Corporate Insolvency Resolution Process

Date: 04 September 2026 To, To, The General Manager The Manager, BSE Limited, National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, C/1, Block G, Dalal Street, Fort, Bandra - Kurla Complex, Mumbai 400001. Bandra (East), Mumbai 400051. BSE Scrip Code: 523574/570002 NSE Symbol: FEL/FELDVR Respected Sir/Ma’am, Sub: - Intimation of Declaration of the Successful Resolution Applicant for Cluster 3 assets of Future Enterprises Limited (“FEL”). Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 (“LODR”) and in accordance with the requirements of sub-clause 16(g) of Clause A of Part A of Schedule III of LODR, we wish to inform you that the the resolution plans submitted for Cluster 3 assets of FEL were placed before the CoC for its approval in the 42nd meeting of the CoC held on 21 May 2026, and continued on 1 June 2026, and 3 June 2026. Pursuant to e-voting (concluded on 2 September 2026) and in terms of Section 30 (4) of the Insolvency and Bankruptcy Code, 2016 read with Regulation 39 of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, the resolution plan dated 27 April 2026, read with Addendum dated 10 June 2026 submitted by Orissa Metaliks Private Limited (“OMPL”) has been approved by the CoC with 93.26% voting share of the CoC, pursuant to which, OMPL has been selected as the ‘Successful Resolution Applicant’. Kindly take the above information on record. Thanking You, Avil Menezes As Resolution Professional of Future Enterprises Limited Authorization for Assignment valid till 30th June 2027 Registration No. IBBI/IPA-001/IP-P00017/2016-17/10041 Reg. Address: 106, 1st Floor, Kanakia Atrium 2, Cross Road A, Behind Courtyard Marriott, Chakala, Andheri East, Mumbai – 400093 Email: avil@caavil.com, irp.future@gmail.com Future Enterprises Limited (under Corporate Insolvency Resolution Process) Regd. Off.: Knowledge House, Shyam Nagar, Off Jogeshwari - Vikhroli Link Road, Jogeshwari (East), Mumbai - 400 060 P +91 22 4055 2200 www.felindia.in CIN L52399MH1987PLC044954