H.G. Infra Engineering Limited has entered into the EPC contracts dated March 30, 2024 with Norangdesar Solar Developer Private Limited and Rasisar Solar Developer Private Limited for the Solar Power Plants. Name of the entity awarding the order(s)/contract(s): Norangdesar Solar Developer Private Limited. Significant terms and conditions of order(s)/contract(s) awarded in brief: Engineering, Procurement and Construction (EPC) contract for design, survey, supply, installation, testing, commissioning of two solar power plants under the project `Design, survey, supply, installation, testing, commissioning, operation & maintenance for 25 years (unless extended by both the parties on mutual agreement) from Commercial Operation Date (COD) of grid connected solar power plant(s) through RESCO mode, its associated 33KV line/11 KV line (as applicable) to connect the various plant(s) with corresponding 33/11 KV GSS and Remote Monitoring System (RMS) of solar power plant(s) at specific locations made available by NHLML/NHAI along the Amritsar-Bhatinda-Jamnagar corridor, for solarisation of agriculture consumers connected on 11 KV feeders of the GSS, under KUSUM Scheme - Component C (Feeder Level Solarisation) in JDVVNL against TN-DSM-02.

Total Solar Plants' Capacity - 6.52 MW (AC). Whether order(s)/contract(s) have been awarded by domestic/international entity: Domestic. Nature of order(s)/contract(s): Engineering, Procurement and Construction (EPC) contract for the Solar Power Plants.

Whether domestic or international: Domestic. Time period by which the order(s)/contract(s) is to be executed: 9 Months. Broad consideration or size of the order(s)/contract(s): The estimated construction/development cost is INR 360 Million (Including GST).

Whether the promoter/promoter group/group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof: Yes, H.G. Solar Projects Private Limited, a wholly owned subsidiary of H.G. Infra Engineering Limited, has incorporated Norangdesar Solar Developer Private Limited with an equity shareholding of 49% to undertake the solar power plant projects. Mr. Vaibhav Choudhary, belongs to the promoter group of the Company, is also a director in Norangdesar Solar Developer Private Limited.

Whether the order(s)/contract(s) would fall within related party transactions? If yes, whether the same is done at "arm's length": Yes, The contract is at arm's length. Name of the entity awarding the order(s)/contract(s): Rasisar Solar Developer Private Limited.

Significant terms and conditions of order(s)/contract(s) awarded in brief: Engineering, Procurement and Construction (EPC) contract for design, survey, supply, installation, testing, commissioning of two solar power plants under the project `Design, survey, supply, installation, testing, commissioning, operation & maintenance for 25 years (unless extended by both the parties on mutual agreement) from Commercial Operation Date (COD) of grid connected solar power plant(s) through RESCO mode, its associated 33KV line/11 KV line (as applicable) to connect the various plant(s) with corresponding 33/11 KV GSS and Remote Monitoring System (RMS) of solar power plant(s) at specific locations made available by NHLML/NHAI along the Amritsar-Bhatinda-Jamnagar corridor, for solarisation of agriculture consumers connected on 11 KV feeders of the GSS, under KUSUM Scheme - Component C (Feeder Level Solarisation) in JDVVNL against TN-DSM-02. Total Solar Plants' Capacity - 5.04 MW (AC). Whether order(s)/contract(s) have been awarded by domestic/international entity: Domestic.

Nature of order(s)/contract(s): Engineering, Procurement and Construction (EPC) contract for the Solar Power Plants. Whether domestic or international: Domestic. Time period by which the order(s)/contract(s) is to be executed: 9 Months.

Broad consideration or size of the order(s)/contract(s): The estimated construction/development cost is INR 280 Million (Including GST). Whether the promoter/promoter group/group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof: Yes, H.G. Solar Projects Private Limited, a wholly owned subsidiary of H.G. Infra Engineering Limited (the "Company"), has incorporated Norangdesar Solar Developer Private Limited with an equity shareholding of 49% to undertake the solar power plant projects.

Mr. Vaibhav Choudhary, belongs to the promoter group of the Company, is also a director in Norangdesar Solar Developer Private Limited. Whether the order(s)/contract(s) would fall within related party transactions? If yes, whether the same is done at "arm's length": Yes, The contract is at arm's length.