Sumedha Fiscal Services Ltd ("Manager to the Open Offer") has submitted to BSE a copy of Detailed Public Statement for the attention of the Equity Shareholders of AI Champdany Industries Ltd ("Target Company").

Sumedha Fiscal Services Ltd. CIN: L70101WB1989PLC047465 Registered & Corporate Office: 8B Middleton Street, 6A Geetanjali, Kolkata – 700071 Tel. : + 91 33 2229 6758 / 6813 5900 E-mail: takeover_mb@sumedhafiscal.com Website: www.sumedhafiscal.com Date: November 09, 2026 BSE Limited, PJ. Towers, Dalal Street, Mumbai - 400001, Maharashtra, India. Submission of Detailed Public Statement to the Public Shareholders of AI Champdany Subject : Industries Limited. Open Offer for acquisition of up to 79,95,997 (Seventy Nine Lakhs Ninety Five Thousand Nine Hundred Ninety Seven) fully paid up Equity Shares of face value of ₹ 5/- (Indian Rupees Five Only) each (“Offer Shares”) of AI Champdany Industries Limited (“Target Company”) from Public Shareholders (as defined below) representing 26%* of the Equity share capital and 24.64%* of the Equity and Voting Share Capital (as defined below) of the Target Company by M/s. Gunny Dealers Limited (hereinafter referred to as “Acquirer 1”) and M/s. G Jerambhai Exports Limited (hereinafter referred to as “Acquirer 2”) hereinafter collectively referred to as “Acquirers” and Mr. Nirmal Pujara$ (hereinafter referred to as PAC 1), Ms. Jyoti Bhushan Wadhwa (hereinafter referred to as “PAC 2”), Gojer Bros Private Limited (hereinafter referred to as PAC 3), Libra Transport Limited (hereinafter referred to as PAC 4), Cooper Housing Estate Private Limited (hereinafter referred to as PAC 5), Shibir India Limited (hereinafter referred to as PAC 6), Amar Investments Limited (hereinafter referred to as PAC 7), Reference : Rishra Investments Limited (hereinafter referred to as PAC 8), Mcgregor and Balfour (India) Limited (hereinafter referred to as PAC 9), Coopers Capital Markets Limited (hereinafter referred to as PAC 10), Coopers Wealth Advisors Limited (hereinafter referred to as PAC 11), National Electronics Private Limited (hereinafter referred to as PAC 12), M/s Damodardas Jerambhai Wadhwa Trustee of Nabadeva Kuldeva (hereinafter referred to as PAC 13), M/s Damodardas Jerambhai Wadhwa Trustee of VB Seva Trust (hereinafter referred to as PAC 14), M/s Damodardas Jerambhai Wadhwa Trustee of Mahabir Sitaram (hereinafter referred to as PAC 15) and M/s Damodardas Jerambhai Wadhwa Trustee of Kalishankar Radheshyam (hereinafter referred to as PAC 16) pursuant to and in compliance with Regulations 3(2) read with 13(1), 14 and 15(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended (the “SEBI (SAST) Regulations” and reference to a particular “Regulation” shall mean the particular regulation of the SEBI (SAST) Regulations (the “Offer” or “Open Offer”). Dear Sir/ Madam, We, Sumedha Fiscal Services Limited, are the Manager to the Offer (“Manager”) in respect of the Open Offer announced by Gunny Dealers Limited (“Acquirer 1”) and G Jerambhai Exports Limited (“Acquirer 2”), collectively referred to as the “Acquirers”, for the acquisition of up to 79,95,997 Equity Shares, representing 26% of the Equity Share Capital and 24.64% of Equity and Voting Share Capital of AI Champdany Industries Limited (“Target Company”), from its Public Shareholders, pursuant to the provisions of Regulation 3(2) and other applicable provisions of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“SEBI (SAST) Regulations”). This Open Offer is being made pursuant to Regulation 3(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“SEBI (SAST) Regulations”), in accordance with the Share Purchase Agreement dated November 02, Sumedha Fiscal Services Ltd. CIN: L70101WB1989PLC047465 Registered & Corporate Office: 8B Middleton Street, 6A Geetanjali, Kolkata – 700071 Tel. : + 91 33 2229 6758 / 6813 5900 E-mail: takeover_mb@sumedhafiscal.com Website: www.sumedhafiscal.com 2026, executed between Acquirer 2 and Jayshree Wadhwa (“Seller”), in respect of the acquisition of all the equity shares held by Seller in the Target Company, constituting 13.25% of the equity share capital and 9.44% of the equity and preference voting share capital of the Target Company, through on market, at a price determined at the time of Execution of the trade (“Purchase Price”). In this regard and in compliance with the provisions of Regulations 13(4), 14(3), and 15(2) of the SEBI (SAST) Regulations, the Detailed Public Statement dated Saturday, November 07, 2026 for the aforesaid Offer has been published on Sunday, i.e., November 08, 2026 in Financial Express (English Language) (All Edition), Jansatta (Hindi Language) (All Edition), Mumbai Lakshwadeep (Marathi Language) (Mumbai Edition). However, Bengali Language, Kolkata edition was published in Aajkaal (Bengali Language) (Kolkata Edition) on Monday i.e., November 09, 2026 (hereinafter collectively referred to as ‘Newspapers’) (‘Detailed Public Statement’). A copy of one of the e-Newspaper as published in Financial Express has been enclosed herewith for your kind perusal. We kindly request you to upload the Detailed Public Statement on your website at the earliest. We trust that the above is in order and remain at your disposal should you require any further information. Thanking you, Yours faithfully, For Sumedha Fiscal Services Limited Ajay K Laddha President- Investment Banking Encl.: As above