Reply to the Clarification Sought from the company regarding the significant price movement.

Walchand PeopleFirst Ltd. 1st Floor, Construction House, 5-Walchand Hirachand Marg, Ballard Estate, Mumbai 400001, Maharashtra, India Tel: +91 22 6781 8181 Fax: +91 22 2261 0574 Email: contact@walchandgroup.com Website: www.walchandpeoplefirst.com L74140MH1920PLC000791 Date: 06th August 2026 Corporate Relationship Department, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 Sub.: Clarification on Price Movement Ref.: Scrip Code: 501370 Dear Sir / Madam, With reference to your email bearing reference no. L/SURV/ONL/PV/SJ/2026-2027/4114 dated 05th August 2026 regarding the significant movement in the price of the equity shares of the Company, we wish to submit the following: The Company has been regularly intimating the Stock Exchange of all material events and information having a bearing on the operations and performance of the Company, including all price-sensitive information, in accordance with the requirements of Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time. We wish to clarify that the movement in the price of the Company's equity shares is purely attributable to prevailing market conditions and market forces. The management of the Company and its promoters neither have any control over nor any knowledge of the reasons for such significant movement in the share price. The Company remains committed to complying with all applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and shall continue to make all requisite disclosures to the Stock Exchange in a timely manner whenever any material event or information requiring disclosure occurs. We request you to kindly take the same on record. For Walchand PeopleFirst Limited Deepak Kumar Nayak Company Secretary and Compliance Officer Membership No.: ACS 75012 Address: 1st Floor, Construction House, 5-Walchand Hirachand Marg, Ballard Estate, Mumbai -400001