The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Motilal Oswal ELSS Tax Saver Fund

September 3, 2026 BSE Limited Listing Department Phiroze Jeejeebhoy Towers Dalal Street Mumbai 400001. Sub: Reporting of acquisition of shares of Religare Enterprises Ltd under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulation, 2011. Dear Sir/Madam, Kindly find enclosed disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulation, 2011 pursuant to the acquisition shares of Religare Enterprises Ltd by the Schemes of Motilal Oswal Mutual Fund as per the prescribed format. Kindly take note of the above for your records and information. Yours faithfully, For Motilal Oswal Asset Management Company Limited (Investment Manager to the Schemes of Motilal Oswal Mutual Fund) Aparna Karmase Head – Compliance, Legal & Secretarial Encl: As above Format for Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Name of the Target Company (TC) Religare Enterprises Limited Name(s) of the acquirer and Persons Acting in Motilal Oswal ELSS Tax Saver Fund Concert (PAC) with the acquirer Motilal Oswal Large and Midcap Fund Motilal Oswal Nifty Microcap 250 Index Fund Motilal Oswal Services Fund Motilal Oswal BSE 1000 Index Fund (Schemes of Motilal Oswal Mutual Fund- AACTM3577A) Whether the acquirer belongs to No Promoter/Promoter group Name(s) of the Stock Exchange(s) where the 1. BSE Limited 2. National Stock Exchange of India Limited shares of TC are Listed Details of the acquisition/ disposal as follows Number % w.r.t. total % w.r.t. share/ voting total diluted capital share/ voting wherever capital of applicable (*) the TC (**) Before the disposal under consideration, holding of: a) Shares carrying voting rights 1,15,52,143 3.3854% 3.3854% b) Shares in the nature of encumbrance (pledge/ lien/ non-disposal undertaking/ (Please refer others) Annexure) - - c) Voting rights (VR) otherwise than by - equity shares d) Warrants/ convertible securities/ any other 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) 1,15,52,143 3.3854% 3.3854% Details of Disposal a) Shares carrying voting rights disposed 39,99,781 1.1722% 1.1722% b) VRs acquired otherwise than by equity (Please refer - shares Annexure) - c) Warrants/convertible securities/any other - instrument that entitles the acquirer to receive shares carrying voting rights in the - TC (specify holding in each category) - - acquired. d) Shares in the nature of encumbrance - (pledge/ lien/ non-disposal undertaking/ - - others) e) Total (a+b+c+/-d) 39,99,781 1.1722% 1.1722% After the Disposal, holding of: a) Shares carrying voting rights 75,52,362 2.2133% 2.2133% b) Shares in the nature of encumbrance (Please refer - - (pledge/ lien/ non-disposal undertaking/ Annexure) others) Shares pledged with the acquirer. - - - c) VRs otherwise than by equity shares d) Warrants/convertible securities/any other instrument that entitles the acquirer to - - - receive shares carrying voting rights in the TC (specify holding in each category) after acquisition 75,52,362 2.2133% 2.2133% e) Total (a+b+c+d) Mode of disposal (e.g. open market/ public Market Transactions issue/ rights issue/ preferential allotment/ inter- se transfer, etc.) Date of disposal of/ date of receipt of August 31, 2026 intimation of allotment of shares/ VR/ warrants/ convertible securities/ any other instrument that entitles the acquirer to receive shares in the TC. Equity share capital/ total voting capital of the 34,12,33,742 (Face value of Rs. 10 each) TC before the said disposal Equity share capital/ total voting capital of the 34,12,33,742 (Face value of Rs. 10 each) TC after the said disposal Total diluted share/ voting capital of the TC - after the said disposal For Motilal Oswal Asset Management Company Limited (Investment Manager to Motilal Oswal Mutual Fund) Aparna Karmase Head- Compliance, Legal and Secretarial Place: Mumbai Date: September 03, 2026 Note: (*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange as per Regulation 31 of SEBI ((Listing Obligations and Disclosure Requirements) 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.