Corporate Insolvency Resolution Process

CA RAHUL NARESHBHAI SHAH Insolvency Professional IP Reg. No.: IBBI/IPA-001/IP-P-02170/2020-2021/13367 August 24, 2026 The Listing Department National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051 Scrip Symbol: SHRENIK ISIN: INE632X01030 Ref: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Clause 8 of Para B of Part A of Schedule III of the said Regulations. Subject: Intimation of an Appeal filed before the Hon’ble National Company Law Appellate Tribunal (“NCLAT”), Principal Bench, New Delhi in the matter of Shrenik Limited (In CIRP). Respected Sir/Madam, Further to our intimation letter dated August 5, 2026, filed with the Stock Exchange regarding admission of the petition for initiation of CIRP against Shrenik Limited ("Company") by the Hon'ble NCLT, Ahmedabad Bench – Court II, and the appointment of the Interim Resolution Professional (IRP), we wish to inform you as under: In furtherance thereof and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Clause 8 of Para B of Part A of Schedule III, we wish to inform you that Mr. Rishit Shrenik Vimawala, Suspended Director of Shrenik Limited, has filed an appeal being Company Appeal (AT) (Ins) No. 1497 of 2026 before the Hon’ble NCLAT, Principal Bench, New Delhi against Yatayat Corporation India Private Limited & Anr., inter alia challenging the order dated July 30, 2026 passed by the Hon’ble NCLT, Ahmedabad Bench – Court II in CP (IB) No. 200 of 2023, admitting the Company into the Corporate Insolvency Resolution Process. The first hearing of the said appeal was held on August 13, 2026, the details whereof are as under: Date of Hearing: August 13, 2026 Status: The Hon’ble NCLAT heard the Ld. Counsel for the Appellant and observed that the matter requires consideration. Notice has been issued to the Respondents, with steps along with process fee and requisites to be taken within four working days. Next Date of Hearing: September 8, 2026 Please take the above information on record. We shall keep you updated on further developments. Yours faithfully, For Shrenik Limited (In CIRP) CA Rahul Nareshbhai Shah Interim Resolution Professional IP Reg. No. IBBI/IPA-001/IP-P02170/2020-2021/13367 Corr Add: Shop No 6, Samprati Residency, Opp Paliyadnagar AMC Garden, Naranpura, Ahmadabad, Gujarat- 380013 Mobile: 9925151588| E-mail: carahulnshah@gmail.com Page 1 of 3 CA RAHUL NARESHBHAI SHAH Insolvency Professional IP Reg. No.: IBBI/IPA-001/IP-P-02170/2020-2021/13367 Validity of AFA till 30.06.2027 Regd. Address: 20 Sudershan Society, Part 2, Naranpura, Ahmedabad-380013 Email: carahulnshah@gmail.com | cirp.shrenik@gmail.com Corr Add: Shop No 6, Samprati Residency, Opp Paliyadnagar AMC Garden, Naranpura, Ahmadabad, Gujarat- 380013 Mobile: 9925151588| E-mail: carahulnshah@gmail.com Page 2 of 3 NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI Comp. App. (AT) (Ins) No. 1497 of 2026 IN THE MATTER OF: Rishit Shrenik Vimawala Suspended …Appellant(s) Director of, Shrenik Ltd. Versus Yatayat Corporation India Pvt. Ltd. & Anr. …Respondent(s) Present: For Appellant : Ms. Anushree Kapadia, Mr. Pranay Bhardwaj, Ms. Pragya Jaishwal, Advocates. For Respondents : Mr. Arjun Padhiyar, Advocate for R-2. O R D E R (Hybrid Mode) 13.08.2026: Heard Ld. Counsel for the Appellant and perused the record. Matter requires consideration. Issue notice to the Respondent. Steps along with process fee as well as requisites be taken within four working days from today. List on 08.09.2026. [Justice Mohammad Faiz Alam Khan] Member (Judicial) [Naresh Salecha] Member (Technical) sr/mr