We hereby inform you that Mehai Technology Limited has entered into a Share Purchase Agreement dated 12th October, 2026 for the acquisition of 100 % of issued and paid-up share capital of Hi-Tech Services Private Limited from its existing shareholders.

W ehal Mehai Technology Limited CIN: L62099WR2013PLC293942 Date: 13.10.2026 The Manager Department of Corporate Services Bombay Stock Exchange Limited 1st Floor, New Trading Wing, Rotunda Building, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001 Scrip Code: 540730 Security Id- MEHAI Dear Sir/ Madam, Subject: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements Regulations, 2015 as amended Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations™), and applicable SEBI circulars, we hereby inform you that Mehai Technology Limited (“the Company”) has entered into a Share Purchase Agreement dated 12 October 2026 for the acquisition of 100% of the issued and paid-up equity share capital of Hi-Tech Services Private Limited (“Target Company”) from its existing shareholders. The total consideration for the proposed acquisition is ¥4,50,00,000/- (Rupees Four Crore Fifty Lakh only), payable in accordance with the terms and conditions of the Share Transfer Agreement. The details as required under Regulation 30 read with Schedule III of the SEBI LODR Regulations and SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD?2/1/3762/2026 dated January 30, 2026 as amended from time to time, are enclosed herewith as Annexure A. The Company shall intimate the Stock Exchange regarding completion of the acquisition in accordance with applicable regulatory requirements. You are requested to take the above information on record. Thanking You, Yours faithfully, For Mehai Technology Limited JUGAL Digitally signed by JUGALKISHORE BHAGAT KISHORE Date:2026.10.13 BHAGAT 171959 +0530" Jugal Kishore Bhagat Managing Director DIN: 02218545 Enclosure: Annexure A Regd. & Corporate Office: 144, Dakshindari Road, Sreebhumi, North 24 Pgs. Kolkata - 700048 WB IN ‘Web: www.mehaitech.co.in E-mail: cs@mehai.co.in Phone: 91-9836000343 W ehal Mehai Technology Limited CIN: L62099WR2013PLC293942 Annexure A Details as required under Regulation 30 read with Schedule III of the SEBI LODR Regulations and SEBI Circular No. SEBI/H0/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026 Sr. | Particulars Details a) Name of the target entity, Name of the Target Company: Hi-Tech Services details in brief such as size, Private Limited, private limited company incorporated in turnover etc. India, bearing CIN U72300WB1984PTC037826 and PAN AAACH6490C, having its registered office at Uniworld City, Action Area III, New Town, North 24 Parganas, West Bengal — 700160. The Company has an issued, subscribed and paid-up equity share capital of 32,80,300/-, divided into 28,030 equity shares of 10/- each. Turnover for the preceding financial year: NIL. b) Whether the acquisition would fall within | The acquisition does not fall within related party related-party transactions and whether | transaction(s). the promoter/promoter group/group | Promoter / promoter group/ group companies have no companies have any interest in the entity | interest in the Target Company. being acquired o Industry to which the entity being | Information Technology (IT) / IT-Enabled Services acquired belongs (ITeS) — Data Processing Services. d) Objects and effects of acquisition, | The acquisition is proposed as part of the Company's including but not limited to disclosure of | business expansion and strategic objectives. Through the reasons for acquisition of the target | acquisition, the Company intends to obtain a controlling entity, if its business is outside the main | interest in Hi-Tech Services Private Limited and exercise line of business of the listed entity management and control over its business, subject to completion of the transaction. The specific commercial rationale and expected benefits of the acquisition are to expand its business operations and explore opportunities in the field of data processing and IT-enabled services, subject to the actual business objectives of the acquisition. € Brief details of any governmental or | Not Applicable regulatory approvals required for the acquisition f) Indicative time period for completion of | The acquisition is expected to be completed upon the acquisition fulfilment of the applicable conditions precedent and completion of the share transfer formalities in accordance with the Share Purchase Agreement dated 12 October 2026. 2 Nature of consideration — whether cash | The acquisition is proposed to be undertaken for cash consideration or share swap and details of | consideration, in accordance with the terms of the Share Regd. & Corporate Office: 144, Dakshindari Road, Sreebhumi, North 24 Pgs. Kolkata - 700048 WB IN ‘Web: www.mehaitech.co.in E-mail: cs@mehai.co.in Phone: 91-9836000343 MN'chal Mehai Technology Limited CIN: L62099WR2013PLC293942 the same Purchase Agreement dated 12 October 2026. h) Cost of acquisition or the price at which | The total consideration for the proposed acquisition of the shares are acquired 100% of the issued and paid-up equity share capital of Hi-Tech Services Private Limited is ¥4,50,00,000/- (Rupees Four Crore Fifty Lakh only). i) Percentage of shareholding/control The Company proposes to acquire 100% of the issued acquired and/or number of shares and paid-up equity share capital of Hi-Tech Services acquired Private Limited, comprising 32,80,300/-, divided into 28,030 equity shares of I10/- each. Jj Brief background about the entity being | Hi-Tech Services Private Limited is a private limited acquired, including its products/line of company incorporated in India, bearing CIN business, date of incorporation, history of U72300WB1984PTC037826, with its registered office turnover for the preceding three financial at Uniworld City, Action Area III, New Town, North 24 years, country in which the acquired Parganas, West Bengal — 700160. entity has presence and any other significant information Hi-Tech Services Private Limited is engaged in the business of data processing using computers and other data-processing equipment, providing related data- processing and consultancy services, and dealing in computer systems, software, electronic equipment, components and peripherals, including their installation, maintenance and servicing. The turnover of the Target Company for FY 2023-24, FY 2024-25 and FY 2025-26 was NIL. Country of presence: India. The proposed acquisition is being undertaken pursuant to an agreement entered into between the relevant parties, subject to its terms and conditions. Digitally signed by JUGAL KISHORE JuGAL KISHORE BHAGAT BHAGAT Date: 20261013 17:2041 40530 Regd. & Corporate Office: 144, Dakshindari Road, Sreebhumi, North 24 Pgs. Kolkata - 700048 WB IN ‘Web: www.mehaitech.co.in E-mail: cs@mehai.co.in Phone: 91-9836000343