Updates

MEIL/SEC/2026-27/41 Date: 5th Sep, 2026 National Stock Exchange of India Limited. Exchange Plaza, 5th Floor, Plot No. C/1 G Block, Bandra- Kurla Complex, Bandra (East), Mumbai – 400051 Symbol: MARINE ISIN: INE01JE01028 Dear Sir/Madam, Sub: Business Responsibility and Sustainability Reporting FY 2025-26 Pursuant to Regulation 34(2)(f) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith the Business Responsibility and Sustainability Report which also forms part of the Annual Report for Financial Year 2025-26. You are kindly requested to take the same on record and oblige. Thanking You. For Marine Electricals (India) Limited Deep Shah Company Secretary & Compliance Officer ACS: 61488 Business Responsibility & Sustainability Report Section A: General Disclosures I. Details of the Listed entity 1 Corporate Identity Number (CIN) of the Listed Entity L31907MH2007PLC176443 2 Name of the Listed Entity Marine Electricals (India) Limited 3 Year of incorporation December 4, 2007 4 Registered office address B/1, Udyog Sadan No.3, Midc, Andheri (E), Mumbai, Maharashtra, India, 400093 5 Corporate address B/1, Udyog Sadan No.3, Midc, Andheri (E), Mumbai, Maharashtra, India, 400093 6 E-mail cs@marineelectricals.com 7 Telephone + 91 22 40334300 8 Website https://www.marineelectricals.com/ 9 Financial year for which reporting is being done April 1, 2025 – March 31, 2026 10 Name of the Stock Exchange(s) where shares are listed National Stock Exchange of India Limited (NSE) 11 Paid-up Capital ₹ 2798.8882 (In Lakhs) 12 Name and contact details (telephone, email address) Name: Mr Deep Shah of the person who may be contacted in case of any Designation: Company Secretary & queries on the BRSR report Compliance Officer E-mail id: cs@marineelectricals.com Contact: + 91 22 4033 4300 13 Reporting boundary The disclosures under this report are made on a s tandalone basis and pertain specifically to Marine Electricals (India) Limited operations in India 14 Name of assessment or assurance provider No assurance obtained on non-financial indicators in FY 2025-26 15 Type of assessme3ed No assurance obtained on non-financial indicators in FY 2025-26 II. Products/services 16. Details of business activities (accounting for 90% of the turnover): Sr. No Description of Main Activity Description of Business Activity % of Turnover of the entity 1 Manufacturing Manufacturing of Electrical equipment, 100% General Purpose and Special purpose Machinery & equipment and other support services to the organization. 17. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover): Sr. No Product/Service NIC Code % of total Turnover contributed 1 Manufacture of electricity distribution and 2710 100% control appartus 115 Marine Electricals (India) Limited Annual Report 2025-2026 Business Responsibility & Sustainability Report III. Operations 18. Number of locations where plants and/or operations/offices of the entity are situated: Location Number of plants Number of offices Total National 6 10 16 International - 0 0 19. Markets served by the entity: a. Number of locations Location Number National (No. of States) 9 International (No. of States) 0 b. What is the contribution of exports as a percentage of the total turnover of the entity? The contribution of exports as a percentage of the total turnover of Marine Electricals is 4.63% (standalone) c. A brief on types of customers The Company caters to a diversified customer base comprising Government Departments, the Indian Navy, Public Sector Undertakings (PSUs), and large reputed corporate clients. The Company's products and solutions are supplied across a wide range of industries and sectors, including : Automotive, Commercial, Residential Buildings, Hotels, Hospitality, Hospitals, Healthcare Facilities, Chemical Industry, Textile Industry, Iron and Steel Industry. Data Centres, Oil & Gas, Pharmaceuticals, Tyre, Manufacturing, Metro Rail Projects and Semiconductor Industry. This diversified customer