Defaults on Payment of Interest/Principal

( INDIA) LTD. Ref. No.: EIL/SD/SEBI_Cir/Default/2026-2027/3007 Date: 30th July, 2026 To, To, General Manager (Listing), Listing Department BSE Ltd. National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra – Kurla Complex, Dalal Street, Fort, Mumbai – 400 001 Bandra (East), Mumbai – 400 051 COMPANY CODE : 526608 COMPANY CODE : ELECTHERM Dear Sir / Madam, Sub: Disclosure of default on payment of interest / repayment of principal amount on loans from Banks / Financial Institutions With reference to above and pursuant to the SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated 30th January, 2026, we enclose herewith disclosure of the default on payment of interest / repayment of principal amount on loans from banks / financial institutions as per Para 5.1. of Section V-B of the said SEBI Master Circular. You are requested to please take the same on your record. Thanking you, Yours faithfully, For Electrotherm (India) Limited Amit Kumar Patwarika Chief Financial Officer Membership No.: A067311 ELECTROTHERM (India) Limited REGD. OFFICE: 502, Parshwa Tower, Opp. Tej Motors, Nr. Madhur Hotel, HEAD OFFICE & WORKS: Sarkhej Gandhinagar Highway, Survey No. 72, Palodia, (Via Thaltej, Ahmedabad), Gujarat-382115, India. Bodakdev, Ahmedabad – 380054 Phone: +91-2717-660550 Phone: +91-79-2717-660550 Email: ho@electrotherm.com│Website: www.electrotherm.com CIN : L29249GJ1986PLC009126 Email: sec@electrotherm.com Other Offices: AngulBanglore Bangladesh  Bellary  Chennai  Coimbatore  Delhi  Ghaziabad  Goa  Hyderabad  Jaipur Jalna Jalandhar  Jamnagar  Jamshedpur  Kanpur Koderma Kolhapur  Kolkata  Ludhiana MandiGobindgarh Mumbai Nagpur  Nasik Panaji Pune  Raipur Raigarh Rajkot  Rourkela Sambalpur ( INDIA) LTD. Disclosure of the default on payment of interest / repayment of principal amount on loans from banks / financial institutions Sr. Particulars Details 1. Name of the Listed entity Electrotherm (India) Limited 2. Date of making the 30-07-2026 disclosure 3. Nature of obligation Term Loan & Working Capital Loan 4. Name of the Lender(s) Invent Assets Securitisation & Reconstruction Private Limited (assignee of debts of Allahabad Bank (now Indian Bank) and Punjab National Bank) 5. Date of default 30-06-2026 6. Current default amount Principal – Rs. 40.00 Crores, due upto 30th June, 2026 (break-up of principal and Interest – Rs. 6.46 Crore, due upto 30th June, 2026 interest in INR crore) 7. Details of the obligation Principal (As per settlement with Invent ARC) – (total principal amount in Rs. 180.00 Crores INR Crore, tenure, interest Tenure – 11 years rate, secured / unsecured Interest Rate - 11% p.a. etc.) Secured 8. Total amount of Rs. 986.20 Crore as at 30th June, 2026 outstanding borrowings from Banks / financial institutions (in INR crore) 9. Total financial indebtedness Rs. 1,000.69 Crore as at 30th June, 2026 of the listed entity including short-term and long-term debt (in INR crore) Note: 1) The amount is as at 30th June, 2026 as per books of the Company on provisional basis and is subject to confirmation from lender. 2) The Company has defaulted in repayment of loans to Financial Institutions as certain banks have assigned their loans / debts to Assets Reconstruction Companies (ARC). The Company has entered into settlement with ARC for payment of outstanding loans / debts on certain terms and conditions. The total amount outstanding shown at Sr. No. 8 is the outstanding amount as per the Books of Accounts of the Company on provisional basis (excluding uncharged interest) after deduction of settlement amount already paid ELECTROTHERM (India) Limited REGD. OFFICE: 502, Parshwa Tower, Opp. Tej Motors, Nr. Madhur Hotel, HEAD OFFICE & WORKS: Sarkhej Gandhinagar Highway, Survey No. 72, Palodia, (Via Thaltej, Ahmedabad), Gujarat-382115, India. Bodakdev, Ahmedabad – 380054 Phone: +91-2717-660550 Phone: +91-79-2717-660550 Email: ho@electrotherm.com│Website: www.electrotherm.com CIN : L29249GJ1986PLC009126 Email: sec@electrotherm.com Other Offices: AngulBanglore Bangladesh  Bellary  Chennai  Coimbatore  Delhi  Ghaziabad  Goa  Hyderabad  Jaipur Jalna Jalandhar  Jamnagar  Jamshedpur  Kanpur Koderma Kolhapur  Kolkata  Ludhiana MandiGobindgarh Mumbai  Nagpur  Nasik Panaji Pune  Raipur Raigarh Rajkot  Rourkela Sambalpur ( INDIA) LTD. upto the date of default i.e. 30th June, 2026 and are subject to confirmation from Banks / Financial Institutions. 3) The amount of outstanding borrowings from financial institutions shown at Sr. No. 8 & 9 does not include the interest of unsettled lender – Rare Asset Reconstruction Limited (being assignee of Indian Overseas Bank) not provided in the books of accounts, after the loan account has been classified as Non-Performing Assets (NPA) by such lender. For Electrotherm (India) Limited Amit Kumar Patwarika Chief Financial Officer Membership No.: A067311 ELECTROTHERM (India) Limited REGD. OFFICE: 502, Parshwa Tower, Opp. Tej Motors, Nr. Madhur Hotel, HEAD OFFICE & WORKS: Sarkhej Gandhinagar Highway, Survey No. 72, Palodia, (Via Thaltej, Ahmedabad), Gujarat-382115, India. Bodakdev, Ahmedabad – 380054 Phone: +91-2717-660550 Phone: +91-79-2717-660550 Email: ho@electrotherm.com│Website: www.electrotherm.com CIN : L29249GJ1986PLC009126 Email: sec@electrotherm.com Other Offices: AngulBanglore Bangladesh  Bellary  Chennai  Coimbatore  Delhi  Ghaziabad  Goa  Hyderabad  Jaipur Jalna Jalandhar  Jamnagar  Jamshedpur  Kanpur Koderma Kolhapur  Kolkata  Ludhiana MandiGobindgarh Mumbai  Nagpur  Nasik Panaji Pune  Raipur Raigarh Rajkot  Rourkela Sambalpur