Acquisition

Date: September 03, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor Dalal Street, Plot no. C/l, G Block, Mumbai- 400001. Bandra - Kurla Complex, Bandra (E), Mumbai - 400 051. Scrip Code: 543266 Symbol: HERANBA Dear Sir/Madam, Sub: Intimation under Regulation 30 SEBI (LODR) Regulations, 2015 (“Listing Regulations”) regarding allotment of equity shares by material subsidiary M/s. Mikusu India Private Limited In continuation of our Letter dated August 22, 2026 wherein we had intimated that the Board of Directors of the Company at their meeting held on Saturday, August 22, 2026 has, inter alia, considered and approved the further investment in the share capital of Mikusu India Private Limited (“Mikusu”), a wholly owned subsidiary of the Company up to an amount not exceeding INR equivalent to Rs. 25 Crores by way of Right Issue of Mikusu India Private Limited. In this regard and Pursuant to Regulation 30 read with Schedule III, Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to further inform you that Mikusu India Private Limited (“Mikusu”), a material unlisted wholly owned subsidiary of the Company, has, today on September 03, 2026, allotted 2,49,50,000 (Two Crores Forty-Nine Lakhs Fifty Thousand) partly paid-up Equity Shares of face value ₹10/- each, at par, to Heranba Industries Limited (“the Company”). The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular SEBYHO/CFD/PoD2/CIR/P/0155 dated January 30, 2026 are enclosed as Annexures - I. This shall also be uploaded on the website of the Company. You are requested to kindly take the above information on record. Thanking You. Yours faithfully, For Heranba Industries Limited Abdul Latif Company Secretary & Compliance Officer Encl: as above Annexures - I The details of acquisition/ investment pursuant to allotment of equity shares as required under Regulation 30 read with the SEBI Master Circular SEBYHO/CFD/PoD2/CIR/P/0155 dated January 30, 2026. Sr. Particulars Description 1. Name of the target entity, details in Name of Entity: Mikusu India Private brief such as size, turnover etc. Limited, wholly owned subsidiary of the Company. Date of Incorporation: April 09, 2022 Pre Allotment Paid up Capital: Rs. 5,00,000 Post Allotment Paid up Capital: Rs. 12,52,50,000 Call Up Capital : Rs. 12,47,50,000/- Turnover: 182.68 Crores as on March 31, 2026 2. Whether the acquisition would fall The aforesaid transaction falls under related within related party transaction(s) and party transaction. However, since the whether the promoter/promoter transaction is with the wholly owned group/ group companies have any subsidiary of the Company, it is exempted as interest in the entity being acquired? per Regulation 23 of the SEBI (Listing If yes, nature of interest and details Obligations and Disclosure Requirements) thereof and whether the same is done Regulations, 2015. at “arm’s length” The promoter/promoter group are interested in the transaction only to the extent of their shareholding/directorship in the Company. The transaction is undertaken in the ordinary course of business and at arm’s length basis. 3. Industry to which the entity being Trading of Agro Chemical products acquired belongs 4. Objects and impact of acquisition The investment will support the business (including but not limited to, operations and growth plans of Mikusu India disclosure of reasons for acquisition of Private Limited. There will be no change in the target entity, if its business is outside shareholding pattern or control of Mikusu the main line of business of India Private Limited, which shall continue to the listed entity) remain a wholly owned subsidiary of the Company. 5. Brief details of any governmental or Not Applicable regulatory approvals required for the acquisition 6. Indicative time period for completion The allotment has been completed on of the acquisition September 03, 2026. The balance call money shall be paid as and when called by Mikusu India Private Limited. 7. Consideration - whether cash Cash consideration or share swap or any other form and details of the same 8. Cost of acquisition and/or the price at Rs.24,95,00,000/- (Rupees Twenty-Four Crores which the shares are acquired Ninety-Five Lakhs Only), of which Rs.12,47,50,000/- has been paid towards application and allotment money. The balance amount of Rs. 12,47,50,000/- shall be paid as and when called by Mikusu India Private Limited. 9. Percentage of shareholding / control There will be no change in the shareholding acquired and / or number of shares structure. Mikusu India Private Limited shall acquired continue to remain a wholly owned subsidiary of the Company and the Company shall continue to hold 100% of the equity share capital of Mikusu India Private Limited. 10. Brief background about the entity Brief background: Mikusu India Private acquired in terms of products/line of Limited is a wholly owned subsidiary of the business acquired, date of Company. It engaged in the business of Agro incorporation, history of last 3 years Chemicals. turnover, country in which the acquired entity has presence and any Date of Incorporation: April 09, 2022 other significant information (in brief). Country: India History of last 3 years’ turnover: FY 2025-26: ₹ 182.68 Crores; FY 2024-25: ₹ 152.40 Crores; FY 2023-24: ₹ 92.91 Crores;