Intimation for Incorporation of Joint Venture Company.

June 23, 2026 BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400 001. Scrip Code: 513307 Sub.: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for Incorporation of Joint Venture Company. Dear Sir/Ma’am, Pursuant to Regulations 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (“SEBI Listing Regulations”), we would like to inform you that the Company has incorporated a Subsidiary Company namely “Belding HD India Private Limited” in joint venture with HD Fabcon Private Limited. The details as required under Regulation 30 of the SEBI Listing Regulations read with Schedule III thereof and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed as Annexure – A. Kindly take the same on records. Yours faithfully, For Belding India Limited Muskan Gurumukhdas Pinjani Company Secretary and Compliance Officer (Formerly known as Synthiko Foils Limited) Regd. Off.: 9th Floor, VB Capitol Building, Range Hill Road, Opp. Hotel Symphony, Bhoslenagar, Shivajinagar, Pune-411007, Maharashtra, India I CIN: L63119PN1984PLC248366 Contact No.: +91 9156426003 I Email Id: compliance@belding.in I Website: www.belding.ltd Annexure-A Sr. No. Particulars Details Name: Belding HD India Private Limited Name of the entity, date & country of 1 Date of Incorporation: June 22, 2026 incorporation, etc.; Country of incorporation: India Name of holding company of the Name of holding Company: Belding India Limited 2 incorporated company and relation with the listed entity; Relation with the listed entity: NA Industry to which the entity being Battery Energy Storage System and Renewable incorporated belongs; Energy The entity is being incorporated as a joint venture between Belding India Limited and HD Fabcon Private Limited with a shareholding structure of 55% and 45%, respectively. The joint venture will leverage the business development and market access capabilities of HD Fabcon Private Limited together with the Brief background about the entity execution, operational, project management, 4 incorporated in terms of products/ line of and manufacturing capabilities of Belding India b usiness; Limited and its group entities. The entity shall primarily focus on identifying, securing, executing, and managing projects across the sectors, with an emphasis on developing scalable business opportunities, large projects and long-term strategic customer relationships. Brief details of any governmental or 5 regulatory approvals required for the Not Applicable incorporation; Nature of consideration - whether cash The initial subscription to the equity shares of 6 consideration or share swap and details Belding HD India Private Limited will be made in of the same; cash. Cost of subscription/ price at which the Rs. 55,000 shares are subscribed; (5,500 Equity Shares of Rs. 10 each) Percentage of shareholding/ control by 55% of the shareholding 8 the listed entity and/ or number of shares (i.e. 5,500 Equity Shares of Rs. 10 each) allotted. (Formerly known as Synthiko Foils Limited) Regd. Off.: 9th Floor, VB Capitol Building, Range Hill Road, Opp. Hotel Symphony, Bhoslenagar, Shivajinagar, Pune-411007, Maharashtra, India I CIN: L63119PN1984PLC248366 Contact No.: +91 9156426003 I Email Id: compliance@belding.in I Website: www.belding.ltd