The Board of Directors at its meeting held today approved Investment upto Rs. 1.38 Crore in a solar power Company under captive power route.

4CJKTYn= K & INDUSTRIES ITD. JKTIL:SECTL:SE:2026 Date: 7th August 2026 BSE Ltd National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers , Exchange Plaza, C -1, Block-G DalaI Street Bandra –Kurla Complex Mumbai-400 001 Bandra (E), Mumbai –400 051 . Scrip Code: 530007 Symbol: JKTYRE Dear Sir(s), Re. Disclosure under Regulation 30 of the SEBI {Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) The Board at its meeting held today i.e. 7th August 2026 approved an investment up to Rs.1.38 Crore for acquiring 26% equity shares of STTY RE Banmore Ltd. (formerly known as STFN RE Ltd.). The details required under Regulation 30 of the said SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated 30th January 2026, are attached. The meeting of the Board concluded at t : Z< P.M. Thanking you, Yours faithfully, For JK Tyre & Industries Ltd. (Kamal Kumar Manik) Encl: As Above Admin' Off.: 3, Bahadur Shah Zafar Marg, New Delhi-110 002, Phone: 91-11-66001112, 66001122 Regd. Off.: Jaykaygram, PO - Tyre Factory, Kankroli - 313 342 (Rajasthan), Fax : 02952-232018, ph. : 02952_233400 / 233000 Website : www.jktyre.com CIN : L67120RJ1951PLC045966 VIKRAN T JKvvR= & INDUSTRIES ITD. Annexure to Letter No. JKTIL: SECTL:SE:2026 dated 7th August 2026 S.No. Particulars Information a. Name of the target entity, details STTY RE Banmore Ltd. (STRBL) in brief such as size, turnover STRBL was originally incorporated as STFN RE Ltd. on 10th March 2025. The name of the Company was changed to STTY RE Banmore Ltd. (STRBL) w,e.f, 8th July 2026. Other details for the Financial Year ended 31st March 2026 are as under:- i. Turnover: Nil ii. Profit after Tax: ? (0.62) lakh iii. Net worth: ? 0.38 lakh b. Whether the acquisition would fall Yes within related party transaction(s) and whether the promoter/ STRBL is a subsidiary of Sago Trading promoter group/ group companies Ltd., a Promoter Group Constituent and have any interest in the entity a related party. being acquired? if yes, nature of interest and details thereof and The proposed transaction is being done whether the same is done at at “arm’s length" basis, which has also "arm's length"; been approved by the Audit Committee C. Industry to which the entity being Power Generation using solar acquired belongs; energy . d. Objects and impact of acquisition The Company has been exploring the (including but not limited to, possibility of putting-up the Solar disclosure of reasons for Power Project with various Developers acquisition of target entity, if its and has shortlisted STRBL which has business is outside the main line given a very competitive rate to put up of business of the listed entity); a 6 MWp Solar Power Project under the Captive Power Route on behalf of the Company The entire Capex of approximately Rs.17.70 Crore for the Project would be met by STRBL, the Developer. The Company would only be required invest approximately Rs. 1.38 Crore representing 26% Equity Holding STRBL in accordance with the present Captive Power Rules. r&Bt JKTyR= & IHDUSTRIES ITD. This will enable the Company to get Solar Power from STRBL at a very competitive market rate for a period of 25 years. Consequent to the acquisition of Equity Shares, STRBL would become an Associate of the Compan e. Brief details of any governmental No regulatory / governmental approvals or regulatory approvals required required. for the acquisition; f. Indicative time period for Within 90 days completion of the acquisition; Consideration - whether cash Cash Consideration consideration or share swap or any other form and details of the same; h. Cost of acquisition and/or the Rs.1.38 Crore (approximately) price at which the shares are acquired; i, Percentage of shareholding/ JK Tyre & Industries Ltd. has agreed to control acquired and / or number acquire minimum 26% of shareholding of shares acquired; of STRBL to qualify as captive user of Power . J. Brief background about the entity STRBL was incorporated on 10th March acquired in terms of products/line 2025. For other details, please refer to of business acquired, date of the information given at Sr. No. a and c incorporation, history of last 3 above. years turnover, country in which the acquired entity has presence Country in which the acquired entity has and any other significant presence: India. iia information (in brief);