Intimation under Reg 30 of SEBI(LODR) Regulation, 2015 regarding Intimation of Investment

MAXGROW INDIA LIMITED Suchita Business Park, Ground Floor, Office No. UG-50, Y. G. Seth Marg, Ghatkopar - East, Mumbai, Maharashtra, India, 400075 Email: maxgrowlegal@gmail.com | info@maxgrowindia.in CIN–L51100MH1994PLC076018 | Web: www.maxgrowindia.in October 13, 2026 The BSE Limited Department of Corporate Services, Phiroz Jeejeeboy Tower, Dalal Street, Fort, Mumbai- 400 001 BSE Scrip Code: 521167 Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Intimation of investment in Hurricane Windfarms Private Limited. Dear Sir/Madam, Pursuant to Regulation 30(6) read with para A(1) in Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended read with SEBI Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, we hereby inform that the Company has acquired 1,10,999 (One Lakh Ten Thousand Nine Hundred and Ninety-Nine) Equity Shares of face value of INR 10/- each in Hurricane Windfarms Private Limited, by way of acquisition thereby making it subsidiary of the Company. In this regard, the details as required under Regulation 30 read with Part A of Schedule III of the SEBI Listing Regulations read with SEBI Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 is annexed as “Annexure – I” Kindly take the above information on record and oblige. Yours faithfully, For Maxgrow India Limited Shivkumar Pasi Managing Director DIN: 10869886 MAXGROW INDIA LIMITED Suchita Business Park, Ground Floor, Office No. UG-50, Y. G. Seth Marg, Ghatkopar - East, Mumbai, Maharashtra, India, 400075 Email: maxgrowlegal@gmail.com | info@maxgrowindia.in CIN–L51100MH1994PLC076018 | Web: www.maxgrowindia.in ANNEXURE – I DETAILS REQUIRED UNDER REGULATION 30 READ WITH SCHEDULE III, PART A OF SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 AND SEBI CIRCULAR NO. SEBI/HO/CFD/PoD2/CIR/P/0155 dated NOVEMBER 11, 2024. Sr. Particulars Details 1. Name of the target entity, details in Hurricane Windfarms Private Limited brief such as size, turnover etc. (HWPL) engaged in generating and selling power through wind mills. The turnover of HWPL for the financial year ended March 31, 2026 was INR. 269.12 lakhs. 2. Whether the acquisition would fall NO within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” 3. Industry to which the entity being Renewable Energy. acquired belongs 4. Objects and impact of acquisition Hurricane Windfarms Private Limited (including but not limited to, (“HWPL”), bearing CIN disclosure of reasons for acquisition U40101TN2011PTC097288 is in the of target entity, if its business is business of renewable energy. The outside the main line of business of acquisition is intended to generate the listed entity) synergies by combining the target’s renewable energy and metal trading activities with the Company’s existing capabilities, customer relationships, and MAXGROW INDIA LIMITED Suchita Business Park, Ground Floor, Office No. UG-50, Y. G. Seth Marg, Ghatkopar - East, Mumbai, Maharashtra, India, 400075 Email: maxgrowlegal@gmail.com | info@maxgrowindia.in CIN–L51100MH1994PLC076018 | Web: www.maxgrowindia.in market access. It is expected to support business growth, broaden the Company’s offerings, and create opportunities for cross-selling and operational efficiencies. 5. Brief details of any governmental or Not Applicable regulatory approvals required for the acquisition 6. Indicative time period for completion Not applicable of the acquisition 7. Consideration - whether cash Cash consideration or share swap or any other form and details of the same 8. Cost of acquisition and/or the price at INR. 525 per share which the shares are acquired 9. Percentage of shareholding / control 1,10,999 (One Lakh Ten Thousand Nine acquired and / or number of shares Hundred and Ninety-Nine) Equity Shares of acquired face value of INR 10/- each constituting 74% of shareholding of HWPL 10. Brief background about the entity Hurricane Windfarms Private Limited is acquired in terms of products/line of incorporated in India. The Date of business acquired, date of incorporation is 09/02/2011. incorporation, history of last 3 years Turnover for last three years turnover, country in which the Financial Year Turnover (INR in acquired entity has presence and any 000) other 2025-26 26,912 significant information (in brief) 2024-25 21,532.87 2023-24 21,030.51