Change in Management

ENGINEERING M&B Engineering Ltd. Registered Office: ‘MB House', 51, Chandroday Society, Stadium Road, Naranpura, Ahmedabad - 380 014, Gujarat, India CIN: L45200GJ1981PLC004437 I T: +91 79 2640 5563/ 2646 1314 | E: info@mbphenix.com / info@mbproflex.com 17th September, 2026 To, To National Stock Exchange of India Limited BSE Limited Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai – 400 001 Mumbai – 400051 Symbol: MBEL Script Code: 544470 Company Code No. 544470 Dear Sir, Sub: Intimation of approval of Shareholders for Re-appointment of Directors as Whole-Time Directors Kindly note that the Shareholders in their 44thAnnual General Meeting held today i.e. on 17th September, 2026 through VC/ OAVM, have accorded their approval for, inter alia: - Re-appointment of Ms. Birva Chirag Patel (DIN: 07203299) as Whole-time Director of the Company, liable to retire by rotation, for a period of 3 years with effect from 2nd April, 2027 to 1st April, 2030. - Re-appointment of Mr. Aditya Vipinbhai Patel (DIN: 07103812) as Whole-time Director of the Company, liable to retire by rotation, for a period of 3 years with effect from 2nd April, 2027 to 1st April, 2030. In accordance Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015 read along relevant SEBI circular, the necessary disclosures including brief profile of the Whole-Time Directors are as per Annexure-1. Thanking you, Yours faithfully, For M & B ENGINEERING LIMITED PALAK D. PAREKH COMPANY SECRETARY AND COMPLIANCE OFFICER ENGINEERING M&B Engineering Ltd. Registered Office: ‘MB House', 51, Chandroday Society, Stadium Road, Naranpura, Ahmedabad - 380 014, Gujarat, India CIN: L45200GJ1981PLC004437 I T: +91 79 2640 5563/ 2646 1314 | E: info@mbphenix.com / info@mbproflex.com Annexure-1 Brief Profile of the Directors appointed / re-appointed: Name of Director Ms. Birva Chirag Patel Mr. Aditya Vipinbhai Patel (DIN – 07203299) (DIN – 07103812) Category of Whole-time director Whole-time director Director(s) Qualification of B.com & Company Secretary B.E. E & C; MBA Finance (USA). Director Brief profile & She is a Company Secretary having He holds a Bachelor of Engineering Experience / Expertise experience of more than 2 decades in the degree and an MBA in Finance from the in Specific Functional field of Company Law and SEBI Laws. United States. Prior to joining the Areas of Director She is currently on the Board of various Company, he worked with ING Fund of Adani Group Companies for more than 10 Hedge Funds, New York. years. She possesses extensive and He currently heads the Domestic and enriched experience in the areas of International Business Development corporate laws, regulatory compliance, functions of the Company and has played corporate governance, and SEBI a pivotal role in taking the “Phenix” brand regulations to the international level. He possesses rich experience in business development, strategic planning and international operations. Date of Re- 02-04-2027 02-04-2027 appointment Reason for change Re-appointment Re-appointment Terms of Appointment Re-appointment as Whole-time director of Re-appointment as Whole-time director of the Company w.e.f. 2nd April, 2027 to 1st the Company w.e.f. 2nd April, 2027 to 1st April, 2030. April, 2030. Shareholding of 40,17,500 Equity Shares of Face Value 20,16,988 Equity Shares of Face Value Director in the Rs. 10/- each Rs. 10/- each Company (7.03%) (3.53%) Relationship between Related to Chirag Hasmukhbhai Patel, Related to Vipinbhai Kantilal Patel, Directors Joint Managing Director of the Company. Director of the Company. Affirmation that the It is hereby affirmed that Ms. Birva Chirag It is hereby affirmed that Mr. Aditya Director being Patel is not debarred from holding the Vipinbhai Patel is not debarred from appointed is not office of director by virtue of any SEBI holding the office of director by virtue of debarred from order or any other such authority. any SEBI order or any other such holding the office of authority. director by virtue of any SEBI order or any other such authority Yours faithfully, For M & B ENGINEERING LIMITED PALAK D. PAREKH COMPANY SECRETARY AND COMPLIANCE OFFICER