Submission of Letter of Offer under Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018 as amended (Buyback Regulations)

To October 30, 2026 BSE Limited Department of Corporate Relations Pheroze Jeejeebhoy Towers Dalal Street, Mumbai - 400 001. Scrip Code: 505036; Scrip Symbol: ACGL Dear Sir/Madam, Sub: Submission of Letter of Offer under the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended (“Buyback Regulations”) Ref.: Buyback of up to 1,44,639 (One Lakh Forty-Four Thousand Six Hundred and Thirty-Nine) fully paid-up equity shares of face value of Rs. 10/- (Indian Rupees Ten only) each (“Equity Shares”) of Automobile Corporation of Goa Limited (the “Company”), at a price of Rs. 2,005/- (Indian Rupees Two Thousand and Five only) per Equity Share, payable in cash, for an aggregate amount not exceeding Rs. 29,00,01,195/- (Indian Rupees Twenty-Nine Crore One Thousand One Hundred and Ninety Five only), on a proportionate basis through tender offer route (“Buyback”), pursuant to the Buyback Regulations and Companies Act, 2013, as amended With reference to captioned Buyback and in furtherance to our letter dated October 23, 2026, vide which we had submitted a copy of the public announcement dated October 22, 2026, which was published on October 23, 2026 (“Public Announcement”), please find attached the letter of offer dated October 29, 2026 (“Letter of Offer”), which is being dispatched to the Eligible Shareholders, for your reference and dissemination on the Stock Exchange’s website. You are requested to take note of the following schedule of activities in relation to the Buyback: Activity Date Day Record Date for determining the names of Eligible October 28, Wednesday Shareholders and the Buyback Entitlement 2026 November 03, Buyback Opening Date Tuesday 2026 November 09, Buyback Closing Date Monday 2026 Last date of receipt of completed Tender Form and other specified documents including physical share November 09, Monday certificates (if and as applicable) by the Registrar to the 2026 Buyback Last date of completion of settlement of bids by the November 17, Tuesday Clearing Corporation/ Stock Exchanges* 2026 * This activity may happen on or before the last date mentioned herein above. Automobile Corporation of Goa Limited Honda, Sattari, Goa-403 530 (India) CIN - L35911GA1980PLC000400 Tel.: (+91) 9607945399 | Website: www.acglgoa.com A copy of the Letter of Offer is also made available on the Company's website at www.acglgoa.com. All capitalised terms used herein and not specifically defined shall have the same meaning as ascribed to such terms under the Letter of Offer. Kindly take the above on record. Thanking you, Yours faithfully, For Automobile Corporation of Goa Limited Santhosh Shadadal Company Secretary & Compliance Officer ACS: 48177 Encl.: As above Automobile Corporation of Goa Limited Honda, Sattari, Goa-403 530 (India) CIN - L35911GA1980PLC000400 Tel.: (+91) 9607945399 | Website: www.acglgoa.com LETTER OF OFFER THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION This Letter of Offer (as defined below) is being sent to you as an Eligible Shareholder (as defined below) of Automobile Corporation of Goa Limited (the “Company”) in accordance with the SEBI Buyback Regulations (as defined below). If you require any clarification about the action to be taken, you should consult your stockbroker or your investment consultant or the Manager to the Buyback i.e. PL Capital Markets Private Limited or the Registrar to the Buyback, i.e., MUFG Intime India Private Limited (formerly Link Intime India Private Limited). Please refer to the section “Definition of Key Terms” on page 5 of this Letter of Offer for the definition of capitalised terms used herein. AUTOMOBILE CORPORATION OF GOA LIMITED Corporate Identification Number (CIN): L35911GA1980PLC000400 Registered Office: Honda, Sattari - 403 530, Goa, India; Tel. No.: +91 96079 45399; E-mail: cs@acglgoa.com; Website: www.acglgoa.com Contact Person: Santhosh Shadadal, Company Secretary and