Submission of Transcript of Q1-FY2026-27 Earnings Conference Call held on August 10, 2026

August 14, 2026 Ref. No. 40/2026-27 BSE Limited National Stock Exchange of India Limited P.J. Towers, Dalal Street. Exchange Plaza, C-1, Block G, Mumbai-400 001. Bandra Kurla Complex, Bandra (East), Mumbai – 400051 Scrip Code – 500279 Symbol – ONIDA Through: BSE Listing Centre Through: NEAPS Sub: Submission of Transcript of Q1-FY27 Earnings Conference Call held on August 10, 2026 Respected Sir/Madam, In accordance with the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”), please find enclosed herewith a transcript of Q1-FY27 Earnings Conference call of Onida Electronics Limited (Formerly known as MIRC Electronics Limited) with various Investors and Analysts held on Monday, August 10, 2026, at 11:00 AM (IST). We request you to take the above on record and treat the same as compliance under the applicable provisions of SEBI Listing Regulations. Thanking You. for Onida Electronics Limited (formerly known as MIRC Electronics Limited) Vijay Mansukhani Chairman and Managing Director DIN: 01041809 ONIDA ELECTRONICS LIMITED (Formerly known as MIRC Electronics Limited) Regd. Office: Onida House, G-1, M.I.D.C, Mahakali Caves Road, Andheri (East), Mumbai-400 093. Tel.: +91-22-6697 5777 CIN No.: L32300MH1981PLC023637. Website: www.onida.com Onida Electronics Ltd. (Formerly Known as MIRC Electronics Limited) Q1 - FY27 Earnings Conference Call 10th August, 2026 Management:  Mr. Gunjan Srivastava – Managing Director and CEO  Mr. Manish Desai – Chief Financial Officer Errors & Omissions Expected: This transcript is edited for factual and grammatical errors. In case of discrepancies, the audio recordings uploaded on the stock exchange and company website on 10th August, 2026 will prevail. Onida Electronics Limited (Formerly Known as MIRC Electronics Limited) Page 1 of 20 Q1 FY 2027 Earnings Call August 10, 2026 Moderator: Good morning, ladies and gentlemen. Welcome to the Conference Call of Onida Electronics Limited arranged by Concept Investor Relations to discuss its Q1 FY27 Results. Before we begin, let me mention a short cautionary statement: Some of the statements made in today's Earning Call may be forward-looking in nature. Such forward-looking statements are subject to risk and uncertainties which could cause actual results to differ from those anticipated. Such statements are made on Management's beliefs as well as assumptions made by the information currently available to Management. Audiences are cautioned not to place any undue reliance on these forward-looking statements in making any investment decisions. The purpose of today's earnings call is purely to educate and bring awareness about the company's fundamental business and the financial quarter under review. Let me now introduce you to the Management: We have with us today Mr. Gunjan Srivastava – Managing Director and CEO, Mr. Manish Desai – Chief Financial Officer. As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing “*” then “0” on your touchstone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Gunjan Srivastava – Managing Director and CEO. Thank you and over to you, Mr. Srivastava. Gunjan Srivastava: Thank you. Good morning, everyone and thank you for joining us today. Before we open the floor for questions, let me take a few minutes to give you a brief overview of our company and where we stand today. Established in 1981, today we are proud to be one of India's most recognized and trusted homegrown consumer electronics and appliances companies built on a foundation of “Innovation, Quality and Enduring Consumer Trust”. Over the years, we have built a deep emotional connect with generations of Indian consumers through iconic milestones such as the legendary “Devil Campaign”, which made our brand a Page 2 of 20 household name, and our continued spirit of innovation, including pioneering achievements like introducing Asia's first “Fire TV”. As a proudly Indian brand guided by our philosophy of “Made in India, Made for India”, we have remained committed to delivering products that embody our enduring promise of “Owner's Pride”. One of our greatest trends continues to be the trust our brand enjoys. We serve consumers through both offline and a rapidly growing e-commerce channel. This combination of a trusted brand, diversified product portfolio and robust distribution platform provides us with a strong foundation for sustainable long-term growth. Today, we have a diversified portfolio of consumer electronics and appliances with air conditioners, televisions and washing machines as our key categories. Over the years, we have evolved our business in line with changing consumer preferences. While televisions have been the foundation of our brand and continue to remain an important part of our portfolio, air conditioners have emerged as our largest business, reflecting our ability to adapt, innovate and strengthen our presence in India's rapidly growing cooling market. As we embark on the next phase of our journey with Onida 2.0, we are focused on redefining our growth trajectory. Our strategy is centered on affordable premiumization, innovation-led product development, enhanced energy efficiency and deeper market penetration across India. We believe these strategic priorities, combined with our rich legacy, strong brand equity and experienced leadership team position us well to capitalize on the significant long-term opportunities presented by India's under-penetrated and fast-growing consumer durables market. Moving forward, let me briefly touch upon the industry and the opportunities we see ahead: As India continues to be one of the fastest-growing consumer durables and electronics markets in the world, and I firmly believe that the long-term structural opportunity remains stronger than ever, consumer preferences are evolving rapidly towards premium, smart and connected products, while low category penetration, rising household incomes, a young and aspirational population and continued urbanization are creating a significant runway for sustained growth across our businesses. Across each of our core categories, we see compelling opportunities. In air conditioners, penetration in India remains low, highlighting the immense headroom for growth as cooling increasingly becomes a necessity rather than a luxury. In televisions, the market is undergoing a meaningful transformation, driven by consumers upgrading to larger screens and smarter, connected experiences. Recent GST reductions are expected to further accelerate this aspirational and premiumization trend. Page 3 of 20 In washing machines, the category continues to witness healthy growth, supported by increasing adoption in Tier-2 and Tier-3 markets and a clear consumer preference for fully automatic and feature-rich products. At our company, we are positioning ourselves to capitalize on these long-term opportunities with a clear strategic vision. Through Onida Rewired, we are entering the next phase of our transformation with a sharp focus on affordable premiumization, innovation-led product development, superior customer experience and sustainable, profitable growth. As India's premium consumer electronics market continues to expand, we are confident in our ability to strengthen our position through differentiated products, disciplined execution and deeper market penetration. Our recent launch of the 100-inch QD Mini-LED Television reflects this strategy and our commitment to delivering world-class technology and premium experiences to Indian consumers. Let me now briefly take you through our operational performance during the quarter:  So, during Q1 Financial Year’ [Showing first 8,000 characters — download PDF for full document]