Clarification w.r.t query raised by BSE for significant movement in price of scrip of the Company.

Ref. No.: MAL-SEC/32/2026-27 Date: October 9, 2026 The Secretary BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 544451 Sub: Clarification on Price Movement Ref: BSE Email bearing Ref No. L/SURV/ONL/PV/SJ/ 2026-2027/4367 Dated October 9, 2026 Dear Sir/Madam, We are in receipt of your email dated October 9, 2026 regarding significant movement in price of our scrip. In this connection, we wish to inform you that we have been complying with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 (“SEBI Listing Regulations”) and have made disclosures of all information/announcements within the prescribed timelines. We further confirm that the Company has not withheld any material information or event that, in our opinion, may have a bearing on the price or volume behaviour of its shares. The Company will continue to make appropriate disclosures to the Stock Exchanges as and when any event or information requiring disclosure under Regulation 30 of SEBI Listing Regulations, as amended from time to time. Further, we would like to inform that the price movement in the scrip of the company is purely due to market conditions and absolutely market driven. The management of the Company neither has any control nor has any knowledge of the reasons for the significant movement in price of our scrip. We request you to kindly take the above clarification on record. Thanking you, Yours faithfully, For Monika Alcobev Limited Kalpesh Ramina Company Secretary & Compliance Officer