Outcome of Board Meeting held on 08.10.2026 and Disclosure under Reg 30 of SEBI (LODR) Regulations, 2015

BHAGYANAGAR INDIA LIMITED 1SO-9001-2008 Certified Company Registered Office : Surana Group Plot No. 9/13/1 & P-9/14, |.D.A. Nacharam, Hyderabad -500 076. Telangana, India. Tel. : +91 40 27152861, 27151278 Fax : +91 40 27172140, 27818868 Email : bil@surana.com Website : www.bhagyanagarindia.com CIN No. : L27201TG1985PLC012449 BIL/SECT/57/2026-27 Date: 08™ October, 2026 The Secretary, The Secretary, National Stock Exchange of India Ltd., BSE Limited, Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (E), Dalal Street, Mumbai- 400 051 Mumbai- 400 001 Scrip Code: BHAGYANGR Serip Code: 512296 Dear Sir/Madam, Subject: Outcome of Board Meeting & Disclosures under Regulation 30 of the Securities and 2015 (“Listing Regulations™) We wish to inform you that pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015, the Board of Directors of the Company, at their meeting held today i.e., October 8, 2026, inter alia, have considered and approved the following: 1) Appointment of Non-Executive Non-Independent (Promoter) Director The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, approved the appointment of Shri Mangilal Narender Surana (DIN:00075086) as an Additional Director in the category of Non-Executive Non-Independent (Promoter) Director of the Company with effect from October 8, 2026, subject to approval of the members of the Company. Further, as per the requirement of the Circular No. List/Comp/14/2018-19 dated 20th June, 2018, issued by BSE on the subject of enforcement of SEBI Orders regarding appointment of Directors by listed companies, we hereby affirm that the Director being appointed is not debarred from holding the office of director by virtue of any order of SEBI or any other such authority. The details of information pursuant to Regulation 30 of the Listing Regulations read with the Master Circular No. HO/49/14/14(7)2025-CFDPOD2/1/3762/2026 dated 30th January 2026, issued by the Securities and Exchange Board of India (the “SEBI Circular”) is enclosed herewith as Annexure- I. 2) Resignation of Executive Director The Board of Directors took note of and accepted the resignation of Mr. Venkateswara Rao Nukala (DIN:10481800), Executive Director of the Company, from the office of Director of the Company with effect from the close of business hours on October 8, 2026. Further, he has confirmed that there are no other material reasons for the resignation other than those stated in his resignation letter. A copy of resignation Letter giving detailed reason for his resignation is attached as Annexure-Ill to this Disclosure. The Board of Directors and the Management of the Company place on record their sincere appreciation for the valuable contribution made by him during his association with the Company as Director. The details of information pursuant to Regulation 30 of the Listing Regulations read with the Master Circular No. HO/49/14/14(7)2025-CFDPOD2/1/3762/2026 dated 30th January 2026, issued by the Securities and Exchange Board of India (the “SEBI Circular”) is enclosed herewith as Annexure- I1. 3) Apportionment of cost of acquisition under the Composite Scheme of Arrangement The Board took note of the apportionment of cost of acquisition of equity shares under the Composite Scheme of Arrangement amongst Bhagyanagar Copper Private Limited, Bhagyanagar India Limited and Tieramet Limited. The NCLT, Hyderabad Bench sanctioned the Scheme by its order dated 07" September, 2026. The apportionment was computed under Sections 73(2)(c) and 73(2)(d) of the Income-tax Act, 2025 and certified by M/s. Luharuka & Associates, Chartered Accountants (FRN: 018828), Statutory Auditors. It is as follows: Particulars qu“iosfm;‘"gma] cost 1ok Equity shares of Tieramet Limited allotted under the Scheme 89.36% Equity shares of Bhagyanagar India Limited held 10.64% Total 100.00% The Independent Auditor’s Certificate on the computation of Cost of Acquisition of Equity shares under serial numbers 14 and 15 of the table in section 73(1) of the Income-Tax Act, 2025, consequent to the demerger of the copper undertaking into tieramet limited is attached as Annexure-1V. The above information is also being made available on the Company's website at www.bhagyanagarindia.com. The Board Meeting commenced at 6:00 P.M. and concluded at 6:40 P.M, This is for your information and records. Thanking you, Yours faithfully, For BHAGYANAGAR INDIA LIMITED DEVENDRA SURANA MANAGING DIRECTOR DIN-00077296 Annexure-1. The details of information pursuant to Regulation 30 of the Listing Regulations read with the Master Circular No. HO/49/14/14(7)2025-CFDPOD2/1/3762/2026 dated 30th January 2026, issued by the Securities and Exchange Board of India (the “SEBI Circular™) Name Shri Mangilal Narender Surana DIN 00075086 Reason for change viz. appointment, | Appointment of Shri Mangilal Narender Surana ignations; I-death therwise: as an Additional Director in the capacity of Non-Executive Non-Independent (Promoter) director w.e.f October 8, 2026. Date of appointment/ eessation (as | October 8,2026. applicable) Brief profile (in case of appointment) Shri. Mangilal Narender Surana is a Chemical Engineer. He has over 36 years of experience in the telecom cables, metals and solar industry. He has been the President of Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) and the past Chairman of the Federation of Indian Chambers of Commerce and Industry (FICCI). He was also the Founder President of Young Entrepreneurs Organization (Y.E.O), Hyderabad Chapter, India. Disclosure of relationships between directors Not related to any directors of the Company (in case of appointment ofa director) except Shri Devendra Surana. Annexure-11. The details of information pursuant to Regulation 30 of the Listing Regulations read with the Master Circular No. HO/49/14/14(7)2025-CFDPOD2/1/3762/2026 dated 30th January 2026, issued by the Securities and Exchange Board of India (the “SEBI Circular”) Name Mr. Venkateswara Rao Nukala DIN 10481800 Reason for change viz. appeintment; Resignation due to personal reasons. resignation, removal; death-or-otherwise: Date of appeintment! cessation (as w.e.f the close of business hours on October 8, applicable) 2026. Brief profile (in case of appointment) Not Applicable Disclosure of relationships between directors Not Applicable (in case of appointment ofa director) The letter of resignation along with detailed Enclosed herewith. reasons for resignation Annexure-lll Date: 08.10.2026 The Board of Directors, Bhagyanagar India Limited Plot No. 9/13/1 & P-9/14, IDA, Nacharam, Hyderabad-500076, Telangana Subject: Resignation from the Position of Executive Director | hereby tender my resignation from the position of Executive Director of Bhagyanagar India Limited, with effect from October 8, 2026, due to personal reasons. | confirm that there are no other material reasons for my resignation other than those stated above. I sincerely thank the Board of Directors and the management for providing me with the opportunity to serve the Company in these capacities. | am grateful for the support, cooperation, and guidance extended to me during my tenure. I will extend my full cooperation to the Company to ensure a smooth transition and handover of my responsibilities, duties, records, and other matters relating to my positions. | request the Board to kindly accept my resignation and take necessary steps to record the same and complete necessary filings with the Stock exchange and Registrar of Companies to give effect to my resignation. I wish the Company and the entire team continued success and growth in the future. Thanking You. Yours Sincerely, VENKATESWARA RAO NUKALA Executive Director DIN:10481800 A Luharuka 7 Associates Annexure-1V Chartered Accountants 5-4-188 7/3¢l4, 3 2nd Floor,R S oham Mansion, , M. M. G.G. Road,, RaRnanii,gu nj, SY derabad - E-m [Showing first 8,000 characters — download PDF for full document]