Aequs Limited — Capital/Financing Update 2026

May 22, 2026

AEQUS
ecosystems of efficiency

May 22, 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 Cookware Private Limited, a Joint Venture of the Company, through a rights issue. Aequs Cookware Private Limited, has allotted 18,16,761 equity shares to the Company at a price of INR 51.19 /- per equity share on rights basis.

The details as required under Regulation 30 read with Part A, Para A of Schedule III of the SEBI Listing Regulations, 2015 and SEBI Circular No SEBI/HO/CFD/PoD2/I/3762/2026 dated January 30, 2026, as Annexure A.

The above announcement will also be 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

RAVI
MALLIKARJUN
HUGAR

Digitally signed by RAVI
MALLIKARJUN HUGAR
Date: 2026.05.22
14:56:30 +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 target entity, details in brief such as size, turnover etc.	Name: Aequs Cookware Private Limited, ("ACPL")
Details: U27504KA2024PTC189903
Details as on March 31, 2025 (Audited):
a) Turnover: INR 16 Crore
b) Loss after tax: INR 5.57 Crore
c) Networth: INR 4.87 Crore
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 ACPL, a Joint Venture of the Company under the rights issue offer made by ACPL. ACPL being a Joint Venture, is a related party of the Company.
Except to the extent of shares held by the Company in ACPL, the promoter/promoter group/group companies of the Company have no interest in ACPL. The said transaction is done at Arm's Length basis.
Date of approval of Related Party Transaction by Audit Committee – March 18, 2026.
c.	Industry to which the entity being acquired belongs	ACPL is in the business of manufacturing of cookware appliances, kitchenware appliances and all types of cooking utensils.
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 utilized by ACPL for its operational requirements and for other general corporate purposes.
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
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	18,16,761 equity shares have been allotted at a price of INR 51.19/- per equity share.
Total amount invested is INR 9,29,99,995.59/-

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

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 ACPL. It will continue to remain as a Joint Venture of the Company with 50% of the share capital.
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: ACPL is in the business of manufacturing of cookware appliances, kitchenware appliances and all types of cooking utensils.
Date of Incorporation: 20-June-2024
Consolidated Total Income of last 3 years (Amount in INR Crore):
FY 2024-25 16
FY 2023-24 Nil
FY 2022-23 Nil
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
Corporate Office: Aequs SEZ, No. 437/A, Hattargi Village, Hukkeri Taluk, Belagavi - 591243, Karnataka, India
T: +91 0831 4222500
www.aequs.com