Srujan Alpha Capital Advisors LLP ("Manager to the Offer") has submitted to BSE a copy of Revised Public Announcement for the attention of the Public Shareholders of Frontier Capital Ltd ("Target Company") under Regulation 3(1) and Regulation 4 read with Regulation 13, 14 and 15(1) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and subsequent amended thereof.

x SRUJAN ALPHA CAPITAL ADVISORS Adding Alpha to Value Date: October 13, 2026 The Manager BSE Limited P. J. Towers, Dalal Street, Mumbai - 400001 Dear Sir/ Ma’am, Sub: Open offer to acquire up to 43,58,163 representing 26% of the total voting share capital of Frontier Capital Limited (the “Target Company”) by Mr. Prafful Agarwal and Mrs. Anupam Gupta (“Acquirers”) at a price of ¥10.20/- per fully paid up shares In furtherance of Public Announcement filed w.r.t announcement of an Open Offer for acquisition up to 43,58,163 (Forty Three Lakh Fifty Eight Thousand One Hundred And Sixty Three) fully paid-up equity shares of face value of ¥10/- (Rupees Ten Only) each (“Equity Shares”), representing 26.00% of the total equity and voting share capital of Frontier Capital Limited (“Target company”) on a fully diluted basis (“Equity and voting share capital”), from the Public Shareholders of the Target company for cash at a price of ¥10.20/- (Rupees Ten and Twenty paise only) per Equity Share (“Offer Price”) by Mr. Prafful Agarwal and Mrs. Anupam Gupta (“Acquirers”), please note there was a typographical error in Definition Section para 1.2 which was mentioned as 1.2. “Equity Shares” means 1,67,62,163 (One Crore Sixty Seven Lakh Sixty Two Thousand One Hundred and Sixty Three Lakh) fully paid-up Equity Shares of face value of ¥10/- (Rupees Ten only) each of the Target Company. Instead of 1.2 “Equity Shares” means 1,67,62,163 (One Crore Sixty Seven Lakh Sixty Two Thousand One Hundred and Sixty Three Only) fully paid-up Equity Shares of face value of 210/~ (Rupees Ten only) each of the Target Company. We are enclosing herewith a revised copy of the Public Announcement dated October 13, 2026 in relation to the Open Offer submitted to Securities and Exchange Board of India and the Target Company. We request you to kindly upload the revised Public Announcement on your website. Thanking you, For Srujan Alpha Capital Advisors LLP Jinesh Doshi Designated Partner Encl: As above SRUJAN ALPHA CAPITAL ADVISORS LLP | Corp. Off. : 1814/1815, 9, Business Bay, Mindspace, Chincholi Bunder Road, Malad (West), Mumbai 400064, Maharashtra. www.srujanalpha.com SEBI Reg. Cat. | Merchant Banker 405, Crystal Mall, Sawai Jai Singh Highway, Bani Park, Jaipur - 302 016 LLP Identification No.: AAW-1680 Merchant Banking | Valuation | Corporate Advisory | Regd. Off. : 1124, 1st Floor, Arun Bazar, S. V. Road, Malad (W), Mumbai - 400 064 SEBI Registration No.: INM000012829 PUBLIC ANNOUNCEMENT FOR THE ATTENTION OF THE PUBLIC SHAREHOLDERS OF FRONTIER CAPITAL LIMITED UNDER REGULATION 3(1) AND REGULATION 4 READ WITH REGULATION 13, 14 AND 15(1) OF SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011, AND SUBSEQUENT AMENDED THEREOF. FOR ATTENTION OF PUBLIC SHAREHOLDERS FRONTIER CAPITAL LIMITED CIN: L65990MH1984PLC033128 Regd. Office: 1206, Plot-453, Lodha Supremus, Senapati Bapat Marg, Lower Parel, Delisle Road, Mumbai, Maharashtra, India, 400013 Tel. No: 9930972552, E-mail Id: frontierleasing1984@gmail.com; Website: www.frontiercapital.in OPEN OFFER (THE “OFFER”) FOR ACQUISITION OF UP TO 43,58,163 (FORTY THREE LAKH FIFTY EIGHT THOUSAND ONE HUNDRED AND SIXTY THREE) FULLY PAID-UP EQUITY SHARES OF FACE VALUE OF %10/- EACH (THE “EQUITY SHARES”) OF FRONTIER CAPITAL LIMITED (THE “TARGET COMPANY”) REPRESENTING 26.00% OF THE TOTAL VOTING SHARE CAPITAL (AS DEFINED BELOW) BY MR. PRAFFUL AGARWAL (ACQUIRER I) AND MRS. ANUPAM GUPTA (ACQUIRER II) (“ACQUIRER I AND ACQUIRER Il HEREIN AFTER COLLECTIVELY REFERRED TO AS THE ACQUIRERS”), PURSUANT TO AND IN COMPLIANCE WITH REGULATION 3(1) AND REGULATION 4 OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011, AND SUBSEQUENT AMENDMENTS THEREOF (THE “SEBI (SAST) REGULATIONS” AND REFERENCE TO A PARTICULAR “REGULATION” SHALL MEAN THE PARTICULAR REGULATION OF THE SEBI (SAST) REGULATIONS) (THE “OFFER” OR “OPEN OFFER”). This Public Announcement (“PA” or “Public Announcement”) is being issued by Srujan Alpha Capital Advisors LLP (“Manager to the Offer”) for and on behalf of the Acquirers to the Public Shareholders (as defined below) of the Target Company pursuant to and in compliance with Regulation 3(1) and Regulation 4 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and subsequent amendments thereto (“SEBI (SAST) Regulations™). 