Acquisition

Date: July 21,2026 The General Manager The General Manager Department of Corporate Services, Department of Corporate Services, BSE Limited National Stock Exchange of India Limited Phiroze Jee Jee Bhoy Tower Exchange Plaza, Bandra Kural Complex, Bandra Dalal Street, (East), Mumbai – 400051 Fort Mumbai – 400001 Symbol: INNOVANA Scrip Code: 544302 Dear Sir/Madam, Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to provision of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulation”), we hereby inform you that the Board of Directors of Innovana Thinklabs Limited ("the Company"), at its meeting held today, i.e., July 21, 2026, has approved the acquisition of 0.30% equity stake in Mount Everest Breweries Limited. The detailed disclosure as required under Regulation 30 of the SEBI Listing Regulations, read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30,2026, are enclosed as Annexure A. You are requested to kindly take the same on record. FOR INNOVANA THINKLABS LIMITED Vasu Ajay Anand Company Secretary and Compliance Officer Annexure A Disclosure as required under Regulation 30 of the Listing Regulations, read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30,2026 S.no Particulars Details 1. Name of Target Entity, Details in brief such as Name: Mount Everest Breweries Limited size, turnover etc. CIN: U15549MP1999PLC049379 Authorized Share Capital: Rs. 60,00,00,000/- Paid-up Capital: Rs. 44,86,59,040/- Total Revenue (FY 2025-26): Rs. 1,02,057.52 Lakhs 2 Whether the acquisition would fall within The proposed acquisition will not be a Related related party transaction (s) and whether the Party transaction. 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 belongs. Mount Everest Breweries Limited is engaged in business of Manufacturing and marketing of beer 4 Objects and effects of acquisition (including The investment is being made as a strategic but not limited to, disclosure of reasons for financial investment with the objective of acquisition of target entity, if its business is creating long-term value for the Company. The outside the main line of business of the acquisition is expected to provide an Company) opportunity to participate in the future growth of the target entity and diversify the Company's investment portfolio. The acquisition does not result in acquisition of control or management rights in the target entity. 5 Brief details of any governmental or regulatory Not Applicable approvals required for the acquisition 6 Indicative Time period of acquisition 1 month 7 Nature of consideration - whether cash Cash consideration by way of subscription to consideration or share swap and details of the share capital. same S.no Particulars Details 8 Cost of acquisition or the price at which Rs. 3,00,00,153 (Rupees Three Crore One the shares are acquired; Hundred Fifty-Three Only) for subscription of 1,36,987 equity shares at Rs. 219 per share. 9 Percentage of shareholding/ control and/ or Acquisition of 1,36,987 equity shares, number of shares acquired representing 0.30% of the paid-up equity share capital of Mount Everest Breweries Limited 10 Brief background about the entity acquired in Mount Everest Breweries Limited (“MEBL”) is terms of products/line of business acquired, Public limited company incorporated under the history of last 3 years' turnover, country in Companies Act, 1956 on August 13, 1999, which the acquired entity has presence and any having its registered office at 4th Floor, BPK other significant information (in brief) Star Tower A.B. Road, Indore, Indore, Madhya Pradesh, India, 452008. Turnover of Mount Everest Breweries Limited for last three financial years: (Rs. In Lakhs) 2025-26 2024-25 2023-24 1,02,057.52 70,482.56 54,753.13