The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for BSREP IV FPI Two Holdings (DIFC) Ltd & PAC

Date: October 15, 2026 To The National Stock Exchange of India Limited BSE Limited The Listing Department, Department of Corporate Services Exchange Plaza, 5th Floor Phiroze Jeejeebhoy Towers Plot No. C/1, G Block Dalal Street, Mumbai – 400001 Bandra Kurla Complex, Bandra (E) Scrip Code: 500307 Mumbai- 400051 E: corp.relations@bseindia.com Symbol: NIRLON E: takeover@nse.co.in Nirlon Limited Company Secretary & Vice President (Legal) Pahadi Village, Off Western Express Highway, Goregaon(E), Mumbai-400063 E: companysecretary@nirlonltd.com / jasminbhavsar@nirlonltd.com Subject: Disclosure under Regulation 29(2) read with Regulation 29(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, in connection with the inter-se transfer of 23,25,000 equity shares of Nirlon Limited from InRe Fund II (Transferor and Person Acting in Concert) (“PAC”) to BSREP IV FPI Two Holdings (DIFC) Limited (“Acquirer”) Dear Sir/Madam, Please find enclosed the disclosure under Regulation 29(2) read with Regulation 29(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, in connection with the inter-se transfer of shares of Nirlon Limited from the PAC to the Acquirer. Kindly take the same on record. Thanking You, For BSREP IV FPI Two Holdings (DIFC) For Monocap Investment Advisors Private Limited Limited (Acting as Manager of InRe Fund II, Scheme of InRe Investments Trust) Name: Kriti Malay Doshi Name: Nitesh Bhasin Designation: Director Designation: Director DIN: 09748946 Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Name of the Target Company (TC) Nirlon Limited Name(s) of the acquirer and Persons BSREP IV FPI Two Holdings (DIFC) Ltd.(Acquirer) Acting in Concert (PAC) with the acquirer InRe Fund II (PAC) Whether the acquirer belongs to No Promoter / Promoter group Name(s) of the Stock Exchange(s) where BSE Limited and National Stock Exchange of India the shares of TC are Listed Limited Details of the acquisition / disposal as Number % w.r.t.total % w.r.t. total follows share/voting diluted capital share/voting wherever capital of the applicable (*) TC (**) ## ## Before the acquisition under consideration, holding of: a) Shares carrying voting rights BSREP IV FPI Two Holdings (DIFC) Ltd 1,12,45,558 12.48% 12.48% InRe Fund II 23,25,000 2.58% 2.58% b) Shares in the nature of encumbrance Nil Nil Nil (pledge/ lien/ non-disposal undertaking/ others) c) Voting rights (VR) otherwise than by Nil Nil Nil shares d) Warrants/convertible securities/any other Nil Nil Nil instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) e) Total (a+b+c+d) 1,35,70,558 15.06% 15.06% Details of acquisition / sale a) Shares carrying voting rights acquired / sold BSREP IV FPI Two Holdings (DIFC) Ltd 23,25,000 2.58% 2.58% InRe Fund II (23,25,000) (2.58%) (2.58%) b) VRs acquired /sold otherwise than by Nil Nil Nil shares c) Warrants/convertible securities/any other Nil Nil Nil instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired/sold d) Shares encumbered / invoked / released Nil Nil Nil by the acquirer e) Total (a+b+c+/-d) No net change in the aggregate holding, although individual holdings change by ~2.58% each. After the acquisition / sale, holding of: a) Shares carrying voting rights acquired BSREP IV FPI Two Holdings (DIFC) Ltd 1,35,70,558 15.06% 15.06% InRe Fund II Nil Nil Nil b) Shares encumbered with the acquirer Nil Nil Nil c) VRs otherwise than by shares Nil Nil Nil d) Warrants / convertible securities / any Nil Nil Nil other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition e) Total (a+b+c+d) 1,35,70,558 15.06% 15.06% Mode of acquisition / sale (e.g. open market / Inter-se Transfer (Off-market) off-market / public issue / rights issue / preferential allotment / inter-se transfer etc). Date of acquisition / sale of shares / VR or date October 14, 2026 of receipt of intimation of allotment of shares, whichever is applicable Equity share capital / total voting capital of the INR 90,11,80,400 (comprising of 9,01,18,040 TC before the said acquisition / sale equity shares of face value INR 10 each)# Equity share capital/ total voting capital INR 90,11,80,400 (comprising of 9,01,18,040 of the TC after the said acquisition / sale equity shares of face value INR 10 each)# Total diluted share/voting capital of the TC after INR 90,11,80,400 (comprising of 9,01,18,040 the said acquisition equity shares of face value INR 10 each)# (*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement. (**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC. (#) As per the shareholding pattern of the Target Company dated June 30, 2026 as available on the website of BSE Limited and National Stock Exchange of India Limited. (##) The percentage numbers have been rounded off to reflect the percentage up to two decimal points. For BSREP IV FPI Two Holdings (DIFC) For Monocap Investment Advisors Private Limited Limited (Acting as Manager of InRe Fund II, Scheme of InRe Investments Trust) Name: Kriti Malay Doshi Name: Nitesh Bhasin Designation: Director Designation: Director DIN: 09748946