Updates

5th October 2026 BSE Limited National Stock Exchange of India Limited Listing Operations Listing Department, Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalai Street, Bandra Kurla Complex, Bandra (E), Mumbai - 400 001 Mumbai - 400 051 Maharashtra, India Maharashtra, India BSE Script Code: 532864 NSE Script Code: NELCAST Dear Sir/Madam, Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors at its meeting held today, has approved the proposal for setting up a Machining Division for machining of the Company's castings involving an investment of approximately ₹75.00 crore. The project is expected to enhance the Company's value-added machining capabilities and cater to the requirements of its customers. The project is proposed to be funded through a combination of internal accruals and borrowings. The details, as required under Regulation 30 of SEBI LODR and the SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 issued July, 2023 is enclosed as an Annexure A. We request you to take the same on record. Thanking you. For Nelcast Limited (S.K. Sivakumar) Company Secretary Annexure - A Disclosure of information pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 1 Nature of the Project Setting up of a Machining Division 2 Location of the Project Gudur, Andhra Pradesh q Objective / Purpose of the Project To establish in-house machining capabilities for the Company's castings and undertake machining and assembly of cast components, thereby enhancing value addition and strengthening the Company's manufacturing capabilities. 4 Estimated Investment & Funding Approx.. Rs 75 Cr & funded through a combination of internal accruals and borrowings. 5 Impact on the Operation of the The project will enable the Company to Company expand its value-added product portfolio and provide integrated casting, machining and assembly solutions to its customers. 6 Any other material information The project is being undertaken as part of the Company's strategy to increase value addition to its castings and strengthen its machining capabilities.