Disclosure under regulation 10(5)in respect of acquisition under regulation 10(1)(a) of SEBI (SAST) , 2011 as submitted by the acquirer to the Company

Nirav Commercials Ltd has informed BSE about an inter-se transfer of 80,366 equity shares (20.50% of share capital) among members of the promoter and promoter group, to be executed on or after 30 June 2025 as an off-market transaction by way of gift/distribution deed. The shares are being transferred from Lalit Kumar Daga, Sheela Daga, and three Daga family HUFs to Shailesh Daga (who will receive 41,383 shares, taking his holding to 12.84%) and Raghav Daga (who will receive 38,983 shares, taking his holding to 14.18%). As both transferors and transferees belong to the promoter/promoter group and are immediate relatives, the transaction qualifies for exemption under Regulation 10(1)(a)(ii) of SEBI (SAST) Regulations, 2011, and no open offer is triggered. Importantly, the aggregate promoter and promoter group holding remains unchanged at 27.02% before and after the transfer.