paid up.
4.	PricingFormula	The exerciseprice determined is Rs.100/- each.
5.	Options Vested	Subject to the terms and conditions specified in the Scheme, the options would vest in the following manner: 1) 33% of the options granted would vest at 1stAnniversary (i.e.12 months) from date of grant. 2) 2.75% of the Options granted shall vest equally on a monthly basis (i.e. 7,50,000 options x 2.75% = 20,625 options per month), over the next 12 months, commencing from the end of 13th month upto end of 24th month from the date of grant. 3) 2.833% of the Options granted shall vest equally on a monthly basis (i.e. 7,50,000 options x 2.833% = 21,250 options per month), over the next 12 months, commencing from the end of 25th month upto end of 36th month from the date of grant.
6.	Time within which the Options may be exercised	Subject to the terms and conditions as may be determined by the NRC and as set forth under the Plan, the Vested Options can be Exercised by the eligible employee within 4 (four) years from the date of completion of vesting.

7.	Options Exercised	Not Applicable as of now.
8.	Money realized by the exercise of options	Not Applicable as of now.
9.	Total No. of shares arising as a result of exercise of Options	Not Applicable as of now.
10.	Options Lapsed	Not Applicable as of now.
11.	Variation in terms of Options	Not Applicable as of now.
12.	Brief Details of Significant Terms	The ESOP 2025 scheme is administered by the Nomination and Remuneration Committee designated as the Compensation Committee of the Company. The grant of Options is based upon the eligibility criteria as mentioned in the Scheme. The granted options, once vested shall entitle the Option holder to acquire equal number of Equity Shares, upon payment of exercise price and applicable taxes in accordance with terms and conditions of the Scheme.
13.	Subsequent changes or cancellation or exercise of such Options	Not Applicable as of now.
14.	Diluted Earnings per share pursuant to the issue of equity	Not Applicable as of now.

Bhavin Digitally signed by Bhavin Premji Premji Rambhia Date: 2026.02.23 Rambhia 15:27:25 +05'30'