Pursuant to Regulation 30 of SEBI(LODR) Regulations, 2015 and with reference to our earlier disclosure dated September 19, 2026, we wish to inform you that the Company has completed acquisition of 25,000 shares of Shreenath Paper Industries Private Limited from Mr. Bijoy Ramesh Shah w.e.f. September 24, 2026. Post completion of transaction, Shreenath Paper Industries Private Limited has become Subsidiary of Company. Detailed disclosure is attached

Shrequ)ll‘c!: gvllaso‘ (Formerty Known as Shreenath Paper Products Pt. Ltd) Yoring Shop No. 5, Plot No. 136, Masco Corner, AP RaoRaodd, , NN-1-,1 , CICDIDCCOO,, AAuurraannggaabbaadd--4433110 ( 03. Tel : 02402489888, 2486888 Unit No. 408, Palmspring Center, Linnk RoaCdI, NN e Na Or .I nf Lin 2ity M 0al 9l, M Mal Ha 2d- 0(W 1) 1, PMu Lm Cb 2ai 2- 240 80 306 34 Date: September 24, 2026 The Manager- Listing Compliance BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001 Scrip Code: 544372 RSu eb gj ue lc at t: i onD si ,s 2cl 0o 1s 5u r - e C ou mn pd le er t ioR ne g ou fl aa ct qi uo in s it3 i0 o n o of f et qh ue i tyS E sB hI ar e( sL i os ft i Sn hg r eO eb nl ai tg ha t Pi ao pn es r Ia nn dd u stD ri is ec sl Po rs iu vr ae t e R Le iq miu ti er de ments) SRe hf r. e: e nOu ar t he a Prl ai pe er rd Ii ns dc ul so ts ru ir ee s d Pa rt ie vad t S e e Lp it me itm eb de r 19, 2026 regarding approval for acquisition of equity shares of Dear Sir/Madam, eSRP qheu ug rr iu es tl eu ya na t san i htt o ahn t rs o e" P ) saR , pe o g e fau r Snl hda P rt r ei w o eo i d nn t u ah c3 t t0 hr s e o Pff L ae it pr mh ee ie n rt c eS Ie dE n dB t ( uI o “ s t t( ho rL eu ii r es Ct s i o en Pa mg rr p ilO vaib ae nl r tyi eg ” d La i ) it s mi c h io l a tn o s es s dua c r (n oe *d m S pd PD l Iai Pets Le tc "d el ) do fSs ru te hr op ee mt eR a Mcme .qbq uu e Bii r isr j i oe t1 ym i9 e o, Rn n a t 2 mos 0 f e) 2 s6 2R , h5e , g Sw 0u h0l e a0a ht w .i (i o Tsn whs e, n t t2 o y0 1 i Fn5 if vo( er" mS T E hB y oI o u u sL aO t nD h daR )t tT oh ae t oa tf aor le cs oa ni sd i e dq eu ri at ty i os nh a or f e ¥s 2 ,h 5a 0v ,e 0 0b 0e /e -n (a Rc uq pu ei er se d T wat o ¥ L1 a0 k/ h- p Fie fr ty € Tqu hi ot uy s s ah na dr e o, n lb ye ).i ng the face value of the shares, aggregating c hPr o ai m so p ir l n e ct t ro i eot ah n se e a dna f td oo r r 7e e 5s gia %si t d or faa t ic i tq o s u n ei qs o ui f it ti tho yen s, ht r at a rh n ee s f ceC apro i tm o afp l .a t hn ey a fh oe rl ed s a5 id0 % 2 5,of 0 0t 0h e e qe uq iu ti yt sy h as rh ea sr ,e thca ep i Ct oa ml p aof n yS 'PI sP L s. h arC eo hn os le diq nu ge n int Su Pp Io Pn L A Lc ic mo ir td ei dn wg il ty h, eS fh fr ee cte n fa rt oh P Sa ep pe tr mIn bd eu rst 2r 4i ,e s 0Pr 2i 6v ,a t fe oL mim ii tt e ed sh ta ws ib le c so tm ate sa aS su b as ni d Ai sa sr oy iC ao tm p Ca on my ao nf yS .h reenath Paper Products aT nh de cac oq mu pi ls ei tt iio on n h ofa s t hb ee ae pn p lc io cm ap bl le e t se td at p utu or rs yu a fon rt m at lo i t th iee s .e xecution and registration of the requisite share transfer documents pT rh oe v ir de equ di is ni t Ae n nd eet xa ui rl es Aof t ot h te h isc o lem tp tel re .t ed acquisition as required under Regulation 30 of the SEB| LODR Regulations are You are requested to take the above information on record. Thanking you, DIN: 03467607 Encl.: As above Annexure A Details of Acquisition of Equity Shares of Shreenath Paper Industries Private Limited Details Particulars Shreenath Paper Industries Private Limited | Name of the target entity “ U17099MH2026PTC472775 | 23/06/2026 CD oa ut ne t o rf y i on fc o ir np co or ra pt oi ro an t ion I Tn od i ca a rry on the business of manufacturers of and dealers mj Nature of business allkinds and classes of Paper, Board, and Paper and Board | products and conversions including writing paper Existing relationship with the Company prior to acquisition M.gxe/cmnpanyl/i o Acquisition Nature of transaction Mr. Bijoy Ramesh Shah Name of transferor R | Number of equity shares acquired 25,000 Equity Shares Face value per equity share %10/ A oc tq au lis ci ot ni so in p er ri ac te op ne r equity share | 3% 2 P1 , u0 5 r/ 0 c- , 0 a(a 0 st e0 f 7 oa - fc e xv ia sl tu ie n) equity[ shares Mode of acquisition Mode of consideration Cash E Ax di ds it ti in og as lh a sr he ah ro el sd i an cg uo if t eh de Company in SPIPL 25 50% 0 00EquityShares Additional percentage acquired 25% SS th aa tr ue sh o ol fd Si Pn Ig a Lf t pe rr oa rc q tu oi as ci qt ui io sn i tion | A7 s5 so% c iate Company o Status of SPIPL after acquisition Subsidiary Company Date of completion of acquisition 24 September 2026 E Nf af te uc rt eiv oe d iat ne tof esu /rb cs eoi nd sti ra tor ly status 2 oC f4 o n tS hse ee p q et que uem in tb t ye r su p2 ao0 rn2 t6 ch ae ia tc aq lu i os fi Sti Po In P, t ahe dC o ham sp a acn qy ih ro el dd s 75% control over SPIPL, resulting in SPIPL becoming a Subsidiary Company Whether acquisition is a related party transaction No If yes, nature of relationship ‘and whether the transactionis | Not Applicable atarm's length Rationale/ object of acquisition To increase the Company's equity holding in its existing Associate Company and consequently make SPIPL a Subsidiary Company of the Company Regulatory / governmental approvals required Nil \Any other material terms | A sc hq au hi asi tt fi ao cn e o f v ae lx ui es t oi fn g 2 e 1q 0u /i -t py es rh a sr hae rs e f rom Mr. Bijoy Ramesh Impact on the listed entity SPIPL has become a Subsidiary Company of the Company consequent upon completion of the acquisition Alok Parek Chairman DIN: 03467607