Execution of Share Purchase Agreement For Acquisition.

Maximus International Ltd has executed a Share Purchase Agreement to acquire a 40% equity stake in Quebec Petroleum Resources Limited, a Vadodara-based company with over 20 years of presence in lubricants manufacturing and petroleum products distribution. The acquisition aims to enhance Maximus's market position and product portfolio. The transaction involves Mr. Aniruddh Gandhi, a director and substantial beneficial owner of Maximus, making it a related party transaction, though it is stated to be undertaken on an arm's length basis.