Submission of Outcome of Investment Committee relating to acquisition of shares of wholly owned subsidiary.

Ref: KVL/SEC/2026-27/55 Date: 3rd November, 2026 To, T o, The Manager- Listing The Manager- Listing National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (E), Mumbai-400 051 Dalal Street, Mumbai- 400 001 NSE Symbol: KAMOPAINTS BSE Scrip Code: 543747 Subject: Outcome of Investment Committee Meeting held on Tuesday, 3rd November, 2026. Ref: Intimation as per Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, In furtherance to our earlier intimation made vide letter no. KVL/SEC/2026-27/51 dated Friday, 30th October, 2026, and as per the provisions of the Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 (‘SEBI LODR Regulations’) as amended from time to time, this is to inform you that the Investment Committee of the Board of Directors of the Company, at its meeting held on today, i.e., Tuesday, 3rd November, 2026, has approved making investment in Kamdhenu Colour and Coatings Limited (“KCCL”), the wholly owned and material Subsidiary of the Company, by subscribing to 2,125 (Two Thousand One Hundred Twenty Five) equity shares offered by KCCL through a Right Issue at an issue price of Rs. 36,000/- (Rupees Thirty-Six Thousand Only) per share, having a face value of Rs. 10/- (Rupees Ten Only) per share and a premium of Rs. 35,990/- (Rupees Thirty- Five Thousand Nine Hundred Ninety Only) per share, aggregating to an investment amount of Rs. 7,65,00,000/- (Rupees Seven Crore Sixty-Five Lakh Only). Disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, is annexed herewith as Annexure-1. The Meeting commenced at 12:00 P.M. (IST) and concluded at 12:30 P.M.(IST). We request you to kindly take the same on records. Thanking you, Yours faithfully, For Kamdhenu Ventures Limited Ankit Company Secretary & Compliance Officer Membership No. – ACS 51774 Encl: as above. Annexure – 1 Details under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026: S. No Particular Details 1. Name of the target entity, details in Kamdhenu Colour and Coatings Limited, the Wholly brief such as size, turnover etc.; Owned Subsidiary, (“KCCL”) is currently engaged in the Paint Business. The Turnover of the KCCL for the financial year 2025-26 was Rs. 24,526.25 Lakhs. 2. Whether the acquisition would fall Yes within related party transaction(s) KCCL being wholly-owned subsidiary is a related and whether the promoter/ party of the Company. The transaction falls within promoter group/ group companies ambit of related party transactions and is at arms’ have any interest in the entity being length. acquired? If yes, nature of interest and details thereof and whether the Since KCCL is a wholly owned subsidiary of the same is done at “arm’s length” Company, the aforesaid transaction between the Company and KCCL is exempt to be a Related Party Transaction under Regulation 23(5) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Except to the extent of shares held by the Company in KCCL, the promoter/promoter group/group companies of the Company have no interest in KCCL. 3. Industry to which the entity being Paint Industry acquired belongs 4. Objects and impact of acquisition Infusion of funds in Kamdhenu Colour and Coatings (including but not limited to, Limited, the wholly-owned subsidiary for its business disclosure of reasons for operations and expansion. acquisition of target entity, if its business is outside the main line of business of the listed entity); 5. Brief details of any governmental or Not Applicable regulatory approvals required for the acquisition; 6. Indicative time period for The acquistion, will be completed on or before the completion of the acquisition 16/11/2026. 7. Consideration - whether cash Cash consideration or share swap or any other form and details of the same 8. Cost of acquisition and/or the price Cost of Acquisition: Rs. 7,65,00,000/- (Rupees at which the shares are acquired Seven Crore Sixty-Five Lakh Only) Price of Acquisition is of Rs. 36,000/- (Rupees Thirty-Six Thousand Only) per share having a face value of Rs. 10/- (Rupees Ten Only) per share and a premium of Rs. 35,990/- (Rupees Thirty-Five Thousand Nine Hundred Ninety Only) per share. 9. Percentage of shareholding / The said investment will not cause any change in the control acquired and / or number of percentage of the Equity Shareholding of the Company in KCCL. shares acquired KCCL will continue to remain a 100% wholly owned subsidiary of the Company. 10. Brief background about the entity KCCL was incorporated on 16.11.2019 under the acquired in terms of products/line jurisdiction of Indian Laws. It is engaged in the decorative Paint Business. The KCCL has presence of business acquired, date of in India, incorporation, history of last 3 years turnover, country in which the The turnover of KCCL for the last 3 years is given acquired entity has presence and below: any other significant information (in brief); Financial March 31, March 31, March 31, Year 2026 2025 2024 Turnover 24,526 26,610 29170 (Rs. In Lakhs)