The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Albula Investment Fund Ltd

05 August 2026 Fax No.: 91 22 2272 3121 Mr Amit Kadam Listing Department The Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai – 400 001 India Dear Sir, We transmit herewith details of the holdings of Albula Investment Fund Ltd in Ashapura Minechem Ltd as at 05 August 2026. for Albula Investment Fund Ltd IQ EQ Fund Services (Mauritius) Ltd (Company Secretary) Albula Investment Fund Ltd. 33, Edith Cavell Street, Port Louis, Republic of Mauritius T +230 212 9800 F +230 208 9973 Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Name of the Target Company (TC) Ashapura Minechem Ltd Name(s) of the acquirer and Persons Acting in Albula Investment Fund Ltd Concert (PAC) with the acquirer Whether the acquirer belongs to Promoter/Promoter group Name(s) of the Stock Exchange(s) where the NSE & BSE shares of TC are Listed Details of the acquisition / disposal as follows Number % w.r.t. total % w.r.t. total share/voting diluted share / capital wherever voting capital of applicable (*) the TC (**) Before the acquisition/disposal under consideration, holding of: a) Shares carrying voting rights (***) 5,457,017 5.7126% 5.7126% b) Shares in the nature of encumbrance (pledge/lien/non-disposal undertaking/others) N/A N/A N/A c) Voting rights (VR) otherwise than by shares N/A N/A N/A d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the T C (specify holding in each category) N/A N/A N/A Total (a+b+c+d) 5,457,017 5.7126% 5.7126% Details of acquisition/sale: a) Shares carrying voting rights acquired/sold (2,117,083) -2.2162% -2.2162% b) VRs acquired/sold otherwise than by shares N/A N/A N/A c) Warrants/convertible securities/any other instrument that entitles the acquirer to receivesharescarryingvotingrightsintheTC (specify holding in each category) acquired/sold N/A N/A N/A d) Shares encumbered / invoked/released by the acquirer N/A N/A N/A Total (a+b+c+d) (2,117,083) -2.2162% -2.2162% Albula Investment Fund Ltd. 33, Edith Cavell Street, Port Louis, Republic of Mauritius T +230 212 9800 F +230 208 9973 After the acquisition/sale, holding of: a) Shares carrying voting rights 3,339,934 3.4964% 3.4964% b) Shares encumbered with the acquirer N/A N/A N/A c) VRs otherwise than by shares N/A N/A N/A d) Warrants/convertible securities/any other instrument that entitles the acquirer to receivesharescarryingvotingrightsintheTC (specify holding in each category) after acquisition/sale N/A N/A N/A Total (a+b+c+d) (***) 3,339,934 3.4964% 3.4964% Modeofacquisition/ sale(e.gopenmarket /off- market / public issue / rights issue / preferential Open market allotment / inter-se transfer etc). Dateofacquisition/saleofshares/VRordateof receipt of intimation of allotment of shares, Please refer to Annexure 1 whichever is applicable Equitysharecapital/totalvotingcapitaloftheTC 95,526,098 shares before the said acquisition / sale Equity share capital/ total votingcapitaloftheTC 95,526,098 shares after the said acquisition / sale Total diluted share/voting capital of the TC after 95,526,098 shares the said acquisition/sale. (*) Total share capital/voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement. (**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC. (***) Change of shareholding percentage is on account of warrant conversion into equity shares in August 2024. Yours