Aequs Limited — Capital/Financing Update 2026

Apr 23, 2026

AEQUS
ecosystems of efficiency

Date: April 23, 2026

To,

National Stock Exchange of India Limited,
Exchange Plaza, C-1, Block G,
Bandra Kurla Complex, Bandra (E),
Mumbai – 400 051
NSE Scrip Symbol: AEQUS

BSE Limited,
20th Floor, P.J. Towers,
Dalal Street,
Mumbai - 400001.
BSE Scrip Code: 544634

Subject: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/ Ma’am,

With reference to the captioned subject, we would like to inform you that pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), and based upon the consideration and recommendation of Audit Committee, the Board of Directors of the Aequs Limited (the “Company”) at their meeting held today, i.e., Thursday, April 23, 2026 which commenced at 18:00 HRS IST and concluded at 19:05 HRS IST have inter-alia:

1. Approved the Scheme of Amalgamation between AeroStructures Manufacturing India Private Limited, Aequs Engineered Plastics Private Limited and Aequs Force Consumer Products Private Limited (Wholly owned subsidiaries of the Company) with the Company under the provisions of Section 233 of the Companies Act, 2013 and the rules made thereunder, subject to the approval of the shareholders of the Company and applicable authorities.

The Notice of the shareholder’s meeting, including other related information as required pursuant to the provisions of the Companies Act, 2013, and Listing Regulations, will be published and communicated in due course. This information will also be made available on the Company’s website at: https://www.aequs.com/investor/.

The details required under Regulation 30 read with Para A (1) of Part A of Schedule III of the SEBI Listing Regulations and the SEBI circular HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026, as Annexure A.

You are requested to take the information on record.

Thanking You,

For Aequs Limited
RAVI
MALLIKARJUN
HUGAR
Digitally signed by RAVI
MALLIKARJUN HUGAR
Date: 2026.04.23
19:10:57 +05'30'

Ravi Mallikarjun Hugar
Company Secretary and Compliance Officer
Membership Number: A20823

Aequs Limited (formerly known as Aequs Private Limited)
Corporate Identity Number: L80302KA2000PLC026760
Registered Office: Aequs Tower, No. 55, Whitefield Main Road, Mahadevapura Post, Bengaluru - 560048, Karnataka, India
T: +91 080 61348000
Corporate Office: Aequs SEZ, No. 437/A, Hattargi Village, Hukkeri Taluk, Belagavi – 591243, Karnataka, India
T: +91 0831 4222500
www.aequs.com

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AEQUS
ecosystems of efficiency

ANNEXURE A

Sr. No.	Particulars	Details
a.	Name of the entity(ies) forming part of the amalgamation/merger, details in brief such as, size, turnover etc.	The details of AeroStructures Manufacturing India Private Limited ('ASMIPL'), Aequs Engineered Plastics Private Limited ('AEPPL'), Aequs Force Consumer Products Private Limited ('AFCPPL'), wholly owned subsidiaries of the Company, being the Transferor Companies and Aequs Limited (the "Company"), being the Transferee Company are as under as on March 31, 2025: (Rs in million)
		Name	Turnover	Profit/(Loss) after tax	Net worth
		AeroStructures Manufacturing India Private Limited (CIN:U29253KA2013PTC067763)	5,082	331	2,457
		Aequs Engineered Plastics Private Limited (CIN:U22209KA2015PTC078777)	547	(284)	13
		Aequs Force Consumer Products Private Limited (CIN:U28191KA2018PTC114901)	212	(213)	267
		Aequs Limited (CIN: L80302KA2000PLC026760)	922	(736)	9,095
b.	Whether the transaction would fall within related party transactions? If yes, whether the same is done at "arm's length	ASMIPL, AEPPL, and AFCPPL being the wholly owned subsidiaries, are related parties of the Company. However, as this is the transaction between the holding company and wholly owned subsidiaries, pursuant to the provisions of Regulation 23(5) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015, this transaction does not fall within the ambit of related party transactions. Except to the extent of shares held, by the Company in ASMIPL, AEPPL, and AFCPPL, the promoter/promoter group/group companies of the Company have no interest in ASMIPL, AEPPL, and AFCPPL. Further, in accordance with the clarifications provided in General Circular No. 30/2014 dated July 17, 2014 issued by Ministry of Corporate Affairs, compliance with the requirements of Section 188 of the Companies Act, 2013 will not be required in relation to the proposed Scheme of Amalgamation.
c.	Area of business of the entity(ies)	Aequs Limited ("Transferee Company) (formerly known as Aequs Private Limited) was incorporated on March 27, 2000 under provisions of the Companies Act, 1956 (CIN: L80302KA2000PLC026760) having its registered office at Aequs Tower, No. 55, Whitefield Main Road, Mahadevapura Post, Bengaluru - 560048, Karnataka, India. The Company, into the business of manufacturing of machined parts for aerospace and other engineering sectors.

