Wealth Mine Networks Ltd ("Manager to the Open Offer") has submitted to BSE a copy of Draft Letter of Offer in relation to the open offer to the Equity Shareholders of Mapro Industries Ltd ("Target Company") under the Securities and Exchange Board of India (Substantial acquisition of Shares and Takeovers) Regulations 2011, as amended ('Takeover Code').

Dt. October 14, 2026 To, To, The General Manager The Board of Directors, Department Of Corporate Services Mapro Industries Limited BSE Limited 505, Corporate Corner, Sunder Nagar, Malad Phiroze Jeejeebhoy Towers, (W), Mumbai City, Mumbai - 400064, Dalal Street, Mumbai – 400 001 Maharashtra, India. By: Hand delivery & via E-mail Dear Sir(s), Scrip Code: 509762 Sub: Draft Letter of Offer in relation to the open offer to the equity shareholders of Mapro Industries Limited under the Securities and Exchange Board of India (Substantial acquisition of Shares and Takeovers) Regulations 2011, as amended (“Takeover Code”). We, Wealth Mine Networks Limited (SEBI Regn. No. INM000013077), have been appointed as Manager to the Open Offer (“Open Offer”) to the equity shareholders of Mapro Industries Limited (“Target Company”), a company listed on the BSE Limited. The Open Offer is being made pursuant to Regulations 3(1), 3(3) and 4 read with 13(1), 14 and 15(1) of the Takeover Code for the purpose of substantial acquisition of equity shares. The open offer is made to acquire up to 21,81,121 (Twenty One Lakh Eighty One Thousand One Hundred And Twenty One) Equity Shares of face value of ₹10/- (ten) each (“Equity Shares”) representing 26.00% (Twenty Six Percent) fully paid-up emerging capital of the Target Company on a fully diluted basis as of the 10th (tenth) working day from the closure of the tendering period of the Open Offer. In this connection, we enclose the Draft Letter of Offer (“DLOF”). Thanking you, Yours faithfully, For, Wealth Mine Networks Limited Jay Trivedi Managing Director DIN: 09834417 SEBI REG .:INM000013077 REGISTERED OFFICE: BRANCH OFFICE: CIN: U93000GJ1995PLC025328 DRAFT LETTER OF OFFER (“DLOF”) THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION This Draft Letter of Offer is being sent to you as a Public Shareholder (as defined below) of Mapro Industries Limited (“Target Company”). If you require any clarifications about the action to be taken, you may consult your stockbroker or an investment consultant or the Manager to the Open Offer (as defined below) or the Registrar to the Open Offer (as defined below). In the event you have recently sold your Equity Shares (as defined below) in the Target Company, please hand over the Letter of Offer (as defined below and the accompanying Form of Acceptance cum Acknowledgement to the purchaser of the Equity Shares or the Member of the Stock Exchange through whom the said sale was effected. OPEN OFFER BY ARAMBHVEER LIMITED (“Acquirer”) Corporate Identification Number (“CIN”): U66300PN2026PLC252850; Registered Office: SH-1A SR-43 Garawa Bldg OPP, Deviwel Steel Dattangr Road, Ambegaon BK, Haveli, Pune-411046, Maharashtra, India; Tel. No.: +91-9579829345; Email Id: info@arambhveer.com. along with Mr. Pandurang Ashru Kolbhor (PAC 1), residing at, Gat No 6/184, Raiwadi, Loni Kalbhor, Ta. Haveli, Pune – 412201, Maharashtra, India. Tel. No.: +91 8080401731; Email ID: pandurangkalbhor666@gmail.com. Mr. Shrimant Ramesh Aurade (PAC 2), residing at, A/p Kadar, Po: Kadher, Dist: Osmanabad – 413606, Maharashtra, India. Tel. No.: +91 9822591351; Email ID: shreeyashentrp@gmail.com; Ms. Geetanjali Vijay Gavali (PAC 3), residing at, Pruthviraj Complex, Block No 401, Ingale Corner, Shivne, Uttamnagar, Khadakwasla, Pune – 411023, Maharashtra, India. Tel. No.: +91 9172730703; Email ID: geetgavali@gmail.com; (PAC-1, PAC-2 and PAC-3 hereinafter collectively referred to as “Persons Acting in Concert” /“PACs”) to the Public Shareholders of MAPRO INDUSTRIES LIMITED Corporate identification number (CIN): L70101MH1973PLC020670 Registered office: 505, Corporate Corner, Sunder Nagar, Malad (W), Mumbai-400064, Maharashtra, India Tel. No.: +91 9609199385; Website: www.maproindustries.com Email id: info@maproindustries.com; listing@maproindustries.com