Newspaper Advertisement of Recommendation of the Committee of Independent Directors ('IDC Recommendation") of Aar Shyam India Investment Company Limited ('the Company')

AAR SHYAM INDIA INVESTMENT COMPANY LIMITED October 15, 2026 The Manager Listing Department BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001 Name of Scrip: Aar Shyam India Investment Company Limited Scrip Code: 542377 Dear Sir, Subject: Newspaper Advertisement of Recommendation of the Committee of Independent Directors (“IDC Recommendation") of Aar Shyam India Investment Company Limited (“the Company”) Ref: Open Offer for acquisition of upto 58,43,327 (Fifty-Eight Lakh Forty-Three Thousand Three Hundred Twenty-Seven) fully paid-up Equity Shares of face value of Rs. 10/- each (“Equity Shares”) of Aar Shyam India Investment Company Limited (“Target” / “Target Company” / “Aar Shyam”) from the public shareholders representing 26% of the Emerging Paid Up Equity Share Capital of the Target Company by Mr. Radha Krishna Avudari (“Acquirer 1”), Mrs. Sudha Rani Avudari (“Acquirer 2”), and Mr. Nagabhyru Srikanth (“Acquirer 3”) (collectively referred to as the “Acquirers”). Copy Newspaper Advertisement of the Recommendation of the Committee of Independent Directors ("IDC Recommendation") dated October 15, 2026 in compliance with Regulation 26(7) the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto ("SEBI (SAST) Regulations") as published in all editions of "Financial Express" (English), all editions of “Jansatta" (Hindi), all editions and Mumbai edition of "Pratahkal" (Marathi) on October 15, 2026. Thanking you Yours Truly, For AAR SHYAM INDIA INVESTMENT COMPANY LIMITED (PERLA PAVANI) Managing Director DIN: 11013729 Regd. Office: no 920, 9th Floor Kirti Shikar Building Dist. Centre Janakpuri, New Delhi – 110058 Corp. Office: Office No. 403, 4th Floor, City Centre Mall, Plot No. 5, Sector-12, Dwarka, New Delhi – 110078. CIN: L47219DL1983PLC015266, Email Id: info@aarshyam.in Website: www.aarshyam.in Ph. No: 91 11 45626909