Update on Sale of Residential plot by Wholly owned subsidiary

02.11.2026 National Stock Exchange of India Ltd BSE Limited Exchange Plaza, 5“ Floor, Corporate Relationship Department Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, DalaI Street, Bandra(E), Mumbai 400 051 Mumbai - 400 001 Stock Code : UCAL Stock Code: 500464 Dear Sir/Madam, Sub: Disclosure under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – UPDATE In terms of Regulation 30 read with Schedule III and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in continuation to our earlier announcement to the Stock Exchange vide our letter dated 13th January 2026 with respect to the sale of residential plot admeasuring 6.97 acres owned by wholly owned subsidiary M/s. Ucal Polymer Industries Limited (“UPIL"), to M/s. Sujo Land and Properties Private Limited, promoter group company, we now wish to update the exchange that M/s. Sujo Land and Properties Private Limited has executed today viz. 02 November 2026 the agreement to sell with UPIL and advanced consideration amount of Rs.45 Crore to UPIL pending receipt of approval from Mahindra Integrated Township. The details as required under Regulation 30(6) read with Schedule III, Part A, Para A(1) of the SEBI Listing Regulations and the SEBI Circular CIR/CFD/CMD/4/2015 dated September 2015, have already been disclosed in our earlier intimation dated 13 January 2026 is now being updated with the above developments and enclosed herewith as Annexure I. Kindly take the above on your record. Yours faithfully, For Ucal Limited S Narayan Company Secretary REGD OFFICE : 11 B/2 (S.P), First Cross Road, Ambattur Industrial Estate, IATE 189482018 Ambattur, Chennai - 600 058. Tel.No: 044 - 6654 4719 BUREAU VERITAS E-mail: ufsl.ho@ucal.com VVebsite: www,ucal.com Cortlfleatloa CIN: L3 19001-N 198SPLC012343 Annexure A Disclosure for the sale or disposal of unit(s) or division(s) or subsidiary(ies) of the listed entity:- Items to be disclosed Details a) The amount and percentage of the Name of the Subsidiary: Ucal Polymer turnover or revenue or income and net Industries Limited (“UPIL" ). worth contributed by such unit or division a Percentage of the listed entity during the last financial (Rs in Crore) year i.e. 31st March 2026. Total 52.27 6.24 income b) Date on which the agreement for sale As of=he agreement to sell has been has been entered into. executed on 02 November 2026 and sale agreement for the sale of residential plot admeasuring 6.97 acres will be executed by the Wholly owned subsidiary UPIL in due course of time and the same will be intimated separatel c) The expected date of completion of Tentatively before end of June 2027 subject to sale/disposal. receipt of approval from Mattindra Integrated Township. Upon completion of the sale of residential plot by the Wholly owned Subsidiary UPIL, same will be intimated separatel d) Consideration received from such An advance amount of Rs.45 Crore has been sale /disposal received by UPIL from Sujo Land and Properties Private Limited on 02 November 2026, pending receipt of approval from Mahindra Integrated Townshi e) Brief details of buyers M/s.Sujo Land andm)erties Private Limited, promoter group company and is in the business of investment in properties. f ) Whether the transaction would fall The said transaction indirectly falls under within related party transactions? if Related party transaction as Ucal Limited is yes, whether the same is done at "arm’s not a party to the transaction but its Wholly length owned unlisted subsidiary (UPIL) is a party to the transaction. This does not fall under material related party transaction since the transaction does not breach the threshold limit of 10% of the annual consolidated REGD OFFICE : 11 B/2 (S.P), First Cross Road, Ambattur Industrial Estate, IATF IB 8492018 Ambattur, Chennai - 600 058. Tel.No: 044 - 6654 4719 BUREAU VERITAS E-mail: ufsl.ho@ucal.com Website: www.ucal.com Certlfleotlo CIN: L31900TN 198SPLC012343 turnover of Ucal Limited (Listed entity) as per the Schedule XII of SEBI Listing Regulations 2015 and the transaction being at arm’s length. However, in terms of Regulation 23(2)(b) of SEBI Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 the Company has obtained prior approval of its Audit Committee and Board on 13th January 2026 and under Regulation 24 (6) of SEBI Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 shareholders’ approval have been obtained on 13th February 2026 even though the company is not a party to the transaction. g) Whether the sale, lease or disposal of Not applicable the undertaking is outside Scheme of Arrangement? if yes, details of the same 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 disclosed by the listed entity with respect to such slump sale REGD OFFICE : 11 B/2 (S.P), First Cross Road, Ambattur Industrial Estate, IAIr 188482018 Ambattur, Chennai - 600 058. Tel.No: 044 - 6654 4719 BUREAU VERITAS E-mail: ufsl.ho@ucal.com Website: www.ucal.com CIN: L31900TN 1985PLC012343