The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for JM Financial Asset Reconstruction Company Ltd

September 3, 2026 BSE Limited National Stock Exchange of India Limited Department of Corporate Services Exchange Plaza 1st Floor, New Trading Ring Plot No.C-1, G Block Rotunda Building, P J Towers Bandra-Kurla Complex Dalal Street, Fort, Bandra (East) Mumbai – 400001 Mumbai – 400 051 Security Code: 521070 Symbol: ALOKINDS Dear Sirs, Sub: Disclosure under regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, we, JM Financial Asset Reconstruction Company Limited (acting in its capacity as trustee of JMFARC–March 2018–Trust) make the necessary disclosure in the form specified therein. Kindly take the same on your record. Thank you. Yours faithfully, for JM Financial Asset Reconstruction Company Limited (acting in its capacity as trustee of JMFARC–March 2018–Trust) Vineet Singh Company Secretary Encl: a/a JM Financial Asset Reconstruction Company Limited Corporate Identity Number : U67190MH2007PLC174287 Regd. Office: 7th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai 400 025. T: +91 22 6630 3030 F: +91 22 6630 3223 www.jmfinancialarc.com Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Name of the Target Company (TC) Alok Industries Limited Name(s) of the acquirer and Persons Acting in JM Financial Asset Reconstruction Company Limited, Concert (PAC) with the acquirer acting in its capacity as trustee of ‘JMFARC – March 2018 – Trust’ (“JMFARC”) as Person Acting in Concert (“PAC”) with Reliance Industries Limited (“RIL”). Whether the acquirer belongs to Promoter/ JMFARC is the PAC with RIL but considering that Promoter group there is no provision for disclosing PAC with promoter and promoter group, the same has been shown as part of the promoter group in the shareholding pattern with an explanatory note. Name(s) of the Stock Exchange(s) where the i. BSE Limited shares of TC are Listed ii. National Stock Exchange of India Limited Details of the acquisition / disposal as follows Number % w.r.t. total % w.r.t. total share/voting diluted capital share/voting wherever capital of the TC applicable (*) (**) Before the acquisition / disposal under consideration, holding of: a) Shares carrying voting rights i. JM Financial Asset Reconstruction 173,73,11,844 34.99% 34.99% Company Limited acting in its capacity as trustee of JMFARC – March 2018 – Trust ii. Reliance Industries Limited 198,65,33,333 40.01% 40.01% b) Shares in the nature of encumbrance (pledge/ Nil Nil Nil lien/ non-disposal undertaking/ others) c) Voting rights (VR) otherwise than by shares Nil Nil Nil d) Warrants/convertible securities/any other Nil Nil Nil instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) e) Total (a+b+c+d) 372,38,45,177 75.00% 75.00% Details of acquisition/sale a) Shares carrying voting rights acquired / sold i. JM Financial Asset Reconstruction 15,25,00,000(1) 3.07% 3.07 % Company Limited acting in its capacity as trustee of JMFARC – March 2018 – Trust b) VRs acquired/sold (VR) otherwise than by Nil Nil Nil shares c) Warrants/convertible securities/any other Nil Nil Nil instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired/ sold d) Shares encumbered / invoked / released by Nil Nil Nil the acquirer e) Total (a+b+c+/-d) 15,25,00,000(1) 3.07% 3.07% After the acquisition/sale, holding of: a) Shares carrying voting rights i. JM Financial Asset Reconstruction Company Limited acting in its capacity 158,48,11,844 31.92% 31.92% as trustee of JMFARC – March 2018 – Trust ii. Reliance Industries Limited 198,65,33,333 40.01% 40.01% b) Shares encumbered with the acquirer Nil Nil Nil c) VRs otherwise than by shares Nil Nil Nil d) Warrants / convertible securities / any other instrument that entitles the acquirer to receive Nil Nil Nil shares carrying voting rights in the TC (specify holding in each category) after acquisition e) Total (a+b+c+d) 357,13,45,177 71.93% 71.93% Mode of acquisition / sale (e.g. open market / off- Open Market market / public issue / rights issue / preferential allotment / inter-se transfer etc). Date of acquisition / sale of shares / VR or date of On various dates between August 27, 2026 and receipt of intimation of allotment of shares, September 3, 2026 whichever is applicable Equity share capital / total voting capital of the TC 496,52,40,401 before the said acquisition / sale Equity share capital/ total voting capital of the TC 496,52,40,401 after the said acquisition / sale Total diluted share/voting capital of the TC after 496,52,40,401 the said acquisition (1) Equity shares are sold as under: Date Number of equity shares sold % w.r.t. total share/voting capital* Up to and including September 1, 2026 10,75,00,000 2.16% On September 2, 2026 and September 3, 2026 4,50,00,000 0.91% (*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Regulation 31 of the SEBI (LODR) Regulations, 2015. (**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC For JM Financial Asset Reconstruction Company Limited (acting in its capacity as trustee of JMFARC – March 2018- Trust) Vineet Singh Company Secretary Place: Mumbai Date: September 3, 2026