General Updates

Date: 03.11.2026 To To Corporate Relations Department The Listing Department, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1 Block G Dalal Street, Bandra Kurla Complex, Bandra (E) Mumbai – 400 001, India Mumbai – 400 051, India Scrip Code: 543989 Symbol: KALAMANDIR Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Revision of earlier resolution and extension of timeline for utilisation of IPO balance proceeds Dear Sir / Madam, Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Audit Committee and the Board of Directors of the Company, at their respective meetings held on 03rd November, 2026, have, inter alia, reconsidered the resolution passed in its previous meeting held on 29th September /2026 and have resolved: i. that the unutilised amount of Rs.20.27, forming part of the funds earmarked for the purpose of “setting up of warehouses” in terms of the prospectus, dated September 23, 2023 be utilised accordingly, i.e., for setting up of warehouses and ii. to extend the timelines for the said utilisation till 30th September, 2027. Background As informed earlier in this regard, and more specifically vide our communication, dated March 29, 2026 and September 29, 2026, the Company has successfully utilised the substantial portion of its IPO proceeds in line with the objects specified in the Prospectus dated September 23, 2023. However, an amount of Rs.20.27 Crores forming part of the funds earmarked for the purpose of “setting up of warehouses” remains unutilised as on date. Further, as informed, the Audit Committee and the Board in their respective Meetings held on 29th September, 2026 had resolved that in order to ensure optimum and prompt utilisation of funds, the said amount of Rs.20.27 crores be deployed for the purpose of setting up of new stores and simultaneously, the Company shall also pursue the setting up of new warehouses as originally contemplated in the Prospectus with its internal accruals. Current Position:  During the interim period, i.e., subsequent to the latest communication dated 29th September, 2026, our management has represented to the Board of Directors that in view of encouraging developments towards setting up of warehouses such as progress in negotiations with vendors and accelerated legal due diligence process, the funds earmarked for the said purpose be utilised for the same purpose, as contemplated in the Prospectus. The Audit Committee and the Board of Directors took note of the explanation provided by the management and have resolved to revise the resolution(s) passed on 29th September, 2026. Regulatory Position:  The instant resolution(s), being in the nature of revision of earlier resolution(s) restores the original commitment in terms of prospectus and hence does not involve any change in the objects of the issue.  Further, the instant resolution(s), provides for extension of timelines, thus not requiring any approval of shareholders.  The Company shall continue to place the quarterly Monitoring Agency Report along with the Statement of Deviation before the Audit Committee and will duly submit the same to the stock exchanges. The meeting of the Board of Directors commenced at 12.30 P.M. concluded at 5.00 P.M. This is for your information and records. Yours sincerely, For Sai Silks (Kalamandir) Limited Shilpa Kotagiri Company Secretary A23208