General Updates

Ref.: ML/Compliance/2026-27/45 September 21, 2026 BSE Limited National Stock Exchange of India Limited Floor 25, P J Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Bandra (East), Mumbai – 400 051 Scrip Code: 506261 Symbol: MODISONLTD Dear Sir/Madam, Subject : Cessation of Wholly Owned Subsidiary Reference: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Further to our intimation dated August 13, 2026, we wish to inform you that the Company has completed the transfer of its entire shareholding in its wholly owned subsidiary, M/s. Modison HV Private Limited. Consequently, M/s. Modison HV Private Limited has ceased to be a wholly owned subsidiary of the Company with effect from the close of business hours on Monday, September 21, 2026. The said subsidiary was not a material subsidiary of the Company under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Further, the subsidiary has not been operative since its acquisition by the Company and, accordingly, its cessation will not have any impact on the Company’s revenue or business. The disclosures required under amended Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are enclosed as Annexure I. The above information is also available on the Company’s website at www.modisonltd.com . Kindly take the same on record Thanking you. Yours faithfully, For Modison Limited Pooja Birendra Sinha Company Secretary & Compliance Officer ACS65836 Annexure I Items to be disclosed Details The amount and percentage of the Name of the subsidiary: Modison HV Private turnover or revenue or income and Limited (MHVPL) net worth contributed by such Subsidiary of the listed entity during Particulars Amount (in Percentage the last financial year i.e. March 31, Rs.) 2026 Total Income Nil Nil Net worth 28,25,790.00 Not Applicable Date on which the agreement for sale No separate agreement for sale has been entered has been entered into into between the Company and the purchasers in relation to the aforesaid transaction. The date of completion of sale/ Monday, September 21, 2026 disposal Consideration received from such The Company has received total consideration of sale/ disposal Rs. 27,68,000/- (Rupees Twenty-Seven Lakh Sixty-Eight Thousand only). Brief details of buyers 1) Mr. Girdhari Lal Modi 2) Mr. Kumar Jay Modi Whether any of the buyers belong to Yes. The purchasers are members of the the promoter/ promoter group/group Promoter / Promoter Group of the Company. companies. If yes, details thereof; Whether the transaction would fall Yes. The transaction constitutes a Related Party within related party transactions? If Transaction and has been undertaken on an arm’s yes, whether the same is done at length basis, in accordance with the applicable "arm's length" provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, in case of a slump sale, Not Applicable indicative disclosures provided for amalgamation/ merger, shall be disclosed by the listed entity with respect to such slump sale