Updates

October 9, 2026 To To Sr. General Manager Sr. General Manager Department of Corporate Services Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street Bandra Kurla Complex Mumbai - 400001 Bandra (E), Mumbai - 400 051 Scrip Code: 544317 Scrip Symbol: TRANSRAILL Sub.: Intimation for allotment of Equity Shares pursuant to exercise of Stock Options under the Transrail Lighting Employees Stock Option Plan - 2023 (“ESOP 2023”) Dear Sir / Madam, Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”) and Regulation 10(c) of the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (“SEBI SBEB Regulations”), we wish to inform you that the Nomination and Remuneration Committee of the Company, at its meeting held on October 9, 2026 has allotted 2,58,800 fully paid-up equity shares of face value of Rs. 2/- each to eligible employee(s), pursuant to exercise of 51,760 Stock Options under the Transrail Lighting Employees Stock Option Plan 2023. Each Stock Option exercised is convertible into 5 (Five) equity shares of the Company. Consequent to the aforesaid allotment, the issued, subscribed and paid-up equity share capital of the Company stands increased as under: From To 13,42,56,025 Equity Shares of Rs. 2/- each 13,45,14,825 equity shares of Rs. 2/- each aggregating to Rs. 26,85,12,050/- aggregating to Rs. 26,90,29,650/- The equity shares allotted pursuant to exercise of the Stock Options shall rank pari passu with the existing equity shares of the Company in all respects. The details required to be furnished under Regulation 10(c) of the SEBI SBEB Regulations read with Part E of Schedule I thereto are enclosed as Annexure I. Further the details required 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 is enclosed as Annexure II. Kindly take the same on record. For Transrail Lighting Limited Monica Gandhi Company Secretary & Compliance Officer Encl: 1. Annexure I 2. Annexure II TRANSRAIL LIGHTING LIMITED Corporate & Registered Office: 501 A, B, C, E, Fortune 2000, Block-G, Bandra Kurla Complex, Bandra East, Mumbai - 400051, Maharashtra, India Tel: +91 22 61979600 | Web: www.transrail.in | CIN: L31506MH2008PLC179012 Annexure - I Disclosure pursuant to Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 Particulars Remarks 1. Company name and address of Transrail Lighting Limited Registered Office Registered Office: 501 A,B,C,E Fortune 2000, Block G Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra, India, 400051 2. Name of the recognised Stock BSE Limited (BSE) Exchanges on which the Company's shares are listed National Stock Exchange of India Limited (NSE) 3. Filing date of the statement Filing date: December 11, 2025 referred to in Regulation 10(b) of the SEBI (Share Based Employee In-principle approval date: January 23, 2026 Benefits and Sweat Equity) Regulations, 2021 with the recognised Stock Exchange 4. Filing Number, if any BSE: 252643 NSE: 52139 5. Title of the Scheme pursuant to Transrail Lighting Employees Stock Option Plan 2023 which shares are issued, if any 6. Kind of security to be listed Equity Shares 7. Par value of the shares Rs. 2/- per equity share 8. Date of issue of shares October 9, 2026 9. Number of shares issued 2,58,800 Equity Shares 10. Share Certificate No., if applicable Not Applicable 11. Distinctive number of the shares, if From 13,42,56,026 to 13,45,14,825 applicable (Both inclusive) 12. ISIN Number of the shares, if INE454P01035 issued in Demat 13. Exercise price per share Rs. 140.40 per equity share, being Rs. 702 per Stock Option; each Stock Option is convertible into 5 equity shares 14. Premium per share Rs. 138.40 per equity share TRANSRAIL LIGHTING LIMITED Corporate & Registered Office: 501 A, B, C, E, Fortune 2000, Block-G, Bandra Kurla Complex, Bandra East, Mumbai - 400051, Maharashtra, India Tel: +91 22 61979600 | Web: www.transrail.in | CIN: L31506MH2008PLC179012 15. Total issued shares after this issue 13,45,14,825 Equity Shares 16. Total issued share capital after this Rs. 26,90,29,650/- issue 17. Details of any lock-in on the shares Not Applicable 18. Date of expiry of lock-in Not Applicable 19. Whether shares are identical in all The equity shares allotted pursuant to exercise of Stock respects to existing shares? If not, Options shall rank pari passu with the existing equity when will they become identical? shares of the Company in all respects. 20. Details of listing fees, if payable Not Applicable TRANSRAIL LIGHTING LIMITED Corporate & Registered Office: 501 A, B, C, E, Fortune 2000, Block-G, Bandra Kurla Complex, Bandra East, Mumbai - 400051, Maharashtra, India Tel: +91 22 61979600 | Web: www.transrail.in | CIN: L31506MH2008PLC179012 Annexure - II Disclosure of Information under SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Particulars Remarks 1. Brief details of options granted The Nomination and Remuneration Committee at its meeting held on October 9, 2026, has allotted 2,58,800 Equity Shares of Rs. 2/- each arising out of exercise of 51,760 options from 40% vested options 2. Whether the scheme is in terms of Yes SEBI (SBEB) Regulations, 2021 (if applicable) 3. Total number of shares covered by 2,58,800 these options 4. Pricing formula The exercise price shall be the fair market value of the Equity share of the Company as determined by the Independent valuer on the date of grant in accordance with ESOP 2023 5. Options vested 81,640 (out of 1,06,580) 6. Time within which option may be From September 8, 2026 to September 07, 2028 exercised 7. Options exercised 51,760 8. Money realized by exercise of Rs. 3,63,35,520 options 9. The total number of shares arising 2,58,800 as a result of exercise of option 10. Options lapsed 24,940 (out of 1,06,580) 11. Variation of terms of options There is no variation in the terms of the options granted 12. Brief details of significant terms The options are personal to the grantees and are non- transferable. Each Stock Option is convertible into 5 equity shares of face value ₹2 each, subject to vesting and exercise in accordance with ESOP 2023. Vesting shall be in three tranches of 40%, 30% and 30% after completion of 36 months, 48 months and 60 months, respectively, from the Grant Date, subject to uninterrupted employment and other terms of ESOP 2023. 13. Subsequent changes or Not applicable cancellation or exercise of such options 14. Diluted earnings per share 8.22 pursuant to issue of equity shares on exercise of options (Provisional) *Profit for the period June 2026 is considered for calculation on Diluted EPS and the figure is not annualized TRANSRAIL LIGHTING LIMITED Corporate & Registered Office: 501 A, B, C, E, Fortune 2000, Block-G, Bandra Kurla Complex, Bandra East, Mumbai - 400051, Maharashtra, India Tel: +91 22 61979600 | Web: www.transrail.in | CIN: L31506MH2008PLC179012