We hereby inform you that the Company has entered into an termination agreement dated October 01, 2026

VELOX SHIPPING AND LOGISTICS LIMITED (FORMERLY VELOX INDUSTRIES LIMITED) Regd. Office: 902 Filix Commercial Complex, opp Asian Paints L.B.S. Marg, Bhandup Mumbai 400078 Maharashtra, India Ph.: +91 2262536600, 9082267347 Email: veloxindustriesltd@gmail.com CIN: L52242MH1983PLC029364 REF: VELOX/ BSE/ 2026-27 Date: 01/10/2026 The Manager Listing Compliance Department BSE Ltd., P J Towers, 25th Floor, Dalal Street, Mumbai - 400 001 BSE SCRIP CODE – 506178 Subject: Disclosure regarding Termination Agreement pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/ Madam, With reference to our earlier disclosure dated December 19, 2025 regarding the proposed investment by the Company in Consolidated Container Shipping Line LLC, Dubai, we hereby inform you that the parties have entered into a Termination Agreement dated October 01 2026, pursuant to which the proposed investment has been mutually terminated and discontinued. The Termination Agreement records the mutual termination and discontinuation of the proposed investment, pursuant to which the Company had proposed to acquire 98% ownership interest in Consolidated Container Shipping Line LLC, Dubai, considering the prevailing geopolitical, security, commercial, financial, operational, legal and strategic considerations. Accordingly, the Company shall have no further obligation towards the proposed investment. We are enclosing herewith brief details of the Termination Agreement, including the impact of termination of the above as prescribed under SEBI Listing Regulations as Annexure A for your information and dissemination on the Exchange. You are kindly requested to take the same on your record and acknowledge receipt. Thanking you. Yours sincerely, FOR VELOX SHIPPING AND LOGISTICS LIMITED (Formerly Velox Industries Limited) SUSHIL SINDHKAR DIRECTOR DIN: 10191316 Place: Mumbai VELOX SHIPPING AND LOGISTICS LIMITED (FORMERLY VELOX INDUSTRIES LIMITED) Regd. Office: 902 Filix Commercial Complex, opp Asian Paints L.B.S. Marg, Bhandup Mumbai 400078 Maharashtra, India Ph.: +91 2262536600, 9082267347 Email: veloxindustriesltd@gmail.com CIN: L52242MH1983PLC029364 Annexure A Details as per Regulation 30 of the 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 issued on July 11, 2023 and last updated on January 30, 2026: Sr. Requirement of Disclosures Details 1 Name(s) of parties with whom the Velox Shipping and Logistics Limited, Consolidated agreement is entered Shipping Line India Private Limited and Consolidated Container Shipping Line L.L.C 2 Purpose of entering into the agreement; The agreement was entered into in relation to the proposed investment by Velox Shipping and Logistics Limited for acquisition of 98% ownership interest in Consolidated Container Shipping Line L.L.C., Dubai 3 Shareholding, if any, in the entity with NIL. The Company has not acquired any ownership whom the agreement is executed interest in Consolidated Container Shipping Line LLC, Dubai. 4 Significant terms of the agreement (in brief) The Company had proposed to acquire 98% special rights like right to appoint directors, ownership interest in Consolidated Container first right to share subscription in case of Shipping Line L.L.C. for a purchase consideration of issuance of shares, right to restrict any INR 5,00,00,000 (Indian Rupees Five Crore Only), change in capital structure etc.; with the corresponding USD equivalent to be determined in accordance with the applicable exchange rate contemplated under the Company Agreement. Pursuant to the Termination Agreement, the arrangements relating to the proposed investment have been mutually terminated and discontinued. 5 Whether, the said parties are related to No. The parties are not related to the promoter/ promoter/ promoter group/ group promoter group/ group companies of the companies in any manner. If yes, nature of Company. relationship; 6 Whether the transaction would fall within No. The transaction does not fall within the ambit related party transactions? If yes, of related party transactions. whether the same is done at “arm’s length”; 7 In case of issuance of shares to the parties, Not Applicable. No shares are being issued details of issue price, class of shares issued pursuant to the agreement. 8 Any other disclosures related to such Not Applicable. No nominee rights, board rights or agreements, viz., details of nominee on the other such rights arise pursuant to the board of directors of the listed entity, Termination Agreement. VELOX SHIPPING AND LOGISTICS LIMITED (FORMERLY VELOX INDUSTRIES LIMITED) Regd. Office: 902 Filix Commercial Complex, opp Asian Paints L.B.S. Marg, Bhandup Mumbai 400078 Maharashtra, India Ph.: +91 2262536600, 9082267347 Email: veloxindustriesltd@gmail.com CIN: L52242MH1983PLC029364 potential conflict of interest arising out of such agreements, etc.; 9 In case of termination or amendment of agreement, listed entity shall disclose additional details to the stock exchange(s): A Name of parties to the agreement Velox Shipping and Logistics Limited, Consolidated Shipping Line India Private Limited and Consolidated Container Shipping Line L.L.C B Nature of the agreement Termination Agreement C Date of execution of the agreement; October 01, 2026 D Details of amendment and impact thereof or Pursuant to the arrangements contemplated reasons of termination and impact thereof. between the parties, the Company had proposed to acquire 98% ownership interest in Consolidated Container Shipping Line LLC, Dubai, for a purchase consideration of INR 5,00,00,000 (Indian Rupees Five Crore Only), with the corresponding USD equivalent to be determined in accordance with the applicable exchange rate contemplated under the Company Agreement. Considering the prevailing regional geopolitical, security, commercial, financial, operational, legal and strategic considerations and the associated uncertainties affecting the contemplated investment, the parties mutually agreed to discontinue and terminate the arrangements relating to the proposed investment. Accordingly, the proposed investment has been called off and the Company shall have no obligation to make any payment, capital contribution or investment towards the proposed transaction. The termination does not involve any sale or transfer of any ownership interest by the Company, and no further monetary or contractual claim shall arise solely in relation to the proposed investment, in accordance with the terms of the Termination Agreement.