The Company has discharged its entire consideration of USD 447,860 towards the investment in 98% stake in International Logistics Associates LLC.

VELOX SHIPPING AND LOGISTICS LIMITED (FORMERLY VELOX INDUSTRIES LIMITED) Regd. Office: 902 Filix Commercial Complex, opp Asian Paints L.B.S. Marg, Bhandup Mumbai 400078 Maharashtra, India Ph.: +91 2262536600, 9082267347 Email: veloxindustriesltd@gmail.com CIN: L52242MH1983PLC029364 REF: VELOX/ BSE/ 2026-27 Date: 21/07/2026 The Manager Lis(cid:415)ng Compliance Department BSE Ltd., P J Towers, 25th Floor, Dalal Street, Mumbai - 400 001 BSE SCRIP CODE – 506178 Dear Sir/ Madam, Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is in furtherance to our letter dated November 18, 2025 under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), wherein we had informed the exchange about the Company entering into an agreement for investment in 98% stake in International Logistics Associates LLC (hereinafter referred to as “ILA”). We wish to inform that upon completion of all conditions precedent to the transaction as envisaged in the transaction documents; the Company has discharged its entire consideration of USD 447,860 on July 20, 2026 in tranches. Accordingly, the effective date for acquisition of 98% stake in ILA shall be January 23, 2026 pursuant to the certificate issued by the Department of the Treasury Division of Revenue & Enterprise Services, State of New Jersey to ILA for including the Company as its member under New Jersey Limited Liability Company Act. We are enclosing herewith brief details of the above as prescribed under SEBI Listing Regulations as Annexure A. You are kindly requested to take the same on your record and acknowledge receipt. Thanking you. Yours sincerely, FOR VELOX SHIPPING AND LOGISTICS LIMITED (Formerly Velox Industries Limited) PINAL PAREKH COMPANY SECRETARY/ COMPLIANCE OFFICER eCSIN: EA025327F000006847 Place: Mumbai VELOX SHIPPING AND LOGISTICS LIMITED (FORMERLY VELOX INDUSTRIES LIMITED) Regd. Office: 902 Filix Commercial Complex, opp Asian Paints L.B.S. Marg, Bhandup Mumbai 400078 Maharashtra, India Ph.: +91 2262536600, 9082267347 Email: veloxindustriesltd@gmail.com CIN: L52242MH1983PLC029364 Annexure A Details as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023 and last updated on January 30, 2026: Sr. No. Requirement of Disclosures Details 1 Name of the target entity, details in brief such as Name of the Target: size, turnover etc.; International Logistics Associates LLC (hereinafter referred to as “ILA”) Details of the Target: As at March 31, 2026 Equity Value: USD 4,47,860 Turnover: USD 32,20,321 Profit: USD (62,596) 2 Whether the acquisition would fall within related No party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arms-length”; 3 Industry to which the entity being acquired Logistics belongs; 4 Objects and effects of acquisition (including but not Purchase of 98% stake in the ILA with limited to, disclosure of reasons for acquisition of the objec(cid:415)ve of expanding and target entity, if its business is outside the main line establishing its business opera(cid:415)ons in of business of the listed entity); interna(cid:415)onal markets. 5 Brief details of any governmental or regulatory NIL approvals required for the acquisition; 6 Indicative time period for completion of the Completed on July 20, 2026 acquisition 7 Nature of consideration - whether cash Cash transac(cid:415)on consideration or share swap and details of the same; 8 Cost of acquisition or the price at which the shares USD 4,47,860 for the purchase of 98% are being acquired; stake in the ILA 9 Percentage of shareholding/ control acquired and/ 98% of the equity value of ILA or number of shares are being acquired; VELOX SHIPPING AND LOGISTICS LIMITED (FORMERLY VELOX INDUSTRIES LIMITED) Regd. Office: 902 Filix Commercial Complex, opp Asian Paints L.B.S. Marg, Bhandup Mumbai 400078 Maharashtra, India Ph.: +91 2262536600, 9082267347 Email: veloxindustriesltd@gmail.com CIN: L52242MH1983PLC029364 10 Brief background about the entity acquired in Brief background: terms of products/ line of business acquired, date of incorporation, history of last 3 years turnover, The ILA is engaged in providing services country in which the acquired entity has presence of freight contracting, shipping agency and any other significant information (in brief); services, other related freight and logistics related activities. In accordance with the term sheet entered into between the ILA and the listed entity, the listed entity proposes to acquire a 98% equity stake in the ILA, with the objective of expanding and establishing its business operations in international markets. Line of business: Logistics Date of incorporation: October 15, 2013 Turnover of last 3 years: (Amount in USD) FY 2025-26: 32,20,321 2025: 27,84,788 2024: 42,25,927 Country in which the acquired entity has presence: United States of America