General Updates

July 15, 2026 To, To, Asst. Vice President, The Manager (Listing) National Stock Exchange of India Ltd., BSE Limited Exchange Plaza, Plot C/1, G Block Floor 25, P J Tower, Bandra-Kurla Complex, Bandra (E), Dalal Street, Mumbai – 400001 Mumbai – 400 051 Scrip Code: 531357 Scrip Name: MERCURYEV Subject: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Business Update Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you that Mercury Ev-Tech Limited has received an approval from GUJARAT ENERGY DEVELOPMENT AGENCY (GEDA) a Government of Gujarat Organisation for marketing and distributing of Battery Operated Three Wheelers (E- Rickshaw) equipped with Lithium-ion batteries in the state of Gujarat during the year 2026-27 and 2027-28 (approval letter attached herewith). Additionally, the individual or institution owning our three-wheelers would be eligible to receive a subsidy of Rs. 48,000 per vehicle which have been officially approved by GEDA for sales within the state (as mentioned below): Sr. Model Category 1 Tejashvi Plus Low Speed 2 Tejashvi Neo Plus Low Speed 3 Voltus Plus Low Speed 4 Voltus Leo Plus Low Speed 5 Voltus Green Plus Low Speed 6 Voltus Green Leo Plus Low Speed 7 Limosa High Speed 8 DODO High Speed 9 DODO Plus High Speed 10 Kala Ghoda High Speed 11 Kala Ghoda Clean High Speed We request you to take the same on record. Thanking You, Yours faithfully, FOR MERCURY EV-TECH LIMITED KRISHNA NAIK Company Secretary ACS-45523