Action(s) taken or orders passed

Ref : GAJA/CS/26/2026-27 Date: October 28, 2026 To, To, National Stock Exchange of India Limited BSE Limited (“BSE”) (“NSE”) Listing Department Listing Department Corporate Relationship Department Exchange Plaza, C-1 Block G, Bandra Kurla Phiroze Jeejeebhoy Towers, Complex Bandra [E], Mumbai – 400051 Dalal Street, Fort, Mumbai - 400 001 NSE Scrip Symbol: GAJA BSE Scrip Code: 544885 ISIN: INE18UN01038 ISIN: INE18UN01038 Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Order involving the Company's promoters, directors and subsidiary – Order of the Hon'ble High Court of Punjab and Haryana Ref: CRM-M- 49036 and 52587 of 2023, before the Hon’ble High Court of Judicature at Punjab and Haryana (the Hon’ble “High Court”). Dear Sir/ Madam, Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), and the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dt. January 30, 2026 (“Master Circular”), we wish to inform the Exchanges of the update on a litigation matter previously disclosed under the section "Outstanding Litigation and Material Developments" in the Company's Prospectus dated August 21, 2026. The order pertains to two separate petitions filed before the Hon'ble High Court by (i) Mr. Gopal Jain, Managing Director and CEO (“Petitioner 1”); and (ii) Mr. Imran Jafar, Executive Director and Gaja Trustee Company Private Limited (acting as a trustee of Gaja Capital India Fund-I), a subsidiary of the Company (“Petitioners 2”), respectively ( Petitioner 1 and Petitioner 2, collectively, the “Petitioners”). The requisite details in relation to the aforesaid order, as prescribed under the SEBI Listing Regulations and the aforesaid Master Circular, are set out in Annexure A to this intimation. We request you to kindly take the same on record. The details are also posted on the company’s website at www.gajacapital.com Thanking You, For Gaja Alternative Asset Management Limited Ishu Jain Company Secretary and Compliance Officer Membership No.: F10679 Encl:a/a Annexure A Disclosure under Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015 - Action(s) initiated or orders passed by any regulatory, statutory, enforcement authority or judicial body against the listed entity or its directors, key managerial personnel, senior management, promoter or subsidiary, in relation to the listed entity, Particulars Details Name of the authority; The Hon’ble High Court of Punjab and Haryana Nature and details of the The Company notes the order dated October 27, 2026 passed by the Hon’ble action(s) taken, initiated or High Court of Punjab and Haryana at Chandigarh in relation to petitions order(s) passed; seeking quashing of FIR No. 0150 of 2022 (“FIR”), concerning EuroKids International Limited. The matter, including the proceedings before the High Court, was previously disclosed in the offer documents issued in connection with the Company’s initial public offering, including under the sections “Risk Factors” and “Outstanding Litigation and Material Developments”. The proceedings relate to an investment made by Gaja Capital India Fund- I, an entity advised by the Company, in EuroKids International Limited, one of the Fund’s portfolio companies. Mr. Gopal Jain and Mr. Imran Jafar served as nominee directors of the Fund on the board of EuroKids International Limited. The High Court, vide its order dated October 27, 2026, dismissed the petitions seeking quashing of the FIR. The order relates to the petitions seeking quashing of the FIR and does not constitute an adjudication of the allegations contained in the FIR. The underlying proceedings will continue in accordance with law. The Petitioners are reviewing the detailed order and will take such further legal steps as may be advised in accordance with applicable law, including filing any appeals within the applicable period. Date of receipt of direction or order, including any ad- interim or interim orders, October 27, 2026 or any other communication from the authority; details of the The matter relates to the allegations forming the subject matter of FIR, as violation(s)/contravention(s) referred to above. committed or alleged to be committed; Impact on financial, Based on the Company’s current assessment, the order does not have any operation or other activities material impact on the current operations of the Company, its management of the listed entity, responsibilities or its ability to manage and advise its funds, and the business quantifiable in monetary continues to operate in the ordinary course. terms to the extent possible. The High Court’s order does not, by itself, impose any financial liability on the Company. The Company and the concerned individuals are reviewing the detailed order and will take such further legal steps as may be advised.