Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015 ('Listing Regulations')

November 06, 2026 To, To, The Manager, The Manager, BSE Limited National Stock Exchange Limited, P.J. Tower, Exchange Plaza, C-1, Block-G, Dalal Street, Bandra Kurla Complex, Mumbai – 400001 Bandra (EAST), Mumbai – 400051 Scrip Code: 524051 Symbol: POLYPLEX Subject: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015 (“Listing Regulations”) Dear Sir/Madam, We refer to our disclosure dated October 03, 2023, in relation to the call and put option agreement dated October 03, 2023 (the “CPA”) and the shareholders’ agreement dated October 03, 2023 (the “SHA”) executed by the AGP HoldCo Limited (“Investor”), the Company, and certain member of the Promoter Group of the Company (“Promoter Group”) (together, the “Transaction Documents”). We wish to inform you that the Company, Promoter Group and the Investor have executed a letter agreement dated November 06, 2026 (the “Letter Agreement”) inter alia recording the parties’ in-principle agreement to revisit the timelines and manner of the sale and purchase of shares, under the CPA. The Parties are actively negotiating a formal amendment agreement to record such amendments. The Parties shall on or before January 15, 2027, negotiate in good faith, take all steps necessary to finalise the amendment agreement and once finalised, execute it. On execution, the amendment agreement shall form an integral part of, and be read together with, the CPA and the SHA, as applicable. Pending execution of the amendment agreement, the CPA and the SHA shall continue in full force and effect, and the rights and obligations of the Parties thereunder shall not be affected by the time taken to finalise and execute the amendment agreement. This disclosure is being made pursuant to Regulation 30 read with Para A(5A) of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which requires disclosure of any amendment to agreements of the nature of the Agreements. The Letter Agreement does not result in any change in the shareholding, board composition or control of the Company. The details required under the SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30th January, 2026 are set out in Annexure A. Polyplex Corporation Limited CIN: L25209UR1984PLC011596 B-37 , Sector-1, Noida-201301, Distt. Gautam Budh Nagar (U.P.) India Board: +91.120.2443716-19, Fax: +91.120.2443724 Website: www.polyplex.com Registered Office: Lohia Head Road, Khatima - 262308, Distt. Udham Singh Nagar, Uttarakhand, India The meeting of the Board of Directors of the Company at which the aforesaid Letter Agreement was taken on record in the meeting which commenced at 04:22 p.m. (IST) and concluded at 05:40 p.m. (IST) on November 06, 2026. We request you to take the above on record. Thanking You, Yours faithfully, For Polyplex Corporation Limited Ashok Kumar Gurnani Email: akgurnani@polyplex.com Company Secretary Annexures: as above Polyplex Corporation Limited CIN: L25209UR1984PLC011596 B-37 , Sector-1, Noida-201301, Distt. Gautam Budh Nagar (U.P.) India Board: +91.120.2443716-19, Fax: +91.120.2443724 Website: www.polyplex.com Registered Office: Lohia Head Road, Khatima - 262308, Distt. Udham Singh Nagar, Uttarakhand, India Annexure A SR PARTICULARS DETAILS 1. if the listed entity is a party to the Following are the parties to the Letter agreement, Agreement: (i) Promoter Group Members (details are (i) details of the counterparties set out in Annexure B) (including name and relationship with the listed entity); (ii) AGP Holdco Limited ("Investor"); and (iii) Polyplex Corporation Limited ("Company") 2. if listed entity is not a party to the Not Applicable agreement, (i) name of the party entering into such an agreement and the relationship with the listed entity; (ii) details of the counterparties to the agreement (including name and relationship with the listed entity); (iii) date of entering into the agreement. 3. Purpose of entering into the agreement The Parties are actively negotiating a formal amendment agreement to record such amendments. The Parties shall on or before 15 January 2027, negotiate in good faith, take all steps necessary to finalise the amendment agreement and once finalised execute it. On execution, the amendment agreement shall form an integral part of, and be read together with, the CPA and the SHA, as applicable. 4. Shareholding, if any, in the entity with Investor: 24.28%. Promoter and promoter whom the agreement is executed. group: 26.68%. 5. Significant terms of the agreement (in Pending execution of the amendment brief) agreement, the CPA and the SHA shall continue in full force and effect, and the rights and obligations of the Parties thereunder shall not be affected by the time taken to finalise and execute the amendment agreement. 6. Extent and the nature of impact on None at present. The Letter Agreement only management or control of the listed records the parties’ in-principle agreement to entity. revisit the timelines under the Transaction Documents and does not impact the management or control of the listed entity. Polyplex Corporation Limited CIN: L25209UR1984PLC011596 B-37 , Sector-1, Noida-201301, Distt. Gautam Budh Nagar (U.P.) India Board: +91.120.2443716-19, Fax: +91.120.2443724 Website: www.polyplex.com Registered Office: Lohia Head Road, Khatima - 262308, Distt. Udham Singh Nagar, Uttarakhand, India SR PARTICULARS DETAILS 7. Details and quantification of the None restriction or liability imposed upon the listed entity. 8. Whether, the said parties are related to The Investor is not related to any member of promoter/promoter group/ group the Promoter Group of the Company. companies in any manner. If yes, nature The Investor is a related party to the of relationship. Company given their shareholding therein. 9. Whether the transaction would fall Not Applicable within related party transactions? If yes, whether the same is done at “arm’s length”. 10. In case of issuance of shares to the Not Applicable parties, details of issue price, class of shares issued. 11. Any other disclosures related to such Investor has 1 (one) nominee on the board of agreements, viz., details of nominee on directors of the Company and its material the board of directors of the listed entity, subsidiary in Thailand. potential conflict of interest arising out of such agreements, etc. 12. In case of rescission, amendment or Please refer Point 3,5 & 6 above alteration, listed entity shall disclose additional details to the stock exchange(s): a) name of parties to the agreement; b) nature of the agreement c) date of execution of the agreement d) details and reasons for amendment or alteration and impact thereof (including impact on management or control and on the restriction or liability quantified earlier); e) reasons for rescission and impact thereof (including impact on management or control and on the restriction or liability quantified earlier). Polyplex Corporation Limited CIN: L25209UR1984PLC011596 B-37 , Sector-1, Noida-201301, Distt. Gautam Budh Nagar (U.P.) India Board: +91.120.2443716-19, Fax: +91.120.2443724 Website: www.polyplex.com Registered Office: Lohia Head Road, Khatima - 262308, Distt. Udham Singh Nagar, Uttarakhand, India Annexure B PROMOTER GROUP MEMBERS Serial No. Name of Promoter 1. Mahalaxmi Trading & Investment Company Limited 2. Secure Investments Limited 3. Sakhi Saraf Jt. With Sanjiv Saraf 4. Sakhi Saraf 5. Amla Saraf 6. Sanjiv Saraf Polyplex Corporation Limited CIN: L25209UR1984PLC011596 B-37 , Sector-1, Noida-201301, Distt. Gautam Budh Nagar (U.P.) India Board: +91.120.2443716-19, Fax: +91.120.2443724 Website: www.polyplex.com Registered Office: Lohia Head Road, Khatima - 262308, Distt. Udham Singh Nagar, Uttarakhand, India