General Updates

Ref: M/3743/0006/2023 Date: 18/ 04/ 2023 (cid:9) Date: 16.09.2026 To, To, Chief Engineer (O&M-I) BSE Limited National Stock Exchange of India Ltd. WBSETCL, Vidyut Bhavan , Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Plot No. C/1 Kolkata Dalal Street, G- block, Bandra- Kurla Complex Mumbai-400001. Bandra (E ), Mumbai-400051 Sub: Offer Sheet for the repairing estimates of Marsons Make” 630 kVA, 33/ 0.415 kV Station Service Scrip Code: 517467 Scrip ID: MARSONS Transformer Yom: 2008: (sl no: 82078) received at factory premises of M/s Marsons Limited on dt. 16.02.2023 Dear Sir, Subject: Outcome of the Board Meeting held today i.e. 16th September 2026 Ref: 1) LoJ No: Memo No. KAO/TR/Subhasgram (TR-4) DT. 31.01.2023 Pursuant to Regulation 30 (read with Part A of Schedule III) and other applicable provisions of SEBI (Listing 2) Physical Joint Inspection M/3743/Repair/004/2023 dt. 11.04.2023 Obligations and Disclosure Requirements) Regulations, 2015, (“SEBI Listing Regulations”), we wish to inform you that the Board of Directors of the Company, at its meeting held today, i.e. on 16 September, 2026 Dear Sir, has inter-alia considered and approved the following matters: Referring to the MOM made after the joint inspection along with your officials (M/3743/Repair/004/2023 1. Appointment of Mr. Rajiv Gupta (DIN: 09715290) as an Additional Independent Director of the dt. 11.04.2023) regarding fault assessment & subsequent repairing of above transformer at our budge Company. budge works. We are submitting our offer estimate as below for your kind consideration. The Board of Directors of the Company, based on the recommendation of the Nomination and Remuneration Committee of the Company, considered and approved the aQppuooitnetmd ePnrti coef Mr. Rajiv Sl. No. Description of work Gupta (DIN: 09715290) as an Additional Director designated as a Non-Executive Independent (INR ₹) Director effective 16th September 2026. Unloading of transformer, physical inspection of 1 5,000.00 accessories , quantity of oil with tank Further, the Board has approved the appointment of Mr. Rajiv Gupta as an Independent Director for a term of five (U5n y-etaarnsk) ienfgfe octfi vTer a1n6sth f oSrempteemr fboerr c2h0e26ck, isnugb joecf tA toct tihvee approval of the shareholders of the 2 10,000.00 Company, asP paerrt the regulatory requirements. Physical checking of tank/ active part with The Board m3 eeting commenced at 15:00 (IST) and concluded at 15:30 (IST). A c o p y o f t h i s2 i0n,t0im00at.i0o0n is also WBSETCL official being made available on the Company's website at www.marsonsonline.com. Magnetic balance of HV & LV, resistance 4 25,000.00 The details as requirmede ausnudreer mReegnutl datoionne 3fo0 ro hf ethaelt hSiEnBesI sL cihsteincgk Regulations read with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed herewith as Overall Healthiness Check of Transformer Active “Annexure 5A ” 15,000.00 Part and all other parts as well Thanking y6ou , Removal of Top yoke of core assembly 7,500.00 Yours faithfully Resetting of 3 LV coils with line & shorting leads For Marso7n s Limited 25,000.00 after removing top yoke 8 Resetting of top yoke 10,000.00 (Uttara Sha9rm a) Overhauling of Tank Body 15,000.00 Company Secretary Supply of new sleeving and Bakelite tubes for HV (M. No. A41804 64) 5,000.00 Tap leads and Line Leads Encl: as above Marsons LImited Marsons House, Budge Budge Trunk Road, Chakmir, Maheshtala, Kolkata 700142, CIN: L31102WB1976PLC030676 Mail: info@marsonsonline.com Website: www.marsonsonline.com Phone: +91 33 22127189 Ref: M/3743/0006/2023 Date: 18/ 04/ 2023 (cid:9) Annexure A Details required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. Chief Engineer (O&M-I) SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. WBSETCL, Vidyut Bhavan , Sr. No. Particulars Details Kolkata 1 Name & DIN Mr. Rajiv Gupta (DIN: 09715290) Sub: Offer Sheet for the repairing estimates of Marsons Make” 630 kVA, 33/ 0.415 kV Station Service 2 Reason for Change viz. Appointment of Mr. Rajiv Gupta as an Additional Director Transformer Yom: 2008: (sl no: 82078) received at factory premises of M/s Marsons Limited on dt. appointment on the Board of the Company designated as a Non-Executive 16.02.2023 Independent Director. 