Intimation regarding Demise of Mr. Rajesh Bhikhubhai Shah, Non-Executive Non-Independent Director of the Company.

MIL/2026-27/123 3rd September 2026 BSE Limited Corporate Relationship Department 1st Floor, New Trading Ring Rotunda Building, P J Towers Dalal Street, Fort Mumbai - 400001. Scrip Code: 515059 Scrip ID: MADHUDIN Dear Sir/Madam, Sub: Intimation under Regulation 30 of SEBI (LODR) – Demise of Non-Executive Non-Independent Director We regret to inform you about the sad demise of Mr. Rajesh Bhikhubhai Shah (DIN:00607602), Non - Executive Non - Independent Director of the Company today, i.e. on 3rd September 2026. The Management and Employees of the Company convey their deep sorrow and condolences to his family. Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015, and SEBI circulars dated 13th July, 2023 are as under: 1. Reason for change viz. appointment, re- Death appointment, resignation, removal, death or otherwise 2. Date of appointment / re-appointment / cessation 3rd September, 2026 (as applicable) & term of appointment / re- appointment; 3. Brief Profile: Not Applicable 4. Disclosure of relationship between directors: Not Applicable Kindly take the above information on records. Thanking you, For Madhusudan Industries Limited Mitushi Shah Company Secretary & Compliance Officer