Outcome of Board Meeting

D S KULKARNI CIN: L45201PN1991PLC063340 E: cs.dskdl@ashdanproperties.in D EVE LOP E RS LI M IT E D P:020 6716 6716 W: dskcirp.com Date: 7tk July, 2026 BSE Limited, ‘The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Dalal Street, Mumbai -~ 400001 Bandra (E), Mumbai ~ 400051 Reference: SCRIP Code: 523890; ISIN: INE891A01022; Security Symbol: DSKULKARNI Subject: Outcome of Board Meeting held today i.e. Tuesday, July 7, 2026 Dear Sir/Madam, The board of directors (‘Board”) of the Company, at their meeting held today i.e., July 7, 2026, have approved the following proposal: 1. To enterinto a Share Purchase Agreement (‘SPA”) for acquisition of 100% equity stakes of M/s. Moonbrick Realty Private Limited (herein referred as “Moonbrick’), a company incorporated in Pune, Maharashtra, to make it as a wholly owned subsidiary of DSK Kulkarni Developers Limited (“Company”). The details pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are enclosed as Annexure - I. 2. To approve the appointment of CS Rishika Verma (M. No.: A66507), as the Company Secretary & Compliance Officer of the Company; The details pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are enclosed as Annexure - II. The Board meeting commenced at 05:30 P.M and concluded at 06:00 P.M. For your information and record. Thanking you, Yours faithfully, For, D S Kulkarni Developers Limited Sumit Ramesh Diwane Director DIN: 10076052 Regd. Office: Unit #301, 3rd Floor, Swojas One, Kothrud, Pune, Maharashtra 411038 D S KULKARNI CIN: L45201PN1991PLC063340 DEVELOPERS LIMITED 090 6716 £716 v cekcemeam ANNEXURE I a) Details with respect to proposed acquisition of Moonbrick Realty Private Limited S.No. Particulars Details a) | Name of the target entity, details in brief such | Name of the Target Company: M/s. as size, turnover etc. Moonbrick Realty Private Limited (“Moonbrick”) CIN: U68100PN2026PTC252347 Paid-up Capital: RS. 10,000/- Turnover: NIL b) | Whether the acquisition would fall within | The proposed transaction is a related party related party transaction(s) and whether the | transaction entered by the Company on an promoter/ promoter group/ group companies | arm’s length basis. have any interest in the entity being acquired? If yes, nature of interest and details thereof and | The promoter group and group companies whether the same is done at “arm’s length”; do not have any interest in the Moonbrick acquired. However, there are common promoters. c) | Industry to which the entity being acquired | Real-Estate belongs; d) | Objects and impact of acquisition (including but | Object: The acquisition of Moonbrick will not limited to, disclosure of reasons for | lead to business expansion and growth as acquisition of target entity, if its business is | the object of both company aligns. outside the main line of business of the listed entity); Impact: Moonbrick will become a wholly owned subsidiary of D S Kulkarni Developers Ltd. e) | Brief details of any governmental or regulatory | No governmental or regulatory approvals approvals required for the acquisition; required for the acquisition of shares in Moonbrick. ) Indicative time period for completion of the | 1 Week acquisition; g) | Consideration - whether cash consideration or | The said acquisition is proposed to be share swap or any other form and details of the | undertaken with nil consideration as same; Moonbrick is a newly incorporated entity with no business operations yet. h) | Cost of acquisition and/or the price at which the | Nil shares are acquired; i) | Percentage of shareholding / control acquired | 100% and / or number of shares acquired; 1) Brief background about the entity acquired in | Moonbrick was incorporated on terms of products/line of business acquired, | 19/02/2026 and has not commenced it’s date of incorporation, history of last 3 years | business operations yet. Further, it’s Regd. Office: Unit #301, 3rd Floor, Swojas One, Kothrud, Pune, Maharashtra 411038 D S KULKARNI CIN: L45201PN1991PLC063340 D EV E LO P E R S L I M IT E D E: cs.dskdl@ashdanproperties.in P:020 6716 6716 W: dskcirp.com turnover, country in which the acquired entity | registered office is situated at Sr. No. has presence and any other significant | 36/1/1, Office No, 701, 7th Floor Chordia information (in brief); Gr, Baner Gaon, Pune, Haveli, Maharashtra, India, 411045 Country: India History of last 3 years turnover: NA Regd. Office: Unit #301, 3rd Floor, Swojas One, Kothrud, Pune, Maharashtra 411038 D S KULKARNI CIN: L45201PN1991PLC063340 E: cs.dskdl@ashdanproperties.in D EVE LOP E RS LI M IT E D P:020 6716 6716 W: dskcirp.com Annexure II a) Details of change in Key Managerial Personnel i.c appointment of Company Secretary pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulation, 2015 S. No Particular Detail 1. Reason for change viz. appointment, se- | Appointment intment ienati I death PP resigs > > rothee 2 Date of appointment/re- | 07t July, 2026 appointment/cessation (as applicable) & term of appointment/re-appointment; 3. Brief profile (in case of appointment); CS Rishika Verma, a member of Institute of Company Secretary of India (M. No. A66507) has 5 year of post qualification experience as a company secretary & compliance officer of listed companies. Her expertise spans across Securities Laws and Companies Act and other Corporate Laws. 4. Disclosure of relationships between | Not Applicable directors (in case of appointment of a director). Regd. Office: Unit #301, 3rd Floor, Swojas One, Kothrud, Pune, Maharashtra 411038