You can rename files in windows with following command. Below command changes MOD extension of file to MPEG extension. It changes all the extensions even in subdirectories.
for /f "delims=*" %a in ('dir *.MOD /b /s') do ren "%a" *.MPEG
for /f "delims=*" %a in ('dir *.MOD /b /s') do ren "%a" *.MPEG