Agreements

July 29, 2026 The Listing Department The Listing Department Bombay Stock Exchange Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, 'Exchange Plaza', Dalal Street, Bandra-Kurla Complex, Bandra (East), Mumbai – 400 001. Mumbai – 400 051. Scrip Code: 540048 Symbol: SPAL Dear Sir/Madam, SUB: Disclosure under Regulation 30 of the SEBI (Listing Obligation & Disclosure Requirements) Regulation, 2015, as amended (SEBI Listing Regulation’) -Intimation of loan agreement with M/s. S.P. APPARELS (UK) (P) LIMITED, a wholly owned subsidiary (WOS) of the company. Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Regulation Requirements) Regulations, 2015, as amended, we hereby inform you that the Company has entered into a Loan Agreement (“Agreement”) with S.P. Apparels (UK) (P) Limited, a Wholly owned subsidiary (‘WOS’) of the Company, for its business and operations. The Details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed as Annexure A. Kindly take on record the above information. Thanking you, Yours faithfully, For S.P.Apparels Limited K.Vinodhini Company Secretary and Compliance Officer Encl: As above Annexure A Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 S.No Particulars Details a. Name(s) of parties with whom the The Loan Agreement (“the Agreement”) agreement is entered has been entered into between S.P. Apparels Limited, (“the Lender”) and S.P. Apparels (UK) (P) Limited, (“Borrower”) a Wholly owned subsidiary of the Company. b. Purpose of entering into the agreement Loan facility exclusively for its business and operations. c. Size of agreement For an amount up to a maximum limit of GBP 4,50,000 d. Shareholding, if any, in the entity with The Company holds 100% shares of the whom the agreement is executed Borrower. e. Significant terms of the agreement (in The Agreement does not contain terms brief) special rights like right to appoint pertaining to right to appoint directors, first directors, first right to share subscription right to share subscription in case of in case of issuance of shares, right to issuance of shares, right to restrict any restrict any change in capital structure etc change in capital structure. Tenure: The Loan shall be payable on demand or within 3 year whichever is earlier Interest Payment: The Borrower agrees and undertakes that it shall pay an interest on the Facility Amount at the rate of 7% per annum payable with annual rests f. Whether, the said parties are related to The Borrower is a wholly owned subsidiary promoter/promoter group/ group of the Company. companies in any manner. If yes, nature of relationship Save and except what is mentioned above, the Promoters/promoter group/group companies are not interested in the transaction. g. Whether the transaction would fall within Yes, the Borrower is a wholly owned related party transactions? If yes, whether subsidiary of the Company and therefore the same is done at “arm’s length” the transaction would fall within the related party transactions. The said transaction is at arms’ length. h. In case of issuance of shares to the parties, Not Applicable details of issue price, class of shares issued i. In case of loan agreements, details of Details of the lender/borrower lender/borrower, nature of the loan, total amount of loan granted/taken, total Lender: S.P. Apparels Limited amount outstanding, date of execution of Borrower:, S.P. Apparels (UK) (P) Limited the loan agreement/sanction letter, details Nature of the loan: Unsecured loan of the security provided to the lenders / by Total amount of loan granted: For an the borrowers for such loan or in case amount not exceeding GBP 4,50,000. outstanding loans lent to a party or Date of execution of Loan Agreement: July borrowed from a party become material on 29, 2026 a cumulative basis Details of the security provided: None (Unsecured Loan) j. Any other disclosures related to such Not Applicable agreements, viz., details of nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreements, etc k. in case of termination or amendment of Not Applicable agreement, listed entity shall disclose additional details to the stock exchange(s) i. name of parties to the agreement; ii. nature of the agreement; iii. date of execution of the agreement; iv. details of amendment and impact thereof or reasons of termination and impact thereof.