Susan Electricals India LimitedBSE: SUSAN

Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Directors Held On 16Th September, 2026

Sep 16, 2026 at 10:20 AM UTC · Issued by Susan Electricals India Limited via BSE India

Filed with BSE · Sep 16, 2026 at 10:20 AM UTC · 3 pages · English

On 6ix: 6ix.com/news/board-meeting-outcome-for-outcome-of-the-meeting-of-the-board-of-directors-held-on-16th-september-2026

Release

1. Purchase of land situated at Mauza Jaunmani, District Baghpat, Uttar Pradesh for a proposed consideration of approximately INR 22,00,00,000/- (Rupees Twenty Two Crore Only) for expansion of the Company''s manufacturing facilities/capacity and business operations on such terms and conditions as may be mutually agreed upon and considered appropriate in the interest of the Company. The requisite details of the proposed transaction pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are set out in Annexure-A.2. Approval of the Cost Audit Report for the financial year ended on 31st March, 2026 recommended by the Audit Committee of the Board, as prepared by the Cost Auditors of the Company in accordance with the applicable provisions of the Companies Act, 2013 and the rules made thereunder.

Filing text

Page 1

Registered Office : 1703, 17th Floor, Nirmal Tower, 26, Barakhamba Road, Connaught Place, New Delhi- 110001 Corporate Office : E-5, 2nd Floor, Chander Nagar, Ghaziabad, Uttar Pradesh-201011 E-mail : office@seil.net.in, Contact Nos. : +91-11 45701633, +91-120-4331296, +91-73032744645

Date: 16.09.2026

To BSE Limited Department of Corporate Services 25^th Floor, PJ Towers, Dalal Street, Mumbai - 400001

SCRIP CODE: 544793 SYMBOL: SUSAN ISIN: INE2L0V01019

Subject: Outcome of the Meeting of the Board of Directors held on 16^th September, 2026

Ref.: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/Mam,

With reference to the captioned subject, we would like to inform you that the Board of Directors of Susan Electricals India Limited (“Company”) at its meeting held today i.e. Wednesday, 16^th September, 2026 inter alia considered and approved the following:

2. Approval of the Cost Audit Report for the financial year ended on 31^st March, 2026 recommended by the Audit Committee of the Board, as prepared by the Cost Auditors of the Company in accordance with the applicable provisions of the Companies Act, 2013 and the rules made thereunder.

The Board Meeting concluded at 3.40 P.M. (IST).

Kindly take the above information on record.

Thanking you,

For Susan Electricals India Limited

RESHMA SHUKLA Digitally signed by RESHMA SHUKLA Date: 2026.09.16 15:42:27 +05'30"

Reshma Shukla Company Secretary and Compliance Officer M.No. A-27717

Factory Unit:1-18/27 & 31, Site-IV, Sahibabad Industrial Area, Sahibabad Ghaziabad, U.P.-201010 Factory Unit:2-AO-43, South Side G.T. Road Industrial Area, Amrit Steel Compound, Ghaziabad, U.P.-201009

Page 2

Annexure – A

Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015:

S. No.	Particulars	Details
1.	Name of the entity / person from whom the land is proposed to be acquired and details in brief	Mr. Parveen Kumar Jain S/o Mr. Sudershan Lal Jain. The Company proposes to purchase land situated at Mauza Jaunmani, District Baghpat, Uttar Pradesh.
2.	Whether the transaction would fall within related party transaction(s) and whether the promoter/promoter group/group companies have any interest in the entity from whom the land is proposed to be acquired? If yes, nature of interest and details thereof and whether the same is done at “arm's length”	The seller is not related to the Company, its Promoter/Promoter Group, Directors or Key Managerial Personnel and the proposed transaction does not constitute a Related Party Transaction.
3.	Area of land	Approximately 1.96 Hectare
4.	Relationship with the Company / Promoter / Promoter Group	None
5.	Industry to which the entity being acquired belongs	Not Applicable, as the transaction relates to purchase of land and not acquisition of an entity
6.	Objects and effects of acquisition	The proposed acquisition is being undertaken for expansion of the Company's manufacturing facilities/capacity and business operations
7.	Brief details of any governmental or regulatory approvals required for the acquisition	The transaction shall be subject to obtaining such statutory, regulatory and other approvals/permissions, if any, as may be applicable for purchase and registration of the land.
8.	Indicative time period for completion of the acquisition	The proposed transaction is expected to be completed within such period as may be mutually agreed between the parties, subject to

Page 3

Registered Office : 1703, $17^{\text{th}}$ Floor, Nirmal Tower, 26, Barakhamba Road, Connaught Place, New Delhi- 110001 Corporate Office : E-5, $2^{nd}$ Floor, Chander Nagar, Ghaziabad, Uttar Pradesh-201011 E-mail : office@seil.net.in, Contact Nos. : +91-11 45701633, +91-120-4331296, +91-73032744645

		completion of applicable legal, statutory and registration formalities
9.	Nature of consideration – whether cash consideration or share swap and details of the same	Cash consideration.
10.	Cost of acquisition / consideration	Estimated/proposed consideration of approximately INR 22,00,00,000/- (Rupees Twenty Two Crore only).
11.	Percentage of shareholding / control acquired and/or number of shares acquired	Not Applicable, as the transaction relates to purchase of land and does not involve acquisition of shares or control in an entity.
12.	Brief background about the entity acquired	Not Applicable as the transaction relates to acquisition of land and not acquisition of an entity

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