GEE Ltd. — Capital/Financing Update 2025

Nov 24, 2025

==> picture [69 x 59] intentionally omitted <==

GEE Limited

Enters into Development Agreement to unlock value of Thane Land ~ 2.9 Lac sq. ft. with upwards of Rs 400 cr revenue potential

24[th] November 2025

GEE Limited , one of India’s leading manufacturers in the welding consumables industry, today announced that it has entered into a Development Agreement for the transfer of development rights of its leasehold land situated at Wagle Industrial Estate, Thane, Maharashtra, India .

Project Overview

The development pertains to a land parcel measuring 13,391 sq. mtrs. , earmarked for a modern Commercial development . Under the arrangement, GEE Limited expects to receive approximately 2,90,000 sq. ft. of RERA-registered constructed area as its share with revenue potential of upwards of Rs 400 crore during the lifecycle of the project.

The agreement has been executed among the following parties:

• GEE Ltd – Land Owner

• Fen-kin Infinity LLP – Developer

The agreement was formally signed today on 24th November 2025 .

Commenting on the update, Mr. Umesh Agarwal, Managing Director, GEE Limited, stated:

“This development unlocks value from our land asset in Thane. The planned commercial development is expected to generate revenue exceeding Rs. 400 crores over its lifecycle, meaningfully enhancing long-term value creation for our stakeholders. The manufacturing facility at the existing location will be shifted to Bhiwandi-Kalyan, where the company’s other manufacturing setup is also present.”

About GEE Limited:

GEE Limited is one of India’s leading companies in the welding consumables industry. Known for its innovative products, strong technical expertise, and extensive portfolio, GEE has built a reputation as a trusted and leading brand in the welding sector. The company has manufacturing facilities located at Maharashtra and West Bengal.

For further information, please contact

GEE Limited KAPTIFY[®] Consulting E: contactus@geelimited.com Investor Relations | Strategy | Consulting www.geelimited.com E: contact@kaptify.in | M: +91-845 288 6099

Disclaimer

This document may contain certain forward-looking statements within the meaning of applicable securities law and regulations. These statements include descriptions regarding the intent, belief or current expectations of the Company or its directors and officers with respect to the results of operations and financial condition of the Company. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those in such forward-looking statements as a result of various factors and assumptions which the Company believes to be reasonable in light of its operating experience in recent years. Many factors could cause the actual results, performances, or achievements of the Company to be materially different from any future results, performances, or achievements. Significant factors that could make a difference to the Company’s operations include domestic and international economic conditions, changes in government regulations, tax regime and other statutes. The Company does not undertake to revise any forward- looking statement that may be made from time to time by or on behalf of the Company