Notice of 44th AGM of the members of Eicher Motors Limited

July 25, 2026 Online intimation/submission The Secretary The Secretary BSE Limited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Plot No.C/1, Dalal Street G Block, Bandra Kurla Complex, Bandra (E) Mumbai-400 001 Mumbai-400 051 Security Code: 505200 Symbol: EICHERMOT Ref: Disclosure under Regulations 30 and 34 of the SEBI (LODR) Regulations, 2015 Subject: Integrated Annual Report for the financial year 2025-26 and Notice of the 44th Annual General Meeting Dear Sir/Madam, Pursuant to Regulations 30 and 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached Integrated Annual Report of Eicher Motors Limited (“the Company”) including the Business Responsibility and Sustainability Report for the financial year 2025-26 along with Notice of the 44th Annual General Meeting of the Company scheduled to be held on Thursday, August 20, 2026 at 4.30 p.m. Indian Standard Time, through Video Conferencing (VC)/ Other Audio Visual Means (OAVM). The Notice of Annual General Meeting forms part of the Integrated Annual Report of the Company for the financial year ended on March 31, 2026 and the same is being sent to the shareholders through electronic mode on their registered e-mail ids and is also available on the website of the Company at www.eichermotors.com. Further, pursuant to Regulation 36(1)(b) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a letter containing the web-link including the exact path of the website of the Company where the Notice of the 44th Annual General Meeting and the Annual Report can be accessed is being sent to the shareholders whose email id are not registered with the Company/RTA/Depository participant(s). This is for your information and records. Thanking you, For Eicher Motors Limited Atul Sharma Company Secretary Encl.: as above Eicher Motors Limited Registered Office Corporate Office: CIN: L34102DL1982PLC129877 #96, Sector – 32 Office No.1111, 11th Floor, Ashoka Estate Gurugram – 122 001 Plot No. 24, Barakhamba Road Haryana, India New Delhi-110 001, India Tel +91 124 4415600 Tel +91-11-41095173 Email: info@eichermotors.com INTEGRATED ANNUAL REPORT 2026 Flying Flea C6 B2 ul0 l2 et5 6 5 0 2025 Thund2 e0 r1 b2 ird 500 Contine2 n0 ta13 l GT 535 4 2 0 2ssi ac lC3 5 n0 a o G2024 Classic 20022002 B 05u 3l dl ribe rt e dS ni ux ht Ty-5 ExportS 50c 2591my rB Aul l ne at id3 n 85 I0 491 19 05 52 teM lluo Bd e sl laR iE rT2 125 C 1l 92 M5a e3 t0 s eo0 s r i8 7c 0 0500 Bullet S19 c5 ra5 mbler 500 Super M19 e5 t6 eor 700 Constella19 ti5 o9 n 700Himala C2 y ru0 a san1 d6 e4 S1 p1 o1 r9 t6 SI un pet re Mer tc eoe Aip rflot w2 9 706 00 r 1 68 50 Continental G2 T0 61 58 0 M e te o 0r 53 35 0 cissalC2 0 2 0 1202 20 5 6 r a e B 000 5 235 gninthgiL 9le 9s 9e 1iD suruaT cc0 745 93 G ledoM W 057 II seireS rot 0p 7e 9c 1retnI 371 aprehS 5691 marcS 2202 45 24 a 2llirreu 00 95 8 t 9ro 1pxE telluB 2 92 8 A 9F 1OM 053 dradnatS telluB )tropxE 7K 9U 1( telluB ret 2n 2u 0H 6891 n 0u 2gtohS roete 3M 2epuS 054 n 3a 2y 0a 2lamiH 053 t 2e 0ll 2uB VHO 051 T ledoM 8391 telluB 053 9G l 3e 91doM aelF gniylF E 3R 4/D 9W ledoM II 053 OC/ 1D 4W 9 1IIWW 1932 Model LF Bullet 500 Model Z1 C9 y3 c3 ar 150 9291 ort ps S V 2- 8T 1w i len d9 o7 M6 64 73 9st 1ropS VHOM 1o 51 d 39 e l l2 ed39 o5 M0 Side-Valve 190 T1 he Royal Enfield Belt Drive 2.219 50 h4 p Motor Bicycle Model 145 Ligh1 t9 w10 eight V-Twin 2.75 hp W 02o lr eks c pe hr 51 2.9 214 6191LO Bullet 51 09 035 Special Competition Model 51 0 09 4110 XK le3 do6 7391 Con 0t 5in 2 e Tn G t la19 84n 9i 1wT 005 stropS p 5h 2 5 97 1.2 253 ledoM 522 ledoM seidaL A 102 ledoM noitanibmoC ph 18 20 9191 ledoM 4291 Bu2 ll0 e0 2 Electra 350 HISTORY For 125 years, Royal Enfield has been guided by a simple yet enduring belief: that motorcycling is not just about going from A to B, it’s about how the ride makes you feel. This conviction has shaped every machine we’ve built, every community we’ve nurtured and every journey we’ve enabled across generations