Disclosure under SEBI Takeover Regulations

SEC: 012:26-27/TS/31.07.2026 The National Stock Exchange of India Limited BSE Limited, Listing Department Exchange Plaza, Department of Corporate Services 5th Floor, Plot no. C/1, G- Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Fort, Mumbai 400 051. Mumbai 400 001. Symbol: WHEELS Scrip Code: 590073 Dear Sir/Madam, Sub: Inter-se transfer of Equity Shares between Promoters of Wheels India Limited Re: Disclosure pertaining to Regulation 10(5) of SEBI (Substantial We have enclosed herewith the disclosure in the prescribed format under Regulation 10(5) of the SEBI Takeover Regulations in respect of the proposed transfer of 2,56,547 - each representing 1.050% in the total shareholding capital of Wheels India Limited, through a transfer from Trichur Sundaram Santhanam & Family Private Limited (Promoter) to TSF Investments Limited (Promoter). Please note that this transaction, being an inter-se transfer of shares between persons named as promoters in the shareholding pattern filed by the company for not less than three years prior to the proposed acquisition, falls within the exemption provided under Regulation 10(1)(a)(ii) of the SEBI Takeover Regulations. We request that this information be kindly taken on record. Thanking you, Yours truly, For TSF Investments Limited S. Kalyanaraman Secretary & Compliance Officer Encl., Disclosure under Regulation 10(5) - Intimation to Stock Exchanges in respect of acquisition under Regulation 10(1)(a)(ii)of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 1. Name of the Target Company (TC) Wheels India Limited (WIL) 2. Name of the acquirer TSF Investments Limited (TSF) 3. Whether the acquirer is a promoter of the TC Yes. The acquirer, TSF, is a promoter of prior to the transaction. If not, nature of the TC and has been disclosed as the relationship or association with the TC or its promoter in the shareholding pattern promoters. filed by the TC for not less than three years prior to the proposed acquisition. 4. Details of the proposed acquisition a. Name of the person from whom shares are Trichur Sundaram Santhanam & Family to be acquired Private Limited b. Proposed date of acquisition 07.08.2026 c. Number of shares to be acquired from 2,56,547 equity shares of the TC each person mentioned in 4(a) above d. Total shares to be acquired as % of share 1.050% of the equity share capital of capital of TC the TC e. Price at which shares are proposed to be 1,518.62 per share acquired f. Rationale, if any, for the proposed transfer Transaction is being undertaken as an inter-se transfer of shareholding amongst promoters of the TC. 5. Relevant sub-clause of regulation 10(1)(a) Regulation 10(1)(a)(ii) of SEBI under which the acquirer is exempted from Takeover Regulations. making open offer 6. If, frequently traded, volume weighted average 1,518.62 per share market price for a period of 60 trading days preceding the date of issuance of this notice as traded on the stock exchange where the maximum volume of trading in the shares of the TC are recorded during such period. 7. If in-frequently traded, the price as determined in Not applicable. terms of clause (e) of sub-regulation (2) of regulation 8. 8. Declaration by the acquirer, that the acquisition The acquirer hereby confirms that the price would not be higher by more than 25% of acquisition price would not be higher by the price computed in point 6 or point 7 as more than 25% of the price computed in applicable. point 6 above, i.e. 1898.27 per share 9. i. Declaration by the acquirer, that the i. The acquirer confirms that the transferor and transferee have complied transferor and transferee have (during 3 years prior to the date of proposed complied (during 3 years prior to the acquisition) / will comply with applicable date of proposed acquisition)/ will disclosure requirements in Chapter V of the comply with applicable with the Takeover Regulations, 2011. applicable disclosure requirements in Chapter V of the SEBI Takeover Regulations. ii. The aforesaid disclosures made during ii. Enclosed. previous 3 years prior to the date of proposed acquisition to be furnished. 10. Declaration by the acquirer that all the conditions The acquirer confirms that all the specified under regulation 10(1)(a) with respect conditions specified under Regulation to exemptions has been duly complied with. 10(1)(a), to the extent applicable, have been duly complied with. 11. Shareholding details Before the After the proposed proposed transaction transaction No. of % w.r.t No. of % w.r.t shares total shares total /voting share /voting share rights capital rights capital of of TC TC a. Acquirer(s) and PACs (other than sellers)(*) 1.TSF Investments Limited 58,53,367 23.96 61,09,914 25.007 2.Sri Harsha Viji 1944 0.01 1944 0.01 3.Sri Srivats Ram 2,11,876 0.87 2,11,876 0.87 b. Seller(s) Trichur Sundaram Santhanam & Family 72,94,514 29.85 70,37,967 28.804 Private Limited Thanking you, Yours truly, For TSF Investments Limited S. Kalyanaraman Secretary & Compliance Officer Encl.,