Acquisition

Date: September 26, 2026 To, To, Listing/Compliance Department Listing/Compliance Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, Dalal Street, G-Block, Bandra-Kurla Complex, Mumbai - 400001 Bandra (E), Mumbai - 400051 BSE Scrip Code: 544459 NSE Symbol: SHANTIGOLD Dear Sir / Madam, Subject: Intimation under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) This is to inform you that Shanti Gold International Limited (‘the Company’) has approved to make an investment in Ratnaveer Precision Engineering Limited to acquire 2,65,000 (Two lakhs sixty-five thousand) equity shares having face value of Rs. 10/- each, at a Weighted Average Price of Rs. 333.33/- per share, through purchase on the secondary market, for an aggregate consideration of Rs. 8,83,33,245/- (Rupees Eight Crores Eighty-Three Lakhs Thirty- Three Thousand Two Hundred and Forty-Five only), inclusive of brokerage. The details as required under SEBI (Listing Obligations and 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, is enclosed herewith as Annexure-A. This intimation is also being uploaded on the Company’s website at www.shantigold.in. We request you to take the same on record. For Shanti Gold International Limited Vrushti Shah Company Secretary & Compliance Officer Encl: As above Annexure A Name of the target entity, details in brief Name: Ratnaveer Precision Engineering such as size, turnover etc.; Limited - Listed on BSE & NSE Details of Ratnaveer Precision Engineering Limited as on March 31, 2026: Authorised Capital: Rs. 85,00,00,000 Paid Up Capital: Rs. 67,99,52,350 Turnover: Rs. 1,068.74 Crore (FY 2025-26) Profit After Tax: Rs. 64.31 Crore (FY 2025-26) Whether the acquisition would fall within No related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” Industry to which the entity being Iron & Steel Products (Manufacturing of acquired belongs Stainless Steel Products) Objects and effects of acquisition 1. The Company as part of its investment (including but not limited to, disclosure of activity has invested in Ratnaveer reasons for acquisition of target entity, if Precision Engineering Limited. its business is outside the main line of 2. The Company has invested Rs. business of the listed entity) 8,83,33,245/- (inclusive of brokerage) by acquiring 2,65,000 Equity Shares of Ratnaveer Precision Engineering Limited through the secondary market. Brief details of any governmental or Not Applicable regulatory approvals required for the acquisition Indicative time period for completion of The acquisition stands completed on the acquisition September 26, 2026, in accordance with the settlement norms of the Exchange. Nature of consideration - whether cash Cash Consideration consideration or share swap and details of the same Cost of acquisition and/or the price at Cost of Acquisition: Rs. 8,83,33,245/- which the shares are acquired (inclusive of brokerage) Price of Acquisition: Weighted Average Price of Rs. 333.33/- per Equity Share Percentage of shareholding/ control Number of Equity Shares acquired is acquired and/ or number of shares 2,65,000 Equity Shares of face value of Rs. acquired 10/- each. Post acquisition, the total holding of the Company in Ratnaveer Precision Engineering Limited is 2,65,000 Equity Shares, constituting approximately 0.37% of the paid-up equity share capital of Ratnaveer Precision Engineering Limited. Brief background about the entity Ratnaveer Precision Engineering Limited is acquired in terms of products/ line of a manufacturer and exporter of stainless business acquired, date of incorporation, steel (“SS”) products, catering to industries history of last 3 years turnover, country in such as automotive, solar, pharmaceutical, which the acquired entity has presence and railways, aerospace and construction. The any other significant information (in entity was incorporated on February 20, brief); 2002 and its Equity Shares were listed on BSE and NSE on September 11, 2023. History of the last 3 years Turnover FY 2025-2026 - Rs. 1,068.74 crores FY 2024-2025 - Rs. 891.88 crores FY 2023-2024 - Rs. 595.38 crores The Company has its presence across India.