ETHOS LIMITED — Capital/Financing Update 2025

Jun 16, 2025

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Ref. No.: Ethos/Secretarial/2025-26/34

Dated: June 16, 2025

Corporate Service Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra, Mumbai – 400001 Mumbai - 400051 Scrip Code: 543532 Trading Symbol: ETHOSLTD ISIN: INE04TZ01018

Subject: Disclosure under Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015 for acquisition of shares in FICUS TRADING LLC, Wholly Owned Subsidiary Company

Dear Sir/Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") and in continuation to our disclosure dated April 18, 2025, we hereby inform you that the Company has acquired 300 equity shares of AED 1000 each of FICUS TRADING LLC, subsidiary of the Company as initial paid-up capital towards subscription of MOA.

Disclosure of information pursuant to Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 in respect of matter stated above is enclosed as Annexure I.

You are requested to please take on record the above-mentioned information for your reference and further needful.

Thanking You, Sincerely,

For Ethos Limited

SHUBHAM Digitally signed by SHUBHAM KANDHWAY KANDHWAY Date: 2025.06.16 17:34:30 +05'30'

Shubham Kandhway Company Secretary & Compliance Officer

Encl: as above

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Annexure – A

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Disclosure of information pursuant to Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024

S. No.	Particulars	Details
1	Name of the target entity, details in brief such as size,turnover etc.;	FICUS TRADING LLC
2	Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”;	Being a subsidiary, FICUS TRADING LLC is a related party of the Company. The Promoters / promoters group do not have any direct interest in the subsidiary company.
3	Industry to which the entity being acquired belongs;	Watches, Clocks & Spare Parts Trading
4	Objects and effects of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of listed entity);	To expand the Company’s presence in international markets, particularly in the Middle East region. The business is aligned with the main line of business of the Company.
5	Brief details of any governmental or regulatory approvals required for the acquisition;	Not Applicable
6	Indicative time period for completion of the acquisition;	Completed on June 16, 2025
7	Nature of consideration – whether cash consideration or share swap and details of the same;	Cash
8	Cost of acquisition and/or the price at which the shares are acquired;	AED 300,000 as initial paid-up capital (300 shares of AED 1000 each)
9	Percentage of shareholding / control acquired and/ or number of shares acquired;	100% initial subscription to the share capital
10	Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information(in brief);	Incorporated on April 17, 2025, in Dubai, UAE. The company will engage in trading of watches, clocks, and their spare parts. As it is a newly incorporated entity, historical turnover is not applicable.

SHUBHAM Digitally signed by SHUBHAM KANDHWA KANDHWAY Date: 2025.06.16 Y 17:35:05 +05'30'

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