Intimation of receipt of NOC from BSE in relation to proposed scheme of merger of Sankalp Industrial Infratech Private Limited with and into Ekansh Concepts Limited

EKANSH Concepts Limited Date: October 30, 2026 BSE Limited Corporate Relationship Department P J Towers, 1% Floor, Dalal Street, Fort, Mumbai-400 001 Subject: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations _and _Disclosure Requirements) Regulations, 2015 (“Listing Regulations™) of receipt of Observation Letter conveying “No objection” from BSE in relation to Scheme of Merger by Absorption of Sankalp Industrial Infratech Private Limited “SIIPL” or “Transferor Company”) with Ekansh Concepts Limited (“ECL” or “Transferee Company” or” “Company”) and their respective shareholders under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 (“Scheme”) Dear Sir/Madam, This is with reference to our letter dated June 29, 2026, intimating the approval of the Board of Directors of the Company to the Scheme, subject to receipt of applicable regulatory and other approvals. We wish to inform you that the Company has received ‘No objection certificate’ dated October 29, 2026, from Bombay Stock Exchange of India Limited on the Scheme. The Scheme remains subject to the receipt of necessary statutory and regulatory approvals as may be required under the applicable laws, including the approvals of the respective shareholders and creditors of the companies involved in the Scheme, and the jurisdictional National Company Law Tribunal. The copy of the aforesaid observation letter is enclosed herewith and also made accessible on the Company’s website at https:/ekanshconcepts.com/data/news-and-announcements/index.html. We request you to kindly take the above on record. Regards, For Ekansh Concepts Limited, CS Diksha Chandaliya Company Secretary and Compliance officer EKANSH CONCEPTS LIMITED 201, Sumer Plaza, A Wing, Plot No. 419, Marol Maroshi Road, Andheri East, Mumbai 400059 CIN: L74110MH1992PLC070070 Contact: 022-69586481| Email: info@ekanshconcepts.com Website: www.ekanshconcepts.com The Power of Vibrance DCS/AMAL/FM/R37/312/2026-27 October 29, 2026 The Company Secretary, Ekansh Concepts Limited 201, Sumer Plaza, A Wing, Plot No. 419, Marol-Maroshi Road, Andheri (East), Marol Naka, Mumbai, Maharashtra, 400059 Dear Sir/Madam, Sub: Draft Scheme of Arrangement filed by Ekansh Concepts Limited We refer to your application for scheme of amalgamation by Absorption of Sankalp Industries Infratech Private Limited (“SIIPL”/“Transferor Company”) with and into Ekansh Concepts Limited (“ECL”/“Transferee Company”) under Section 230-232 and other applicable provisions of the Companies Act, 2013, filed with the Exchange under Regulation 37 and 94(2) of SEBI (LODR) Regulations, 2015, read with SEBI Master circular no. SEBI/HO/CFD/POD-2/P/CIR/2023/93 dated June 20, 2023. In this regard, SEBI vide its letter dated October 29, 2026, has inter alia given the following comment(s) on the said draft scheme of Arrangement: - 1. “The entity shall ensure that it discloses all details of ongoing adjudication & recovery proceedings, prosecution initiated and all other enforcement action taken, if any, against the Company, its promoters and directors, before Hon’ble NCLT and shareholders, while seeking approval of the scheme.” 2. “The entity shall ensure that additional information, if any, submitted by it after filing the scheme with the stock exchange, from the date of receipt of this letter, is displayed on the websites of the listed company and the stock exchanges.” 3. “The entity shall ensure compliance with the SEBI circulars issued from time to time.” 4. “The entities involved in the Scheme shall duly comply with various provisions of the Circular and ensure that all the liabilities of Transferor Company shall stand transferred to and vested in and be deemed to be transferred to and vested in the Transferee Company.” 5. “The entity is advised that the information pertaining to all the Unlisted Companies involved, if any, in the scheme shall be included in the format specified for abridged prospectus as provided in Part E of Schedule VI of the ICDR Regulations, 2018, in the explanatory statement or notice or proposal accompanying resolution to be passed, which is sent to the shareholders for seeking approval.” Registered Office: BSE Limited, Floor 25, P J Towers, Dalal Street, Mumbai 400001, India. T: +91 22 2272 1234/33 | E: corp.comm@bseindia.com www.bseindia.com | Corporate Identity Number : L67120MH2005PLCIS5188 The Power of Vibrance “The entity shall ensure that the financials in the scheme including financials considered for valuation report are not for period more than 6 months old.” “The entity is advised that the details of the proposed scheme under consideration as provided by the Company to the Stock Exchange shall be prominently disclosed in the notice sent to the Shareholders.” “Both the entities are advised to disclose the following as a part of explanatory statement or notice or proposal accompanying resolution to be passed to be forwarded by the company to the shareholders while seeking approval u/s 230 to 232 of the Companies Act, 2013: - a) Need for the merger, rationale of the scheme, synergies of business of the entities involved in the scheme, impact of the scheme on the shareholders and cost benefit analysis of the scheme. b) Details of Registered Valuer issuing Valuation Report and Merchant Banker issuing Fairness opinion, Summary of methods considered for arriving at the Share-Swap Ratio and Rationale for using above methods. c) Basis for arriving at the share swap ratio. d) Pre and Post scheme shareholding of transferor and transferee companies as on the date of notice of shareholders meeting along with rationale for changes, if any, occurred between filing of Draft Scheme to Notice to shareholders. e) Capital built-up of transferor and transferee companies since incorporation and last 3 years. f) Details of Revenue, PAT and EBIDTA of transferor and transferee companies for last 3 years. g) Value of Assets and liabilities of transferor company that are being transferred to transferee company and post-merger balance sheet of transferee company. h) Details of potential benefits and risks associated with the amalgamation. i) Financial implication of the amalgamation on Promoters, Public Shareholders and the companies involved in the scheme along with future growth prospects of transferee company pursuant to merger. “Disclose all pending actions against the entities involved in the scheme its promoters/directors/KMPs.” 10. “The entity shall ensure that applicable additional information, if any to be submitted to SEBI along with draft scheme of arrangement as advised by email dated October 29, 2026, shall form part of disclosures to the shareholders.” 11. “The entity is advised that the proposed equity shares to be issued in terms of the "Scheme" shall mandatorily be in demat form only.” 12. “The entity is advised that the "Scheme" shall be acted upon subject to the applicant complying with the relevant clauses mentioned in the scheme document.” 13. “The entity is advised that the entities involved in the proposed scheme shall not provide any misstatement or furnish false information with regard to disclosures to be made in the draft scheme of amalgamation as per provisions of Chapter XIl of the Operational Circular reference number SEBI/HO/DDHS/DDHS_Divl/P/CIR/2022/0000000103 dated July 29, 2022 (as amended The Power of Vibrance 14. from time to time), for listing obligations and disclosure requirements for Non-Convertible Securities, Securitized Debt Instruments and/or Commercial Paper.” 15. “No changes to the draft scheme except those mandated by the regulators/ authorities / tribunals shall be made without specific written consent of SEBI.” 16. “The entity is advised that the observations of SEBI/Stock exchanges shall be incorporated in the petition to be filed before NCLT and the company is obliged to bring the observations to the notice of NCLT.” 17. “The entity is advised to comply with a [Showing first 8,000 characters — download PDF for full document]