Issue of Securities

July 15, 2026 BSE Ltd. National Stock Exchange of India Ltd. Corporate Relationship Department, Listing Department, 1st Floor, New Trading Ring, ‘Exchange Plaza’, C/1, Block G, Rotunda Building, P.J. Towers, Bandra-Kurla Complex, Dalal Street, Fort, Bandra (E), Mumbai 400 001 Mumbai 400 051 Code No. 500102 Symbol “BALLARPUR” Dear Sir, Sub: Corrigendum to Outcome of the Meeting of the Board of Directors held on July 14, 2026 Ref: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) At the outset, we wish to state that during an internal review carried out today, it has surfaced that the face value of the Non-Convertible Debentures was inadvertently mentioned as INR 1,00,00,000/- (Rupees One Crore Only) each, instead of INR 1,00,000/- (Rupees One Lakh Only) each, in our prior intimation dated July 9, 2026, in the outcome of the meeting of the Board of Directors held on July 14, 2026, as also in the information furnished thereunder as required under the Master Circular. Immediate action is being taken to rectify the same and, accordingly, this corrigendum is being issued to the disclosures filed earlier. In our letter dated July 9, 2026, regarding the prior intimation of the meeting of the Board of Directors scheduled to be held on July 14, 2026, it was inadvertently stated that the Board would consider the issuance of 100 Listed, Rated, Unsecured, Non-Convertible Debentures of face value INR 1,00,00,000/- (Rupees One Crore Only) each, aggregating to INR 100,00,00,000/- (Rupees One Hundred Crore Only), on private placement basis. The same inadvertence was carried into our disclosure dated July 14, 2026, intimating the outcome of the said meeting, and into the information furnished thereunder pursuant to Clause A (2) (2.1) of Annexure 18 of the Master Circular. We confirm that the Board of Directors, at its meeting held on July 14, 2026, has in fact considered and approved the issuance of 10,000 Listed, Rated, Unsecured, Non-Convertible Debentures of face value INR 1,00,000/- (Rupees One Lakh Only) each, aggregating to INR 100,00,00,000/- (Rupees One Hundred Crore Only), on a private placement basis. Accordingly, it is hereby clarified that in our intimation dated July 9, 2026, and in our disclosure dated July 14, 2026, together with the information furnished thereunder, the face value of the Non-Convertible Debentures was inadvertently mentioned as INR 1,00,00,000/- (Rupees One Crore Only) each instead of INR 1,00,000/- (Rupees One Lakh Only) each, and the number of Non-Convertible Debentures was inadvertently mentioned as 100 instead of 10,000. The aggregate issue size of INR 100,00,00,000/- (Rupees One Hundred Crore Only) remains unchanged. Except for the above correction, all other contents of our intimation dated July 9, 2026 and our disclosure dated July 14, 2026 remain unchanged. CIN: L21010MH1945PLC010337 Regd. Office.: 602, Boston House, 6th Floor, Suren Road, Andheri East, Mumbai-400053, Maharashtra, India Unit Add.: Shree Gopal Unit, Paper Mills Compound, Station Road, Yamuna Nagar-135001, Haryana, India Tel No. (RO): 022-4000 2600, Tel No. (Unit): +91-9729600775 Email: info.sgu@biltpaper.in | Website: www.biltpaper.in : www.bilt.com The revised details as required pursuant to Regulation 30 of the Listing Regulations read with Clause A (2) (2.1) of Annexure 18 of the Disclosure Circular, dated January 30, 2026, is annexed as Annexure A. The same is being also uploaded on the Company’s website www.biltpaper.in. Thanking you, Yours faithfully, For Ballarpur Industries Limited Hardik Bharat Patel Chairman & Whole Time Director DIN: 00590663 CIN: L21010MH1945PLC010337 Regd. Office.: 602, Boston House, 6th Floor, Suren Road, Andheri East, Mumbai-400053, Maharashtra, India Unit Add.: Shree Gopal Unit, Paper Mills Compound, Station Road, Yamuna Nagar-135001, Haryana, India Tel No. (RO): 022-4000 2600, Tel No. (Unit): +91-9729600775 Email: info.sgu@biltpaper.in | Website: www.biltpaper.in : www.bilt.com Annexure A Sr. No Particulars Details 1 Type of securities proposed to be issued Listed, Rated, Unsecured Non- (viz. equity shares, convertibles etc.) Convertible Debentures 2 Type of issuance (further public offering, Private Placement rights issue, depository receipts (ADR/GDR), qualified institutions placement, preferential allotment etc.) 3 Total number of securities proposed to be 10,000 Listed, Rated, Unsecured issued or the total amount for which the Non-Convertible Debentures at face securities will be issued value of Rs. 1 Lakh each amounting to Rs. 100 Crores 4 Size of the issue Aggregate amount up to Rs. 100 Crores (Rupees One Hundred Crore Only) to be issued in one or more tranche / tranches through private placement. 5 Whether proposed to be listed? If yes, The debentures to be issued will be name of the stock exchange(s) listed on BSE Limited and / or National Stock Exchange of India Limited. 6 Tenure of the instrument - date of 3 Years. The date of allotment to be allotment and date of maturity further decided by the Board 7 Coupon/interest offered, schedule of Coupon offered: 0% payment of coupon/interest and principal Redemption Premium: 9% IRR on annual basis 8 Charge/security, if any, created over the Unsecured assets 9 Special right/interest/privileges attached Not Applicable to the instrument and changes thereof 10 Delay in payment of Interest/principal Not Applicable amount for a period of more than 3 months from the due date or default in payment or interest/principal 11 Details of any letter or comments Not Applicable regarding payment/non-payment of interest, principal on due dates, or any matter concerning the security and/or the assets along with comments thereon, if any 12 Details of redemption of preference shares Not Applicable indicating the manner of redemption (whether out of profits or out of fresh issue) and debentures CIN: L21010MH1945PLC010337 Regd. Office.: 602, Boston House, 6th Floor, Suren Road, Andheri East, Mumbai-400053, Maharashtra, India Unit Add.: Shree Gopal Unit, Paper Mills Compound, Station Road, Yamuna Nagar-135001, Haryana, India Tel No. (RO): 022-4000 2600, Tel No. (Unit): +91-9729600775 Email: info.sgu@biltpaper.in | Website: www.biltpaper.in : www.bilt.com