The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Yash Gopal Gupta & Others

Date: October 16, 2026 The General Manager, Listing Operations, BSE Limited P.J. Tower, Dalal Street, Mumbai - 400001, India Scrip Code - 543542 Subject: Disclosure pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“SEBI Takeover Regulations”). Dear Sir/Madam, With reference to the captioned subject, we, Gopal Gupta, Sachin Gopal Gupta, Yash Gopal Gupta, Sangeeta Gopalchand Gupta, Pankhuri Yash Gupta, Shweta Sachin Gupta, Kesar Lands Private Limited and Kesar Infracon Private Limited (hereinafter collectively referred to as “Acquirers”) along with Yash Gupta HUF, Gopal Chand Gupta HUF, and Sachin Gupta HUF (“PACs”), Promoter and Promoter Group of Kesar India Limited (the “Target Company”), do hereby inform your good office that we have acquired 20,36,190 Equity Shares; 6,20,953 Equity Shares, and 8,00,000 Equity Shares pursuant to the allotment made by the Target Company on December 10, 2025, May 02, 2026, and July 27, 2026 respectively, pursuant to conversion of warrants into the equity shares, and thereafter 17,31,752 Equity Shares allotted on Wednesday, October 14, 2026, pursuant to share swap transaction, for consideration other than cash. In this regard, please find enclosed the disclosure under Regulation 29 (2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, on behalf of Acquirers along with PACs of the Company. You are requested to take the same on record. Thanking You, Yours Sincerely, For and on behalf of Acquirers along with PACs Yash Gopal Gupta (Authorized Signatory) Place: Nagpur Company Secretary & Compliance Officer, Kesar India Limited 2nd Floor, Saraf Chambers, Mount Road, Sadar, Nagpur, Maharashtra, 440001, India Disclosures under Reg. 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011 Name of the Target Company (TC) Kesar India Limited Names of the Acquirer and Person Acting in 1. Gopal Gupta Concert (PAC) with the Acquirer 2. Sachin Gopal Gupta 3. Yash Gopal Gupta 4. Sangeeta Gopalchand Gupta 5. Pankhuri Yash Gupta 6. Shweta Sachin Gupta 7. Kesar Lands Private Limited 8. Kesar Infracon Private Limited (hereinafter collectively referred to as “Acquirers”) 9. Yash Gupta HUF 10. Gopal Chand Gupta HUF 11. Sachin Gupta HUF (hereinafter collectively referred to as “PACs”) Whether the acquirers belong to Promoter/ Yes Promoter group Name(s) of the Stock Exchange(s) where the BSE Limited (“BSE”) shares of TC are Listed Details of the acquisition as follows Number of % w.r.t. total % w.r.t. total Shares share/voting diluted share/ capital voting capital wherever of the TC* applicable Before the acquisition under consideration, holding of: a) Shares carrying voting rights  Gopal Gupta 1,67,28,600 67.45 51.42  Sachin Gopal Gupta 9,26,324 3.74 2.85  Yash Gopal Gupta 8,75,476 3.53 2.69  Sangeeta Gopalchand Gupta 700 0.00 0.00  Pankhuri Yash Gupta 700 0.00 0.00  Shweta Sachin Gupta 700 0.00 0.00  Kesar Lands Private Limited 0 0.00 0.00  Kesar Infracon Private Limited 0 0.00 0.00  PACs 700 0.00 0.00 b) Shares in the nature of encumbrance 0 0.00 0.00 c) Voting rights (VR) otherwise than by shares 0 0.00 0.00 d) Warrants /convertible securities/any other 0 0.00 0.00 instrument that entitles the acquirer to receive shares carrying voting rights in the TC acquired/sold  Gopal Gupta 18,57,147 0.00 5.71  Sachin Gopal Gupta 57,142 0.00 0.18  Yash Gopal Gupta 5,71,428 0.00 1.76  Sangeeta Gopalchand Gupta 6,85,714 0.00 2.11  Pankhuri