We wish to inform you that the Board of Directors approved the Re-Appointment of Mr. uday Kuverji Mota as managing director for a period of 5 years with effect from November 11 ,2026 to November 10, 2031 subject to approval of shareholders of the company in the general meeting.

TERRAFORM MAGNUM LIMITED Corporate Identity Number: L65990MH1982PLC040684 Regd. Off.: Godrej Coliseum, A-Wing 1301, 13th Floor, behind Everard Nagar, Off Eastern Express Highway, Sion (East), Mumbai 400 022. Tel: +91(22) 62704900 Web: www.terraformmagnum.com E-mail: secretarial@terraformrealty.com November 04, 2026 The Manager, Listing Compliance Department BSE Limited, P.J. Towers, Dalal Street, Mumbai- 400 001. Company Code: 506162 Dear Sir/Madam, Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Re- Appointment of Managing Director as Key Managerial Personnel of the company. Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 , we wish to inform you that the Board of Directors, based on the recommendation of Nomination & Remuneration Committee, approved the Re- appointment of Mr. Uday Kuverji Mota (DIN:08635338) as Managing Director, designated as Key Managerial Personnel of the Company for a period of 05 years with effect from November 11, 2026 to November 10, 2031 subject to the approval of Shareholders of the Company in the General Meeting. The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI circular No. HO/49/14/14(7)2025- CFDPOD2/l/3762/2026 dated January 30, 2026 as Annexure A. You are requested to kindly take the same on your record. Thanking You, Yours faithfully, FOR TERRAFORM MAGNUM LIMITED MR. HARSH SHEDGE COMPANY SECRETARY AND COMPLIANCE OFFICER MEMBERSHIP NUMBER: A79856 Encl: As above TERRAFORM MAGNUM LIMITED Corporate Identity Number: L65990MH1982PLC040684 Regd. Off.: Godrej Coliseum, A-Wing 1301, 13th Floor, behind Everard Nagar, Off Eastern Express Highway, Sion (East), Mumbai 400 022. Tel: +91(22) 62704900 Web: www.terraformmagnum.com E-mail: secretarial@terraformrealty.com Annexure A The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI circular No. HO/49/14/14(7)2025-CFD- POD2/l/3762/2026 dated January 30, 2026. Re-Appointment of Mr. Uday Kuverji Mota (DIN:08635338) as a Managing Director of the Company: Sr. No. Particulars Details 1. Reason for change viz. Appointment, The current term will be completed on re-appointment, resignation, removal, November 10, 2026. The Board considered death or otherwise. The recommendation of Nomination and Remuneration Committee and approved The Re- Appointment of Mr. Uday Kuverji Mota as a Managing Director of the Company W.e.f. November 11, 2026 Subject to shareholders approval in the General Meeting. 2. Date of Appointment / re-appointment Effective from November 11, 2026 / cessation (as applicable) / for a period of 05 years. term of re-appointment 3. Brief profile (in case of appointment) Mr. Uday Kuverji Mota has done his Higher Secondary Education from Mumbai. He has a total experience of 25 Years in the field of Real state. 4. Disclosure of Relationship between Not Applicable Directors (in case of appointment of Director) FOR TERRAFORM MAGNUM LIMITED MR. HARSH SHEDGE COMPANY SECRETARY AND COMPLIANCE OFFICER MEMBERSHIP NUMBER: A79856