The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jinesh Pandav

Jinesh Kanaiyalal Pandav B-16/17, Balvant Nagar Society, Kataragam, Surat-395004, 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, Citylight Road, Bharthana, Mumbai- 400001 Surat-395007, Gujarat, India Sub: Disclosure under Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 In compliance with the Regulation 29(1) 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, Jinesh Kanaiyalal Pandav Acquirer Disclosures under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Part-A - Details of the Acquisition Name of the Target Company (TC) Shantai Industries Limited Name(s) of the acquirer and Persons Acting in Concert (PAC) with As per Annexure I the acquirer Whether the acquirer belongs to Promoter / Promoter group No 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 under consideration, holding of acquirer along with PACs of: a) Shares carrying voting rights 0.00 0.00 % 0.00 % - - - 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) 0.00 0.00 % 0.00 % Details of acquisition 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 in the nature of encumbrance (pledge/ lien/ nondisposal - - - undertaking/ others) e) Total (a+b+c+/-d) 55,80,000 74.40 % 74.40% After the acquisition, holding of: a) Shares carrying voting rights 55,80,000 74.40 % 74.40 % b) VRs 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) after acquisition d) Shares in the nature of encumbrance (pledge/ lien/ nondisposal - - - undertaking/ others) e) Total (a+b+c+d) 55,80,000 74.40 % 74.40 % 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 Salient features of the securities acquired including time till N. A redemption, ratio at which it can be converted into equity shares, etc. Date of acquisition 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 Equity share capital / total voting capital of the TC after the said 75,00,000 Equity Shares of Rs. 2/- each acquisition Total diluted share / voting capital of the TC after the said 75,00,000 Equity Shares of Rs. 2/- each acquisition Part-B Name of the Target Company: Shantai Industries Limited Name(s) of the acquirer and Whether the acquirer belongs to PAN of the acquirer and/ or PACs Persons Acting in Concert (PAC) Promoter/ Promoter group with the acquirer Radhe Dhokla Private Limited No AALCR7247L Dishant Kanubhai Pandav GKYPP4417G Nikunj Vijaybhai Prajapati EIAPP3067G Jinesh Kanaiyalal Pandav CTAPP0917L Pradipkumar Vijaybhai Pandav GFVPP8517P Jinesh Kanaiyalal Pandav Acquirer Place: Surat Date: 19/08/2026 Annexure I S. Name(s) of the acquirer and Persons Acting in Number of shares Acquired % w.r.t. total share / No. Concert (PAC) with the acquirer voting capital 1 Radhe Dhokla Private Limited 49,80,000 66.40% 2 Dishant Kanubhai Pandav 75,000 1.00% 3 Nikunj Vijaybhai Prajapati 75,000 1.00% 4 Jinesh Kanaiyalal Pandav 3,75,000 5.00% 5 Pradipkumar Vijaybhai Pandav 75,000 1.00% Total 55,80,000 74.40%