Re-appointment of Mr. Daarrpan Shah as an Independent Director of the Company for the second term of five years w.e.f. 30th December, 2026.

MIL/2026-27/128 9th September 2026 BSE Limited Corporate Relationship Department 1st Floor, New Trading Ring Rotunda Building, P J Towers Dalal Street, Fort Mumbai - 400001. Scrip Code: 515059 Scrip ID: MADHUDIN Dear Sir/Madam, Sub: Disclosure under Regulation 30 and other relevant provisions of the SEBI (LODR) Regulations, 2015 - Intimation regarding Re-appointment of Independent Director With reference to the Regulation 30 of SEBI (LODR) Regulations, 2015, we would like to inform you that the Members of the Company at Annual General Meeting of the Company held today i.e. on 9th September, 2026, have passed the special resolution and approved the re-appointment of Mr. Daarrpan Shah (DIN: 09449828) as an Independent Director of the Company for second term of five years w.e.f. 30th December, 2026. The disclosure pursuant to Regulation 30 of SEBI LODR) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024 is enclosed herewith as an Annexure. This is for your information and records. Thanking you, For Madhusudan Industries Limited Mitushi Shah Company Secretary & Compliance Officer Encl: As Above Annexure 1. Reason for Change in Re-appointment of Mr. Daarrpan Shah (DIN: 09449828) as Directors: Re-appointment an Independent Director 2. Date of Re-appointment & Term Re-appointed as an Independent Director of the Company of Re-appointment: for a second term of five consecutive years w.e.f. 30th December, 2026 to 29th December, 2031. 3. Brief Profile: Name: Daarrpan Shah Date of Birth: 20th October, 1983 DIN: 09449828 Education Qualification: MBA (Financial Planning & Insurance) Nationality: Indian Directorships in other Purohit Construction Limited Companies: No. of Shareholding in NIL the Company: Expertise in specific Mr. Daarrpan Shah brings over 19 years of expertise in functional areas: Financial Management and Insurance. He serves as a financial consultant for numerous HNIs. Additionally, he assists small industries with project costing, future profit projections based on current data, project analysis, and supports them in securing business related funding. 4. Disclosure of relationship NIL between directors: It is further affirmed that Mr. Daarrpan Shah is not debarred from holding the Office of Director by virtue of any SEBI Order or any other such Authority.