Change in Management

September 16, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai - 400001, Maharashtra, India Mumbai - 400 051, Maharashtra, India Scrip Code: 544492 Symbol: MEIL Sub: Outcome of the Meeting of Board of Directors of Mangal Electrical Industries Limited (“the Company”) Ref.: Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the “Listing Regulations”), this is to inform you that the Board of Directors of the Company at its meeting held today i.e. Wednesday, September 16, 2026, has, inter alia, transacted the following business: - Appointment of Chief Financial Officer The Board, based on the recommendation of the Nomination and Remuneration Committee and Audit Committee, approved the appointment of Mr. Rohit Pokharna as the Chief Financial Officer (CFO) of the Company with effect from September 16, 2026, at a total remuneration of ₹45,00,000/- (Rupees Forty-Five Lakh only) per annum, on such terms and conditions as approved by the Board. Mr. Rohit Pokharna has also been designated as an authorised person under Regulation 30(5) of the SEBI LODR Regulations, 2015, for determining the materiality of events/information and making disclosures to the Stock Exchanges in accordance with the Company's Policy for Determination of Materiality of Events and Information and applicable provisions of the SEBI LODR Regulations. The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD POD2/I/3762/2026 dated January 30, 2026 are enclosed herewith as Annexure – A. -Approval of Cost Audit Report for FY 2025-26 The Board considered and approved the Cost Audit Report for the financial year ended March 31, 2026, as submitted by M/s Maharwal & Associates, Cost Accountants, Cost Auditor of the Company. The Board further authorised the Chairman & Managing Director and the Company Secretary & Compliance Officer to undertake the necessary filings, submissions and disclosures with the Ministry of Corporate Affairs, Registrar of Companies, Stock Exchanges and/or other regulatory authorities, as may be required. The meeting of the Board of Directors commenced at 05:00 P.M. (IST) and concluded at 5.15 P.M. (IST). The above information is also being uploaded on the Company’s website at www.mangals.com This is for your information and appropriate dissemination. Thanking you, Yours sincerely, for Mangal Electrical Industries Limited Naresh Kumar Sharma Company Secretary & Compliance Officer Membership No. A12005 Encl.: as above Annexure-A Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI Master Circular No. HO/49/14/14(7)2025-CFD POD2/I/3762/2026 dated January 30, 2026 Particular Mr Rohit Pokharna Reason for change viz.appointment, re- Appointment of Mr. Rohit Pokharna as Chief Financial Officer appointment,resignation,removal,death or otherwise and Key Managerial Personnel of the Company with effect from September 16, 2026 in place of Mr. Pawan Mendiratta who have been relieved from the position of CFO with effect from August 31, 2026.. Mr. Rohit Pokharna has also been designated as an authorised person under Regulation 30(5) of the SEBI LODR Regulations, 2015, for determining the materiality of events/information and making disclosures to the Stock Exchanges in accordance with the Company's Policy for Determination of Materiality of Events and Information and applicable provisions of the SEBI LODR Regulations. Date of appointment/re-appointment/cessation (as Date of Appointment: September 16, 2026. Term of applicable) & term of appointment/re-appointment Appointment: The appointment shall continue till attaining the age of retirement, in accordance with the terms and conditions of employment, as approved by the Board of Directors.. Brief Profile (in case of appointment) Mr. Rohit Pokharna is a Chartered Accountant, qualified from the Institute of Chartered Accountants of India in 2016, and holds a Bachelor of Commerce (B.Com.) degree from the University of Rajasthan, Jaipur. He has over 9 years of professional experience in finance, assurance, financial reporting and advisory, including experience with leading Big 4 firms. Prior to joining Mangal Electrical Industries Limited, he was associated with S.R. Batliboi & Associates LLP (EY) as Senior Manager and B S R & Co. LLP (KPMG India). His professional experience includes financial reporting, statutory audits, group reporting, IPO assignments, Ind AS/IFRS/US GAAP, internal controls, consolidation, business combinations and technical accounting. Disclosure of relationships between directors (in case of Not Applicable appointment of a Director) Information as required pursuant to SEBI Letter dated Not Applicable June 14, 2018 read with BSE Circular No. LIST/COMP/14/2018-19 and NSE Circular No. NSE/CML/2018 dated June 20,2018.