Agreements

12th October 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra, Dalal Street, Mumbai - 400001 Mumbai - 400 051 Trading Symbol: NIPPOBATRY Scrip Code: 504058 Dear Sir/Madam, Subject: Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the “SEBI Listing Regulations”) Pursuant to Regulation 30 of the SEBI Listing Regulations we hereby inform you that the Board of Directors of Indo-National Limited (the “Company”), at its meeting held on 12th October, 2026, approved the execution of Memorandum of Agreement (“MoA”) with Radiohms Agencies, RAL Consumer Products Limited (“Distributors”) and Rajendra Prasad Khaitan (“RPK”). In accordance with Clause 5 of Para B of Part A of Schedule III of the SEBI Listing Regulations, r ead with the SEBI circular dated July 13, 2023, the requisite details in relation to the MoA are enclosed herewith. Sr. No. Particulars Details 1. Names of Parties with whom the  Indo National Limited Agreement is entered  Radiohms Agencies  RAL Consumer Products Limited  Rajendra Prasad Khaitan 2. Purpose To inter alia record and confirm the cessation of the Distributors as the authorized wholesale distributors of the Company for Bihar, West- Bengal and North-Eastern States in India, with effect from 26 September 2024, and settlement of inter-se payables. Further, each of RPK and the Distributors have also entered into non-compete and non-solicit obligations vis-à-vis the Company. 3. Size of Agreement Payment to be made towards the purpose set out above including set-off of identified payables and receivables of RA / RAL as per the terms of the MoA, is a net sum of INR lndo National Limited I Corporate office address: Pottipati Plaza, 3rd Floor, 77, Nungambakkam High Road, Chennai – 600034. Registered office address: No. 609, Mount Road, Lakshmi Bhawan IVth FLOOR, Chennai- 600006. CIN No: L31909TN1972PLC006196 I feedback@nippo.in I 044-2827 2711, 044-2824 2700 I www.nippo.in 2,35,60,956 (Indian Rupees Two crores thirty-five lakhs sixty thousand nine hundred and fifty-six only) payable by the Company. 4. Shareholding, if any, in entity with Not Applicable whom the agreement is executed 5. Significant terms of the agreement The key terms of the Agreement are as (in brief) special rights like right to follows: appoint directors, first right to share (i) cessation of the Distributors as the subscription in case of issuance of authorized wholesale distributors of shares, right to restrict any change the Company for Bihar, West- Bengal in capital structure etc.; and North-Eastern States in India, and settlement of inter-se payables. (ii) RPK and the Distributors shall undertake customary non-compete obligations in respect of certain product lines of the Company, and customary non-solicit obligations. 6. Whether the parties to the RPK is a member of the promoter group of Agreement are related to promoter the Company and is accordingly a ‘related / promoter group / associate / party’ of the Company under the Securities holding / subsidiary / group Exchange Board of India (Listing companies / Director / KMP and its Obligations and Disclosure Requirements) relatives in any manner. Regulations 2015. 7. Whether the transaction would fall Yes. The transaction is undertaken at an under related party transactions? If arm’s length basis. yes, Whether the transaction is done at “arm’s length” basis 8. There is any issuance / transfer of Not Applicable shares to the parties? 9. In case of loan agreements, details Not Applicable of lender/borrower, nature of the loan, total amount of loan granted/taken, total amount outstanding, date of execution of the loan agreement/sanction letter, details of the security provided to the lenders / by the borrowers for such loan or in case outstanding loans lent to a party or borrowed from a party become material on a cumulative basis. lndo National Limited I Corporate office address: Pottipati Plaza, 3rd Floor, 77, Nungambakkam High Road, Chennai – 600034. Registered office address: No. 609, Mount Road, Lakshmi Bhawan IVth FLOOR, Chennai- 600006. CIN No: L31909TN1972PLC006196 I feedback@nippo.in I 044-2827 2711, 044-2824 2700 I www.nippo.in 10. Any other disclosures related to Not Applicable such agreements, viz., details of nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreements, etc; 11. In case of termination or Not Applicable amendment of agreement, listed entity shall disclose additional details to the Stock Exchange(S): (i) Name of the parties to the agreement; (ii) Nature of the agreement; (iii) Date of execution of the agreement; and (iv) Details of amendment and impact thereof or reasons of termination and impact thereof. The Board Meeting commenced at 03:00 P.M. and concluded at 4.00 P.M. (IST). Request you to take the above on record. Thanking you, For Indo-National Limited J. Srinivasan Company Secretary lndo National Limited I Corporate office address: Pottipati Plaza, 3rd Floor, 77, Nungambakkam High Road, Chennai – 600034. Registered office address: No. 609, Mount Road, Lakshmi Bhawan IVth FLOOR, Chennai- 600006. CIN No: L31909TN1972PLC006196 I feedback@nippo.in I 044-2827 2711, 044-2824 2700 I www.nippo.in