Aequs Limited (formerly known as Aequs Private Limited)

Corporate Identity Number: L80302KA2000PLC026760

Registered Office: Aequs Tower, No. 55, Whitefield Main Road, Mahadevapura Post, Bengaluru - 560048, Karnataka, India

T: +91 080 61348000

Corporate Office: Aequs SEZ, No. 437/A, Hattargi Village, Hukkeri Taluk, Belagavi - 591243, Karnataka, India

T: +91 0831 4222500

www.aequs.com

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AEQUS
ecosystems of efficiency

| | | ASMIPL ("Transferor Company 1) is a company registered under the Companies Act, 1956 on February 07, 2013 with CIN: U29253KA2013PTC067763. The Registered Office of the company is at Aequs Tower, No. 55, Whitefield Main Road, Mahadevapura Post, Bangalore - 560048, Karnataka, India. ASMIPL is in the business of machining of parts and manufacturing for aerospace sector.

AEPPL ("Transferor Company 2) is a company registered under the Companies Act, 2013 on February 10, 2015 with CIN: U22209KA2015PTC078777. The Registered Office of the company is at Aequs Tower, No. 55, Whitefield Main Road, Mahadevapura Post, Bangalore - 560048, Karnataka, India. The Company is formed to carry on the business of manufacturing of all sorts of plastic products, light and heavy automobile parts and toys.

AFCPPL ("Transferor Company 3") is a company registered under the Companies Act, 2013 on July 19, 2018, with CIN: U28191KA2018PTC114901. The Registered Office of the company is at Aequs SEZ, No. 437/A, Hattargi Village, Hukkeri Taluk, Belagavi, Karnataka, India, 591243. The Company is into the business of manufacturing of all sorts of consumer products and toys. |
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| d. | Rationale for amalgamation/ merger | The Transferor Companies are all wholly owned subsidiaries of Transferee Company and managed under one management and overall consolidation of business operations, decision making and accounts consolidation takes place in the hands of Transferee Company. Towards the objective of combining the businesses and streamline the management structure, it is proposed to amalgamate ASMIPL, AEPPL and AFCPPL with Aequs Limited. The consolidation of the activities by way of an amalgamation will lead to synergies of operations and a stronger and wider capital and financial base for future growth/expansion.

The amalgamation of Transferor Companies with Transferee Company would inter alia have the following benefits:
a. Greater integration, financial strength and flexibility for the amalgamated entity, which would result in maximizing overall shareholder value and will improve the competitive position of the combined entity.
b. Greater leverage in operations, planning and process, efficiency in cash management and unfettered access to cash flow generated by the combined business.
c. Cost savings are expected to flow from synergies achieved through joint operational efforts, rationalization, standardization and simplification of business processes, administration, finance, accounts, legal and other related functions, leading to elimination of duplication and rationalization of administrative expenses. |

Aequs Limited (formerly known as Aequs Private Limited)

Corporate Identity Number: L80302KA2000PLC026760
Registered Office: Aequs Tower, No. 55, Whitefield Main Road, Mahadevapura Post, Bengaluru - 560048, Karnataka, India
T: +91 080 61348000
Corporate Office: Aequs SEZ, No. 437/A, Hattargi Village, Hukkeri Taluk, Belagavi - 591243, Karnataka, India
T: +91 0831 4222500
www.aequs.com

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AEQUS
ecosystems of efficiency

| | | d. Simplification of group structure by eliminating multiple companies and reducing managerial overlap.

Please note that this Scheme of Amalgamation is aligned to the statement made by Aequs Limited in Red Herring Prospectus under “Section IV – About Our Company - Our Business”, to improve margins through higher value manufacturing and measures for operational efficiencies, as part of business restructuring, for generation of business synergies and operational efficiencies, the Company is exploring options to merge, consolidate or wind-up with some of Indian wholly owned subsidiary entities.

This scheme does not involve any corporate debt restructuring. |
| --- | --- | --- |
| e. | In case of cash consideration – amount or otherwise share exchange ratio | Not Applicable

Upon this Scheme becoming effective, as the Transferor Companies being wholly owned subsidiary of the Transferee Company, there shall be no issue of shares by the Transferee Company.

Further, upon this Scheme becoming effective, the investments in the equity shares of the Transferor Companies, appearing in the books of account of the Transferee Company shall be cancelled without any further application, act, instrument or deed. |
| f. | Brief details of change in shareholding pattern (if any) of listed entity. | No change will be in the Shareholding pattern (Equity Paid-up capital) of the Listed Company post effective of amalgamation: |
| g | Any other significant information (in brief) | None |

Aequs Limited (formerly known as Aequs Private Limited)
Corporate Identity Number: L80302KA2000PLC026760
Registered Office: Aequs Tower, No. 55, Whitefield Main Road, Mahadevapura Post, Bengaluru - 560048, Karnataka, India
T: + 91 080 61348000
Corporate Office: Aequs SEZ, No. 437/A, Hattargi Village, Hukkeri Taluk, Belagavi – 591243, Karnataka, India
T: +91 0831 4222500
www.aequs.com