ELECON2026-04-162026-04-16ChangeInManagementDomain1 ELECON2026-04-16ChangeInManagementDomain1 ELECON2026-04-162026-04-16ChangeInManagementDomain2 ELECON2026-04-16ChangeInManagementDomain2 ELECON2026-04-162026-04-16ChangeInManagementDomain3 ELECON2026-04-16ChangeInManagementDomain3 ELECON2026-04-162026-04-16ChangeInManagementDomain4 ELECON2026-04-16ChangeInManagementDomain4 ELECON2026-04-162026-04-16ChangeInManagementDomain5 ELECON2026-04-16ChangeInManagementDomain5 ELECON2026-04-162026-04-16ChangeInManagementDomain6 ELECON2026-04-16ChangeInManagementDomain6 ELECON2026-04-162026-04-16ChangeInManagementDomain7 ELECON2026-04-16ChangeInManagementDomain7 ELECON2026-04-162026-04-16ChangeInManagementDomain8 ELECON2026-04-16ChangeInManagementDomain8 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares ELECON ELECON ENGINEERING COMPANY LIMITED Appointment Chief financial officer Chintan Jashvantlal Shah 2026-04-15 0 Mr. Chintan Shah brings nearly 19 years of extensive experience in Finance and Accounts, having played a pivotal role in driving financial strategy, managing risk, overseeing project monitoring, ensuring listing compliance and building strong relationships with investors and stakeholders, alongwith contributing to strategic initiatives. He is a seasoned finance leader with a proven track record of enabling growth across multinational and multicultural organizations spanning Big4 Consulting, IT services, Engineering Industries, Medical Device Industries and chemical industries. He is widely recognized for his expertise in business controlling, financial strategy execution, integrated system implementation and cross-functional leadership. Mr. Shah is poised to bring fresh perspectives and innovative ideas to the organization, contributing to its continued growth and success. Re-appointment Managing director Prayasvin Bhanubhai Patel 2026-07-01 3 Mr. Prayasvin Patel is a distinguished industrialist with over five decades of rich experience in the engineering and manufacturing industry. He commenced his professional journey as Sales Director at Prayas Casting Private Limited and subsequently joined Elecon Engineering Company Limited as Joint Managing Director. Under his visionary leadership, he rose to become Managing Director, 1993 and later Chairman and Managing Director, 2006. He played a transformational role in establishing Elecon’s Gear Division as Asia’s largest industrial gear manufacturer. He successfully led the Group’s first international acquisition of Benzlers Radicon from David Brown Gear Systems, marking a significant milestone in Elecon’s global expansion. He also spearheaded the development of the ultramodern Bhanubhai Memorial Centre of Excellence and diversified the Group’s portfolio into bridge construction and ultrasonic testing equipment manufacturing. His strategic foresight and deep understanding of industry dynamics have enabled Elecon Group to lead across several sectors. He is Related to Mr. Pradip M. Patel, Non Executive and Non Independent Director as Brother in law and to Mr. Aayush A. Shah, Non Executive and Non Independent Director, as Father in law. Appointment Executive director Aayush Alkesh Shah 2026-10-01 3 Mr. Aayush A. Shah holds a degree in Mechanical Engineer from the Georgia Institute of Technology, USA. He currently serves as the Chief Executive Officer and Executive Director of Power Build Private Limited. Under his leadership, PBL has reached significant milestones even during challenging times, and its journey continues to thrive. With a solid foundation in operational management and extensive personal and social networking, Mr. Shah possesses a deep understanding of multicultural business challenges. He is known for his attention to detail, analytical thinking and practical approach. He is a firm believer in the power of technology, continuous improvement, customer engagement and innovation. He is Related to Mr. Prayasvin Patel, Chairman and Managing Director, as Son in law. Appointment Non - Executive Independent Director Savan Godiawala 2026-04-15 5 Dr. Savan Godiawala has 34 years of experience in providing investment banking and financial advisory services. He retired as a Partner at Deloitte Touche Tohmatsu India LLP in March 2024. He holds a PhD in Management, is a Chartered Accountant, and has bachelor’s degrees in Law and Commerce. He is also a qualified Insolvency Professional and holds a postgraduate diploma in Counselling Psychology and Psychotherapy. He is a Visiting Faculty at the Indian Institute of Management Ahmedabad and the Indian Institute of Technology Gandhinagar. He serves as an Independent Director on the boards of various companies and is a member of the Investment Committee of a private equity fund. He has co-authored a book on Business Taxation published by McGraw Hill Education. He regularly contributes articles to professional journals and speaks at various conferences. He has served on committees of several professional and industry associations. NA Re-appointment Statutory auditor CNK and Associates LLP 2026-04-01 5 C N K and Associates LLP, is a Chartered Accountant Firm registered with The Institute of Chartered Accountants of India with Firm Registration No. 101961W W100036. The firm has presence in 6 major cities in India including Vadodara and Ahmedabad. The Firm has been associated as Statutory Auditors of many listed and other large companies, Banks, including PSUs including a Fortune 500 company for more than 5 decades, and is closely working with regulatory bodies in various capacities. The firm has been subjected to peer review process by The Institute of Chartered Accountants of India and Inspection process by the National Financial Reporting Authority. The Firm has significant experience in audit of large manufacturing entities including in the engineering sector. Re-appointment Tax auditor CNK and Associates LLP 2026-04-01 1 C N K and Associates LLP, is a Chartered Accountant Firm registered with The Institute of Chartered Accountants of India with Firm Registration No. 101961W W100036. The firm has presence in 6 major cities in India including Vadodara and Ahmedabad. The Firm has been associated as Statutory Auditors of many listed and other large companies, Banks, including PSUs including a Fortune 500 company for more than 5 decades, and is closely working with regulatory bodies in various capacities. The firm has been subjected to peer review process by The Institute of Chartered Accountants of India and Inspection process by the National Financial Reporting Authority. The Firm has significant experience in audit of large manufacturing entities including in the engineering sector. Re-appointment Cost auditor Ketki D Visariya and Co. 2026-04-01 1 Ketki D Visariya and Co. is the partnership firm. Ms. Ketki Visariya, founding partner of the Firm, has vast exposure and experience serving various companies as a Cost Auditor and Consultant for more than 29 years. Her specialization spreads across various industries like Chemical, Textiles, Paper, Electricity, Engineering, Bulk Drugs, Fertilizers, Gems and Jewellery, Garments, Automobiles, Food, Cosmetics and Toiletries, Printing and Publishing, Paint Industry, Telecommunication and Electrical Components etc. Re-appointment Internal auditor K. C. Mehta and Co LLP 2026-04-01 1 The firm is 68 years old, with 22 partners and 105 chartered accountants. The firm is based out of Vadodara with full service Branches at Ahmedabad, Mumbai and Bengaluru. Total staff strength of over 400. K. C. Mehta and Co LLP has some of the largest entities in India and abroad as their clients. Various services like Direct Tax including International Tax and Transfer Pricing studies, Indirect Tax, Corporate Advisory, Audits, Merger & Acquisitions, Strategic Advisory under various laws are handled by specialized teams. It has a large and diversified portfolio of Listed entities in the GRC service vertical which provides the Internal Audit service.