ENVIRO INFRA ENGINEERS LIMITED — M&A Activity 2025

Jun 4, 2025

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Date: 04[th] June, 2025

To To National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street Bandra (E), Mumbai – 400 051 Mumbai – 400001 Scrip Symbol: EIEL Scrip Code: 544290

Sub: Completion of acquisition transaction in EIE Renewables Private Limited

Dear Sir/Madam,

This in furtherance to our previous disclosure dated 03.05.2025 and 06.05.2025, we hereby confirm that the Company has completed the entire transaction in EIE Renewables Private Limited as provided in the said disclosures.

The detailed disclosure as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI master Circular dated 11.11.2024, amended by SEBI circular dated 31.12.2024 is attached herewith at ‘Annexure A’.

Kindly take the above information on record.

Thanking you,

Yours Faithfully,

For Enviro Infra Engineers Limited

PIYUSH Digitally signed by PIYUSH JAIN JAIN Date: 2025.06.04 17:22:09 +05'30' (Piyush Jain) Company Secretary & Compliance Officer M. No. A57000

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Annexure – A

The details as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11.11.2024 is as under:

S. No.	Particulars	Details
1.	Name of the target entity,details in brief such as size,turnover etc.	EIE Renewables Private Limited (“TargetCompany”) is an Indian Company incorporatedunder the Companies Act, 2013 on February 18,2025.Authorised Capital – ₹ 100,00,00,000/-(10,00,00,000 Equity Shares of ₹ 10/- each)Paid up Capital – ₹ 50,00,00,000/-(5,00,00,000 shares of ₹ 10/- each)Turnover-Nil
2.	Whether the acquisition wouldfallwithinrelatedpartytransaction(s) and whether thepromoter/promotergroup/group companies have anyinterest in the entity beingacquired? If yes, nature ofinterest and details thereof andwhether the same is done at“arm’s length”	The said acquisition is a related partytransaction.Mr. Sanjay Jain and Mr. Manish Jain, PromoterDirectors of the Company, are also the Directorsand were the shareholders of the TargetCompany, holding 50,000 (Fifty Thousand)shares each.TheCompanyhasinitiallyinvested₹10,00,000/- (Rupees Ten Lakhs Only) byacquiring 1,00,000 (One Lakh) equity sharesfrom the existing shareholders of the TargetCompany at a price of ₹10 per share, therebymaking the Target Company Wholly OwnedSubsidiary of the Company w.e.f. 07.05.2025.The Company further invested ₹49,90,00,000(Rupees Forty Nine Crore and Ninety Lakhsonly), through fresh allotment by way ofsubscribing to 4,99,00,000 equity shares in theTarget Company at a face value of ₹ 10 pershare on 04.06.2025.The said transaction is done at arm’s length.

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----- Start of picture text ----- Generation of energy through Non-Industry to which the entity3. conventional/ Renewables and Sustainablebeing acquired belongssources and its distribution.The Target Company is incorporated for thepurpose of undertaking the business of powerObjects and impact ofgeneration through renewable sources.acquisition (including but notlimited to, disclosure of reasonsThe said acquisition will enable the Company to4. for acquisition of target entity, iftap the opportunities prevailing in the renewableits business is outside the mainenergy sector and aligns with the long-termline of business of the listedvision of the Company to expand intoentity).sustainable and future-oriented businesssegments.Brief details of anygovernmental or regulatory5. Not Applicableapprovals required for theacquisition.Indicative time period for6. Completed on 04.06.2025completion of the acquisitionConsideration - whether cashconsideration or share swap or7. Cash considerationany other form and details ofthe same.a. Initial cost of acquisition - ₹10,00,000/-(Rupees Ten Lakhs Only) by acquiring1,00,000 (One Lakh) equity shares from theexisting shareholders of the Target Companyat a price of ₹10 per share.Cost of acquisition and/or the8. price at which the shares areb. The Company further investedacquired.₹49,90,00,000/- (Rupees Forty-Nine Croreand Ninety Lakhs only), through freshallotment by way of subscribing to4,99,00,000 equity shares in the TargetCompany at a face value of ₹ 10 per share.Percentage of shareholding /9. control acquired and / or 100%number of shares acquired.Brief background about the The Target Company is an Indian Companyentity acquired in terms of incorporated under the Companies Act, 2013 onproducts/line of business February 18, 2025, engaged in the business of10. acquired, date of incorporation, Non-conventional/ Renewables andhistory of last 3 years turnover, Sustainable Energy Generation and itscountry in which the acquired Distribution.entity has presence and any----- End of picture text -----

		other significant information (inbrief).	After the said acquisition, the Target Companyhas became the Wholly Owned Subsidiary ofthe Company.Market presence: PAN IndiaSincetheTargetCompanyisnewlyincorporated, its business activity is yet tocommence, therefore, its turnover is ‘NIL’ in last3years.