Detailed Public Statement in connection with the open offer made by Mr. Karronn Naresh Bajaj (Acquirer) under Regulation 4 of SEBI (SAST) Regulations, 2011 for acquisition of shares of ....

MITSHI INDIA LIMITED (Formerly known as Dera Paints & Chemical Limited) : CIN: L91 100MH1990PLC057373 Regis At ae rr ee yd ilOf kf ic Ce o: o2 n0 y4 B M- uW mi bn ag i, M Ga os rt eer aoM ni nd astI ,II , ME hB au ri al sd hi tn rg Aa Ir ne dy ia , Mi 4l 0k 06C 5o lony, Email [D- mitshi.india@email.com | shahkumar2 Vamilshi.in Website: www.mitshi.in | Tel,:9870020305 Date: July 30, 2026 BSE Limited, P.J. Towers, Dalal Street, Mumbai —400001, Maharashtra, India Reference: ISIN — INE844D01017; Scrip Code: 523782; Symbol- MITSHI Dear Siri Ma'am, We have received a copy of the Detailed Public Statement published in newspaper from Srujan Alpha Capital Advisors LLP (Lead Manager to the Iss ue), in Connection with the open offer made by Mr. Karronn Naresh Bajaj (“Acquirer”), under Regulation 4 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for acquisition of shares of Mitshi India Limited (Target Company). We have enclosed a copy of the Detailed Public Statement with this letter, Kindly take the above on record, Thanking you Yours faithfully, For Mitshi India Limited Kumar Vasantilal S Managing Direct DIN: 01451912 ‘x SRUJAN ALPHA CAPITAL ADVISORS Adding Alpha to Value Date: July 30, 2026 The Manager BSE Limited P.J. Towers, Dalal Street, Mumbai - 400001 Dear Sir/ Ma’am, Sub: Open offer to acquire up to 22,88,000 representing 26% of the total voting share capital of Mitshi India Limited (the “Target Company”) by Mr. Karronn Naresh Bajaj (“Acquirer”) at a price of 15/- per fully paid up shares This is with reference to the captioned Open Offer to public shareholders of the Target Company and our email and letter dated July 23, 2026 submitting the Public Announcement (“PA”). We, in capacity of Manager to the Open Offer and in compliance with Regulation 13(4) of the SEBI (SAST) Regulation and pursuant to Regulation 14(4) of the SEBI (SAST) Regulation have published the Detailed Public Statement dated July 29, 2026 on July 30, 2026 (“DPS*) in the following newspapers: Sr. No. | Newspaper Language | Edition 1. Financial Express English All Editions 2. Jansatta Hindi All Editions 3. Pratahkal Marathi Mumbai Edition - Place of Stock Exchange at which shares of Target Company are listed Place of Registered office of Target Company ‘We request you to kindly upload the Detailed Public Statement on your website. Thanking you, For Srujan Alpha Capital Advisors LLP Jinesh Doshi Designated Partner Encl: As above SRUJAN ALPHA CAPITAL ADVISORS LLP | Cor. Off.: 1814/1815, 9, Business Bay, Mindspace, Chincholi Bunder Road, Malad (West), Mumbai 400064, Maharashtra. SEBI Reg. Cat. | Merchant Banker 405, Crystal Mall, Sawai Jai Singh Highway, Bani Park, Jaipur - 302 016 ation No.: AAW-1680 Merchant Banking | Valuation | Corporate Advisory | Regd. Off. : 1124, 1st Floor, Arun Bazar, S. V. Road, Malad (W), Mumbai - 400 064 SEBI Registration No.: INM000012829