Disclosure under SEBI Takeover Regulations

SANDEEP D. MAHESHWARI CA, Insolvency Professional Reg. No. IBBI/IPA-001/IP-P00640/2017-2018/11093 Email id: setu.cirp@gmail.com AFA valid up to 31.12.2026 Stress Credit Resolution Private Limited, 807, 8th Floor, B-Wing, East Point, 90 Feet Road, Ghatkopar East, Mumbai 400086. April 6, 2026 To, To, The Manager, The Manager, Listing Department, Listing Department, National Stock Exchange of India Ltd. Exchange BSE Ltd. Plaza, Bandra-Kurla Complex, Bandra (East), P J Towers, Dalal Street, Mumbai - 400 051 Mumbai - 400 001 NSE Symbol: SETUINFRA BSE Scrip Code: 533605 Sub: Clarification pertaining to Declaration under Regulation 31(4) & (5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for the financial year ended 31 March 2026. Dear Sir/Madam, We hereby inform you that the Corporate Insolvency Resolution Process (“CIRP”) application filed by the State Bank of India in respect of Setubandhan Infrastructure Limited (“Corporate Debtor”/“CD”) under Section 7 of the Insolvency and Bankruptcy Code, 2016 (“IBC”), was admitted by the Hon’ble National Company Law Tribunal, Mumbai Bench, vide order dated 28 November 2022. Pursuant to the said order, the undersigned was appointed as the Interim Resolution Professional (“IRP”) and subsequently confirmed as the Resolution Professional (“RP”) by the Committee of Creditors (“CoC”) in its first meeting held on 28 December 2022. The CoC approved a resolution plan, which was thereafter submitted to the Hon’ble National Company Law Tribunal, Mumbai Bench. However, vide order dated 24 March 2025, the Hon’ble NCLT rejected the Resolution Plan. An appeal has been filed before the Hon’ble National Company Law Appellate Tribunal (“NCLAT”) on 09 July 2025, against the said rejection order, and the matter is currently pending adjudication. This is to inform you that in terms of Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, the promoter of every target company shall declare on a yearly basis, that he/she along with persons acting in concert, has not made any encumbrance, directly or indirectly, other than those already disclosed during the financial year. In terms of Regulation 31(5) The declaration required under above regulation shall be made within seven working days from the end of each financial year to every stock exchange where the shares of the target company are listed; and the audit committee of the target company. In the matter of the Corporate Debtor, the undersigned has not yet received the said disclosures from the current promoters. Furthermore, the contact details of the current promoters are not available either with the previous management or with the present officials of the Company. SANDEEP D. MAHESHWARI CA, Insolvency Professional Reg. No. IBBI/IPA-001/IP-P00640/2017-2018/11093 Email id: setu.cirp@gmail.com AFA valid up to 31.12.2026 Stress Credit Resolution Private Limited, 807, 8th Floor, B-Wing, East Point, 90 Feet Road, Ghatkopar East, Mumbai 400086. While the Resolution Professional is committed to ensuring full regulatory compliance, the current unavailability of the promoters' contact details has precluded the necessary communication to secure the required declarations. You are requested to kindly take the above information on record. Thanking You, Yours Sincerely, For Setubandhan Infrastructure Limited (Company undergoing Corporate Insolvency Resolution Process) Sandeep D. Maheshwari Resolution Professional Setubandhan Infrastructure Limited IBBI Regn. No.: IBBI/IPA-001/IP P00640/2017-18/11093 IBBI Regd. Email: ayunish@yahoo.com Process ID: setu.cirp@gmail.com AFA Validity: 31-Dec-26