BSEInsider Trading / SAST25 Aug 2026 · 25 Aug 2026, 05:27 pm

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Siddharth Jain & Others

GFL Ltd · 500173

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GFL Ltd has received a disclosure under Regulation 29(1) of SEBI (SAST) Regulations, 2011, regarding the acquisition of 3,29,55,000 equity shares by Mr. Siddharth Jain, representing 30.00% of the total issued and paid-up equity share capital of GFL Ltd.

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GFL Ltd - 500173 - Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011

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Date: 25/08/2026 BSE Limited National Stock Exchange of India Limited, Corporate Relationship Department Exchange Plaza, Bandra Kurla Complex Phiroze Jeejeebhoy Towers, Bandra (E), Mumbai - 400 051. Dalal Street, Fort, Mumbai 400 001. Sub: Disclosure under Regulation 29(1) the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Dear Sir / Madam, Please find enclosed the disclosure under Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with respect to the acquisition of 3,29,55,000 Equity shares having face value of Re. 1 each of GFL Limited (GFL) representing 30.00% of the total issued and paid-up equity share capital of GFL Limited by Mr. Siddharth Jain (Acquirer). We request you to take this on record and acknowledge receipt of the same. Thanking you, Yours faithfully, Mr. Siddharth Jain (Acquirer) Format for disclosures under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Part-A - Details of the Acquisition Name of the Target Company (TC) GFL Limited Name(s) of the acquirer and Persons Mr. Siddharth Jain Ms. Ishita Jain Acting in Concert (PAC) with the Mr. Pavan Kumar Jain acquirer Ms. Nayantara Jain M/s INOX Chemicals LLP M/s Siddho Mal Trading LLP Whether the acquirer belongs to Promoter Promoter / Promoter group Name(s) of the Stock Exchange(s) BSE Limited where the shares of TC are Listed National Stock Exchange of India Limited Details of the acquisition as follows Number % w.r.t.total % w.r.t. total share/votin diluted g capital share/voting wherever capital of the applicable (*) TC(**) Before the acquisition under consideration, holding of acquirer along with PACs of: 1,48,07,953 13.4802% 13.4802% a) Shares carrying voting rights b) Shares in the nature of encumbrance (pledge/ lien/ non- disposal undertaking/ others) c) Voting rights (VR) otherwise than by shares d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) e) Total (a+b+c+d) Details of acquisition 3,29,55,000 30.00% 30.00% a) Shares carrying voting rights - - - acquired - - - b) VRs acquired otherwise than by equity shares c) Warrants/convertible securities/any other instrument that entitles the - - - acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired d) Shares in the nature of encumbrance (pledge/ lien/ non- disposal undertaking/ others) e) Total (a+b+c+/-d) 3,29,55,000 30.00% 30.00% After the acquisition, holding of acquirer along with PACs of: 4,77,62,953 43.4802% 43.4802% a) Shares carrying voting rights b) VRs otherwise than by equity shares c) Warrants/convertible securities /any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition d) Shares in the nature of encumbrance (pledge/ lien/ non- disposal undertaking/ others) 4,77,62,953 43.4802% 43.4802% e) Total (a+b+c+d) Mode of acquisition (e.g. open market / Inter-se transfer public issue / rights issue / preferential allotment / inter-se transfer / encumbrance, etc.) Salient features of the securities acquired including time till redemption, Not Applicable ratio at which it can be converted into equity shares, etc. Date of acquisition of / date of receipt of 24-08-2026 intimation of allotment of shares / VR/ warrants/convertible securities/any other instrument that entitles the acquirer to receive shares in the TC. Equity share capital / total voting capital Rs. 10,98,00,000 of the TC before the said acquisition Equity share capital/ total voting capital Rs. 10,98,00,000 of the TC after the said acquisition Total diluted share/voting capital of the Rs. 10,98,00,000 TC after the said acquisition