The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sandeep Jindal & PACs

SANDEEP JINDAL 601, Shikhar A, New Adarsh Nagar No.1, Oshiwara, Jogeshwari West, Mumbai- 400102 Date: 28.07.2026 To, To, Corporate Relationship Department, The Compliance Officer, BSE Limited, Balgopal Commercial Limited, Phiroze Jeejeebhoy Tower, 901, 9th Floor, Crescent Royale, CTS No. 720 / 42- Dalal Street, Fort, Mumbai – 400001 46, Oshiwara Village, Andheri (West), Near VIP Plaza, Off New Link Road, Mumbai – 400053 Dear Sir, Subject: Disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Reference: Balgopal Commercial Limited – Scrip Code: 539834 In compliance with the provisions of Regulation 29(2) of the SEBI (SAST) Regulations, 2011, I, Sandeep Jindal, being the Promoter of Balgopal Commercial Limited (“the Company”), hereby submit the disclosure regarding the forfeiture of 2,62,000 Warrants of the Company. Kindly take the same on your record. Sandeep Jindal (Acquirer/Promoter) Format for Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Name of the Target Company (TC) BALGOPAL COMMERCIAL LIMITED ACQUIRER- SANDEEP JINDAL Name(s) of the acquirer and Persons Acting in PERSON ACTING IN CONCERT Concert (PAC) with the acquirer (PAC)- REFER ANNEXURE A Whether the acquirer belongs to Promoter/Promoter group Name(s) of the Stock Exchange(s) where the BOMBAY STOCK EXCHANGE (BSE) shares of TC are Listed Number % w.r.t. % w.r.t. total total diluted share/voting share/voting Details of the acquisition as follows capital capital of wherever the TC (**) applicable(*) Before the acquisition under consideration, holding of acquirer along with PACs of: a) Shares carrying voting rights (Refer 1,28,73,812 55.38 54.75 Annexure A) b) Shares in the nature of encumbrance - - - (pledge/ lien/ non-disposal undertaking/ others) c) Voting rights (VR) otherwise than by - - - equity shares d) Warrants/convertible securities/any other 2,62,000 NA 1.12 instrument that entitles the acquirer to receive shares carrying voting rights in the e) Total (a+b+c+d) 1,31,35,812 55.38 55.87 Details of acquisition/ forfeiture - - - a) Shares carrying voting rights acquired by - Sandeep Jindal - - b) VRs acquired otherwise than by equity shares (2,62,000) NA 1.12 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 - d) Shares in the nature of encumbrance (pledge/ lien/ non-disposal undertaking/ others) (2,62,000) NA 1.12 e) Total (a+b+c+/-d) After the acquisition, holding of acquirer along with PACs of: a) Shares carrying voting rights (Refer 1,28,73,812 55.38 55.38 Annexure B) - - - b) VRs otherwise than by equity 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) after acquisition d) Shares in the nature of encumbrance - - - (pledge/ lien/ non-disposal undertaking/ others) 1,28,73,812 55.38 55.38 e) Total (a+b+c+d) Mode of acquisition (e.g. open market / public Forfeiture of Warrants (2,62,000) issue / rights issue / preferential allotment / inter- se transfer/encumbrance, etc.) 40,00,000 Convertible Warrants were allotted on Preferential basis on 20th Date of acquisition of/ date of receipt of January, 2025 out of which 37,38,000 intimation of allotment of shares / VR/ warrants were converted and the warrants/convertible securities/any other remaining 2,62,000 warrants lapsed on instrument that entitles the acquirer to receive 19th July, 2026 and accordingly the shares in the TC. Company by Board Resolution Dated 25th July, 2026 have forfeiture the same. Equity share capital / total voting capital of the TC Rs. 23,24,80,000 (2,32,48,000 equity before the said acquisition shares of Rs 10 each) Equity share capital/ total voting capital of the TC Rs. 23,24,80,000 (2,32,48,000 equity after the said acquisition shares of Rs 10 each) Total diluted share/voting capital of the TC after Rs. 23,24,80,000 (2,32,48,000 equity the said acquisition shares of Rs 10 each) Signature of the Acquirer / Authorised Signatory Place: Mumbai Date: 28.07.2026 Note: (*) 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. Annexure- A Name of the Target Company: Balgopal Commercial Limited Name(s) of the acquirer % w.r.t. total % w.r.t. total diluted and Persons Acting in share/voting share/voting capital Number Concert (PAC) with the capital wherever of acquirer applicable(*) the TC (**) SANDEEP JINDAL- 37,76,801 16.25 16.06 ACQUIRER PERSON ACTING IN CONCERT (PAC) ALLIED COMMODITIES PVT 35,99,927 15.48 15.31 MRS. KIRAN DALMIA 6,86,400 2.95 2.92 MRS. KAMLA DEVI 6,70,800 2.89 28.85 JINDAL MRS. VIBHA SANDEEP 10 - - JINDAL INTELLECT STOCK 82,000 0.35 0.35 BROKING LIMITED BASUDEV DEALERS 35,57,874 15.30 15.13 PROMPT VANIJYA LLP 0 - - VIJAY LALTAPRASAD 5,00,000 2.15 2.13 YADAV TOTAL 1,28,73,812 55.38 54.75 Annexure- B Name of the Target Company: Balgopal Commercial Limited Name(s) of the acquirer % w.r.t. total % w.r.t. total diluted and Persons Acting in share/voting share/voting capital Number Concert (PAC) with the capital wherever of acquirer applicable(*) the TC (**) SANDEEP JINDAL- 37,76,801 16.25 16.25 ACQUIRER PERSON ACTING IN CONCERT (PAC) ALLIED COMMODITIES PVT 35,99,927 15.48 15.48 MRS. KIRAN DALMIA 6,86,400 2.95 2.95 MRS. KAMLA DEVI 6,70,800 2.89 2.89 JINDAL MRS. VIBHA SANDEEP 10 - - JINDAL INTELLECT STOCK 82,000 0.35 0.35 BROKING LIMITED BASUDEV DEALERS 35,57,874 15.30 15.30 PROMPT VANIJYA LLP 0 - - VIJAY LALTAPRASAD 5,00,000 2.15 2.15 YADAV TOTAL 1,28,73,812 55.38 55.38