Agreements

29th September, 2026 The Secretary The Secretary BSE Ltd National Stock Exchange of India, Listing Dept. P. J. Towers, 25th Floor Exchange Plaza, 5th Fl. Dalal Street Plot No. C/1, G-Block MUMBAI – 400 001 Bandra-Kurla Complex Scrip Code: 532654 Bandra(E) MUMBAI – 400 051 Scrip Code: MCLEODRUSS Dear Sir/Madam, Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 – Execution and Signing of Master Restructuring Agreement Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI LODR, 2015’) read with Para B of Part A of Schedule III to the Listing Regulations, we are pleased to inform that, McLeod Russel India Limited (‘the Company’) has entered into a Master Restructuring Agreement (‘MRA’) with National Asset Reconstruction Company Limited acting through India Debt Resolution Company Limited. Disclosure pursuant to Regulation 30 of SEBI LODR, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 is enclosed as Annexure - ‘A’. This disclosure is also being hosted on Company's Website: www.mcleodrussel.com. Thanking you, Yours faithfully, For McLeod Russel India Limited Alok Kumar Samant Company Secretary Registered Office: McLEOD RUSSEL INDIA LIMITED Corporate Identity Number (CIN): L51109WB1998PLC087076 4 MANGOE LANE, SURENDRA MOHAN GHOSH SARANI, KOLKATA - 700 001 Telephone: 033-2210-1221 | Fax: 91-33-2248-6265 E-mail: administrator@mcleodrussel.com | Website: www.mcleodrussel.com Annexure – ‘A’ Disclosures pursuant to Regulation 30 of SEBI LODR, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 Sr. Particulars Description 1 Name(s) of parties with whom the agreement Master Restructuring Agreement (MRA) has been is entered; entered into by the Company with National Asset Reconstruction Company Limited (NARCL) and Mr. Aditya Khaitan. 2 Purpose of entering into the agreement; Restructuring of the outstanding debt in accordance with the terms of the MRA. 3 Size of agreement Total Outstanding debt of Rs. 2,483.31 Crore comprising Sustainable Debt of 1,050 Crore and Unsustainable debt – 1,433.31 Crore. 4 Shareholding, if any, in the entity with whom National Asset Reconstruction Company Limited the agreement is executed does not hold any shares in the Company. Mr. Aditya Khaitan holds 17,272 equity shares in the Company. 5 Significant terms of the agreement (in brief)  Repayment of Sustainable Debt by Financial special rights like right to appoint directors, Year ended 2029. first right to share subscription in case of  Constitution of a Monitoring Committee issuance of shares, right to restrict any change comprising representatives of the lender and the in capital structure etc Company to oversee the implementation of the restructuring.  Allotment of 10% equity shares in the Company with anti-dilution protection  Pledge of existing Promoter shareholding / proposed shareholding in lieu of conversion of Promoter debt to equity  Right to appoint Nominee Director 6 Whether, the said parties are related to NARCL is not related to promoter / promoter group promoter/promoter group/ group companies in / group companies in any manner. any manner. If yes, nature of relationship; Mr. Aditya Khaitan is a promoter of the Company. 7 Whether the transaction would fall within No related party transactions? If yes, whether the same is done at “arm’s length” 8 In case of issuance of shares to the parties, The issue/allotment of equity shares, if any, is details of issue price, class of shares issued; subject to completion of applicable corporate, regulatory and other approvals and the number of shares/issue price will be as per the terms of MRA in compliance with the applicable laws. 9 In case of loan agreements, details of Not Applicable. lender/borrower, nature of the loan, total amount of loan granted/taken, total amount Registered Office: McLEOD RUSSEL INDIA LIMITED Corporate Identity Number (CIN): L51109WB1998PLC087076 4 MANGOE LANE, SURENDRA MOHAN GHOSH SARANI, KOLKATA - 700 001 Telephone: 033-2210-1221 | Fax: 91-33-2248-6265 E-mail: administrator@mcleodrussel.com | Website: www.mcleodrussel.com Sr. Particulars Description outstanding, date of execution of the loan agreement/sanction letter, details of the security provided to the lenders / by the borrowers for such loan or in case outstanding loans lent to a party or borrowed from a party become material on a cumulative basis; 10 Any other disclosures related to such Not Applicable. agreements, viz., details of nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreements, etc 11 In case of termination or amendment of Not Applicable. agreement, listed entity shall disclose additional details to the stock exchange(s): i. name of parties to the agreement; ii. nature of the agreement; iii. date of execution of the agreement; iv. details of amendment and impact thereof or reasons of termination and impact thereof. Registered Office: McLEOD RUSSEL INDIA LIMITED Corporate Identity Number (CIN): L51109WB1998PLC087076 4 MANGOE LANE, SURENDRA MOHAN GHOSH SARANI, KOLKATA - 700 001 Telephone: 033-2210-1221 | Fax: 91-33-2248-6265 E-mail: administrator@mcleodrussel.com | Website: www.mcleodrussel.com