portfolio enables the Company to maintain a strong market presence across critical infrastructure, industrial, and commercial sectors while reducing dependence on any single industry segment. IV. Employees 20. Details as at the end of Financial Year: a. Employees and workers (including differently abled): Sr. No. Particulars Total (A) Male Female No. (B) % (B/A) No. © %(C/A) EMPLOYEES 1 Permanent (D) 709 581 81.95 128 18.05 2 Other than Permanent (E) 0 0 0 0 0 3 Total employees (D + E) 709 581 81.95 128 18.05 WORKERS 1 Permanent (F) 386 318 82.38 68 17.62 2 Other than Permanent (G) 0 0 0 0 0 3 Total workers (F + G) 386 318 82.38 68 17.62 www.marineelectricals.com 116 Business Responsibility & Sustainability Report b. Differently abled Employees and workers: Sr. No. Particulars Total (A) Male Female No. (B) % (B/A) No. © %(C/A) DIFFERENTLY EMPLOYEE ABLED 1 Permanent (D) 0 0 0 0 0 2 Other than Permanent (E) 0 0 0 0 0 3 Total employees (D + E) 0 0 0 0 0 DIFFERENTLY WORKERS ABLED 1 Permanent (F) 0 0 0 0 0 2 Other than Permanent (G) 0 0 0 0 0 3 Total workers (F + G) 0 0 0 0 0 21. Participation / Inclusion / Representation of women Total (A) No. and percentage of Females No. (B) % (B/A Board of Directors 9 2 18.18 Key Management Personnel 4 0 0 Note: Key Management Personnel (KMP) includes Chairman and Executive Director, Managing Director, Chief Financial Officer (CFO) and Company Secretary (CS). 22. Turnover rate for permanent employees and workers (Disclose trends for the past 3 years) FY 2025-26 FY 2024-25 FY 2023-24 (Turnover rate in (Turnover rate in (Turnover rate in the current FY) (in %) previous FY) (in %) year prior to the previous FY) (in %) Male Female Total Male Female Total Male Female Total Permanent employees 15 12 27 16 14 30 15 12 15 Permanent workers 17 10 27 18 12 30 14 11 14 Note: V. Holding, Subsidiary and Associate Companies (including joint ventures) 23. (a) Names of holding/subsidiary/associate companies/joint ventures Sr. Name of the holding / Indicate whether % Of shares Does the entity No. subsidiary / associate holding / Subsidiary held by listed indicated at column A, companies / joint / Associate / Joint entity participate in the ventures (A) Venture Business Responsibility initiatives of the listed entity? (Yes / No) 1 Evigo Charge Private Limited Subsidiary 96.52% 2 Eltech Engineers Madras Subsidiary 94.00% Private Limited 3 Xanatos Marine Limited Subsidiary 75.00% 117 Marine Electricals (India) Limited Annual Report 2025-2026 Business Responsibility & Sustainability Report Sr. Name of the holding / Indicate whether % Of shares Does the entity No. subsidiary / associate holding / Subsidiary held by listed indicated at column A, companies / joint / Associate / Joint entity participate in the ventures (A) Venture Business Responsibility initiatives of the listed entity? (Yes / No) 4 MEL Power Systems FZC Subsidiary 93.71% 5 STI SRL Subsidiary 70.28% No, Marine Electricals 6 MEL Shipyard Private Subsidiary 100.00% is reporting on Limited (Formerly Known as Business Xanatech Synergies Private Responsibility And Limited) wholly-owned Sustainability 7 Marks Marine Radio Private Subsidiary 59.23% Reporting on Limited Standalone basis 8 Premalata Foundation Subsidiary 100.00% wholly-owned 9 MEL Power Systems PTE Subsidiary 100.00% LTD. wholly-owned VI. CSR Details 24. (i) Whether CSR is applicable as per section 135 of Companies Act, 2013: Yes (ii) Turnover (in ₹) : 74,693.71 Lakhs (iii) Net worth (in ₹) : 45,593.96 Lakhs VII. Transparency and Disclosures Compliances 25. Complaints/Grievances on any of the principles (Principles 1 to 9) under the National Guidelines on Responsible Business Conduct: Stakeholder Grievance FY 2025-26 FY 2024-25 group from Redressal Number of Number of Remarks Number of Number of Remarks whom Mechanism complaints complaints complaints complaints complaint is in place (Yes filed during pending f [Showing first 8,000 characters — download PDF for full document]