1. DEFINITIONS 1.1. “Acquirers” means Mr. Prafful Agarwal and Mrs. Anupam Gupta. 12. “Equity Shares” means 1,67,62,163 (One Crore Sixty Seven Lakh Sixty Two Thousand One Hundred and Sixty Three Only) fully paid-up Equity Shares of face value of 10/~ (Rupees Ten only) each of the Target Company. 1.3. “Open Offer Shares” means 43,58,163 (Forty Three Lakh Fifty Eight Thousand One Hundred and Sixty Three) Equity Shares of face value of %10/~ (Rupees Ten only) each constituting 26.00% of the Total Voting Capital of the Target Company. “Public Shareholders” shall mean all the equity shareholders of the Target Company who are eligible to tender their Equity Shares in the Offer, other than the Acquirers and the parties to the Share Purchase Agreement (defined below), in compliance with the provisions of Regulation 7(6) of the SEBI (SAST) Regulations. LS. “SEBI” means the Securities and Exchange Board of India. 1.6. “SEBI (SAST) Regulations” means Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended. L. “Sellers” “Selling Shareholders” shall mean the Promoter Sellers or Selling Shareholders viz, Mr. Anirudh Bhuwalka and M/s. Inimitable Capital Finance Private Limited, Promoters of the Target Company, who have entered into the SPA (as defined below) to sell their entire shareholding constituting 56.07% of the Total Voting Share Capital of the Target Company. “Share Purchase Agreement” or “SPA” means the Share Purchase Agreement dated October 13, 2026 executed between the Acquirers and the Sellers, pursuant to which the Acquirers has agreed to acquire 93,98,455 (Ninety Three Lakh Ninety Eight Thousand Four Hundred and Fifty Five Only) Equity Shares of face value 10/~ (Rupees Ten Only) of the Target Company consisting 56.07% of the Total Voting Share Capital of the Target Company at a price of Z10/- (Rupees Ten Only) per Equity Share. “Stock Exchange” means the BSE Limited (“BSE”) . “Target Company” or “FCL” means Frontier Capital Limited. . “Tendering Period” means the period of 10 (ten) Working Days during which the Public Shareholders may tender their Equity Shares in acceptance of the Offer, which shall be disclosed in the Letter of Offer. . “Total Voting Share Capital” means the total voting equity share capital of the Target Company on a fully diluted basis as of the tenth (10*) working day from the closure of the Tendering Period (“TP”) of the Offer. 1.13. “Working Day” shall mean any working day of the Securities and Exchange Board of India (“SEBI”). 2. OFFER DETAILS: Offer Size: The Acquirers hereby make this Open Offer to the Public Shareholders of the Target Company to acquire up to 43,58,163 (Forty Three Lakh Fifty Eight Thousand One Hundred and Sixty Three) Equity Shares of face value of 10/- (Rupees Ten only) (“Equity Shares™) representing 26.00% (Twenty six per cent) of the Total Voting Share Capital, subject to the terms and conditions mentioned in this Public Announcement, the Detailed Public Statement (“DPS”) and the Letter of Offer (“LOF”) to be issued in accordance with the SEBI (SAST) Regulations, subject to statutory approvals, if any and satisfaction of certain other conditions precedent specified in the Share Purchase Agreement (unless waived in accordance with the Share Purchase Agreement). Offer Price / The Open Offer is being made at a price of Z10.20/- (Rupees Ten and Twenty Paise Only) per Equity Share. The Equity Shares of the Consideration | Target Company are frequently traded within th [Showing first 8,000 characters — download PDF for full document]