The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Assets Care & Reconstruction Enterprise Ltd

MAKING ASSETS WORK Date: August28,2026 To, To, The Executive Director, Listing Depaftment, Depaftment of Corporate Services, Listing National Stock Exchange of India Limited Depaftment, Exchange Plaza, C-1, Block G. Bandra Kurla BSB Limited Complex, Bandra, East, Mumbai, Maharashtra- Pliiroze Jeejeebhoy Towers, Dalal Street, 400051, India Murnbai- 400001 E-rn ai I : I l)k i'r l r, t:t', i l ; rt ii"'. i' { !. i I I E-mai I : ri:,r"p-, r{ I i:itii}J: iiitii:,lp ir_xi i.a, *lr.;;; VISA Chrome Limited (formerly known as VISA Steel Limited) Registered Address: ll Ekamra Kanan, Nayapalli, Bhubaneswar, Orissa, India, 75 I01 5 E-mail : e:.t{n,r'lsei*'*r*,irl{i, d:d;r?} Dear Sir/Madam, Sub: Disclosure under Regulation 29(2) of the Securities and- Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations,20l1 Please see enclosed the disclosure under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 20ll by Assets Care & Reconstruction Enterprise Limited, acting as the trustee and for the benefit of various trusts as mentioned in the disclosure below, in relation to change (exceeding 2o/o) of the total shareholding in the equity shares of Visa Chrome Limited (forrnerly known as Visa Steel Limited) under regulation Regulation 29(2) of tlte Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulatiorrs, 20 1 1 . This is for your infonnation and record For and on behalfof Assets Care & Enterprise Limited Lit iyi Nu26.vipul Gupta Designation: SeniorManager Encl: As above ASSETS CARE & RECONSTRUCTION ENTERPRISE LTD. Corporate Office : Office 101-, Kalpataru lnfinia, Plot B, Near Grand Hyatt, Santacruz (East), Mumbai- 400051, Maharashtra. Tel : 022 6864 31"01. Resistered Office : 14th FlooL Eros Corporate Tower, Nehru Place, New Delhi - 110019 Tel : 011_ 6611"5600 E-mail : acre,arc@acreindia.in Website : www.acreindia.in CIN : U65993D12002P1C115769 FIII- MAKING ASSETS WORK Disclosure under Regulation 29(2) of the SEBI (substantial Acquisition of Shares and Takeo),ers) Reeulations. 2011 Name of the Target Company VISA Chrome Limited (formerly known as VISA Steel Limited) (TC) ("Target Companyoo) Narne(s) of the acquirer/seller Assets Care & Reconstruction Enterprise Limited, acting in the and Persons Acting in Concert capacity as sole trustees of ACRE-32-Trust, ACRE-42-Trust, (PAC) with the acquirer ACRE-47-Trust, ACRE-51-Trust, ACRE-65-Trust, ACRE-90- Trust, ACRE-91 -Trust, ACRE- I 3 I -Trust, ACRE- 139-Trust, ACRE- I 43-Trust, ACRE- 146-Trust, ACRE-1 47-Trust, ACRE- 149- Trust, ACRE- 163-Trust and ACRE- l 84-Trust (collectively referred to as "ACRB") for the benefit of the security receipt holders. Whether the acquirer belongs No to Prornote/Promoter group Name(s) of the Stock National Stock Exchange of India Limited and BSE Limited Exchange(s) where the shares of TC are Listed Details of the Number % wr.t. total oh w.r.t. total diluted aequisitisnld i sposal as fo I lows share/voting share/voting capital capital wherever of the TC (**) applicable (*) Before the aeqr*isitien/sale under consideration, holding a) Shares carrying voting 1,05,63,899 7.25% 6.31% rights b) Shares in the nature of Nit Nil Nit encumbrance (pledge/ lien/ non-disposal undertaking/ others) c) Voting rights (VR) Nil Nit Nil otherwise than by equity shares d) Warrants/ convertible Nit Nil Nil securities/ any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specif, holding in each category) ASSETS CARE & RECONSTRUCTION ENTERPRISE Corporate Office : Office 1"01, Kalpataru lnfinia, Plot B, Near Grand Hyatt, Santacru Mumbai - 400051, Maharashtra. Tel : 022 6864 31,01 Registered Office : 14th Floor, Eros Corporate Tower, Nehru Place, New Delhi - 1100L9 Tel :011 6611 600 E-mail : acre.arc@acreindia.in Website : www.acreindia.in CIN : U65993D12002P1C115769 FIIl- MAKING ASSETS WORK e) Total (a+b+c+d) 1,05,63,999 7.250/r, 6.370h Details of aeg*isition/ sale: a) Shares carrying voting 67,55,253 4.63% 4.07% rights aeq*iredl sold b) VRs acquired/ sold Nil Nit Nit otherwise than by shares c) Warrants/ convertible Nil Nit Nil securities/ any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specifu holding in each category) acquired/ sold d) Shares encumbered Nit Nit Nil /invoked/released by the acquirer e) Total (a+b+c+/-d) 67055,253 4.630A 4.070 After the aegnisitienl sale holding of: a) Shares carrying voting 38,08,646 2.61% 2.30% rights acquired b) Shares encurnbered with Nit Nit Nit the acquirer c) VRs otherwise than by Nil Nit Nil equity shares d) Wamants/convertible Nil Nil Nil securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition e) Total (a+b+c+d) 38,08,646 2.61o/" 2.30'h ASSETS CARE & RECONSTRUCTION ENTERPRISE LTD. Corporate Office : Office 1-01, Kalpataru lnfinia, Plot B, Near Grand Hyatt, Santacruz (East), 3IO1, Mumbai - 400051, Maharashtra. Tel : A22 6864 3 Resistered Office : 1"4th Floor, Eros Corporate Tower, Nehru Place, New Delhi - 110019 Tel : 01L 66115500 E-mail : acre.arc@acreindia.in Website : www.acreindia.in CIN : U65993D12002P1C115769 MAKING ASSETS WORK Mode of aequisitionlsale (e.g. Open Market open market/ public issue/ rights issue/ preferential Please refer to the Note below allotment/ inter-se transfer, etc.) Date of *equisifionl sale of Augr.rst 27,2026 s h ares/ V R or.d ate-of+eceipt sFintimaden-oF allotmenf-of shares, whichever applicable Equity share capitall total INR 1,45,78,95,000 comprising 14,5J,89,500 equity shares of face voting capital ofthe TC before value of INR 10/- each. the said acquisition/ sale* Equity share capitall total INR 1,45,78,95,000 cornprising 14,57,89,500 eqr"rity shares of I'ace voting capital of the TC after value of INR l0/- each. tlre said acquisition/ sale* Total diluted share/ voting INR 1,65,J8,95,000 cornprising16,57,89,500 equity shares of face capital of the TC after the said value of INR 10/- each. acquisition/ sale** (*) Total share capital/ voting capital is taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing agreernerrt. (**) Diluted share/ voting capital lneans the total number of shares in the TC assuming full conversion of the.outstanding conveftible securities/ warrants into equity shares of the TC. For and on behalfof ti Assets n lerprise Limited Au Signatory Name: Vipul Gupta Designation: Senior Manager Place: Mumbai Datez 28.08.2026 ASSETS CARE & RECONSTRUCTION ENTERPRISE LTD. Corporate Office : Office 101-, Kalpataru lnfinia, Plot B, Near Grand Hyatt, Santacruz (East), * 3101 Mumbai 400051, Maharashtra. Tel : 022 6864 4 Resistered Office : 14th Floor, Eros Corporate Tower, Nehru Place, l\ew De lhi - 110019 Tel : 011 661"15600 E-mail : acre.arc@acreindia.in Website : wwwacreindia.in CIN : U65993D12002P1C11"5769