Corrigendum to 01/2026-27 Notice of Extra-Ordinary General Meeting of Company dated September 8, 2026

Date: 25th September, 2026 The Manager, Department of Corporate Services, BSE Limited, Phirozee Jeejeeboy Towers, Dalal Street, Fort, Mumbai – 400 001. Reference: Systematic Industries Limited (“the Company”) Scrip Code: 544541 ISIN: INE1KLZ01011 Sub: Corrigendum to the 01/2026‐27 Notice of Extraordinary General Meeting dated 08th September, 2026 Dear Sir/Madam, With reference to the captioned subject and further to our intimation dated 08th September, 2026, we are enclosing herewith Corrigendum to the 01/2026‐27 Notice of Extraordinary General Meeting (“EGM Notice”) of the Members of the Company, scheduled to be held on Thursday, October 01, 2026 at 12:00 P.M (IST) at Runwal Heights, 1st Floor, L.B.S. Marg, Mulund West, Mumbai – 400080). The Company completed the dispatch of Corrigendum to the EGM Notice to the Shareholders today i.e. 25th September, 2026. This Corrigendum to the EGM Notice shall form an integral part of the EGM Notice dated 08th September, 2026 which has already been circulated to the Shareholders of the Company on 25th September, 2026, and on and from the date hereof, the EGM Notice shall always be read in conjunction with this Corrigendum. The Corrigendum is enclosed herewith as Annexure A, and a corrected version of 01/2026‐27 Notice of Extraordinary General Meeting (“EGM Notice”) of the Members of the Company, incorporating the alterations and clarifications as per the Corrigendum (for ease of reference to the Members of the Company), is enclosed herewith as Annexure B. Accordingly, all concerned shareholders, Stock Exchange, Depositories, Registrar and Share Transfer Agent, agencies appointed for e‐voting, other Authorities, regulators, and all other concerned persons are requested to take note of the above changes. All other contents of the EGM Notice, save and except as modified or supplemented by this Corrigendum, shall remain unchanged. Corrigendum to the EGM Notice shall also be available on the websites of the company i.e. https://systematicindustries.com/f‐y‐2026‐2027/ , Stock Exchange i.e. BSE Limited at www.bseindia.com. Kindly take the same on your record and oblige us. For Systematic Industries Limited (Formerly known as Systematic Industries Private Limited) Siddharth Rajendra Agarwal Managing Director DIN: 00515410 Encl: As Above CORRIGENDUM TO THE NOTICE OF 01/2026-27 EXTRA ORDINARY GENERAL MEETING TO BE HELD ON THURSDAY, OCTOBER 01, 2026. We draw the attention of all the Shareholders that an Extraordinary General Meeting (“EGM”) of the Members of Systematic Industries Limited (“the Company”) is scheduled to be held on Thursday, October 01, 2026, at 12.00 P.M. (IST) at Runwal Heights, 1st Floor, L.B.S. Marg, Mulund West, Mumbai – 400080 for seeking approval of members of the Company on the resolution mentioned in the notice of EGM by way of special resolution. The Notice of the EGM dated September 08, 2026 (“EGM Notice”) was dispatched to all the shareholders of the Company on September 08, 2026 in due compliance with the provisions of the Companies Act, 2013, and rules made thereunder, read with circulars issued by Ministry of Corporate Affairs and Securities Exchange Board of India. This Corrigendum shall form an integral part of and should be read in conjunction with the EGM Notice. The Company deems it appropriate to bring the latest factual position, as mentioned below to the notice of the Shareholders of the Company through this Corrigendum to the EGM Notice. The Company is issuing this corrigendum to the EGM Notice (“Corrigendum”) in respect of the following matters forming part of the Explanatory Statement: Amendments/ Changes in Explanatory Statement of Resolution No. 01 i.e. To create, offer, issue, and allot up to 14,88,600 (Fourteen Lakh Eighty Eight Thousand Six Hundred) Equity Share of the Company of face value of INR 10/- (Rupees Ten Only) each at an issue price of INR 228.00/- (Rupees Two Hundred and Twenty Eight only) each [including a premium of INR 