3 Date of appointment and term of 16th September 2026 Ref: appointment 1) LoJ No: Memo No. KAO/TR/Subhasgram (TR-4) DT. 31.01.2023 Term of Appointment 2) Physical Joint Inspection M/3743/Repair/004/2023 dt. 11.04.2023 The term of his appointment as an Independent Director shall be for a period of five (5) years, not liable to retire by Dear Sir, rotation, subject to the approval of shareholders, as per regulatory requirements. Referring to the MOM made after the joint inspection along with your officials (M/3743/Repair/004/2023 4 Brief profile (in case of He is a seasoned professional with over 35 years of extensive dt. 11.04.2023) regarding fault assessment & subsequent repairing of above transformer at our budge appointment) experience in the power and renewable energy sector, budge works. We are submitting our offer estiminactlued ains gb elolonwg sftoarn dyionugr lkeiandde rcsohnips irdoelersa twiointh.i n the NTPC Group. Quoted Price Sl. No. Description of work He has served as Chief Executive Officer of NTPC Green (INR ₹) Energy Limited and NTPC Renewable Energy Limited, Unloading of transformer, physical inspection of 1 where he was instrumental in d r i v i n g s t r a t e5g,0ic0 0in.0it0ia t ives, accessories , quantity of oil with tank expanding renewable energy capacity, and ensuring Un-tanking of Transformeopr efroart icohnealc keifnfgic ioefn Acyc tiavcero ss projects. His leadership has 2 10,000.00 contributed to strengthening the organization’s position in Part the renewable energy space and advancing its growth Physical checking of tank/ active part with 3 objectives. 20,000.00 WBSETCL official Magnetic balance of HV &O vLeVr, rthees isctoaunrcsee of his career, he has developed deep 4 25,000.00 expertise in project execution, contract management, measurement done for healthiness check corporate strategy, and development of large scale Overall Healthiness Check of Transformer Active 5 infrastructure projects. He has ha n d l e d c o m p1l5e,x0 a0s0s.i0gn0m ents Part and all other parts as well involving planning, systems development, and 6 Removal of Top yoke of ciomrpel eamsseenmtatbiolyn of key policies in t h e p o w e r 7se,5ct0o0r.. 00 Resetting of 3 LV coils with line & shorting leads 7 He has also held senior positio n s s u c h a 2s 5C,0h0ie0f. 0G0e neral after removing top yoke Manager and General Manager at NTPC Limited, where he 8 Resetting of top yoke played a significant role in exe c u t i o n a n d 1 m0,a0n0a0g.e0m0e nt of large and complex energy projects, as well as in 9 Overhauling of Tank Body 15,000.00 strengthening organizational processes and systems. Supply of new sleeving and Bakelite tubes for HV 10 5,000.00 Tap leads and Line Leads Marsons LImited Marsons House, Budge Budge Trunk Road, Chakmir, Maheshtala, Kolkata 700142, CIN: L31102WB1976PLC030676 Mail: info@marsonsonline.com Website: www.marsonsonline.com Phone: +91 33 22127189 Ref: M/3743/0006/2023 Date: 18/ 04/ 2023 (cid:9) He is currently working as a Consultant with Advance Corporate Advisory Private Limited, advising on matters relating to energy, infrastructure, and corporate governance, Chief Engineer (O&M-I) thereby bringing a balanced perspective of both operational WBSETCL, Vidyut Bhavan , and advisory experience. Kolkata 5 Disclosure of relationships He is not related to any Director of the Company and satisfies Sub: Offer Sheet for the repairing estimates of Marsons Make” 630 kVA, 33/ 0.415 kV Station Service between directors (in case of the criteria of independence prescribed under the Companies Transformer Yom: 2008: (sl no: 82078) received at factory premises of M/s Mars [Showing first 8,000 characters — download PDF for full document]