BSECompany Update31 Aug 2026 · 31 Aug 2026, 06:35 pm

Pursuant to Reg 30 of the SEBI (LODR) Reg,2015 we hereby inform regarding Incorporation of Joint Venture Company.

Mehai Technology Ltd · 540730

✦ AI SummaryJoint Venture

Mehai Technology Ltd has incorporated a joint venture company, Mehai Manjeera Enterprise Private Limited, with Manjeera Engineering and Construction Co. Private Limited to provide mechanised cleaning, housekeeping and allied services.

Analysis Scores

Earnings Impact4/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Mehai Technology Ltd - 540730 - Announcement under Regulation 30 (LODR)-Joint Venture

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M ehai Mehai Technology Limited CIN: L62099WR2013PLC293942 Date: 31.08.2026 The Manager Department of Corporate Services Bombay Stock Exchange Limited 1st Floor, New Trading Wing, Rotunda Building, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001 Scrip Code: 540730 Security Id- MEHAI Dear Sir/ Madam, Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 — Incorporation of Joint Venture Company Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”), we hereby inform you that Mehai Technology Limited (“the Company”) has incorporated a Joint Venture Company, namely Mehai Manjeera Enterprise Private Limited, having CIN: U96010WR2026PTC296431 on 28" August, 2026 jointly with Manjeera Engineering and Construction Co. Private Limited. The details as required under Regulation 30 read with Schedule III of the SEBI LODR Regulations and SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026 as amended from time to time, are enclosed herewith as Annexure A. The incorporation of the Joint Venture Company is in line with the Company’s strategic objectives and is expected to enable the parties to undertake and provide mechanised cleaning, housekeeping and allied services to various organisations, including Government departments, public sector undertakings and other eligible entities. This disclosure is being made for the information of the Stock Exchange and the members of the Company. ‘We request you to kindly take the above information on your records. Thanking You Yours Faithfully For Mehai Technology Limited JUGAL KISHORE gy speas s stons BHAGAT e - Jugal Kishore Bhagat Managing Director DIN: 02218545 Regd. & Corporate Office: 144, Dakshindari Road, Sreebhumi, North 24 Pgs. Kolkata - 700048 WB IN Web: www.mehaitech.co.in E-mail: cs@mehai.co.in Phone: 91-9836000343 Mehai Technology Limited CIN: L62099WR2013PLC293942 ANNEXURE - A Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule IIT ls\ll(;. Particulars Details 1 Name(s) of parties with whom Mehai Technology Limited (“Company”)has entered into a the agreement is entered Joint Venture Agreement (“JVA™) with Manjeera Engineering and Construction Co. Private Limited (“JV Partner”) for incorporation and operation of Mehai Manjeera Enterprise Private Limited (“JV Company™).” 2 Purpose of entering into the The purpose of entering into the JVA is to establish a joint agreement venture for any legally permissible arrangement, in tenders, contracts, bids, concessions, work orders and other procurement opportunities floated by Indian Railways, Railway Zones, Railway Production Units, Railway PSUs, Government Departments, Ministries, Local Authorities, Statutory Bodies, Public Sector Undertakings, Government Companies, autonomous bodies, private organisations and other entities, in relation to mechanised laundry services, laundry management services, washing, drying, ironing, pressing, folding, packing, handling and distribution of linen, bed rolls and other textile articles, Mechanized Cleaning Services & Housekeeping Services.. The JV Company will undertake the following business. 3 Shareholding, if any, in the entity | The Company holds 49% of the equity share capital of the TV with whom the agreement is | Company and Manjeera Engineering and Construction Co. executed Private Limited holds the remaining 51%.” 4 Significant ~ terms of the | The Board of Directors of the JV Company have been appointed agreement (in brief), including | one director from each of the Company and the JV Partner, special rights namely Mr. Jugal Kishore Bhagat and Mr. Ashok Khoba, respectively.” 5 ‘Whether the parties are related to | No promoter/promoter group/group companies 6 ‘Whether the transaction would | No fall within related party transactions 7 In case of issuance of shares, | 10,000 equity shares of face value of X10 each, aggregating to details of issue price and class of | 1,00,000. shares The Company has subscribed to 4,900 equity shares of 310 each, aggregating to ¥49,000 8 Any other disclosures relating to | None the agreement 9 Details about the Joint Venture Name: Mehai Manjeera Enterprise Private Limited Company CIN: U96010WR2026PTC296431 Date of incorporation: 28 August 2026 Country of Incorporation: India Registered office: 144, Dakshindari Road, Sreebhumi, North 24 Parganas, Kolkata — 700048 Nature of business: Housekeeping Services and allied activities Issued/ Paid up share capital: ¥1,00,000 Shareholding: 49% held by Mehai Technology Limited and Regd. & Corporate Office: 144, Dakshindari Road, Sreebhumi, North 24 Pgs. Kolkata - 700048 WB IN Web: www.mehaitech.co.in E-mail: cs@mehai.co.in Phone: 91-9836000343 Mehai Technology Limited CIN: L62099WR2013PLC293942 51% held by Manjeera Engineering and Construction Co. Private Limited. 10 Date of execution of the 28% August,2026 agreement 11 Expected date of commencement | The date of commencement of commercial operations has not of commercial operations yet been determined. 12 Nature of consideration Subscription to Equity Shares of the JV Company. 13 Total consideration / investment | ¥49,000 towards subscription to 4,900 equity shares of 310 each, by the Company representing 49% of the equity share capital of the JV Company. 14 Size of the agreement The JVA does not involve any separate monetary consideration. The Company's investment in the JV Company is 349,000 towards subscription to 4,900 equity shares of %10 each. 15 Rationale and benefits expected | The JV is expected to enable the Company to expand its from the transaction business, participate in new market opportunities and undertake housekeeping and allied services, thereby supporting the Company's long-term business objectives. 16 Impact of the agreement on the | The transaction is not expected to have any material adverse listed entity impact on the Company. 17 ‘Whether the transaction is in the | The incorporation of the Joint Venture Company is in the ordinary course of business furtherance of the Company's business 18 ‘Whether the transaction is | The transaction is being disclosed pursuant to Regulation 30 of material under Regulation 30 the SEBI LODR Regulations. 19 Conflict of interest, if any None. 20 Other material terms and | None other than those stated above. conditions Digtaly signed by JUGAL JUGALKISHORE (sore siacar Date: 20260831 18:19:47 BHAGAT 0 Regd. & Corporate Office: 144, Dakshindari Road, Sreebhumi, North 24 Pgs. Kolkata - 700048 WB IN Web: www.mehaitech.co.in E-mail: cs@mehai.co.in Phone: 91-9836000343