Rexnord Electronics & Controls Ltd — Important, 04-09-2025: Company Update

Rexnord Electronics has secured its manufacturing unit's long-term operations by adding a renewal clause to its existing Leave and License Agreement. This addendum, with CFO and Promoter Mr. Kundan K. Talwar, allows the company to request extensions for its current manufacturing premises. The company pays a monthly license fee of 0.15 Cr and holds a 1 Cr refundable security deposit. This related-party transaction, conducted at arm's length, ensures business continuity for the vital manufacturing facility.