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: August31,2026 To, To, The Executive Director, Listing Depaftrnent, Depaftrnent of Corporate Services, Listing National Stock Exchange of India Limited Depafirncnt, Exclrange Plaza, C-1, Block G. Bandra Kurla BSE Limited Complex, Bandra, East, Mumbai, Maharashtra- Phiroze Jeejeebhoy Towers, Dalal Street, 400051, India Mumbai- 400001 E-mail: {l:J.lcr i'i,it rr:t'.c*. jtt E-rn ai I : t,:;t11.rt1i::1:,.it.t l:scl*Cla.*tl*t VISA Chrome Limited (formerly known as VISA Steel Limited) Registered Address: 11 Ekamra Kanan, Nayapalli, Bhubaneswar, Orissa, India, 75 I 0l 5 E-rnail Dear Sir/Madarn, Sub: Disclosure under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations,201l Please see enclosed tlre disclosure under Regr-rlatiorr 29(2) of the Securities and Exchange Board of India (Substantial Acqr-risition of Shares and Takeovers) Regulations, 20ll by Assets Care & Reconstruction Enterprise Limited, acting as the tmstee and for the benefit of various trusts as mentioned in the disclosure below, in relation to change (exceeding 2Yo) of the total shareholding in the equity shares of VisaChrome Lirnited (fonnerly known as Visa Steel Limited) ("Target Company") under regulation Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations,201L This is in continuation to our disclosure dated August 28,2026, wherein we disclosed the sale of 61,55,253 shares. Subsequently, we were inforrned by our stock-broker that on the same day an additional 4,747 shares of the Target Company were sold by the stock-broker and therefore in order to make a factually accurate disclosure, we are making this revised disclosure for sale of an aggregate of 67,60,000 shares of the Target Company requiring this disclosure under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 201 l. This is for your infonnation and record. For and on -of .liil Assets Enterprise Limited rVlurnb, N : Vipul Designation : Senior Manager Encl: As above ASSETS CARE & RECONSTRUCTION ENTERPRISE LTD. Corporate Office : Office 10L, Kalpataru lnfinia, Plot B, Near Grand Hyatt, Santacruz (East), Mumbai - 400051, Maharashtra. Tel : 022 6864 3101 stered Office : 14th Floo Eros Co orate Tower Nehru Plac New Delhi - 110019 Tel : 011 66115600 E-mail : acre.arc@acreindia.in Website : www.acreindia.in CIN : U65993D12002PlC1L5769 MAKING ASSETS WORK Disclosure under Resulation 29(2) of the SEBI (Substantial Acquisition of Shares ?nd Takeovers) Reeulations. 2011 Name of the Target Company VISA Chrome Limited (formerly known as VISA Steel Limited) (TC) ("'lhrgct Companyoo) Narne(s) of the acqr"rirer/seller Assets Care & Reconstruction Bnterprise Limited, acting in the and Persons Acting in Conceft 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- 13 l-Trust, ACRE- 139-Trust, ACRE- I 43-Trust, ACRE- 1 46-TrLrst, ACRE- I 47-Trust, ACRE- I 49- Trust, ACRE- 63-TrLrst and ACRE- B4-Trust (collectively referred to as "ACRB") for the benefit of the security receipt holders. Whether the acquirel' belongs No to Prornoter/Promoter group Narne(s) of the Stock National Stock Exchange of India Lirnited and BSE Limited Exchange(s) where the shares of TC are Listed Details of % w.r.t. the Number total Yo w.r.t. total diluted acquisitiryrld isposal as fol lows share/votiug share/voting capital capital wherever ofthe TC (**) applicable (*) Before the aeqr*isitie*/:sale under consideration, holding a) Shares carrying voting 1,05,63,899 1.25% 6.31% rights b) Shares in the nature of Nit Nil Nit encurnbrance (pledge/ lien/ non-disposal undertaking/ others) c) Voting riglrts (VR) Nil Nil Nit otherwise than by equity shares d) Warrants/ convertible Nil Nil Nit securities/ any other instrurnent that errtitles the acquirer to receive shares carrying voting rights in the TC (specifo liolding in each category) ASSETS CARE & RECONSTRUCTION ENTERPRISE LTD. I*'U E-mail : aere.arc@acreindia.in Website : www.acreindia.in CIN : U65993D12002PlC115769 rlEI MAKING ASSETS WORK e) Total (a+b+c+d) 1,05,63,899 7.250 6.370 Details of aequisition/ sale: a) Shares carrying voting 61,60,000 4.64% 4.08% rights aequiredl sold b) VRs acquired/ sold Nil Nil Nil otherwise than by shares c) Warrants/ convertible Nit Nil Nil securities/ any other instrument that entitles tlre acquirer to receive shares carrying voting rights in the TC (specifo holding in each category) acquired/ sold d) Shares encumbered Nil NiI NiI /invoked/released by the acquirer e) Total (a+b+c+/-d) 67,600000 4.640h 4.08"h After the aeq*isitiernl sale holding of: a) Shares carrying voting 3 8,03,899 2.61% 2.29% rights acquired b) Shares encumbered with Nit Nit Nil the acquirer c) VRs otherwise than by Nil Nil Nit equity shares d) Wamants/conveftible Nit Nil Nit securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (speciS, holding in each category) after acquisition e) Total (a+b+c+d) 38,03,899 2.61"4 2.290 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 3 Registered Office : 14th Floor, Eros Corporate Tower, Nehru Place, New Delhi - 110019 Tel :0L1 66115600 E-mail : acre.arc@acreindia.in Website : www.acreindia.in CIN : U65993D12002P1C115769 MAKING ASSETS WORK Mode of aequisitionJsale (e.g. Open Market open rnarket/ public issr"rel rights issr-re/ preferential An aggregate of 67,60,000 equity shares of the Target Company allotment/ inter-se transfer, were sold in the open market by the ACRE on August 27,2026. etc.) Date of aequisitionl sale of August 21,2026 shares/ VR orda{e ofiereeipt sFintirn ation-of-all otrnent-of shares, whichever icable Equity share capitall total INR I ,45,78,95,000 cornprising 14,51,89,500 equity shares of face voting capital ofthe TC before value of INR l0/- each. the said uisition/ sale* Equity share capitall total INR 1,45,78,95,000 comprising 14,57,89,500 equity shares of face voting capital of the TC after value of INR 10/- each. the said isition/ sale* Total diluted share/ voting INR 1,65,78,95,000 comprising 16,57,B9,500 equity shares of face capital of the TC after the said value of INR l0/- each. uisition/ sale** (*) Total share capital/ voting capital is taken as per the latest filing done by the cornpany to the Stock Exchange under Clause 35 of the Iisting agreelnent. (**) Diluted share/ voting capital rreaus the total nurlber of shares in the TC assurning full conversion of tlre outstanding convertible securities/ warrants into equity slrares of the TC. For and on Assets Care &' Enterprise Limited .,4i, Signatory;i' Vipul Gupta Designation: Senior Manager Place: Mumbai Date: 31.08.2026 ASSETS CARE & RECONSTRUCTION ENTERPRISE LTD. Corporate Office:Office L01, Kalpataru lnfinia, Plclt B, NearGrand Hyatt, Santacruz (East), 310L Mumbai - 400051, Maharashtra. Tel : 022 6864 4 Registered Office : 14th Floor, Eros Corporate To\Mer, Nehru Plaee, New Delhi - 110019 Tel : 011 661-15600 E-mail : acre.arc@acreindia.in Website : www.acreindia.in CIN : U65993D12002Plcl15769