KRN Heat Exchanger and Refrigeration Ltd

1. Approved the Modification/Amendment in the loan agreement dated 15th April 2023executed with KRN HVAC Products Private Limited (KRN HVAC) a wholly ownedsubsidiary Company of the Company. (Annexure I)2. Approved the execution of loan agreement dated 12th January 2026 with ThermotechResearch Laboratory Private Limited (TRL) a wholly owned subsidiary Company of theCompany to grant an unsecured loan of Rs. 100000000/- (Rs. Ten Crores only) in oneor more tranches. (Annexure II)3. Approved the KRN Employee Stock Option Plan 2026 (ESOP Plan) in accordancewith the Securities and Exchange Board of India (Share Based Employee Benefits andSweat Equity) Regulations 2021 Subject to the approval of the members of thecompany. (Annexure - III)