Disclosure of interse transfers is enclosed

Mr. Akhil Mahajan, part of the promoter group, received 37,53,575 equity shares (about 45.40% of the company) as a gift from his father Mr. Arvind Mahajan and mother Mrs. Rashmi Mahajan on 18 February 2026. No money changed hands as this was a gift within immediate family members. As a result, Akhil Mahajan's individual holding jumped from 5,23,901 shares (6.33%) to 42,77,376 shares (51.73%), making him the single largest shareholder. The total promoter group holding remains unchanged before and after the transfer, so there is no change in overall promoter control of the company. The transfer qualifies as an exempt inter-se transfer under SEBI takeover rules, so no open offer is required.