Marine Electricals Independent Director Tenure Completion

Section A – KMP Resignation Details

Name of Resigning KMP: Mr. Madan Gopal Pendse

Designation: Independent Director

Reason for Resignation: Completion of second tenure as an Independent Director

Effective Date of Resignation: July 10, 2026 (close of business hours)

Date of Resignation Letter: Not Specified

Duration in Role: Not Specified

Board's Acknowledgment / Statement: Not Specified

Replacement Appointed: Not Specified

Regulatory Compliance Statement: Disclosure made pursuant to Regulation 30 of 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: Not Specified

Additional Governance Impact

Consequent to cessation, Mr. Madan Gopal Pendse ceased to be:

• Chairman of Audit Committee
• Chairman of Stakeholders Relationship Committee

DIN: 07650301

Relationship inter-se Directors/Key Managerial Personnel/Senior Management Personnel: Not Applicable

Section B – Additional Observations or Disclosures

Not Specified

Section C – Financial & Governance Disclosures

Not Specified