GEE Ltd. — Capital/Financing Update 2025

Nov 24, 2025

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Date: 24.11.2025

To,

The Manager – Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001.

Subject: Submission of Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Execution of Definitive Agreement (‘Development Agreement’) for Real Estate Development of Company Land at Thane

Dear Sir/Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that GEE Limited has signed a Development Agreement on 24 November 2025 for the real estate development of its land situated at Plot No. E-1, Road No. 7, Wagle Industrial Estate, Thane - 400 604, Maharashtra, India.

The agreement has been entered into among GEE Limited (land owner) and Fen-Kin Infinity LLP (Developer).

The development rights granted pertains to our land parcel admeasuring 13,391 sq. mtrs., which is proposed to be developed into a Commercial project. Under this arrangement, the Company is entitled to approximately 2,90,000 sq. ft. of RERA-registered constructed area as its share.

The disclosure containing material information is enclosed as Annexure .

We request you to kindly take the same on record under Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015.

For GEE Limited

UMESH Digitally signed by UMESH AGARWA AGARWAL Date: 2025.11.24 L 17:21:47 +05'30' Umesh Agarwal Joint Managing Director DIN: 01209962

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Annexure

Sr. No.	Particulars	Details
1.	The amount and percentage of the turnover or revenue or income and net worth contributed by such unit or division of the listed entity during the last financial year	The turnover or revenue or income from the lease hold land is as follows: 1. FY 2024-25 - Rs. 46 Crore 2. For H1FY26 (1st April 2025 to 30th September 2025) – Rs. 26 Crore The machinery located at the above land will be shifted to our another plant located in Kalyan - Bhiwandi, without impacting revenues.
2.	Date on which the agreement for sale has been entered into	Development Agreement dated November 24, 2025
3.	The Expected date of completion of sale / disposal	Within 6 years from the date of execution of the Development Agreement, the Company expects to receive from Fen-Kin Infinity LLP commercial units on an area sharing basis of approximately 2,90,000 square feet RERA carpet area along with mutually agreed amenities. The Company expects to sale / dispose of commercial units that it receives in a staggered manner post launch of the project.
4.	Consideration received from such sale/disposal	In lieu of the development rights granted to Fen-Kin Infinity LLP for construction of commercial Property in the lease hold Land in Thane as per the Development Agreement, Company will receive commercial units on an area sharing basis of approximately 2,90,000 square feet RERA carpet area along with mutually agreed amenities in the Property.
5.	Brief details of buyers and whether any of the buyers belong to the promoter/promoter group/group companies. If yes, details thereof	Developer: Fen-Kin Infinity LLP The Developer & Facilitator does not belong to the promoter/promoter group/group companies.
6.	Whether the transaction would fall within related party transactions? If yes, whether the same is done at “arms length”	The transaction will not fall within related party transactions.
7.	In case of a slump sale, indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale.	Not Applicable

UMESH Digitally signed by UMESH AGAR AGARWAL Date: 2025.11.24 WAL 17:22:14 +05'30'