BPL Ltd. — Major Shareholding Notification 2025

Sep 17, 2025

MT Claypond Capital Partners Private Limited

16 September, 2025

$To:$

• 1. Compliance Officer BPL Limited BPL Works, Palakkad, Kerala, 678007 Email: investor@bpl.in
• 1. Corporate Compliance and Listing Centre BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort Mumbai - 400 001 Email: corp.relations@bseindia.com
• 1. Listing Department National Stock Exchange of India Limited Exchange Plaza, C-1, Block G Bandra Kurla Complex, Bandra (E) Mumbai - 400 051 Email: takeover@nse.co.in

Dear Sir / Madam,

Sub.: Disclosure pursuant to Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Please find enclosed as Annexure A disclosure of details of creation of pledge of equity shares of BPL Limited in favour of Claypond Capital Partners Private Limited, in terms of Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

We request you to take the same on record.

Thanking you,

Yours sincerely,

For and on behalf of Claypond Capital Partners Private Limited

Name: Kallabandi Sreekanth Designation: Director

tal P. Pougks Bengaluru

Corporate and Registered Office: 15th Floor, J W Marriott, No. 24/1, Vittal Mallya Road, Ashok Nagar, Bengaluru - 560 001 Ph: +91 80 3088 8100 Fax: +91 80 3088 8222 e-mail: contactus@claypondcapital.com CIN: U66190KA2024PTC188422

Annexure A

Part A-Details of the Acquisition

Name of the Target Company (TC)	BPL Limited
Name(s) of the acquirer and PersonsActing in Concert $(PAC)$ with theacquirer	Claypond Capital Partners Private Limited
Whether the acquirer belongstoPromoter / Promoter group	No
Name(s) of the Stock Exchange(s)where the shares of TC are Listed	BSE Limited$\bullet$National Stock Exchange of India Limited۰
Details of the acquisition as follows	Number	% w.r.t. total share/ voting capitalwhereverapplicable $(*)$	% w.r.t. totaldiluted share /voting capital ofthe TC $(**)$
Before the acquisition under consideration, holding of acquirer along with PACs of:
(a) Shares carrying voting rights	NIL	NIL	NIL
(b) Sharestheofinnatureencumbrance (pledge/ lien/ non-disposal undertaking/others)	NIL	NIL	NIL
(c) Voting rights $(VR)$ otherwise thanby equity shares	NIL	NIL	NIL
(d) Warrants / convertible securities /any other instrument that entitlesthe acquirer to receive sharescarrying voting rights in the TC	NIL	NIL	NIL
(specify holding in each category)(e) Total $(a+b+c+d)$	NIL	NIL	NIL
Details of acquisition
(a) Shares carrying voting rightsacquired	NIL	NIL	NIL
(b) VRs acquired otherwise than byequity shares	NIL	NIL	NIL
(c) Warrants / convertible securities /any other instrument that entitlesthe acquirer to receive sharescarrying voting rights in the TC(specify holding in each category)acquired	NIL	NIL	NIL
(d) Sharestheinnatureofencumbrance (pledge / lien/ non-disposal undertaking / others)	2,46,11,544	50.25%	50.25%
(e) Total $(a+b+c+d)$	2,46,11,544	50.25%	50.25%

Corporate and Registered Office: 15th Floor, J W Marriott, No. 24/1, Vittal Mallya Road, Ash Nagar, Bengaluru - 560 001 Ph: +91 80 3088 8100 Fax: +91 80 3088 8222 e-mail: contactus@claypool.comCIN: U66190KA2024PTC188422

MIT Claypond Capital Partners Private Limited

After the acquisition, holding of:
(a) Shares carrying voting rights	NIL	NIL	NIL
(b) VRs otherwise than by equityshares	NIL	NIL	NIL
(c) Warrants / convertible securities /any other instrument that entitlesthe acquirer to receive sharescarrying voting rights in the TC(specify holding in each category)after acquisition/	NIL	NIL	NIL
Sharesinof(d)thenatureencumbrance (pledge / lien/ non-disposal undertaking / others)	2,46,11,544	50.25%	50.25%
(e) Total $(a+b+c+d)$	2,46,11,544	50.25%	50.25%
Mode of acquisition (e.g. open market /public issue / rights issue / preferentialallotmentinter-setransferencumbrance etc.)	Encumbrance created by way of pledge of shares of BPL Limited held by ERComputers Private Limited and Electro Investment Private Limited, in favourof Claypond Capital Partners Private Limited, in order to secure a loan ofINR 96 crore availed by ER Computers Private Limited from ClaypondCapital Partners Private Limited.
Salientfeaturesof the securitiesacquired including time till redemption,ratio at which it can be converted intoequity shares, etc.	Not applicable, as the pledge is on ordinary equity shares of the TC.
Date of acquisition of / date of receiptof intimation of allotment of shares /VR / warrants / convertible securities /any other instrument that entitles theacquirer to receive shares in the TC	15 September 2025 (date of creation of pledge)
Equity share capital / total votingcapital of the TC before the saidacquisition	4,89,75,751 equity shares of INR 10 each.
Equity share capital / total votingcapital of the TC after the saidacquisition	4,89,75,751 equity shares of INR 10 each.
Total diluted share / voting capital ofthe TC after the said acquisition	4,89,75,751 equity shares of INR 10 each.

(*) Total share capital / voting capital to be taken as per the latest filing done by the company to the stock exchange as on 30 June 2025 under Regulation 31 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

(**) Diluted share / voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.

pital Pay

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Corporate and Registered Office: 15th Floor, J W Marriott, No. 24/1, Vittal Mallya Road, Ashok Magar,Bengaluru – 560 001 Ph: +91 80 3088 8100 Fax: +91 80 3088 8222 e-mail: contactus@clayponeka###### CIN: U66190KA2024PTC188422