Disclosure under SEBI Takeover Regulations

Date: 24.08.2026 Listing Department National Stock Exchange of India Limited Mumbai – 400001 Trading Symbol: “BHARATRAS” Dear Sir/Madam, Sub: Intimation under regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“Takeover Regulations”) With reference to the abovementioned subject this is to inform you that vide SEBI Order No. WTM/KCV/CFD/03/2026-27 dated 12 June 2026, the Securities and Exchange Board of India (“SEBI”) has granted an exemption to the promoter group of Bharat Rasayan Limited in favour of the acquirer namely MPG Family Trust, from complying with the requirements of Regulation 3(1) and Regulation 4 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“Takeover Regulations”). Accordingly, please find the enclosed disclosure under Regulation 10(6) of the Securities and Exchange Board of India (Substantial Acquisition of shares and Takeover) Regulations, 2011. All the applicable conditions as mentioned in the Regulation 10(1)(a) of SEBI (SAST) Regulation, 2011 with respect to the exemption have been duly complied with. Please take the above information on record. Thanking you, For and on Behalf of Acquirer Trusts and Promoter MAHABIR PRASAD GUPTA MPG Family Trust Trustee Disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Particulars Details Name of the Target 1 Bharat Rasayan Limited Company (TC) 2 Name of the acquirer(s) MPG Family Trust Name of the Stock 3 Exchange where shares National Stock Exchange of India Limited of the TC are listed Acquirer(s) have acquired the 11,59,673 (6.9771%) equity shares via Off- market transfer by way of Gift having NIL Value from promoter and Details of the promoter group pursuant to the exemption received via SEBI Order No. transaction including WTM/KCV/CFD/03/2026-27 dated 12 June 2026. 4 rationale, if any, for the The said Acquisition is only a private family arrangement and a non- transfer/ acquisition of commercial transaction for smooth succession planning of the shares promoter’s family and to streamline the promoter’s family assets and businesses. Relevant regulation SEBI vide its order No. WTM/KCV/CFD/03/2026-27 dated 12 June 2026 has under which the 5 granted exemption under Regulation 11(5) of SAST Regulations for the acquirer is exempted above proposed settlement of shares. from making open offer Whether disclosure of proposed acquisition 6 was required to be Yes made under regulation 10 (5) and if so, - whether disclosure was made and whether it was made within the Disclosure was made within the timeline specified under the regulation timeline specified under the regulations. - date of filing with the 17-08-2026 stock exchange Disclosures required to be made Whether the disclosures under 7 Details of Acquisitions under regulation 10(5) regulation 10(5) are actually made Name of the transferor / a Mahabir Prasad Gupta Yes seller b Date of acquisition On or after 24 August 2026 24 August 2026 Number of shares/ voting rights in respect c of the acquisitions from Mahabir Prasad Gupta 11,59,673 Mahabir Prasad Gupta 11,59,673 each person mentioned in 7(a) above Total shares proposed d to be acquired / actually Mahabir Prasad Gupta 6.9771% Mahabir Prasad Gupta 6.9771% acquired as a % of Particulars Details diluted share capital of The acquisition has been effected by way of gift / without monetary Price at which shares consideration, as a private family arrangement and non- commercial are proposed to be transaction undertaken for succession planning and internal re- acquired / actually organization within the Promoter family, pursuant to the exemption acquired granted by SEBI vide Order No. WTM/KCV/CFD/03/2026-27 dated 12 June 2026 (issued under Regulation 11(5) of the SEBI (SAST) Regulations, 2011). 8 Shareholding details Pre-Transaction Post-Transaction % w.r.t total No. of shares No. of shares % w.r.t total share share capital of held held capital of TC a Each Acquirer / Transferee MPG Family Trust - - 11,59,673 6.98% b Each Seller / Transferor 16,56,676 9.97% 4,97,003 2.99% Mahabir Prasad Gupta For and on Behalf of Acquirer Trusts and Promoter MAHABIR PRASAD GUPTA MPG Family Trust Trustee