General Updates

Navigant NAVIGANT CORPORATE ADVISORS LIMITED Regd. Office: 804, Meadows, Sahar Plaza Complex,J B Nagar, Andheri-Kurla Road, Andheri (East) Mumbai-400 059; Tel: +91-22- 4120 4837 / +91 22 4973 5078 Email: pavigant@navigantcorp.com; Website:www.navigantcorp.com (CIN: L67190MH2012PLC231304) Date: 28.09.2026 G-Tec Jainx Education Limited Office No. 302 B Wing, Pinnacle Corporate Park, BKC, Bandra (East), Mumbai - 400051 Sub: Public Announcement to the shareholders of G-Tec Jainx Education Limited Dear Sir, We are pleased to inform that we have been appointed as ‘Manager to the Offer’ by M/s. G-Tec Education Private Limited (Acquirer-1) and Mr. Roychand Chenraj (Acquirer-2) (hereinafter referred to as “"the Acquirers") for acquiring up to 26,49,166 equity shares of Rs. 10/- each of G-Tec Jainx Education Limited (‘Target Company’) representing 26.00% of the fully paid -up equity and voting share capital of the Target Company at a price of Rs. 29/- per Share fully paid-up Equity Share (‘Offer Price’), through Open Offer under Regulation 3(1) and 3(3) of SEBI (SAST) Regulations, 2011 (‘the Regulations’) requiring the Public Announcement (‘PA’) in terms of Regulation 13(1) of the said Regulations. The equity shares of the Target Company are listed on National Stock Exchange of India Limited (“NSE”). This Open offer is triggered pursuant to execution of the Share Purchase Agreement dated 28% September, 2026 (“the SPA") entered in to between Acquirers with existing promoter of Target Company. Accordingly, we released PA on 28t September, 2026 with NSE. A copy of the same is attached herewith for your reference and records. We are hereby requesting you to please upload the enclosed PA on your website. Thanks & Regards, For Navigant Corporate Advisors Limited Sarthak Vijlani Managing Director PUBLIC ANNOUNCEMENT UNDER REGULATIONS 3(1) AND 3(3) READ WITH REGULATIONS 13, 14 AND 15(1) OF THE SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011, AS AMENDED FOR THE ATTENTION OF THE EQUITY SHAREHOLDERS OF G-TEC JAINX EDUCATION LIMITED (‘G-TEC"/"TARGET COMPANY"/"TC") (Corporate Identification No. L72200MH1999PLC119661) Registered Office: Office No. 302 B Wing, Pinnacle Corporate Park, BKC, Bandra (East), Mumbai - 400051; Phone No.: +91-9029341200/+91-9029341800; Email id: info@gtecjainxeducation.com; cs@gtecjainxeducation.com; Website: www.gtecjainxeducation.com CASH OFFER FOR ACQUISITION OF EQUITY SHARES FROM SHAREHOLDERS OPEN OFFER FOR ACQUISITION OF UPTO 26,49,166 (TWENTY-SIX LAKH FORTY-NINE THOUSAND ONE HUNDRED SIXTY-SIX) FULLY PAID-UP EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH ("EQUITY SHARES") CONSTITUTING 26.00% OF THE VOTING SHARE CAPITAL OF G-TEC, FROM THE PUBLIC SHAREHOLDERS OF G-TEC BY M/S. G-TEC EDUCATION PRIVATE LIMITED (ACQUIRER-1) AND MR. ROYCHAND CHENRAJ (ACQUIRER-2) (HEREINAFTER COLLECTIVELY REFERRED TO AS THE "ACQUIRERS") PURSUANT TO AND IN ACCORDANCE WITH REGULATION 3(1) AND REGULATION 3(3) READ WITH OTHER APPLICABLE PROVISIONS OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011, AS AMENDED ("SEBI (SAST REGULATIONS" This Public Announcement ("Public Announcement” or "PA") is being issued by Navigant Corporate Advisors Limited (the "Manager to the Offer") for and on behalf of the Acquirers, to the Public Shareholders of the Target Company pursuant to and in compliance with Regulations 3(1) and Regulation 3(3) read with other applicable provisions of the SEBI (SAST) Regulations. DEFINITIONS: "Equity Shares" means the fully paid-up equity shares of the Target Company of face value of Rs. 10 (Rupees Ten Only) Each. "Offer” or "Open Offer” means the open offer for acquisition up to 26,49,166 (Twenty-Six Lakh Forty- Nine Thousand One Hundred Sixty -Six) Equity Shares, representing 26.00% of the Voting Share Capital. "Offer Price" has the meaning described to such term under paragraph 1. "Offer Size" has the meaning described to such term under paragraph 1. “Public Shareholders” shall mean all the public