General Updates

July 16, 2026 National Stock Exchange of India Limited (NSE) BSE Limited (BSE) Exchange Plaza, Phiroze Jeejeebhoy Towers, C-1, Block G, Bandra Kurla Complex, Dalal Street, Fort, Bandra (E), Mumbai - 400 051 Mumbai - 400 001 NSE Symbol: ELGIEQUIP BSE Scrip Code: 522074 Dear Sir/Madam, Subject: Intimation under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company’s wholly owned subsidiary, Elgi Compressors USA INC, has received a tariff refund from U.S. Customs and Border Protection (CBP) amounting to US$ 2.68 million, equivalent to approximately ₹ 25.6 crores. This is consequent to the US Supreme Court’s directives to the US Government to refund the excess tariff collected from the importers. The above intimation is also being hosted on the website of the Company at www.elgi.com. We request to kindly take the above intimation on records. Thanking you, Yours faithfully FOR ELGI EQUIPMENTS LIMITED ROHIT GUPTE COMPANY SECRETARY AND COMPLIANCE OFFICER MEMBERSHIP NO.: A12422