We hereby disclose the termination of Loan Agreement, entered with S.P. Apparels (UK) (P) Limited, a wholly owned subsidiary company.

July 30, 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’) – Termination of Loan Agreement. Ref: Intimation filed by the Company with the Stock Exchange dated June 11, 2026. 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 had earlier intimated to the Stock Exchanges regarding Loan Agreement (“Agreement”) entered into between S.P Apparels Limited and S.P. Apparels (UK) (P) Limited, a Wholly owned subsidiary (‘WOS’) of the Company on June 11, 2026. However, no loan amount was disbursed by the Lender to the Borrower pursuant to the said Agreement. Accordingly, as the agreed conditions under the Agreement were not fulfilled and the loan was not disbursed, the aforesaid Loan Agreement has been terminated in accordance with the terms thereof. The termination of the Loan Agreement does not have any material financial impact on the Company. 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 Not Applicable c. Size of agreement Not Applicable Shareholding, if any, in the entity with d. whom the agreement is executed Not Applicable e. Significant terms of the agreement (in Not Applicable brief) special rights like right to appoint directors, first right to share subscription in case of issuance of shares, right to restrict any change in capital structure etc Whether, the said parties are related to f. promoter/promoter group/ group Not Applicable companies in any manner. If yes, nature of relationship Whether the transaction would fall within g. related party transactions? If yes, whether Not Applicable the same is done at “arm’s length” In case of issuance of shares to the parties, h. details of issue price, class of shares issued Not Applicable In case of loan agreements, details of i. lender/borrower, nature of the loan, total Not Applicable amount of loan granted/taken, total amount outstanding, date of execution of the loan agreement/sanction letter, details of the security provided to the lenders / by the borrowers for such loan or in case outstanding loans lent to a party or borrowed from a party become material on a cumulative basis Any other disclosures related to such j. agreements, viz., details of nominee on the Not Applicable board of directors of the listed entity, potential conflict of interest arising out of such agreements, etc in case of termination or amendment of k. agreement, listed entity shall disclose additional details to the stock exchange(s) i. name of parties to the agreement; S.P. Apparels Limited, (“the Lender”) and S.P. Apparels (UK) (P) Limited, (“Borrower”) a Wholly owned subsidiary of the Company. ii. nature of the agreement; Loan Agreement iii. date of execution of the agreement; June 11, 2026 iv. details of amendment and impact The agreement terminated due to not thereof or reasons of termination and fulfilled the agreed conditions under the impact thereof. Agreement. There is no impact on the business of the Company.