Acquisition

OSWAL GREENTECH LIMITED 28 October, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, Fort, Block G, Bandra-Kurla Complex, Mumbai – 400 001. Bandra (East), Mumbai – 400 051. Scrip Code: 539290 NSE Symbol: OSWALGREEN Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Incorporation of Foreign Subsidiary in Dubai, UAE Dear Sir/Ma’am, In continuation of our intimation dated June 22, 2026 regarding the outcome of the Board Meeting approving incorporation of a subsidiary in Dubai, United Arab Emirates (UAE), and pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we hereby wish to inform that Department of Economic and Tourism, Dubai UAE (the DET), Government of Dubai, has approved incorporation of subsidiary of the Company in the name of “OSWAL GREENTECH REAL ESTATE DEVELOPMENT L.L.C”. The details as required under Regulation 30 of the Listing Regulations read with SEBI Master 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 above information on record. Thanking you, FOR OSWAL GREENTECH LIMITED HARSHENDRA MANDLOI COMPANY SECRETARY & COMPLIANCE OFFICER Encl: As Above 7th Floor, Antriksh Bhawan, 22 Kasturba Gandhi Marg, New Delhi-110 001 T: +91-11-23715242, 23322980, 23753652, 23715225 E: oswal@oswalgreens.com W: www.oswalgreens.com Regd. Off.: Near Jain Colony, Vijay Inder Nagar, Daba Road, Ludhiana - 141003 | T: +91-161-2544238 | CIN: L24112PB1981PLC031099 OSWAL GREENTECH LIMITED Annexure-A Disclosure under Regulation 30 read with Para A (1) of Part A of Schedule III of the Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Sr. No. Particulars Details 1. Name of the target entity, OSWAL GREENTECH REAL ESTATE details in brief such as size, DEVELOPMENT L.L.C turnover etc. Legal form: Limited Liability Company (LLC), Dubai, Turnover: The Subsidiary is yet to commence operations. 2. Whether the acquisition would Pursuant to incorporation, the entity has become a fall within related party subsidiary and hence a related party of the transaction(s) and whether the Company. promoter/ promoter group/ group companies have any Mr. Shael Oswal, a member of the Promoter Group, interest in the entity being holds 5% of the share capital and is the Manager of acquired. If yes, nature of the subsidiary. interest and whether done at “arm’s length” Save and except for the above-mentioned promoter, there is no other interest in the transaction. 3. Industry to which the entity Real Estate Activities. being acquired belongs 4. Objects and impact of To expand the Company’s business presence acquisition (including reasons internationally and to undertake development of for acquisition, if business is land, residential and commercial projects in the outside the main line of UAE and GCC. business of the listed entity) 5. Brief details of any Not applicable governmental or regulatory approvals required 6. Indicative time period for Not applicable completion of the acquisition 7. Nature of consideration – Cash / Banking Channel whether cash consideration or share swap 7th Floor, Antriksh Bhawan, 22 Kasturba Gandhi Marg, New Delhi-110 001 T: +91-11-23715242, 23322980, 23753652, 23715225 E: oswal@oswalgreens.com W: www.oswalgreens.com Regd. Off.: Near Jain Colony, Vijay Inder Nagar, Daba Road, Ludhiana - 141003 | T: +91-161-2544238 | CIN: L24112PB1981PLC031099 OSWAL GREENTECH LIMITED Sr. No. Particulars Details 8. Cost of acquisition or the price Initial subscription of 38,000 equity shares of AED at which the shares are 1,000 each at par, aggregating to AED 3,80,00,000 acquired (AED 38 million). 9. Percentage of shareholding/ 95% (38,000 shares) held by the Company; balance control acquired and/or 5% (2,000 shares) held by Mr. Shael Oswal. number of shares acquired 10. Brief background about the Line of business: Real Estate Development entity in terms of products/ line of business, date of Turnover (last 3 years): the Subsidiary is yet to incorporation, history of last 3 commence its business operations. years turnover, country of presence and other significant Country of presence: Dubai, United Arab Emirates information Registered address: Office 63, Al Murar, Deira, Dubai, UAE 7th Floor, Antriksh Bhawan, 22 Kasturba Gandhi Marg, New Delhi-110 001 T: +91-11-23715242, 23322980, 23753652, 23715225 E: oswal@oswalgreens.com W: www.oswalgreens.com Regd. Off.: Near Jain Colony, Vijay Inder Nagar, Daba Road, Ludhiana - 141003 | T: +91-161-2544238 | CIN: L24112PB1981PLC031099