Disclosure under SEBI Takeover Regulations

Date: 27/08/2026 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. Subject: Disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Dear Sir/Madam, Pursuant to Regulation 10(6) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“SEBI SAST Regulations”), please find enclosed herewith the disclosure in the prescribed format in respect of the acquisition of equity shares of GFL Limited pursuant to the exemption provided under Regulation 10(1)(a)(i) of the SEBI SAST Regulations. We request you to take this on record and acknowledge receipt of the same. Thanking you, Yours faithfully, Mr. Siddharth Jain (Acquirer) Disclosures under Regulation 10(6) – Report to Stock Exchanges in respect of any acquisition made in reliance upon exemption provided for in Regulation 10 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 1. Name of the Target Company (TC) GFL Limited 2. Name of the acquirer(s) Mr. Siddharth Jain 3. Name of the stock exchange where BSE Limited shares of the TC are listed National Stock Exchange of India Limited 4. Details of the transaction including Acquisition of 3,29,55,000 Equity Shares of TC by Mr. rationale, if any, for the transfer/ Siddharth Jain, existing Promoter of the Company, from acquisition of shares. Mr. Pavan Kumar Jain, existing Promoter of the TC. 5. Relevant regulation under which the acquirer Regulation 10(1)(a)(i) – Transfer amongst immediate is exempted from making open offer. relatives. 6. Whether disclosure of proposed acquisition Yes. Disclosure of proposed acquisition was required to was required to be made under Regulation 10 be made under Regulation 10(5) and the same was made (5) and if so, within the timeline specified under the regulations. - whether disclosure was made and whether it was made within the timeline specified under the regulations. 18.08.2026 - date of filing with the stock exchange. 7. Details of acquisition Disclosures required to Whether the disclosures be made under under Regulation 10(5) Regulation 10(5) are actually made a. Name of the transferor / seller Mr. Pavan Kumar Jain Yes b. Date of acquisition 24.08.2026 Yes c. Number of shares/ voting rights in 3,29,55,000 Equity Shares Yes respect of the acquisitions from each person mentioned in 7(a) above d. Total shares proposed to be acquired / 30.00% Yes actually acquired as a % of diluted share capital of TC e. Price at which shares are proposed to Yes be acquired / actually acquired Not applicable, since transfer is by way of gift, no consideration is involved. 8. Shareholding details Pre-Transaction Post-Transaction No. of shares % w.r.t No. of % w.r.t held total share shares held total share capital of TC capital of TC a Each Acquirer / Transferee(*) Annexure I Annexure II b Each Seller / Transferor Siddharth Jain Acquirer Date: 27.08.2026 Place: Mumbai Encl: As Above Annexure I Sr. No. Before the acquisition Acquirer(s) and PACs Name of the Promoter No. of Shares % w.r.t total share capital of TC 1 Pavan Kumar Jain (Transferor) 4,63,08,012 42.1557% 2 Siddharth Jain (Acquirer) 1,48,07,953 13.4802% 3 Siddharth Jain Jointly with Ishita Jain 20,000 0.0182% 4 Nayantara Jain 93,62,056 8.5226% 5 INOX Chemicals LLP 15,00,000 1.3655% 6 INOX Chemicals LLP 14,55,230 1.3247% 7 Siddho Mal Trading LLP 10,19,260 0.9279% 8 Siddho Mal Trading LLP 10,00,000 0.9103% 9 Ishita Jain Jointly with Siddharth Jain 20,100 0.0183% Total 7,54,92,611 68.7234% Annexure II Sr. No. After the acquisition Acquirer(s) and PACs Name of the Promoter No. of Shares % w.r.t total share capital of TC 1 Pavan Kumar Jain (Transferor) 1,33,53,012 12.1557% 2 Siddharth Jain (Acquirer) 4,77,62,953 43.4802% 3 Siddharth Jain Jointly with Ishita Jain 20,000 0.0182% 4 Nayantara Jain 93,62,056 8.5226% 5 INOX Chemicals LLP 15,00,000 1.3655% 6 INOX Chemicals LLP 14,55,230 1.3247% 7 Siddho Mal Trading LLP 10,19,260 0.9279% 8 Siddho Mal Trading LLP 10,00,000 0.9103% 9 Ishita Jain Jointly with Siddharth Jain 20,100 0.0183% Total 7,54,92,611 68.7234%