Pursuant to Regulation 10(5) of SEBI( Substantial Acquisition of Shares and Takeovers) Regulations, 2011, we wish to inform you that the Company has received an intimation from Mrs. Lalitadevi Shantisarup Reniwal, Promoter of the Company, in relation to the proposed acquisition of 1,53,375 equity shares, by way of gift, from her son, Mr. Rajeev Reniwal, also being a promoter of the company.

10% October, 2026 BSE Limited Corporate Relations Department, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001 Scrip Code: 532001 Script Name: INDCTST ISIN: INE146H01018 Subject: Disclosure regarding receipt of prior intimation under Regulation 10(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Dear Sir/Madam, Pursuant to Regulation 10(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, we wish to inform you that the Company has received an intimation from Mrs. Lalitadevi Shantisarup Reniwal, Promoter of the Company, in relation to the proposed acquisition of 1,53,375 (One Lakh Fifty-Three Thousand Three Hundred Seventy-Five) equity shares representing 3.82% of total share capital of the company, by way of gift without consideration from her son, Mr. Rajeev Shantisarup Reniwal, also being a Promoter of the Company. The proposed acquisition s stated to be exempt from the obligation to make an open offer in terms of Regulation 10(1)(a) of the aforesaid Regulations, subject to fulfilment of the applicable conditions prescribed thereunder. A copy of the intimation received from the Acquirer is enclosed herewith for your information and records. Thanking You, Yours faithfully, For INDUCTO STEEL LIMITED Diana Palia Company Secretary & Compliance Officer Membership No. A40554 Encl.: Intimation received from the Acquirer under Regulation 10(5) of the SEBI (SAST) Regulations, 2011. Registered Office: 156, Maker Chambers V1, 220, Jamnalal Bajaj Marg, Nariman Point, Mumbai- 400 021. Tel.- 022 - 22043211 E-mail: secretarial.inducto@gmail.com Web Site: www.hariyanagroup.com CIN NO. L27100MH1988PLC194523 ISO 9001-2015/14001-2015 & OHSMS 45001-2018Certified M Gma|l Inducto Steel Limited <secretarial.inducto@gmail.com> Submission of Prior Intimation under Regulation 10(5) of SEBI (SAST) Regulations, 2011 contact@hariyanagroup.com <contact@hariyanagroup.com> 9 October 2026 at 15:54 To: corp.relations@bseindia.com Cc: Inducto Steel Limited <secretarial.inducto@gmail.com> Dear Sir/Madam, Please find enclosed herewith the prior intimation under Regulation 10(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, in respect of the proposed acquisition by way of gift of 1,53,375 equity shares of Inducto Steels Limited from my son, Mr. Rajeev Reniwal, who is a promoter of the Company. Kindly take the same on record. Thanking you. Regards, Mrs. Lalitadevi Reniwal Promoter Inducto Steels Limited 4 10-5 BSE _ISL_LDR.pdf 1069K Date: 09t October,2026 The BSE Limited Corporate Relations Department, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001 Scrip Code: 532001 Script Name: INDCTST ISIN: INE146H01018 Subject: Prior Intimation under Regulation 10(5) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for acquisition of shares by way of gift. Reference: Target Company: Inducto Steel Limited, ISIN: INE146H01018 Sir/Madam, I, Mrs. Lalitadevi Shantisarup Reniwal, Promoter of Inducto Steels Limited (“Company”), hereby submit the enclosed intimation pursuant to Regulation 10(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, in respect of the proposed inter-se transfer of 1,53,375 equity shares of the Company from Mr. Rajeev Shantisarup Reniwal, Promoter and Immediate Relative, by way of gift without consideration. The proposed transaction is intended to be undertaken pursuant to the exemption available under Regulation 10(1)(a)(i) and/or Regulation 10(1)(a)(ii) of the SEBI SAST Regulations, subject to fulfilment of the applicable conditions prescribed thereunder. You are requested to kindly take the enclosed intimation on record. I'hanking You, Yours Faithfully, « oiiovar Tt Lalitadevi Shantisarup Reniwal Acquirer/Promoter INDUCTO