Intimation under regulations 30 and 30A of the SEBI (LODR) Regulations, 2015

Shri Dinesh Mills Ltd's Board of Directors held a meeting on April 29, 2026 where they were informed about a Family Settlement Agreement (FSA) executed between two promoter families - BUP Family (Bharatbhai Patel and Aditya Patel) and NUP Family (Nimish Patel and Nishank Patel). The company is not a party to this agreement. The Board granted in-principle approval for demerger of the FELT business into a separate listed entity, with the residual business remaining in the company. As interim measures, directors have been designated for oversight of respective business verticals. Under the FSA, the NUP Family will cease to hold shares in SDM post-demerger, while the BUP Family will hold shares only in SDM and resign from the Transferee Company board.