Mark Corporate Advisors Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Letter of Offer to the Public Shareholders of Antariksh Industries Ltd ("Target Company").

Letter of Offer THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION This Letter of Offer (“LoF”) is sent to you as an Eligible Equity Shareholder (as defined below) of Antariksh Industries Limited (“Antariksh”/“Target Company”). If you require any clarifications about the action to be taken, you may consult your stockbroker or Investment Consultant or Manager to the Offer or Registrar to the Offer. In case you have recently sold your shares in the Target Company, please hand over this Letter of Offer and the accompanying form of acceptance and Transfer Deed to the member of the Stock Exchange through whom the said sale was affected. OPEN OFFER BY Sr. Contact No. Acquirers Address Email ID 1) Alpitkumar 41, Yogeshwar Nagar Society, Near Pravinchandra Gor Anjali Cinema, Vasna, Ahmedabad - +91 9328251559 alpitgor@riddhicorporate.co.in (“Acquirer”) 380007 2) Riddhi Infocom 10 Mill Officer's Colony, Behind Old Solutions LLP RBI Bank, Ashram Road, Ahmedabad +91-7069630120 riddhiinfocomsolutionllp@gmail.com (“PAC”) - 380009 to acquire up to 6,31,785 fully paid-up equity shares of face value of ₹10/- each representing 26.00% of Emerging Voting Share Capital of the Target Company at a price of ₹86/- per equity share (“Offer Price”), payable in cash in accordance with Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and amendments thereto (“SEBI (SAST) Regulations, 2011”) from the Eligible Equity Shareholders ANTARIKSH INDUSTRIES LIMITED (CIN: L46411GJ1974PLC176953) Registered Office: 5th Floor, 505, 3rd Eye Vision, Opp. Shivalik Plaza, Panjarapole, IIM Ahmedabad, Ahmadabad- 380015 Tel. No.: +91 7219424588| Email ID: antarikshindustrieslimited@gmail.com | Website: www.antarikshindustries.com 1) This Offer is being made by the Acquirer and the PAC pursuant to Regulations 3(1) and 4 of SEBI (SAST) Regulations 2011. 2) This Offer is not a conditional offer in terms of Regulation 19 of the SEBI (SAST) Regulations, 2011 and is not subject to any minimum level of acceptance. 3) This Open Offer is not a competing offer in terms of Regulations 20 of SEBI (SAST) Regulations, 2011. 4) Regulation 167(2) of SEBI ICDR Regulations, 2018 provides that the specified securities allotted on a preferential basis to persons other than the promoters and promoter group and the equity shares allotted pursuant to exercise of options attached to warrants issued on preferential basis to such persons shall be locked in for a period of six months from the date of trading approval. The equity shares held by persons other than the promoters during the open offer period which are under lock-in, are not permitted to be tendered in the open offer in accordance with regulation 167(2) of SEBI ICDR Regulations and if tendered, shall not be accepted in the open offer. 5) The Acquirer and the PAC may withdraw the Offer in accordance with of Regulation 23(1) of the SEBI (SAST) Regulations. In the event of a withdrawal of the Open Offer, the Acquirer and the PAC (through the Manager to the Open Offer) shall, within 2 (two) Working Days of such withdrawal, make a public announcement, in the same Newspapers in which the Detailed Public Statement was published, in accordance with Regulation 23(2) of the SEBI (SAST) Regulations and such public announcement will also be sent to SEBI, the Stock Exchange and the Target Company at its registered office, in accordance with Regulation 23(2) of the SEBI (SAST) Regulations.” 6) If there is any upward revision in the Offer Price/Offer Size at any time prior to commencement of one working day before the commencement of the Tendering Period in terms of the SEBI (SAST) Regulations, 2011, the same would also be informed by way of an announcement in the same newspapers where the Detailed Public Statement (“DPS”) was published. Such revised Offer Price would be payable to all the Eligible Equity Shareholders, who have validly tendered their fully paid-up equity shares anytime during the Tendering Period to the extent their equity shares have been verified and accepted under the Offer, by the Acquirer and the PAC. If the Offer is withdrawn pursuant to Regulation 23 of SEBI (SAST) Regulations, 2011, the same would be communicated within two working days by an announcement in the same newspapers in which the DPS was published. 