Yash Gupta 28,571 0.00 0.09  Shweta Sachin Gupta 28,571 0.00 0.09  Kesar Lands Private Limited 1,14,285 0.00 0.35  Kesar Infracon Private Limited 1,14,285 0.00 0.35  PACs 0 0.00 0.00 Total (a+b+c+d) 2,19,90,343 74.73 67.59 Details of acquisition: a) Shares carrying voting rights acquired/sold  Gopal Gupta 18,57,147 5.42 5.42  Sachin Gopal Gupta 57,142 0.17 0.17  Yash Gopal Gupta 14,37,304 4.19 4.19  Sangeeta Gopalchand Gupta 15,51,590 4.53 4.53  Pankhuri Yash Gupta 28,571 0.08 0.08  Shweta Sachin Gupta 28,571 0.08 0.08  Kesar Lands Private Limited 1,14,285 0.33 0.33  Kesar Infracon Private Limited 1,14,285 0.33 0.33 b) Shares in the nature of encumbrance 0 0.00 0.00 c) Voting rights (VR) otherwise than by shares 0 0.00 0.00 d) Warrants /convertible securities/any other 0 0.00 0.00 instrument that entitles the acquirer to receive shares carrying voting rights in the TC acquired/sold Total (a+b+c+d) 51,88,895 15.14 15.14 After the acquisition/sale, holding of: a) Shares carrying voting rights  Gopal Gupta 1,85,85,647 54.24 54.24  Sachin Gopal Gupta 9,83,366 2.87 2.87  Yash Gopal Gupta 23,12,780 6.75 6.75  Sangeeta Gopalchand Gupta 15,52,290 4.53 4.53  Pankhuri Yash Gupta 29,271 0.09 0.09  Shweta Sachin Gupta 29,271 0.09 0.09  Kesar Lands Private Limited 1,14,285 0.33 0.33  Kesar Infracon Private Limited 1,14,285 0.33 0.33  PACs 900 0.00 0.00 b) Shares in the nature of encumbrance 0 0.00 0.00 c) Voting rights (VR) otherwise than by shares 0 0.00 0.00 d) Warrants /convertible securities/any other 0 0.00 0.00 instrument that entitles the acquirer to receive shares carrying voting rights in the TC acquired/sold Total (a+b+c+d) 2,37,22,095 69.23 69.23 Mode of acquisition / sale Allotment of Equity Shares pursuant to conversion of Warrants, and through Preferential Issue for consideration other than cash by way of Share Swap. Date of receipt of intimation of allotment of December 10, 2025; May 02, 2026; July 27, 2026, and shares October 14, 2026 Equity share capital / total voting capital of the Rs. 24,79,96,560/- comprising of 2,47,99,656 Equity TC before the said acquisition Shares of Rs. 10/- each Equity share capital/ total voting capital of the Rs. 34,26,59,700/- comprising of 3,42,65,970 Equity TC after the said acquisition** Shares of Rs. 10/- each Total diluted share/voting capital of the TC Rs. 34,26,59,700/- comprising of 3,42,65,970 Equity after the said acquisition** Shares of Rs. 10/- each * These percentages have been calculated on the basis of pre-issue diluted share capital of Rs. 32,53,33,570/- divided into 3,25,33,357 Equity Shares of face value of Rs. 10/- each. ** The post-issue share capital of 3,42,65,970 Equity Shares includes (i) 31,98,473 Equity Shares, 5,74,319 Equity Shares, 14,55,235 Equity Shares, 71,428 Equity Shares, 71,428 Equity Shares, 10,77,105 Equity Shares and 12,85,713 Equity Shares allotted by the Target Company on December 10, 2025, February 28, 2026, May 02, 2026, May 21, 2026, June 04, 2026, July 27, 2026 and September 01, 2026, respectively, pursuant to the conversion of Warrants into Equity Shares; (ii) 861 Equity Shares allotted pursuant to the Kesar India Employees Stock Purchase Scheme – 2025; and (iii) 17,31,752 Equity Shares allotted on October 14, 2026, on a preferential basis for consideration other than cash, by way of a share swap. Thanking You, Yours Sincerely, For and on behalf of Acquirers along with PACs Yash Gopal Gupta (Authorized Signatory) Date: October 16, 2026 Place: Nagpur