Update on the Merger of CIE Aluminium Casting India Limited (Wholly Owned Subsidiary of the Company) with the Company

SEC/2026/113 25th September, 2026 BSE Limited National Stock Exchange of India Limited Corporate Relationship Department, Corporate Relationship Department, P. J. Towers, Exchange Plaza, 5th Floor, Dalal Street, Fort, Plot No. C/1, G Block, Bandra Kurla Complex, Mumbai - 400 001. Bandra (E), Mumbai – 400 051. BSE Scrip Code: 532756 NSE Symbol: CIEINDIA Dear Sir/Madam, Subject: Update on the Merger of CIE Aluminium Casting India Limited (Wholly Owned Subsidiary of the Company) with the Company Reference: Our letter dated 23rd April, 2026 We refer to our letter dated 23rd April, 2026 whereby exchanges were informed that the Board of Directors of the Company approved the Scheme of Merger among CIE Aluminium Casting India Limited (“CIEALCAST” or the “Transferor Company”), CIE Automotive India Limited (the “Company” or the “Transferee Company”) and their respective Members for the Merger by way of Absorption of CIE Aluminium Casting India Limited by CIE Automotive India Limited pursuant to Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the Scheme of Merger). In this regard, we hereby inform you that, the Hon’ble National Company Law Tribunal, Mumbai Bench (‘NCLT’), vide its order dated 24th September, 2026 (‘Order’), has allowed the Company application no. CA(CAA)-115/MB/2026 in connection with the aforesaid Scheme of Merger, with the directions set out in the said Order. We further inform you that, the said order uploaded on the website of NCLT on 24th September, 2026. A copy of the Order, as available on the NCLT website, is enclosed herewith as Annexure and has also been uploaded on the website of the Company. The certified copy of the Order is awaited. Kindly take the same on your record. Thanking you, Yours faithfully, For CIE Automotive India Limited Pankaj V. Goyal Company Secretary, Chief Compliance Officer and Head- Legal Membership No.: F13037 Encl.: as above CIE Automotive India Limited CIN: L27100PN1999PLC245720 Registered Office G Block, Bhosari Industrial Estate, Near BSNL office, Bhosari, Pune - 411026, Maharashtra, India. Tel: +91 20 29804621 I website : www.cie-india.com I Email: contact.investors@cie-india.com IN THE NATIONAL COMPANY LAW TRIBUNAL, MUMBAI COURT-IV CA(CAA)-115/MB/2026 In the matter of Sections 230 to 232 of the Companies Act, 2013 In the matter of Scheme of Merger by Absorption between CIE Aluminium Casting India Limited (Transferor Company/Applicant Company-1) CIE Automotive India Limited (Transferee Company/Applicant Company-2) (and their respective Shareholders) CIE Aluminium Casting India Limited ….Applicant Company-1/ [CIN: U31909PN1985PLC037539] Transferor Company CIE Automotive India Limited ….Applicant Company-2/ [CIN: L27100PN1999PLC245720] Transferee Company Pronounced: 24.09.2026 CORAM: SHRI ANIL RAJ CHELLAN SHRI K.R. SAJI KUMAR HON’BLE MEMBER (TECHNICAL) HON’BLE MEMBER (JUDICIAL) Appearance : Hybrid For the Applicants : Adv. Hemant Sethi a/w Adv. Tanaya Sethi. O R D E R 1. This is an Application filed under Sections 230 to 232 of the Companies Act, 2013, seeking necessary directions of this Tribunal for notices and convening meetings/dispensation of meetings with respect to the Scheme of Merger by Absorption between CIE Aluminium Casting India Limited (Transferor Company) IN THE NATIONAL COMPANY LAW TRIBUNAL, MUMBAI COURT-IV CA(CAA)/115/MB/2026 and CIE Automotive India Limited (Transferee Company) and their respective shareholders (Scheme). 2. The Applicant Companies stated that the Board of Directors of the Applicant Companies, in their respective meetings held on 23.04.2026, have approved the Scheme. The relevant copy of the resolutions is part of the Application. The Appointed Date for the Scheme is fixed as 01.04.2026. 3. The Applicant Companies stated that the Transferor Company is a wholly owned subsidiary of the Transferee Company. The shares of the Transferee Company are listed on Bombay Stock Exchange (BSE) and National Stock Exchange of India Limited (NSE) In compliance with the SEBI Master Circular No. SEBI/HO/CFD/POD2/P/CIR/2023/93 dated 20.06.2023, the Second Applicant Company, vide its letter dated 23.04.2026, forwarded copies of the Scheme, along with the resolution passed by the Board of Directors, to BSE and NSE. 4. Nature of Business: It is submitted by the Applicant Companies that – (i) The Transferor Company is engaged in the business of manufacturing automobiles components which includes aluminium die casting components and caters to both international and domestic markets. (ii) The Transferee Company is a multi-locational and multi-technology business with engineering capabilities and manufacturing facilities of its own and of its subsidiaries in India and in Spain, Lithuania, Italy and Mexico. The Company has an established presence in each of these locations and supply automotive components to its customers based there and exports its products to customers based in other countries as well. 5. Rationale of the Scheme: The Applicant Companies stated as following: In April 2019, the Transferee Company completed strategic acquisition of the entire shares of the Transferor Company. The acquisition was intended to significantly strengthen the Transferee Company’s market position and capability of delivering innovative solutions in the market. The acquisition of the Transferor Page 2 of 12 IN THE NATIONAL COMPANY LAW TRIBUNAL, MUMBAI COURT-IV CA(CAA)/115/MB/2026 Company was made not only for its tangible business properties but to leverage on its market presence and its share as a supplier in aluminium die-casting portfolio. OEMs globally were increasing aluminium usage per vehicle to reduce weight and improve efficiency. By acquiring CIEALCAST, CIEINDIA positioned itself structurally closer to OEM sourcing strategies that increasingly favour full-system and lightweight component suppliers. This Scheme of Merger by Absorption is expected to enable better realisation of potential of the businesses of the Companies and yield beneficial results and enhanced value creation for the Companies, their respective shareholders, customers, creditors and employees. The rationale for the proposed Scheme is set out below: a. Production and Marketing Synergies: Creation of production and marketing synergies by enabling the combined entity to offer a larger and more diversified product portfolio to a broad base of customers. This expanded portfolio will strengthen the Transferee company’s ability to provide integrated solutions and introduce newer products to its existing and prospective customers. The merger will facilitate improved leveraging of manufacturing and marketing capacities through coordinated capacity planning, optimisation and load balancing across facilities. Further, the unified structure will allow for direct access and seamless utilisation of operational resources and assets across the merged entities, eliminating inefficiencies arising from inter-company transfer mechanisms. b. Cross-Selling Across OEM Relationships: The merger is expected to enhance cross-selling opportunities across the OEM relationships of both entities. CIEALCAST contributes strong and deeply embedded set of arrangements with its customers that creates enforceable contractual right and obligation in the two-wheeler and passenger vehicle segments, including near sole-supplier positions for several aluminium die-cast components. Such rights and obligation are also being capable of being enforced for legal reminders by the respective party. Post-merger, the Transferee company will Page 3 of 12 IN THE NATIONAL COMPANY LAW TRIBUNAL, MUMBAI COURT-IV CA(CAA)/115/MB/2026 be positioned to offer multi-technology sourcing bundles to OEMs, enabling customers to consolidate sourcing with a trusted supplier to the customers. c. Organisational and Operating Efficiencies: Delivery of substantial organisational synergies th [Showing first 8,000 characters — download PDF for full document]