Please find intimation w.r.t Acquisition of 26% stake in Arts EV Private Limited consequent upon execution of Share Purchase Agreement and Shareholder''s Agreement

CIN: L90001MH2001PLC130485West) - 400601 Phone: 022 – 4213 0300 | Email: Ref.: AW/COMP/SE/2026-27/30 Date: July 28, 2026 To, To, Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No.C-1, Dalal Street, Fort Block G, Bandra-Kurla Complex, Mumbai – 400001 Bandra (E), Mumbai 400051 Scrip Code: 543254 Symbol: AWHCL Dear Madam/Sir, Sub. : Acquisition of 26% stake in Arts EV Private Limited consequent upon execution o f Share Purchase Agreement and Shareholders’ Agreement Ref. : Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 (‘SEBI Listing Regulations’) We wish to inform you that the Company has entered into a Share Purchase Agreement (‘SPA’) and Shareholders' Agreement (‘SHA’), both dated July 28, 2026, with Antony Road Transport Solutions Private Limited (‘Antony Road Transport’), an entity forming part of the Promoter Group of the Company, for acquisition of a 26% stake in Arts EV Private Limited (‘Arts EV’). Arts EV is the special purpose vehicle incorporated to undertake the business of procurement, operation and maintenance of up to 800 electric buses in Delhi, under the PM E-DRIVE Scheme, which has been awarded to the consortium comprising the Company and Antony Road Transport. A detailed rationale of the Strategic business initiative along with other details required under the SEBI Listing Regulations read with the SEBI Master Circular HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, are provided in Annexure A. This is for your information and records please. Thanking you, Yours faithfully, For and on behalf of ANTONY WASTE HANDLING CELL LIMITED HARSHADA RANE COMPANY SECRETARY & COMPLIANCE OFFICER A34268 Enc. a/a Registered Office: A-59, Road No. 10, Wagle Industrial Estate, Thane (West) – 400604, Maharashtra, India Phone: 022 – 3544 9555 | Email: info@antonywaste.in | Website: www.antony-waste.com CIN: L90001MH2001PLC130485West) - 400601 Phone: 022 – 4213 0300 | Email: Annexure A Details under Regulation 30 the SEBI Listing Regulations read along with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Particulars Details 1. Name of the target entity, Name of Target Entity: Arts EV Private Limited (‘Arts details in brief such as size, EV’), incorporated on June 16, 2026, under the turnover etc. Companies Act, 2013, as a wholly owned subsidiary of Antony Road Transport Solutions Private Limited (‘Antony Road Transport’). Authorised Share Capital: ₹ 15,00,000 (Indian Rupees Fifteen Lakh only). Paid-up Share Capital: ₹ 1,00,000 (Indian Rupees One Lakh only). Turnover: Not Applicable, being a recently incorporated entity. 2. Whether the acquisition Antony Road Transport is an entity forming part of the would fall within related party Promoter Group of the Company. Arts EV, being a transaction(s) and whether the wholly owned subsidiary of Antony Road Transport, is promoter/ promoter group/ accordingly also a promoter group entity of the group companies have any Company. interest in the entity being acquired? If yes, nature of The proposed secondary acquisition of a 26% stake in interest and details thereof Arts EV from Antony Road Transport is classified as a and whether the same is done related party transaction and will be undertaken on an at ‘arm’s length’ arm’s length basis in accordance with the Shareholders’ Agreement (‘SHA’) and Share Purchase Agreement (‘SPA’) entered into between the parties. 3. Industry to which the entity Passenger transport (Electric Mobility). being acquired belongs 4. Objects and impact of As part of Company’s long-term strategy to explore acquisition (including but not scalable adjacent non-municipal business verticals, limited to, disclosure of the Company has evaluated emerging opportunities in reasons for acquisition of the mobility and transportation ecosystem. As part of target entity, if its business is this evaluation, the Company identified passenger bus outside the main line of hygiene, sanitation and cleaning services as a high- business of the listed entity) potential segment, supported by increasing privatisation, electrification and fleet modernisation in India’s public and quasi-public bus transportation Registered Office: A-59, Road No. 10, Wagle Industrial Estate, Thane (West) – 400604, Maharashtra, India Phone: 022 – 3544 9555 | Email: info@antonywaste.in | Website: www.antony-waste.com CIN: L90001MH2001PLC130485West) - 400601 Phone: 022 – 4213 0300 | Email: Particulars Details sector, including under Government-sponsored electric mobility schemes. Further to the above, the Company, in consortium with Antony Road Transport, a Promoter Group entity with established domain expertise in fleet procurement, deployment and operations, has been awarded a mandate for the procurement, operation and maintenance of upto 800 electric public transport buses in Delhi under the PM E-DRIVE Scheme. In terms of the Definitive Agreements, the inter-se roles and responsibilities of the consortium members are clearly demarcated, with Antony Road Transport, as the Lead Member to hold a 74% stake, bearing sole and exclusive responsibility for business development, fleet procurement, financing/funding requirements, day-to-day running and overall operational management of the electric bus fleet held by the SPV, leveraging its established industry expertise in the road transport sector, while the Company, as the Strategic Member to hold a 26% stake, shall be responsible for providing bus cleaning, sanitation and allied hygiene-management services to the SPV’s fleet, thereby extending the Company’s proprietary ‘Click2Clean’ service offering into the electric mobility ecosystem. Any additional capital contribution by the parties, if required and mutually agreed, shall be made solely to meet lender requirements and facilitate implementation of the project, without altering the agreed inter-se roles and responsibilities of the consortium members. 5. Brief details of any None governmental or regulatory approvals required for the acquisition 6. Indicative time period for Within 2 months completion of the acquisition 7. Consideration - whether cash Cash consideration or share swap Registered Office: A-59, Road No. 10, Wagle Industrial Estate, Thane (West) – 400604, Maharashtra, India Phone: 022 – 3544 9555 | Email: info@antonywaste.in | Website: www.antony-waste.com CIN: L90001MH2001PLC130485West) - 400601 Phone: 022 – 4213 0300 | Email: Particulars Details or any other form and details of the same; 8. Cost of acquisition and/or the The consortium is structured with an equity price at which the shares are shareholding ratio of 74:26 between Antony Road acquired; Transport (Lead Member) and the Company, respectively. 9. Percentage of shareholding / control acquired and / or Accordingly, in terms of the SPA, the Company will number of shares acquired; acquire a 26% stake in Arts EV from Antony Road Transport, comprising 2,600 equity shares of face value of ₹10/- each, for an aggregate consideration of ₹ 26,000/-, pursuant to which Arts EV will become an associate company of the Company. 10. Brief background about the Brief Background: Refer to Sr. No. 1 and Sr. No. 3 above. entity acquired in terms of products/line of business Date of Incorporation: 16 June 2026. acquired, date of incorporation, history of last 3 Country of Presence: India. years’ turnover, country in which the acquired entity has History of last 3 years’ turnover: Not applicable, Arts EV presence and any other having been recently incorporated. significant information (in brief) Registered Office: A-59, Road No. 10, Wagle Industrial Estate, Thane (West) – 400604, Maharashtra, India Phone: 022 – 3544 9555 | Email: info@antonywaste.in | Website: www.antony-waste.com