of riders. Reaching this milestone tells the story of a company that has continuously evolved with the times while staying rooted in its core philosophy. From humble beginnings — one machine, one market, one idea — we have grown into a global force. Today, we are present in more than 80 countries, with a portfolio that spans roadsters, cruisers, adventure tourers and now, electric motorcycles. From one motorcycle to many. From India to the world. This is more than just growth; it is a transformation achieved without ever losing sight of who we are. Our geography alone tells a remarkable story. What began in Britain and found its home in India has since travelled across GLOBAL continents — taking root in the mountain communities of the Himalayas, the coastal highways of Latin America, the city streets of Southeast Asia and the open highways of Europe and Australia. Today, Royal Enfield is the undisputed leader in the global midsize motorcycle segment, not because we chased every market, but because we built something authentic. Our motorcycles are built with purpose, not just precision. Riders in Brazil, Thailand and New Zealand are FOOTPRINT drawn to the same thing that captivated riders in Chennai and Chandigarh decades ago. Our journey is one of quiet, continuous evolution. From the legendary Bullet — the longest-running motorcycle in continuous production — to the Himalayan, which created a new category of accessible adventure; from the 650 Twins, which cemented our global leadership, to the Flying Flea, our first foray into electric mobility. Each generation of motorcycles has reflected its era while honouring what came before. And through it all, our Royal Enfield community has always been part of the process, shaping our motorcycles through their experiences, feedback and journeys. Royal Enfield motorcycles have always been built for riders, by riders. EVOLUTION The relationship between company and our community is the foundation of everything we do. It has grown organically over 125 years and cannot be manufactured or marketed — only nurtured. Our community does not just ride our motorcycles; it carries the culture forward. It brings the joy of Pure Motorcycling to every corner of the earth, ensuring this visceral experience finds everyone who seeks it. In its 125th year, Royal Enfield continues to deliver consistent growth, record revenues and a brand value that ranks among the strongest in the global automotive industry. But what no balance sheet can capture is the millions of riders across the COMMUNITY world who do not just own a Royal Enfield, but belong to a global community because of it. This is the truest measure of our 125 years. Not the numbers, but the feeling those numbers represent. This is our legacy. This is our foundation. And this is where our next chapter begins. & FUTURE Pure Motorcycling since 1901. FY 2025-26 CONTENTS 1. 2. 3. 5. CORPORATE OVERVIEW INTEGRATED REPORT MANAGEMENT REVIEW FINANCIAL STATEMENTS 2 Key Highlights of the Year 18 Message from MD, Eicher Motors 58 Regional Rides 82 Value Creation Model 156 Management Discussion 282 Standalone Financial Statements 4 About the Report Limited and CEO, Royal Enfield 60 Motorsports and Customs 84 Operating Environment and Analysis 376 Consolidated Financial Statements 6 About Eicher Motors Limited 22 Royal Enfield Highlights 64 Beyond Borders 86 Stakeholder Engagement 12 M essage from Executive 26 Petrol Motorcycles 66 APAC Highlights 90 Materiality Chairman, Eicher Motors Limited 38 Electric Two-Wheelers 68 A mericas Highlights 94 Risk Management 4. 6. STATUTORY REPORTS VECV PERFORMANCE 16 Message from Executive Vice 44 Royal Enfield Apparel 70 EMEA Highlights 98 Financial Capital Chairman, Eicher Motors 48 Royal Enfield Accessories 71 S AARC Highlights 104 Manufactured Capital 184 Business Responsibility and 476 Performance Highlights Limited (EML) and Chairman 50 Pure Motorcycling [Showing first 8,000 characters — download PDF for full document]