General Updates

Engineering Limited Ref: SEL/2026-27/054 Date: 25/08/2026 The Manager (Listing) The Manager (Listing) Corporate Relationship Dept. National Stock Exchange of India Limited BSE Limited “Exchange Plaza”, P J Tower, Plot No C/1, G Block Dalal Street, BandraKurla Complex, Bandra (E) Mumbai - 400 001 Mumbai - 400 051 Company Code: 532710 (BSE) NSE Symbol: SADBHAYV (NSE) Sub: Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 on signing of the DEED OF ACCESSION TO Master Restructuring Agreement (‘MRA”) Dear Sir/Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) read with Para B of Part A of Schedule ITT to the Listing Regulations, in continuation with our earlier announcement dated March 26, 2026 regarding signing of Master Restructuring Agreement (“MRA”) with the requisite majority of consortium lenders, we are pleased to inform that, on August 25, 2026, two additional lenders, namely SBI and ICICI Bank have entered into a Deed of Accession to the Master Restructuring Agreement (“MRA”) as assenting lenders for the debt restructuring plan of Sadbhav Engineering Limited. Further details of the Deed of Accession to MRA as per SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026 has been provided as enclosed under Annexure-I. - You are requested to take the same on records. Thanking You, Yours Faithfully, For Sadbhav Engineering Limited SCGNNEE . [=( - Shashin Patel K'E:\ S Chairman & Managing Director \_9%;\,7 ,,/@\7 f DIN: 00048328 N * Encl: a.a & “Sadbhav House” Opp. Law Garden Police Chowki, Ellisbridge, Ahmedabad-380 006 @ +91 79 2646 3384 2 selinfo@sadbhav.co.in & www.sadbhav.co.in CIN: L45400GJ1988PLC011322 Engineering Limited Annexure-I Particulars Details Name(s) of parties with whom A Deed of Accession to Master Restructuring the agreement is entered; Agreement (“MRA™) has been executed on 25% Aug ust, 2026 by the Company, IDBI Trusteeship Services Limited (as a security trustee and as a debenture trustee) and the following lenders: State Bank of India D ICICI Bank Limited Punjab National Bank E Axis Bank WP Bank of India ACRE Union Bank of India Yes Bank Limited The Deed of Accession to the MRA provides for additional lenders, ICICI Bank Limited and State Bank of India to accede to the MRA, as assenting lenders to the resolution plan. Purpose of entering into the The deed of Accession to MRA has been executed to agreement formally record the terms of the restructuring plan with ICICI Bank and State Bank of India and include them within the coverage of whole restructuring plan (prepared in accordance with stressed assets restructuring framework of the Reserve Bank of India) Size of agreement; The Deed of Accession to MRA has been executed in relation to debt aggregating to Rs. 194.93 Crores (comprising of a fund-based exposure of Rs. 167.86 Crore and non-fund bascd limits of Rs. 27.07 Crore). The fund-based exposure will be restructured as non- convertible debentures. Shareholding, if any, in the NIL entity with whom the agreement is executed; & “Sadbhav House” Opp. Law Garden Police Chowki, Ellisbridge, Ahmedabad-380 006 (® +91 79 2646 3384 52 selinfo@sadbhav.co.in & www.sadbhav.co.in CIN: L45400GJ1988PLC011322 Engineering Limited Significant terms of the 1. The lenders have right to appoint nominee agreement (in brief) special directors. rights like right to appoint 2. The Company is obligated to convert certain directors, first right to share interest component of part of the debentures subscription in case of (proposed to be issued) into equity, to the lenders. issuance of shares, right to restrict any change in capital 3. The MRA also obligates conversion of promoter structure etc.; debt, both existing and additionally infused amounts into equity. Whether, the said parties are NA related to promoter/promoter group/ group companies in any manner. If yes, nature of relationship; Whether the transaction NA would fall within related party transactions? If yes, whether the same is done at “arm’s length”; In case of issuance of shares to As per terms of the restructuring plan, part of the the parties, details of issue interest obligations on the debentures, due to the price, class of shares issued debenture holders are proposed to be converted to equity. Additionally, the promoter is under obligation to convert existing and further promoter debt into equity. The issuance price shall be determined in accordance with RBI guidelines and SEBI regulations. In case of loan agreements, The deed of Accession to MRA or MRA is not a details of lender/borrower, standalone loan agreement, however it has effect of nature of the loan, total restructuring of various existing loan facilities. amount of loan granted/taken, Parties to the agreement: As mentioned above, total amount outstanding, date provisions have been provided for the remaining of execution of the loan lenders to accede to the MRA at a later date. agreement/sanction letter, details of the security provided Date of underlying loan agreements: to the lenders / by the borrowers for such loan or in The MRA and consequently the deed of Accession to case outstanding loans lent to a MRA have been entered into in relation to various party or borrowed from a underlying agreements including loan agreement was & “Sadbhav House” Opp. Law Garden Police Chowki, Ellisbridge, Ahmedabad-380 006 (& +91 79 26 3384 selinfo@sadbhav.co.in & www.sadbhav.co.in CIN: L45400GJ1988PLC011322 Engineering Limited party become material on a | entered into on March 18, 2008 as supplemented by cumulative basis first supplemental working capital consortium agreement dated February 19, 2010, by second supplemental working capital consortium agreement dated August 29, 2011, by amended and restated working capital consortium agreement dated March 18, 2016, by fourth supplemental working capital - consortium agreement dated September 27,2018, and by fifth supplemental working capital consortium agreement dated August 12, 2021. Amount of Loan Granted: The deed of Accession to MRA or MRA does not provide for fresh funding/loan. Total Debt of rupees 194. 93 Crores (fund based exposure is Rs. 167.86 Crores and non-fund based exposure is Rs. 27.07 Crores) is getting restructured through the MRA. Existing security available with the consortium will be extended for securing the debentures. _ Any other disclosures related | NA to such agreements, viz., details of nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreements, etc. & “Sadbhav House” Opp. Law Garden Police Chowki, Ellisbridge, Ahmedabad-380 006 ® +91 79 2646 3384 2 selinfo@sadbhav.co.in & www.sadbhav.co.in CIN: L45400GJ1988PLC011322