Ranks Precision Private Limited ('Ranks'): To acquire 10,000 equity shares of Ranks Precision Private Limited. Consequent to this acquisition Ranks will become an Associate of the Company. The ....

Date: August 05, 2026 BSE Limited Listing & Compliance Department Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai, 400001, Maharashtra, India Company Symbol : TIPCO Company Scrip Code : 544740 Company ISIN : INE1U6D01014 Subject : Outcome of the Meeting of Board of Directors and Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations, 2015”). Dear Sir/Madam, With reference to the captioned subject and pursuant to the provisions of Regulation 30 read with Schedule III of the SEBI LODR Regulations, 2015, we wish to inform you that TIPCO Engineering India Limited (“the Company”) in its Board Meeting held today i.e. Wednesday, August 05, 2026, has approved the acquisition of stake(s) in the following entity(ies): 1. Ranks Precision Private Limited (“Ranks”): To acquire 10,000 equity shares of Ranks Precision Private Limited. Consequent to this acquisition Ranks will become an Associate of the Company. The details as required to be furnished pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI LODR Regulations, 2015 and SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 are enclosed as “Annexure I”. 2. Interest in M/s Hanutech Engineering Solutions (“Hanu Tech”): To acquire 50% partnership interest and profit-sharing ratio held by one of its partners in the partnership firm. Upon the execution of a supplementary deed, the Company shall be admitted as a partner of the firm. The details as required to be furnished pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI LODR Regulations, 2015 and SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 are enclosed as “Annexure II”. The meeting of the Board of Directors commenced at 07:00 P.M. and concluded at 07:30P.M. You are requested to take the same on your records. Thanking You. Yours Faithfully, For Tipco Engineering India Limited (Formerly Known as “Tipco Engineering India Private Limited”) Sonia Sharma Whole Time Director DIN: 09341298 Place: Rai, Sonepat Annexure I Details pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI LODR Regulations, 2015 and SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 S. No. Particulars Details 1. Name of the target entity, details in brief Name: - Ranks Precision Private Limited such as size, turnover etc. (“Ranks”) Brief Details of the Target Entity: Ranks Precision Private Limited (CIN: U32900HR2025PTC129228) incorporated on March 03, 2025 in terms of the provisions of Companies Act, 2013 is engaged in the business of manufacturing, fabrication, processing, assembly, trading, import and export of automotive components, undercarriage components, engine components, spare parts, heavy construction equipment and allied engineering products. Turnover: The turnover of Ranks for the financial year ended March 31, 2026 was ₹ 11,11,10,002/-. 2. Whether the acquisition would fall within The proposed acquisition falls within the ambit of a related party transaction(s) and whether the related party transaction. promoter/ promoter group/ group companies have any interest in the entity The Company proposes to acquire 10,000 equity being acquired? If yes, nature of interest and shares constituting 50% of the equity share capital details thereof and whether the same is done of Ranks from Mr. Ritesh Sharma, who is the at “arm’s length” Promoter and Managing Director of the Company. The transaction would be undertaken on an arm's length basis and in compliance with the applicable provisions of the Companies Act, 2013 and SEBI Listing Regulations, 2015. 3. Industry to which the entity being acquired Automotive & Heavy Engineering Components belongs Manufacturing 4. Objects and impact of acquisition (including Object: To expand the manufacturing capabilities but not limited to, disclosure of reasons for of the Company in automotive, engine, and acquisition of target entity, if its business is undercarriage components, achieve supply chain outside the main line of business of the listed synergies, and enhance overall operational entity) efficiency and growth. Impact: Upon completion of acquisition, Ranks will become an Associate of the Company. 5. Brief details of any governmental or Not Applicable regulatory approvals required for the acquisition 6. Indicative time period for completion of the The Transactions shall be completed in due course acquisition of time. 7. Consideration - whether cash consideration Cash consideration or share swap or any other form and details of the same 8. Cost of acquisition and/or the price at which ₹1,31,62,900/- the shares are acquired 9. Percentage of shareholding / control To Acquire 10,000 equity shares (representing 50% acquired and / or number of shares acquired of the total paid-up share capital) of Ranks Precision Private Limited. Consequent to this acquisition Ranks will become an Associate of the Company. 10. Brief background about the entity acquired Ranks Precision Private Limited was incorporated in terms of products/line of business on March 03, 2025 and engaged in the business of acquired, date of incorporation, history of manufacturing, fabrication, processing, assembly, last 3 years turnover, country in which the trading, import and export of automotive acquired entity has presence and any other components, undercarriage components, engine significant information (in brief) components, spare parts, heavy construction equipment and allied engineering products. Country of presence: India Last 3 years turnover: S. No. Financial Year Turnover (In Rs.) 1. 2023-24 NA 2. 2024-25 NA 3. 2025-26 11,11,10,002 Annexure II Details pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI LODR Regulations, 2015 and SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 S. No. Particulars Details 1. Name of the target entity, details in brief Name: - Hanutech Engineering Solutions such as size, turnover etc. (“Hanutech”) Brief Details of the Target Entity: Hanutech Engineering Solutions, is a Partnership Firm and was established pursuant to Deed of Partnership dated January 12, 2021. 2. Whether the acquisition would fall within The proposed acquisition falls within the ambit of a related party transaction(s) and whether the related party transaction. promoter/ promoter group/ group companies have any interest in the entity The Company proposes to acquire 50% interest in being acquired? If yes, nature of interest and Hanutech from Mr. Ritesh Sharma, who is the details thereof and whether the same is done Promoter and Managing Director of the Company. at “arm’s length” The transaction would be undertaken on an arm's length basis and in compliance with the applicable provisions of the Companies Act, 2013 and SEBI Listing Regulations, 2015. 3. Industry to which the entity being acquired Pumps, Valves & Industrial Fluid Equipment belongs Manufacturing 4. Objects and impact of acquisition (including Object: To expand the Company’s manufacturing but not limited to, disclosure of reasons for capabilities in industrial pumps, valves, and fluid acquisition of target entity, if its business is engineering solutions, leverage business synergies, outside the main line of business of the listed and enhance overall operational footprint. entity) Impact: Upon completion of 50% partnership interest, the Company would become a partner in Hanutech. 5. Brief details of any governmental or Not Applicable regulatory approvals required for the acquisition 6. Indicative time period for completion of the The Transactions shall be completed in due course acquisition upon execution of Reconstitution Deed. 7. Consideration - whether cash consideration Cash consideration or share swap or any other form and details of the same 8. Cost of acquisition and/or the price at which ₹1 [Showing first 8,000 characters — download PDF for full document]