Updates

12704102 MAKEININDIA n~ .sTe RpJ~o.s’e1 1~iPI≥.s NI$11114 ti~eii act ~s’4zN) Mazagon Dock Shipbuilders Ltd. (Formerly Mazagon Dock Limited) (A Govt. of India Undertaking) sTq~gIi iii~i.iia, R~f-4OO 010 Dockyard Road, Mazagon, Mumbai -400010 Certified ISO 9001 company CIN : t35100Ml11934G01002079 9~NIZ. SEC/BSENSEDISCL/43/2026-27 Ref. No.: 28 September 2026 Date: National Stock Exchange of India Limited Exchange Plaza, C-I, Block 0 Bandra Kurla Complex Bandra (E), Mumbai— 400 051 NSE Symbol: MAZDOCK Subject: Noticefor non-compliance with SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Dear Sin Madam, We refer to your letter dated 25 August 2026 having ref: NSE/LIST-SOP/COMBIFINES/0954 and we would like to update that, the notice was placed before the Board of the Company at its meeting held on 04 September 2026 for its review. As per the directions given by the Board, the Company has once again written to the administrative ministry i.e. Ministry of Defence (last communication vide letter dated 21 August 2026) forappointment ofsufficient numberofIndependent Directors. Board observed that being a Government company, the power to appoint directors including Independent Directors on the Board ofthe Company vests with President ofIndia. Accordingly, the Board has advised tocontinue the follow up with the Administrative Ministry. This is for your kind information and record please. Thanking You, Yours Faithfully, For MAZAGON DOCK SHIPBUILDERS LIMITED Lalatendu Acharya Company Secretary and Compliance Officer FCS-6569 q~’Pt +91(22) 2376 2000 z~’~ (Design) +91(22) 2373 8159 (Proj-C) +91(22) 2373 8147 ~tiijc :hflPS:llmaZa90fld00~1 Phone+91(22) 23763000 Fax (Matêrial)+91(22)2373 8151 (EastYd.)+91(22) 2373 8333 Website : https:/!mazagofldock.ifl IRQS +91(22) 23764000 (Finance)+91(22) 2373 8338 AOEPPR~NENTOF INDIANR~clnEROF SNIPPING NSE/LIST-SOP/COMB/FINES/0954 August 25, 2026 The Company Secretary Mazagon Dock Shipbuilders Limited Dear Sir/Madam, Subject: Notice for non-compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Your attention is drawn towards SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 (“Master Circular”) issued on July 11, 2023 and last updated on January 30, 2026 (hereinafter referred to as "Master Circular"), specifying Standard Operating Procedure for imposing fines and suspension of trading in case of non-compliance with the Listing Regulations. On verification of the Exchange records, it has been observed that your Company has not complied/delayed complied with certain Listing Regulation(s). The details of non-compliance(s)/delayed compliance(s), total fine payable by your Company and the particulars about manner in which fine should be remitted to the Exchange is enclosed as Annexure. You are requested to ensure compliance with respective regulation(s) and make the payment of fines within 15 days from the date of this notice. The Company upon receipt of this review notice, may file the waiver request. Below are the parameters for filing the application for waiver: a) Waiver applications sent via mail is not considered. The Company is requested to submit waiver application on the below mentioned path: NEAPS>>Compliance>>Fine Waiver>>Waiver Request. b) Detailed submission indicating reasons for waiver, mentioning whether it intends to seek personal hearing before the concerned Committee. c) Further, compliance is a pre-requisite for applying for waiver. Thus, waiver application of the non-complied Companies will not be processed without achieving the compliance. d) In case the Company is non-compliant under multiple regulations, the Company is advised to file a single application mentioning the details of all the respective regulations and quarters for which the Company intends to apply for waiver. e) Non-refundable Processing fees for an amount of Rs.10,000 plus 18% GST to be paid to the designated Exchange, (as segregated between the Exchanges as per the policy for waiver of fines) only if the fine amount is more than Rs. 5,000/- exclusive of GST. However, before filing an application for waiver of fines, you are requested to refer to the below policy available on the Exchange’s website. For ready reference you may refer below link: Policy on processing of waiver application: https://nsearchives.nseindia.com//web/circular/2026- 01/Policy_for_waiver_of_fines_Final1_20260113193131.pdf Further, as per Master Circular, your Company is also required to ensure that the said non-compliance which has been identified by the Exchange and subsequent action taken by the Exchange in this regard shall be placed before the Board in the next Board Meeting and comments made by the Board shall be duly informed to the Exchange at the below mentioned path in NEAPS portal along with this letter for dissemination having the announcement text as 'Board comments on fine levied by the Exchange'. Path: NEAPS > COMPLIANCE > Announcements > Announcements/ CA (Subject: Updates) In case of any clarification, you may send an email on listingsop@nse.co.in or contact any of the below mentioned Exchange Officers from Listing Compliance Department: Ms. Komal Singh Ms. Madhu Kadam Ms. Chanchal Daga (Waiver request) Ms. Neha Salvi (Waiver request) Yours faithfully, For National Stock Exchange of India Limited Sonam Yadav Manager Annexure Fine amount per day No. of days of non- Fine Regulation Quarter (Rs.) / Fine amount per compliance / No. of amount instance (Rs.) instance(s) (Rs.) REGULATION 30-Jun- 5000 91 455000 17(1) 2026 REGULATION 30-Jun- 2000 71 142000 18(1) 2026 REGULATION 30-Jun- 2000 71 142000 19(1)/19(2) 2026 Total Fine 739000 GST @18% 133020 Total Fine Payable (Inclusive of GST) 872020* * In case the Company is non-compliant as on the date of this letter then fine amount will keep on increasing every day till the date compliance is achieved. Notes: • If the fine amount is paid before receipt of this letter then inform the Exchange accordingly. • Please update the payment details on below mentioned path: NEAPS > Payment > SOP Fine Payment. • The above payment may be made vide RTGS / NEFT / Net Banking favouring 'National Stock Exchange of India Limited'. The bank details towards the payment of fine are as follows: BENEFICIARY NATIONAL STOCK EXCHANGE OF INDIA LIMITED NAME BANK NAME IDBI BANK LTD Please refer Unique Account Code used for making Annual Listing A/C NO fees to the Exchange BRANCH BANDRA KURLA COMPLEX, MUMBAI RTGS/IFSC CODE IBKL0001000 • The fine paid as mentioned above will be credited to IPFT as envisaged in the circular.