Submission of Annual Report FY 2025-26

September 2, 2026 To To Sr. General Manager Sr. General Manager Department of Corporate Services Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street Bandra Kurla Complex Mumbai - 400001 Bandra (E), Mumbai - 400 051 Scrip Code: 544317 Scrip Symbol: TRANSRAILL Sub.: Submission of 19th Annual Report along with the Notice for Financial Year ended March 31, 2026 Dear Sir/Madam, This is further to our letter dated August 24, 2026, wherein we had informed that the 19th Annual General Meeting (“AGM”) of the Company will be held on Monday, September 28, 2026, at 3.30 p.m. (IST) through Video Conferencing / Other Audio Visual Means in accordance with the relevant Circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India (SEBI). Pursuant to Regulation 30 and 34 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we are enclosing herewith Annual Report of the Company for financial year ended March 31, 2026 along with Notice of the 19th Annual General Meeting of the Company which is being sent to the Members, who have registered their e-mail addresses with the Registrar and Share Transfer Agent of the Company or Depository Participant(s) as on August 28, 2026. Further, in accordance with Regulation 36(1)(b) of the Listing Regulations, a letter is being sent to Members whose e-mail addresses are not registered with Company/ Registrar and Share Transfer Agent / Depository Participants as on as on August 28, 2026, providing the weblink from where the Annual Report can be accessed on the Company’s website. The Annual Report of the Company for the Financial Year ended March 31, 2026, along with Notice convening the 19th AGM of the Company are available on the website of the Company at www.transrail.in. For Transrail Lighting Ltd. Monica Gandhi Company secretary & Compliance Officer Encl: As above TRANSRAIL LIGHTING LIMITED Corporate & Registered Office: 501 A, B, C, E, Fortune 2000, Block-G, Bandra Kurla Complex, Bandra East, Mumbai - 400051, Maharashtra, India Tel: +91 22 61979600 | Web: www.transrail.in | CIN: L31506MH2008PLC179012 Annual Report 2025-26 S T R E N G T H E N I N G S C A L E E X P A N D I N G H O R I Z O N S C R E A T I N G V A L U E TRANSMISSION SUBSTATION CIVIL RAILWAYS POLES & SOLAR EPC LINES CONSTRUCTION LIGHTING WHAT'S STATS THAT DEFINE OUR POTENTIAL INSIDE SCALE IN EVERY MEASURE 4+ 63 01-47 01 Stats that define our potential 28 Board of Directors 02 Introduction to the Theme 32 Strengths CORPORATE Decades of expertise Countries footprint 04 Highlights of 2025-26 34 Financial Performance OVERVIEW 06 About Transrail Lighting 36 ESG Commitments 08 Journey 38 Human Resource Management 1.50 36,900+ 10 Footprint 40 Corporate Social Responsibility Mn MT CKM 12 Business Verticals 44 Awards and Accolades Towers supplied Transmission lines constructed 20 Manufacturing Units 46 Life at Transrail 24 From the Desk of Executive 47 Corporate Information Chairman 226,000+ 19,500+ Conductors supplied Man-months of design & 48-173 48 Management Discussion and 125 Business Responsibility engineering experience Analysis and Sustainability Report STATUTORY 64 Directors’ Report REPORTS 94 Corporate Governance Report 5,58,939 2,700+ Number of Poles Supplied Employees 174-351 174 Standalone Financial Statements FINANCIAL 266 Consolidated Financial Statements `16,361 5 STATEMENTS Unexecuted order book & L1 Integrated manufacturing facilities The digital report can be accessed at: www.transrail.in 02 Transrail Lighting Limited Annual Report 2025-26 Corporate Overview Statutory Reports Financial Statements 03 S T R E N G T H E N I N G S C A L E The opportunity before us is significant. India’s transmission network is entering a long investment cycle, driven by renewable energy evacuation, rising E X P A N D I N G H O R I Z O N S electricity demand, industrial corridors, data centres, EVs and green hydrogen. Simultaneously International