Ester Industries Ltd. — Major Shareholding Notification 2023

May 19, 2023

Ayush Vardhan Singhania

Date $-5$ th April, 2023

BSE Limited (BSE)Department of Corporate servicesPhirojee Jeejeebhoy TowersDalal Street, Mumbai - 400023	National Stock Exchange of India Limited (NSE)Exchange Plaza,Plot no. C/1, G Block,Bandra-Kurla Complex,Bandra (E), Mumbai - 400051
Scrip Code: 500136	Symbol: ESTER

Dear Sir/Madam,

Subject - Declaration under Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers Regulations, 2011

Target Company - ESTER INDUSTRIES LIMITED

I, Ayush Vardhan Singhania, Promoter of the Company be and is hereby declare that I along with persons acting in concert, have not made any encumbrance, directly or indirectly, during the financial year 2022-2023.

This is for your information and record.

Regards

Ayush Vardhan Singhania

$CC:$ The Audit Committee Ester Industries Limited Sohan Nagar, P. O. Charubeta, Khatima-262308, Distt. Udham Singh Nagar, Uttarakhand

Ayush Vatika, 20 Goshala Road, Satbari Village, Chattarpur, Mehrauli, New Delhi - 110074