Domestic order for construction of Super Structure works for proposed G+7 floors with Terrace with facilities at RIT- Homi Bhabha Block Phase III, Kuthambakkam, Chennai

Date: 22.09.2026 BSE Ltd. P J Towers, Dalal Street Mumbai – 400 001 Sub: Intimation of new Work Order under Regulation 30, SEBI (Listing obligation and Disclosures Requirements) Regulations, 2015 Ref: Script Code: 544259 Dear Sir / Madam, Pursuant to Regulation 30 read with Schedule III Part A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015 (SEBI LODR Regulations), we wish to inform you that our Company has received a new order of worth ₹ 18.15 Crores (excluding GST) from Rajalakshmi Institute of Technology. The disclosure as required under Schedule III of the SEBI LODR Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023 is attached herewith and marked as Annexure A to this letter. Kindly acknowledge and take the same on records. Thanking you, Yours faithfully, For Popular Foundations Limited Soniya Sharma Company Secretary and Compliance Officer Encl: a/a Annexure A Disclosure in terms of Regulations 30 of SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023 Bagging/Receiving of Orders/Contracts S.No. Particulars Remarks 1 Name of the entity awarding the Order/Contract Rajalakshmi Institute of Technology 2 Significant terms and conditions of the Domestic order for Construction of Super Order/Contract awarded in brief Structure works for proposed G+7 floors with terrace with facilities at RIT-Homi Bhabha Block Phase III, Kuthambakkam, Chennai 3 Whether the Order/Contract has been awarded Domestic by domestic/international entity 4 Nature of Order/Contract Domestic Order for construction of Super Structure works worth Rs. 18.15 Crores (excluding GST). 5 Time period by which the Order/Contract is to 380 days from the date of issuance of order be executed dated 22.09.2026 6 Broad consideration or size of the Order worth ₹ 18.15 Crore (excluding Order/Contract GST) 7 Whether the Promoter/Promoter Group/Group No Companies have any interest in the entity that awarded the Order/Contract? If yes, nature of interest and details thereof 8 Whether the Order/Contract would fall within No related party transactions? If yes, whether the same is done at “arm’s length” 9 Date and Time of receipt of Work Order 22.09.2026 @ 13.00 hrs 10 If delay in reporting, reasons for delay NIL For Popular Foundations Limited Soniya Sharma Company Secretary and Compliance Officer I- RAJALAKSHMI I institute of TECHNOLOGY BELIEVE IN THE POSSIBILITIES AN AUTONOMOUS INSTITUTION ccreditedbyNAAC-"A++"GRADE,AccreditedbyNBA,ApprovedbyAICTE&Govt,of TamilNadu,AffiliatedtoAnnaUniversity,Chenn; 18.09.2026 POPULAR FOUNDATION PVT LTD, 32/1,32/2,Kamachi Apartments, Received 10thAvenue,Ashok Nagar,Chennai-600083. DearSir, Kind Attention:Mr.A.S.Venkatesh,ManagingDirector. Sub: Contract for Construction of Super Structure Works for proposed G+ 7 floors with Terracewithfacilitiesat RIT-Homi Bhabha BlockPhase-III,Kuthambakkam,Chennai. This has reference to our enquiry for the Phase III Super Structure construction works, your detailed schedule of offer dated 29.08.26, and subsequent discussions we had on the contract proposal ratesand terms. Weare pleased toaward thiscontractforPhaseIIISuperStructureConstructionworksfor RITon thefolbwingmutuallyagreed termandconditions. Total Estimated Value of the Contract is Rs. 18,14,72,115/- exclusive of GST. (Schedule of Ratesattached asAnnexure-1.) Basic Construction design & Details shall be as per drawings issued by our Structural and Architectural Consultants. You will strictly follow updated drawings and applicable Standards & Specifications and Schedule of Rates shall remain fixed till completion of the Contract. However materialescalation isapplicableon majorconstructionmaterialsasmentioned in offer. Commencement of construction immediate and awarded work must be completed in 380 days from thedateof issuance thisorder.Time is the essence of thisconstruction contract.Supporting facilitiesbeyond thecontractualdateof completionis notapplicable- likescaffoldingchargesetc. Kindlysign theduplicatecopyofthisletterasa tokenofyouracceptance ThankingYou, ForRajalakshmi Ins^tyte ofTechnology Dr. areeShankar Meghanathan