Allotment of 99,52,606 equity shares of face value Rs. 2 each to Qualified Institutional Buyers at an issue price of Rs. 2,110 per equity share.

28th August, 2026 BSE Limited National Stock Exchange of India Limited 1st Floor, New Trading Wing, Exchange Plaza, 5th Floor, Rotunda Building, P.J. Towers, Plot. C/1, G-Block, Dalal Street, Fort, Bandra - Kurla Complex, Bandra (East), Mumbai - 400 001 Mumbai - 400 051 BSE Scrip Code: 544597 NSE Symbol: PIRAMALFIN Dear Sir / Madam, Sub.: Disclosure of the details of allotment in the Issue (as defined hereinafter) by the Company in accordance with the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015, as amended (‘SEBI Listing Regulations’) Re.: Qualified institutions placement of fully paid-up equity shares of face value Rs. 2 each (the ‘Equity Shares’) by the Company under the provisions of Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (‘SEBI ICDR Regulations’), and Sections 42 and 62(1)(c) of the Companies Act, 2013, including the rules made thereunder, each as amended (the ‘Issue’). Further to our earlier intimation(s) dated 24th August, 2026 and 28th August, 2026, on the captioned subject we wish to inform you that, the Committee of Directors (Administration, Authorisation & Finance) of the Board of Directors (the “Committee”) has, at its meeting held today i.e. 28th August, 2026, approved the issue and allotment of 99,52,606 Equity Shares to eligible qualified institutional buyers at an issue price of Rs. 2,110 per Equity Share (including a premium of Rs. 2,108 per Equity Share), as determined in terms of the SEBI ICDR Regulations, aggregating to Rs. 20,99,99,98,660 (Rupees Two Thousand Ninety Nine Crore Ninety Nine Lakh Ninety Eight Thousand Six Hundred and Sixty only), pursuant to the Issue. The Issue opened on 24th August, 2026 and closed on 28th August, 2026 and the same was intimated to the Stock Exchanges through our letter(s) dated 24th August, 2026 and 28th August, 2026, respectively. Pursuant to the allotment of Equity Shares in the Issue, the paid-up equity share capital of the Company stands increased from Rs. 45.34 crore, comprising of 22,66,77,700 Equity Shares of Rs. 2 each to Rs. 47.33 crore, comprising of 23,66,30,306 Equity Shares of Rs. 2 each. Further, please find attached herewith the list of allottees who have been allotted more than five percent (5%) of the Equity Shares offered in the Issue, marked as Annexure A. The information as required under Regulation 30 of SEBI Listing Regulations read with Schedule – III part - A to the SEBI Listing Regulations and SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026, is as follows: Type of securities issued and allotted Equity Shares Type of issuance Qualified Institutions Placement Total no. of securities issued 99,52,606 Equity Shares at an issue price of Rs. 2,110 per Equity Share (including a premium of Rs. 2,108 per Equity Share), aggregating to Rs. 20,99,99,98,660 Total amount for which securities Rs. 20,99,99,98,660 issued The shareholding pattern of the Company, before and after the Issue, will be submitted along with the listing application in the format specified in Regulation 31 of the SEBI Listing Regulations. The meeting of the Committee commenced at 9:15 p.m. and concluded at 9:30 p.m. Thanking you. Yours