Intimation of Incorporation of a Wholly-owned Subsidiary Company in Chile.

October 21, 2026 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai- 400 001 Bandra (E), Mumbai - 400 051 Scrip Code: 532967 Scrip ID - KIRIINDUS Dear Sir/Madam, Sub: Intimation of Incorporation of a Wholly Owned Subsidiary Company Ref: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to inform you that the “ANDEMINA SpA” has been incorporated as Wholly owned subsidiary in Chile. The details under Regulation 30 of the SEBI Listing Regulations read with Schedule III along with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are given as under: Sr. Particulars Details a. Name of the target entity, details in Name: ANDEMINA SpA brief such as size, turnover etc. Capital: The company's capital is Thirty Million Chilean Pesos (CLP 30,000,000), divided into 30,000 registered ordinary shares, all belonging to a single class. The initial subscribed and paid-up capital is one hundred thousand Chilean pesos (CLP 100,000), corresponding to 100 shares, fully paid up at the time of incorporation. Turnover: It is a newly incorporated Entity and accordingly, has not generated any operational revenue. CIN No.: L24231GJ1998PLC034094 b. Whether the acquisition would fall ANDEMINA SpA, is a wholly owned subsidiary within related party transaction(s) (WOS) and accordingly the same will be a related and whether the promoter/ promoter party of the Company. group/ group companies have any interest in the entity being acquired? The promoter /promoter group are not interested If yes, nature of interest and details in the transaction. thereof and whether the same is done at “arms length”? c. Industry to which the entity being ANDEMINA SpA, will be engaged in the acquired belongs business of exploration, development, extraction, processing, refining, and trading of minerals, ores, metals, and all kind of mining products. Its business includes acquiring, holding, managing, and disposing of mining assets, concessions, royalties, and interests in mining projects and companies in Chile and abroad. The company will also undertake investments, project financing, supply and offtake agreements, and related logistics, infrastructure, and commercial services, along with other activities incidental or ancillary to its principal business. d. Objects and effects of acquisition The Company has been incorporated to explore (including but not limited to, future business opportunities in all kind of disclosure of reasons for acquisition mining in Chile and other jurisdictions. of target entity, if its business is outside the main line of business of the listed entity) e. Brief details of any governmental or Not Applicable. regulatory approvals required for the acquisition f. Indicative time period for completion Not Applicable. of the acquisition g. Nature of consideration - whether Cash consideration cash consideration or share swap and details of the same CIN No.: L24231GJ1998PLC034094 h. Cost of acquisition or the price at The Company will subscribe initial capital of which the shares are acquired CLP 100,000 (one hundred thousand Chilean pesos, corresponding to 100 shares, fully paid i Percentage of shareholding / control 100% acquired and / or number of shares acquired j. Brief background about the entity Same as mentioned in above points. acquired in terms of products/line of business acquired, date of Other details are not applicable since the incorporation, history of last 3 years company is newly incorporated and yet to turnover, country in which the commence business. acquired entity has presence and any other significant information (in brief) The aforesaid information is also available on the website of the Company at www.kiriindustries.com. You are kindly requested to take a note of the same. Thanking You, Yours faithfully, For Kiri Industries Limited Suresh Gondalia Company Secretary M. No. : F7306 CIN No.: L24231GJ1998PLC034094