Allotment of 10,00,000 Fully Convertible Warrants into Equity Shares at an issue price of Rs. 151/- per warrant, convertible into an equivalent number of Equity shares of the Company having Face Value of Rs. 10/- each, at a premium of Rs. 141/- each.

Date: October 22, 2026 Listing/Compliance Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street Mumbai- 400001 Scrip Code: 540078 Dear Sir/Madam, Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Allotment of Fully Convertible Warrants Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) and all other applicable provisions, we wish to inform you that the Board of Directors of Mitsu Chem Plast Limited, vide circular resolution passed on Thursday, October 22, 2026 has considered and approved the following: 1. In accordance with the shareholder’s approval dated September 09, 2026 and the in-principle approval granted by BSE Limited (BSE) on October 09, 2026, the Board has approved allotment of 10,00,000 (Ten Lakh) Fully Convertible Warrants (“Warrants/ Convertible Warrants”) into Equity Shares for cash at an issue price of Rs. 151/- (Rupees One Hundred and Fifty-One Only) per warrant convertible into equivalent number of Equity Shares of the Company having Face Value of Rs. 10/- (Rupees Ten Only) each, at a premium of Rs. 141/- (Rupees One Hundred and Forty-One Only) each to the following allottees, upon receipt of subscription amount equivalent to 25% of the issue price, in accordance with the provisions of Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”): Sr. Name of Allottees Category No. of Share Consideration No. Warrants Received allotted (25% of the Total Consideration) (Amount in Rs.) 1. Manish Mavji Dedhia Promoter 4,75,000 1,79,31,250 2. Sanjay Mavji Dedhia Promoter 3,25,000 1,22,68,750 3. Rikhav Securities Non-Promoter 2,00,000 75,50,000 Limited The convertible warrants entitle the allottees to apply for and be allotted equal number of equity shares for each warrant held by them on payment of balance 75% of the issue price within 18 months from the date of issue of these warrants. Further, these warrants allotted on preferential basis shall be locked-in for specified period in accordance with the provisions of Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. Further, the aforesaid warrant(s) are being allotted in electronic form and are subject to lock- in, as per the applicable provisions of SEBI ICDR Regulations. Since the Company has allotted warrants which are yet to be converted into equity shares, there is no change in the paid-up equity share capital of the Company. Details relating to Preferential Issue of Warrants as required under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 read with SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 is attached as an “Annexure A” This disclosure is available on the website of the Company at https://www.mitsuchem.com/investors/ *Note: Majority approval by way of circular resolution was received at 11:30 A.M. on Thursday, October 22, 2026. You are requested to kindly take the above information on record. Yours truly, FOR MITSU CHEM PLAST LIMITED Manish Mavji Dedhia Managing Director and CFO DIN: 01552841 Place: Mumbai “Annexure A” Preferential Issue of Fully Convertible Warrants of the Company for consideration in cash Particulars Details Type of securities proposed Fully Convertible Warrants, each convertible into to be issued equivalent number of fully paid up equity share of the Company at a face value Rs. 10-/- each. Type of issuance Preferential Issue in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations), as amended read with the Companies Act, 2013 and rules made thereunder. Total number of securities Allotment of 10,00,000 (Ten Lakh) Fully Convertible proposed to be issued or Warrants (“Warrants/ Convertible Warrants”) into Equity the total amount for which Shares for cash at an issue price of Rs. 151/- (Rupees One the securities will be issued Hundred and Fifty-One Only) per warrant convertible into (approximately) equivalent number of Equity Shares of the Company having Face Value of Rs. 10/- (Rupees Ten Only) at premium of Rs. 141/- (Rupees One Hundred and Forty-One Only) each aggregating to Rs.15,10,00,000/- (Rupees Fifteen Crore Ten Lakh Only) The preferential issue is being undertaken for cash consideration. An amount equivalent to 25 % of the Warrant Issue Price has already been received upfront and the balance 75 % shall be payable by the Warrant holder(s) on the exercise of conversion option attached with Warrant(s). Issue price Rs. 151/- (Rupees One Hundred and Fifty-One Only) Tenure of share warrants Up to 18 months from the date of allotment of share warrants. In case of preferential issue the listed entity shall disclose the following additional details to the stock exchange(s): Name of the Investors 1. Manish Mavji Dedhia 2. Sanjay Mavji Dedhia 3. Rikhav Securities Limited Post allotment of securities Investor Warrants Pre-Issue Post-issue - outcome of the allotted shareholding Shareholding * subscription, issue price / No. of % No. of % allotted price (in case of Shares Shares convertibles), Manish 4,75,000 16,74,720 12.34 21,49,720 14.75 Mavji Dedhia Sanjay 3,25,000 12,71,922 9.37 15,96,922 10.95 Mavji Dedhia Rikhav 2,00,000 0 0 2,00,000 1.37 Securities Limited *The above post-issue shareholding percentage is calculated assuming full conversion of Warrants issued pursuant to the Preferential Issue. Number of investors; 3 In case of convertibles - Same will be intimated to stock exchanges as and when intimation on conversion of warrants will be converted or lapsed. securities or on lapse of the tenure of the instrument; Any cancellation or Not Applicable termination of proposal for issuance of securities including reasons thereof Lock-in requirements The Warrants to be issued and allotted to promoters and subject to lock-in as per the requirement of the provision of SEBI (ICDR) Regulation 2018.