Execution of Memorandum of Understanding with M/s. Om Sree Builders and Developers LLP for the Sale of the Company''s land at IDA Uppal, Hyderabad

BHAGYANAGAR INDIA LIMITED 1S0-9001-2008 Certified Company Registered Office : Surana Group Plot No. 9/13/1 & P-9/14, 1.D.A. Nacharam, Hyderabad -500 076. Telangana, India. Tel. : +91 40 27152861, 27151278 Fax : +9140 27172140, 27818868 Email : bil@surana.com Website : www.bhagyanagarindia.com CIN No. : L27201TG1985PLC012449 BIL/SECT/60/2026-27 Date: 12" October, 2026 The Secretary, The Secretary, National Stock Exchange of India Ltd., BSE Limited, Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (E), Dalal Street, Mumbai- 400 051. Mumbai- 400 001. Serip Code: BHAGYANGR Scrip Code: 512296 | Dear Sir/Madam, Subject: Outcome of the Board Meeting held today i.e., 12! October, 2026 & Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 — Execution of Memorandum of Understanding with M/s. Om Sree Builders and Developers LLP for the Sale of the Company's land at IDA Uppal, Hyderabad Pursuant to Regulation 30 read with Para B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") and in compliance with the provisions of the Listing Regulations, we wish to inform you that the Board of Directors of the Company, at its meeting held today, i.e. on 12 October, 2026, has inter alia approved and executed, a Memorandum of Understanding (“MOU™) with M/s. Om Sree Builders and Developers LLP (LLPIN: AAV-7704) (“Developer”) subject to approval of sharcholders of the Company which shall be initiated in due course. The MOU relates to the Company's land admeasuring approximately 20,080.52 square yards situated in Survey No. 1, Block No. III, Plot Nos. A3/P and A2/P, Industrial Development Area (IDA), Uppal, Uppal Khalsa Village, Uppal Mandal, Medchal-Malkajgiri District, Telangana ("Property"). It provides for a hybrid transaction comprising: L. Outright sale of 7,260 square yards (1.50 acres) to the Developer at a consideration of Rs. 60 Crore. 2. Joint development of the balance of approximately 12,820.52 square yards (approximately 6489 acres) under a Development Agreement-cum-Irrevocable General Power ofA ttorney (“DAGPA”), with the saleable area shared 30% to the Company admeasuring about 3 lac square feet of developed area. The details required under the SEBI LODR are given in Annexure A. The above information is also being made available on the Company's website at www.bhagyanagarindia.com The meeting of the Board of Directors commenced at 5:10 P.M. and concluded at 5:40 P.M. Kindly take the above information on record. Thanking you, Yours Sincerely, FOR BHAGYANAGAR INDIA LIMITED DEVENDRA SURANA \ MANAGING DIRECTOR * DIN: 00077296 Encl: A/a ANNEXURE A Details under Regulation 30 of the Listing Regulations read with Annexure 18 of the SEBI Master Circular Sr. | Particulars Details a Name(s) of parties with whom the | M/s. Om Sree Builders and Developers LLP (LLPIN: AAV- agreement is entered 7704), registered office at H. No. 5-8-40, Rainbow Farm, beside Valerian School, Yapral, Secunderabad, Telangana— 500087 b Purpose of entering into the | To monetise the Company's land at IDA Uppal through a agreement hybrid structure: outright sale of 7,260 sq. yds. and joint development of the balance 12,820.52 sq. yds., unlocking value from a non-operational asset c Size of agreement sale consideration of Rs. 60 Crore for 7,260 sq. yds and 30% share of the saleable area of the JD portion (approx. 3 lac sq. ft.) d Shareholding, if any, in the entity | Nil with whom the agreement is executed e Significant terms of the agreement, | (i) Property: 20,080.52 sq. yds. at Sy. No. 1, Block III, Plot special rights like right to appoint | Nos. A3/P and A2/P, IDA Uppal, Medchal-Malkajgiri directors, first right to share | District, Telangana. subscription in case of issuance of shares, right to restrict any change in | (ii) Outright sale portion: 7,260 sq. yds. (1.50 acres), capital structure etc. payable through an Agreement of Sale followed by a Sale Deed. (iii) JD portion: 12,820.52 sq. yds. (2.6489 acres) under a DAGPA; saleable area shared 30% to Company and 70% to Developer. (iv) Definitive documents such as: DAGPA and Sale Deed shall be executed within 6 months from the date of this MOU or as may be mutually agreed by the parties. (v) No special rights such as board nomination, share subscription or restriction on capital structure are granted to the Developer. f Whether the said parties are related No. The Developer is not related to the promoter / to promoter/ promoter group / group promoter group / group companies. companies in any manner; if yes, nature of relationship Whether the transaction would fall No, it is not a related party transaction. within related party transactions; if yes, whether done at arm's length In case of issuance of shares to the Not applicable parties, details of issue price, class of shares issued In case of loan agreements, details of Not applicable lender / borrower, nature of loan, amount, security ctc. Any other disclosures related to No nominee director rights. No conflict of interest. such agreements, viz. details of nominee on the Board, potential conflict of interest etc. In case of termination or amendment Not applicable (fresh agreement) of agreement — additional details