Filing of Detailed Public statement received by the Company from Acquirer Mrs Nandini Modi and Kirit Modi in connection with open offer, to acquire upto 48,75,000 fully paid up equity shares ....

THE SOUTH INDIA PAPER MILLS LIMITED Regd. Office & Factory : Chikkayana Chatra, Nanjangud - 571 302, Karnataka State, India Corporate & Marketing Office : # 1205/ 1206, Prestige Meridian 11, M.G Road, Bangalore - 560 001. Ref: BSE/2026 / ¥58 25th Aug 2026 BSE Limited Phiroze Jecjecbhoy Towers Dalal Street, Mumbai - 400 001 Dear Sir/Madam, Serip Code: 516108 Ref: Our communication regarding Public Annoucement received in relation to open offer Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 — Detailed Public statement received from Acquirers Mrs Nandini Modi and Mr Kirit Modi through IndcapAdvisors Pvt Ltd (Manger to open offer) In continuation ofo ur communication dated 19" August 2026, this is to inform you that we have received a copy of the Detailed Public Announcement dated 25% August, 2026 in relation to the open offer to the Public Shareholders (as defined in the Public Announcement) of The South India Paper Mills Limited (“Target Company”) by Nandini Modi and Kirit Modi (Acquirers) together with Sachin Kirit Modi, Swapnil Kirit Modi, Riddhi Sachin Modi, Bhuvi Swapnil Modi, Rihaan Sachin Modi, Rigid Containers Pvt Ltd, Fortune Packaging LLP (PAC’S). The Acquirers are making an open offer to the Shareholders of the “Target Company to acquire up (0 48.75,000 (Forty Eight Lakh Seventy Five Thousand) fully paid-up equity shares with a face value of Rs 10 ( Rupees Ten) each, representing 26% oft he Voting Share Capital (as defined in the Detailed Public Statement) of the Target Company. Copy of the Detailed Public Statement(DPS) received from Manager to the open offer has been attached herewith for your reference. This is for your information and record. Thanking you, Yours faithfully For The South India Paper Mills Limited Vidya Sgane Vidya Bhat Company Secretary Encl: as above SIPM —— CIN (Corporate Identity No.) L85110KA1959PLC001352 FACT:O PRHONYE : (91) (08221) 228265-67 CORPOR: APHTONEE : (91) (080) 41123605 E-mail : marketing @sipaper.com Grams : PAPERMILLS Website : www.sipaper.com DETAILED PUBLIC STATEMENT IN TERMS OF REGULATIONS 3(1) AND 4 READ WITH REGULATIONS 13(4), 14(3) AND 15(2) AND OTHER APPLICABLE REGULATIONS OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011, (“SEBI (SAST) REGULATIONS, 2011”) AS AMENDED FROM TIME TO TIME, TO THE PUBLIC SHAREHOLDERS (AS DEFINED BELOW) OF THE SOUTH INDIA PAPER MILLS LIMITED CIN: L85110KA1959PLC001352 Registered Office: Chikkayana Chatra, PO.: Nanjangud, Nanjangud, Karnataka, India-571301 Tel. No: 08221) 228265 E-mail Id: corporat sipaper.com Website: wwiw.sipaper.com OPEN OFFER FOR ACQUISITION OF UP TO 48,75,000 (FORTY EIGHT AND LAKHS SEVENTY FIVE THOUSAND) Company Name Designation | Original Date of Listing Status FULLY PAID-UP EQUITY SHARES HAVING A FACE VALUE OF 10/- (RUPEES TEN ONLY) EACH (*OFFER appointment Particulars Fiscal 2026 Fiscal 2025 Fiscal 2024 SHARES") REPRESENTING 26.00% (TWENTY SIX PERCENT) OF THE VOTING SHARE CAPITAL (AS DEFINED [Total Income (including Other Income) 4772 94.00 5276 Jagdamba Cartons Private Limited Director 24/01/2018 Unlsted BELOW) OF THE SOUTH INDIA PAPER MILLS LIMITED (*TARGET COMPANY"AT) A PRIOF C2 12E0/- (RUPEES [Net Profft/{Loss) ater Tax 2964 66.62 3854 Tndian Corrugated Case Manufacturers Director 6/10/2009 Unfisted ONE HUNDREANDD TWENTY ONLY) PER OFFER SHARE BY NANDINI MODI (‘ACQUIRER 1) AND KIRIT MODI EPS 4790 107.66 6229 Association (“ACQUIRER 2°) (ACQUIRER 1 AND ACQUIRER 2, COLLECTVELY THE “ACQUIRERS”), TOGETHER WITH Net worth/Shareholder’s Fund 264.41 3477 368.15 Taxmi Board And Paper Mls Private Director 27/0572003 Unfisted SACHIN KIRIT MODI, SWAPNIL KIRIT MODI, RIDDHI SACHIN MODI, BHUVI SWAPNIL MODI, RIHAAN SACHIN Limited Fortune PackagingLLP (*PACT") MODI, RIGID CONTAINERS PRIVATE LIMITED AND FORTUNE PACKAGING LLP (COLLECTIVELY THE 7 Fortune Packaging LLP Designated Partne]_ 16/09/2025 Unfisted