218.00/- (Rupees Two Hundred and Eighteen Only) each] aggregating up to INR 33,94,00,800/- (Rupees Thirty Three Crore Ninety Four Lakh Eight Hundred Only) to the Allottees belonging to the Promoters Group and Non-Promoters, for cash and for consideration other than cash (share swap) on private placement and preferential basis pursuant to provisions of section 23(1)(b), 42, 62(1) (c) and other applicable provisions of the Companies Act, 2013, SEBI (ICDR) Regulations, 2018, SEBI (LODR) Regulations, 2015 and other applicable laws: 1. Point (e) of Explanatory Statement i.e., Basis on which the price has been arrived at and justification for the price (including premium), if any, - Under this point, the Last Para i.e., Para 9 thereof on page 33 shall be replaced as under: Since, in the proposed Preferential issue of Shares, the proposed allotment is not more than 5% of the post issue fully diluted Equity Share Capital of the Company, to any of the Allottees and the Allottees acting in concert, the provisions of Regulation 166A (1) of the ICDR Regulations shall NOT be applicable to current preferential issue of the Company. However, as per Regulation 163(3) of the ICDR Regulations, where specified securities are issued for consideration other than cash compromising share swap, valuation report from Independent Registered Valuer is required to be submitted to the Stock Exchange. The Company proposes to discharge the non-cash consideration payable towards acquisition of 9,996 Equity Shares of WBPIL by issuance of its 9,42,600 No. of New Equity Shares (share swap) and hence has obtained a valuation report dated 08th September, 2026 from CA Sejal Agrawal, Director of M/s. Procurve Valux Private Limited, IBBI Registered Valuer Entity - Securities and Financial Assets being an Independent Registered Valuer Entity (IBBI Registration No. IBBI/RV-E/02/2025/218) to determine the fair value of the equity shares of the Company being ₹ 227.39/- per share and the swap ratio as required under ICDR Regulations and accordingly the pricing of the Equity Shares of the Company to be allotted shall be the higher of the following parameters: (a) Price determined as per provisions of the Regulation 164(1) of the ICDR Regulations (in case of frequently traded shares): The minimum price as per the pricing formula prescribed under Regulation 164(1) of the ICDR Regulations for the Preferential Issue of Shares is INR 227.39/- (Rupees Two Hundred Twenty Seven and Thirty Nine Paisa Only) being the higher of the following: (i) INR 208.96/- (Rupees Two Hundred Eight and Ninety Six Paisa Only) as the 90 trading days volume weighted average price of the related Equity Shares quoted on the recognised stock exchange preceding the relevant date; (ii) INR 227.39/- (Rupees Two Hundred Twenty Seven and Thirty Nine Paisa Only) as the 10 trading day’s volume weighted average prices of the related Equity Shares quoted on a recognised stock exchange preceding the relevant date. (b) The price determined in accordance with the provisions of the Articles of Association of the Company. Since the Articles of Association of the Company does not mention the formula or calculation of price to be determined for this purpose, this is not applicable to the Company. (c) Price determined as per, valuation report from Independent Registered Valuer pursuant to Regulation 163(3) of the ICDR Regulations i.e., INR 227.39/- per share. The direct link for accessing valuation report for determining fair value of Equity shares of the Company is: https://systematicindustries.com/wp-content/uploads/2026/09/Valuation-Report.pdf Accordingly, the issue price of the Equity Shares to be allotted on preferential basis is fixed at INR 228.00/- (Rupees Two Hundred and Twenty Eight only) each which includes a premium of INR premium of ₹ 218.00/- (Rupees Two Hundred and Eighteen Only) each, being the price higher than the price calculated as per above points (a) or (b) or (c) which is not less than the price determined in acco [Showing first 8,000 characters — download PDF for full document]