The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vasudev Sawlani

VASUDEV FATANDAS SAWLANI 2, Sawlani Estate, Near Pizza Hutt, Ghod Dod Road, Umra Surat-395007, Gujarat Date: 19/08/2026 To, To, BSE Limited Shantai Industries Limited Phiroze Jeejeebhoy Towers, Shop 10 2nd Floor, Agrasen Point, Nr. Agrasen Bhavan, Dalal Street, City light Road, Bharthana, Mumbai- 400001 Surat-395007, Gujarat, India Sub: Disclosure under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 In compliance with the Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, I am enclosing herewith the consolidated disclosure as required under aforementioned regulations, w.r.t. target company Shantai Industries Limited. This is for your information and records. Thanking You, Vasudev Fatandas Sawlani Promoter Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Name of the Target Company (TC) Shantai Industries Limited Name(s) of the acquirer seller and Persons Acting in Concert (PAC) As per Annexure I with the acquirer seller Whether the acquirer seller belongs to Promoter / Promoter group Yes Name(s) of the Stock Exchange(s) where the shares of TC are Listed BSE Limited Details of the acquisition as follows Number % w.r.t. total % w.r.t. total share / diluted share / voting capital voting capital of wherever the TC (**) applicable (*) Before the acquisition sale under consideration, holding of: a) Shares carrying voting rights 55,80,000 74.40 % 74.40 % - - - b) Shares in the nature of encumbrance (pledge / lien / non- disposal undertaking / others) - - - c) Voting rights (VR) otherwise than by shares - - - d) Warrants / convertible securities / any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) e) Total (a+b+c+d) 55,80,000 74.40 % 74.40 % Details of acquisition/ sale a) Shares carrying voting rights acquired 55,80,000 74.40 % 74.40 % b) VRs acquired otherwise than by shares - - - c) Warrants / convertible securities / any other instrument that - - - entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired d) Shares encumbered / invoked / released by the acquirer e) Total (a+b+c+/-d) 55,80,000 74.40 % 74.40 % After the acquisition/ sale, holding of: a) Shares carrying voting rights 0.00 0.00 % 0.00 % b) Shares encumbered with the acquirer - - - c) VRs otherwise than by shares - - - d) Warrants / convertible securities / any other instrument that - - - entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition e) Total (a+b+c+d) 0.00 0.00 % 0.00 % Mode of acquisition/ sale (e.g. open market/ off-market/public Off Market pursuant to Share Purchase issue/ rights issue / preferential allotment / inter-se transfer etc). Agreement Date of acquisition/ sale 17-08-2026 Equity share capital / total voting capital of the TC before the said 75,00,000 Equity Shares of Rs. 2/- each acquisition/ sale Equity share capital / total voting capital of the TC after the said 75,00,000 Equity Shares of Rs. 2/- each acquisition/ sale Total diluted share / voting capital of the TC after the said 75,00,000 Equity Shares of Rs. 2/- each acquisition Vasudev Fatandas Sawlani Place: Surat Date: 19/08/2026 Annexure I SN Name Category Number of % w.r.t. total share / voting shares sold capital 1. V asudev Fatandas Sawlani Promoter 18,60,000 24.80 % 2. M urlibhai Fatandas Sawlani Promoter 12,00,000 16.00 % 3. H arishbhai Fatandas Sawlani Promoter 12,00,000 16.00 % 4. D isha Murlidhar Sawlani Promoter 6,60,000 08.80 % 5. R eena Harish Sawlani Promoter 6,60,000 08.80 % Total 55,80,000 74.40 %