Navigant Corporate Advisors Ltd ("Manager to the Offer") has submitted to BSE a copy of Draft Letter of Offer for the attention of the Equity Shareholders of Hittco Tools Ltd ("Target Company").

Navigant NAVIGANT CORPORATE ADVISORS LIMITED Regd. Office: 804, Meadows, Sahar Plaza Complex,J B Nagar, Andheri-Kurla Road, Andheri (East) Mumbai-400 059; Tel: +91-22- 4120 4837 / +91 22 4973 5078 Email: navigant@navigantcorp.com; Website:www.navigantcorp.com (CIN: L67190MH2012PLC231304) Date: 09.11.2026 The Manager Dept. of Corporate Services BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort Mumbai - 400 001 Sub: Submission of Draft Letter of Offer - Hittco Tools Limited (BSE Code: 531661) Dear Sir / Madam, With reference to the captioned Offer, we wish to inform you that the Draft Letter of Offer is being submitted to SEBI, Mumbai. We are enclosing herewith a copy of the said Draft Letter of Offer for your kind perusal. A copy of the same is also being submitted to Target Company. Thanks & Regards, For Navigant Corporate Advisors Limited Sarthak Vijlani Managing Director DRAFT LETTER OF OFFER THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION This Draft Letter of Offer is sent to you as a Shareholder(s) of HITTCO TOOLS LIMITED. If you require any clarifications about the action to be taken, you may consult your stockbroker or investment consultant or Manager or Registrar to the Offer. In case you have recently sold your Shares in the Company, please hand over this Draft Letter of Offer and the accompanying Form of Acceptance-cum-acknowledgement and Transfer Deed to the Member of the Stock Exchange through whom the said sale was effected. OPEN OFFER ("OFFER") Pursuant to Regulations 3(1) and 4 and applicable provisions of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and amendments thereto. TO THE SHAREHOLDERS OF HITTCO TOOLS LIMITED (Hereinafter referred as “HTL” or “the Target Company” or “TC” or “the Company”) having the Registered Office at No-17-C, KIADB Industrial Area, 2nd Phase, Peenya, Bangalore-560058; Phone No.: 080- 40865062; Email id: cs@hittco.com; / info@hittco.com ; Website: www.hittco.com Irfan Ismail Chapra S/o Mr. Ismail A Gani Chapra, 64 years old, an Indian Resident, currently residing at A-301, Fatima Villa, 29th Road, Opp. Pali Naka, Bandra West, Mumbai, Maharashtra – 400050. Tel. No. +91- 9869136651; Email: irfanchhapra@yahoo.com (hereinafter referred to as “the Acquirer-1”), Reshma Irfan Chapra W/o Mr. Irfan Ismail Chapra, 56 years old, an Indian Resident, currently residing at A-301, Fatima Villa, 29th Road, Opp. Pali Naka, Bandra West, Mumbai, Maharashtra – 400050. Tel. No. +91- 9992223674; Email: faraazchapra@gmail.com (hereinafter referred to as “the Acquirer-2”), Mubina Gulzar Sofia W/o Mr. Faraaz Irfan Chapra, 29 years old, an Indian Resident, currently residing at A-301, Fatima Villa, 29th Road, Opp. Pali Naka, Bandra West, Mumbai, Maharashtra – 400050. Tel. No. +91- 9819307875; Email: mubinasofia3105@gmail.com (hereinafter referred to as “the Acquirer-3”) (Acquirer-1, Acquirer-2 and Acquirer-3 being collectively referred to as “Acquirers) TO ACQUIRE Up to 58,77,261 Equity shares of Rs. 10/- each representing 26.00% of the Expanded equity and voting share capital of the Target Company at a price of Rs. 15.30/- (Rupees Fifteen and Paisa Thirty Only) per fully paid-up Equity Share and an offer price of Rs. 10.30/- (Rupees Ten and Paisa Thirty Only) per partly paid-up Equity Share. Please Note 1. This Offer is being made pursuant to the Regulation 3(1) and Regulation 4 of the SEBI (SAST) Regulations, 2011 and subsequent amendments thereof for substantial acquisition of shares / voting rights accompanied with change in control. 2. This Offer is not conditional upon any minimum level of acceptance by the shareholders of the Target Company in terms of Regulation 19(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. 3. As on date of this Draft Letter of Offer, no statutory approvals are required in relation to this Offer except as detailed in para 8.7.1. of this Draft Letter of Offer. 