Please find enclosed the outcome file.

The Committee of Independent Directors of Shah Foods Limited has reviewed the open offer being made by Mr. Ankit Jalan and Mr. Anuj Jalan (along with their family members and Jalan Sarees Private Limited as PACs). The offer is to acquire up to 60,61,900 equity shares representing 26% of the company's equity capital at Rs. 62.50 per share. The Committee has concluded that the open offer is fair and reasonable for the shareholders. This open offer was triggered pursuant to a Public Announcement made on 10th February 2026.