Enclosed

Date: 30.10.2026 Corporate Relationship Department, BSE Limited, Phiroze JeeJeebhoy Towers, Dalal Street, Mumbai — 400001 BSE SCRIP Code — 500166 Dear Sir/Madam, Sub: Execution of Non-Binding Memorandum of Understanding (MoU) for Sale of Barnesbeg Tea Estate – Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 This is to inform you that the Company has, on this 30th day of October, 2026, executed a Non-binding Memorandum of Understanding (MoU) with SPEC FINANCE IFSC PRIVATE LIMITED, a company incorporated under the provisions of the Companies Act, 2013, bearing CIN :U66190GJ2023PTC145068 and ASHVIK STRATEGIC VENTURES LLP, a limited liability partnership incorporated under the provisions of the Limited Liability Partnership Act, 2008, bearing LLPIN :ACZ-0629 (collectively referred to as the "Buyer"). The purpose of the said MoU is to permit the commencement of due diligence in relation to the proposed sale of Barnesbeg Tea Estate, on an “as is, where is” basis. It is clarified that the MoU is non-binding in nature and the execution of a definitive agreement for the said transaction shall be subject to the completion of satisfactory due diligence. The Board of Directors of the Company has approved the execution of the aforesaid MoU by way of a resolution passed by circulation on 15th October, 2026. In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD- PoD1/P/CIR/2023/123 dated 13th July, 2023, the requisite details in the prescribed format are enclosed herewith as Annexure I. You are requested to kindly take above information on record. Thanking You, Yours faithfully, FOR GOODRICKE GROUP LIMITED ARNAB CHAKRABORTY COMPANY SECRETARY Encl.: As above Annexure -1 Sl. Particulars Description a. Nature of Transaction and its Execution of MoU for disposal of materiality threshold Barnesbeg Tea Estate. Amount and percentage (%) of Turnover/revenue/income contributed by Barnesbeg tea estate during the previous financial year 2025-26 is Rs. 2.62 Crores, contributing 0.25% of total turnover of the Company during the last financial year, fetching an average annual own crop of 40,000 Kgs of tea. Net Worth contribution is approximately 0.53% of total Net Worth of the Company as on 31st March, 2026. The value of the proposed transaction exceeds 5% of the of the average of the absolute value of profit or loss after tax, based on the last three audited financial statements. Accordingly, having regard to the thresholds prescribed under the Company's Policy for Determination of Materiality of Events and Information for Disclosure, and considering that the proposed transaction does not fall within the ordinary course of the Company's business, the management is of the view that the transaction constitutes a material event warranting disclosure to shareholders and other stakeholders in the interest of transparency and good governance. b. Date on which the MoU has been Non-Binding MoU entered on 30th entered into; October, 2026. c. The expected date of completion of On or before 31st January, 2027 sale/disposal/ execution of definitive Agreement for sale. d. Consideration received from such Rs. 5,00,00,000/- (Rupees Five Crore sale/disposal; Only) exclusive of applicable taxes subject to adjustments for value of current assets and current liabilities as on date of execution of definitive agreement for sale upon completion of due diligence. e. Brief details of buyers and whether any The buyers are two independently of the buyers belong to the promoter/ incorporated entities, as set out in the promoter group/group companies. If first paragraph of this letter. Upon yes, details thereof; completion of successful due diligence, the definitive Agreement for sale may be executed with a Joint Venture entity to be promoted and incorporated by the Buyer specifically for this transaction. The Buyer doesn’t belong to promoter /promoter group or group companies. f. Whether the transaction would fall The proposed transaction does not within related party transactions? If constitute a Related Party Transaction. yes, whether the same is done at “arm’s length”; g. Whether the sale, lease or disposal of Yes, the proposed disposal of the tea the undertaking is outside Scheme of estate falls outside the scope of the Arrangement? If yes, details of the same Scheme of Arrangement. including compliance with regulation 37A of LODR Regulations; . h. Additionally, in case of a slump sale, Not Applicable indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale.