Intimation under Regulation 30 of SEBI (Listing Obligations Disclosure Requirements) Regulations, 2015

Ref No.: OTL/Secretarial/SE/2026-27/57 Date: September 28, 2026 BSE Limited National Stock Exchange of India Ltd., Phiroz Jeejeebhoy Towers, Plot No. C/1 'G' Block Dalal Street, Mumbai – 400023 Bandra – Kurla Complex Bandra East, Mumbai 400051 Ref: Scrip Code - BSE: 517536 NSE: ONWARDTEC Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of Onward Technologies Limited ("Company"), at its meeting held on Monday September 28, 2026, has approved an investment of up to ₹13,10,40,000 (Rupees Thirteen Crores Ten Lakhs Forty Thousand Only) by way of subscription to up to 1,05,000 1% Optionally Convertible Redeemable Preference Shares ("OCRPS") of OT Park Private Limited ("OT Park"), a wholly-owned subsidiary of the Company, pursuant to a Rights Issue. The proceeds of the Rights Issue are proposed to be utilised by OT Park for funding its business requirements, including strengthening long-term operating infrastructure and workplace facilities for the Onward Technologies and other general corporate purposes. The details required under Regulation 30 of the SEBI (LODR) Regulations, 2015 read with the applicable SEBI Circular are enclosed as Annexure A. For Onward Technologies Limited Aakash Joshi Company Secretary & Compliance Officer Membership No :- A60953 Regd. address.: 2nd floor, Sterling Centre, Dr. A.B. Road, Worli, Mumbai 400018. Tel: +91 22 24926570 CIN: L28920MH1991PLC062542 | email: compliance@onwardgroup.com | website: www.onwardgroup.com Mumbai | Pune | Chennai | Bengaluru | Hyderabad | Chicago | Detroit | Birmingham | Munich | Toronto Annexure – A Sr. Particulars Details 1. OT Park Private Limited, a Wholly Owned Subsidiary of Onward Technologies Limited. Authorised Share Capital The Authorised Share Capital of the Company is ₹40,00,000 Name of the target entity, details in brief such as (Rupees Forty Lakhs Only) divided into 2,60,000 Equity Shares of size, turnover, etc. ₹10/- each aggregating ₹26,00,000, 1,05,000 1% Optionally Convertible Redeemable Preference Shares of ₹10/- each aggregating ₹10,50,000 and 35,000 7.5% Redeemable Cumulative Preference Shares of ₹10/- each aggregating ₹3,50,000. Paid-up Share Capital The Paid up share capital of the company is ₹ 25,37,500 (Rupees Twenty Five Lakhs Thirty Seven Lakhs Five Hundred Only) divided into 2,53,750 Equity Shares of ₹ 10 each. Turnover The Audited Turnover of the company is ₹ 237.98 Lakhs 2. Whether the acquisition would fall within related Yes. OT Park Private Limited is a wholly-owned subsidiary of the party transaction(s) and whether the Company and accordingly a related party of the Company. The promoter/promoter group/group companies have investment is proposed to be made by way of subscription to any interest in the entity being acquired? OCRPS pursuant to a Rights Issue. 3. Industry to which the entity being acquired belongs Real estate / property holding and related activities. To support the funding requirements of OT Park Private Limited 4. in relation to long-term workplace infrastructure initiatives, Objects and impact of acquisition facility consolidation programmes and other business purposes of the Onward Technologies. 5. Brief details of any governmental or regulatory Not applicable. approvals required for the acquisition 6. Indicative time period for completion of the Upon completion of applicable corporate and statutory acquisition formalities. 7. Nature of consideration Cash consideration. 8. Up to ₹13,10,40,000 (Rupees Thirteen Crores Ten Lakhs Forty Cost of acquisition Thousand Only). 9. Subscription to up to 1,05,000 1% Optionally Convertible Redeemable Preference Shares of face value ₹10 each at an issue Percentage of shareholding / control acquired price of ₹1,248 per OCRPS. The Company will continue to retain and/or number of shares acquired control over OT Park Private Limited as its wholly-owned subsidiary. 10. OT Park Private Limited is a wholly-owned subsidiary of the Brief background about the entity acquired Company engaged in ownership, management and leasing of infrastructure and workplace facilities and related activities. Regd. address.: 2nd floor, Sterling Centre, Dr. A.B. Road, Worli, Mumbai 400018. Tel: +91 22 24926570 CIN: L28920MH1991PLC062542 | email: compliance@onwardgroup.com | website: www.onwardgroup.com Mumbai | Pune | Chennai | Bengaluru | Hyderabad | Chicago | Detroit | Birmingham | Munich | Toronto