Intimation pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, for Disclosure of Inter-se transfer of Shares amongst the Promoters and Promoters group pursuant to Regulation ....

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 Dalal Street, Fort Mumbai- 400001. M/s Madhav Infra Projects Limited (Security Id: MADHAVIPL, Scrip Code: 539894) SUB: Intimation Under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. REF.: Disclosure of inter-se transfer of shares among the Promoter and Promoter Group pursuant to Regulation 10(5) of SEBI (SAST) Regulations, 2011. Pursuant to the Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Company has received information from following persons forming part of Promoter Group, regarding their intention to acquire Equity Shares of the Company by way of gift through an off-market inter-se transfer between promoter and promoter group without consideration: Date of Name of Person Name of Person No. of shares Holding Proposed belonging to belonging to Promoter proposed to of Transaction Promoter (Transferee/ Acquirer) be transferred proposed (Transferor/ Seller) share (%) On or after Mr. Ashok Mr. Amit Khurana 86,88,614 3.223% August 12, Madhavdas Khurana (Part of Promoter Group) 2026 (Promoter) Mrs. Neelakshi Amit Khurana 54,34,764 2.016% (Part of Promoter Group) Armaan Amit Trust 61,593,562 22.848% (Part of Promoter Group) 7,57,16,940 28.087% This being an inter-se transfer of shares amongst Promoters and/or Promoter Group, the same falls within the exemptions provided under Regulation 10(1)(a)(ii) of the SEBI (SAST) Regulations, 2011 (qualifying person being persons named as promoters in the shareholding pattern filed by the target company for not less than three years prior to the Proposed acquisition). Madhav Infra Projects Limited CIN: L45200GJ1992PLC018392 Madhav House, Plot No. 4 Near Panchratna Building Subhanpura, Vadodara-390 023, Telefax : 0265-2290722 www.madhavcorp.com The aggregate holding of Promoter and Promoter Group before and after the aforementioned inter- se transfer remains the same. We hereby enclose herewith necessary disclosures under Regulation 10(5) of the SEBI (SAST) Regulations, 2011, as received from all the acquirers for your kind information and records. The same may please be taken on record and suitably disseminated to all concerned. 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. Annexure Format for Disclosures under Regulation 10(5) - Intimation to Stock Exchanges in respect of acquisition under Regulation 10(1)(a) of The SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 1. Name of the Target Company (TC) Madhav Infra Projects Limited 2. Name of the acquirer(s) 1) Mr. Amit Ashok Khurana 2) Mrs. Neelakshi Amit Khurana 3) Armaan Amit Trust 3. Whether the acquirer(s) is/ are promoters of the TC Yes prior to the transaction. If not, nature of relationship or association with the TC or its promoters 4. Details of the proposed acquisition a. Name of the person(s) from whom shares are to be Mr. Ashok Madhavdas Khurana acquired b. Proposed date of acquisition On or After 12th August, 2026 c. Number of shares to be acquired from each 7,57,16,940 person mentioned in 4(a) above d. Total shares to be acquired as % of share capital of 28.087% e. Price at which shares are proposed to be No Consideration as it is an Inter-se acquired transfer by way of Gift f. Rationale, if any, for the proposed transfer NA 5. Relevant sub-clause of regulation 10(1)(a) under which Regulation 10(1) (a) (ii) of The SEBI (SAST) the acquirer is exempted from making open offer regulations, 2011 6. If, frequently traded, volume weighted average market Not Applicable as it is inter-se transfer via price for a period of 60 trading days preceding the Gift Deed date of issuance of this notice as traded on the stock exchange where the maximum volume of trading in the shares of the TC are recorded during such period. 7. If in-frequently traded, the price as determined in Not Applicable as it is inter-se transfer via terms of clause (e) of sub-regulation (2) of regulation Gift Deed 8. Declaration by the acquirer, that the acquisition price Not Applicable as it is inter-se transfer via would not be higher by more than 25% of the price Gift Deed computed in point 6 or point 7 as applicable. 9. i. Declaration by the acquirer, that the transferor and Yes, I hereby declare that transferor and the transferee have complied (during 3 years prior to transferee will comply with the applicable the date of proposed acquisition) / will comply disclosure requirements as in chapter V of the with applicable disclosure requirements in SEBI (SAST) Regulations, 2011. Chapter V of the Takeover Regulations, 2011 (corresponding provisions of the repealed Takeover Regulations, 1997) ii. The aforesaid disclosures made during previous 3 years prior to the date of proposed acquisition to be furnished. 10. Declaration by the acquirer that all the conditions Yes, I hereby declare that all conditions specified specified under regulation 10(1)(a) with respect to under Regulation 10(1) (a) with respect to exemptions has been duly complied with. exemption has been duly complied with. 11. Shareholding details Before the proposed After the proposed transaction transaction No. of % w.r.t No. of % w.r.t shares total shares total /voting share /voting share rights capital rights capital of of TC TC a Acquirer(s) and PACs (other than sellers) (*) i) Mr. Amit Ashok Khurana 47,91,240 1.777% 1,34,79,854 5.00% ii) Mrs. Neelakshi Amit Khurana 80,43,120 2.984% 1,34,77,884 5.00% iii) Armaan Amit Trust 8,13,60,000 30.180% 14,29,53,562 53.03% b Seller (s) i) Mr. Ashok Madhavdas Khurana 7,57,16,940 28.087% 00 00% Note:  (*) Shareholding of each entity may be shown separately and then collectively in a group.  The above disclosure shall be signed by the acquirer mentioning date & place. In case, there is more than one acquirer, the report shall be signed either by all the persons or by a person duly authorized to do so on behalf of all the acquirers. For himself and on behalf of all other Acquirers (Duly Authorized) Mr. Amit Ashok Khurana (Promoter) Date: 06.08.2026 Place: Vadodara