INTIMATION FOR SUBSCRIPTION OF EQUITY SHARES IN THE SUBSIDIARY RATNAMANI MIDDLE EAST COMPANY LLC, DAMMAM, KINGDOM OF SAUDI ARABIA (KSA)

RMTL/SEC/REG.30/SUBS/2026-27 June 23, 2026 BSE Ltd. National Stock Exchange of India Ltd. Corporate Relationship Department “Exchange Plaza”, 5th Floor, 1st Floor, New Trading Ring, Bandra – Kurla Complex, Rotunda Building, P. J. Tower, Bandra (E), Dalal Street, Fort, Mumbai – 400 001 Mumbai - 400 051 Company Code : 520111 Company Code : RATNAMANI Subject: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the subscription to shares of Ratnamani Middle East Company, LLC at Dammam, Kingdom of Saudi Arabia (KSA). Dear Sir/Madam, We refer to our intimation dated April 10, 2025, wherein we had intimated about entering into Joint Venture cum Shareholders Agreement (“JVA/SA”) between Ratnamani Metals & Tubes Limited and Saudi Electric Supply Company Limited, Dammam, Kingdom of Saudi Arabia to provide the critical tubing solutions to the consumers in the Kingdom of Saudi Arabia (KSA) / Gulf Co-operation Council (GCC) Countries and even to the rest of the world on opportunities basis. The JV shall also fulfil the objective of manufacturing seamless products locally, which are presently being imported by the consumers of KSA / GCC. We also refer to the intimation dated August 26, 2025, wherein we had intimated about the incorporation of the subsidiary company in the form of Joint Venture, at Dammam, Kingdom of Saudi Arabia (KSA) in the name of “RATNAMANI MIDDLE EAST COMPANY, LLC” (“the JC Company”) on August 25, 2025. As agreed, that the shareholdings of the JV Company shall be that 75% of the equity shareholding in the JV Company shall be with the Company and 25% of the equity shareholding shall be with SESCO group. In pursuance to the same, we wish to inform you that the Company has on June 23, 2026 subscribed to 75 Equity Shares of Saudi Arabia Riyal (SAR) 20,000 each, being (75% of the paid up capital) and paid SAR 15,00,000 to Ratnamani Middle East Company LLC. This is a follow up intimation for subscription of shares in the said company. This intimation is also being uploaded on Company’s website at www.ratnamani.com. Please take the above on your record. Thanking you, Yours faithfully, For, RATNAMANI METALS & TUBES LIMITED ANIL MALOO COMPANY SECRETARY & COMPLIANCE OFFICER