7) There has been no competing offer to the Open Offer. 8) A copy of the Public Announcement (“PA”), Detailed Public Statement (“DPS”), Draft Letter of Offer (“DLoF”) and Letter of Offer (“LoF”) (including the Form of Acceptance-cum-Acknowledgement) will also be available on the website of Securities and Exchange Board of India (“SEBI”) at www.sebi.gov.in. MANAGER TO THE OFFER REGISTRAR TO THE OFFER Mark Corporate Advisors Private Limited Purva Sharegistry (India) Private CIN: U67190MH2008PTC181996 Limited Address: 404/1, The Summit, CIN: U67120MH1993PTC074079 Sant Janabai Road (Service Lane), Address: Unit no. 9, Shiv Shakti Industrial Off Western Express Highway, Estate, J.R. Boricha Marg, Lower Parel (E), Vile Parle (East), Mumbai-400 057. Mumbai-400 011 Tel. No.: +91 22 2612 3207/08 Tel. No.: 022-4961 4132 / 4961 4132 Email ID: Email ID: support@purvashare.com openoffer@markcorporateadvisors.com Contact Person: Ms. Deepali Gaonkar Investor Grievance Email ID: SEBI Reg. No.: INR000001112 investorgrievance@markcorporateadvisors.com Contact Person: Mr. Niraj Kothari SEBI Reg. No.: INM000012128 Offer Opens on : Wednesday, September 02, 2026 Offer Closes on : Wednesday, September 16, 2026 SCHEDULE OF MAJOR ACTIVITIES PERTAINING TO THE OFFER: Original Schedule Revised Schedule (1) Nature of Activity Day & Date Day & date 1) Date of the Public Announcement Friday, Friday, June 26, 2026 June 26, 2026 2) Date of publishing the Detailed Public Statement Friday, Friday, July 03, 2026 July 03, 2026 3) Last date for filing of Draft Letter of Offer with SEBI Friday, Friday, July 10, 2026 July 10, 2026 4) Last date of a Competing Offer(s) (2) Friday, Friday, July 24, 2026 July 24, 2026 5) Last date for receipt of SEBI observations on the DLOF (in the event SEBI has not sought clarifications or Friday, Friday, additional information from the Manager) July 31, 2026 August 14, 2026(3) 6) Identified Date(4) Tuesday, Tuesday, August 04, 2026 August 18, 2026 7) ` Last date by which the Letter of Offer will be dispatched to the Eligible Equity Shareholders as on the identified Tuesday, Tuesday, date August 11, 2026 August 25, 2026 8) Last date by which the recommendation of the Thursday, Monday, committee of Independent Directors of the Target August 28, August 31, Company will be given and published 2025 2026 9) Last Date for revising the Offer Price/number of shares Monday, Tuesday, September August 17, 2026 01, 2026 10) Date of Public Announcement for Opening the Offer Monday, Tuesday, September August 17, 2026 01, 2026 11) Date of Commencement of the Tendering Period Tuesday, Wednesday, (“Offer Opening Date”) August 18, 2026 September 02, 2026 12) Date of Closing of the Tendering Period (“Offer Tuesday, Wednesday, Closing Date”) September 01, 2026 September 16, 2026 13) Last date for communicating Rejection/acceptance and payment of consideration for accepted equity shares or equity share certificate/return of unaccepted share Wednesday, Wednesday, certificates/credit of unaccepted shares to Demat September 16, September 30, Account 2026 2026 Notes: (1) Where last dates are mentioned for certain activities, such activities may take place on or before the respective last dates. (2) There is no competing offer to this Offer. (3) Actual date of receipt of SEBI observations on the DLoF. (4) Identified Date is only for the purpose of determining the names of the Public Shareholders as on such date to whom the LoF will be sent. It is clarified that all the holders (registered or unregistered) of Equity Shares of the Target except the Acquirer, the PAC and the Promoter sellers of the Target Compa [Showing first 8,000 characters — download PDF for full document]