Dear Sir / Madam, Please find enclosed the update of Kirloskar Ferrous Industries Limited (KFIL), a listed material subsidiary of the Company. You are requested to take the same on your record.

1eJrlos1<ar Industries 05 August 2026 BSE Limited National Stock Exchange of India Limited The Manager The Manager Corporate Relationship Department Listing Department 1st Floor, P. J. Towers, Exchange Plaza, C -1, Block G, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (E), Mumbai 400 001. Mumbai 400 051. BSE Scrip Code: 500243 NSE Scrip Code: KIRLOSIND Sir / Madam, Subject: Updates of material subsidiary We wish to inform you that Kirloskar Ferrous Industries Limited (KFIL), a listed material subsidiary of the Company, has intimated to the stock exchange, where the shares of KFIL are listed, an intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (the Listing Regulations), a copy of the intimation (which is self-explanatory) filed with the stock exchanges by KFIL is enclosed for your ready reference. You are requested to take the same on your record. Thanking you. For Kirloskar Industries Limited Ashwini Mali Company Secretary Encl: a/a Kirloskar Industries Limited A Kirloskar Group Company Regd. Office: One Avante, Level 14, Karve Road, Kothrud, Pune 411 038 Tel: 020-69065007 Email: investorrelations@kirloskar.com | Website: www.kirloskarindustries.com CIN: L70100PN1978PLC088972 1eJrlos1ear Ferrous Ref No. 3349/26 5 August 2026 The Department of Corporate Services BSE Limited P. J. Towers, Dalal Street, Fort, Mumbai 400001 (Scrip code : 500245) Dear Sir / Madam, Subject : Grant of stock options Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; this is to inform that the Nomination and Remuneration Committee of the Board of Directors of the Company at its meeting held on 5 August 2026 has granted 2,36,000 stock options in terms of 'KFIL Employee Stock Option Scheme 2021' and the special resolution passed by the Members of the Company at their annual general meeting held on 27 July 2021. Salient terms of the grant of stock options are as given below : Sl Particulars Details 1 Number of stock options granted 2,36,000 stock options 2 Whether the Scheme is in terms of Yes the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 3 Total number of equity shares 2,36,000 equity shares covered by these stock options [Each stock option is convertible into one equity share of face value of ₹ 5 each]. 4 Exercise Price ₹ 349 per stock option Page 1 of 2 Kirloskar Ferrous Industries Limited A Kirloskar Group Company Registered Office : 'One Avante', Level 5, Karve Road, Kothrud, Pune 411038, Maharashtra Telephone : +91 (20) 69065040 Email : kfilinvestor@kirloskar.com Website : www.kirloskarferrous.com CIN : L27101PN1991PLC063223 1eJrlos1ear Ferrous Sl Particulars Details 5 Vesting Schedule Stock options shall vest after one year but not later than four years from the date of grant of stock options on the basis of performance and time. (cid:120) At the end of first year from the date of grant : 1/4th of total stock options granted. (cid:120) At the end of second year from the date of grant : 1/4th of total stock options granted. (cid:120) At the end of third year from the date of grant : 1/4th of total stock options granted. (cid:120) At the end of fourth year from the date of grant : 1/4th of total stock options granted. 6 Time within which stock options may Three years from the date of vesting of stock be exercised. options. You are requested to take the same on record. Thanking you, Yours faithfully, For Kirloskar Ferrous Industries Limited Gumaste Digitally signed by Gumaste Ravindranath Venkatesh Ravindranath Date: 2026.08.05 13:58:36 Venkatesh +05'30' R. V. Gumaste Managing Director (DIN : 00082829) Page 2 of 2 Kirloskar Ferrous Industries Limited A Kirloskar Group Company Registered Office : 'One Avante', Level 5, Karve Road, Kothrud, Pune 411038, Maharashtra Telephone : +91 (20) 69065040 Email : kfilinvestor@kirloskar.com Website : www.kirloskarferrous.com CIN : L27101PN1991PLC063223