General Updates

September 24, 2026 BSE Limited, National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Tower, Exchange Plaza, 5th Floor, Plot C/1, G Block, Dalal Street, Bandra - Kurla Complex, Bandra (E), Mumbai - 400 001. Mumbai - 400 051. BSE Scrip Code: 544743 NSE Symbol: AEROPLANE Dear Sir/Madam, Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Investment in wholly owned subsidiary, Saudi Arabia Pursuant to regulation 30 read with Para A of Part A of Schedule III of the SEBI Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Regulations, and the SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 (“SEBI Master Circular”), we wish to inform you that the Company has today i.e., September 24, 2026, remitted USD26630 equivalent to SAR 1,00,000 (approx. ₹25,53,817.00 at the rate of ₹95.90/USD) towards initial subscription to the share capital of Amir Chand Trading Company, the wholly owned subsidiary company ("Subsidiary"), in Saudi Arabia, to enable the Subsidiary to commence business operations. Further, the additional details as required under Listing Regulations read with SEBI Master Circular is enclosed herewith. We request you to kindly take the same on record. Thanking you, Yours faithfully, For Amir Chand Jagdish Kumar (Exports) Limited Sadhna Khurana Company Secretary and Compliance Officer Mem. No. A24534 Encl. A/a DETAILS PURSUANT TO SEBI (LISTING OBLIGATIONS & DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 READ WITH SEBI MASTER CIRCULAR NO. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 DATED JANUARY 30, 2026 Particulars Details 1. Name of the target entity, details in brief such as Amir Chand Trading Company, Saudi Arabia, size, turnover etc. is the newly formed entity which as Nil turnover as it has not commenced operations. 2. whether the acquisition would fall within related Yes, as it is a wholly owned subsidiary. party transaction(s) and whether the promoter/ Further, the promoter/promoter group have promoter group/ group companies have any no interest other than the interest through the interest in the entity being acquired? If yes, Company. nature of interest and details thereof and whether the same is done at “arm’s length” 3. Industry to which the entity being acquired Rice and Fast-Moving Consumer Goods belongs (“FMCG”) industry. 4. Objects and impact of acquisition (including but To establish the Company's direct presence in not limited to, disclosure of reasons for the Saudi market and commence business in acquisition of target entity, if its business is Saudi Arabia. outside the main line of business of the listed entity) 5. Brief details of any governmental or regulatory Commercial Registration and Investment approvals required for the incorporation Registration Certificate issued in Saudi Arabia and compliance with Foreign Exchange Management (Overseas Investment) Directions, 2022 issued by the Reserve Bank of India. 6. Indicative time period for completion of the Completed on 24 September 2026 acquisition 7. Consideration - whether cash consideration or Cash, by way of subscription to equity share share swap or any other form and details of the capital same 8. Cost of acquisition and/or the price at which the SAR 1,00,000 (100 shares of SAR 1000 each) shares are acquired 9. Percentage of shareholding/ control acquired 100% and/ or number of shares acquired 10. Brief background about the entity acquired in The entity is a wholly owned subsidiary terms of products/ line of business acquired, incorporated in the Kingdom of Saudi Arabia date of incorporation, history of last 3 years for carrying out the business of trading and turnover, country in which the acquired entity distribution of Rice and Fast-Moving has presence and any other significant Consumer Goods (“FMCG”), including import, information (in brief) export and related commercial activities in the Saudi Arabian market. Amir Chand Trading Company, Saudi Arabia, is the newly formed entity which as Nil turnover as it has not commenced operations.