4. This Offer is not a competing offer in terms of Regulation 20 of the SEBI (SAST) Regulations. 5. There has been no competing offer or revision of Offer Price as on date of this Draft Letter of Offer this offer is not a competing offer. 6. Shareholders who have tendered shares in acceptance of the Open Offer by tendering the requisite documents, in terms of the Public Announcement / Detailed Public Statement/Letter of Offer, shall not be entitled to withdraw such acceptance during the tendering period. 7. The Procedure for acceptance is set out in Para 8 of this DLOF. A Form of Acceptance is enclosed with this DLOF. 8. If there is any upward revision in the Offer Price by the Acquirers at any time prior to commencement of the last one working day before the commencement of the tendering period viz. Wednesday, 16th December, 2026 you will be informed by way of another Announcement in the same newspapers in which the Detailed Public Statement pursuant to Public Announcement was published. The Acquirers shall pay such revised price for all shares validly tendered any time during the Offer and accepted under the Offer. 9. In the event of withdrawal of the Open Offer in terms of Regulation 23(1) of the SEBI (SAST) Regulations, 2011, the Acquirers (through the Manager to the Offer) shall, within 2 (Two) Working Days of such withdrawal, make a public announcement of such withdrawal, in the same Newspapers in which the Detailed Public Statement was published, stating the grounds for the withdrawal in accordance with Regulation 23(2) of the SEBI (SAST) Regulations and such public announcement shall be sent to SEBI, Stock Exchange(s) and the Target Company at its registered office. 10. Minimum lot size for the offer is 1 equity share. 11. A copy of the Public Announcement, detailed Public Statement and the Draft Letter of Offer (including Form of Acceptance- cum-Acknowledgement) would also available on SEBI’s Website: www.sebi.gov.in. 12. All correspondence relating to this offer, if any, should be addressed to the Manager to Offer or Registrar to the Offer at the address mentioned below: MANAGER TO THE OFFER REGISTRAR TO THE OFFER CAMEO CORPORATE SERVICES LIMITED NAVIGANT CORPORATE ADVISORS LIMITED Submaramanian Building, 1 Club House Road, 804, Meadows, Sahar Plaza Complex, J B Nagar, Andheri Chennai 600 002. Kurla Road, Andheri East, Mumbai-400 059 Tel No.: +91-44-4002 0700 (5 lines) Tel No. +91-22-4120 4837 / 4973 5078 E-mail Id: priya@cameoindia.com Email Id- navigant@navigantcorp.com Investor Grievance Email: investor@cameoindia.com Investor Grievance Email: info@navigantcorp.com Website: www.cameoindia.com Website: www.navigantcorp.com SEBI Registration No: INR000003753 SEBI Registration Number: INM000012243 Contact Person: Ms. K. Sreepriya Contact Person: Mr. Sarthak Vijlani OFFER OPENS ON: FRIDAY, 18TH DECEMBER, 2026 OFFER CLOSES ON: FRIDAY, 01ST JANUARY, 2027 SCHEDULE OF THE MAJOR ACTIVITIES OF THE OFFER Activity Date Day Public Announcement 26.10.2026 Monday Publication of Detailed Public Statement in newspapers 02.11.2026 Monday Submission of Detailed Public Statement to BSE, Target Company & SEBI 02.11.2026 Monday Last date of filing draft letter of offer with SEBI 09.11.2026 Monday Last date for a Competing offer 25.11.2026 Wednesday Receipt of comments from SEBI on draft letter of offer 02.12.2026 Wednesday Identified date* 04.12.2026 Friday Date by which letter of offer be dispatched to the shareholders 11.12.2026 Friday Last date for revising the Offer Price 16.12.2026 Wednesday Comments from Committee of Independent Directors of Target Company 16.12.2026 Wednesday Advertisement of Schedule of activities for open offer, status of 17.12.2026 Thursday statutory and other approvals in newspapers and sending to SEBI, Stock Exchange and Target Company Date of Opening of the Offer 18.12.2026 Friday Date of Closure of the Offer 01.01.2027 Friday Post Offer Advertisement 08.01.2027 Friday Payment of consideration for the acquired shares 15.01.2027 Friday [Showing first 8,000 characters — download PDF for full document]