Disclosure under Regulation 30 for Intimation of Execution of SPA

Date: 19th October 2026 The Manager, Department of Corporate Services, BSE Limited, Phirozee Jeejeeboy Towers, Dalal Street, Fort, Mumbai – 400 001. Reference: Systematic Industries Limited (“the Company”) Scrip Code: 544541 ISIN: INE1KLZ01011 Dear Sir/Madam, Subject: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015 ‐ Share Purchase Agreement. In furtherance to our intimation made on September 08, 2026 and pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), as amended from time to time, we wish to inform you that the Company has entered into Share Purchase Agreement on 19th October, 2026 with M/s. Veritas Industries Private Limited (“VIPL”) and M/s. Wire Brigade Industries Private Limited (“WBIPL”) for the purpose of acquiring 10,000 Equity Shares of WBIPL (i.e.,100% of Equity Shareholding) (Sale Shares) from VIPL for cash and for consideration other than cash (share swap). Further, pursuant to the above acquisition of shares, WBIPL will become Wholly Owned Subsidiary Company of the Company. The details as required under Regulation 30 of SEBI Listing Regulations read with applicable SEBI Master Circular is enclosed herewith as Annexure – I. The above information will also be made available on the website of the Company at: www.systematicindustries.com. You are requested to take the above information on your record. Thanking you. Yours Sincerely, For Systematic Industries Limited (Formerly known as Systematic Industries Private Limited) Dimple Lalwani Company Secretary and Compliance Officer Membership No.: A67815 Enclosures: As referred above Annexure I Details required under Regulation 30 read with Part A of Schedule III of SEBI Listing Regulations: Particulars Details Name(s) of parties with whom the agreement M/s. Veritas Industries Private Limited (“VIPL”) (Seller) is entered and M/s. Wire Brigade Industries Private Limited (“WBIPL”) (Target Company) Purpose of entering into the agreement Acquisition of 10,000 Equity Shares of M/s. Wire Brigade Industries Private Limited (“WBIPL”) (i.e., 100% of Equity Shareholding) for cash and for consideration other than cash (share swap). Shareholding, if any, in the entity with whom Shareholding in VIPL: Nil the agreement is executed Shareholding in WBIPL: Nil. However, post the completion of execution of Share Purchase Agreement (“SPA”), subject to applicable laws, Company will hold 100% of Equity Shares of WBIPL. Significant terms of the agreement (in brief) As per the SPA, subject to applicable laws, the special rights like right to appoint directors, Company shall acquire 10,000 equity shares of WBIPL first right to share subscription in case of from VIPL at price of Rs. 21,500 per share of WBIPL, issuance of shares, right to restrict any change aggregating to Rs. 21,50,00,000. in capital structure etc. Post the completion of execution of Share Purchase Agreement (“SPA”), and Transfer of shares, WBIPL will became wholly owned Subsidiary of our company. The consideration will be discharged by the Company in cash and other than cash (share swap). Whether, the said parties are related to WBIPL and VIPL are entities belonging to Promoter promoter/ promoter group/ group companies Group of the Company. in any manner. If yes, nature of relationship Whether the transaction would fall within Yes. related party transactions? The transaction will be executed at arm’s length. If yes, whether the same is done at “arm’s length”. In case of issuance of shares to the parties, Company shall, subject to applicable laws, issue and details of issue price, class of shares issued allot 9,42,600 fully paid‐up equity shares of the Company, having a face value of ₹10 each to VIPL at an issue price of ₹228 per share, on a preferential basis for consideration other than cash, towards acquisition of 9,996 Equity Shares of WBIPL. The Balance 04 Equity shares of WBPL will be acquired by the Company for cash. Any other disclosures related to such As per the SPA, acquisition is subject to the receipt of agreements, viz., details of nominee on the requisite approval by the Company for making board of directors of the listed entity, issuance of new equity share via Preferential Issue. potential conflict of interest arising out of such agreements, etc. In case of termination or amendment of Not Applicable. agreement, listed entity shall disclose additional details to the stock exchange(s): a) name of parties to the agreement; b) nature of the agreement; c) date of execution of the agreement; d) details of amendment and impact thereof or reasons of termination and impact thereof.