Mark Corporate Advisors Pvt Ltd ("Manager to Open Offer") has submitted to BSE a copy of detailed Public Statement in terms of Regulations 3(1) and 4 read with Regulations 13(4), 14(3) and 15(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as Amended, for the attention of the Public Shareholders of Rishabh Digha Steel & Allied Products Ltd ("Target Company").

DETAILED PUBLIC STATEMENT IN TERMS OF REGULATIONS 3(1) AND 4 READ WITH REGULATIONS 13(4), 14(3) AND 15(2) OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011, AS AMENDED, FOR THE ATTENTION OF THE PUBLIC SHAREHOLDERS OF 5. The equity shares of the Target Company are listed on BSE Limited, Mumbai (“BSE”) RISHABH DIGHA STEEL & ALLIED PRODUCTS LIMITED having a scrip code as 531539. The Equity Shares of the Target Company are infrequently traded within the meaning of explanation provided in Regulation 2(1)(j) of the SEBI (SAST) Regulations, 2011. The ISIN of the Target Company is INE864D01015. (CIN: L15310MH1991PLC064563) 6. As on date, the Target Company is fully compliant with the listing requirements. Further, Registered Office: 1, Plot-514 B, Amar Kunj, Building, Ground Floor, R P Masani Road, Near Khalsa College, Matunga (East), Mumbai-400019, Maharashtra, India. there has not been any penal/punitive action taken by BSE/SEBI/RBI against the Target Contact No.: +91 22 3540 9077 • Email ID: info@rishabhdighasteel.com • Website: www.rishabhdighasteel.com Company. Open Offer for acquisition up to 14,09,699 fully paid-up equity shares having face value B. Information about the Promoter/Promoter Group Sellers: 7. The Target Company, its Promoters/Promoter Group, or any of its Directors do not have o bf e l₹ o1 w0 ) e a oc f h R (“ isO hff ae br h S h Da igre hs a” ) S r te ep er le s &e n Ati ln lig ed 2 5 P.6 r9 o% du(1 c) o tsf th Le im V io teti dn g ( “S Rh ia sr he a bC ha p Dita igl h(a as ” /d “Te afi rn ge ed t 1. T Ph roe m A oc tq eu r ir Ger r oh ua ps e Sn et le ler re sd oin nt o Oa c S toh ba er re 2P 9u ,r c 2h 0a 2s 6e , A tg or e ae cm qe un irt e (“ 4S 0P ,A 76”) , 7w 0i 1th eth qe u itP yr o sm ho at re er s/ a An cy q ud iri ere r c ot f o thr ei n Td ai rr ge ect t Clin ok ma pg ae ns y .with the Public Shareholders of the Target Company or Company”) from the public shareholders (as defined below) of Target Company, in (“SPA Shares”/“Sale Shares”) having face value of ₹10 each fully paid-up representing 8. The summary of Key Financial Information based on Un-Audited Financials as at and for terms of Securities and Exchange Board of India (Substantial Acquisition of Shares 74.31% of the Voting Share Capital at a price of ₹47.00 per equity share aggregating to three-months period ended June 30, 2026 and Audited Key Financial Information as at and and Takeovers) Regulations, 2011 and subsequent amendments thereto (“SEBI (SAST) ₹19,16,04,947.00 subject to the terms and conditions set out in the SPA, the details of for the financial years ending on March 31, 2026, March 31, 2025 and March 31, 2024 are Regulations, 2011”) by SBA Infra Projects Private Limited (Formerly known as S.B.A which are as under: as under: Realtors & Developers Private Limited) (hereinafter referred to as “Acquirer”) (“Open (Figures in Lakhs, unless otherwise stated) O E 20xff 1ce 1hr ” a a/ n n“ g dO e ff s B uer bo” sa) e, r dp q u uor efs nIu n t a d an miat et (o nS da u mn bd s e t ni an tn sc t io ta hm l e Ap recli tqa oun .ic se it w ioi nth o t fh Se hr ae rq eu si r ae nm de Tn ats k eo of vth ee rs S ) e Rc eu gr uit li ae ts io a nn sd , Details of Sh Sa er lle ins/ gV o St hin ag re R hi og lh dt es r held by the Particulars Fo pr e t rh iore de e m ndo en dths Financial Years ended (1)As per the SEBI (SAST) Regulations, 2011, the open offer under Regulations 3(1) and 4 is Part of Pre-Transaction Post Transaction June 30, 2026 March 31, March 31, March 31, required to be for at least 26.00% of the total equity share capital /voting capital of a target Sr. Promoter/ 2026 2025 2024 Name, PAN & Address Promoter company, as of the 10th (tenth) working day from the closure of the tendering period for the open No. % vis a (Un-Audited) (Audited) (Audited) (Audited) Group