Borosil Limited — Capital/Financing Update 2025

Apr 9, 2025

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April 9, 2025

BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Scrip Code: 543212	National Stock Exchange of India Limited Exchange Plaza, C-1, Block - G, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051 Symbol: BOROLTD

Dear Sirs,

Sub: Incorporation of a Wholly Owned Subsidiary company – Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”)

We refer to our letter dated March 25, 2025, wherein we informed you about the approval for the incorporation of a Wholly Owned Subsidiary of the Company. We would like to further update you that the Wholly Owned Subsidiary of the Company with the name and style of “Stylenest India Limited” has been incorporated on April 8, 2025 under the provisions of the Companies Act, 2013.

The disclosures as required under Regulation 30 of SEBI Listing Regulations read with SEBI Master Circular dated November 11, 2024, and December 31, 2024, are given in AnnexureA .

This is also being uploaded on the Company's website at www.borosil.com.

You are requested to take the same on record.

Thanking you.

Yours faithfully

For Borosil Limited

Rajesh Digitally signed by Rajesh Kumar Kumar Chaudhary Date: 2025.04.09 Chaudhary 10:26:31 +05'30'

Rajesh Kumar Chaudhary Whole-time Director

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Annexure-A

Sr. No.	Particulars	Details
1	Name of the entity, date & country of incorporation, etc.	Name of the company: Stylenest India Limited (“SIL”) Date of Incorporation: April 8, 2025 Country of incorporation: The registered office of SIL is situated in Mumbai, Maharashtra, India
2	Name of holding company of the incorporated company and relation with the listed entity	SIL is a Wholly Owned Subsidiary of Borosil Limited, the Holding Company
3	Industry to which the entity being incorporated belongs	Consumer products
4	Brief background about the entity incorporated in terms of products/line of business	SIL will be engaged,inter alia, in the business of manufacturing, marketing and distribution of household and kitchenware products and related items, subject to the receipt of necessary approvals.
5	Brief details of any governmental or regulatory approvals required for the incorporation	None / Not Applicable
6	Nature of consideration - whether cash consideration or share swap and details of the same	100% subscription to the initial paid-up share capital in cash.
7	Cost of subscription/price at which the shares are subscribed	Rs.50,00,000 i.e. 50,00,000 equity shares of face value of Re 1/- each at par value
8	Percentage of shareholding/control by the listed entity and/or number of shares allotted	100% subscription to the initial paid-up share capital in cash