STEEL LIMITED Disclosures under Regulation 10(5) - Intimation to Stock Exchanges in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, 1. | Name of the Target Company (TC) Inducto Steel Limited 2. | Name of the acquirer(s) Lalitadevi Shantisarup Reniwal (Mother of Mr. Rajeev Shantisarup Reniwal, Transferor) 3. | Whether the acquirer(s) is/ are promoters of the TC prior Lalitadevi Shantisarup Reniwal (Mother off to the transaction. If not, nature of relationship or | Mr. Rajeev Shantisarup Reniwal, Transferor), association with the TC or its who is the promoter. Promoters (The disclosure pertains to the inter se transfer| by way of gift of shares between immediate relatives under promoters and promoter = group). 4. | Details of the proposed acquisition a. | Name of the person(s) from whom shares are Mr. Rajeev Shantisarup Reniwal to be acquired b. | Proposed Date of Acquisition/ Transfer 16th October, 2026 ¢ | Number of shares to be acquired from each 1,53,375 l person mentioned in 4(a) above d. | Total shares to be acquired as % of share |3.82% capital of TC e | Price at which shares are proposed to be Nil Acquired Shares are transferred way gift between| immediate relatives. Therefore, no consideration is involved. f. | Rationale, if any, for the proposed transfer Relevant sub-clause of regulation 10(1)(a) under which the acquirer is exempted from making open Offer @ Regulation 10 (1) (a) (i) and (ii) of SEBI(SAST) Regulations, 2011. 6. | If, frequently traded, volume weighted average market Not applicable, as the inter-se transfer is via price for a period of 60 trading days preceding the date Gift. of issuance of this notice as traded on the stock exchange where the maximum volume of trading in the shares of the TC are recorded during such period. 7. | If in-frequently traded, the price as determined in terms Not applicable, as the inter-se transfer is vi | of clause (e) of sub-regulation (2) of regulation 8. Gift. 8. Declaration by the acquirer, that the acquisition price Not applicable, as the inter-se transfer is vi: would not be higher by more than 25% of the price Gift. computed in point 6 or point 7 asapplicable. 9. | Declaration by the acquirer, that the transferor and Enclosed “Annexure A" transferee have complied / will comply with applicable disclosure requiremen ts in Chapter V of the Takeover Regulations, 2011 (corresponding provisions of the repealed Takeover Regulations 1997) 10. Declaration by the acquirer that all the conditions| Enclosed “Annexure A" specified under regulation 10(1)(a) with respect to exemptions has been duly complied with. 11. | Shareholding details Before the After the proposed proposed transaction transaction | No. of| % w.rt | No.of % w.rt shares/ total shares total share voting share |/voting capital rights capitalof | rights of TC a. | Acquirer(s) and PACs (other than sellers) () 22,93873| 57.10% | 2447248 | 60.92% b. | Seller (s) 4,90,901| 12.22% 3,37,526 | 8.40% + o o7 g1 LALITADEVI SHANTISARUP RENIWAL ACQUIRER /PROMOTER Date: 09" October, 2026 Place: Mumbai Declaration by Acquirer This is with respect to the following proposed acquisition of shares by way of “gift”, inter-se, within the Promoters of the Company viz. Inducto Steel Limited (a company incorporated under the Companies Act, 1956), having its registered office at 156, Maker Chamber VI, 220, Jamnalal Bajaj Marg, Nariman Point, Mumbai- 400021, Proposed Date of | Name of the | Name of the | Number of | % of Total Transaction Transferor/Donor Transferee/ Shares Shareholding (Promoter Group) Donee (Promoter | transferred by LB Group) Way of Gift | 16 October, 2026 | Mr. Rajeev | Mrs. Lalitadevi | 1,53,375 3.82% Shantisarup Reniwal | Shantisarup Reniwal In this regard the undersigned, being the proposed acquirer hereby declares that: a. The transferor and transferee will comply with applicable disclosure requirements prescribed under Chapter V of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (or the corresponding provisions of the repealed Take [Showing first 8,000 characters — download PDF for full document]