BSECompany Update21 Oct 2026 · 21 Oct 2026, 12:21 pm

Detailed Public Statement of open offer for acquiring up to 43,58,163 Equity Shares representing 26.00% of the total voting share Capital of the Company by Mr. Prafful Agarwal and Mrs. Anupam Gupta ("Acquirers") at a price of Rs. 10.20/- per fully paid up shares.

Frontier Capital Ltd · 508980

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Frontier Capital Ltd has received a copy of the Detailed Public Statement from Srujan Alpha Capital Advisors LLP regarding an open offer by Mr. Prafful Agarwal and Mrs. Anupam Gupta to acquire up to 43,58,163 equity shares representing 26.00% of the total voting share capital at a price of Rs. 10.20 per share.

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Liquidity Impact5/10
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Frontier Capital Ltd - 508980 - Announcement under Regulation 30 (LODR)-Open Offer - Updates

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Date: 21.10.2026 BSE Ltd. Phiroze Jeejeebhoy Towers, Dalal Street, Kala Ghoda Fort, Mumbai, Maharashtra - 400 001 Scrip Code: 508980 Script Symbol: FRONTCAP Sub: Detailed Public Statement of open offer for acquiring up to 43,58,163 Equity Shares representing 26.00% of the total voting share capital of the Company by Mr. Prafful Agarwal and Mrs. Anupam Gupta (“Acquirers”) at a price of Rs. 10.20/- per fully paid up shares Dear Sir/Madam, We have received a copy of the Detailed Public Statement from M/s. Srujan Alpha Capital Advisors LLP (Lead Manager to the Issue), in connection with the open offer made by Mr. Prafful Agarwal and Mrs. Anupam Gupta (“Acquirer”), under Regulations 3 (1) and 4 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for acquisition of shares of Frontier Capital Limited (Target Company). M/s. Srujan Alpha Capital Advisors LLP, in capacity of Manager to the Open Offer and in compliance with Regulation 13(4) of the SEBI (SAST) Regulation and pursuant to Regulation 14(4) of the SEBI (SAST) Regulation have published the Detailed Public Statement dated October 19, 2026 on October 20, 2026 (“DPS”) in the following newspapers: Sr. Newspaper Language Edition Published on October 20, 2026 - All editions except Chennai, Kochi, Patna, Kolkata edition Financial To be published on October 21, 2026 - Chennai, Kochi 1 English Express edition To be published on October 22, 2026 – Patna edition To be published on October 23, 2026 – Kolkata edition Published on October 20, 2026 - All editions except Chennai, Kochi, Patna, Kolkata edition To be published on October 21, 2026 - Chennai, Kochi 2 Jansatta Hindi edition To be published on October 22, 2026 – Patna edition To be published on October 23, 2026 - Kolkata edition Registered Office: Office No.-1206, Lodha Supremus, Senapati Bapat Marg, Lower Parel, Mumbai – 400013, Maharashtra, India T: +91 - 8884256463 CIN: L65990MH1984PLC033128 Email ID: frontierleasing1984@gmail.com Mumbai Edition - Mumbai 3 Marathi Place of Stock Exchange at which shares of the Company are Lakshwadeep listed and Place of Registered office of the Company We have enclosed a copy of the Detailed Public Statement with this letter. Kindly take the above on record. Thanking You, Yours Faithfully, For Frontier Capital Limited Mayur Nagindas Doshi Director DIN: 08351413 Registered Office: Office No.-1206, Lodha Supremus, Senapati Bapat Marg, Lower Parel, Mumbai – 400013, Maharashtra, India T: +91 - 8884256463 CIN: L65990MH1984PLC033128 Email ID: frontierleasing1984@gmail.com ‘x SRUJAN ALPHA i | CAPITAL ADVISORS Date: October 20, 2026 Frontier Capital Limited Registered Office: 1206, Plot-453, Lodha Supremus, Senapati Bapat Marg, Lower Parel, Delisle Road. Mumbai. Maharashtra, India, 400013 Dear Sir/ Ma’am, Sub: Open offer to acquire up to 43,58,163 Equity Shares representing 26.00% of the total voting share capital of Frontier Capital Limited (the “Target Company”) by Mr. Prafful Agarwal and Mrs. Anupam Gupta (“Acquirers”) at a price of ¥10.20/- per fully paid up shares This is with reference to the captioned Open Offer to public shareholders of the Target Company and our email and letter dated October 13, 2026 submitting the Public Announcement (“PA”). We. in capacity of Manager to the Open Offer and in compliance with Regulation 13(4) of the SEBI (SAST) Regulation and pursuant to Regulation 14(4) of the SEBI (SAST) Regulation have published the Detailed Public Statement dated October 19, 2026 on October 20, 2026 (“DPS”) in the following newspapers: Sr. No. | Newspaper Language Edition 1 Financial Express English Published on October 20, 2026 - All editions except Chennai, Kochi, Patna, Kolkata edition To be published on October 21, 2026 - Chennai, Kochi edition To be published on October 22, 2026 — Patna edition To be published on October 23, 2026 — Kolkata edition 2; Jansatta Hindi Published on October 20, 2026 - All editions except Chennai, Kochi, Patna, Kolkata edition To be published on October 21, 2026 - Chennai, Kochi edition To be published on October 22, 2026 — Patna edition To be published on October 23. 