faithfully, for Albula Investment Fund Ltd IQ EQ Fund Services (Mauritius) Ltd (Company Secretary) Place: Mauritius Date: 05.08.2026 Albula Investment Fund Ltd. 33, Edith Cavell Street, Port Louis, Republic of Mauritius T +230 212 9800 F +230 208 9973 ANNEXURE 1 Exchange on Trading member through whom the trade was executed Buy / (Sell) Buy /(Sell) Value Cum. Balance Trade Date Security Name which the trade % holding with SEBI Registration no. of the TM Quantity (shares) (INR) (shares) was executed Opening balance 5 ,457,017 5,457,017 5.7126% 13/09/2022Ashapura Minechem Ltd ICICI Securities Limited NSE ( 300,000) 2 9,636,455.00 5,157,017 5.3985% 14/09/2022Ashapura Minechem Ltd ICICI Securities Limited NSE ( 200,000) 1 9,374,780.00 4,957,017 5.1892% 15/09/2022Ashapura Minechem Ltd ICICI Securities Limited NSE ( 200,000) 1 9,175,040.00 4,757,017 4.9798% 22/01/2026Ashapura Minechem Ltd MIB Securities India Pvt. Ltd. NSE (10,000) 7,528,470.52 4,747,017 4.9693% 23/01/2026Ashapura Minechem Ltd MIB Securities India Pvt. Ltd. NSE (10,000) 7,136,188.36 4,737,017 4.9589% 27/01/2026Ashapura Minechem Ltd MIB Securities India Pvt. Ltd. NSE (9,000) 5,828,029.52 4,728,017 4.9495% 28/01/2026Ashapura Minechem Ltd MIB Securities India Pvt. Ltd. NSE (11,000) 7,113,056.51 4,717,017 4.9379% 10/02/2026Ashapura Minechem Ltd MIB Securities India Pvt. Ltd. NSE (10,000) 6,353,904.35 4,707,017 4.9275% 10/02/2026Ashapura Minechem Ltd MIB Securities India Pvt. Ltd. NSE ( 125,000) 7 9,403,428.46 4,582,017 4.7966% 11/02/2026Ashapura Minechem Ltd MIB Securities India Pvt. Ltd. NSE (15,000) 9,292,909.00 4,567,017 4.7809% 11/02/2026Ashapura Minechem Ltd MIB Securities India Pvt. Ltd. NSE ( 200,000) 123,369,590.95 4,367,017 4.5715% 12/02/2026Ashapura Minechem Ltd MIB Securities India Pvt. Ltd. NSE (15,000) 8,825,943.27 4,352,017 4.5558% 13/02/2026Ashapura Minechem Ltd MIB Securities India Pvt. Ltd. NSE (15,000) 8,170,525.15 4,337,017 4.5401% 16/02/2026Ashapura Minechem Ltd MIB Securities India Pvt. Ltd. NSE (15,000) 8,111,973.24 4,322,017 4.5244% 17/02/2026Ashapura Minechem Ltd MIB Securities India Pvt. Ltd. NSE (15,000) 7,933,801.76 4,307,017 4.5087% 18/02/2026Ashapura Minechem Ltd MIB Securities India Pvt. Ltd. NSE (15,000) 8,169,689.40 4,292,017 4.4930% 18/02/2026Ashapura Minechem Ltd MIB Securities India Pvt. Ltd. NSE ( 335,000) 181,713,790.40 3,957,017 4.1423% 19/02/2026Ashapura Minechem Ltd MIB Securities India Pvt. Ltd. NSE (15,000) 8,084,150.10 3,942,017 4.1266% 20/02/2026Ashapura Minechem Ltd MIB Securities India Pvt. Ltd. NSE (15,000) 7,961,729.87 3,927,017 4.1109% 23/02/2026Ashapura Minechem Ltd MIB Securities India Pvt. Ltd. NSE (15,000) 7,686,512.04 3,912,017 4.0952% 24/02/2026Ashapura Minechem Ltd MIB Securities India Pvt. Ltd. NSE (15,000) 7,889,292.63 3,897,017 4.0795% 27/02/2026Ashapura Minechem Ltd MIB Securities India Pvt. Ltd. NSE (2,083) 1,117,300.51 3,894,934 4.0774% 29/07/2026Ashapura Minechem Ltd Antique Stock Broking Ltd NSE ( 285,000) 196,961,890.00 3,609,934 3.7790% 05/08/2026Ashapura Minechem Ltd Incred Capital Wealth Portfolio Managers Private Limited NSE ( 270,000) 197,109,130.00 3,339,934 3.4964% Total 3,339,934 3.4964% Yours faithfully For Albula Investment Fund Ltd IQ EQ Fund Services (Mauritius) Ltd (Company Secretary) Albula Investment Fund Ltd. 33, Edith Cavell Street, Port Louis, Republic of Mauritius T +230 212 9800 F +230 208 9973