General Updates

Ref No.: ADL/SE/26-27/60 Date: November 03, 2026 To, To, The Manager The Manager Corporate Relationship Department Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex Dalal Street, Bandra (East), Mumbai - 400 001 Mumbai - 400 051 BSE Scrip Code -544261 NSE Symbol :ARKADE Dear Sir/Madam, Sub-: Disclosure under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations, 2015”) – Acquisition of 100% shares of Woollen and Textile Industries Limited Ref: Our earlier intimation dated January 29, 2026 regarding the Board Approval for acquisition of the shares of Woollen and Textile Industries Limited This is to inform you that pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has executed a Share Purchase Agreement (SPA) for the acquisition of 100% shares in Woollen and Textile Industries Limited (WTIL), pursuant to which WTIL became the wholly owned subsidiary of the Company. The detailed disclosure as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7) 2025-CFD-POD2/1/3762/2026 dated 30 January 2026, as amended, is enclosed as Annexure-A. You are requested to take the above information on your records. Thanking You, For Arkade Developers Limited Sheetal Solani Company Secretary and Compliance Officer Membership No: A45964 Annexure -A Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Sr Details of Events that need to Information of such event(s) No. be provided 1 Name of the target entity, Woollen and Textile Industries Limited details in brief such as size, turnover etc. As on March 31, 2026 Net worth: 199.91 Crore Turnover: 0.18 Crore 2 Whether the acquisition would No fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” 3 Industry to which the entity Real Estate being acquired belongs. 4 Objects and impact of The intent of facilitating smoother expansion of acquisition operations in the real estate sector. It will aid in the development and growth of the Company’s real estate business. 5 Brief details of any No regulatory approvals are required for the governmental or regulatory acquisition. approvals required for the acquisition 6 Indicative time period for The acquisition has been completed on November completion of the acquisition 03, 2026, by way of execution of a Share Purchase Agreement. 7 Consideration - whether cash Cash consideration consideration or share swap or any other form and details of the same 8 Cost of acquisition and/or the Rs. 145.51 Crore price at which the shares are acquired 9 Percentage of shareholding / 100% shares control acquired and / or number of shares acquired 10 Brief background about the WTIL is in the business of Real Estate entity acquired in terms of products/line of business Date of Incorporation: 10th February 1951 acquired, date of incorporation, history of last 3 Turnover (in Rs. Crore) years turnover, country in which the acquired entity has 2023-24 2024-25 2025-26 presence and any other 0.73 0.45 0.18 significant information