Disclosure of Inter-se transfer of shares amongst the Promoters and Promoters Group pursuant to Regulation 10(5) of the SEBI (SAST) Regulations, 2011.

Madhav Infra Projects Limited CIN: L45200GJ1992PLC018392 Madhav House, Plot No. 4 Near Panchratna Building Subhanpura, Vadodara-390 023, Telefax : 0265-2290722 www.madhavcorp.com Date: - August 06, 2026 The General Manager Department of Corporate Services BSE Limited Phiroze Jeejeebhoy Towers Dala lStreet, Fort Mumbai- 400001. Sub: Disclosure of Inter-se Transfer of shares between promoters in accordance with Regulation 10(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Ref: M/s Madhav Infra Projects Limited (Security Id: MADHAVIPL, Scrip Code: 539894). Dear Sir/Ma’am, In compliance with Regulation 10(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, We would like to inform your good office that Acquirer Mr. Amit Khurana, Mrs. Neelakshi Amit Khurana, Armaan Amit Trust, being a Promoter of Madhav Infra Projects Limited (the Company), intend to acquire 7,57,16,940 (Seven Crores Fifty Seven Lakhs Sixteen Thousand Nine Hundred and Forty) Equity Shares of the Company from Mr. Ashok Madhavdas Khurana by way of inter-se transfer on or after August 12, 2026, in terms of Regulation 10(1)(a)(ii) of the SEBI (SAST), Regulation, 2011, by way of off-market transfer. Date of Name Of Person Name Of Person No of shares Holding of Proposed Belonging To Belonging To Promoter proposed to proposed Transaction Promoter (Transferee/Acquirer) be transferred share (%) (Transferor/Seller) On or after August 12, 2026 Mr. Ashok Madhavdas Mr. Amit Khurana 86,88,614 3.223% Khurana (Part of Promoter Group) (Promoter) Mrs. Neelakshi Amit Khurana 54,34,764 2.016% (Part of Promoter Group) Armaan Amit Trust 6,15,93,562 22.848% (Part of Promoter Group) 75,716,940 28.087% The details are attached herewith, We request you to kindly take note of the same for compliance purposes and update the above disclosed information in your records. Thanking you, Yours Sincerely. For and on behalf of, Madhav Infra Projects Limited Ms. Ishwari Hanumantsinh Sindha Company Secretary & Compliance Officer M. No.: A80997 Encl.: As above. 8/5/26, 3:54 PM Inbox - Secretarial, Madhav Infra Projects Ltd. - Outlook Outlook Transfer of Shares through Gift Deed From Amit Khurana <amit.khurana@madhavcorp.com> Date Wed 8/5/2026 3:49 PM To corp.relations@bseindia.com <corp.relations@bseindia.com> Cc Secretarial, Madhav Infra Projects Ltd. <secretarial@madhavcorp.com> 1 attachment (404 KB) Reg 10(1)(a)_Amit Khurana.pdf; BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001. Company Secretary and Compliance Officer / Board of Directors Madhav Infra Projects Limited Madhav House, Plot No. 04, Nr. Panchratna Building, Subhanpura, Vadodara, Gujarat, India, 390023 BSE Scrip Code: 539894 (MADHAV INFRA PROJECTS LIMITED) Dear Sir/Ma’am, As due compliance of Regulation 10(5) of the SEBI SAST Regulations, the undersigned being the part of the Promoter Group of the Company hereby furnish the Intimation in the specified format under Regulation 10(5) in respect of the acquisition via execution of Gift Deed and proposed inter-se transfer of 8,688,614 (Eighty Six Lakhs Eighty Eight Thousands Six Hundred and Fourteen) equity shares of Madhav Infra Projects Limited, being the Target Company (“TC”). The shares are proposed to be acquired by way of “inter-se transfer” amongst the promoters pursuant to exemption provided in Regulation 10(1)(a)(ii) (qualifying person being persons named as promoters in the shareholding pattern filed by the TC for not less than three years prior to proposed acquisition) and there will be no change in the total shareholding of the Promoters after such inter-se transfer of the shares of TC. Kindly take the same on record. From, Mr. Amit Ashok Khurana (Promotor of Madhav Infra Projects Limited) https://outlook.cloud.microsoft/mail/inbox/id/AAQkAGI0ZTZjYzA1LWM0YzktNDkyMC1hY2M2LTk2Mzc1YzY2YTRiYgAQAPeirXZz4qBPmNMn7dmgGc… 1/1 8/5/26, 3:54 PM Inbox - Secretarial, Madhav Infra Projects Ltd. - Outlook Outlook Transfer of Shares through Gift Deed. From Amit Khurana <amit.khurana@madhavcorp.com> Date Wed 8/5/2026 3:47 PM To corp.relations@bseindia.com <corp.relations@bseindia.com> Cc Secretarial, Madhav Infra Projects Ltd. <secretarial@madhavcorp.com> 1 attachment (1 MB) Reg 10(1)(a)_Armaan Amit Trust.pdf; BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001. Company Secretary and Compliance Officer / Board of Directors Madhav Infra Projects Limited Madhav House, Plot No. 04, Nr. Panchratna Building, Subhanpura, Vadodara, Gujarat, India, 390023 BSE Scrip Code: 539894 (MADHAV INFRA PROJECTS LIMITED) Dear Sir/Ma’am, As due compliance of Regulation 10(5) of the SEBI SAST Regulations, the undersigned being the part of the Promoter Group of the Company hereby furnish the Intimation in the specified format under Regulation 10(5) in respect of the acquisition via execution of Gift Deed and proposed inter-se transfer of 61,593,562 (Six Crores Fifteen Lakhs Ninety Three Thousands Five Hundred and Sixty Two) equity shares of Madhav Infra Projects Limited, being the Target Company (“TC”). The shares are proposed to be acquired by way of “inter-se transfer” amongst the promoters pursuant to exemption provided in Regulation 10(1)(a)(ii) (qualifying person being persons named as promoters in the shareholding pattern filed by the TC for not less than three years prior to proposed acquisition) and there will be no change in the total shareholding of the Promoters after such inter-se transfer of the shares of TC. Kindly take the same on record. From, For Armaan Amit Trust (Promotor of Madhav Infra Projects Limited) Mr. Amit Ashok Khurana Trustee https://outlook.cloud.microsoft/mail/inbox/id/AAQkAGI0ZTZjYzA1LWM0YzktNDkyMC1hY2M2LTk2Mzc1YzY2YTRiYgAQAIsw1h45sj9NlG9jdV%2FPo0… 1/1 8/5/26, 3:51 PM Inbox - Secretarial, Madhav Infra Projects Ltd. - Outlook Outlook Intimation under Regulation 10(5) of the SEBI (SAST) Regulations, 2011 From Neelakshi Khurana <neelakshikhurana@gmail.com> Date Wed 8/5/2026 3:44 PM To corp.relations@bseindia.com <corp.relations@bseindia.com>; Secretarial, Madhav Infra Projects Ltd. <secretarial@madhavcorp.com> 1 attachment (405 KB) Reg 10(1)(a)_Neelankshi Khurana.pdf; [CAUTION: External Email] : The sender is outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe. BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001. Company Secretary and Compliance Officer / Board of Directors Madhav Infra Projects Limited Madhav House, Plot No. 04, Nr. Panchratna Building, Subhanpura, Vadodara, Gujarat, India, 390023 BSE Scrip Code: 539894 (MADHAV INFRA PROJECTS LIMITED) Dear Sir/Ma’am, As due compliance of Regulation 10(5) of the SEBI SAST Regulations, the undersigned being the part of the Promoter Group of the Company hereby furnish the Intimation in the specified format under Regulation 10(5) in respect of the acquisition via execution of Gift Deed and proposed inter-se transfer of 5,434,764 (Fifty Four Lakhs Thirty Four Thousands Seven Hundred and Sixty Four) equity shares of Madhav Infra Projects Limited, being the Target Company (“TC”). The shares are proposed to be acquired by way of “inter-se transfer” amongst the promoters pursuant to exemption provided in Regulation 10(1)(a)(ii) (qualifying person being persons named as promoters in the shareholding pattern filed by the TC for not less than three years prior to proposed acquisition) and there will be no change in the total shareholding of the Promoters after such inter-se transfer of the shares of TC. Kindly take the same on record. https://outlook.cloud.microsoft/mail/inbox/id/AAQkAGI0ZTZjYzA1LWM0YzktNDkyMC1hY2M2LTk2Mzc1YzY2YTRiYgAQAP956SKp0ChJu4pt3qSvqkA… 1/2 8/5/26, 3:51 PM Inbox - Secretarial, Madhav Infra Projects Ltd. - Outlook From, Mrs. Neelakshi Amit Khurana (Promotor of Madhav Infra Projects Limited) https://outlook.cloud.microsoft/mail/inbox/id/AAQkAGI0ZTZjYzA1L [Showing first 8,000 characters — download PDF for full document]