to acquire up to 21,81,121 (Twenty One Lakh Eighty One Thousand One Hundred And Twenty One) fully paid-up equity shares of face value of ₹10/- each representing 26.00% (Twenty Six Percent) of the Voting Share Capital (as defined below) of the Target Company at a price of ₹ 60.13 /- (Rupees Sixty and Paise Thirteen Only) per Equity Share, payable in cash. PLEASE NOTE: 1. This Open Offer is being made by the Acquirer and PACs pursuant to and in compliance with Regulations 3(1), 3(3), 4 and other applicable regulations of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended. (“SEBI (SAST) Regulations”). 2. This Open Offer is not conditional upon any minimum level of acceptance in terms of Regulation 19 of SEBI (SAST) Regulations. As on the date of this DLOF, there are no statutory or other approval(s) required to complete the Underlying Transaction (as defined below) contemplated under the SPA (as defined below) and the acquisition of Offer Shares (as defined below) that are validly tendered pursuant to this Open Offer except for those as mentioned under sub clause named “Statutory And Other Approvals” of Clause “Terms and Conditions of the Offer” of this DLOF. However, in case any other statutory approvals become applicable and are required by the Acquirer/ PACs at a later date before the closure of the Tendering Period (as defined below), this Open Offer shall be subject to receipt of such further approvals. 3. Where any statutory or other approvals extend to some but not all of the Public Shareholders, the Acquirer and PACs shall have the option to make payment to such Public Shareholders in respect of whom no statutory approvals or other approvals are required in order to complete this Open Offer. 4. Under Regulation 18(4) of the SEBI (SAST) Regulations, the Acquirer and PACs are permitted to revise the Offer Price at any time prior to the commencement of the last 1 (One) Working Day (as defined below) before the commencement of the Tendering Period (as defined below). The last date for such upward revision is Tuesday, November 17, 2026. In the event of such revision, in terms of Regulation 18(5) of the SEBI (SAST) Regulations, the Acquirer and PACs shall (i) make corresponding increase to the escrow account, (ii) make a public announcement in the same newspapers in which the DPS (as defined below) was published, and (iii) simultaneously notify SEBI (as defined below), BSE (as defined below) and the Target Company at its registered office. Such revision would be done in compliance with other requirements prescribed under the SEBI (SAST) Regulations. The same price shall be payable by the Acquirer and PACs for all the Equity Shares tendered anytime during the Open Offer. 5. The Acquirer may withdraw the Open Offer in accordance with the conditions specified in this DLOF. In the event of such a withdrawal of the Open Offer, the Acquirer (through the Manager) shall, within 2 (two) Working Days of such withdrawal, make an announcement of such withdrawal, in the same newspapers in which the DPS (as defined below) was published, stating the grounds for the withdrawal in accordance with Regulation 23(2) of the SEBI (SAST) Regulations. 6. This Open Offer is not a competing offer in terms of Regulation 20 of the SEBI (SAST) Regulations. 7. There has been no Competing Offer as on the date of this DLOF. 8. If there is a competing offer at any time hereafter, the offers under all subsisting bids will open and close on the same date. 9. A copy of Public Announcement (“PA”) and Detailed Public Statement (“DPS”), Draft Letter of Offer (“DLOF”), Corrigendum, if any and Letter of Offer (including Form of Acceptance-cum-Acknowledgement) shall be available on the website of Securities and Exchange Board of India (“SEBI”) i.e. www.sebi.gov.in, on the website of BSE i.e. www.bseindia.com and on the website of Manager to the Offer i.e. www.wealthminenetworks.com. All future correspondence, if any, should be addressed to the Manager to the Offer/ Registrar to the Offer at the address mentioned below: MANAGER TO THE OFFER REG [Showing first 8,000 characters — download PDF for full document]