2026 - Kolkata edition 3 Mumbai Lakshwadeep | Marathi Mumbai Edition - Place of Stock Exchange at which shares of Target Company are listed and Place of Registered office of Target Company ‘We request you to kindly upload the Detailed Public Statement on your website. Thanking you, For Srujan Alpha Capital Advisors LLP Jinesh Doshi Designated Partner Encl: As above SRUJAN ALPHH,A CAPPIITT) AL ADVVII SORS LLP Corp. Off. : 1M8a1l4a/1d8 1(5W,e s9t, )B, uMsiunmebsas iB a 4y 0, 0 0M 6in 4d ,s Mp aa hc ae r, a C sh hi tn rc ah .o li Bunder Road, e iaanoloibo.cai SEBI Reg. Cat. | Merchant Banker 405, Crystal Mall, Sawai Jai Singh Highway, Bani Park, Jaipur - 302 016 | LLp Identification No.: AAW-1680 Merchant Banking | Valuation | Corporate Advisory | Regd. OFf. : 1124, 1st Floor, Arun Bazar, S. V. Road, Malad (W), Mumbai - 400 064 SEBI Registration No.: INM000012829 DETAILED PUBLIC STATEMENT IN TERMS OF REGULATION 3(1) AND REGULATION 4 READ WITH 13(4), 14(3), AND 15(2) OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011 AS AMENDED, TO THE PUBLIC SHAREHOLDERS (AS DEFINED BELOW) OF FRONTIER CAPITAL LIMITED CIN: L65990MH1984PLC033128 Registered Office: 1206, Plot-453, Lodha Supremus, Senapati Bapat Marg, Lower Parel, Delisle Road, Mumbai, Maharashtra, India, 400013 Tel No.: 9930972552 | Email id: frontierleasing1984@gmail.com | Website: www.frontiercapital.in OPEN OFFER FOR ACQUISITION OF UP T0 43,58,163 (FORTY THREE LAKH FIFTY EIGHT THOUSAND ONE HUNDRED AND SIXTY THREE ONLY) FULLY PAID-UP EQUITY SHARES OF FACE VALUE OFX 10/- (RUPEES TEN ONLY) EACH (“EQUITY SHARES”), REPRESENTING 26.00% OF THE TOTAL VOTING SHARE CAPITAL OF FRONTIER CAPITAL LIMITED (“TARGET COMPANY”) FROM THE PUBLIC SHAREHOLDERS OF THE TARGET COMPANY BY MR. PRAFFUL AGARWAL (ACQUIRER ) AND MRS. ANUPAM GUPTA (ACQUIRER I1) (‘ACQUIRER I” AND “ACQUIRER II” HEREINATEFR COLLECTIVELY REFERRED TO AS THE “ACQUIRERS"), PURSUANT TO AND IN COMPLIANCE WITH THE REQUIREMENTS OF THE SEBI (SAST) REGULATIONS (“OFFER” OR “OPEN OFFER”). ‘THIS DETAILED PUBLIC STATEMENT (THE 'DPS') IS BEING ISSUED BY SRUJAN ALPHA CAPITAL ADVISORS LLP, THE MANAGETRO THE OPEN OFFER (“MANAGER TO THE OPEN OFFER"), FOR AND ON BEHALF OF THE ACQUIRERS, IN COMPLIANCE WITH REGULATIONS 3(1) AND REGULATION 4 READ WITH REGULATION 13(4), 14(3), AND 15(2) OF THE SEBI (SAST) REGULATIONS, AND SUBSEQUENT AMENDMENTS THERETO (“TAKEOVER REGULATIONS”) PURSUANT TO THE PUBLIC ANNOUNCEMENT DATED OCTOBER 13, 2026 (“PUBLIC ANNOUNCEMENT" OR “PA") IN RELATION TO THE OPEN OFFER, FILED WITH BSE LIMITED (“BSE"), SECURITIES AND EXCHANGE BOARD OF INDIA (*SEBI), AND THE TARGET COMPANY ON OCTOBER 13, 2026 IN TERMS OF REGULATION 3(1) AND REGULATION 4 READ REGULATION 14(1) AND 14(2) OF THE SEBI (SAST) REGULATIONS. Forthe purposes oftis DPS, the followingtewroumlsd have the meaning assignedto them herein below: 1992 a.“Acquirers” mearMs. Praful Aganval and M. Anupam Gupta. i. Upon completion ofthe Undertying transaction, the Selers shaholnd anyo Equtity Shares ofthe Target Company and the Sellers shal relinquitshhe control and management of the Target Company n favo of the Acaquirers. The b.“Equity Shares” means 1,67,62,163 (One Crore Sixty Seven Lakh Sixty Two Thousand One Hundred and Sty Acquirers willacquirecontrol over the Target Compaandnishyal become the PromoterTasrgeot fCotmpharey. Three Only) fuly pai-up Equiy Shares offace vake of < 10/- (Rupees Ten Oriy) eachofth Target Company. INFOARBOUTM THAE TATRGEIT COOMPNANY c.*Managertthoe Open Offer” o “Manager shallmean Srujan Alpha Capita Advisors L the Manager tothe Open The Target Company is a public limited company bearing Corporate Identification umber (CIN) Offer; L65990MH1984PLCO3312. § was origially incorporated as “Frontier Leasing & Finance Limit [Showing first 8,000 characters — download PDF for full document]