Outcome of Board Meeting

Date: 6th October 2026 To, To, BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Plot No. C/1 Dalal Street, G- block, Bandra- Kurla Complex Mumbai-400001. Bandra (E ), Mumbai-400051. Scrip Code: 517467 Scrip ID: MARSONS Sub.: Outcome of the Board Meeting held on Tuesday, 6th October 2026. Dear Sir/Madam, We wish to inform you that, pursuant to the provisions of Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), the Board of Directors of the Company at its meeting held today i.e., Tuesday, 6th October 2026, has inter alia considered and approved the following matters: 1. Approved the formation of a Joint Venture between Cleanhill Partners and Marsons Limited, in the form of a limited liability company to be formed in the United States, to import, market, sell, distribute and service Marsons transformers in the United States and Canada, and, in due course, to manufacture transformers for the United States and Canada markets, subject to execution of the Joint Venture Agreement and receipt of necessary approvals, if any. 2. Approved the authorisation of Mr. Harshvardhan Kotia, CEO of the Company, as the authorised signatory to negotiate, finalise and execute the Joint Venture Agreement and all other related documents for the formation of the aforesaid Joint Venture, and to take all necessary decisions and complete the required formalities in this regard. The meeting of the Board of Directors commenced at 15:00 (IST) and concluded at 15:45 (IST). We request you to kindly take the above information on your record. Thanking you, Yours Sincerely, For Marsons Limited Uttara Sharma Company Secretary M. No. A48464