Acquisition

Ref: STL /SE/ 2026-2027/Regulation 30/20 Dated: 02nd July, 2026 To, To, Department of Corporate Services, Listing Department, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Dalal Street C-1, G-Block, Bandra-Kurla Complex Mumbai — 400001 Bandra, (E), Mumbai — 400051 BSE Code: 541163; NSE: SANDHAR Dear Sir/ Madam, Sub.: Intimation regarding execution of Share Subscription and Shareholder’s Agreement Ref: Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI Listing Regulations, we wish to inform you that Company has executed a Share Subscription and Shareholder’s Agreement (SSSHA) between Hero Rooftop Energy Private Limited and Sandhar Technologies Limited and Clean Renewable Energy HR 1B Private Limited (SPV) on 02nd July, 2026. Pursuant to said agreement, Company agreed to subscribe minimum 26 % shareholding in the SPV (as per the current shareholding structure) for a cash consideration of INR 162.52 Lakhs. Further, the detailed disclosure pursuant to the provisions of Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025- CFDPOD2/I/3762/2026 dated January 30, 2026, is enclosed as “Annexure-A”. In compliance with Regulation 46(2) of the Listing Regulations the above information will be made available on the Company's website www.sandhargroup.com You are requested to take note of the same. Thanking you, For SANDHAR TECHNOLOGIES LIMITED Yashpal Jain (Chief Financial Officer & Company Secretary) (M. No. A13981) Encl.: As above Sandhar Technologies Limited Corporate Office: 13, Sector-44, Gurugram-122 002, Haryana, India. Ph: + 91 12-4518900 Registered Office: B-6/20, L.S.C., Safdarjung Enclave, New Delhi-110 029, India, Ph: +91-11-40511800 E-mail: enquiries@sandhar.in, website: www.sandhargroup.com; CIN-L74999DL1987PLC029553 “Annexure-A” The details, as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025- CFDPOD2/I/3762/2026 dated January 30, 2026, are as under: S. No. Details Particulars 1. name of the target entity, details in Clean Renewable Energy HR 1B Private brief such as size, turnover etc.; Limited; Turnover: Nil for the Financial year 2025– 2. whether the acquisition would fall No within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”; 3. industry to which the entity being Renewable Energy/Power Sector acquired belongs; 4. objects and impact of acquisition The proposed acquisition of shares is (including but not limited to, intended to enable the Company to avail disclosure of reasons for solar power, thereby reducing its energy acquisition of target entity, if its costs. This investment is also driven by the business is outside the main line of increasing demand from various customers business of the listed entity); for the adoption of sustainable and renewable energy practices across the supply chain. The acquisition aligns with the Company's commitment towards environmental sustainability by promoting the consumption of renewable energy, reducing its carbon footprint, and advancing its carbon neutrality initiatives. 5. brief details of any governmental Not Applicable or regulatory approvals required for the acquisition; 6. indicative time period for 2 months from the date of execution of completion of the acquisition; SSSHA Sandhar Technologies Limited Corporate Office: 13, Sector-44, Gurugram-122 002, Haryana, India. Ph: + 91 12-4518900 Registered Office: B-6/20, L.S.C., Safdarjung Enclave, New Delhi-110 029, India, Ph: +91-11-40511800 E-mail: enquiries@sandhar.in, website: www.sandhargroup.com; CIN-L74999DL1987PLC029553 7. consideration - whether cash Cash consideration or share swap or any other form and details of the same; 8. cost of acquisition and/or the INR 162.52 Lakhs price at which the shares are acquired; 9. percentage of shareholding / Minimum 26% equity in SPV/ target entity control acquired and / or number based on the proportionate capacity of shares acquired; allocated to the company. 10. brief background about the entity The Company was incorporated on 09th acquired in terms of products/line June 2025 and has completed only one of business acquired, date of financial year since its incorporation. incorporation, history of last 3 During the financial year 2025–26, the years turnover, country in which Company recorded a turnover of NIL. the acquired entity has presence and any other significant Country of Presence: India information (in brief); Sandhar Technologies Limited Corporate Office: 13, Sector-44, Gurugram-122 002, Haryana, India. Ph: + 91 12-4518900 Registered Office: B-6/20, L.S.C., Safdarjung Enclave, New Delhi-110 029, India, Ph: +91-11-40511800 E-mail: enquiries@sandhar.in, website: www.sandhargroup.com; CIN-L74999DL1987PLC029553