faithfully, For Piramal Finance Limited (Formerly known as Piramal Capital & Housing Finance Limited) Bipin Singh Company Secretary Encl.: As above ANNEXURE A LIST OF ALLOTTEES WHO HAVE BEEN ALLOTTED MORE THAN 5% OF THE EQUITY SHARES OFFERED IN THE ISSUE Sr. Name of the Allottees No. of Equity Pan Percentage (%) of Percentage no. Shares Clubbed shares allotted to (PAN Allotted No. of total issue size Clubbed) Shares (5 %) and above 1 ICICI PRUDENTIAL BANKING AND FINANCIAL 643,195 900474 6.4626 9.0476 SERVICES FUND ICICI PRUDENTIAL EQUITY SAVINGS FUND 214,399 2.1542 iSIF ACTIVE ASSET ALLOCATOR LONG-SHORT 42,880 0.4308 FUND 2 KOTAK FLEXICAP FUND 710,901 829384 7.1429 8.3334 KOTAK BALANCED ADVANTAGE FUND 63,191 0.6349 KOTAK FOCUSED FUND 55,292 0.5556 3 NIPPON LIFE INDIA TRUSTEE LTD- A/C NIPPON 206,058 829384 2.0704 8.3334 INDIA GROWTH MID CAP FUND NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON 257,573 2.5880 INDIA MULTI CAP FUND NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON 30,909 0.3106 INDIA BALANCED ADVANTAGE FUND NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON 128,786 1.2940 INDIA VALUE FUND NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON 206,058 2.0704 INDIA SMALL CAP FUND 4 GOLDMAN SACHS FUNDS - GOLDMAN SACHS 750,494 750494 7.5407 7.5407 INDIA EQUITY PORTFOLIO 5 BLACKROCK GLOBAL FUNDS - INDIA FUND 592,418 592418 5.9524 5.9524 6 ADITYA BIRLA SUN LIFE MUTUAL FUND - ADITYA 52,800 592418 0.5305 5.9524 BIRLA SUN LIFE CONGLOMERATE FUND ADITYA BIRLA SUN LIFE MUTUAL FUND - ADITYA 147,840 1.4854 BIRLA SUN LIFE BANKING AND FINANCIAL SERVICES FUND ADITYA BIRLA SUN LIFE MUTUAL FUND - ADITYA 158,402 1.5916 BIRLA SUN LIFE MULTI-CAP FUND ADITYA BIRLA SUN LIFE MUTUAL FUND - ADITYA 52,800 0.5305 BIRLA SUN LIFE SPECIAL OPPORTUNITIES FUND ADITYA BIRLA SUN LIFE MUTUAL FUND - ADITYA 137,280 1.3793 BIRLA SUN LIFE VALUE FUND ADITYA BIRLA SUN LIFE MUTUAL FUND - APEX 6,336 0.0637 HYBRID LONG-SHORT FUND ADITYA BIRLA SUN LIFE MUTUAL FUND - ADITYA 15,840 0.1592 BIRLA SUN LIFE REGULAR SAVINGS FUND ADITYA BIRLA SUN LIFE MUTUAL FUND - ADITYA 21,120 0.2122 BIRLA SUN LIFE EQUITY SAVINGS FUND 7 MOTILAL OSWAL MULTI CAP FUND 426,540 592418 4.2857 5.9524 MOTILAL OSWAL ACTIVE MOMENTUM FUND 142,180 1.4286 MOTILAL OSWAL SPECIAL OPPORTUNITIES FUND 23,698 0.2381 8 QUANT MUTUAL FUND - QUANT EQUITY SAVINGS 21,939 592418 0.2204 5.9523 FUND QUANT MUTUAL FUND - QSIF EQUITY LONG 32,653 0.3281 SHORT FUND QUANT MUTUAL FUND - QSIF EQUITY EX TOP 100 284,360 2.8571 LONG-SHORT FUND QUANT MUTUAL FUND - QSIF HYBRID LONG- 104,265 1.0476 SHORT FUND QUANT MUTUAL FUND - QSIF ACTIVE ASSET 132,701 1.3333 ALLOCATOR LONG - SHORT FUND Sr. Name of the Allottees No. of Equity Pan Percentage (%) of Percentage no. Shares Clubbed shares allotted to (PAN Allotted No. of total issue size Clubbed) Shares (5 %) and above QUANT MUTUAL FUND - QSIF SECTOR ROTATION 16,500 0.1658 LONG - SHORT FUND 9 AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS 222,157 592418 2.2321 5.9523 MUTUAL FUND A/C AXIS MIDCAP FUND AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS 222,157 2.2321 MUTUAL FUND A/C AXIS SMALL CAP FUND AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS 148,104 1.4881 MUTUAL FUND A/C AXIS ESG INTEGRATION STRATEGY FUND The clubbing has been done basis common PAN.