Public Announcement for the attention of the Public Shareholders of Frontier Capital Limited ("Target Company") under Regulation 3(1) and 4 read with Regulation 13, 14 and 15(1) of SEBI (SAST) Regulations, 2011 for acquisition of shares of Frontier Capital Limited.

Date: 13th October, 2026 BSE Limited, P.J. Towers, Dalal Street, Mumbai – 400001, Maharashtra, India Company Scrip Code: 508980 Dear Sir/ Ma’am, We have received a copy of the Public Announcement from Srujan Alpha Capital Advisors LLP (Lead Manager to the Issue), in connection with the open offer made by Mr. Prafful Agarwal and Mrs. Anupam Gupta (“Acquirer”), under Regulations 3 (1) and 4 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for acquisition of shares of Frontier Capital Limited (Target Company). We have enclosed a copy of the Public Announcement with this letter. Kindly take the above on record. Thanking you Yours faithfully, For Frontier Capital Limited Mayur Nagindas Doshi Director DIN: 08351413 Registered Office: Office No.-1206, Lodha Supremus, Senapati Bapat Marg, Lower Parel, Mumbai – 400013, Maharashtra, India T: +91 - 8884256463 CIN: L65990MH1984PLC033128 Email ID: frontierleasing1984@gmail.com ‘x SRUJAN ALPHA ey | CAPITAL ADVISORS Date: October 13, 2026 Frontier Capital Limited Registered Office: Office No. 7, Readymoney Terrece, 167, 2nd Floor, Dr. AB Road, Worli, Mumbai, Maharashtra, 400018 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 ‘We would like to inform you that Mr. Prafful Agarwal and Mrs. Anupam Gupta (“Acquirers”) has announced 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 Z10/- (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 paise only) per Equity Share (“Offer Price”). The Open Offer is being made pursuant to and in compliance with Regulation 3(1) and 4 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011 and subsequent amendments thereto (the “SEBI (SAST) Regulations”) In accordance with the provisions of Regulation 12 (1) of the SEBI (SAST) Regulations, we, Srujan Alpha Capital Advisors LLP, have been appointed as the Manager to the Open Offer (“Manager to the Open Offer”) and as required under Regulation 14(1) of the SEBI (SAST) Regulations We are enclosing herewith a 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 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 | Core. Of.: 614/815, 5, Busines Bay Mindspoce, Chinchol Bundier Rood, alad (West), Mumbai 400064, Maharashtra. e hiheiton 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 [Showing first 8,000 characters — download PDF for full document]