Beeline Capital Advisors Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Draft Letter of Offer for the attention of the eligible shareholders of ECS Biztech Ltd ("Target Company").

DRAFT LETTER OF OFFER THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION This Draft Letter of Offer is sent to you as a Shareholder(s) of ECS Biztech Limited. If you require any clarifications about the action to be taken, you may consult your stock broker or investment consultant or Manager to the Offer or Registrar to the Offer. In case you have recently sold your shares in ECS Biztech Limited, please hand over this Draft Letter of Offer and the accompanying Form of Acceptance cum acknowledgement and Transfer Deed to the member of the Stock Exchange through whom the said sale was affected. OPEN OFFER (“OFFER”) Mr. Rakesh Ramanlal Shah (“ACQUIRER”) Address: E-37, Ayojannagar Society, Near Shreyas Crossing, Paldi, Ahmedabad-380007 Tel. No.: 079-26554100 | Email: corporatefilling2016@gmail.com; Komal Infotech Private Limited (“PERSON ACTING IN CONCERT WITH THE ACQUIRER”/ “PAC”) Registered Address: 40, Asia House, Nr Swastikchar Rasta, Navrangpura, Ahmedabad- 380009 Tel. No.: 079-26575757 | Email: srkpahmedabad@gmail.com; to the Equity Shareholders of ECS BIZTECH LIMITED (“EBL” / “TARGET COMPANY”) Corporate Identification Number (CIN): L30007GJ2010PLC063070 Registered Office: B-02, The First, ECS Corporate House, behind keshvbaug Party Plot, Off 132 Ft. Road, Vastrapur, Ahmedabad- 380015 Contact No.: +91 8980005048 | Email Id: secretarial@ecscorporation.com | Website: www.ecscorporation.com For the acquisition of upto 53,44,313 (Fifty-Three Lakhs Forty-Four Thousand Three Hundred and Thirteen) Fully Paid-Up Equity Shares of the face value of Rs. 10/- each (“Equity Shares”), representing 26.00% of the total paid-up / voting Share Capital of the Target Company, at an offer price of Rs. 10.50/- (Rupees Ten and Paise Fifty Only) per fully paid-up Equity Share (the “Offer Price”) payable in Cash, pursuant to the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 as amended from time to time (“SEBI (SAST) Regulations”). PLEASE NOTE: 1) This Offer is being made by the Acquirer and PAC pursuant to Regulations 3(1) & 4 of SEBI (SAST) Regulations for substantial acquisition of Equity Shares / voting rights accompanied with control over the management and affairs of the Target Company. 2) The Offer is not conditional upon any minimum level of acceptance in terms of Regulation 19(1) of SEBI (SAST) Regulations. 3) This Offer is not a Competing Offer as per Regulation 20 of the SEBI (SAST) Regulations. 4) There is no competing offer as on the date of this Draft Letter of Offer. If there is competing offer at any time hereafter, the offers under all the subsisting bids will open and close on the same date. 5) As on the date of this Draft LOO, there are no statutory and other approvals required for this Open Offer. However, this Open Offer is subject to all other statutory approvals that may become applicable at a later date before the completion of the Open Offer as described in paragraph 7.4. 6) Upward revision, if any, in the Offer Price and / or Offer Size by the Acquirer and PAC at any time prior to the commencement of the last one working day before the commencement of the tendering period i.e. up to Monday, September 21, 2026 or in the case of withdrawal of offer, the same would be informed by way of an Announcement in the same newspapers in which the original Detailed Public Statement in relation to this Open Offer was published. Such revision in the Offer Price would be payable for all the equity shares validly tendered anytime during the tendering period and accepted under the Open Offer. 7) The Shareholders who tender equity shares in acceptance of the Open Offer in terms of the Public Announcement / Detailed Public Statement / Letter of Offer, shall not be entitled to withdraw such acceptance during the Tendering Period. 