The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....

BSE Limited P .J. Towers, Dalal StreetMumbai-400001 BSE Scrip Code: 539894 (MAD HAV INFRA PROJECTS LIMITED) Sub: Intimation under Regulation 10(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ("the SEBI SAST Regulations") Dear Sir/Ma'am, As due compliance of Regulation 10(5) of the SEBI SAST Regulations, the undersigned being the part of the Promoter Group of the Company hereby furnish the Intimation in the specified format under Regulation 10(5) in respect of the Proposed acquisition via execution of Gift Deed and inter-se transfer of 61,593,562 (Six Crores Fifteen Lakhs Ninety-Three Thousand Five Hundred and Sixty-Two) Equity Shares of Madhav Infra Projects Limited, being the Target Company ("TC"). The shares are Proposed to be acquired by way of "inter-se transfer" amongst the Promoters pursuant to exemption provided in Regulation lO(l)(a)(ii) (qualifying person being persons named as Promoters in the Shareholding Pattern filed by the Target Company for not less than three years prior to Proposed acquisition) and there will be no change in the total shareholding of the Promoters after such inter-se transfer of the shares of Target Company. Kindly take the same on record . . ······--· -......' J ·;FOR ARMAAN AMIT TRUSTf 1~.. ) ... TRUSTEE'' ·-- '~· ·.-.... .. ·. . · ..' For, Armaan Amit Trust (Promotor of Madhav Infra Projects Limited) Mr. Amit Ashok Khurana Trustee Copy to: Company Secretary and Compliance Officer I Board of Directors Madhav Infra Projects Limited Madhav House, Plot No. 04, Nr. Panchratna Building, Subhanpura, Vadodara, Gujarat, India, 390023 Date: 05/08/2026 Place: Vadodara Annexure Format for Disclosures under Regulation 10(5) - Intimation to Stock Exchanges in respect of acquisition under Regulation lO(l)(a) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. 1. Name of the Target Company (TC) Madhav Infra Projects Limited 2. Name of the acquirer(s) Armaan Amit Trust 3. Whether the acquirer(s) is/ are ~romoters of the Yes TC prior to the transaction. If not, nature of relationship or association with the TC or its promoters 4. Details of the proposed acquisition a. Name of the person(s) from whom shares are to Mr. Ashok Madhavdas Khurana be acquired b. Proposed date of acquisition On or After 12r11 August, 2026 c. Number of shares to be acquired from each 61,593,562 person mentioned in 4(a) above d. Total shares to be acquired as % of share capital 22.848% of TC e. Price at which shares are proposed to be By way of Gift acquired f. Rationale, if any, for the proposed transfer NA 5. Relevant sub-clause of Regulation 10(1 )(a) under Regulation lO(l)(a)(ii) of the SEBI (SAST) which the acquirer is exempted from making Open Regulations, 2011 Offer 6. If, frequently traded, volume weighted average Not Applicable as inter-se transfer is via Gift market pnce for a period of 60 trading days Deed 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 as inter-se transfer is via Gift terms of clause (e) of sub-regulation (2) of Deed Regulation 8. 8. Declaration by the acquirer, that the acquisition Not Applicable as inter-se transfer is via Gift price would not be higher by more than 25% of the Deed price computed in point 6 or point 7 as applicable. 9. i. Declaration by the acquirer, that the transferor and Yes, I hereby declare that transferor and the transferee have complied (during 3 years prior to the transferee will comply with the applicable date of Proposed acquisition) I will comply with disclosure requirements as in chapter V of the applicable disclosure requirements in Chapter V of Takeover Regulations, 2011. the Takeover Regulations, 2011 (Corresponding provisions of the repealed Takeover Regulations, 1997) ii. The aforesaid disclosures made during previous 3 years prior to the date of Proposed acquisition to be furnished. 10. Declaration by the acquirer that all the conditions Yes, I hereby declare that all conditions specified under regulation 10(1)(a) with respect to specified under regulation 10(1) (a) with respect exemptions has been duly complied with. to exemption has been duly complied with. 11. Shareholding details Before the proposed After the proposed transaction transaction No.of % w.r.t No.of o/ow.r.t shares total shares total /voting share /voting share rights capital rights capital of TC of TC a Acquirer(s) and PACs (other than sellers) (*) 8, I 3,60,000 30.18% 14,29,53,562 53.03% b Seller (s) 7,57,16,940 28.08% 00 00% Note: • (*)Shareholding of each entity may be shown separately and then collectively in a group. • The above disclosure shall be signed by the acquirer mentioning date & place. In case, there is more than one acquirer, the report shall be signed either by all the persons or by a person duly authorized to do so on behalf of all the acquirers. Yours Faithfully, · FOR AR!\lAAN AMIT TRUST TRUSTEE, For, Armaan Amit Trust (Promo tor of Madhav Infra Projects Limited) Mr. Amit Ashok Khorana Trustee Date: 05/08/2026 Place: Vadodara