Press release for announcement of Certificate of Mandatory Conformance under the Manatory Testing and Certification of Telecom Equipment (MTCTE) framework from the Telecommunication Engineering Centre (TEC), Department of Telecommunications, Government of India

[l | 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 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, marking entry into the professional secure communication equipment market. 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. 24-2 B , Thandya 2nd phase, 439 Kalbadevi Road, Marine Lines, Millennium Business Park, Mahape, Chikkaiahnachatra Industrial Area, Murmbai - 400 002, Maharashtra (India) 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 J info@cwdin.com @ www.cwdin.com (0 +91-9029025141 [C] | cCWD LIMITED o Connected World. Connected Future. A PRE! RELEASE Mumbai, 11 November 2026 CWD Limited Expands Product Portfolio with MTCTE - Certified Digital Radio Equipment, Paving the Way for Government Tender Participation & Import Substitution 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 across industrial, infrastructure, utilities & public safety applications. With manufacturing capabilities already in place, the certification enables CWD to pursue government and institutional procurement opportunities in a market currently served by imported communication equipment. 3 Models 136-174 MHz 50w Made In India CP-721 (main model), Certified VHF Certified maximum CWD Limited as the CM711 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 CM?711 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 carries a validity period of ten years, extending until 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. Strategic Entry into Professional Communication Equipment With this certification, CWD marks its entry into the professional communication equipment market, opening opportunities across government agencies, public safety, utilities, transportation and industrial infrastructure. Digital Mobile Radio (DMR) is a digital standard for professional two-way radio communication, widely used in applications requiring reliable, secure and immediate voice connectivity. Depending on equipment and configuration, DMR systems support group and individual calling, efficient utilisation of radio spectrum and integration with repeaters and wider communication networks. MTCTE certification is a regulatory prerequisite for the sale and procurement of notified telecom equipment, including radio equipment in this category. With the certification now in place, CWD can commercialise its certified models in India and pursue government and institutional tender opportunities, subject to applicable technical requirements, tender-specific eligibility criteria and other regulatory approvals. Given that a significant portion of demand in this segment is currently served by international manufacturers and imported equipment, the certification presents an opportunity for CWD to participate in domestic procurement and expand its presence in the professional communication equipment market. With existing manufacturing capabilities already in place, the Company is well-positioned to pursue these opportunities while leveraging its established infrastructure and technological expertise. Office : Development Centre: 101, 15t Floor, Hasham Premji CHS, A 1406-1409, Rupa Solitaire Building, 8, Thandya 2nd phase, 439 Kalbadevi Road, Marine Lines, Millennium Business Park, Mahape, ra Industrial Ares, Mumbai - 400 002, Maharashtra (india). Ghansoli. Navi Mumbai - 400 710. Thandavapura Village, Hobii, Nanjangud Taiuk, Tel: +91 22 49799323 Maharashtra (India). Tel: 022 40069867 Mysuru District, Karnataka - 571302 CIN Number: L31900MH2016PLC281796 fo@cwdincom @ www.cwdin com 0 +s1020025181 [C] | cWD LIMITED o Connected World. Connected Future. [ N Expanding Addressable Market Across Key Institutional & Industrial Segments Professional DMR equipment serves organizations 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. Manufacturing Readiness & Government Procurement Opportunities CWD has already established the manufacturing capabilities required for its certified Digital Mobile Radio equipment. The receipt of MTCTE certification represents an important regulatory milestone, enabling the Company to pursue relevant government and institutional tender opportunities, subject to applicable eligibility criteria and approvals. The professional communication equipment market presents opportunities across government agencies, public safety, utilities, transportation and industrial infrastructure. With a significant portion of demand currently being addressed by international manufacturers and imported equipment, CWD sees an opportunity to strengthen its presence in domestic procurement through its Made-in-India product portfolio. The Company expects this product category to offer a margin profile broadly comparable to its existing portfolio, supporting revenue diversification while leveraging its established manufacturing infrastructure. The certificate identifies CWD Limited as both the applicant and the Original Equipment Manufacturer (OEM), with India designated as the country of origin and manufacturing undertaken at the Company's facility in Maharashtra. This development reinforces CWD's alignment with t [Showing first 8,000 characters — download PDF for full document]