Fortune Packaging LLP is a limited fabilty partnership incorporated on May 02, 2018, under the “PERSONS ACTING IN CONCERT" OR “PACS”), FROM THE PUBLIC SHAREHOLDERS (AS DEFINED BELOW) ‘Acquirer 2 will b classified as a “Promoter” oft he Target Company along wih the existing Promoters provisions of the Limited Liabilty Partnership Act, 2008. The limited libity pertnership ideniication OF THE TARGET COMPANY PURSUTAON ANTD IN COMPLIANGE WITHREGULATIONS 3(1) AND4 READ WITH REGULATIONS 13, 14 AND 15(1) OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL and Promoter Group, pursuanttothe completon of the Open Ofer. nuofm PAC b7is AeAM-5r332. ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011, AS AMENDED FROM TIME TOTIME (*SEBI INFORMAABTOUITO THNE PACS: PA7 hCas tsregistered offact 8e01 , A wing, Naman Midtown, Senapati Bapat Marg, Ehinstone Road (SAST) REGULAT201I1"O) (N“OSFFE,R” OR “OPEN OFFER") Sachin KiritModi (‘PAC1") (West), Mumbai City, Mumbai, Maharashira, India, 400013. The contact detals of PAC 7 is +91 THIS DETAILED PUBLIC STATEMENT (“DPS” or “DETAILED PUBLIC STATEMENT") IS BEING ISSUED BY Sachin Kirt Modi, an individual, aged 52 years, s/o Kirt Natvarlal Modi, an Indian National, has his 9987234801 and the e-mail address is kirtmodiofiice@gmeil.com. The Permanent Account Number INDGAP ADVISORS PRIVATE LIMITED (“MANAGER TO THE OPEN OFFER” OR “MANAGER"), FOR AND ON residential address t Flat No. 183 B, 16th Floor, B Wing, Kalpataru HO, § K Ahire Marg, NeTVa Towrer, (PAN) of PAC is AAFFFB981 BEHALF OF THE ACQUIRERS ALONG WITHTHE PACS, TO THE PUBLIC SHAREHOLDERS (AS DEFINED BELOW) Worll, Mumba, 400018, Maharasttra. The condettaias ofc PAtC 1 is +01 9820181491 and the e-mal PAC 7, inter lia, engaged in the business of manufacturing, buying, selling, importing, exporting OF THE TARGET COMPANY, PURSUANT TO AND IN COMPLIANCE WITH REGULATIONS 3(1) AND 4, READ address issachin@kmoffice.in. The PermAccaourtn Nuembenr (PtAN) of the PAC1 is AFYPMB727M. processing, twisting or otherwise handing or dealing in paper pulp and boards of al Kinds including WITH REGULATIONS 13(4), 14(3), 15(2) AND OTHER APPLICABLE REGULATIONS OF THE SEBI (SAST) There have beenno changes inthe name of PAC 1 inthe past. straw boards, millboards, cardboard, duplex board, whether made from paperjute or lastic orany other REGULATIONS, 2011, AND PURSUANT TO THE PUBLIC ANNOUNGEMENT DATED AUGUST 18, 2026 (*PA"I)N materials. However currently PAC 7 has norevenfruoem operations butgenerates other incorme. RELATION TO THE OPEN OFFER FILED WITH BSE LIMITED (“BSE” OR THE “STOCK EXCHANGE”) AND THE He hola ddegrsee of Master of Business Administration romthe University oQ ueensiand, Australa. He SECURITIES AND EXCHANGE BOARD OF INDIA (“SEBI”) AND SENT TO THE TARGET COMPANY ON AUGUST Has over 33 (Thirty-Three) years of experience inthe field of marketing PAC 7 is not lsted on any stock exchanges in India or outside India. There has been no change in the name of PAC 7 sinceincorporation 18,2026, INTERMS OF REGULATIONS 14(1) AND14(2) OF THE SEBI (SAST) REGULATIONS, 2011 Presently, PAC1 holds 4,7,369 (Four Lakhs Seventy-Seven Thousand Three Hundred and Sixty-Nine) Forthe purpose ofthis DPS, the following terms would have the mezning assigned to them herein below: ullypaic-up Equity Shares constiting of 2.55% (Two point Five Five percent) of the Voting Share Cpital PAC 7is prombyo Atcqueiredr 1 and Acquirer2, andthe Partonf PeAGr 7 ass on the date ofthis DPS are 1. “Acquirers” shall mean Nandini Mo (*Acquirer 1) and Kirt Modi (*Acquirer 2°) collectively ofthe Target Company s on the date of thPeA and this DPS. PAC1 shall notacanyq fuurthier rEqueity asfollows; “Equity Shares” or “Shares” shall mean the fully paid-up equity shares of face value of Z 10/- (Rupees Shares ether underthe SPAorundeOprent Ohffeer. SI. No.[ Nameof the Partner | Contribution (inZ) | Designation Profit Sharing Ratio Ten only) each of the Target Company. PAC1 bearing DIN 00701561, does not hold dire [Showing first 8,000 characters — download PDF for full document]