Initial public offering of equity shares of Linjemontage i Grastorp AB, a first level step down material subsidiary of the Company ("LMG")

KPIL/26-27 25th September, 2026 BSE Limited National Stock Exchange of India Ltd. Corporate Relationship Department ‘Exchange Plaza’, C-1, Phiroze Jeejeebhoy Towers Block ‘G’, Bandra-Kurla Complex Dalal Street, Fort Bandra (E) Mumbai - 400 001 Mumbai – 400 051 Scrip Code: 522287 Scrip Code: KPIL Sub.: Initial public offering of equity shares of Linjemontage i Grästorp AB, a first level step down material subsidiary of the Company (“LMG”) Dear Sir / Madam, In accordance with Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR Regulations”), as amended from time to time, and in furtherance to our earlier intimation(s) dated 09th September, 2026 and 16th September, 2026 submitted to the stock exchanges, this is to further update that the Board of Directors of LMG on 24th September, 2026, has, inter-alia, considered and approved the offer for sale (Offering) by existing shareholders and admission of LMG’s equity shares for trading on Nasdaq Stockholm, effective today, 25th September, 2026. Key Details of the Offering: Total Size: Up to 16,458,363 equity shares at SEK 46 per share (quota value SEK 0.50 each), representing up to ~32.1% of LMG's total shares, comprising 14,311,620 shares in the base offering and up to 2,146,743 additional shares subject to the exercise of the over-allotment / green shoe option (which may or may not be exercised in whole or in part). Selling Shareholders: 13,319,670 shares by Kalpataru Power Transmission Sweden AB (“KPTS”) in the base offering, plus up to 2,146,743 additional shares by KPTS, subject to the exercise of the over-allotment / green shoe option, and 991,950 shares by employee/director shareholders. Stabilization Mechanism: Above mentioned additional 2,146,743 shares provided by KPTS equivalent to 15% of the total Offering will be used by issue managers (merchant bankers) for price stabilization under Article 5(4) of the EU Market Abuse Regulation (MAR), exercisable within 30 calendar days from listing. Upon full subscription and assuming full exercise of the over-allotment / green shoe option, the stake held by KPTS, in LMG will decrease from current 96.12% (49,240,500 shares) to 65.93% (33,774,087 shares), and KPTS will receive gross proceeds of SEK ~711.45 million, subject to customary adjustments, issue expenses, and set-offs. Corporate Office: Kalpataru Synergy, 7th Floor, Opp. Grand Hyatt, Santacruz (E), Mumbai - 400055. India | Tel: +91 22 3064 2100/+91 22 6885 1500 Registered Office: Plot No. 101, Part-III, G.I.D.C. Estate, Sector - 28, Gandhinagar - 382 028, Gujarat, India | Tel: +91 79 2321 4000 Email: info@kalpataruprojects.com | Website: www.kalpataruprojects.com | CIN: L40100GJ1981PLC004281 In case over-allotment / green shoe option is not utilised or partially utilised or shares were purchased back by issue managers as part of stabilisation measures, exchanges will be informed accordingly no later than 30 calendar days from the first day of trading i.e. 25th September, 2026. The above information was received by the Company from LMG on 25th September, 2026 at about 01:13 a.m. IST. We request you to take the same on record. Thanking you, Yours faithfully, For Kalpataru Projects International Limited Shweta Girotra Company Secretary Corporate Office: Kalpataru Synergy, 7th Floor, Opp. Grand Hyatt, Santacruz (E), Mumbai - 400055. India | Tel: +91 22 3064 2100/+91 22 6885 1500 Registered Office: Plot No. 101, Part-III, G.I.D.C. Estate, Sector - 28, Gandhinagar - 382 028, Gujarat, India | Tel: +91 79 2321 4000 Email: info@kalpataruprojects.com | Website: www.kalpataruprojects.com | CIN: L40100GJ1981PLC004281