Marine Electricals Independent Director Mohan Rao Tenure Completion

Section A – KMP Resignation Details

Name of Resigning KMP: Mr. Mohan Rao (DIN: 02592294)

Designation: Independent Director

Reason for Resignation: Cessation upon completion of his second tenure as an Independent Director.

Effective Date of Resignation: Close of business hours on May 29, 2026.

Date of Resignation Letter: Not Specified

Duration in Role (if available): Not Specified

Board’s Acknowledgment / Statement: Not Specified

Replacement Appointed (if any): Not Specified

Regulatory Compliance Statement (SEBI LODR, Circulars): Disclosure made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Delay in Disclosure (if applicable): Not Specified

Consequent Committee Changes: Mr. Mohan Rao ceased to be the Member of Nomination & Remuneration Committee, Stakeholders Relationship Committee, and Risk Management Committee.

Relationship inter-se: Not Applicable

Section B – Additional Observations or Disclosures (If Any)

Not Specified

Section C – Financial & Governance Disclosures (If Present)

Not Specified

Disclosure Reference: MEIL/SEC/2026-27/12

Date of Disclosure: 29th May, 2026