Outcome of Board Meeting

Ref: MEIL/SEC/2026-27/56 4th November, 2026 National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051 Symbol: MARINE Dear Sir Subject: Outcome of Board Meeting in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements), 2015 (‘Listing Regulations’), we wish to inform that the Board of Directors of the Company at its meeting held today i.e. on 4th November, 2026 inter - alia considered and approved the following: 1) Unaudited (Standalone and Consolidated ) Financial Results of the Company for the quarter and half year ended 30th September, 2026, along with the Limited Review Report thereon issued by the Statutory Auditors of the Company. (Annexure-A) 2) Approved the conversion of the loan/current capital extended to MEL Heavy Industries Private Limited (formerly known as Narhari Engineering Works – Partnership Firm), a subsidiary of Marine Electricals (India) Limited, into equity, for an amount not exceeding ₹17 crore in one or more tranches. Further, the General Purpose Committee is authorised to take all necessary actions and execute the requisite documents to give effect to the aforesaid transaction. (Annexure-B) The Meeting of the Board of Directors started at 4:00 p.m. and concluded at 4:40 p.m. You are requested to take the above information on record. For Marine Electrcals (India) Limited Deep Shah Company Secretary & Compliance Of(cid:976)icer ACS: 61488