Navigant Corporate Advisors Limited ("Manager to the Open Offer") has submitted to BSE a copy of Detailed Public Statement for the attention of the Equity Shareholders of Tusaldah Ltd ("Target Company").

AA 4 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: navigant@navigantcorp.com; Website:www.navigantcorp.com (CIN: L67190MH2012PLC231304) Date: 05.10.2026 The Manager Dept. of Corporate Services BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort Mumbai - 400 001 Sub: Detailed Public Statement to the shareholders of Tusaldah Limited (formerly known as High Street Filatex Limited) (BSE Code: 531301) Dear Sir, We are pleased to inform that we have been appointed as ‘Manager to the Offer’ by Mr. Sandeep Jagdishprasad Agrawal (Acquirer-1) and Mrs. Anupriya Sandeep Agrawal (Acquirer-2) (Acquirer-1 and Acquirer-2 hereinafter collectively referred to as the "Acquirers”) for acquiring up to 37,83,000 equity shares of Rs. 10/- each of Tusaldah Limited (formerly known as High Street Filatex Limited) (‘Target Company’) representing 26.00% of the of the Expanded Equity and Voting Share Capital of the Target Company at an offer price of Rs. 20/- per Share fully paid-up Equity Share (‘Offer Price’), through Open Offer under Regulation 3(1) and 3(2) of SEBI (SAST) Regulations, 2011 (‘the Regulations’). As per Regulation 13 (4) & 14 (3) of SEBI (SAST) Regulations, 2011, the Detailed Public Statement (DPS) has been published on 05" October, 2026. A copy of the DPS is attached herewith for your reference and records. We are also submitting herewith a Soft Copy of the same in PDF format. You are requested to upload the same on your website. Thanks & Regards, For Navigant Corporate Advisors Limited Sarthak Vijlani Managing Director DETAILED PUBLIC STATEMENT FOR THE ATTENTION OF THE EQUITY SHAREHOLDERS OF TUSALDAH LIMITED (FORMERLY KNOWN AS HIGH STREET FILATEX LIMITED) (“TUSALDAH”/ “TARGET COMPANY”/ “TC”) (Corporate Identification No. L10790MH1994PLC474454) Registered Office: 511, 5th Floor, Corporate Avenue, Wing A, Sonawala Lane, Goregaon East, Mumbai-400063, Maharashtra; Phone No.: 022- 46652977; Email id: info@tusaldah.ltd; Website: www.tusaldah.ltd CASH OFFER FOR ACQUISITION OF EQUITY SHARES FROM SHAREHOLDERS OPEN OFFER FOR ACQUISITION OF UPTO 37,83,000 (THIRTY-SEVEN LAKHS EIGHTY-THREE THOUSAND) FULLY PAID-UP EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH ("EQUITY SHARES") CONSTITUTING 26.00% OF THE EXPANDED EQUITY AND VOTING SHARE CAPITAL OF TUSALDAH, FROM THE PUBLIC SHAREHOLDERS OF TUSALDAH, BY SANDEEP JAGDISHPRASAD AGRAWAL (ACQUIRER-1) AND ANUPRIYA SANDEEP AGRAWAL (ACQUIRER-2) (HEREINAFTER COLLECTIVELY REFERRED TO AS THE "ACQUIRERS") PURSUANT TO AND IN ACCORDANCE WITH REGULATION 3(1) AND 3(2) 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 detailed public statement (“DPS’’) is being issued by M/s. Navigant Corporate Advisors Limited, the each and 3,50,000 (Three Lacs Fifty Thousand) Preference shares of Rs. 100/- (Rupees may be applicable, consider or undertake any compromise or arrangement, reconstruction, Manager to the Offer (“Manager”), on behalf of the Acquirers in compliance with Regulation 13(4) of the One Hundred Only) each. The Board of Directors at its meeting held on September 25, restructuring, merger, amalgamation, rationalization and/or streamlining of the operations, Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2026 has proposed, subject to approval of the members and applicable regulatory filings, assets, liabilities, investments or businesses of the Target Company, or any other measures 2011 and subsequent amendments thereto (“SEBI (SAST) Regulations, 2011”), pursuant to the Public an increase in authorised share capital to Rs. 18,50,00,000 (Rupees Eighteen Crores Fifty as may be considered appropriate in the interest of the Target Company. The Board of Announcement (PA) filed on 25th September, 2026 with the BSE Limited, Securities and Exchange Board Lacs