General Updates

HEIL/SE-35/2026-27 September 26, 2026 To, To, The Manager (Listing), The Manager (Listing), The BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, "Exchange Plaza", C-l, Block - G, Dalal Street, Bandra - Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 Script Code No. : 543600 Symbol : HARSHA Dear Sir/Madam, Sub : Grant of Employee Stock Options Ref : Regulation 30 and 33 of the SEBI (Listing Obligations & Disclosures Requirements) Regulations, 2015 Pursuant to Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we hereby inform that the Nomination and Remuneration Committee (“Committee”), at its meeting held on September 25, 2026, has approved the grant of 4,28,000/- Employee Stock Options (“Options”) to eligible employees of the Company and its subsidiary pursuant to the “Harsha Engineers International Limited – Employee Stock Option Plan 2026” (“ESOP 2026”/“Plan”). Details as required under Regulation 30 of the Listing Regulations, read with Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 in relation to the above, is enclosed herewith as Annexure - I. Kindly take the same on your records. Yours faithfully, FOR HARSHA ENGINEERS INTERNATIONAL LIMITED Kiran Mohanty Company Secretary and Chief Compliance Officer MEM NO. : F9907 Harsha Engineers International Limited CIN : L29307GJ2010PLC063233 Corporate & Registered Office: Sarkhej - Bavla Road, Changodar, Ahmedabad, Sanand - 382213, Gujarat, India. Tel.: +91-2717-618200 Fax: +91-2717-618259 E-mail: sec@harshaengineers.com URL: www.harshaengineers.com Annexure- I Brief details of options The Nomination and Remuneration Committee (“Committee”) of granted; the Company granted 4,28,000/- (Four Lakh Twenty Eight Thousand Only) employee stock options (“Options) to eligible employees of the Company and it’s subsidiary pursuant to the ESOP 2026. Whether the scheme is in Yes, ESOP 2026 is in the compliance with Securities and terms of SEBI (SBEB) Exchange Board of India (Share Based Employee Benefits and Regulations, 2021 (if Sweat Equity) Regulations, 2021 applicable); Total number of shares 4,28,000/- (Four Lakh Twenty Eight Thousand Only) covered by these options; Options exercisable into not more than 4,28,000/- (Four Lakh Twenty Eight Thousand Only) equity shares of face value of Rs. 10/- (Rupees Ten only) each fully paid-up of the Company. Pricing formula The Exercise Price per Option determined by the Committee is Rs. 370, which is at a maximum discount of up to 20% (Twenty percent) to the Market Price of the Shares as on the Grant Date and more than the face value of the Share of the Company. Options vested Not applicable at this stage Time within which option The exercise period for vested Options shall be a maximum may be exercised of 4 (four) years from the date of each vesting of such Options. The Vested Options can be exercised by the Option Grantee at one time or at various points of time within the Exercise Period Options exercised; Not applicable at this stage. Money realized by exercise Not applicable at this stage. of options; The total number of shares Not applicable at this stage. arising as a result of exercise of option Options lapsed; Not applicable at this stage. Variation of terms of Not applicable at this stage. options; Brief details of significant The Plan will be overseen by the Committee of the Company, terms; w h i c h w i l l handle all related responsibilities, including any powers or duties delegated by the Board as per the applicable law. Harsha Engineers International Limited CIN : L29307GJ2010PLC063233 Corporate & Registered Office: Sarkhej - Bavla Road, Changodar, Ahmedabad, Sanand - 382213, Gujarat, India. Tel.: +91-2717-618200 Fax: +91-2717-618259 E-mail: sec@harshaengineers.com URL: www.harshaengineers.com The grant of Options is based upon the eligibility criteria as mentioned in the Plan. The Options granted under the ESOP 2026 would Vest not earlier than the minimum Vesting Period of 1 (One) year and not later than the maximum Vesting Period of 4 (Four) years from the Grant Date. The Committee subject to minimum and maximum ceiling of vesting period shall have the power to prescribe the vesting schedule for a particular Grant. The Shares arising out of Exercise of Vested Options shall not be subject to any lock-in from the date of transfer of such Shares under the ESOP 2026. Subsequent changes or Not applicable at this stage. cancellation or exercise of such options; Diluted earnings per share Not applicable at this stage. pursuant to issue of equity shares on exercise of options. Harsha Engineers International Limited CIN : L29307GJ2010PLC063233 Corporate & Registered Office: Sarkhej - Bavla Road, Changodar, Ahmedabad, Sanand - 382213, Gujarat, India. Tel.: +91-2717-618200 Fax: +91-2717-618259 E-mail: sec@harshaengineers.com URL: www.harshaengineers.com