Press Release for announcement of Government Certification received from the Government of India by CWD Limited

€] | cWD LIMITED ' MAKE IN INDIR Connected World. Connected Future. November 11, 2026 BSE Limited Listing Department P.J. Towers, Dalal Street, Fort, Mumbai- 400 001 Scrip Code: 543378 Subject: Press Release for announcement of Government Certification received from the Government of India by CWD Limited. Dear Sir(s)/ Madam, In pursuance of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform all our stakeholders that, CWD Limited has received Government Certification for Its Made-in-India Digital Mobile Radio Equipment, Marking Entry into a New Business Vertical, from the Government of India. The Press release for the same is enclosed herewith. ‘We request you to take note of the same. For CWD Limited Mr. Tejas Kothari Jt. Managing Director DIN: 01308288 Regd. Office: Development Centre : Factory: 101, 15t Floor, Hasham Premji CHS A 1406-1409, Rupa Solitaire Building, Plot No. 242 - B, Thandya 2nd phase, 439 Kalbadevi Road, Marine Lines, Millennium Business Park, Mahape, Chikkaiahnachatra Industrial Area, Mumbai - 400 002, Maharashtra (Inda) Ghansoli, Navi Mumbai - 400 710. Thandavapura Village, Hobli, Nanjangud Taluk, Tel: +91 2249799323 Maharashtra (India). Tel: 022 40069867 Mysuru District, Karnataka - 571302 CIN Number: L31900MH2016PLC281796 B2 info@cwdincom @ www.cwdin.com (0 +91-9029025141 Ic] | cWD LIMITED Connected World. Connected Future. PRESS RELEASE Mumbai, 11 November 2026 CWD Limited Secures Government Certification for Its Made-in-India Digital Mobile Radio Equipment, Marking Entry into a New Business Vertical Certification from the Department of Telecommunications covers three DMR radio models, CP-721, CM711 and CR777, manufactured by CWD in India, marking the Company's entry into professional secure communications. 3 models 136-174 MHz 50 W Made in India CP-721 (main model), Certified VHF Certified maximum CWD Limited as the CM71l and CR777 frequency of operation transmit power original equipment manufacturer Mumbai, 11 November 2026: CWD Limited (BSE: 543378), a technology-driven Indian company, is pleased to announce that it has received a Certificate of Mandatory Conformance under the Mandatory Testing and Certification of Telecom Equipment (MTCTE) framework from the Telecommunication Engineering Centre (TEC), Department of Telecommunications, Government of India, for its Digital Mobile Radio (DMR) equipment. The certification marks CWD's entry into the professional secure communication equipment market. The certificate covers three models in the VHF UHF Baseband Equipment with Radio category: CP-721 as the main model, and CM711 and CR777 as associated models. The certified equipment uses DMR technology, operates in the 136-174 MHz VHF band and has a certified transmit power of up to 50 W. The certificate was issued on 5 November 2026 and is valid for ten years, until 4 November 2036. The certificate confirms that the specified models conform to the Essential Requirements prescribed by TEC, which cover electrical safety, electromagnetic compatibility (EMI/EMC), radio-frequency performance, frequency of operation and transmit power. Entry into professional secure communications With this certification, CWD enters the market for professional secure communications. DMR is a digital standard for professional two-way radio, used where reliable, secure and immediate voice communication is essential. Depending on equipment and configuration, DMR systems support group and individual calling, efficient use of radio spectrum and integration with repeaters and wider radio networks. MTCTE certification is a regulatory prerequisite for the sale and procurement of notified telecom equipment, including radio equipment of this category. With the certificate in place, CWD can commercialise the certified models in India and participate in procurement processes for such equipment where applicable, subject to each buyer's eligibility and technical requirements and to other applicable approvals. Regd. Office : Development Centre: Factory: 101, Ist Floor, Hasham Premji CHS, A 14061409, Rupa Soltaire Building, Plot No. 242 - 8, Thandya 2nd phase, 439 Kalbadevi Road, Marine Lines, Millennium Business Park, Mahape, Chikkaiahnachatra Industrial Area, Mumbai - 400 002, Maharashtra (india) Ghansoli, Navi Mumbai - 400 710. Thandavapura Village, Hobli, Nanjangud Taluk, Tel: +91 22 49799323 Maharashtra (India). Tel: 022 40069867 Mysuru District, Karnataka - 571302 CIN Number: L31900MH2016PLC281796 9 info@cwdincom @ www.cwdin.com (0 +919029025141 ¢l | cwp LIMITED Opportunities across professional communication segments Professional DMR equipment serves organisations that depend on dependable voice communication across teams and locations. Potential segments for CWD include: Public safety and policing Utilities and energy Industrial infrastructure Communication for police, Field operations and maintenance Coordination across plants, emergency response and disaster across power, water and gas mines, ports and large industrial management teams. networks. sites. Transportation Security and facilities Construction and projects Operations across railways, metro Security and facility teams at Coordination across large systems, airports and logistics campuses, warehouses and construction and infrastructure hubs. commercial sites. project sites. These are potential applications of professional radio equipment and do not indicate existing orders or customer relationships. Domestic manufacturing and Make in India The certificate identifies CWD Limited as both the applicant and the original equipment manufacturer (OEM). It declares India as the country of origin and the country of manufacturing, with manufacturing by CWD in Maharashtra. The certificate is valid for the certified products manufactured in India as declared. The certification supports the Government of India's Make in India and Atmanirbhar Bharat initiatives, which aim to build domestic manufacturing capability in electronics and telecom equipment. CWD is progressively moving towards higher-value, technology-intensive products, with a focus on import substitution, new manufacturing capabilities in India and greater control across the value chain. The Company believes these will be key drivers of its next phase of growth. MANAGEMENT COMMENTARY “Securing this certification is a significant achievement for CWD and another important milestone in our Jjourney towards a stronger presence in the specialised communication equipment space, marking our entry into professional DMR communications. We are consciously moving towards higher-value product categories, with a strategic focus on products that offer import substitution opportunities and represent new manufacturing capabilities in India. Our objective is to strengthen our product capabilities, deepen our technological expertise and establish greater control across the value chain. We believe this certification strengthens our market positioning and creates opportunities for wider commercial adoption of our products. We expect this development to support our growth in the second half of the current financial year and in the periods ahead. We will continue to develop and introduce products built on advanced technologies, both by enhancing our existing portfolio and by entering new, high-potential categories, while creating sustainable long-term value for all our stakeholders.” Mr. Siddhartha Xavier - Mr. Tejas Kothari Promoters, CWD Limited CWD Limited | CIN: L31900MH2016PLC281796 | BSE: 543378 | www.cwdin.com 2 €] | cwp LIMITED Connected Worid. Connected Future. About CWD Limited CWD Limited is an Indian technology company that designs, develops and manufactures technology-led solutions across wireless communication, connected devices and electronics. Its portfolio spans fintech hardware, smart infrastructure, loT-enabled monitoring solutions and communication equipment, now including professional DMR ra [Showing first 8,000 characters — download PDF for full document]