Change in Management

June 29, 2026 To To Sr. General Manager Sr. General Manager Department of Corporate Services Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street Bandra Kurla Complex Mumbai - 400001 Bandra (E), Mumbai - 400 051 Scrip Code: 544317 Scrip Symbol: TRANSRAILL Sub.: Outcome of the Board Meeting held on June 29, 2026 Ref.: Intimation under Regulation 30 read with schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Dear Sir / Madam, Pursuant to the provisions of SEBI Listing Regulations, it is hereby informed that the Board of Directors of Transrail Lighting Limited (“the Company”) at their meeting held today i.e. Monday, June 29, 2026 have inter-alia: 1. Re-appointment of Independent Directors Approved the re-appointment of Mr. Ashish Gupta (DIN: 07998166) and Mr. Ranjit Jatar (DIN: 01526405) as Non-Executive Independent Directors of the Company for a second term of five (5) consecutive years commencing from August 10, 2026, subject to approval of the shareholders of the Company by way of Special Resolution. The details required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed as Annexure – I. 2. Re-appointment of Non-Executive Director Approved the re-appointment of Mr. Sanjay Kumar Verma (DIN: 08235643) as a Non-Executive Director and designated as Vice Chairman of the Company, liable to retire by rotation, subject to approval of the shareholders of the Company. The details required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed as Annexure – II. TRANSRAIL LIGHTING LIMITED Corporate & Registered Office: 501 A, B, C, E, Fortune 2000, Block-G, Bandra Kurla Complex, Bandra East, Mumbai - 400051, Maharashtra, India Tel: +91 22 61979600 | Web: www.transrail.in | CIN: L31506MH2008PLC179012 3. Completion of Term of Independent Director Noted that Mr. Vinod Dasari (DIN: 03456577) will complete his first term as a Non-Executive Independent Director of the Company on August 9, 2026 and he has expressed his decision not to seek re-appointment for a second term due to personal reasons. The Board placed on record its sincere appreciation for the valuable guidance, leadership and contributions made by Mr. Vinod Dasari during his tenure as an Independent Director. The details required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed as Annexure III. 4. Approval of Postal Ballot Notice Approved the draft Postal Ballot Notice for seeking approval of the shareholders of the Company for the following matters: a) Re-appointment of Mr. Ranjit Jatar as an Independent Director for a term of 5 consecutive years w.e.f. August 10, 2026 b) Re-appointment of Mr. Ashish Gupta as an Independent Director for a term of 5 consecutive years w.e.f. August 10, 2026. c) Re-appointment of Mr. Sanjay Kumar Verma as Non-Executive Director, liable to retirement by rotation w.e.f. September 27, 2026. d) Approval for Payment of Commission to Non-Executive Directors e) Approval for Payment of Commission to Mr. Sanjay Kumar Verma, Non-Executive Director and Vice Chairman. The necessary disclosures including the postal ballot notice will be intimated in due course of time. The Board Meeting commenced at 03:30 PM (IST) and concluded at 03.55 PM (IST). This intimation will also be made available on the website of the Company and can be accessed using the below link: www.transrail.in We request you to take the same on record. For Transrail Lighting Limited Monica Gandhi Company Secretary & Compliance Officer Encl: As above TRANSRAIL LIGHTING LIMITED Corporate & Registered Office: 501 A, B, C, E, Fortune 2000, Block-G, Bandra Kurla Complex, Bandra East, Mumbai - 400051, Maharashtra, India Tel: +91 22 61979600 | Web: www.transrail.in | CIN: L31506MH2008PLC179012 Annexure I Disclosure of Information under SEBI Circular No. HO/49/14/14(7)2025-CFD-OD2/I/3762/2026 dated January 30, 2026 Sr. Particulars Mr. Ashish Gupta Mr. Ranjit Jatar No. (DIN: 07998166 (DIN: 01526405) 1. Reason for change: Re-appointment as a R e - a p p o i n t m ent as a Reappointment Non-Executive, Independent Non-Executive, Independent Director Director 2. Date of Reappointment Re-appointment of Mr. Ashish Re-appointment of Mr. Ranjit and term of Gupta as Non- Executive, Jatar as Non- Executive, Reappointment Independent Director for the Independent Director for the second term of 5 (five) years second term of 5 (five) years with effect from August 10, with effect from August 10, 2026, subject to the approval of 2026, subject to the approval of the shareholders. the shareholders. 3. Brief profile (in case of Mr. Ashish Gupta is a Civil Mr. Ranjit Jatar is a Chartered appointment of a Engineering graduate and holds Accountant and a graduate of director) an MBA from SP Jain Institute, Shri Ram College of Mumbai, and an LL.B. degree. Commerce, Delhi. Mr. Ranjit He has extensive experience in Jatar has extensive experience the infrastructure sector, having across diverse industries and worked on buildings, bridges, has held leadership roles in and hydropower projects across finance, human resources, India. Mr. Ashish Gupta has advertising, franchising, and vast experience in Project general management, along Management of Infra Projects with entrepreneurial ventures. including on Contracts-Claim- He currently leads an Executive Arbitration and dispute Search and Business Consulting resolution. He is currently firm focused on building practicing as an Independent growth-oriented business Techno-Legal Consultant and models. Arbitrator. 4. Disclosure of Mr. Ashish Gupta has no Mr. Ranjit Jatar has no relationships between relationship with the other relationship with the other directors (in case of Directors of the Company. Directors of the Company. appointment of a director) 5. Information pursuant to Mr. Ashish Gupta is not Mr. Ranjit Jatar is not debarred BSE Circular no. debarred from holding the from holding the office of LIST/COMP/14/ 2018- office of Director by virtue of Director by virtue of any SEBI 19 and NSE Circular no. any SEBI Order or any other Order or any other Authority. NSE/CML/2018/24 Authority. TRANSRAIL LIGHTING LIMITED Corporate & Registered Office: 501 A, B, C, E, Fortune 2000, Block-G, Bandra Kurla Complex, Bandra East, Mumbai - 400051, Maharashtra, India Tel: +91 22 61979600 | Web: www.transrail.in | CIN: L31506MH2008PLC179012 Annexure II Disclosure of Information under SEBI Circular No. HO/49/14/14(7)2025-CFD-OD2/I/3762/2026 dated January 30, 2026 Sr. Particulars Mr. Sanjay Kumar Verma No. (DIN: 08235643) 1. Reason for change: Re-appointment of Mr. Sanjay Kumar Verma as a Non- Reappointment Executive Director of the company designated as Vice Chairman 2. Date of Reappointment and Re-appointment of Mr. Sanjay Kumar Verma as a Non- term of Reappointment Executive Director designated as Vice Chairman of the Company with effect from September 27, 2026, liable to retire by rotation, on such terms and conditions, including remuneration and commission, as may be recommended by the Nomination and Remuneration Committee and approved by the Board of Directors from time to time, subject to the approval of the Members of the Company. 3. Brief profile (in case of Mr. Sanjay Kumar Verma is a first-generation technocrat appointment of a director) entrepreneur with over two decades of experience spanning various industries, international joint ventures, and Mergers & Acquisitions. He brings a rare combination of deal-making instinct and technology foresight to every venture he builds. Mr. Verma has experience in business administration and consulting and s [Showing first 8,000 characters — download PDF for full document]