Approval of members for the re-appointment of Mr. Heramb R Hajarnavis and Ms. Gangapriya Chakraverti as Independent Directors of the Company for a second term of five years w.e.f. 10th August 2026.

INEL/SE/2026-27/21 July 31, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers Plot No C 1, G Block, Dalal Street, Fort Bandra Kurla Complex, Mumbai 400 001 Bandra (East), Mumbai 400 051 Scrip: 532240 Scrip: INDNIPPON Dear Sir/ Madam, Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) – Re-appointment of Independent Directors of the Company The Company vide its letter no. INEL/SE/2026-27/05 dated 28th May 2026 had informed that the Board of Directors of the Company at their meeting held on the same day, based on the recommendations of the Nomination and Remuneration Committee, and subject to approval of the shareholders at the 41st Annual General Meeting (‘AGM’), had unanimously approved the following: (i) re-appointment of Ms. Gangapriya Chakraverti (DIN:00378385) as an Independent Director of the Company for a second term of five (5) consecutive years commencing from 10th August 2026 to 09th August 2031. (ii) re-appointment of Mr. Heramb Ravindra Hajarnavis (DIN: 01680435) as an Independent Director of the Company for a second term of five (5) consecutive years commencing from 10th August 2026 to 09th August 2031. This is to inform you that the shareholders of the Company at their AGM held on 30th July 2026 have, inter alia, approved the aforesaid re-appointments, with requisite majority. The details required under Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI circular No. SEBI/HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure A. A copy of this intimation is also being made available on the Company’s website at www.indianippon.com. We request you to take the above information on record. Thanking You Yours Truly For India Nippon Electricals Limited S Logitha Company Secretary Membership No. A29260 Encl.: As above Annexure – A Details required under Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI circular No. SEBI/HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 Reason for change viz. Re-appointment of Ms. Gangapriya Re-appointment of Mr. Heramb appointment, re- Chakraverti as Independent Director Ravindra Hajarnavis as Independent appointment, resignation, Director removal, death or otherwise; Date of appointment/re- Re-appointment with effect from 10th Re-appointment with effect from appointment/cessation (as August 2026 for a second term of five years, 10th August 2026 for a second term applicable) & term of subject to approval of shareholders of the of five years, subject to approval of appointment/re-appointment Company and not liable to retire by rotation. shareholders of the Company and not liable to retire by rotation. Brief profile (in case of Ms. Gangapriya Chakraverti is an Mr. Heramb Ravindra Hajarnavis appointment); Independent Director of the Company. She is (DIN 01680435) has been appointed also the Chairman of N&R Committee, CSR as an Independent Director of the Committee and member of SRC Committee of Company w.e.f 10th August, 2022. the Company. She joined the Board of India He earned his S.B. from the Nippon Electricals Limited on August 10th, Massachusetts Institute of 2022. Technology (MIT) and an MBA from Harvard Business School (HBS). He Ms. Gangapriya Chakraverti has over three was awarded an Aspen Institute decades of experience in the corporate Fellowship in 2008. world. Her experience comprises corporate and leadership roles in the Murugappa Group Mr. Hajarnavis is the Founder and and Ford Motor Company’s Business Services Managing Partner of SeaLink Capital organization and business development and Partners (SCP), an investment firm consulting roles in Mercer Consulting. Her focused on high-potential specific areas of interest include leadership companies in technology enabled development, change management, business services, healthcare executive coaching, total rewards and services and cross-border diversity and inclusion. opportunities between the US and Asia. He is passionate about Starting with her last role as Director – collaborating and partnering with Human Resources and continuing into her entrepreneurs to accelerate their present role as the Managing Director for growth with global best practices. Ford Business Services, she has played a He was the head of KKR’s Indian significant role in managing all aspects of private equity business from 2010 human resources and change management. to 2014. Prior to KKR, he was with She has supported its transformation into a Goldman Sachs & Co., based out of truly global, multifunctional innovation hub, their New York, Hong Kong, scaling from 4,000 to 9,000+ employees. Singapore, and Mumbai offices, Under her people-oriented leadership and where he focused on evaluating focus on building a great workplace culture, investment opportunities for the Ford Business Services has been featured firm’s global private equity and amongst the top companies across the mezzanine debt funds. country by the Great Place to Work Institute. It has been recognized for its employee- He was a founding member of oriented practices and policies by Goldman Sachs’ India office and organizations like NASSCOM, Working served as Managing Director and Mothers Media, and the National HRD Co-Head of private equity. His prior Network. experience also includes being part of the senior management team at She lends her voice frequently and advocates Centennial Communications Corp. for diversity and inclusion at the workplace, (a NASDAQ-listed while actively championing greater telecommunications services representation of women in leadership roles provider with operations in the across industries. She mentors and coaches United States and the Caribbean several senior and experienced women, that was subsequently acquired by encouraging them to achieve their full AT&T). He also currently serves as potential. Ms. Chakraverti is an ardent an Independent Director on the spokesperson for workplace wellness and has Board of Sundram Fasteners an abiding interest in promoting wellness as Limited and as an Additional part of employee engagement. As an HR and Director on the Board of JM Business Leader, Ms. Chakraverti is a regular Financial Asset Management speaker at international and national Limited. conferences and forums. Ms. Chakraverti has been the first lady President of the Chennai chapter of the NHRDN (2019-2021) and served on its National Board for two consecutive terms. She holds a Bachelor’s degree in Arts (Psychology) from the Women’s Christian College, Chennai and completed her Master’s degree in Personnel Management and Industrial Relations from the Tata Institute of Social Sciences, Mumbai as a gold medalist. She is pursuing her Professional Certified Coach credential from the International Coaching Federation and is a Certified Diversity Professional from the Diversity Training University International, San Francisco. She was recently awarded the Women of World Awards 2023 instituted by The Hindu, in the Business Leadership category. Disclosure of relationships Ms. Gangapriya Chakraverti is not related to Mr. Heramb Ravindra Hajarnavis is between directors (in case of any Directors of the Company. not related to any Directors of the appointment of a director). Company. Information as required Ms. Gangapriya Chakraverti is not debarred Mr. Heramb Ravindra Hajarnavis is pursuant to BSE Circular with from holding the office of Director by virtue not debarred from holding the ref. no. LIST/COMP/14/2018- of any SEBI order or any other such office of Director by virtue of any 19 and the National Stock authority(ies) SEBI order or any other such Exchange of India Limited authority(ies) Circular with ref. no [Showing first 8,000 characters — download PDF for full document]