Incorporation of Subsidiary Company- EIDB Ceylon (Private) Limited in Sri Lanka

Date: September 29, 2026 The Corporate Relations Manager Bombay Stock Exchange Ltd. Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 523874 Sub.: Incorporation of overseas Subsidiary of East India Drums and Barrels Manufacturing Limited Ref.: Intimation under Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we hereby inform you that East India Drums and Barrels Manufacturing Limited (“the Company”) has incorporated an overseas subsidiary in the name and style of EIDB Ceylon Private Limited in Sri Lanka on 28 September, 2026. The Company holds 80% of the equity share capital/voting rights of the said entity and accordingly, EIDB Ceylon Private Limited is a subsidiary of the Company. The necessary details pursuant to Regulation 30 of the Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 is as under: Particulars Remarks 1. Name of the target entity, details in Name of the entity: EIDB Ceylon Private brief such as size, turnover etc. Limited The entity is Subsidiary in Ceylon, Sri Lanka Turnover: Nil, being a newly incorporated entity. 2. Whether the acquisition would fall The transaction constitutes a related party within related party transaction(s) and transaction. The Company being a subsidiary whether the promoter/ promoter of EIBDL, The promoter/promoter group group/ group companies have any have an indirect interest through their interest in the entity being acquired? If shareholding in the Company. The yes, nature of interest and details transaction is on an arm’s length basis thereof and whether the same is done at “arm’s length” 3. Industry to which the entity being Manufacturing of Drums and Barrels incorporated belongs 4. Objects and impact of The entity has been incorporated to acquisition/Incorporation (including undertake the business of manufacturing of but not limited to, disclosure of Drums and Barrels in Sri Lanka and to reasons for acquisition of target entity, expand the Company's presence in the if its business is outside the main line overseas market. The incorporation is of business of the listed entity) aligned with the Company's existing line of business. 5. Brief details of any governmental or The incorporation of EIDB Ceylon Private regulatory approvals required for the Limited has been approved by the relevant acquisition/incorporation; authorities of the Democratic Socialist Republic of Sri Lanka, and the entity has been duly incorporated in accordance with the applicable laws and regulations of Sri Lanka. 6. Indicative time period for completion Incorporated on September 28, 2026 of the acquisition/incorporation; 7. Nature of consideration– whether cash Cash consideration by way of subscription to consideration or share swap or any the equity share capital of EIDB Ceylon other form and details of the same; Private Limited. 8. Cost of acquisition or the price at Rs. 800 being the amount subscribed by the which the shares are Company towards the equity share capital of acquired/subscribed EIDB Ceylon Private Limited. 9. Percentage of shareholding/ control The Company holds 80% of the equity share acquired and/ or number of shares capital/voting rights of EIDB Ceylon Private acquired; Limited. Number of shares subscribed: 80 10. Brief background about the entity EIDB Ceylon Private Limited is a newly acquired in terms of products/line of incorporated company in Sri Lanka on 28 business acquired, date of September 2026. The company is incorporation, history of last 3 years engaged/proposed to be engaged in the turnover, country in which the business of manufacturing of Drums and acquired entity has presence and any Barrels. Since the entity has been newly other significant information (in brief) incorporated, there is no historical turnover for the preceding three financial years. The entity has its presence in Sri Lanka Yours faithfully, For East India Drums and Barrels Manufacturing Limited Mayuri Choudhary Company Secretary cum Compliance Officer Membership No: A55667