Outcome of Board Meeting

Date: 04-09-2026 The BSE Limited The Listing Department Phiroze Jeejeebhoy Towers The National Stock Exchange of India Ltd. Dalal Street, Exchange Plaza, C-1, Block-G, Bandra-Kurla MUMBAI- 400 001 Complex, Bandra (East), Mumbai- 400051 Scrip Code: 539837 Company Code: RPEL Sub: Outcome of 4th Board Meeting of F.Y. 2026-27 held on 4th September, 2026 Dear Sir/ Ma’am, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors of the Company in their 4th meeting held on Friday, 4th day of September, 2026 through Video Conferencing which commenced at 10:30 A.M. and concluded at 12:20 P.M. inter alia, transacted the following business: 1. To enter into a Joint Venture Agreement (“JVA”) with TRL Krosaki Refractories Limited ("TRLK") for formation of a Joint Venture Company, to set up a silica ramming mass manufacturing unit in Odisha. Incorporation of the company pursuant to the Joint Venture is subject to receipt of requisite approvals under applicable laws and fulfilment of the terms and conditions set out in the Joint Venture Agreement. The details as required under Para B of Part A of Schedule III of the Listing Regulations read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30 January 2026 is enclosed as Annexure A. This intimation is also being uploaded on the Company’s website at www.rammingmass.com The Exchange is requested to take the same on record. Thanking You Yours Faithfully For Raghav Productivity Enhancers Limited Neha Rathi (Company Secretary) M.No.: A38807 Annexure A S. No Particulars Details 1. Name of the party with whom TRL Krosaki Refractories Limited (“TRLK”) the agreement is entered into 2. Area of agreement/JV To establish a Joint Venture Company (“JV Company”) to establish a silica ramming mass facility. 3. Domestic/International Domestic 4. Share Exchange Ratio/JV Ratio RPEL – 80% TRLK – 20% 5. Scope of business operation of Set up a JV company that shall be engaged in agreement / JV; the development, manufacturing, sales and distribution of silica ramming mass. TRLK to supply quartzite stone, key raw material, to JV company from its mines situated at Chhuinpali Village, Odisha. RPEL to use its patented silica processing technology to undertake manufacturing and selling of Silica Ramming Mass, targeting primarily the East India Market & nearby geographies. 6. Details of consideration paid / Both parties shall contribute capital in their received in agreement / JV; JV ratio. 7. Significant terms and conditions Planned capacity: 3,50,000 MTPA of agreement / JV in brief RPEL to receive a royalty for use of its patented manufacturing intellectual property. Board Constitution: 3 members (2 from RPEL and 1 from TRLK). Additionally, refer to response in point 4 of the annexure. 8. Whether the acquisition would Independent Director of RPEL, Mr. Hemant fall within related party Madhusudan Nerurkar, is also a Non- transactions and whether the Executive Director on the board of TRLK promoter/ promoter group/ Krosaki. There is no other relationship group companies have any between both the parties and do not have interest in the entity being any control or significant influence over each acquired? If yes, nature of other. interest and details thereof and Further No promoter/ promoter group/ whether the same is done at companies have any interest in the entity “arm’s length”; being acquired The same is done at arm’s length basis 9. Size of the entity(ies) RPEL is the world’s largest manufacturer of silica ramming mass with a consolidated turnover of ₹ 257 crores in FY25-26. TRLK is a leading Indian refractory manufacturing company having state-of-the- art technology and manufacturing facilities. TRLK is engaged in the business of manufacturing, distribution and sale of all kinds of refractory products. TRLK has its own Quartzite mines. In FY25-26 TRLK reported a consolidated turnover of ₹ 2,880 crores. TRLK is a subsidiary of Krosaki Harima Corporation, Japan (KHC), and step-down subsidiary of Nippon Steel Corporation, Japan. KHC is a global leader in refractory manufacturing technology, managing a global network of 20+ manufacturing units, regional offices and subsidiaries spread across Asia, Europe and North America. Nippon Steel Corporation is Japan's largest steel producer and the 3rd largest steel producer in the world. 10. Rationale and Benefit expected The JV Company shall combine RPEL's brand and manufacturing capabilities with TRLK's raw material resources and long-standing regional presence, to set up a silica ramming mass facility in East India. The facility is expected to strengthen RPEL's presence in East India.