offer. However, the shareholding of the Public Shareholders (as defined below) is only 25.69% of % vis a vis vis total (Yes/No) Total Revenue 28.17 219.41 227.73 1,603.96 the Voting Share Capital (as defined below), and therefore, the Offer Shares (as defined below) Number total Voting Number Voting (including Other Income) represent 25.69% of the Voting Share Capital of the Target Company. Share Capital Share This Detailed Public Statement (“DPS”) is being issued by Mark Corporate Advisors Private Capital Profit/(Loss) for the year/period 18.12 37.27 6.09 1,154.51 Limited (“Manager to Open Offer”) for and on behalf of the Acquirer, to the public shareholders 1. Mrs. Kumud Ashok Mehta Yes 3,65,645 6.66% Nil N.A. Earnings Per Share 0.33 0.68 0.11 21.04 of the Target Company in compliance with Regulations 3(1) and 4 read with Regulations 13(4), (“Promoter Seller 1”) (₹) (Basic & Diluted) 14(3), 15(2) and other applicable regulations of SEBI (SAST) Regulations, 2011 and pursuant PAN: AAHPM4323R Net Worth 1,861.39 1,843.27 1,805.99 1,799.90 to the Public Announcement (“PA”) filed through email with Securities and Exchange Board of Address: India (“SEBI”), BSE Limited, Mumbai (“BSE”), and the Target Company on October 29, 2026 and 514/B, Amar Kunj Building, D. Details of the Offer: submission of the hard copy to SEBI on October 30, 2026. Ground Floor, R P Masani 1. The Acquirer is giving this Open Offer to acquire up to 14,09,699 fully paid-up equity For the purposes of this DPS, the following terms shall have the meaning assigned to them Road, shares having face value of ₹10 each, representing 25.69% of the Voting Share Capital herein below: Near VJTI College, Matunga of the Target Company at a price of ₹47.00 per equity share (“Offer Price”) aggregating (East), Mumbai-400 019, to ₹6,62,55,853.00 payable in cash, subject to the terms and conditions set out in the (i) “Voting Share Capital” shall mean 54,86,400 equity shares having face value of ₹10 each Maharashtra, India Public Announcement (“PA”), this Detailed Public Statement (“DPS”) and the Letter of Offer of the Target Company on a fully diluted basis as of the 10th (tenth) working day from the 2. Mr. Ashok Maganlal Mehta Yes 3,28,044 5.98% Nil N.A. (“LoF”), which will be sent to the Public Shareholders of the Target Company. closure of the Tendering Period. (“Promoter Seller 2”) 2. All Public Shareholders of the Target Company registered or unregistered are eligible to (ii) “Promoter/Promoter Group Sellers”/“Sellers” shall mean the following: PAN: AAEPM1062E participate in the Offer in terms of Regulation 7(6) of the SEBI (SAST) Regulations, 2011. Address: Sr. Name of the Promoter/Promoter Group Sellers Category 514/B, Amar Kunj Building, 3. As on this date, there are no other statutory approvals required to acquire the equity shares No. Ground Floor, R P Masani tendered pursuant to this Offer. If any other statutory approvals are required or become 1) Kumud Ashok Mehta Promoter Seller 1 Road, applicable at a later date before the completion of the Offer, the Offer would be subject to Near VJTI College, Matunga the receipt of such other statutory approvals. The Acquirer will not proceed with the Offer 2) Ashok Maganlal Mehta Promoter Seller 2 (East), Mumbai-400 019, in the event such statutory approvals are refused in terms of Regulation 23 of the SEBI 3) Yash Ashok Mehta Promoter Seller 3 Maharashtra, India (SAST) Regulations, 2011. 4) Ashok Maganlal Mehta HUF Promoter Seller 4 3. Mr. Yash Ashok Mehta Yes 2,75,166 5.02% Nil N.A. 4. This Offer is not conditional upon any minimum level of acceptance by the Equity (“Promoter Seller 3”) Shareholders of the Target Company in terms of Regulation 19(1) of the SEBI (SAST) 5) Saurabh Bharatbhai Mehta HUF Promoter Seller 5 PAN: AGGPM0347N Regulations, 2011. 6) Namrata Saurabh Mehta Promoter Seller 6 Address: 5. This is not a competing offer in terms of Regulation 20 of the SEBI (SAST) Regulations, 7) Digha Steel Industries Private Limited Promoter Group Seller 7 514/B, Amar Kunj Building, 2011. Ground Floor, R P Masani 8) Dhan Financial S [Showing first 8,000 characters — download PDF for full document]