8) A copy of Public Announcement, Detailed Public Statement, Draft Letter of Offer and Letter of Offer (including Form of Acceptance cum Acknowledgement) is also available on SEBI’s website: www.sebi.gov.in. All future correspondence, if any, should be addressed to the Manager to the Offer/ Registrar to the Offer at the address mentioned below: MANAGER TO THE OFFER REGISTRAR TO THE OFFER Beeline Capital Advisors Private Limited Registered Office: B/1311-1314, Shilp Corporate Park, Near Rajpath Purva Sharegistry (India) Private Limited Club, Rajpath Rangoli Road, Sarkhej - Gandhinagar Hwy, CIN No: U67120MH1993PTC074079 Ahmedabad-380054 SEBI Registration No: INR000001112 Tel. No.: 079 – 49185784 Registered Office: Unit No. 9, Ground Floor, Shiv Shakti Industrial Email: mb@beelinemb.com Estate, J. R. Boricha Marg, Lower Parel (E), Mumbai - 400011 Investor Grievance E-mail: ig@beelinemb.com Contact Person: Ms. Deepali Gaonkar Website: www.beelinemb.com Tel No.: +91-22-4961 4132 Contact Person: Mr. Nikhil Shah Email Id: support@purvashare.com SEBI Registration No.: INM000012917 Website: www.purvashare.com OFFER OPENS ON: Tuesday, September 22, 2026 OFFER CLOSES ON: Tuesday, October 06, 2026 SCHEDULE OF MAJOR ACTIVITIES Major Activities Day and Dates Public Announcement Wednesday, July 29, 2026 Publication of Detailed Public Statement Wednesday, August 05, 2026 Last Date of Filing of Draft Letter of Offer with SEBI Wednesday, August 12, 2026 Last Date for a Competing Offer Thursday, August 27, 2026 Receipt of Comments from SEBI on Draft Letter of Offer Thursday, September 03, 2026 Identified Date* Monday, September 07, 2026 Date by which Letter of Offer will be dispatched to the Shareholder Tuesday, September 15, 2026 Last date by which a Committee of Independent Directors of the Target Company shall Friday, September 18, 2026 provide its recommendations on the Open Offer Last Day of Revision of Offer Price / Share Monday, September 21, 2026 Date of Publication of Offer Opening Public Announcement Monday, September 21, 2026 Date of Opening of the Offer Tuesday, September 22, 2026 Date of Closing of the Offer Tuesday, October 06, 2026 Date of communicating the rejection / acceptance and payment of consideration for the Wednesday, October 21, 2026 acquired share * Identified Date is only for the purpose of determining the names of the Shareholders as on such date to whom the Letter of Offer would be sent. All owner (registered or unregistered) of equity shares of the Target Company (except the parties to the SPA, any person acting in concert or deemed to be acting in concert with the such parties) are eligible to participate in the offer any time before the closure of the Offer. RISK FACTORS Given below are the risks related to the transaction, proposed Offer and those associated with the Acquirers: 1) Relating to transaction a) The Offer is subject to the compliance of terms and conditions as mentioned under Share Purchase Agreement (“SPA”) dated July 29, 2026. In terms of Regulation 23(1) of the SEBI Takeover Regulations if such conditions are not satisfactorily complied with, the Offer would stand withdrawn. 2) Relating to the Offer a) To the best of the knowledge of the Acquirer and PAC, no statutory and other approvals apart from those mentioned in paragraph 7.4 of this Draft Letter of Offer, are required by the Acquirer and PAC to complete this Offer. If any other statutory approvals are required or become applicable at a later date before the completion of the Open Offer, the Open Offer would be subject to the receipt of such other statutory approvals also. The Acquirer and PAC will not proceed with the Open Offer in the event such statutory approvals are refused in terms of Regulation 23 of the SEBI (SAST) Regulations. This Open Offer is subject to all other statutory approvals that may become applicable at a later date before the completion of the Open Offer. While the Acquirer and PAC shall make the necessary applications for such approvals, in case of delay in receipt of any such statutory approvals, as per Regulation 18(11) of the SEBI (SAST) Regulations, SEBI ma [Showing first 8,000 characters — download PDF for full document]