Acquisition of additional equity shares in Shanthi Gears Limited, a subsidiary company

Tube lnvestments of lndla Llmlted "Chola Crest'i No. C54-55 & Super B-4, Thiru - Vi - Ka lndu5trial Estate, Guindy, Chennal-600 032. Tel: 91 44 4217 777 0-5 Email;tii-secretarial@tii.murugappa.com INDIA Website: www.tiindia.com CIN: 135100TN2008P1C069496 21stAugust2026 National Stock Exchange of lndia Limited BSE Limited Exchange Plaza, Sth Floor 1st Floor, New Trading Ring Plot No. Cl|, G Block Rotunda Building, P J Towers Bandra-Kurla Complex, Bandra (E) Dalal Street, Fort Mumbai400051 Mumbai400001 NSE Svmbol: TllNDlA BSE Scrip Gode: 540762 Dear Sir / Madam, Sub: lntimation under Requlation 30 of SEBI (Listinq Obliqations and Disclosure Requirements) Requlations. 2015 - Acquisition of additional equitv shares in M/s. Shanthi Gears Limited. a subsidiarv companv We wish to inform that, pursuant to the approval accorded by the Board of Directors of the Company at its meeting held today (2lstAugust 2026), the Company has acquired 20,64,713 equity shares of face value of Re. 1 each of Shanthi Gears Limited ('SGL"), a listed subsidiary of the Company, representing 2.690/o of the paid-up share capital of SGL, by way of a block deal today, i.e. 21st August 2026. Pursuant to the aforesaid acquisition, the Company's shareholding in SGL has increased from 70.460/o to 73.160/o. The details are in the annexed statement of disclosure furnished pursuant to Regulation 30 of the SEBI Listing Regulations and SEBI Master Circular dated 30th January 2026. We request you to kindly take the above on record Thanking you, Yours faithfully, FoT TUBE INVESTMENTS OF INDIA LIMITED k-PJ- S KRITHIKA COMPANY SECRETARY murugopPq INDIA Disclosure pursuant to Regulation 30 of the SEBI Listing Regulations and SEBI Master Circular dated 30th January 2026 relating to acquisition of additional equitv shares of Shanthi Gears Limited. a subsidiary of the company. Disclosure requirement Details a) name of the target entity, details in Shanthi Gears Limited ('SGL'), a listed brief such as size, turnover etc. subsidiary of the Company is engaged in the business of design and manufacture of Gears, Gear boxes, Geared Motors, and Gear Assemblies, refurbishing & repairing of gear boxes. lssue and paid-up equity share capital - Rs 7.67 Cr. As on 31st March 2026, the turnover of SGL is Rs.518.72Cr. b) whether the acquisition would fall The acquisition will not fall within the within related party transaction(s) and meaning of a related party transaction. whether the promoter/ promoter group/ group companies have any interest in The acquisition of shares was executed the entity being acquired? lf yes, through the Stock Exchange via block deal. nature of interest and details thereof and whether the same is done at "arm's lgngth". c) industry to which the entity being Gears and Gear boxes manufacturing acquired belongs. d) objects and impact of acquisition As part of the long-term investment plans of (including but not limited to, disclosure Til. of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity). e) brief details of any governmental or Not Applicable regulatory approvals required for the acquisition. indicative time period for completion of Completed on 2l.tAugust 2026 the acquisition. g) consideration - whether cash All cash consideration consideration or share swap or any other form and details of the same. h) cost of acquisition and/or the price at Cost of acquisition of about Rs. 77.49 Cr which the shares are acquired. i) percentage of shareholding / control 20,64,713 equity shares representing 2.690/o acquired and / or number of shares of the equity share capital of SGL. acquired. murugoPPo INDIA Disclosure requirement Details brief background about the entity SGL was incorporated on 1st July 1972 and acquired in terms of products/line of is engaged in the business of of design and business acquired, date of manufacture of Gears, Gear boxes, Geared incorporation, history of last 3 years Motors, and Gear Assemblies, refurbishing turnover, country in which the acquired & repairing of gear boxes. entity has presence and any other significant information (in brief). Turnover of last 3 years FY 2025-26: Rs.518.72 Cr. FY 2024-25: Rs.604.62 Cr FY 2023-24: Rs. 536.05 Cr murugoppo