Ester Industries Ltd. — Major Shareholding Notification 2023

May 19, 2023

Wilemina Finance Corp

C/o Nexus Global Financial Services Limited, 5th Floor, The Core Building No.62 ICT Avenue, CyberCity Ebene, Mauritius Tel: +230 468 7800

Date: 05 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

We, Wilemina Finance Corp., Promoter of the Company be and are hereby declare that we 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

For Wilemina Finance Corp.

Authorised Signatory

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