Only) divided into 1,50,00,000 (One Crore Fifty Lacs) Equity Shares of Rs. 10/- each Directors of the Target Company shall take appropriate decisions in respect of such matters of India (“SEBI”) and Target Company in terms of Regulation 3(1) and 3(2) read with regulation 15(1) and and 3,50,000 (Three Lacs Fifty Thousand) Preference shares of Rs. 100/- (Rupees One in accordance with applicable laws, the requirements of the business and opportunities 13(2)(g) of the SEBI (SAST) Regulations. Hundred Only) each by creating additional Rs. 10,00,00,000 (Rupees Ten Crores Only) available from time to time. The Acquirers, who are presently Promoters of the Target Definitions: divided into 1,00,00,000 (One Crore) Equity Shares of Rs. 10/- each subject to the approval Company and are associated with the management of the Target Company, may consider "Equity Shares" means the fully paid-up equity shares of the Target Company of face value of Rs.10/- of the shareholders and applicable regulatory filings. The Issued, Subscribed and Paid-up reconstitution of the Board of Directors of the Target Company, subject to applicable laws (Rupees Ten Only) each. capital of Tusaldah is Rs. 234.34 Lakhs divided into 23,43,430 Equity Shares of Face Value and requisite approvals, if any, following completion of the Offer. However, as on the date “Existing Share & Voting Capital” means paid up share capital of the Target Company prior to Proposed of Rs. 10/- each. of this Detailed Public Statement, no firm decision has been made by the Acquirers in this preferential issue i.e., Rs. 2,34,34,300 divided into 23,43,430 Equity Shares of Rs. 10/- each. 3. Target Company has established its connectivity with both the National Securities regard. “Emerging Equity & Voting Share Capital” means 82,00,000 fully paid-up equity shares of the face Depository Limited and Central Depository Services (India) Limited. The ISIN of Tusaldah 7. In terms of Regulation 25(2) of the SEBI (SAST) Regulations, the Acquirers do not currently value of Rs. 10/- each of the Target Company being the capital post allotment of 58,56,570 equity shares is INE319M01011. have any intention to alienate, restructure, dispose of or otherwise encumber any material (29,09,299 equity shares to the Acquirers and 29,47,271 to other public category investors) on preferential 4. Main objects of the company are as mentioned as under: assets of the Target Company during the period of two years from the completion of the basis. a. To sell, buy, import, export, deal in and manufacture readymade garments, made- Offer, except in the ordinary course of business and/or as already agreed, disclosed and/ “Expanded Equity & Voting Share Capital” means 1,45,50,000 fully paid-up equity shares of the face ups, furniture covers, hosiery goods, embroidery articles, carpets, curtains, dhurries, or publicly announced by the Target Company. Notwithstanding anything contained herein, value of Rs. 10/- each of the Target Company being the capital post allotment of 58,56,570 equity shares shawls, drugget, mattresses, sweaters, jerseys, hats, felts, gloves, socks, chesters, the Acquirers undertake that they shall not undertake or cause the Target Company to to the Acquirers and other public category investors on preferential basis and also inclusive of 63,50,000 scarfs from woolens, wool, silk, cottons, textile, cloth, synthetic fabrics, tapestry and undertake any sale, lease, disposal or other form of encumbrance of any material assets of warrants convertible into equity shares to Acquirers and public category investors on preferential basis. curtain materials. the Target Company, except in the ordinary course of business and/or as already agreed, “Offer” or “Open Offer” means the open offer for acquisition of up to 37,83,000 (Thirty-Seven Lakhs b. To carry on the business or businesses of combing, carding, preparing, packing, [Showing first 8,000 characters — download PDF for full document]