Aequs Limited — Capital/Financing Update 2026

Jan 21, 2026

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Date: January 21, 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 (“SEBI Listing Regulations”)

Dear Sir/ Ma’am,

Pursuant to Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), read with Schedule III Part A Para A (1) of the SEBI Listing Regulations, we would like to inform you that the Company has made a further investment in Aequs Consumer Products Private Limited, a wholly owned subsidiary of the Company, through a rights issue.

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 SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, as Annexure A.

The above announcement is also made available on the website of the Company and can be accessed using the link i.e. https://www.aequs.com/investor/.

Kindly take the same on record.

Thanking You,

For Aequs Limited

(Formerly known as Aequs Private Limited)

RAVI Digitally signed by RAVI MALLIKARJUN HUGAR MALLIKARJUN Date: 2026.01.21 HUGAR 16:45:52 +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

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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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ANNEXURE A

Sr. No.	Particulars	Details
a.	Name of the target entity, details in brief such as size, turnover etc.	Name:Aequs Consumer Products Private Limited (“ACPPL”) CIN:U28995KA2019PTC129087 Details as on March 31, 2025 (Audited): a) Turnover: 158.07 million b) Loss after tax: 125.33 million c) Networth: 2421.2 million
b.	Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”	Aequs Limited has invested in ACPPL, a wholly owned subsidiary of the Company under the rights issue offer made by ACPPL. ACPPL being a wholly owned subsidiary, is a related party of the Company. However, as this is the transaction between the holding company and wholly owned subsidiary, 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 ACPPL, the promoter/promoter group/group companies of the Company have no interest in ACPPL.
c.	Industry to which the entity being acquired belongs	Manufacturing of consumer products including electronic/digital devices/electrical components and parts.
d.	Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity)	This investment is a part of utilization of the IPO proceeds as specified in Prospectus of Aequs Limited dated December 5, 2025. These funds will be utilised to repay the Bank Loan and to meet working capital requirements.
e.	Brief details of any governmental or regulatory approvals required for the acquisition	Not Applicable
f.	Indicative time period for completion of the acquisition	Not Applicable

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

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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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g.	Consideration - whether cash consideration or share swap or any other form and details of the same		Cash
h.	Cost of acquisition or the price at which the shares are acquired		15,968,431 shares have been subscribed at a price of INR 144.76/- per equity share. Total amount invested is INR 2,31,15,90,071.56/-
i.	Percentage of shareholding / control acquired and / or number of shares acquired		There will be no change in the percentage of shareholding of the Company in ACPPL. It will continue to remain a wholly owned subsidiary of the Company.
j.	Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief)		Brief Background about the entity:ACPPL is engaged in the business of manufacturing of consumer products including electronic/digital devices/electrical components and parts. Date of Incorporation:25-Oct-2019 Consolidated Total Income of last 3years: FY 2024-25 158.07 million FY 2023-24 311.69 million FY 2022-23 299.38 million Country in which the acquired entity has presence:India

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

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Corporate Office: Aequs SEZ, No. 437/A, Hattargi Village, Hukkeri Taluk, Belagavi – 591243, Karnataka, India T: +91 0831 4222500

www.aequs.com