The Company has secured its first development order for Vande Metro (Namo Bharat) trainset from Indian Railways.

HIRECT LIMITED (Formerly known as Hind Rectifiers Limited) July 25, 2026 BSE Limited National Stock Exchange of India Limited Phiroz Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai 400 001 Bandra (East) Mumbai 400 051 BSE Scrip Code: 504036 NSE Symbol: HIRECT Sub: Intimation under Regulation 30 of the SEBI Listing Regulations, 2015 Dear Sir/Madam, We are pleased to inform you that Hirect Limited (formerly known as Hind Rectifiers Limited) has secured its first development order for Vande Metro (Namo Bharat) trainset from Indian Railways. The details are as follows: Bagging/Receiving of orders/contracts: Name of the entity awarding the order(s)/ contract(s); Indian Railways Significant terms and conditions of order(s)/contract(s) awarded in As per T & C of Railway brief; Whether order(s)/contract(s) have been awarded by Domestic domestic/international entity; Nature of order(s) / contract(s); Supply Order Whether domestic or international; Domestic Time period by which the order(s)/ contract(s) is to be executed; Within 21 months Broad consideration or size of the order(s)/ contract(s); Approx Rs. 60 crores Whether the promoter/promoter group/group companies have any No interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof; Whether the order(s)/contract(s) would fall within related party No transactions? If yes, whether the same is done at “arms-length”. We request you take the above on record. Thanking you, Yours Faithfully, For Hirect Limited (Formerly known as Hind Rectifiers Limited) Suhas Pawar Company Secretary & Compliance Officer ACS-36560