This is to inform you that the Board of directors has inter alia approved the financials results for the half year and quarter ended 30th September, 2026 in the board meeting held today i.e. 30th October, 2026. The meeting commenced on 5:00 PM and concluded on 6:30 PM. You are requested to take the same on records.

Mahesh Developers Limited. (Erstwhile Mahesh Developers Pvt. Ltd.) (CIN NO. L45200MH2008PLC 186276) Registered Office: Uma Shikhar CHS LTD., Ground Floor, 13th Road, Behind Khar Tele, Exch., Khar West, Mumbai - 400 052, Maharastra India. Contact No. 9870667744 Email ID : mdplgroup@gmail.com Website : www.maheshdevelopers.in Date: October 30, 2026 The Department of Corporate Service Listing Compliance Bombay Stock Exchange Ltd. (BSE Ltd) Mumbai Phiroze Street, Mumbai -400001 Scrip Code: 542677 & Discl R : ) Regulation, 2015 Dear Sir/Madam, This is to inform you that pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, the Board of Directors at its meeting held today i.e. October 30, 2026 has inter-alia considered and approved the following business items: 1. Approved the Unaudited Financial Results (Standalone) for the Quarter & Half- Year ended 30 September, 2026, as recommended by the Audit Committee together with the Limited Review Report provided by the Auditor on the said Results. A copy of Financial Results, along with the Limited Review Report issued by the statutory auditors, is enclosed herewith. 2. Based on the recommendation of Nomination and Remuneration Committee, the Board of Directors of the Company at their meeting approved the appointment of Mr. Sunny Chowdhry (DIN: 05253580), as an Additional Director in the category of Executive Director of the Company w.ef. October 30, 2026, subject to approval of shareholders of the Company. The details required under Regulation 30 of the Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13 July, 2023 attached below as: Annexure A. 3. Based on the recommendation of Nomination and Remuneration Committee, the Board of Directors of the Company at their meeting approved the appointment of Mr. Ashutosh Beri (DIN: 00030642), as an Additional Director in the category of Non-Executive Director of the Company w.e.f. October 30, 2026, subject to approval of shareholders of the Company. The details required under Regulation 30 of the Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13 July, 2023 attached below as: Annexure B. 4. Board approved the Revision of the Proposal for Increase in Authorised Share Capital - To revise the proposal for increase in the Authorised Share Capital of the Company from Rs, 5,00,00,000 (Rupees Five Crores) to Rs. 25,00,00,000 (Rupees Twenty-Five Crores). The earlier approval obtained from the shareholders for increase in the Authorised Share Capital to Rs. 100,00,00,000 (Rupees One Hundred Crores) shall be treated as withdrawn, cancelled and of no effect. 5. Board approved the Proposal to raise funds up to Rs. 30,00,00,000 (Thirty Crores) by one or more instruments/ securities including by way of equity shares, securities convertible into equity shares of the Company or other eligible securities by way of preferential issue, qualified institutional placement, rights issue or any other permissible methods or combination thereoafs may be considered appropriate, subject to such statutory/regulatory approvals as may be Ef KHAR Nth\ MUMBAI : 4 | ‘ Mahesh Developers Limited. i f \ (Erstwhile Mahesh Developers Pvt. Ltd.) ~~ (CIN NO. L48200MI12008P LC 186276) Registered Office: Urn Shikhar CHS LTD Ground Floor, 1h Road, Behind Khar Tele Exch, Khar West, Mumbai - 400 052, Maharastra India Contact No. 9870667744 Email ID: mdplgroup@gmail.com Website: www maheshdevelopers.in actions in relation to the above as may be required. Further discussions shall be held and the details of the proposed fund raising shall be finalised and intimated accordingly. Approval for change in the Memorandum of Association & Articles of Association of the Company. Approval for convening of an Extra-Ordinary General Meeting of the Members of the Company