The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shirdi Sai Electricals Ltd

SHIRDI SAI ELECTRICALS LIMITED (CIN: U31401TG2010PLC069777) Regd. Office: G Pulla Reddy Sweets Building, 3rd Floor, # 6-3-8-879/B, Greenland Road, Begumpet, Hyderabad-500016, Telangana. Tel: +91 4040035777, Email: info@ssel.in, Website: www.ssel.in Date:10.11.2026 Department of Corporate Services Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Dalal Street, Fort, Bandra Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai – 400 051 S crip Code: 532717 Symbol: INDOTECH Dear Sir/Madam Sub: Disclosure under Regulation 29(2) read with Regulation 29(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 2011, as amended (“Takeover Regulations”). This disclosure is being made by Shirdi Sai Electricals Limited (the “Company”), the Promoter of Indo-Tech Transformer Limited (“Indo Tech”) in connection with release of pledge over 13,29,624 equity shares (“Release Shares”) of Indo Tech Transformers Ltd. The Release Shares were previously pledged in favour of Catalyst Trusteeship Limited acting in its capacity as the security trustee, for benefit of the debenture holders of Shirdi Sai Electrical Limited Please find enclosed herewith the disclosure, as required to be submitted under Regulation 29(2) read with Regulation 29(4) of SEBI Takeover Regulations. Thanking you, For Shirdi Sai Electricals Limited Signature of the Authorised person Name: Visweswara Reddy Narreddy Place: Hyderabad Date: 10.11.2026 SHIRDI SAI ELECTRICALS LIMITED (CIN: U31401TG2010PLC069777) Regd. Office: G Pulla Reddy Sweets Building, 3rd Floor, # 6-3-8-879/B, Greenland Road, Begumpet, Hyderabad-500016, Telangana. Tel: +91 4040035777, Email: info@ssel.in, Website: www.ssel.in Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 INDO-TECH TRANSFORMERS LIMITED Name of the Target Company (TC) SHIRDI SAI ELECTRICALS LIMITED Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer Whether the acquirer belongs to Promoter/Promoter group BSE and NSE Name(s) of the Stock Exchange(s) where the shares of TC are Listed Number % w.r.t.total % w.r.t. total share/voting diluted Details of the acquisition / disposal as follows capital share/voting wherever capital of the TC applicable(*) (**) Before the acquisition under consideration, holding of : a) Shares carrying voting rights 74,65,000 70.29 % 70.29 % b) Shares in the nature of encumbrance (pledge/ lien/ (61,52,236) (57.93 %) (57.93%) non-disposal undertaking/ others) c) Voting rights (VR) otherwise than by shares d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the T C (specify holding in each category) 13,12,764 12.36 % 12.36 % e) Total (a+b+c+d) Details of acquisition/sale a) Shares carrying voting rights acquired/sold b) VRs acquired /sold otherwise than by shares c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired/sold d) Shares encumbered / invoked/released by the acquirer (Release of pledge on 09/11/2026) 13,29,624 12.52% 12.52 % e) Total (a+b+c+/-d) 13,29,624 12.52 % 12.52 % SHIRDI SAI ELECTRICALS LIMITED (CIN: U31401TG2010PLC069777) Regd. Office: G Pulla Reddy Sweets Building, 3rd Floor, # 6-3-8-879/B, Greenland Road, Begumpet, Hyderabad-500016, Telangana. Tel: +91 4040035777, Email: info@sse l.in, Websi te: www.ssel.i n After the acquisition/sale, holding of: a) Shares carrying voting rights 74,65,000 70.29 % 70.29% b) Shares encumbered with the acquirer (48,22,612) (45.41%) (45.41%) (Closing balance of encumbered shares of the acquirer) c) VRs otherwise than by shares d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition 26,42,388 24.88 % 24.88 % e) Total (a+b+c+d) Mode of acquisition / sale (e.g. open market / off-market / Release of Pledge public issue / rights issue / preferential allotment / inter-se transfer etc)./ release Date of acquisition / sale of shares / VR or date of receipt of 09.11.2026 (Date of release of Pledge) intimation of allotment of shares, whichever is applicable 1,06,20,000 equity shares of Rs.10/- each Equity share capital / total voting capital of the TC before the aggregating Rs. 10,62,00,000/- as per said acquisition / sale release * shareholding pattern for quarter ended 30-09- 2026 published on stock exchange(s). 1,06,20,000 equity shares of Rs.10/- each Equity share capital/ total voting capital of the TC after the aggregating Rs. 10,62,00,000/- as per said acquisition / sale release * shareholding pattern for quarter ended 30-09- 2026 published on stock exchange(s). 1,06,20,000 equity shares of Rs.10/- each Total diluted share/voting capital of the TC after the said aggregating Rs. 10,62,00,000/- as per acquisition / sale release ** shareholding pattern for quarter ended 30-09- 2026 published on stock exchange(s). (*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement. (**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC. Signature of the acquirer / seller / Authorised Signatory For SHIRDI SAI ELECTRICALS LIMITED Signature of the Authorised person Name: Visweswara Reddy Narreddy Place: Hyderabad Date: 10.11.2026