General Updates

October 01, 2026 The Department of Corporate Services, BSE Limited, Mumbai The Listing Compliance Department, National Stock Exchange of India Ltd, Mumbai BSE Script Code: 531795 NSE Script Symbol: ATULAUTO Dear Sir/Madam, Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the ‘Listing Regulations’) - Investment in Subsidiary Company This is to inform the exchanges that Atul Auto Limited has invested Rs.18,34,39,800/- (Rupees Eighteen Crore Thirty-Four Lakh Thirty-Nine Thousand Eight Hundred Only) by way of subscription in the equity share capital of its wholly-owned subsidiary namely Khushbu Auto Finance Limited (hereinafter referred as 'KAFL'), on right basis. The said shares have been allotted on September 30, 2026. With this investment, the total investment made by the Company in KAFL stands to Rs.96.15 crore. KAFL is the Wholly-owned Subsidiary of the Company. The detailed disclosure required under Regulation 30 read with para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("LODR Regulations") and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July 2023 is enclosed herewith. For Atul Auto Limited, Paras Viramgama Company Secretary & Compliance Officer ATUL AUTO LIMITED (Corporate Identification Number: L54100GJ1986PLC016999) Regd. Office & Factory: National Highway 8-B, Near Microwave Tower, Shapar (Veraval), Rajkot - 360024 (Gujarat) Phone: 02827 252999 Website: www.atulauto.co.in E-Mail: info@atulauto.co.in DETAILED DISCLOSURES UNDER PARA A OF PART A OF SCHEDULE III REQUIRED UNDER REGULATIO 30 OF LODR REGULATIONS: a. Na me of the target entity, details in brief such as Khushbu Auto Finance Limited (“KAFL”) a Non- size, turnover etc. Banking Finance Company categorized as Investment and Credit Company (NBFC ICC), earlier it was Asset Finance Company (AFC). KAFL is wholly owned subsidiary of the Company. KAFL is captive finance company; engaged primarily in the business of financing of three-wheelers of Atul Auto Limited. As on 31st March, 2026: Paid up share capital: Rs.7088 Lakh Turnover: Rs.4583 Lakh Net worth: Rs.14067 Lakh Profit / (Loss) after tax for FY 2025-26: Rs.294 Lakh b. W hether the acquisition would fall within The acquisition would not fall within related party related party transaction(s) and whether the transaction(s). Promoters (including Promoter promoter/ promoter group/ group companies Group) of Atul Auto Limited are holding total have any interest in the entity being acquired? 1,82,79,400 Reedemable Preference Shares (“PPS”) of KAFL. If yes, nature of interest and details thereof and Save and except what is mentioned above, the whether the same is done at "arm's length" Promoter/promoter group/group companies except Atul Auto Limited have no interest in the transaction. The said transaction is at arm's length. c. Ind ustry to which the entity being acquired KAFL a Non-Banking Finance Company categorized as belongs Investment and Credit Company (NBFC ICC), earlier it was Asset Finance Company (AFC). KAFL is wholly owned subsidiary of the Company. d. Ob jects and effects of acquisition (including but Currently, Atul Auto Limited is holding 100% share not limited to, disclosure of reasons for capital of KAFL and with the current investment, Atul acquisition of target entity, if its business is Auto Limited’s shareholding perentage in KAFL will outside the main line of business of the listed remain unchanged. entity) The issue proceed will be utilized to redeem PPS issued by KAFL to Promoters (including Promoter Group) of Atul Auto Limited in 2021. e. Br ief details of any governmental or regulatory None approvals required for the acquisition f. Ind icative time period for completion of the The equity shares against the current investment acquisition were allotted on September 30, 2026 ATUL AUTO LIMITED (Corporate Identification Number: L54100GJ1986PLC016999) Regd. Office & Factory: National Highway 8-B, Near Microwave Tower, Shapar (Veraval), Rajkot - 360024 (Gujarat) Phone: 02827 252999 Website: www.atulauto.co.in E-Mail: info@atulauto.co.in g. Co nsideration - whether cash consideration or Cash Consideration share swap or any other form and details of the same h. Co st of acquisition or the price at which the 91,40,000 equity shares of face value of Rs.10 each shares are acquired at an issue price of Rs.20.07 per share aggregating to Rs.18,34,39,800/- on rights basis to Atul Auto Limited. i. Pe rcentage of shareholding/ control acquired The Company acquired 91,40,000 equity shares of and/or number of shares acquired KAFL. Atul Auto Limited’s shareholding percentage in KAFL will remain unchanged at 100.00%. j. Br ief background about the entity acquired in KAFL was incorporated under the Companies Act, terms of products/line of business acquired, 1956 on August 19, 1994. date of incorporation, history of last 3 years’ turnover, country in which the acquired entity Khushbu Auto Finance Limited (“KAFL”) a Non- has presence and any other significant Banking Finance Company registered with RBI, information (in brief) categorized as Investment and Credit Company (NBFC ICC), earlier it was Asset Finance Company (AFC). KAFL is wholly owned subsidiary of the Company. The turnover of KAFL for last three years is given below: Year Turnover In Rs. Lakh FY 2025-26 4583 FY 2024-25 4438 FY 2023-24 3633 Country of presence of KAFL: India ATUL AUTO LIMITED (Corporate Identification Number: L54100GJ1986PLC016999) Regd. Office & Factory: National Highway 8-B, Near Microwave Tower, Shapar (Veraval), Rajkot - 360024 (Gujarat) Phone: 02827 252999 Website: www.atulauto.co.in E-Mail: info@atulauto.co.in