Change in designation of the Director from Executive Director to Non-Executive Non-Independent Director

MEGA FIN (INDIA) LIMITED CIN NO. L65990MH1982PLC027165 Email: company.world05@gmail.com / teamsecretarial@arshiyalimited.com Tel: 022- 42305500/502 Fax: 022 42305555, Website: www.megafin.in 17th Floor, A-Wing, Mittal Tower, Nariman Point, Mumbai City, Mumbai – 400021 Date: 17-10-2026 BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai- 400001 Scrip Code: 532105 Sub.: Intimation for Re-designation of Ms. Shweta Atul Phanse (DIN: 07146218), pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 Dear Sir / Madam, Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform the Board of Directors of Mega Fin (India) Limited at its meeting held today, i.e. October 17, 2026, considered and approved the following:  Change in designation of Ms. Shweta Atul Phanse (DIN: 07146218) from Executive Director, liable to retire by rotation to Non-Executive Non-Independent Director, liable to retire by rotation. Ms. Shweta Atul Phanse (DIN: 07146218) has expressed her inability to continue serving in her current capacity as an Executive Director of the Company due to her current commitments and has accordingly requested the Board of Directors to change her designation from Executive Director to Non-Executive Non-Independent Director of the Company. Considering that she has been providing professional services to the Company and would continue to contribute through strategic guidance and advisory support, the Board of Directors, at its meeting held today, considered and approved the change in her designation from Executive Director to Non- Executive Non-Independent Director of the Company, liable to retire by rotation, subject to the approval of the Members of the Company, wherever required. She has confirmed that there are no other material reasons for the proposed change in designation other than those stated above. Further, in terms of BSE Circular bearing Reference No. List/Comp/14/2018-19 dated June 20, 2018, we confirm that she is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other such authority. The details as required under Regulation 30 read with Schedule III of the Listing Regulations and SEBI Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed as Annexure. The meeting commenced at 04:00 P.M. (IST) and concluded at 04:30 P.M. (IST). You are requested to kindly take the above information on record. Thanking you, For Mega Fin (India) Limited Archana Maheshwari Non-Executive Independent Director DIN – 09180967 MEGA FIN (INDIA) LIMITED CIN NO. L65990MH1982PLC027165 Email: company.world05@gmail.com / teamsecretarial@arshiyalimited.com Tel: 022- 42305500/502 Fax: 022 42305555, Website: www.megafin.in 17th Floor, A-Wing, Mittal Tower, Nariman Point, Mumbai City, Mumbai – 400021 Annexure The details as required under Regulation 30 read with Schedule III of the Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026 Sr. No. Particulars Ms. Shweta Atul Phanse (DIN: 07146218) 1. Reason for change viz. appointment, re- Change in designation of Ms. Shweta Atul appointment resignation, removal, death Phanse Executive director of the Company as or otherwise; a Non-Executive Non-Independent Director. 2. Date of appointment / cessation (as Change in designation w.e.f., October 17, applicable) & term of appointment / re- 2026, and shall be liable to retire by rotation, appointment; in terms of Section 152(6) of the Companies Act, 2013 3. Brief profile (in case of appointment) Not applicable 4. Disclosure of relationships between Not applicable directors (in case of appointment of a director) 5. Information as required pursuant to BSE Ms. Shweta Atul Phanse is not debarred from circular with ref No. holding the office of director by virtue of any LIST/COMP/14/2018-19 and the NSE SEBI order or any other such Authority. with ref No NSE/CM/2018/24 dated June 20, 2018