Kundan Minerals and Metals Limited has informed the Exchange about General Updates under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

Date: 03.11.2026 To, To, Manager (CRD) The Manager BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra – Kurla Complex, Bandra Dalal Street, Mumbai – 400001 (East), Mumbai – 400 051 Scrip Code: 507528 SYMBOL: KUNDANMM Dear Sir/Madam, Subject: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 The Board of directors approved the incorporation of a foreign subsidiary in North Africa. The necessary disclosure as per master SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 is provided as Annexure-1. You are requested to kindly take the abovementioned on record and oblige. Kindly place the same on your record. For Kundan Minerals & Metals Limited Siddharth Gogia Director DIN: 07202627 Annexure-1 The details of the acquisition are as hereunder: S. No. Particulars Details 1. Name of the entity, details in brief such as size, Proposed Name- Kundan turnover etc.; Minerals Resources. 2. Whether the acquisition would fall within related party No this is not a related party transaction(s) and whether the promoter/ promoter transaction. After Incorporation group/ group companies have any interest in the entity the Company shall be Foreign being acquired? If yes, nature of interest and details subsidiary of the Kundan thereof and whether the same is done at "arm's length" Minerals And Metals Limited. 3. Industry to which the entity being acquired belongs; Exploration and Mining of Minerals. 4. Objects and impact of acquisition (including but not The investment is aimed at limited to, disclosure of reasons for acquisition of expanding international target entity, if its business is outside the main line of presence. the listed entity); 5. Brief details of any governmental or regulatory Approvals under the applicable approvals required for the acquisition; laws of respective Countries. 6. Indicative time period for completion of acquisition; The Proposed subsidiary company incorporation will be completed with in approximately 6 months. 7. Consideration whether cash consideration or share The consideration shall be paid swap or any other form and details of the same: by account transfer in accordance with FEMA Provisions. 8. Cost of acquisition and/or the price at which the shares The shares will be subscribed at are acquired; the face value. 9. Percentage of Shareholding/Control/ acquired and/or 100% Subject to the approval of number of shares acquired respective law. 10. Brief background about the entity acquired in terms of A new company is proposed to products/line of to be incorporated. business acquired, be incorporated. So this clause date of incorporation, history of last 3 years turnover, is not applicable. country in which the acquired entity has presence and any other significant information (in - brief)