Please find attach letter regarding the same

Date: 29-10-2026 The BSE Limited T h e L i s t i n g D e partment Phiroze Jeejeebhoy Towers T h e N a t i o nal Stock Exchange of India Ltd. Dalal Street, Exchange Plaza, C-1, Block-G, Bandra-Kurla MUMBAI- 400 001 Complex, Bandra (East), Mumbai- 400051 Scrip Code: 539837 Company Code: RPEL Sub: Acquisition of Joint Venture Entity Ref.: Intimation under Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/ Ma’am, In accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we wish to inform you that, pursuant to the Joint Venture Agreement (“JVA”) between Raghav Productivity Enhancers Limited (“RPEL”) and TRL Krosaki Refractories Limited (“TRLK”), as disclosed in the outcome of the Board Meeting held on 4th September, 2026, a new company was incorporated under the name “RPEL TRLK SILICATECH PRIVATE LIMITED” under the Companies Act, 2013, in the State of Odisha, as intimated vide our letter dated 26th September, 2026. In this regard, RPEL has acquired Rs. 80,000/- (Rupees Eighty Thousand only) towards 8,000 equity shares of face value Rs. 10/- each of RPEL TRLK Silicatech Private Limited on 28th October, 2026. The said shares will be credited to the respective demat accounts in due course. The necessary details pursuant to 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 is annexed as Annexure. Thanking You Yours Faithfully For Raghav Productivity Enhancers Limited Neha Rathi (Company Secretary) M.No.: A38807 Annexure A S. No Particulars Details 1. Name of the target entity, details Name of the Entity: RPEL TRLK Silicatech in brief such as size, turnover Private Limited. etc. The entity is set up pursuant to the JVA between RPEL and TRLK. Turnover: Nil 2. Whether the acquisition would RPEL holds a substantial interest in the Joint fall within related party Venture Company. transaction(s) and whether the promoter/ promoter group/ Further, RPEL and the Joint Venture Company group companies have any have common directors. interest in the entity being acquired? If yes, nature of As such, the incorporated company shall be interest and details thereof and related party of the Company. whether the same is done at “arm’s length” Same and except as mentioned above, the Promoter/promoter group companies are not interested in the transaction. 3. Industry to which the entity Silica Ramming Mass and other refractories. being incorporated belongs 4. Objects and impact of The incorporated entity company shall be acquisition/Incorporation engaged in the development, manufacturing, (including but not limited to, sales and distribution of silica ramming disclosure of reasons for mass. acquisition of target entity, if its business is outside the main line of business of the listed entity) 5. Brief details of any governmental - or regulatory approvals required for the acquisition/incorporation; 6. Indicative time period for Subscription Money of Rs 80,000 (8,000 completion of the equity shares @ face value of Rs. 10/- each) acquisition/incorporation; to Bank account of RPEL TRLK Silicatech Private Limited on 28th October, 2026 and shares will be credited to respective Demat Account in due course. 7. Nature of consideration– Cash. whether cash consideration or share swap or any other form and details of the same; 8. Cost of acquisition or the price at 8000 Shares are acquired at face value of which the shares are Rs. 10/- per share amounting to Rs. acquired/subscribed. 80,000/- 9. Percentage of shareholding / control acquired and / or number RPEL’s Shareholding: 80% of shares acquired; 10. Brief background about the Date of incorporation: 25/09/2026 entity acquired in terms of products/line of business Product/line of business: Silica Ramming acquired, date of incorporation, Mass and other refractories history of last 3 years turnover, country in which the acquired Last 3 years turnover: Not Applicable entity has presence and any other significant information (in Presence of entity: Odisha, India. brief)