markets are witnessing accelerated investments in grid expansion, electrification, cross-border connectivity and energy C R E A T I N G V A L U E resilience. These shifts demand EPC partners with proven execution strength, manufacturing depth, financial discipline and the ability to operate across diverse geographies. With footprint in more than 60 countries across five continents, a diversified business portfolio, expanding manufacturing capacities and a healthy INFRASTRUCTURE CREATES LASTING VALUE WHEN IT IS BUILT WITH VISION, project pipeline, Transrail is well placed to support this future growth. ENGINEERING EXCELLENCE AND AN UNWAVERING COMMITMENT TO EXECUTION. FOR OVER FOUR DECADES, TRANSRAIL HAS CONTRIBUTED TO THIS BY BUILDING For us, FY 2025-26 marked another defining year in our growth journey. We delivered our highest-ever revenue ` 6,880 crore, recording 30% Y-o-Y CRITICAL INFRASTRUCTURE THROUGH ENGINEERING, MANUFACTURING AND PROJECT growth, strengthened our order book, enhanced our manufacturing base and EXECUTION CAPABILITIES THAT SUPPORT CRITICAL POWER AND INFRASTRUCTURE continued to expand into new geographies globally. NETWORKS. WHAT BEGAN AS A FOCUSSED POWER TRANSMISSION & DISTRIBUTION BUSINESS HAS EVOLVED INTO DIVERSIFIED EPC AND TURNKEY ORGANISATION AS WE MOVE AHEAD, OUR PRIORITY IS CLEAR. WE WILL CONTINUE WITH STRONG CAPABILITIES ACROSS TRANSMISSION LINES, SUBSTATIONS, CIVIL STRENGTHENING SCALE BY EXPANDING OUR MANUFACTURING CAPACITY, CONSTRUCTION, RAILWAYS, POLES AND LIGHTING, AND SOLAR EPC. SUPPORTED BY ENGINEERING CAPABILITIES AND EXECUTION EXCELLENCE; EXPANDING HORIZONS INTEGRATED MANUFACTURING FACILITIES, ROBUST ENGINEERING EXPERTISE AND BY DEEPENING OUR PRESENCE ACROSS GEOGRAPHIES AND DELIVERING TRUST DISCIPLINED PROJECT EXECUTION, WE CONTINUE TO STRENGTHEN OUR POSITION AS BY CONSISTENTLY CREATING VALUE THROUGH QUALITY AND RELIABILITY. A TRUSTED INFRASTRUCTURE PARTNER IN INDIA AND ACROSS GLOBAL MARKETS. THIS IS HOW WE INTEND TO CREATE ENDURING VALUE FOR OUR CUSTOMERS, SHAREHOLDERS, EMPLOYEES AND COMMUNITIES. 04 Transrail Lighting Limited Annual Report 2025-26 Corporate Overview Statutory Reports Financial Statements 05 HIGHLIGHTS OF 2025-26 A YEAR OF MEANINGFUL PROGRESS FINANCIAL MOMENTUM EXECUTION MILESTONE  Revenue of ` 6,880 crore, 30% YoY Growth  1,900 CKM transmission lines executed (against Guidance of 25%)  Phase 1 of Bangladesh River crossing TL completed  EBITDA grew by 21%  1,50,000 MT of towers supplied  PAT grew by 28%  31,000 Km of conductors supplied  Strong cash flow management  >20 Large scale projects completed across the `6,880  Continued improvement in Credit Rating globe during the year including 7 - 765 kV projects `16,361+ in India Highest-ever revenue Order book including L1 3x Growth over 5 Years ORDER BOOK & INFLOWS STRATEGIC EXPANSION 1,50,000  Order Inflow of ` 8,520 crore  Increased focus across GCC/Africa/SAARC MTPA 1,900  Order book including L1 at ` 16,361 crore  HTLS conductor supply being focussed Tower Supplied CKM  Balanced international + domestic mix  Bagged 3 new Civil projects  Entry into new geographies  Bagged 3 new Railway projects MANUFACTURING ENHANCEMENT AWARDS & RECOGNITION  Doubled our tower manufacturing capacity to  Most Admired Emerging Company in the Power 172,400 MTPA Sector: ET Now Infra Focus  Started new Tower factory at Butibori, Nagpur  Fortune India 500 large companies of 2025  Conductor plant brownfield expansion on  Best Health & Safety Programme 2025: World schedule HRD Congress 765 kV Lakadia-Ahmedabad Transmission Line (Gujarat) 06 Transrail Lighting Limited Annual Report 2025-26 Corporate Overview Statutory Reports Financial Statements 07 ABOUT TRANSRAIL LIGHTING BUILT TO POWER PROGRESS CORE VALUES CULTURE AND STRENGTH We foster an Integrated Management System oriented We are a diversified infrastructure EPC company with [Showing first 8,000 characters — download PDF for full document]