Diversification/Disinvestment

September 04, 2026 National Stock Exchange of India Limited (NSE) BSE Limited (BSE) Exchange Plaza, Phiroze Jeejeebhoy Towers, C-1, Block G Bandra Kurla Complex Dalal Street, Fort, Bandra (E), Mumbai - 400 051 Mumbai - 400 001 Scrip Code: ELGIEQUIP Scrip Code: 522074 Dear Sir/Madam, Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) We would like to inform you that, ELGI Compressors USA Inc., a wholly owned subsidiary of the Company, has divested its entire stake in Gentex Air Solutions LLC, to the existing joint venture partner, for the purpose of release of exclusivity, in certain counties of Texas, USA. The relevant details as required under the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure. The above intimation is also being hosted on the website of the Company at www.elgi.com. We request to kindly take the above intimation on records. Thanking you, Yours faithfully FOR ELGI EQUIPMENTS LIMITED ROHIT GUPTE COMPANY SECRETARY & COMPLIANCE OFFICER MEMBERSHIP NO.: A12422 Encl: as above Annexure Sl. Particulars Details a) t he amount and percentage of the turnover or revenue or income and net worth contributed by Share of Share of net such unit or division or undertaking or subsidiary profit of JV worth of JV as at or associate company of the listed entity during the for FY25-26 March 31, 2026 last financial year; Amount and USD 7,735 USD 1,38,972 Percentage As a % of As a % of Equity Consolidated = 0.06% PAT = 0.02% b) d ate on which the agreement for sale has been September 04, 2026 entered into c) t he expected date of completion of sale/disposal September 04, 2026 d) c onsideration received from such sale/disposal Elgi Compressors USA Inc. has secured release of exclusivity in certain counties of Texas, USA and towards that it has relinquished its entire equity stake. e) b rief details of buyers and whether any of the James Gery Naico, Joint Venture Partner buyers belong to the promoter/ promoter None of the buyers belong to the promoter/ promoter group/group companies. If yes, details thereof group/group companies f) w hether the transaction would fall within related No party transactions? If yes, whether the same is done at “arm’s length” g) w hether the sale, lease or disposal of the Not Applicable undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations. h) a dditionally, in case of a slump sale, indicative Not Applicable disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale.