Acquisition

September 14, 2026 To, To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex Floor No. 25, PJ Towers, Bandra (E) Mumbai- 400051 Dalal Street Mumbai- 400001 Trading Symbol: “SOLARINDS” Scrip Code: 532725 Through NEAPS Through BSE Listing Centre Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Ma’am, In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) read with Part A of Schedule III of Listing Regulations, Solar Industries India Limited (the "Company") hereby informs that Solar SA Investments Proprietary Limited (“Acquirer"), a wholly owned step-down subsidiary of the Company and Solar Overseas Mauritius Limited, a wholly owned subsidiary of the Company, have entered into a definitive agreement with Omnia Holdings Limited ("Omnia") on September 14, 2026, for the direct acquisition by the Acquirer of 100% of the issued ordinary shares of Omnia, other than treasury shares. The details required to be disclosed under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are provided in Annexure - 1. Yours Truly, For and on behalf of Solar Industries India Limited Khushboo Pasari Company Secretary & Compliance Officer Annexure - A Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015:1 Sr. Details of events that need to be Information of such event(s) No. provided 1. Name of the target entity, details in Omnia Holdings Limited (“Omnia”) is a global, brief such as size, turnover etc. diversified chemicals company supplying chemicals and specialized services and solutions to the mining, agriculture and chemicals application industries. Incorporated in 1953 and headquartered in Johannesburg, South Africa, Omnia has physical presence in over 23 countries, serves customers in more than 40 countries through over 70 distribution centres. Omnia is listed on the Johannesburg Stock Exchange (OMN) and A2X Markets securities exchange. For the financial year ended March 31, 2026, Omnia reported a revenue of USD $1.41 billion^. ^ USD/ZAR: 17.1511, as on March 31, 2026. 2. Whether the acquisition would fall No, the transaction is not a related party transaction, within related party transaction(s) and the promoter/ promoter group does not have any and whether the promoter/promoter interest in the entity whose securities are being group/ group companies have any acquired. interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” 3. Industry to which the entity being Chemicals acquired belongs In accordance with, and solely for purposes of complying with the requirements applicable under South African takeover regulations, the board of directors of the Company accepts responsibility for the information contained in this announcement in relation to the Company and the Acquirer and certifies that to the best of their knowledge and belief, the information contained in this announcement relating to the Company and the Acquirer is true and this disclosure contains all information that is required under the Listing Regulations. 4. Objects and effects of acquisition To create a global platform for commercial explosives (including but not limited to, and blasting solutions by strengthening the group’s disclosure of reasons for acquisition international presence, expand geographical of target entity, if its business is footprint, enhance technological capabilities and outside the main line of business of diversify business operations. the listed entity) 5. Brief details of any governmental or Subject to obtaining all applicable regulatory, regulatory approvals required for the statutory and competition approvals, as well as the acquisition satisfaction of other customary conditions precedent. 6. Indicative time period for completion The acquisition is expected to be completed in early of the acquisition to mid 2027, subject to customary conditions, including competition approvals under relevant jurisdiction. Upon successful completion of the transaction, Omnia will be delisted from the Johannesburg Stock Exchange and A2X Markets securities exchange. 7. Nature of consideration - whether Cash consideration Cash consideration or share swap and details of the same 8. Cost of acquisition or the price at ZAR 134.5 per share in cash, aggregating to a total which the shares are acquired consideration value of US$ 1.355* billion. * USD/ZAR: 16.1075, as on September 11, 2026 9. Percentage of shareholding/ control 100% of the issued shares of Omnia, excluding acquired and /or Number of shares treasury shares. acquired 10. Brief background about the entity Omnia is a global and diversified group with acquired in terms of products/ line of complementary chemical and specialised business acquired date of businesses. It provides an extensive range of incorporation, history of last 3 years innovative products, solutions and services to the turnover, country in which the mining, agriculture and chemicals sectors. Omnia acquired entity has presence and any has a physical presence in 23 countries, serves other significant information (in brief) customers in more than 40 countries through over 70 distribution centres, and employs more than 3,500 people. BME, Omnia's mining segment, is a leader in sustainable mining solutions, combining expertise in blasting systems, explosives, mining chemicals and metallurgical processing to serve the commercial mining and quarrying industries. The turnover of Omnia is mentioned below: FY Amount (in USD) 2025-26 1.41 billion 2024-25 1.25 billion* 2023-24 1.18 billion# * USD/ZAR: 18.2871, as on March 31, 2025. # USD/ZAR: 18.8483, as on March 31, 2024. *****