shareholders of the Target Company who are eligible to tender their Equity Shares in the Offer, excluding the Acquirers, the existing Promoters of the Target Company / the parties to the SPA, as applicable. "SPA" or "Agreement"” has the meaning described to such term under paragraph 2. "Voting Share Capital” means total voting equity capital of the Target Company on a fully diluted basis expected as of tenth (10t) working day from the closure of the tendering period of the Offer. MEHROOF Digitally signed by ROYCHAN Digitally MEHROOF IFTHIKAR IFTHIKAR annony D signed by MANALODY 15a:te3:: 41 +0.059.3. 0 CHENRAJ ga;fig:j\m 1. OFFER DETAILS e Offer Size: This Open Offer is being made by the Acquirers for acquisition of up to 26,49,166 fully paid-up Equity Shares of Rs. 10/- each, constituting 26.00% of the Voting Share Capital of the Target Company. e Offer Price: An offer price of Rs. 29/- (Rupees Twenty-Nine Only) per fully paid-up Equity Share (hereinafter referred to as the "Offer Price") will be offered for the equity shares tendered during the tendering period assuming full acceptance, the total consideration payable by the Acquirers, will be Rs. 7,68,25,814/- (Rupees Seven Crores Sixty-Eight Lakhs Twenty-Five Thousand Eight Hundred Fourteen Only) e Mode of Payment: The entire consideration will be paid in cash, in accordance with the provisions of Regulation 9 (1) (a) of SEBI (Substantial Acquisition of Shares and Takeovers), Regulations, 2011 (Regulations). e Type of Offer (Triggered offer, Voluntaryoff peting-offer etc.): The Offer is a mandatory open offer triggered under Regulations 3(1) and 3(3) of the SEBI (SAST) Regulations, 2011 pursuant to the acquisition contemplated under the Share Purchase Agreement, as detailed in paragraph 2 of this Public Announcement. The Acquirers are existing Promoters of the Target Company and shall continue to remain classified as Promoters of the Target Company following completion of the acquisition contemplated under the SPA. 2. TRANSACTION WHICH HAS TRIGGERED THE OPEN OFFER OBLIGATIONS (UNDERLYING TRANSACTION): This Offer is being made pursuant to the execution of the following agreement by the Acquirers: An Agreement dated 28™ September, 2026 (“SPA”) has been entered into by and between the Acquirers and Mr. Sudhakar Pandurang Sonawane (“Seller”) for the acquisition of 12,22,692 (Twelve Lakh Twenty-Two Thousand Six Hundred and Ninety-Two) Equity Shares of the Target Company, constituting 12.00% of the Voting Share Capital of the Target Company, at a consideration of Rs. 25/- per Equity Share. Pursuant to the SPA, Acquirer-1 proposes to acquire 6,11,346 Equity Shares, constituting 6.00% of the Voting Share Capital of the Target Company, and Acquirer-2 proposes to acquire 6,11,346 Equity Shares, constituting 6.00% of the Voting Share Capital of the Target Company. The acquisition contemplated under the SPA will result in the individual shareholding of Acquirer-1 increasing from 20.00% to 26.00% and the individual shareholding of Acquirer-2 increasing from 21.14% to 27.14% of the Voting Share Capital of the Target Company. Accordingly, the acquisition by each of the Acquirers attracts the obligation to make an open offer under Regulations 3(1) and 3(3) of the SEBI (SAST) Regulations, 2011. The above Share Purchase Agreement (“SPA”) is hereinafter referred to as the “Agreement” or “Share Purchase Agreement”. MEHROOF wésmoor ROYCHAN Digitally IFTHIKAR signed by IFTHIKAR \ianaLopy D ROYCHAND MANALQDY Date: 2026.09.28 CHENRAJ CHENRAJ 18:40:43 +05'30" Given below are the details of underlying transactions: Details of underlying transaction Type of Mode of Shares / Voting Total Mode of Regulation Transaction Transaction rights acquired/ Consideration payment which has (Direct/ (Agreement/ proposed to be for shares /VRs (Cash/ triggered Indirect) Allotment/ market acquired acquired securities) purchase) (Rs. In Lacs) Number % vis a vis [Showing first 8,000 characters — download PDF for full document]