Approval for incorporation of a Wholly Owned Subsidiary Company under the name "SN Solar Mangaluru Private Limited''''

Date: 31st August 2026 The Manager, Department of Corporate Services, BSE Limited 25th Floor, PJ Towers, Dalal Street, Fort, Mumbai – 400 001 Scrip Code – 531398 Dear Sir/Madam, Sub: Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Incorporation of a Wholly-owned Subsidiary In furtherance to our earlier letter dated August 12, 2026 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), as amended, we wish to inform you that the Wholly-owned Subsidiary of the Company in the name of “SN Solar Mangaluru Private Limited” is incorporated on August 31, 2026. The details required under Regulation 30 of the SEBI Listing Regulations, read with Schedule III thereto and SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 and SEBI/HO/CFD/CFD-PoD- 1/P/CIR/2023/123 dated July 13, 2023, with respect to the above incorporation of a Wholly-owned Subsidiary is given in Annexure enclosed herewith. We request you to take the same on record and the same be treated as compliance under the applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. Thanking You, Yours Truly, For Source Natural Foods and Herbal Supplements Limited Narasimhan Arvind Varchaswi Managing Director DIN: 00143713 Encl.: As above Annexure Details under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 Sr. Particulars Details 1. Name of the Target Company, SN Solar Mangaluru Private Limited details in brief such as size, turnover, etc. Authorized Capital: Rs. 10,00,000/- (divided into 1,00,000 Equity shares of Rs. 10/- each) Paid up Capital: Rs.1,00,000/- (divided into 10,000 Equity shares of Rs. 10/- each) Size/Turnover: Yet to commence business. 2. Whether the acquisition would The incorporated company being a wholly owned subsidiary is fall within the related party a related party of the Company. transaction(s) and whether the promoter /promoter group/ group Save and except as mentioned above, the promoter/promoter companies have any interest in group/ group companies are not interested. the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at "arm’s length" 3. Industry to which the entity being Green or renewable energy and related activities. acquired belongs 4. Objects and impacts of To develop, implement, own, operate and maintain grid connected acquisition (including but not Solar PV power projects. limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity) 5. Brief details of any governmental Not applicable or regulatory approvals required for the acquisition 6. Indicative time period for Not applicable completion of the acquisition 7. Consideration - whether Cash Subscription of shares in the incorporated company will be by consideration or share swap or way of cash consideration. any other form and details of the same 8. Cost of acquisition and/or the SN Solar Mangaluru Private Limited is a wholly owned subsidiary price at which shares are acquired of Source Natural Foods and Herbal Supplements Limited. Source Natural Foods and Herbal Supplements Limited along with its nominee shareholders has subscribed to 100% equity shares of incorporated company amounting to Rs.1,00,000/- 9. Percentage of shareholding/ control acquired and/ or number 100% of shares acquired 10. Brief background about the entity acquired in terms of product/line SN Solar Mangaluru Private Limited is incorporated on August 31, of and business acquired, date of 2026, and is yet to commence operations. incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief) For Source Natural Foods and Herbal Supplements Limited Narasimhan Arvind Varchaswi Managing Director DIN: 00143713