Board meeting outcome

Date: 21-08-2026 The Manager BSE Limited, Corporate Relationship Department Phirozee Jeejee Bhoy Towers, Dalal Street, Mumbai-400001 Scrip code: ZMILGFIN | 511018 Sub: Outcome of Board Meeting – 21.08.2026 Dear Sirs/ Madam, The Board of Directors of Milgrey Finance & Investments Ltd at its Meeting held today i.e. on 21st August 2026, has considered and approved the following proposal: Proposal to acquire 60% equity stake in Fidus Parkland Pvt Ltd for a consideration based on the current valuation of ₹83 Crores. The acquisition shall be executed through a share swap arrangement. The share swap ratio shall be determined in due course by Board of Directors, based on independent valuation reports and fairness opinion. (Detailed information as required under Regulation 30 of the SEBI (LODR) Regulations, 2015 read with SEBI Circular No, SEBIMHO/CFD/CFD-PoD-I/P/C1R/2023/123 dated 13 July 2023 is enclosed as “Annexure A”) The meeting commenced at 4:00 PM (IST) and concluded at 5:00PM(IST). The above information will also be available on the website of the Company. Thanking You Yours faithfully, For Milgrey Finance & Investments Ltd Annexure A a) name of the target entity, details in brief Fidus Parkland Pvt Ltd such as size, turnover etc.; b) Whether the acquisition would fall within No. related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at "arms length"; c) industry to which the entity being acquired Fidus Parkland Pvt Ltd is engaged in the real belongs; estate business. d) objects and effects of acquisition To diversify company's business activities (including but not limited to, disclosure of into Real estate segment 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 No governmental or regulatory approvals regulatory approvals required for the shall be required. acquisition; f) indicative time period for completion of The transaction will be completed or on or the acquisition; before 31.03 .2027. g) nature of consideration - whether cash consideration by way of acquisition of 60% consideration or share swap and detal]s of stake of Target company by way of allotment the Same; of fresh equity shares of Milgrey Finance & Investments Ltd. h) cost of acquisition or the price at which The Cost of Acquisition shall be Rs.49.80 the shares are acquired; Crores. i) percentage of shareholding / control 60% acquired and / or number of shares acquired; j) brief background about the entity acquired Fidus Parkland Pvt Ltd is engaged Real Estate in terms of products/line of business business. acquired, date of incorporation history of last 3 years turnover country in which the acquired entity has presence and any other significant information (in brief);