Corporate Professionals Capital Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Offer Opening Public Announcement and Corrigendum to the Detailed Public Statement under ....

OFFER OPENING PUBLIC ANNOUNCEMENT AND CORRIGENDUM TO THE DETAILED PUBLIC STATEMENT UNDER REGULATION 18(7) OF SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011 (‘SEBI (SAST) REGULATIONS, 2011’) FOR THE ATTENTION OF THE SHAREHOLDERS OF JAI MATA GLASS LIMITED CIN: L26101HP1981PLC004430 Registered Office: Village Tipra Tehsil Barotiwala, Solan, Himachal Pradesh, 174103 Ph. No.: 0179-2255177 / 2255359 / 41536830 E-mail: admin@jaimataglass.com; jaimataglassltd@gmail.com Website: www.jaimataglass.com OPEN OFFER FOR THE ACQUISITION OF 2,60,00,000 EQUITY SHARES FROM THE SHAREHOLDERS OF JAI MATA GLASS LIMITED BY MR. ASHWANI GULATI, MS. KIRAN GULATI AND M/S VEERASHA TRUST. This Offer Opening Public Announcement and Corrigendum to the Detailed Public Statement acting in concert with Acquirers, existing members of the promoter and promoter group along with Announcement is being issued by Corporate Professionals Capital Private of the Target Company, persons acting in concert with the members of the promoter and Limited, for and on behalf of Mr. Ashwani Gulati (‘Acquirer 1’), Ms. Kiran Gulati (‘Acquirer promoter group, and the parties to the Share Purchase Agreement dated July 13, 2026, 2’), M/s Veerasha Trust (‘Acquirer 3’) (hereinafter collectively referred to as ‘Acquirers’) including any persons deemed to be acting in concert with such parties) are eligible to pursuant to Regulation 18(7) of SEBI (SAST) Regulations, 2011 in respect of the Takeover Open participate in the Offer any time before the Closure of the Offer. Offer to acquire shares of Jai Mata Glass Limited (hereinafter referred to as ‘JMGL’/ ‘Target 2. As directed by SEBI, we have incorporated the following paragraph in the letter of offer Company’). The Detailed Public Statement (‘DPS’) with respect to the aforementioned offer was under the head “Documents for Inspection” under clause no. 09 in the LOO, as follows- published on July 20, 2026, Monday in Financial Express (English) (All Editions), Jansatta (Hindi) “The following documents are regarded as material documents and are available (a) (All Editions) and Prathakal (Marathi) (Mumbai Edition). physically, for inspection at the office of the Manager to the Offer at D-28, South Extn. 1) Offer Price of INR 1.85/- (Indian Rupee One and Eight Five Paisa Only) per Equity Share of Part-I, New Delhi – 110049 from 10.30 A.M. to 1.00 P.M. on any working day, except the Target Company payable in cash. Saturdays, Sundays and Holidays and (b) electronically, by placing a request from their 2) Independent Directors Committee (IDC) recommends that the Offer Price being in registered email ids with a subject line “Documents for Inspection – JMGL Open Offer”, to compliance with the applicable regulations can be considered as fair and reasonable. the Manager to the Open Offer at mb@indiacp.com and by providing shareholder details The recommendations of IDC were published in Financial Express (English) (All Editions), including DP id, client id, Folio No. etc. and authority letter (in case when the shareholder Jansatta (Hindi) (All Editions) and Prathakal (Marathi) (Mumbai Edition) on August 18, 2026, is a corporate body); and upon receipt and processing of the received request a virtual Tuesday. data room link will be shared with the concerned Shareholder where the documents for 3) This is not a competing offer. inspection can be accessed, until the Closure of the Offer.” 