Outcome of Board Meeting

22nd June, 2026 The Manager (Listing), The Manager (Listing), The BSE Ltd. National Stock Exchange of India Ltd. Mumbai Mumbai Company’s Scrip Code: 505700 Company’s Scrip Code: ELECON Sub. : Outcome of Board Meeting held on Monday, 22nd June, 2026 Ref. : Regulations 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, In terms of the subject referred Regulation, this is to inform you that the Board of Directors of the Company at its meeting held today i.e. on 22nd June, 2026, inter alia: 1. has, based on the recommendation of Nomination & Remuneration Committee, approved the appointment of Mr. Pranav C. Amin (DIN: 00245099) as an Additional Director designated as Non-Executive & Independent Director of the Company with effect from 22nd June, 2026 and subject to the approval of the Members of the Company by way of Special Resolution, for his second term of five (5) consecutive years, not liable to retire by rotation. In accordance with the circular dated 20th June, 2018 issued by the Stock Exchanges, we confirm that Mr. Pranav C. Amin is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other regulatory authority. Further, he is not related to any Director of the Company and satisfies the criteria of independence as prescribed under the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The requisite disclosures as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Circular no. SEBI/ HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 are provided in Annexure-A. 2. has approved the re-constitution of the Committees of the Board of Directors of the Company with effect from 22nd June, 2026. The detail of updated composition of the Committees is provided in Annexure B. The meeting was commenced at 5:10 p.m. and concluded at 5:25 p.m. You are requested to take the same on your records. Thanking you, Yours faithfully, For Elecon Engineering Company Limited, Bharti Isarani Company Secretary & Compliance Officer Encl.: As above Annexure – A Details pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026: The details of the Director are as under: Details of events those Mr. Pranav C. Amin (DIN: 00245099) need to be provided Reason for change viz. Appointment appointment, resignation, removal, death or otherwise; Date of appointment Effective from 22nd June, 2026 Term of Appointment The first term of five (5) consecutive years of Mr. Pranav C. Amin expired on 26th May, 2026. Consequently, he ceased to be a Director of the Company with effect from 27th May, 2026. In view of the above, based on the recommendation of Nomination & Remuneration Committee, the Board at its meeting held on 22nd June, 2026, approved the appointment of Mr. Pranav C. Amin as an Additional Director designated as a Non-Executive & Independent Director of the Company with effect from 22nd June, 2026 and subject to the approval of the Members of the Company by way of Special Resolution, for his second term of five (5) consecutive years, not liable to retire by rotation. Brief Profile (in case of Mr. Pranav C. Amin holds a degree in Economics/Industrial appointment) Management from Carnegie Mellon University in Pittsburgh, USA and a Master in Business Administration with a focus on International Management from The American Graduate School of International Management Thunderbird, USA. He currently is the Managing Director of Alembic Pharmaceuticals Limited. A strong people leader, Mr. Amin guides his organization by fostering involvement, empowerment and autonomy. Disclosure of relationships He is not related to any of the Directors of the Company. between directors Annexure B Composition of Committees of Board of Director of the Company are as detailed hereunder:- 1. Audit Committee: Sr. Name of the Committee Members Designation 1 Mr. Ashutosh A. Pednekar Chairman (Independent & Non-Executive Director) 2 Mr. Nirmal P. Bhogilal Member (Independent & Non-Executive Director) 3 Mr. Pradip M. Patel Member (Non-Independent & Non-Executive Director) 4 Mr. Pranav C. Amin Member (Independent & Non-Executive Director) 2. Nomination & Remuneration Committee: Sr. Name of the Committee Members Designation 1 Mr. Nirmal P. Bhogilal Chairman (Independent & Non-Executive Director) 2 Mrs. Natasha K. Treasurywala Member (Independent & Non-Executive Director) 3 Mr. Pradip M. Patel Member (Non-Independent & Non-Executive Director) 4 Mr. Pranav C. Amin Member (Independent & Non-Executive Director) 3. Corporate Social Responsibility Committee: Sr. Name of the Committee Members Designation 1 Mr. Pranav C. Amin Chairman (Independent & Non-Executive Director) 2 Mr. Prayasvin B. Patel Member (Non-Independent & Executive Director) 3 Mr. Prashant C. Amin Member (Non-Independent & Non-Executive Director)