Outcome of the Meeting of the Board of Directors held on 7th August, 2026

BSE Limited Department of Corporate Services 25th Floor, PJ Towers, Dalal Street, Mumbai, 400001 SCRIP CODE: 544793 SYMBOL: SUSAN ISIN: INE2L0V01019 Subject: Outcome of the Meeting of the Board of Directors held on 7th August, 2026 Ref.: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Mam, With reference to the captioned subject, we would like to inform you that the Board of Directors of Susan Electricals India Limited at its meeting held today, i.e., Friday, 7th August, 2026, which commenced at 3:00 P.M. (IST) at the Registered Office of the Company situated at 1703, Nirmal Tower, 26, Barakhamba Road, Connaught Place, New Delhi – 110001, has, inter alia, considered and approved the following: 1. The Board has appointed CS Deepak Chauhan, Practicing Company Secretary as a Scrutinizer to scrutinize the remote e-voting process and the votes cast through e-voting facility during the for Extra Ordinary General Meeting of the Company. The e-voting facility shall start from Monday, 31st August, 2026 at 9:00 A.M. (IST) and shall end on Wednesday, 2nd September, 2026 on 5:00 P.M (IST); 2. Pursuant to Regulation 30 read with Part A of Schedule III of Listing Regulations, we wish to inform you that the Board of Directors of Susan Electricals India Limited (the “Company”) considered and approved the formulation of Employee Stock Option Plan, viz., “Susan Electricals India Limited – Employee Stock Option Plan, 2026” or “SEIL ESOP, 2026”, in terms of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 subject to the approval of the members of the Company at the ensuing Extra Ordinary General Meeting (“EGM”) of the Company; The requisite disclosure pertaining to SEIL ESOP, 2026 as required under Regulation 30 of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September, 2015 is enclosed herewith are given in Annexure-I. 3. The Board of Directors has approved the proposal for incorporation of a company under Section 8 of the Companies Act, 2013, in the name and style of "Susan Foundation" (or such other name as may be approved by the Registrar of Companies). The proposed Section 8 Company shall undertake charitable and not-for-profit activities permissible under the Companies Act, 2013. 4. Approved convening the Extra Ordinary General Meeting of the company on Thursday, 3rd September, 2026 at 3:00 P.M. (IST) through Video Conferencing (VC) or Other Audio Visual Means (OAVM); 5. Fixed 27th August, 2026 as the Cut-off Date for determining the eligibility of Members to vote electronically; 6. Members whose names appear on Register of Members /Register of Beneficial Owners as on Thursday, 27th August, 2026 shall be entitled to cast their votes through remote e-voting. The remote e-voting facility will commence on Monday, 31st August, 2026 at 9:00 A.M. (IST) and shall end on Wednesday, 2nd September, 2026 at 5:00 P.M. (IST).; 7. Appointment of Mr. Charan Singh (DIN: 09238002) as an Additional Director (“Non- Executive & Non- Independent”) of the company with immediate effect who shall hold office up to the date of the ensuing General Meeting of the company. The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026 are given in Annexure-II. 8. Resignation of Mr Manoj Kumar (DIN: 08332775) from the position of Director (Non- Executive and Non- Independent) Pursuant to Para A(7C) of Part A of Schedule III to the SEBI Listing Regulations, a copy of the resignation letter containing the detailed reasons for resignation along with the confirmation that there are no material reasons for resignation other than those stated in the resignation letter is enclosed herewith as Annexure-III. The Board Meeting Concluded at 4:00 P.M. Kindly take the above information on record. Thanking you, For Susan Electricals India Limited Reshma Shukla Company Secretary And Compliance Officer M.N-A-27717 Place: New Delhi Date: 7th August, 2026 Annexure-I Disclosure pertaining to SEIL ESOP, 2026 ("the Plan") S. No. Particulars Remarks 1. brief details of options The number of options that would be available for granted; grant to the eligible employees of the Company and its existing and future Holding Company(ies), Subsidiary Company(ies), Associate Company(ies) and Group Company(ies), wherever applicable, if any, under ESOP 2026, in one or more tranches will not be more than 2,04,000 (Two Lakhs Four Thousand) employee stock options which upon exercise shall not exceed in aggregate 2,04,000 (Two Lakhs Four Thousand) equity shares (“Shares”) having a face value of Rs. 10/- (Rupees Ten Only) each fully paid-up of the Company. Each option would carry a right to apply for 1 (One) Equity Share in the Company of face value of Rs 10/‐ each, fully paid‐up. 2. whether the scheme is in Susan Electricals India Limited - Employees Stock terms of SEBI (Share Based Option Plan 2026 is in compliance with the SEBI Employee Benefits and (Share Based Employee Benefits and Sweat Equity) Sweat Equity) Regulations, Regulations, 2021. 2021 (if applicable); 3. total number of shares 2,04,000 (Two Lakhs Four Thousand) covered by these options 4. pricing formula; The Compensation Committee will determine the exercise price in case of each grant subject to the same not being less than the face value of the equity shares of the Company (Rs. 10/-) and not more than the ‘market price’ of the equity shares at the time of grant. 5. options vested; NA 6. time within which option The Vested Options with an Option Grantee while in may be exercised; employment with the Company may be exercised anytime within the Exercise Window(s), provided it is within 5 (Five) years from the date of completion of the Vesting Period and only during the Exercise Window(s) or such other period as may be determined by the Compensation Committee. Note that the Vested Options not Exercised during the Exercise Period shall automatically lapse, unless otherwise decided by the Compensation Committee. 7. options exercised; NA 8. money realized by exercise NA of options; 9. the total number of shares NA arising as a result of exercise of option 10. options lapsed NA 11. variation of terms of options NA 12. brief details of significant This Plan shall be operated and administered by the terms; Nomination and Remuneration Committee (“Compensation Committee”) of the Company. The Compensation Committee will decide the number of Options to be granted to each Eligible Employee. Upon a valid Exercise of a Vested Option by a Participant, each Vested Option will entitle the Participant to 1 (one) Share of the Company. The exact proportion in which and the exact period over which the employee stock options would vest would be determined by the Compensation Committee, subject to the minimum vesting period of one year from the date of grant of employee stock options and maximum vesting period of up to 4 years. The Options will Vest at a rate that is in line with achievement of key organizational performance metrics, as determined by the Compensation Committee. 13. subsequent changes or NA cancellation or exercise of such options 14. diluted earnings per share NA pursuant to issue of equity shares on exercise of options Annexure — II Details as required under Para A of Part A of Schedule III read with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026: S. No. Disclosure Requirement Details 1 Name Mr. Charan Singh (DIN: 09238002) 2 Reason for Change viz. appointment, Appointment of Mr. Charan Singh (DIN: resignation, removal, death-or-otherwise 09238002) as an Additional Director (Non- Executive & Non-Independent) at the meeting of the Board of Directors held on 7th [Showing first 8,000 characters — download PDF for full document]