4) Letter of Offer (‘LOO’) has been dispatched to all the equity shareholders of Target 3. As directed by SEBI, we have removed the phrase “to the best of the knowledge” which Company whose names appear in its Register of Members on August 07, 2026, Friday, the is appearing at clause 7.4.1 on Page 27 of the Letter of Offer. Further, the revised clause Identified Date. 7.4.1 as incorporated in LOO is – 5) The LOO along with the Form of Acceptance cum Acknowledgement is also available on SEBI’s “No statutory approval is required to complete the acquisition of underlying transaction as website, www.sebi.gov.in, BSE’s website, www.bseindia.com, and the website of Manager to on the date of this LOO. If, however, any statutory or other approval becomes applicable the Offer, www.corporateprofessionals.com and shareholders can also apply by downloading prior to completion of such acquisitions, the Offer would also be subject to such other such forms from the website. Further, in case of non-receipt/non-availability of the Form of statutory or other approval(s) being obtained. Acquirers will not proceed with the Offer Acceptance, the application can be made on plain paper along with the following details: in the event such statutory approvals that are required if refused, in terms of Regulation a) In the case of Equity Shares held in physical form— 23(1)(a) of SEBI (SAST) Regulations. This Offer is subject to all other statutory approvals The Public Shareholders who are holding physical Equity Shares and intend to participate that may become applicable at the later (which are not applicable on the date of LOO) in the Open Offer shall approach the Selling Broker. The Selling Broker should place before the completion of the Open Offer.” bids on the Designated Stock Exchange platform with relevant details as mentioned 4. As directed by SEBI, we have incorporated the following paragraph in clause 3.3 of the on physical share certificate(s). The Selling Broker(s) shall print the TRS generated by LOO on Page 13 as below- the Exchange Bidding System. TRS will contain the details of order submitted like Folio “The Acquirer have not formulated any proposal as on the date of this LOF which may No., Certificate No., Dist. Nos., No. of Equity shares etc. and such equity shareholders have an adverse material impact on employees and location of place of business of the should note that physical Equity Shares will not be accepted unless the complete set of Target Company.” documents as mentioned in para 8.12 is submitted. Acceptance of the physical Equity 7) Other material changes from the date of PA- Shares for the Open Offer shall be subject to verification by the Registrar & Transfer Agent 1. Kindly note that during our review and examination of the documents pertaining to the (RTA). On receipt of the confirmation from the RTA, the bid will be accepted otherwise it Open Offer, it was observed that the telephone number of the Target Company was would be rejected and accordingly the same will be depicted on the exchange platform. inadvertently mentioned in the DLOO and LOO as 022-66239358. Kindly take note of b) In case of Equity Shares held in dematerialized form— the correct telephone numbers of the Target Company, being 0179-2255177 / 2255359 Eligible Person(s) may participate in the Offer by approaching their respective Selling / 41536830. Broker and tender Shares in the Open Offer as per the procedure mentioned under para 8) The Open Offer will be implemented through Stock Exchange Mechanism made available by 8.11 of the Letter of Offer. the Stock Exchanges in the form of separate window (’Acquisition Window’) as provided 6) Changes suggested by SEBI in their comments to be incorporated— under the SEBI (SAST) Regulations and SEBI circular CIR/CFD/POLICY/CELL/1/2015 dated 1. Revised and Original schedule of Activities— April 13, 2015 as amended via SEBI Circular CFD/DCR2/CIR/P/2016/131 dated December 09, 2016 and as per further amendment vide SEBI circular numbered SEBI/HO/CFD/DCR-III/ ACTIVITY ORIGINAL DATE REVISED DATE CIR/P/2021/615 dated August 13, 2021 read along with SEBI Master circular bearing number AND DAY AND DAY SEBI/HO/CFD/PoD-1/P/CIR/2023/31 dated February 16, 2023. Acquirers have appointed Public Announcement (PA) Date July 13, 2026 July 13, 2026 Nikunj Stock Brokers Limited (‘Buying Broker’) for the Open Offer through whom the Monday Monday purchases and settlement of Open Offer shall be made during the Tendering Period. The Detailed Public Statement (DPS) Date July 20, 2 [Showing first 8,000 characters — download PDF for full document]