Acquisition

Nestlé India Limited (CIN : L15202DL1959PLC003786) Nestlé House Jacaranda Marg ‘M’ Block, DLF City, Phase – II Gurugram – 122002, Haryana Phone: 0124 – 3940000 E-mail: investor@in.nestle.com Website: www.nestle.in PKR:SG: 43:2026-27 27th August 2026 BSE Limited (BSE) National Stock Exchange of India Limited (NSE) Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C-1, Dalal Street, G Block, Bandra Kurla Complex, Mumbai - 400 001 Bandra (East), Mumbai - 400 051 BSE Scrip Code: 500790 NSE Symbol: NESTLEIND Subject: Regulation 30 and Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”): Execution of Share Subscription and Shareholders’ Agreement Dear Madam/ Sir, Further to our letter no. PKR:SG:JK: 105:2025-26 dated 30th January 2026, this is to inform you that the Company has entered into a Share Subscription and Shareholders’ Agreement for the acquisition of a 26% equity stake, on a fully diluted basis, in Radiance KA Sunshine Seven Private Limited (CIN: U40106MH2021PTC365018) ("Radiance KA") for establishing captive renewable energy power plant to cater to the power requirements of one of its manufacturing facilities. This initiative is aligned with the Company's commitment to increasing the share of renewable energy in its operations and supports its sustainability objectives. Further, the acquisition enables the Company to meet the requirements of a "captive user" under the applicable provisions of Indian electricity laws and regulations. The details as required under Regulation 30 of the SEBI Listing Regulations, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026, are enclosed as Annexure I. This is for your information and record. Thanking you, Yours truly, NESTLÉ INDIA LIMITED PRAMOD KUMAR RAI COMPANY SECRETARY AND COMPLIANCE OFFICER Encl.: as above Regd. Office: 100 / 101, World Trade Centre, Barakhamba Lane, New Delhi – 110 001 Nestlé India Limited (CIN : L15202DL1959PLC003786) Nestlé House Jacaranda Marg ‘M’ Block, DLF City, Phase – II Gurugram – 122002, Haryana Phone: 0124 – 3940000 E-mail: investor@in.nestle.com Website: www.nestle.in Annexure I The details in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026 Sr. No. Particulars Details a) Name of the target entity, details in Name of the target entity: Radiance KA Sunshine Seven Private Limited brief such as size, turnover etc. (CIN: U40106MH2021PTC365018) Brief Details: Radiance KA Sunshine Seven Private Limited ("Radiance KA"), a wholly owned subsidiary of Radiance Renewables Private Limited, is engaged, inter alia, in the generation and sale of renewable energy from its solar power plants. Turnover: During the financial year ended 31st March 2026, Radiance KA reported a turnover of ₹15.8 crore. b) Whether the acquisition would fall Not applicable. within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” c) Industry to which the entity being Generation and transmission of renewable energy. acquired belongs d) Objects and impact of acquisition This initiative is aligned with the Company's commitment to increasing the (including but not limited to, share of renewable energy in its operations and supports its sustainability disclosure of reasons for acquisition objectives. Further, the acquisition enables the Company to meet the of target entity, if its business is requirements of a "captive user" under the applicable provisions of Indian outside the main line of business of electricity laws and regulations. the listed entity) e) Brief details of any governmental or Not Applicable. regulatory approvals required for the acquisition f) Indicative time-period for Within 30 days from execution of agreement, or by such other date as completion of the acquisition maybe mutually agreed between the parties. g) Nature consideration - whether Cash consideration, funded through internal accruals. cash consideration or share swap or any other form and details of the same h) Cost of acquisition or the price at The Company is subscribing to the equity shares of Radiance KA at par, which the shares are acquired i.e., ₹10 per equity share of face value ₹10 each. i) Percentage of shareholding / Post-acquisition shareholding: 26% of the equity share capital of control acquired and / or number of Radiance KA on a fully diluted basis. shares acquired Number of Shares: 76,12,500 equity shares of face value ₹10 each. Aggregate Subscription Amount: ₹7,61,25,000 (Rupees seven crore sixty-one lakh twenty-five thousand only). Regd. Office: 100 / 101, World Trade Centre, Barakhamba Lane, New Delhi – 110 001 Nestlé India Limited (CIN : L15202DL1959PLC003786) Nestlé House Jacaranda Marg ‘M’ Block, DLF City, Phase – II Gurugram – 122002, Haryana Phone: 0124 – 3940000 E-mail: investor@in.nestle.com Website: www.nestle.in j) Brief background about the entity Brief background about the target entity: Radiance KA is engaged in the acquired in terms of products/line of business of generation and sale of renewable energy. It owns and operates business acquired, date of a solar power plant of 17.5 MW AC / 26.25 MWp DC capacity at Koppal, incorporation, history of last 3 years’ Karnataka. turnover, country in which the Country: India acquired entity has presence and Turnover of Radiance KA (based on audited financial statements): any other significant information (in brief) • FY 2023-24: ₹17.09 crore • FY 2024-25: ₹15.76 crore • FY 2025-26: ₹15.8 crore Date of Incorporation : 2nd August 2021 Regd. Office: 100 / 101, World Trade Centre, Barakhamba Lane, New Delhi – 110 001