Acquisition

Date: 12-10-2026 To, To, The General Manager, Manager-Listing Compliance, Department of Corporate National Stock Exchange of India Limited, Exchange Services, BSE Limited Plaza, C-1, Block G, Bandra Kurla Complex, Bandra Phiroze Jeejeebhoy Towers East, Mumbai – 400051 Dalal Street, Mumbai- 400001 Symbol: CEIGALL Scrip Code: 544223 ISIN: INE0AG901020 ISIN: INE0AG901020 Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Ma’am, In continuation of our earlier letter dated 11th September 2026 and in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has today entered into Share Purchase Agreement with REC Power Development and Consultancy Limited for acquiring 100% equity shares of Jam Khambhaliya Jamnagar Power Transmission Limited (“JKJTL”). Subsequent to this acquisition JKJTL has become wholly owned subsidiary of Ceigall India Limited. The details as required under Regulation 30 read with SEBI circular no. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 are enclosed as Annexure – I. The above information is uploaded on the website of the company www.ceigall.com You are requested to take the above information on your record. Thanking You, For Ceigall India Limited Megha Kainth Company Secretary ICSI Membership No: F7639 Annexure – I Sr. No Particulars Details a. Name of the Target Company, details in brief Name of the Company: Jam Khambhaliya Jamnagar such as size, turnover, etc. Power Transmission Limited, a wholly owned subsidiary formed by REC Power Development and Consultancy Limited Authorized & Paid-up Share Capital: 5,00,000/-(Rupees five Lakh only) divided into 50,000 equity shares of ₹10/- each Size/Turnover: NIL. b. Whether the acquisition would fall within the The Transaction would not fall within related party related party transaction(s) and whether the transaction. promoter /promoter group/ group companies have any interest in the entity being acquired? Also, Promoter/ Promoter group/ group companies have no If yes, nature of interest and details thereof and interest in acquisition of Jam Khambhaliya Jamnagar whether the same is done at "arm’s length" Transmission Limited. c. Industry to which the entity being incorporated Power Transmission & Distribution belongs. d. Objects and impact of acquisition (including but Ceigall India Limited received Letter of Intent (LOI) vide not limited to, disclosure of reasons for Ref. No: RECPDCL/TBCB/ Jam Khambhaliya/2026- acquisition of target entity, if its business is 27/2648 dated 02nd September 2026, for Establishment of outside the main line of business of the listed “Common Transmission System for evacuation of power entity) from Lakadia (Phase-II: 7.5GW), Jam Khambhaliya (Phase- II: 5.5GW) and Jamnagar (Phase-I: 1GW) - Part-B” through Tariff Based Competitive Bidding Process (TBCB)” from REC Power Development and Consultancy Limited. As a condition of RFP, in order to undertake the Project, the Company shall purchase the Shares of Jam Khambhaliya Jamnagar Transmission Limited from REC Power Development and Consultancy Limited (“Bid Process Co- Ordinator”). Pursuant to this acquisition, Jam Khambhaliya Jamnagar Transmission Limited has become a wholly owned subsidiary of Ceigall India Limited. e. Brief details of any governmental or regulatory Not Applicable approvals required for the acquisition f. Indicative time period for completion of the Not Applicable acquisition g. Consideration - whether Cash consideration or Cash Consideration share swap and details of the same h. Cost of acquisition or the price at which shares The aggregate consideration for acquisition of the shares is are acquired Rs. 18,39,86,174 (Rupees Eighteen Crore Thirty-Nine Lakhs Eighty-Six Thousand One Hundred and Seventy- Four Only), inclusive of the subscription cost of Rs. 5,00,000. i. Percentage of shareholding / control acquired 100% Shareholding and / or number of shares acquired. j. Brief background about the entity acquired in Brief background about the entity acquired in terms of terms of products/ line of business acquired, date products /line of business acquired: Electric power of incorporation, history of last 3 years turnover, generation, transmission and distribution. country in which the acquired entity has presence and any other significant information (in brief) Date of incorporation: 09th May 2026 History of last 3 years turnover: The Company was incorporated on 09th May 2026 hence turnover of the company for last 3 Financial Years are not applicable. ********