for seeking their approval on all the aforesaid matters, as may be necessary. The meeting of Board of Directors of the Company commenced at 5:00 PM and concluded on 6:30 You are requested to take the same on your recoff.. Thanking you, av Managing Director DIN: 00414104 Mahesh Developers Limited. nh }a N (Erstwhile Mahesh Developers Pvt. Ltd.) (CIN NO. L45200MH 2008PLC 186276) Registered Office: Uma Shikhar CHS LTD., Ground Floor, 13th Road, Behind Khar Tele. Exch., Khar West, Mumbai - 400 052, Maharastra India Contact No. 9870667744 Email 1D : mdplgroup@gmail.com Website : www.maheshdevelopers.in The details as required pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No.; SEBI/HO/CFD/CFD-PoD- 1/P/CIR/2023/123 dated 13th July 2023 are provided below: AnnexureA S.No. | Particulars Details | 1 Name of Person Mr. Sunny Chowdhry | 2 Designation Addition al (Executive) Director Reason for change viz. Appointment as Additional (Executive) Director for a ; appointment, resignation, subject to the approval of shareholders of the Compan: removal, death or otherwise PP pany. 4 Date of appointment / cessation 30% Oct ober, 2026 (as applicable) A prove n executive and consensus builder, he combines vision and pragmatism with leading-edge experience across the commercial real estate, infrastructure, asset management and investment sectors. He specialises in Brief profile (in case of leading global real estate development projects (both 5 appointment) commercial and_ residential) and associated asset PP management: He has worked closely with operators of each project and financing department to analyse the assets’ performance to optimise operating and management cost, marketing channels and revenue streams. Disclosure of relationships 6 between directors (in case of None appointment of a director) AnnexureB S.No. | Particulars Details 1 Name of Person Mr. Ashu tosh Beri 2 Designation Addition al (Executive) Director Reason for change ve Appointment as Additional (Executive) Director for a 3 appointment, resignation, subject to the approval of shareholders of the Compan removal, death or otherwise } PP pany. 4 Date of appointment / cessation 30° Oct ober, 2026 (as applicable) He has Expertise in Strategic leadership, business set-up & growth, governance, mentoring, cost & efficiency. His education is in MSc, Madras University Exec. Masters, Intl 5 Brief profile (in case of Trade, IIFT Visiting faculty, RICS SBE. appointment) He is member in MRICS (since 2009) Ex-member BOMA, NFPA, IFMA Speaker: FICCI, ISCF. He is also Pioneer of organised property & facility management in India. Disclosure of relationships 6 between directors (in case of None appointment of a director) MAHESH DEVELOPERS LIMITED (FORMERLY KNOWN AS MAHESH DEVELOPERS PRIVATE LIMITED) REGD OFF: UMA SHIKHAR, 13TH ROAD, BEHIND KHAR TELEPHONE EXCHANGE KHAR WEST, MUMBAI 400052, INDIA E-mail: mdplgroup@gmail.com, Website: www.maheshdevelopers.com, Telephone: 022-26000038 CIN: L45200MH2008PLC186276 UNAUDITED BALANCE SHEET AS AT 30TH SEPTEMBER, 2026 As at 30/09/2026 As at 31/03/2026 ERAS (Unaudited) (Audited) Rs.in Lakhs Rs.in Lakhs Rs.in Lakhs Rs.in Lakhs ASSETS 1.)Non-current assets (a) Property, Plant and Equipment 319.29 319.30 (b) Inventory 2855.61 2,815.00 (c) Goodwill (d) Financial Assets (i) Loans and Advances - 9.95 9.95 (e) Other non-current assets 845.97 780.41 4,030.81 3,924.67 2.|Current assets (a) Financial Assets (i) Trade Receivable « (ii) Cash and Cash equivalents 72.81 74.66 (b) Other Current Assets 873.45 888.00 946.27 962.66 TOTAL 4,977.08 4,887.33 EQUITY AND LIABILITIES Equity (a) Equity Share Capital 415.20 415.20 (b) Other Equity (5.40) (5.95) 409.80 409.25 1.|Liabilities (a) Financial Liabilities (i) Borrowings 1164.65 1,164.65 1,164.65 1,164.65 2/Current Liabilities (a) Financial Liabilties (i) Trade payables 3233.32 3,138.57 (b) Provisions 169.31 174.86 (c) Other Current Liabilties - - 3,402.63 3,313.43 TOTAL 4,977.08 4,887.33 Significant accounting policies and notes to [Showing first 8,000 characters — download PDF for full document]