Press Release

Date: 05th November, 2026 The Manager - DCS The Manager - Listing Department BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra-Kurla Complex, Dalal Street, Mumbai – 400 001 Bandra (East), Mumbai- 400051 Scrip Code: 544519 Symbol: EUROPRATIK Dear Sir / Ma’am, Subject: Press Release Kindly (cid:976)ind enclosed herewith a press release relating to acquisition of Drashti Surfaces Private Limited. Kindly take the same in your record. Thanking you, Yours faithfully, For Euro Pratik Sales Limited Shruti Kuldeep Shukla Company Secretary & Compliance Officer Encl: As stated above Euro Pra(k Sales Limited to Acquire 51% Stake in Drash( Surfaces Private Limited for an Investment of up to ₹31.12 Crore Building a Broader Product Pla0orm backed by In-house Manufacturing Exper>se Mumbai, 5th November 2026: Euro Pra(k Sales Limited, a leading player in the organised decora(ve wall panels and interior solu(ons industry, has announced the acquisi6on of a 51% controlling stake in Drash6 Surfaces Private Limited, a manufacturer of premium veneers and decora(ve laminates with manufacturing facili(es in Bhilad and Silvassa. The transac(on, valued at ₹31.12 crore, along with a loan commitment of up to ₹20 crore, is expected to be completed within 90 days of the execu(on of the Share Purchase and Subscrip(on Agreement and will be funded in phases through internal accruals, reflec(ng the Company's strong financial posi(on. The acquisi(on is expected to strengthen Euro Pra(k's product offerings and manufacturing capabili(es. Drashti Surfaces Private Limited, promoted by Mr. Jitendra Nandu, is a manufacturer of premium decorative laminates and veneers. The Promoters are in the business of Decorative Veneer and Laminate Industry since 1998 with manufacturing expertise. The company offers a diverse portfolio of laminates, veneer solutions, and value-added surface products catering to residential, commercial, and architectural applications. Backed by manufacturing facilities in Silvassa and Bhilad, advanced processing capabilities, and a strong focus on product innovation, Drashti serves architects, interior designers, furniture manufacturers, contractors, builders, and other industry stakeholders. The company is recognized for its design-led product offerings, pioneering introduction of synchronised laminates and release paper-based laminates in India, and its growing presence in international markets. The acquisition strengthens Euro Pratik's integrated decorative surfaces platform by adding an owned manufacturing base for premium veneers and laminates, providing greater control over quality, costs, and speed-to-market. Through the combination of Drashti's manufacturing expertise, institutional relationships with leading hospitality and real estate players, and export presence across international markets, with Euro Pratik's established brand, design capabilities, and pan-India distribution network, the Company aims to enhance market penetration and drive sustainable long-term growth. The transaction is also expected to create meaningful two-way synergies. Drashti will benefit from Euro Pratik's extensive distributor and dealer network, while Euro Pratik gains access to Drashti's manufacturing backbone, institutional customer relationships, and specialised product innovations. Together, the combined platform strengthens the Company's vision of becoming a comprehensive interior decorative and surface solutions provider across retail, institutional, and international markets. Commen6ng on this strategic direc6on, Mr. Pra6k Singhvi, Chairman and Managing Director, Euro Pra6k Sales Limited, said, “The acquisi+on of Drash+ Surfaces marks another milestone in Euro Pra+k's strategy of building a more integrated and diversified decora+ve surfaces pla@orm. Following the acquisi+ons of URO Veneer World and Chawla Brothers, which strengthened the Company's retail footprint and distribu+on presence across key markets, Drash+ adds in-house manufacturing capabili+es in premium veneers and decora+ve laminates, and will enhance Euro Pra+k's presence across ins+tu+onal, retail, and export channels. In addi+on, the transac+on is expected to create meaningful synergies across manufacturing, distribu+on, design innova+on, and customer rela+onships. Drash+'s established rela+onships with leading hospitality brands, developers, and interna+onal customers complement Euro Pra+k's extensive distribu+on network, strong brand recall, and design-led business model. Backed by a strong balance sheet and a capital- efficient acquisi+on structure, Euro Pra+k remains well posi+oned to strengthen its integrated surface décor pla@orm and pursue opportuni+es that enhance product capabili+es, deepen customer engagement, and support long-term value crea+on. This acquisi+on perfectly mirrors Euro Pra+k's DNA as an innovator, uni+ng with Drash+ Surfaces—a pioneer among the first to launch specialized products like Zero Series synchronized laminates, release paper laminates, dyed and metallic veneers, and marquetry.” The acquisition builds on the strategic additions of URO Veneer World and Chawla Brothers, further strengthening Euro Pratik's capabilities across the decorative surfaces value chain. With the addition of Drashti Surfaces' manufacturing expertise, product specialisation, and customer relationships, the Company continues to broaden its presence across key markets and customer segments while reinforcing its position in the premium interior surfaces industry. About Euro Pra6k Sales Limited Euro Pra(k is one of India’s leading and largest organized brands in the Decora(ve Wall Panel and Laminates industry, holding a market share of over 16% in the organized wall panel segment. Known for its design-driven approach, the company has launched over 113+ product catalogues, offering 30+ product categories and 3,300+ designs that are sustainable, an(bacterial, an(fungal, and water-resistant. Opera(ng through fixed asset-light business model with 45+ contract manufacturers across India and abroad, Euro Pra(k has built a strong distribu(on network spanning 195+ ci(es, 208 distributors, and 2,69,716.50+ sq. d. of warehouse space in Bhiwandi, ensuring wide market reach and opera(onal efficiency. Driven by innova(on and strategic growth, Euro Pra(k has expanded its global presence through subsidiaries in the U.S., and UAE supported by strong financial fundamentals. With a proven track record, comprehensive product porfolio, collabora(ons with architects, interior designers, and furniture manufacturers, and a focus on sustainable design, Euro Pra(k con(nues to strengthen its posi(on as a pioneer in decora(ve wall solu(ons across domes(c and interna(onal markets. For more details, please visit: hips://europra(k.com About Drash6 Surfaces Private Limited Promoted by Mr. Jitendra Nandu, Drash( Surfaces Private Limited is a manufacturer of premium veneers and decora(ve laminates, with manufacturing facili(es in Bhilad, Gujarat and Silvassa, Dadra & Nagar Haveli. The company offers a diversified porfolio of decora(ve laminates and veneers and is recognised for pioneering products such as synchronised laminates and release paper laminates in India. Drash( serves domes(c and interna(onal markets, backed by strong design capabili(es, dual exper(se in veneers and laminates, and an established export presence across Asia, US, Europe, Middle East, and Africa. Safe Harbor Certain statements in this “Release” may not be based on historical informa(on or facts and may be “forward looking statements” within the meaning of applicable securi(es laws and regula(ons, including, but not limited to, those rela(ng to general business plans & strategy of the Company, its future outlook & growth prospects, future developments in its businesses, its compe((ve & regulatory environment and management's current views & assump(ons which may not remain constant due to risks and uncertain(es. Actua [Showing first 8,000 characters — download PDF for full document]