Please refer attached file

ZUARI INDUSTRIES LIMITED 5th Floor, Tower A, Global Business Park, M.G. Road, Sector 26, Gurugram - 122 002, India Tel: +91 (124) 482 7800, Email: ig.zgl@adventz.com, www.zuariindustries.in 23 September 2026 National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, C-1, Block-G Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Bandra (E) Dalal Street, Mumbai- 400 051 Mumbai - 400 001 NSE Symbol: ZUARIIND BSE Scrip Code: 500780 Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”). Dear Sir/ Madam, In furtherance of our earlier intimation dated 13 August 2026, this is to inform you that Zuari Industries Limited (“ZIL”/“Company”) has acquired 1,28,10,900 equity shares of Texmaco Infrastructure & Holdings Limited (“TIHL”), at a total consideration of approximately Rs. 147,96,05,468 (Rupees One Hundred Forty-Seven Crore Ninety-Six Lakh Five Thousand Four Hundred Sixty-Eight only), inclusive of brokerage charges, Securities Transaction Tax (STT), stamp duty, and other applicable taxes and charges, from Zuari International Limited (“ZIntL”), a wholly-owned subsidiary of ZIL on today, i.e. 23 September 2026 through a block deal executed in a single tranche on National Stock Exchange of India Ltd. The aforesaid acquisition has been undertaken pursuant to the approval of the Board of Directors of the Company at its meeting held on 13 August 2026 for acquisition of equity shares of TIHL aggregating up to Rs. 150 crore (Rupees One Hundred and Fifty Crore only), in one or more tranches. Details in respect of above transaction, as required under Regulation 30 read with Para A of Part A of Schedule III of the SEBI Listing Regulations read with SEBI Master Circular dated 30 January 2026 are provided in the Annexure A enclosed herewith. You are requested to kindly take the same on record. Thanking You, For Zuari Industries Limited Yadvinder Goyal Company Secretary Encl: As stated above Registered Office Jai Kisaan Club, Jalvayu Colony Road, Near MES College, Zuarinagar, Sancoale, Goa – 403726 CIN No.: L65921GA1967PLC000157 ZUARI INDUSTRIES LIMITED 5th Floor, Tower A, Global Business Park, M.G. Road, Sector 26, Gurugram - 122 002, India Tel: +91 (124) 482 7800, Email: ig.zgl@adventz.com, www.zuariindustries.in Annexure - A Details as required under Regulation 30 read with Para A of Part A of Schedule III of SEBI Listing Regulations and SEBI Master Circular dated 30 January 2026 Acquisition of Equity Shares of Texmaco Infrastructure & Holdings Limited (Target Company) Sr. No. Particulars Description 1. Name of the Target Company, Texmaco Infrastructure & Holdings Limited (“TIHL”) details in brief such as size, turnover, etc.; The standalone turnover of TIHL for the Financial Year ended 31 March 2026 is Rs. 11.45 Crore. 2. W hether the acquisition would fall The Company has acquired 1,28,10,900 equity shares of within related party transaction(s) TIHL, from Zuari International Limited (“ZIntL”), a wholly- and whether the promoter/ owned subsidiary of the Company at a total consideration promoter group/ group companies of approximately Rs. 147,96,05,468 (Rupees One have any interest in the entity Hundred Forty-Seven Crore Ninety-Six Lakh Five being acquired? Thousand Four Hundred Sixty-Eight only), inclusive of If yes, nature of interest and details brokerage charges, Securities Transaction Tax (STT), thereof and whether the same is stamp duty, and other applicable taxes and charges. The done at “arms length”; aforesaid transaction constitutes a related party transaction (“RPT”). Since this RPT is in between the Company and its wholly owned subsidiary, the provisions of related party transactions as prescribed under regulation 23 of SEBI Listing Regulations are not applicable. Both ZIL and ZIntL form part of the promoter and promoter group of TIHL. Further, certain persons/entities, form part of the promoter and promoter group of ZIL and TIHL are common. 3. I ndustry to which the entity being R eal Estate, Mini Hydel Power and Investments. a cquired belongs; 4. O bjects and impact of acquisition The aforesaid acquisition has been undertaken for the (including but not limited to, purpose of consolidating the investment portfolio at the disclosure of reasons for listed holding company level. acquisition of target entity, if its business is outside the main line of The Company and ZIntL, along with certain other business of the listed entity); persons/entities, form part of the promoter and promoter group of TIHL. The promoter and promoter group collectively hold 66.55% of the paid-up equity share capital of TIHL. After the aforesaid acquisition, the aggregate shareholding of the promoter and promoter g roup in TIHL remain unchanged at 66.55%. 5. B rief details of any governmental None or regulatory approvals required f or the acquisition; 6. I ndicative time period for The aforesaid acquisition was executed and has been completion of the acquisition; completed on today i.e., 23 September 2026. 7. C onsideration - whether cash Consideration- Cash consideration. consideration or share swap or any other form and details of the same; Registered Office Jai Kisaan Club, Jalvayu Colony Road, Near MES College, Zuarinagar, Sancoale, Goa – 403726 CIN No.: L65921GA1967PLC000157 ZUARI INDUSTRIES LIMITED 5th Floor, Tower A, Global Business Park, M.G. Road, Sector 26, Gurugram - 122 002, India Tel: +91 (124) 482 7800, Email: ig.zgl@adventz.com, www.zuariindustries.in 8. C ost of acquisition and/or the price The Company has acquired 1,28,10,900 equity shares of at which the shares are acquired; TIHL from ZIntL, a wholly owned subsidiary of the Company, at a total consideration of approximately Rs. 147,96,05,468 (Rupees One Hundred Forty-Seven Crore Ninety-Six Lakh Five Thousand Four Hundred Sixty-Eight only), inclusive of brokerage charges, Securities Transaction Tax (STT), stamp duty, and other applicable taxes and charges, through a block deal executed in a single tranche today, i.e., 23 September 2026 on National Stock Exchange of India Ltd. 9. P ercentage of shareholding/ Prior to the aforesaid acquisition, the Company held control acquired and/or number of 20.78% of the equity share capital of TIHL. shares acquired; Pursuant to the aforesaid acquisition, the Company has acquired 1,28,10,900 equity shares of TIHL for a total consideration of approximately Rs. 147,96,05,468 (Rupees One Hundred Forty-Seven Crore Ninety-Six Lakh Five Thousand Four Hundred Sixty-Eight only), inclusive of brokerage charges, Securities Transaction Tax (STT), stamp duty, and other applicable taxes and charges. Consequent to the aforesaid acquisition, the Company’s shareholding in TIHL has increased from 20.78% to 30.83% of the equity share capital of TIHL. Further, the aggregate shareholding of the promoter and p romoter group in TIHL remain unchanged at 66.55%. 10. B rief background about the entity TIHL was incorporated on 4 August 1939. acquired in terms of products/line of business acquired, date of TIHL is presently concentrated in the business of Real incorporation, history of last 3 Estate, Mini Hydel Power and Investments. years turnover, country in which the acquired entity has presence The standalone turnover of TIHL over the last 3 Financial and any other significant Years are as follows:- information (in brief). Financial Year 2025-26: Rs. 11.45 Crore Financial Year 2024-25: Rs. 9.16 Crore Financial Year 2023-24: Rs. 9.33 Crore Registered Office Jai Kisaan Club, Jalvayu Colony Road, Near MES College, Zuarinagar, Sancoale, Goa – 403726 CIN No.: L65921GA1967PLC000157