Giving guarantees/indemnity/ becoming a surety for third party

Date: October 15, 2026 To To Listing Department Dept. of Corp. Services National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Dalal Street Bandra (E), Mumbai – 400 051 Mumbai- 400001 Symbol/Security ID: POWERMECH Security Code: 539302 Dear Sir/Madam, Sub: Intimation regarding Issuance of Corporate Guarantee ***** Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Power Mech Projects Limited (“the Company”) has issued a Corporate Guarantee on behalf of its subsidiary, Kalyaneswari Tasra Mining Private Limited (“KTMPL”). The said Corporate Guarantee, for an amount not exceeding Rs. 469 Crores (Rupees Four hundred and Sixty-nine Crores only), has been issued in favour of CTL Trusteeship Limited (acting as the Security Trustee) to secure the financing facilities availed by KTMPL towards project Capex (Coal Handling Plant, Railway siding, and R&R Colony Construction). The underlying credit facilities comprise loans from RBL Bank Limited (Rs. 175 Crores) and IDFC First Bank Limited (Rs. 294 Crores). Details required under the SEBI Listing Regulations read with the SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are provided in Annexure A to this letter This is for your kind information and take the same on record. For Power Mech Projects Limited M. Raghavendra Prasad Company Secretary and Compliance Officer Annexure A S.No Particulars Remarks 1 Name of party for which such Kalyaneswari Tasra Mining Private Limited (KTMPL), guarantees or indemnity or surety one of the subsidiaries of the Company was given 2 Whether the promoter/ promoter The promoter/promoter group/group companies of group/ group companies have the Company have no interest in the Transaction. any interest in this transaction? The transaction has been undertaken entirely on If yes, nature of interest and details thereof arm’s length basis. and whether the same is done at “arm’s length” 3 Brief details of such guarantee or The Company has issued a Corporate Guarantee in indemnity or becoming a surety favour of CTL Trusteeship Limited (acting as the viz. brief details of agreement Security Trustee) for an amount of Rs. 469 crores. entered (if any) including The Guarantee has been provided as security for the significant terms and conditions, underlying credit facilities availed by KTMPL including amount of guarantee comprise loans from RBL Bank Limited (Rs. 175 Crores) and IDFC First Bank Limited (Rs. 294 Crores). As per the terms, the Corporate Guarantee extended by the sponsor shall be released by September 1, 2035. 4 Impact of such guarantees or The issuance of the Corporate Guarantee does not indemnity or surety on listed have any immediate impact on the Company’s entity financial position. However, in the event that KTMPL is unable to meet its repayment obligations to the Lender, the Company may be required to honour the Guarantee. Accordingly, the Corporate Guarantee constitutes a contingent liability for the Company.