Agreements

BGR ENERGY SYSTEMS LIMITED 443 ANNA SALAI, TEYNAMPET, CHENNAI 600018 INDIA TEL: 91 44 24364422/24320390 E-mail: compliance@bgrenergy.com Web site: www.bgrcorp.com Date: 05th October 2026 National Stock Exchange of India Limited BSE Limited Listing Department Department of Corporate services Exchange Plaza, Bandra Kurla Complex, PJ Towers, Dalal Street Bandra (E), Mumbai - 400 051 Fort, Mumbai - 400 001 NSE Symbol: BGRENERGY BSE Scrip: 532930 Respected Sir/Madam, Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 – Execution and Signing of Master Restructuring Agreement Dear Sir/Madam, With reference to our letter dated 25th September 2026 and in line with requirement of 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 SEBI LODR, 2015, we are pleased to inform that, BGR Energy Systems Limited (“the Company”) has entered into a Master Restructuring Agreement inter-alia 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’. Thanking you, Yours truly For BGR ENERGY SYSTEMS LIMITED S. Sundar Company Secretary & Compliance Officer Membership No. A9926 REGISTERED OFFICE: E-4 PANNAMGADU INDUSTRIAL ESTATE, RAMAPURAM POST, TADA MANDALAM, TIRUPATHI DISTRICT, ANDHRA PRADESH 524401 INDIA. Corporate Identity Number: L40106AP1985PLC005318 BGR ENERGY SYSTEMS LIMITED 443 ANNA SALAI, TEYNAMPET, CHENNAI 600018 INDIA TEL: 91 44 24364422/24320390 E-mail: compliance@bgrenergy.com Web site: www.bgrcorp.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. S. No Particulars Description 1 Name(s) of parties with whom the agreement is Master Restructuring Agreement (“MRA”) entered; has been entered into inter-alia between National Asset Reconstruction Company Limited (“NARCL”) and the Company. 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. 3736 Crore (as of October 1, 2025) comprising Sustainable Debt of 1,245 Crore and Unsustainable debt – 2491 Crore. 4 Shareholding, if any, in the entity with whom the National Asset Reconstruction Company agreement is executed Limited does not hold any shares in the Company. Please see note 5 below also. BGR Investment Holdings Company Limited holding 51% of shares of the BGR Energy Systems Limited. 5 Significant terms of the agreement (in brief) special  Repayment of Sustainable Debt in 4 rights like right to appoint directors, first right to share years i.e., by 30th September 2030. subscription in case of issuance of shares, right to  Allotment of 20 % of equity shares of the restrict any change in capital structure etc Company to NARCL on fully diluted basis.  Payment of such amounts to NARCL in connection with certain identified bank guarantees ("Identified BGs") assigned to NARCL, in the event of invocation or devolvement of such Identified BGs. REGISTERED OFFICE: E-4 PANNAMGADU INDUSTRIAL ESTATE, RAMAPURAM POST, TADA MANDALAM, TIRUPATHI DISTRICT, ANDHRA PRADESH 524401 INDIA. Corporate Identity Number: L40106AP1985PLC005318 BGR ENERGY SYSTEMS LIMITED 443 ANNA SALAI, TEYNAMPET, CHENNAI 600018 INDIA TEL: 91 44 24364422/24320390 E-mail: compliance@bgrenergy.com Web site: www.bgrcorp.com  Amounts recovered or to be recovered by the Company in relation to specified arbitration claims, receivables, awards and other claims, of which 75% shall be payable to NARCL in accordance with the terms of the MRA.  Right to appoint up to 2 Nominee Directors.  Constitution of a Monitoring Committee comprising representatives of the lender and the Company to oversee the implementation of the restructuring.  Continuation of existing security in favour of NARCL.  Right of first refusal in favour of the obligors (being the Company and the corporate guarantors party to the MRA), in the event NARCL proposes to sell or transfer all or part of the equity shares allotted to it in terms of the MRA. 6 Whether, the said parties are related to NARCL is not related to promoter / promoter promoter/promoter group/ group companies in any group / group companies in any manner. manner. If yes, nature of relationship; 7 Whether the transaction would fall within related party No transactions? If yes, whether the same is done at “arm’s length” 8 In case of issuance of shares to the parties, details of The issue/allotment of equity shares, if any, issue price, class of shares issued; is subject to completion of applicable corporate, regulatory and other approvals and the number of shares/issue price will be REGISTERED OFFICE: E-4 PANNAMGADU INDUSTRIAL ESTATE, RAMAPURAM POST, TADA MANDALAM, TIRUPATHI DISTRICT, ANDHRA PRADESH 524401 INDIA. Corporate Identity Number: L40106AP1985PLC005318 BGR ENERGY SYSTEMS LIMITED 443 ANNA SALAI, TEYNAMPET, CHENNAI 600018 INDIA TEL: 91 44 24364422/24320390 E-mail: compliance@bgrenergy.com Web site: www.bgrcorp.com 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 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 agreements, Not Applicable 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 agreement, Not Applicable 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 details of amendment and impact thereof or iv. reasons of termination and impact thereof REGISTERED OFFICE: E-4 PANNAMGADU INDUSTRIAL ESTATE, RAMAPURAM POST, TADA MANDALAM, TIRUPATHI DISTRICT, ANDHRA PRADESH 524401 INDIA. Corporate Identity Number: L40106AP1985PLC005318