Turnaround Corporate Advisors Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Public Announcement ("PA") as required under Regulation 3(1) and Regulation 4 read with Regulation ....

TURNAROUND CORPORATEADVISORS PRIVATE LIMITED ASEBI Registered Category-I Merchant Banker August 21, 2026 Corporate Relationship Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001 Dear Sirs, Subject: Open Offer for acquisition of upto 58,43,327 (Fifty-Eight Lakh Forty-Three Thousand Three Hundred Twenty Seven Only) fully Paid Up Equity Shares of face value of RS. 10/-each yam India Investment Company Limited(hereinafter referred to as Company representing 26.00% ofthe Paid Up Equity Share Capital of the Target Company by Nagabhyru Srikanth ( We are pleased to submit following documents related to the captioned Public Offer: 1. Copy of Public pursuant to Regulation 15(1) read with Regulation 13 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and 2. One no. of Compact Disk (CD), containing a soft copy of the Public Announcement in PDF format. The following persons from our office will remain available to answer queries, if any, in this respect. Contact Person Telephone Email Mr. Heemadri Mukerjea +91 11-45510390 info@tcagroup.in Thanking You, Yours Truly, For TURNAROUND CORPORATE ADVISORS PRIVATE LIMITED (HEEMADRI MUKERJEA) Managing Director CIN:U74140DL2015PTC278474 SEBIRegistrationNo.:MB/INM000012290 CorporateOffice : First Floor, C-966, Shushant Lok-1, Sector-43, DLF QE, Gurugaon, Haryana, India, 122002 RegisteredOffice:614,VishwadeepBuilding,PlotNo.4,DistrictCentre,Janakpuri,NewDelhi 110058 Tel:+91-11-45510390 Email: info@tcagroup.in Website:www.tcagroup.in PUBLIC ANNOUNCEMENT (“PA”) AS REQUIRED UNDER REGULATION 3(1) AND REGULATION 4 READ WITH REGULATION 13, REGULATION 14 AND REGULATION 15(1) OF THE SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011, AS AMENDED FROM TIME TO TIME. FOR THE ATTENTION OF THE PUBLIC SHAREHOLDERS (AS DEFINED BELOW UNDER THE HEAD DEFINITIONS) OF AAR SHYAM INDIA INVESTMENT COMPANY LIMITED (CIN: L47219DL1983PLC015266) OPEN OFFER FOR ACQUISITION OF UPTO 58,43,327 (FIFTY-EIGHT LAKH FORTY- THREE THOUSAND THREE HUNDRED TWENTY SEVEN ONLY) FULLY PAID-UP EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH (“EQUITY SHARES”) OF AAR SHYAM INDIA INVESTMENT COMPANY LIMITED (HEREINAFTER REFERRED TO AS "TARGET" OR “TARGET COMPANY” OR “AAR SHYAM”) FROM THE PUBLIC SHAREHOLDERS OF TARGET COMPANY REPRESENTING 26.00% OF THE PAID- UP EQUITY SHARE CAPITAL OF THE TARGET COMPANY BY MR. RADHA KRISHNA AVUDARI (“ACQUIRER 1”), MRS. SUDHA RANI AVUDARI (“ACQUIRER 2”) AND MR. NAGABHYRU SRIKANTH (“ACQUIRER 3”), (HEREINAFTER COLLECTIVELY REFERRED TO AS “ACQUIRERS”) PURSUANT TO AND IN ACCORDANCE WITH REGULATION 3(1) AND REGULATION 4 READ WITH OTHER APPLICABLE PROVISIONS OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011, AS AMENDED FROM TIME TO TIME (“SEBI (SAST) REGULATIONS”) This public announcement (“Public Announcement” or “PA”) is being issued by Turnaround Corporate Advisors Private limited (“Manager to the Offer”) for and on behalf of the Acquirers to the Public Shareholders (as defined below under the head Definitions) of the Target Company pursuant to and in compliance with Regulations 3(1) and Regulation 4 read with other applicable provisions of the SEBI (SAST) Regulations. Definitions: i. “DPS” has the meaning ascribed to such term under paragraph 1.1. ii. “Equity Shares” means the fully Paid-Up equity shares of the Target Company of face value of Rs. 10/- (Rupees Ten only) each. iii. “Paid-Up Equity Share Capital”/ “Paid-Up Capital” means 30,00,000 (Thirty Lakhs) Equity Shares of Rs. 10/- (Rupees Ten only) each fully Paid-Up of the Target Company as on date of Public Announcement i.e. August 21, 2026. Page 1 of 9 iv. “Emerging Paid-Up Equity Share Capital” means 2,24,74,333 (Two Crore Twenty-Four Lakhs Seventy-Four Thousand Three Hundred Thirty-Three) fully paid -up Equity Shares of the face value of Re. 10/- each of the Target Company being the capital post allotment of 1,94,74,333 (One Crore Ninety-Four Lakhs Seventy-Four Thousand Three Hundred and Thirty-Three) Equity Shares to the Acquirers and other public category investors on a preferential basis. v. “LOF” has the meaning ascribed to such term in paragraph 1.1. vi. “Offer” or “Open Offer” means the open offer for acquisition of up to 58,43,327 (Fifty- Eight Lakh Forty-Three Thousand Three Hundred Twenty-Seven Only) Fully Paid-Up Equity Shares of Face Value of Rs. 10/- Each, representing 26.00% of the Emerging Paid- Up Equity Share Capital of the Target Company. vii. “Offer Price” has the meaning ascribed to such term in paragraph 1.2. viii. “Offer Size” has the meaning ascribed to such term in paragraph 1.1. ix. “Outgoing Promoters”/ “Promoters” shall mean Mr. Man Mohan Katial and Guruomega Private Limited. x. “Seller” shall mean Guruomega Private Limited. xi. “Proposed Preferential Issue" means the proposed preferential allotment as approved by Board of Directors of the Target Company at their Board Meeting held on Friday, August 21, 2026 subject to approval of members and other regulatory approvals, of 1,40,56,300 (One Crore Forty Lakhs Fifty Six Thousand Three Hundred only) Equity Shares to the Acquirers [1,03,24,110 (One Crore Three Lakhs Twenty Four Thousand One Hundred and Ten only) Equity Shares to Acquirer 1, 30,05,140 (Thirty Lakhs Five Thousand One Hundred Forty only) Equity Shares to Acquirer 2 and 7,27,050 (Seven Lakhs Twenty Seven Thousand and Fifty only) Equity Shares to Acquirer 3] in kind against acquisition of 29,00,000 (Twenty Nine Lakhs) Equity Shares of SVR Electro Projects Private Limited ("SVR”) at Rs. 15/- per Equity Share and 4,84,700 (Four Lakhs Eighty-Four Thousand and Seven Hundred only) Equity Shares to a public category investor in kind against acquisition of 1,00,000 Equity Shares from a public category shareholder of SVR at an issue price of Rs. 15/- per Equity Share and 49,33,333 (Forty-Nine Lakhs Thirty Three Thousand Three Hundred Thirty Three) equity shares to public category investors for cash at an issue price of Rs. 15/- per Equity Share (including a premium of Rs. 5/- per equity share). xii. “Public Shareholders” shall mean all the Shareholders of the Target Company excluding Page 2 of 9 (i) the Acquirers and (ii) the parties to the SPA. xiii. “SVR” means SVR Electro Projects Private Limited, promoted by the Acquirers xiv. “SPA” has the meaning ascribed to such term in paragraph 2. 1. Open Offer details 1.1 Size: This Open Offer is being made by the Acquirers for acquisition of upto 58,43,327 (Fifty-Eight Lakh Forty-Three Thousand Three Hundred Twenty Seven Only) Equity Shares representing 26.00% of the Emerging Paid-Up Equity Share Capital of the Target Company, (“Offer Size”) subject to the terms and conditions mentioned in this Public Announcement, the Detailed Public Statement (“DPS”) and the Letter of Offer (“LOF”) that are proposed to be issued in accordance with the SEBI (SAST) Regulations. 1.2 Price/Consideration: The Open Offer is made at a price of Rs. 15.00/ (Rupees Fifteen only) per Equity Share (“Offer Price”). Assuming full acceptance, the total consideration payable by the Acquirers under the Open Offer, at the Offer Price, will be Rs. 8,76,49,905 (Rupees Eight Crores Seventy-Six Lakhs Forty-Nine Thousand Nine Hundred and Five Only). 1.3 Mode of payment (cash/security): The Offer Price will be paid in cash, in accordance with the provisions of Regulation 9(1)(a) of the SEBI (SAST) Regulations. 1.4 Type of offer (Triggered offer, voluntary offer/competing offer etc): This Offer is a Triggered/Mandatory Offer made under Regulation 3(1) and Regulation 4 read with other applicable provisions of the SEBI (SAST) Regulations. This Public Announcement is being made in compliance with Regulation 13 of the SEBI (SAST) Regulations pursuant to Proposed Preferential Issue and execution of the Share Purchase Agreement dated August 21, 2026 by the Acquirers with the Outgoing Promoters for acquisition of an ag [Showing first 8,000 characters — download PDF for full document]