Change in Management

5th September, 2026 BSE Limited (BSE) National Stock Exchange of India Limited (NSE) The Department of Corporate Services The Listing Compliance Department Phiroze Jeejeebhoy Towers Exchange Plaza Bandra-Kurla Complex Dalal Street, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Scrip Code: 532966 Symbol: TITAGARH Madam/Sir, Sub: Disclosure in terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – (‘Listing Regulations’) - Restructuring of Senior Management Personnel of Passenger Rail Systems (PRS) Business We wish to inform that, as part of the of management restructuring plan of the Passenger Rail Systems (PRS), Mr. Bhavesh Jethwa has assumed charge as Head of Operations (COO), Passenger Rail Systems (PRS), in place of Mr. Vijay Subramanian. Accordingly, Mr. Vijay Subramanian has ceased to hold the position of Chief Executive Officer, Passenger Rail Systems (PRS) with effect from 2nd September, 2026. Mr. Bhavesh Jethwa brings over 25 years of experience in the railway and metro industry, including leadership roles with Alstom, Bombardier and Mahindra & Mahindra, and has been associated with major projects including India’s first Namo Bharat (RRTS) project. His extensive expertise in project execution, business development, technology transfer and rolling stock technologies is expected to strengthen the leadership of the PRS business and drive greater execution efficiency, operational excellence and overall business performance. Brief details as applicable and required Regulation 30 read with Schedule III of the Listing Regulations, and SEBI Circulars are enclosed herewith as Annexure 1. The aforesaid information is also available on the website of the Company at www.titagarh.in You are requested to take the above information on record. Thanking you, yours faithfully, For TITAGARH RAIL SYSTEMS LIMITED Aditya Purohit Company Secretary & Compliance Officer M. No. ACS 27825 CIN: L27320WB1997PLC084819 Registered Office: Poddar Point, 10th Floor, 113 Park Street, Kolkata 700016, India Corporate Office: Titagarh Towers, 756 Anandapur, E.M Bypass, Kolkata 700107, India Phone:+91 33 40190800 Fax: +91 33 40190823 Email: corp@titagarh.in; Web: www.titagarh.in Annexure 1 Disclosure in terms of Regulation 30 of the SEBI Listing Regulations read with SEBI Circulars Sl. No. Particulars Details 1. Reason for change viz. appointment, Mr. Bhavesh Jethwa has assumed charge as Head reappointment, resignation, removal, of Operations of the Passenger Rail Systems (PRS) death or otherwise; business in place of Mr. Vijay Subramanian, as part of the Company’s management restructuring initiatives aimed at strengthening PRS leadership and improving operational and financial performance through enhanced operational focus and execution capabilities. 2. Date of appointment/ re-appointment/ Mr. Bhavesh Jethwa has assumed charge as Head cessation (as applicable) & term of of Operations of the Passenger Rail Systems (PRS) appointment/re-appointment; business in place of Mr. Vijay Subramanian. 3. Brief profile (in case of appointment); Mr. Bhavesh Jethwa brings over 25 years of experience in the railway and metro industry, including leadership roles with Alstom, Bombardier and Mahindra & Mahindra, and has been associated with major projects including India’s first Namo Bharat (RRTS) project. His expertise in project execution, business development, technology transfer and rolling stock technologies is expected to strengthen PRS leadership and contribute to improved execution, operational efficiency and overall business performance. 4. Disclosure of relationships between Not applicable. directors (in case of appointment of a director) CIN: L27320WB1997PLC084819 Registered Office: Poddar Point, 10th Floor, 113 Park Street, Kolkata 700016, India Corporate Office: Titagarh Towers, 756 Anandapur, E.M Bypass, Kolkata 700107, India Phone:+91 33 40190800 Fax: +91 33 40190823 Email: corp@titagarh.in; Web: www.titagarh.in