General Updates

Dated: July 14, 2026 The Secretary, Listing Department The Secretary, Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Bandra Kurla Dalal Street, Mumbai – 400 001 Complex, Bandra Kurla (E), Mumbai – 400 051 Maharashtra, India Maharashtra, India Scrip Code: 544405 Symbol: BELRISE ISIN: INE894V01022 ISIN: INE894V01022 Sub: Proposed qualified institutions placement of equity shares of face value of ₹5 each (the “Equity Shares”, such placement, the “Issue” or “QIP”) by Belrise Industries Limited (the “Company”) under Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the “SEBI ICDR Regulations”), and Sections 23(1)(b), 42 and 62(1)(c) of the Companies Act, 2013, along with Rule 14 of the Companies (Prospectus and Allotment of Securities) Rules 2014, each as amended. Dear Sir/ Madam, We wish to inform you that pursuant to the approval of the board of directors of the Company (the “Board”), at its meeting held on May 24, 2026, and pursuant to the special resolution passed by the shareholders of the Company by way of postal ballot dated June 30, 2026, the QIP Committee of the Board (the “QIP Committee”) has, at its meeting held today i.e. July 14, 2026, inter alia, considered and approved the following: a. Authorizing the opening of the Issue today, i.e. July 14, 2026, to eligible qualified institutional buyers in accordance with the terms of the Issue; b. Approving the floor price for the Issue, being ₹230.79 per Equity Share (the “Floor Price”), based on the pricing formula as prescribed under the SEBI ICDR Regulations; and c. Approving the preliminary placement document dated July 14, 2026, together with the application form, in connection with the Issue; We further wish to inform you that the QIP Committee has fixed the ‘relevant date’ for the purpose of the Issue, in terms of Regulation 171(b)(i) of the SEBI ICDR Regulations, as July 14, 2026, and accordingly the floor price in respect of the aforesaid Issue, based on the pricing formula as prescribed under Regulation 176(1) of the SEBI ICDR Regulations is ₹ 230.79 per Equity Share. Pursuant to Regulation 176(1) of the SEBI ICDR Regulations and the approval of the shareholders, accorded through a special resolution by way of postal ballot dated June 30, 2026, the Company may offer a discount of not more than 5% on the Floor Price so calculated for the Issue. The Issue price will be determined by the Company in consultation with the book running lead manager (the “BRLM”) appointed for the Issue. In this relation, we will file the preliminary placement document dated July 14, 2026, with the BSE Limited and the National Stock Exchange of India Limited on July 14, 2026. The meeting of the QIP Committee commenced at 06.45 p.m. and concluded at 07.00 p.m. Further, as per the Company’s ‘Code of Conduct to Regulate Monitor and Report Trading by Insiders’ (the “Code”) to regulate, monitor and report trading by ‘Designated Persons’ as defined in the Code, the trading window for dealing in the securities of the Company had already been closed from July 1, 2026, till the completion of 48 (forty-eight) hours after the approval of Unaudited Financial Results for the quarter ending on June 30, 2026. Copy of the preliminary placement document dated July 14, 2026 is also being made available on the website of our Company at https://belriseindustries.com. This submission is also available on the Company’s website under the tab “Investor Relations” at https://belriseindustries.com. We request you to kindly take the same on record. Thanking you, Yours faithfully, For Belrise Industries Limited Siddhesh Mandke Company Secretary, Compliance Officer and Head of Legal Membership No. A20101