Compliance Officer; OFFER TO BUYBACK UP TO 1,44,639 (ONE LAKH FORTY FOUR THOUSAND SIX HUNDRED AND THIRTY NINE) FULLY PAID-UP EQUITY SHARES OF FACE VALUE OF ₹ 10/- (INDIAN RUPEES TEN ONLY) EACH OF THE COMPANY (“EQUITY SHARES”), REPRESENTING 2.38% OF THE TOTAL NUMBER OF EQUITY SHARES IN THE PAID-UP EQUITY SHARE CAPITAL OF THE COMPANY AS ON MARCH 31, 2026, FROM ALL THE ELIGIBLE SHAREHOLDERS (AS DEFINED BELOW) OF THE COMPANY AS ON THE RECORD DATE BEING WEDNESDAY, OCTOBER 28, 2026, ON A PROPORTIONATE BASIS, THROUGH THE TENDER OFFER (AS DEFINED BELOW) ROUTE, AT A PRICE OF ₹ 2,005/- (INDIAN RUPEES TWO THOUSAND AND FIVE ONLY) PER EQUITY SHARE (“BUYBACK PRICE”), PAYABLE IN CASH, FOR AN AGGREGATE AMOUNT OF UP TO ₹ 29,00,01,195/- (INDIAN RUPEES TWENTY-NINE CRORE ONE THOUSAND ONE HUNDRED NINETY FIVE ONLY) (THE “BUYBACK”). 1. The Buyback is in accordance with Article 67 of the Articles (as defined below) and pursuant to the provisions of Sections 68, 69, 70 and 179 and all other applicable provisions, if any, of the Companies Act (as defined below), rules framed thereunder, including the Share Capital Rules, the Board Meeting Rules and the Companies Management Rules, to the extent applicable, and in compliance with the SEBI Buyback Regulations and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”), and including any amendments, statutory modification(s) or re-enactment(s) for the time being in force, and subject to such other statutory, regulatory or governmental approvals, permissions, consents, exemptions and sanctions, as may be necessary and subject to any modifications and conditions, if any, as may be prescribed or imposed by the SEBI, Registrar of Companies, Goa, Daman & Diu (“ROC”), BSE Limited (“BSE”), Reserve Bank of India (“RBI”) and/or other authorities, institutions or bodies (together with SEBI, RBI and ROC, the “Appropriate Authorities”), as may be necessary and subject to such conditions and modifications as may be prescribed or imposed while granting such approvals, permissions, sanctions and exemptions. 2. The Buyback Size (as defined below) represents 9.39% of the aggregate of the total paid-up equity share capital and free reserves as per the latest audited financial statements of the Company as at September 30, 2026, being the latest audited financial statements available as on the date of the Board Meeting, approving the proposal of the Buyback, which is less than 10% of the aggregate of the total paid-up capital and free reserves of the Company in accordance with Regulation 4(i) read with proviso to Regulation 5(i)(b) of the SEBI Buyback Regulations. The Buyback Size is within the statutory limit of 25% of the aggregate of the total paid- up capital and free reserves of the Company, based on latest audited financial statements of the Company, as per Section 68(2)(c)of the Companies Act and Regulation 4(i) of the SEBI Buyback Regulations. 3. The Letter of Offer is being electronically sent to all the registered equity shareholders / beneficial owners of the Company as on the Record Date, i.e. Wednesday, October 28, 2026 (the “Eligible Shareholders”) in accordance with the SEBI Buyback Regulations and such other circulars or notifications, as may be applicable. Further, if any Eligible Shareholder has not registered an email address with the Company or the Depositories (as defined below) or, in terms of Regulation 9(ii) of the SEBI Buyback Regulations, if the Company receives a request from any Eligible Shareholder to dispatch a copy of the Letter of Offer in physical form, the same shall be provided. 4. For details of the procedure for tender, acceptance and settlement, please refer to the “Procedure for Tender Offer and Settlement” on page 43 of this Letter of Offer. The Form of Acceptance-cum-Acknowledgement (the “Tender Form”) along with the share transfer form (“SH-4”) is enclosed together with this Letter of Offer. 5. A copy of the Public Announcement (as defined belo [Showing first 8,000 characters — download PDF for full document]