The Company has acquired 0.62% shares in Gujarat Winding Systems Limited and presently holds 7.47 % shares in the Company

August 29, 2026 To, To, Department of Corporate Services, The Compliance Officer BSE Limited Gujarat Winding Systems Limited, Phiroze Jeejeebhoy Towers, 8, Gokul Complex, Opp. Nagri Hospital, Dalal Street, Gujarat College Road, Ellisbridge, Mumbai – 400001. Ahmedabad, Gujarat - 380006 Sub: Disclosure under Regulation 29(2) of the SEBI(SAST) Regulations, 2011. Ref: Scrip Code - 530139 Dear Sir / Madam, In compliance with the Disclosures under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, we are enclosing the said disclosure required under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, in Target Company – Gujarat Winding Systems Limited. Attached herewith please find the Disclosures under respective format. Please acknowledge and take on record the same. Thanking You. For KREON FINNANCIAL SERVICES LIMITED (NIHARIKA GOYAL) Chief Compliance Officer ACS - 61428 CIN: L65921TN1994PLC029317 StuCred A Division Of (Office) +91-8043570129 KREO N FINNANCIAL SERVICES LIMITED info@stucred.com, info@kreon.in #26, 22nd Street, Rathinam Nagar, Thiruvanmiyur, Chennai - 600041 www.stucred.com, www.kreon.in ANNEXURE – 1 FORMAT FOR DISCLOSURES UNDER REGULATION 29(2) OF SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011 Part-A- Details of the Acquisition Name of the Target Company (TC) GUJARAT WINDING SYSTEMS LIMITED Registered office: 8, Gokul Complex, Opp. Nagri Hospital, Gujarat College Road, Gujarat – 380006 Email Id: hitechwindingsystemslimited@gmail.com Name(s) of the acquirer and Persons Acquirer-KREON FINNANCIAL SERVICES Acting in Concert (PAC) with the acquirer LIMITED Whether the acquirer belongs to No Promoter/Promoter group Name(s) of the Stock Exchange(s) where the BSE Limited shares of TC are Listed Number % w.r.t. total % w.r.t. total diluted Details of the acquisition as follows share/voting Share /voting capital capital of wherever the TC (**) applicable(*) Before the acquisition/sale under consideration, holding of acquirer along with PACs of: a) Shares carrying voting rights 332792 6.85% 6.85% b) Shares in the nature of encumbrance (pledge/ lien/ non-disposal undertaking Nil Nil NA /others) c) Voting rights (VR) otherwise than by equity shares Nil Nil NA d) Warrants/convertible securities /any other instrument that entitles the acquirer to Nil Nil NA receive shares carrying voting rights in the TC (specify holding in each category) e) Total (a+b+c+d) 332792 6.85% 6.85% Details of acquisition / sale a) Shares carrying voting rights acquired 30000 0.62 % 0.62 % b) Shares carrying voting rights sold Nil Nil Nil c) VRs acquired/sold otherwise than by equity Nil Nil Nil shares d) Warrants/convertible securities/any other instrument that entitles the acquirer to Nil Nil Nil receive shares carrying voting rights in the TC (specify holding in each category) acquired/sold e) Shares encumbered/invoked/released by Nil Nil NA Promoter e) Total (a+b+c+/-d) 30000 0.62 % 0.62 % After the acquisition/ sale, holding of Acquirer along with PACs of a) Shares carrying voting rights 362792 7.47 % 7.47 % b) Shares encumbered with the acquirer Nil Nil NA c) VRs otherwise than by equity shares Nil Nil NA d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the Nil Nil NA TC (specify holding in each category) after acquisition e) Total (a+b+c+d) 362792 7.47 % 7.47 % Mode of acquisition (e.g. open market / off- Open Market market / public issue / rights issue / preferential allotment/inter-se transfer etc.) Salient features of the securities acquired Equity Shares of the Target Company. Equity including time till redemption, ratio at which it Shares will rank pari-passu to the existing shares can be converted into equity shares, etc. Date of acquisition/ VR or date of receipt of 27-08-2026 (Date on which 7% holding crossed) intimation of allotment of shares, whichever is applicable Equity share capital / total voting capital of the Rs. 4,85,79,000/- (48,57,900 Equity Shares of Rs. TC before the said acquisition 10/- each.) Equity share capital/ total voting capital of the Rs. 4,85,79,000/- (48,57,900 Equity Shares of Rs. TC after the said acquisition 10/- each.) Total diluted share/voting capital of the TC Rs. 4,85,79,000/- (48,57,900 Equity Shares of Rs. after the said acquisition 10/- each.) PART B*** Name of the Target Company: GULARAT WINDING SYSTEMS LIMITED Name(s) of the acquirer and Whether the acquirer PAN of the acquirer and / or Persons Acting in Concert belongs to Promoter/ PACs (PAC) with the acquirer Promoter group Acquirer- KREON No Acquirer- AAACT1144R FINNANCIAL SERVICES LIMITED For KREON FINNANCIAL SERVICES LIMITED Niharika Goyal Chief Compliance Officer ACS - 61428 info@kreon.in +91 9363485087 Place: Chennai Date: - August 29, 2026 Note: (*) Total share capital/voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Regulation 31 of the SEBI (LODR) Regulation 2015. (**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC. (***) Part-B shall be disclosed to the Stock Exchanges but shall not be disseminated.