Sale or disposal

SW: 825 07th October, 2026 The Manager, The Manager, Listing Department, Corporate Relationship Department, National Stock Exchange of India Ltd., BSE Ltd., Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers, Plot No. C/1, G Block, Dalal Street, Bandra Kurla Complex, Bandra (E), MUMBAI – 400 001. Mumbai – 400 051. Scrip Code:- PDMJEPAPER Scrip Code:- 539785 Dear Sir/Madam, Subject: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Further to our earlier intimations bearing no. VJ:808 dated 11th June, 2018 and VJ:2061 dated 16th December, 2019 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as an update, we wish to inform you that, today, the Company has executed Share Purchase Agreement for sale/transfer of 12,04,999 Equity Shares of MITCON Solar Alliance Limited, a Special Purpose Vehicle (formed by MITCON Consultancy & Engineering Services Limited through its wholly-owned subsidiary, MITCON Sun Power Limited) for setting up and operating a Captive Solar Power Plant, to MITCON Sun Power Limited, for an aggregate consideration of Rs.2,40,49,990/- plus applicable taxes, duties and other charges, as may be applicable. Accordingly, upon completion of the transaction, the Company shall cease to be a shareholder of MITCON Solar Alliance Limited. The details as required under 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 dated 30th January, 2026, is enclosed herewith as Annexure-I. This is for your information and record. Thanking you, Yours Faithfully, For Pudumjee Paper Products Limited Shrihari Waychal Company Secretary and Compliance Officer ICSI Membership No.: A62562 Encl.: As Above ANNEXURE-I Sr. No. Particulars Details 1. The amount and percentage of the MITCON Solar Alliance Limited is a Special turnover or revenue or income and Purpose Vehicle (formed by MITCON Consultancy net worth contributed by such unit or & Engineering Services Limited through its wholly division or undertaking or subsidiary owned subsidiary MITCON Sun Power Limited) for or associate company of the listed setting up and operating a Captive Solar Power entity during the last financial year; Plant. It is a subsidiary of MITCON Consultancy & Engineering Services Limited and is neither an Associate Company nor a Subsidiary Company of the Company. The relevant financial details of MITCON Solar Alliance Limited, as per its latest audited financial statements for the Financial Year 2025-26, are as follows: Total Income: Rs. 679.26 Lakhs Total Equity: Rs. 984.81 Lakhs 2. Date on which the agreement for sale 07th October, 2026 has been entered into; 3. The expected date of completion of Within a month. sale/disposal; 4. Consideration received from such Rs.2,40,49,990/- sale/disposal; 5. Brief details of buyers and whether MITCON Sun Power Limited is a wholly owned any of the buyers belong to the subsidiary of MITCON Consultancy & Engineering promoter/ promoter group/group Services Limited and does not belong to the companies. If yes, details thereof; Promoter/ Promoter Group of the Company 6. Whether the transaction would fall The transaction is not a related party transaction. within related party transactions? If yes, whether the same is done at “arm’s length”; 7. Whether the sale, lease or disposal of Not Applicable the undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations; 8. Additionally, in case of a slump sale, Not Applicable indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale;