Acquisition

MITCON/Secretarial/2026-27/19 August 03, 2026 Listing Department, National Stock Exchange India Limited Exchange Plaza, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai-400051 NSE SYMBOL: MITCON Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Schedule III to the said Regulations, we wish to inform you that MITCON Credentia Trusteeship Services Limited, a subsidiary of the Company has today i.e. on August 3, 2026, remitted Subscription Money in connection with its investment in “MITCON Credentia Repository Services Limited” and “MITCON Credentia Corporate Support Services Limited”, wholly owned subsidiary(ies) incorporated on June 19, 2026 and July 9, 2026 respectively. The disclosures pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Para A of Part A of Schedule III of the aforesaid regulations are mentioned in below table: A. MITCON Credentia Repository Services Limited 1. Name of the step-down subsidiary, Name: MITCON Credentia Repository Services Limited details in brief such as size, turnover Authorized Share Capital: Rs. 50,00,000 etc.; Paid-up Share Capital: Rs. 50,00,000 Turnover as on March 31, 2026 – Not applicable as the Company was incorporated on June 19, 2026 2. a) Whether the acquisition would fall Yes it is Related Party Transaction. MITCON Credentia Trusteeship Services Limited, within related party transaction(s) and subsidiary of MITCON Consultancy & Engineering Services Limited (Ultimate Holding whether the promoter/ promoter Company) has incorporated a wholly owned subsidiary i.e “MITCON Credentia Repository group/ group companies have any Services Limited”. The Ultimate Holding Company does not have promoter or promoter interest in the entity being acquired? If group/ promoter group Companies. yes, nature of interest and details thereof and whether the same is done at “arm’s length”; 3. Industry to which the entity being Repository Services (Registrar and Transfer Agent) incorporated belongs; 4. a) Objects and impact of With an intent to expand business in the field of Repository Services. It will result in growth of acquisition(including but not limited Ultimate Holding Company. to, disclosure of reasons for Incorporation of step-down subsidiary, if its business is outside the main line of business of the listed entity); 5. b ) Brief details of any governmental or None regulatory approvals required for the Incorporation; 6. c) Indicative time period for completion NA as Company incorporated on June 19, 2026 of the Incorporation; 7. d ) Nature of consideration - whether Cash cash consideration or share swap and details of the same; 8. e) Price at which the shares are Remittance of Rs. 50,00,000/- on August 3, 2026, towards Subscription of 5,00,000 Equity shares subscribed; at par value of Rs. 10 each by MITCON Credentia Trusteeship Services Limited along with its Nominees 9. f) Percentage of shareholding / control 100% of the Paid-Up Capital of Holding company over the proposed subsidiary; 10. g) Brief background about the entity The Entity was incorporated as a Wholly Owned Subsidiary of MITCON Credentia Trusteeship to be incorporated in terms of Services Limited which itself is a subsidiary of the listed entity, which makes the Company a step- products/line of business, date of down subsidiary of MITCON Consultancy & Engineering Services Limited. The entity was incorporation, history of last 3 incorporated on June 19, 2026 in India and the Company will be engaged in the field of Repository years turnover, country in which Services. Turnover and last 3 year details are not applicable as the entity is incorporated on June the acquired entity has presence 19, 2026. and any other significant information (in brief); B. MITCON Credentia Corporate Support Services Limited 1. Name of the step-down subsidiary, Name: MITCON Credentia Corporate Support Services Limited details in brief such as size, turnover Authorized Share Capital: Rs. 15,00,000 etc.; Paid-up Share Capital: Rs. 1,00,000 Turnover as on March 31, 2026 – Not applicable as the Company was incorporated on July 09, 2026 2. b ) Whether the acquisition would fall Yes it is Related Party Transaction. MITCON Credentia Trusteeship Services Limited, within related party transaction(s) and subsidiary of MITCON Consultancy & Engineering Services Limited (Ultimate Holding whether the promoter/ promoter Company) has incorporated a wholly owned subsidiary i.e “MITCON Credentia Corporate group/ group companies have any Support Services Limited”. The Ultimate Holding Company does not have promoter or interest in the entity being acquired? If promoter group/ promoter group Companies. yes, nature of interest and details thereof and whether the same is done at “arm’s length”; 3. Industry to which the entity being Ancillary Corporate Support and Secretarial Services incorporated belongs; 4. h ) Objects and impact of With an intent to expand business in the field of Ancillary Corporate Support and Secretarial acquisition(including but not limited Services. It will result in growth of Ultimate Holding Company. to, disclosure of reasons for Incorporation of step-down subsidiary, if its business is outside the main line of business of the listed entity); 5. i) Brief details of any governmental or None regulatory approvals required for the Incorporation; 6. j) Indicative time period for completion NA as Company was incorporated on July 9, 2026 of the Incorporation; 7. k) Nature of consideration - whether Cash cash consideration or share swap and details of the same; 8. l) Price at which the shares are Remittance of Subscription money of Rs. 1,00,000/- on August 3, 2026 towards Subscription of subscribed; 10,000 Equity shares at par value of Rs. 10 each by MITCON Credentia Trusteeship Services Limited along with its Nominees 9. m ) Percentage of shareholding / control 100% of the Paid-Up Capital of Holding company over the proposed subsidiary; 10. n) Brief background about the entity The Entity has been incorporated as a Wholly Owned Subsidiary of MITCON Credentia to be incorporated in terms of Trusteeship Services Limited which itself is a subsidiary of the listed entity, which makes the products/line of business, date of Company a step-down subsidiary of MITCON Consultancy & Engineering Services Limited. The incorporation, history of last 3 entity was incorporated on July 09, 2026 in India and the Company will be engaged in the field of years turnover, country in which Ancillary Corporate Support and Secretarial Services. Turnover and last 3 year details are not the acquired entity has presence applicable as the entity is incorporated on July 09, 2026. and any other significant information (in brief); This is for your information. Kindly take the same on record. Thanking You. Yours faithfully, For MITCON Consultancy & Engineering Services Limited Ms. Ankita Agarwal Head of Compliance & Legal