Intimation Regarding rectification of inadvertent error in Note No. 3.3 and 3.4 of the Audited Financial Statements for FY ended 31.03.2026.

BHAVIK ENTERPRISES LTD. AN ISO 9001: 2015 CERTIFIED COMPANY Regd. Office : 1105, DLH Park, S.V. Road, Goregaon (W), Mumbai - 400 062 30t October, 2026 ‘The Manager - Listing Department, BSE Limited Phiroze Jecjeebhoy Towers, Dalal Street, Fort, Mumbai - 400001 Ref.: Bhavik Enterprises Limited, Mumbai Company Symbol - BHAVIK, ISIN: - INE18PB01017, Scrip Code: - 544551 Reference: Submission of Audited Financial Statements for the financial year ended 31 March 2026 along with the Annual Report of the Company dated 04.08.2026 under Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, We, M/s Bhavik Enterprises Limited (hereinafter referred as “the Company”), wish to bring to your kind attention an inadvertent error identified in Note Nos. 3.3 and 3.4 of the Audited Financial Statements of the Company for the financial year ended 31 March, 2026, as submitted to BSE Limited [“the Exchange”). The error relates to the non- adjustment of the shareholding of the Promoters for the equity shares sold by them through the Offer for Sale (“OFS") undertaken as part of the Company's Initial Public Offer (“IP0°). ‘The details of the error, its nature, the corrected particulars and the steps being undertaken by the Company are set out below for your consideration and record. 1. Background of the IPO and Offer for Sale The equity shares of the Company were listed on the SME Platform of BSE Limited on 06.10.2026 pursuant to its Initial Public Offer ("IPO"), comprising a fresh issue of 45,00,000 equity shares of 140 each and an Offer for Sale of 10,00,000 existing equity shares of 3140 each by the Promoter Selling Shareholders, as detailed below: [Name of Promoter Selling Shareholder __|[Equity shares sold under OFS ] [Mrs. Purnima Mukesh Thakkar I 4,00,000] [Mr. Mulcesh Natverlal Thalkar ] 3,00,000] [Mr. Bhavil Mukesh Thaklar I 3,00,000] (Total | 10,00,000] The OFS represented a transfer of existing equity shares held by the Promoter Selling Shareholders to the public investors. Accordingly, the number ofe quity shares held by the respective Promoters was required to be reduced by the number of shares sold by them under the OFS. The transaction did not result in any fresh issue or increase in the issued, subscribed and paid-up equity share capital of the Company. Tel. : (022) 4333 1000 CIN : L51900MH2008PLC186' BHAVIK ENTERPRISES LTD. AN ISO 9001: 2015 CERTIFIED COMPANY Regd. Office : 1105, DLH Park, S.V. Road, Goregaon (W), Mumbai - 400 062 2. Nature and explanation of the inadvertent error While preparing and submitting the Audited Financial Statements for the financial year ended 31 March, 2026, an inadvertent data-entry/typing error occurred in the following notes: a. Note No. 3.3 - Details of shates held by each shareholder holding more than 5% of the total shares; and b. Note No. 3.4 - Details of change in the percentage of shareholding of the Promoters. In the aforesaid notes, the shareholding particulars of the Promoters were inadvertently carried forward without giving effect to the transfer of 10,00,000 equity shares under the OFS. Consequently, the aggregate shareholding of the Promoters as at 31+ March, 2026 was overstated by 10,00,000 equity shares, and the corresponding percentage of shareholding and percentage change during the year were also incorrectly disclosed. The error is confined to the aforesaid disclosures in the financial statements and arose due to an inadvertent omission while incorporating the effect of the OFS transaction. It does not represent any discrepancy in the actual shareholding records or any change in the underlying share capital of the Company. The Company further submits that the promoter shareholding has been correctly reflected in the relevant shareholding disclosures elsewhere in the Annual Report and in the shareholding pattern(s) filed with the Exchange under Regulation 31 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as applicable. The inadvertent error is present in the relevant disclosures in the financial statements filed in Form AOC-4 XBRL and requires appropriate rectification in accordance with the applicable regulatory requirements. 3. Corrected promoter shareholding as at 315 March, 2026 Upon identification of the error, the Company has reconciled the shareholding particulars of the Promoters with the details of the OFS and the relevant shareholding records. The aggregate promoter shareholding as at 315 March 2026, as originally disclosed, was 1,57,84,500 equity shares, representing approximately 77.53% of the total paid-up equity share capital. After giving effect to the sale of 10,00,000 equity shares under the OFS, the corrected aggregate promoter shareholding stands at 1,47,84,500 equity shares, representing approximately 72.62% of the total paid-up equity share capital, subject to verification of the underlying figures and percentages. The shareholder-wise particulars, including the originally reported figures, corrected figures and number of shares sold under the OFS, are provided in Annexure A to this letter. The corresponding correction in the percentage of shareholding and percentage change during the year, as disclosed in Note No. 3.4, is provided in Annexure B to this letter. 4. Tmpact on the financial statements The Company clarifies that the error is limited to the disclosure of promoter shareholding in Note Nos. 3.3 and 3.4 of the Audited Financial Statements. The OFS involved the transfer of existing equity shares from the Promoter Selling Shareholders to public investors. It did not involve any fresh issue, buy-back, cancellation or alteration of the issued, subscribed and paid-up equity share capital of the Company. Accordingly, the error in the aforesaid notes does not affect the figures reported in the Balance Sheel, Statement of Profit and Loss, Cash Flow Statement or Earnings Per Share, nor does it affect the financial performance or financial position of the Company. The correction relates to the accuracy of the shareholding disclosures and does not involve any change in the underlying financial figures. . :(022) 4333 1000 1900MH2008PLC18! BHAVIK ENTERPRISES LTD. AN IS0 9001: 2015 CERTIFIED COMPANY Regd. Office: 1105, DLH Park, S.V. Road, Goregaon (W), Mumbai - 400 062 5. Corrective action and regulatory compliance The Company has identified the error, reconciled the promoter shareholding with the OFS details and prepared the corrected particulars set out in Annexures A and B. The Company is taking appropriate corrective steps and accordingly placed the matter before the Audit Committee and the Board of Directors for consideration and approval in its board meeting held on 30.10.2026, and to consult its Statutory Auditors regarding the appropriate manner of rectification. The Company shall undertake the necessary corrective filings or submissions, including any rectification of Form AOC-4 XBRL or other filing, as may be required under the applicable provisions of law and the directions or requirements of the Exchange and other competent authorities. We request the Exchange to kindly take this intimation and the accompanying Annexures A and B on record. The Company shall also take the necessary steps to make the corrected disclosures available to investors through its website and to complete any further filing or disclosure requirements applicable in this regard. ‘The Company remains committed to maintaining accuracy, transparency and compliance in its financial reporting and regulatory disclosures. Thanking you, Kindly take the same on record. Thanking You, N SRJL> Company Secretary and Compliance Officer Membership No. A22219 Enclosures: Annexure A - Corrected details of shareholders holding more than 5% of the total shares (Note No. 3.3). Annexure B - Corrected details of change in percentage shareholding of the Promoters (Note No. 3.4). Tel. : (022) 4333 1000 CIN : L51900MH2008PLC186 Annexure A - C [Showing first 8,000 characters — download PDF for full document]