Intimation of amendments to the Code of Conduct to regulate, monitor and report trading by Insiders & Code of Practices and Procedures for fair disclosure of unpublished price sensitive ....

06th August 2026 The Manager, The Manager, BSE Limited, Listing Department, Floor 25, Pheroze Jeejeebhoy Towers, National Stock Exchange of India Limited, Dalal Street, Exchange Plaza, Bandra-Kurla Complex, Mumbai - 400 001. Bandra (E), Mumbai – 400 051. Ph. No. 022- 22721233 / 22721234 Ph. No. 022- 26598100 / 26598101 Fax No. 022-22723121 / 22721072 Fax No. 022-26598237 / 26598238 Codes: BSE: Scrip code 500215, Co. code 1311 NSE: Symbol SUNDROP, Series EQ-Rolling Settlement Dear Sir / Madam, Sub: Outcome of the Nomination and Remuneration Committee Meeting and the Board of Directors’ Meeting of Sundrop Brands Limited (formerly known as Agro Tech Foods Limited) (“the Company”) held today i.e. on 06th August 2026, pursuant to Regulation 30 and Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time (‘Listing Regulations’). 1) Grant of Employee Stock Options under “Agro Tech Foods Limited Employees Stock Option Plan, 2024” (“the ESOP Scheme 2024”) by the Nomination and Remuneration Committee. In continuation to our earlier letters dated 07th June 2025, 09th July 2025, 12th November 2025,12th February 2026, May 07, 2026, June 07, 2026 submitted to your good offices pursuant to Regulation 30 of the Listing Regulations intimating about approvals and forfeiture of grant of Employee Stock Options (“Options”) under the captioned ESOP Scheme 2024, we wish to further inform your good offices that the Nomination and Remuneration Committee (“the NRC”) of the Board of Directors of the Company at its meeting held today has approved a grant of 24,000 Options to the Eligible Employee(s) of the material subsidiary of the Company i.e. Del Monte Foods Private Limited under the stated ESOP Scheme 2024. Further, the NRC has also superseded its earlier approval for the grant of 5,500 Options to an Eligible Employee of the Company on May 07, 2026. Accordingly, the grant of these stated 5,500 Options has been approved to be made today on August 06, 2026, instead of May 07, 2026, under the stated ESOP Scheme 2024. Details as required under Regulation 30 of the Listing Regulations, read with Schedule III and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, in relation to the above, is enclosed herewith as “Annexure – 1”. 2) Approval of Unaudited Consolidated and Standalone Financial Results for the first quarter of the financial year 2026-27 (Limited Review). In continuation to our intimation letter dated July 30, 2026, we hereby inform your good offices that the Board of Directors of the Company at the recommendation of its Audit Committee in their meeting held today have inter-alia approved the Unaudited Financial Results (Standalone and Consolidated- Limited Reviewed) of the Company for the first quarter of the financial year 2026-27. Sundrop Brands Limited (Formerly known as Agro Tech Foods Limited) Registered office: 31, Sarojini Devi Road, Secunderabad- 500003, Telangana, India. Tel: 91-40-66650240 Corporate office: Tower C, 15th Floor, Building No. 10, Phase-II, DLF Cyber City, Gurugram-122002, Haryana. Tel: 0124-4593700 Web: www.sundropbrands.com; CIN: L15142TG1986PLC006957 Pursuant to Regulation 33 and other applicable regulations of the Listing Regulations, we enclose the Unaudited Consolidated and Standalone Financial Results for the first quarter of the financial year 2026-27 along with the Limited Review report issued by the Statutory Auditors of the Company thereon as “Annexure – 2”. 3) Amendment to the Code of Conduct to regulate, monitor and report trading by Insiders & Code of practices and procedures for fair disclosure of unpublished price sensitive information (“Code of Conduct”) as per the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 read with amendments thereto. We hereby inform your good offices that the Board of Directors of the Company in their meeting held today i.e. August 06, 26 have approved the amendments to the stated Code of Conduct of the Company as enclosed herewith as “Annexure – 3”. The same shall also be made available on the website of the Company at https://www.sundropbrands.com/code-of-conduct.aspx . In reference to our intimation letter dated August 03, 2026, we hereby inform your good offices that the Nomination and Remuneration Committee (NRC) could not consider the matter relating to the allotment of equity shares pursuant to exercise of vested Employee Stock Options (“Options”) granted earlier under the ESOP Scheme 2024, as the Options Grantee restricted from exercising the vested Options. Accordingly, there was no proposal for allotment of the equity shares in this regard that was required to be approved by the NRC at its meeting held today. The matter will be placed before the NRC for its consideration and approval as and when the Options Grantee exercises the vested Options subject to compliance with applicable terms and conditions of the ESOP Scheme 2024. The meeting of the Board of Directors of the Company was held today that commenced at 02.38 p.m. and concluded at 04.08 p.m. (IST). We request you to take the same on your record. Yours faithfully, For Sundrop Brands Limited (Formerly known as Agro Tech Foods Limited) Kavita Company Secretary and Compliance Officer Membership Number: A-27174 Encl.: As Above Sundrop Brands Limited (Formerly known as Agro Tech Foods Limited) Registered office: 31, Sarojini Devi Road, Secunderabad- 500003, Telangana, India. Tel: 91-40-66650240 Corporate office: Tower C, 15th Floor, Building No. 10, Phase-II, DLF Cyber City, Gurugram-122002, Haryana. Tel: 0124-4593700 Web: www.sundropbrands.com; CIN: L15142TG1986PLC006957 ANNEXURE – 1 DETAILS AS REQUIRED UNDER REGULATION 30 READ WITH SUB-PARA 10 OF PARA B OF PART A OF SCHEDULE III OF THE LISTING REGULATIONS AND SEBI MASTER CIRCULAR NO. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 DATED JANUARY 30, 2026 Sr. Particulars Details 1. Brief details of options Grant of 29,500 Employee Stock Options (“Options”) under the granted captioned ESOP Scheme 2024 by the NRC by passing resolution(s) in its meeting held today i.e., 06th August 2026 to the Eligible Employee(s) of the Company and its material subsidiary, Del Monte Foods Private Limited. 2. Whether the scheme is in Yes, the ESOP Scheme 2024 is in compliance with Securities terms of Securities and and Exchange Board of India (Share Based Employee Benefits Exchange Board of India and Sweat Equity) Regulations, 2021. (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 3. Total number of shares Equivalent number of equity shares of Rs. 10/- each fully paid- covered by these options up, to be issued against 29,500 Options pursuant to conditions being complied under the ESOP Scheme 2024. 4. Pricing formula (i) For Options that are “tenure-based” grants to the Eligible Employee(s), the exercise price is INR 636/- per Option. (ii) For Options that are “performance-based” grants to the Eligible Employee(s), the exercise price is INR 515/- per Option. 5. Options vested Not applicable at this stage, as this outcome is pertaining to grant of options under the ESOP Scheme 2024. 6. Time within which option Subject to clause 13 of the Scheme, all the vested Options shall may be exercised be respectively exercised in one or more tranches within the exercise period, being a period of 5 (Five) years from the date of vesting, or such other period as may be decided by the NRC failing which the Options shall lapse. 7. Options exercised 8. Money realized by exercise Not applicable at this stage, as this outcome is pertaining to of options grant of options under the ESOP Scheme 2024. 9. The total number of shares arising as a result of exercise of option 10. Options lapsed 11. Variation of terms of options 12. Brief details of significant • The Options granted to Eligible Employee(s) shall vest terms within the specified vestin [Showing first 8,000 characters — download PDF for full document]