Press Release

2nd July, 2026 BSE Limited (BSE) National Stock Exchange of India Limited (NSE) The Department of Corporate Services The Listing Compliance Department Phiroze Jeejeebhoy Towers Exchange Plaza Bandra-Kurla Complex Dalal Street, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Scrip Code: 532966 Symbol: TITAGARH Madam/Sir, Re: Press Release We enclose a Press Release titled “Titagarh Rail Systems Limited and TuTr Hyperloop, an IIT Madras- incubated deep-tech startup pioneering indigenous Hyperloop technologies enter into a strategic collaboration agreement to advance indigenous Hyperloop Technology for India's First Hyperloop-Enabled Freight Mobility Solutions” which is self-explanatory. Please take the above on record. Thanking you, yours faithfully, for TITAGARH RAIL SYSTEMS LIMITED Aditya Purohit Company Secretary & Compliance Officer M. No. ACS 27825 Encl.: as above CIN: L27320WB1997PLC084819 Registered Office: Poddar Point, 10th Floor, 113 Park Street, Kolkata – 700016, WB, India Corporate Office: Titagarh Towers, 756, Anandapur, E. M. Bypass, Kolkata - 700107, WB, India Phone: +91 33 4019 0800 | Fax: +91 33 4019 0826 | Email: corp@titagarh.in | Web: www.titagarh.in Titagarh Rail Systems Limited and TuTr Hyperloop, an IIT Madras-incubated deep-tech startup pioneering indigenous Hyperloop technologies enter into a strategic collaboration agreement to advance indigenous Hyperloop Technology for India's First Hyperloop-Enabled Freight Mobility Solutions Kolkata, 02 July 2026: Titagarh Rail Systems Limited (TRSL), one of India’s leading rolling stock manufacturers and mobility solutions providers, has entered into a Strategic Collaboration Agreement with TuTr Hyperloop Private Limited, a technology company specialising in Hyperloop propulsion and advanced mobility technologies. The collaboration aims to develop first-of-its-kind Hyperloop technology enabled freight transportation solutions from India. This strategic collaboration brings together TRSL’s proven expertise in the design, engineering and manufacturing of rolling stock with TuTr Hyperloop’s capabilities in Hyperloop propulsion, control systems and advanced mobility technologies. Together, the two companies will evaluate, design, develop, integrate and explore the commercialisation of high-speed, energy-efficient freight transportation systems aligned with future logistics and infrastructure needs. The agreement establishes a structured framework to assess the application of Hyperloop technology for cargo and freight transportation across domestic as well as international markets. The initiative is envisioned as a significant step towards building indigenous, automated and highly advanced freight mobility solutions, reinforcing India’s ambitions under Make in India, Aatmanirbhar Bharat, and the journey towards a Viksit Bharat. Through this strategic collaboration, Titagarh Rail Systems and TuTr Hyperloop aim to accelerate the development and deployment of cutting-edge Hyperloop-enabled cargo mobility solutions through indigenous design, engineering and manufacturing. The partnership strengthens India's advanced technological ecosystem, and contribute meaningfully to the nation's long-term growth story. By advancing Hyperloop technologies, the collaboration also aspires to position India at the forefront of next-generation freight transportation, unlocking new opportunities in global transportation markets. Mr. Prithish Chowdhary, Dy. Managing Director, Titagarh Rail Systems Limited, said: “At Titagarh Rail Systems, we believe the future of transportation will be driven by engineering innovation, modern design and advanced manufacturing. This strategic collaboration with TuTr Hyperloop represents an important milestone towards engineering India's first Hyperloop freight mobility platform. By combining TRSL's decades of expertise in rolling stock design, engineering and manufacturing with TuTr's pioneering Hyperloop technologies, we aim to develop transformative freight mobility solutions that establish new global benchmarks for speed, sustainability and engineering excellence that are designed and developed in India, for India and the world. Developing Hyperloop-enabled freight transportation for the first time in the country aligns strongly with the spirit of Make in India and Aatmanirbhar Bharat, while supporting every Indian’s goal of a Viksit Bharat.” Dr. Aravind Bharadwaj, Co-Founder & Director, TuTr Hyperloop, said: "This collaboration with Titagarh Rail Systems represents a defining moment for India's advanced mobility ecosystem. By combining TuTr Hyperloop's indigenous propulsion and Hyperloop technologies with Titagarh's world-class expertise in wagon manufacturing and rail mobility, we aim to create next-generation cargo transportation solutions that are faster, more efficient, and globally competitive. This partnership is a testament to the power of startup-industry collaboration in transforming cutting-edge research into deployable products. Together, we are taking India's indigenous Hyperloop technologies from the laboratory to large-scale commercial applications, not only for India but also for global markets." This collaboration reflects our commitment in fostering indigenous innovation and strengthening India's position as a global leader in advanced transportation technologies.” About Titagarh Rail Systems Limited Titagarh Rail Systems is a leading comprehensive mobility solution provider with a strong presence in India. With state-of-the-art factories in the country, we are committed to meeting the diverse requirements of passenger and freight rolling stock. At Titagarh, we specialize in crafting cutting-edge transportation solutions, including semi high-speed trains, urban metros, passenger coaches, propulsion systems, and a wide array of wagons, including specialized ones. With a passion for innovation and an unwavering dedication to excellence, our commitment lies in shaping the future of transportation, embodying the spirit of Make in India and contributing towards a Viksit Bharat. We strive to deliver world-class products that redefine the way people and goods move across the world. Explore our diverse range of products and experience the future of transportation at www.titagarh.in About TuTr Hyperloop TuTr Hyperloop is an IIT Madras-incubated deep-tech startup focused on developing indigenous Hyperloop, magnetic levitation (Maglev), and Linear Induction Motor technologies for high-speed cargo and passenger transportation systems in India and abroad including for Central Warehousing Corporation (CWC) and Deendayal Port Authority Kandla(DPA) Media contacts: Subhranil Roy | M: +91 70032 93353 | E: subhranil.roy@titagarh.in Pritha Paul | M: +91 7687060940 | E: pritha.paul@titagarh.in