Approval for Incorporation of Subsidiary of the Company

Date: 11th August, 2026 To, To, BSE Limited National Stock Exchange of India Limited The General Manager, Exchange Plaza, 5th Floor, Department of Corporate Services, Plot No. C/1, G Block, P.J. Towers, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Bandra (East), M umbai – 400 051 Scrip Code: 507552 Symbol: FOODSIN Dear Sir/Madam, Sub: Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Incorporation of a Subsidiary Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), as amended, we wish to inform that the Board of Directors of the Company at its meeting held today, i.e., August 11, 2026, has approved incorporation of a Subsidiary with the name & style of M/s F-HAD Private Limited of the Company. The details required under Regulation 30 of the SEBI Listing Regulations, read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, and SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, with respect to the above incorporation of a Wholly-owned Subsidiary is given in Annexure enclosed herewith. Kindly take the same on record and oblige. Yours Truly For FOODS AND INNS LIMITED MILAN DALAL MANAGING DIRECTOR DIN: 00062453 Encl: as above Foods & Inns Ltd. Corporate Address: J. N. Heredia Marg, Hamilton House, 3rd floor, Ballard Estate, Mumbai - 400038 +91-22-22613102 | writetous@foodsandinns.com | www.foodsandinns.com | CIN No: L55200MH1967PLC013837 Registered Address: Udyog Bhavan, 2nd Floor, 29 Walchand Hirachand Marg, Ballard Estate, Mumbai 400038 Annexure Disclosure under Part A Para A(i) of Schedule III read with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 Sl. Particulars Description 1 Name of the target entity, details in brief The name of the proposed Subsidiary: such as size, turnover etc. F-HAD Private Limited Capital Structure of the Proposed Subsidiary: Authorized Capital: Rs. 10,00,000/- Paid-up Capital: Rs. 1,00,000/- Size/Turnover: Not applicable 2 Whether the acquisition would fall within The proposed Subsidiary will be a related party related party transaction(s) and whether the of the Company upon incorporation thereof. promoter/ promoter group/ group companies Save and except as mentioned above, the have any interest in the entity being acquired? promoter/ promoter group/ group companies are If yes, nature of interest and details thereof not interested in the proposed Subsidiary. and whether the same is done at “arms-length” 3 Industry to which the entity being acquired Required details branding and marketing of belongs food products range, in particular fruits and vegetable. 4 Objects and effects of acquisition (including The proposed Subsidiary will carry on the but not limited to, disclosure of reasons for business related to branding and marketing of acquisition of target entity, if its business is food products range, in particular fruits and outside the main line of business of the listed vegetable. entity) The business of the proposed Subsidiary is not outside the main line of business of the Company. 5 Brief details of any governmental or The incorporation of the proposed Subsidiary is regulatory approvals required for the subject to the approval of the MCA and other acquisition relevant statutory/regulatory authorities as may be applicable. 6 Indicative time period for completion of the The incorporation of the proposed Subsidiary acquisition will be completed subject to receipt of approvals of the statutory/regulatory authorities as may be applicable. The necessary update will be given once the Subsidiary is incorporated. 7 Nature of consideration -whether Subscription of shares in the proposed cash consideration or share swap and details Subsidiary will be by way of cash consideration. of the same 8 Cost of acquisition or the price at which the The Company will be paying cash consideration shares are acquired to the proposed Subsidiary towards subscription of 51% shareholding. 9 Percentage of shareholding / control acquired 51% and / or number of shares acquired Foods & Inns Ltd. Corporate Address: J. N. Heredia Marg, Hamilton House, 3rd floor, Ballard Estate, Mumbai - 400038 +91-22-22613102 | writetous@foodsandinns.com | www.foodsandinns.com | CIN No: L55200MH1967PLC013837 Registered Address: Udyog Bhavan, 2nd Floor, 29 Walchand Hirachand Marg, Ballard Estate, Mumbai 400038 10 Brief background about the entity acquired in Not Applicable. terms of products/line of business acquired, date of incorporation, history of last 3 years The Subsidiary is proposed to be incorporated. turnover, country in which the acquired entity has presence and any other significant information (in brief) Foods & Inns Ltd. Corporate Address: J. N. Heredia Marg, Hamilton House, 3rd floor, Ballard Estate, Mumbai - 400038 +91-22-22613102 | writetous@foodsandinns.com | www.foodsandinns.com | CIN No: L55200MH1967PLC013837 Registered Address: Udyog Bhavan, 2nd Floor, 29 Walchand Hirachand Marg, Ballard Estate, Mumbai 400038