Intimation of letter of Award

October 07, 2026 BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400 001 Scrip Code/ISIN : MEAPL | 539762 | INE250S01015 Subject : Intimation regarding letter of Award (LOA) under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015. Dear Sir/ Madam, In compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to announce that Modern Engineering and Projects Limited has been awarded the Letter of Award (LOA) from NEELACHAL ISPAT NIGAM LIMITED (NINL) for the Area Grading works at NINL Expansion Project. The details of aforesaid letter of Acceptance as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with relevant SEBI Circulars are enclosed as Annexure A. We request you to take the above on record. The above information is also available on the website of the Company i.e., www.mep.ltd. Kindly take the same on records. Thanking you. Yours faithfully, For Modern Engineering and Projects Limited Fattehsingh Krishnrao Patil Managing Director DIN: 10738344 Email id: md@mep.ltd Encl: As above Regd. Office: Unit no. 1106, 11th Floor, Hallmark Business Plaza, Near Guru Nanak Hospital, Bandra (E), Mumbai–400051 Annexure A Disclosures 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 Sr. Particulars Details of the Project 1 Name of the entity awarding the Order or NEELACHAL ISPAT NIGAM LIMITED Contract (NINL) 2 Significant terms and conditions of order(s) The Company is in receipt of Letter of Award /contract(s) awarded (LOA) dated 06th October 2026 from the NEELACHAL ISPAT NIGAM LIMITED (NINL) for the Area Grading works at NINL Expansion Project. This is an Item Rate Work Order and payment shall be regulated as per the actual quantities executed. Estimated Contract price for scope of work under this Work Order shall be Rs 113,26,49,000.00 (Rupees One Hundred Thirteen Crores Twenty-Six Lakhs and Forty- Nine Thousand only). The Contract price is net of Goods & Services Tax (GST) and applicable cess thereto. All other taxes and duties are included in Contract price. 3 Whether order(s) /contract(s) have been Domestic Entity awarded by domestic/ international entity 4 Nature of order's) / contract(s) Area Grading works at NINL Expansion Project 5 Whether Domestic or International Domestic 6 Time period by which the orders(s)/ contract) (6) Six months from the date of award of this is to be executed Work Order. 7 Broad consideration or size of the orders)/ Rs. 113,26,49,000.00 (Rupees One Hundred contract(s) Thirteen Crores Twenty-Six Lakhs and Forty- Nine Thousand only). 8 Whether the promoter/ promoter group / group companies have any interest in that entity to whom the order(s)/contract(s) is Not Applicable awarded If Yes, nature of interest and details thereof 9 Whether the order(s)/contract(s) would fall within Related Party Transactions If yes, Not Applicable whether the same is done at "arm's length" Regd. Office: Unit no. 1106, 11th Floor, Hallmark Business Plaza, Near Guru Nanak Hospital, Bandra (E), Mumbai–400051