Change in Auditors

|lia llt MADHUCON P ROJECTS LIMITED CIN: L74210TG1990PLC011114 Ref.: MPL/HYD/SE/DIR/2026-27 Date: 13-08-2026 '| The Bombay Stock Exchange (BSE) The National Stock Exchange (NSE) of India Corporate Relationship Dept., Limited, 1st Floor, New Trading Ring 5th Floor, Exchange Plaza, Rotunda Building, PJ Towers Bandra (East), Dalal Street, Fort, Mumbai -400 001 Mumbai- 400 051. BSE Scrip Code: 531497 NSE Scrip Code: MADHUCON Dear Sirs, Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) we wish to inform you that the following Auditors appointments recommended and approved by the Board of Directors of the Company at their Board Meeting held on 13 August, 2026. ‘4. Based upon the recommendation of the Audit Committee, Appointment of M/s. B. Narsing Rao & Co LLP, Chartered Accountants (FRN: S000149), Hyderabad, as Statutory Auditors of the Company for a period of 3 years w.e.f. 1S* July 2026 from the conclusion of 36° AGM to the conclusion of 39° AGM, subject to the approval of the shareholders at the ensuing 36" AGM. (Annexure-l). 2. Based upon the recommendation of the Audit Committee, appointment of M/s. Ganga Rao & Associates, Chartered Accountants (M.No. 223232) Hyderabad as an Internal Auditors for the F.Y. 2026-27. Annexure-ll) We herewith attached the brief details of the aforesaid appointments as prescribed under SEBI Listing Regulations as Annexure A in Annexure-! & Il. Kindly take them on records. _ Yours Faithfully For Madhucon Projects Limited (D.Malla Reddy) Company Secretary & Compliance Officer (Attached brief profiles in Annexure-| & II) Corp. Office : "Madhucon House", 1129/A, Road No. 36 , Jubilee Hills, Hyderabad - 500 033, Telangana, India Tel : +91-40-23556001 - 4 Fax : +91-40-23556005 E-mail : corporate@madhucon.com Regd. Office : H.No.1-7-70, Jublipura, Khammam, Telangana - 507 003, India www.madhucon.com MADHUCON PROJECTS LIMITED CONTINUATION SHEET Annexure: | An Appointment of Statutory Auditors details under amended Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. SI. No | Particulars Details 1. Reason for Change VIZ., At the t hirty-second AGM held on September 29, 2022, Appointment of Auditor the Members approved re-appointment of P. Murali & Co., Chartered Accountants (FRN 007257S) as Statutory Auditors of the Company to hold office for a period of four years up to conclusion of the thirty-sixth AGM to be held on 29th September 2026. On the expiry of second term of P. Murali & Co., Chartered Accountants (FRN 007257S) retire from the Statutory Auditors of the Company and the Board of Directors, based up-on the recommendation of Audit Committee appointed M/s. B. Narsing Rao & Co LLP Chartered Accountants (ICAI Firm Registration No. S$000149) as the Statutory Auditors of the Company to hold the office for a 1st term of 3 (Three) consecutive years w.e.f 01/07/2026 the conclusion of 36th AGM to the conclusion of 39th AGM to be held in the year 2029, subject to approval of the Members at the ensuing 36th Annual General Meeting of the Company. "2 Date of Appointm&e nTetr m | Based upon the recommendation of the Audit of Appointment Committee, Appointment of M/s. B. Narsing Rao & Co LLP, Chartered Accountants (FRN: S000149), Hyderabad, as Statutory Auditors of the Company for a period of 3 years w.e.f. 1% July 2026 from the conclusion of 36'" AGM to the conclusion of 39" AGM, subject to the approval of the shareholders at the ensuing 36" AGM. 3. Brief Profile (In case of B. Narsi ng Rao & Co. LLP is a full-service chartered Appointment) accountancy practice built on experience, integrity, and personal commitment. Founded in 1984 by Sri CA. B. Narsing Rao, the firm has been consistently delivering professional services across Taxation, Audit & Assurance, Financial Advisory, and Management Consultancy for over four decades. With a strong foundation built over forty years, the firm is supported by a team of qualified and experienced partners possessing specialised expertise in Direct & Indirect Taxation and Audit & Assurance. This enables the firm to provide a comprehensive range of high- quality, value-driven services tailored to diverse client requirements. The firm combines deep regulatory knowledge with a practical understanding of business realities — enabling clients to navigate complex statutory and commercial environments with confidence and clarity. 4. Disclosure of Relationship between Director(In case of Not Applicable Appointment of a Director) ~’sMADHUCON PROJECTS LIMITED CONTINUATION SHEET Annexure-ll An Appointment of Internal Auditors details under amended Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. SI. No | Particulars D etails ri Reason for Change VIZ P ursuant to the provisions of section 138 of Appointment of Auditor the Companies Act, 2013 and upon recommendations of the audit committee and the Board of Directors of the Company, M/s. Ganga Rao & Associates, Chartered Accountants (M.No.223232) Hyderabad, appointed as an Internal Auditor of the Company for the period F.Y. 2026-27. Z. Date of Appointment & Term of B ased upon the recommendation of the Appointment Audit Committee, appointment of M/s. Ganga Rao & Associates, Chartered Accountants (M. No. 223232) Hyderabad as an Internal Auditors for the F.Y. 2026-27. D: Brief Profile (In case of G anga Rao and Associates, leading Chartered appointment) Accountants firm providing an entire gamut of Accounting and Audit services, Taxation services and Business Advisory Services. 0 Audit & Assurance Helping you aspire with assurance 0 Virtual CFO role for medium size companies End to End book keeping, focus on statutory compliances, monthly MIS, Year-end books closing, Annual filing to meet all statutory compliances. 0 Tax and regulatory Guidance through unprecedented challenges 0 Corporate Law services Guidance through al corporate related matters 0 Financial Advisory Solving the most complex issues 0 Business Advisory Scaling structuring your business 0 Liasoning and Licensing services Communicating with all respective departments and solve complex issues 4, Disclosure of Relationship between Director(In case of Appointment of | Not Applicable a Director)