Aftertrade Broking Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Detailed Public Statement in terms of Regulations 3(1) read with Regulations 13, 14 and 15(1) and other ....

The General Manager BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai – 400 001 Dear Sir /Madam, SUB: DETAILED PUBLIC STATEMENT TO THE SHAREHOLDERS OF MAHAN INDUSTRIES LIMITED (“TARGET COMPANY”) IN TERMS OF REGULATION 3(1) OF SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011 We, Aftertrade Broking Private Limited (hereafter referred to as “Manager to the Offer”), are hereby submitting the Detailed Public Statement made by us on behalf of Mr. Nishil Sanjaykumar Shah (“Acquirer-1”) and Mr. Niranjan Navratanmal Jain (“Acquirer - 2”) are collectively referred to as the “Acquirers”), to acquire 20,02,000 equity shares representing 26% of total paid-up equity shares of Target Company at a price of Rs. 12/- for each equity shares of Target Company, pursuant to and in compliance with Regulation 3(1) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto. Kindly take the same on your record. Yours Faithfully, For, Aftertrade Broking Private Limited Vanesh Panchal Director DIN:06944544 SEBI Regd Number: INM000013110 Place: Ahmedabad Date: July 21, 2026 Encl: 1. Detailed Public Statement 2. E- Newspaper Copy