ICDS Ltd. — Capital/Financing Update 2026

Apr 29, 2026

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April 29, 2026

To, To, The General Manager, National Stock Exchange of India Limited (“ NSE ”), Department of Corporate Services, Exchange Plaza, C-1, Block G, BSE Limited, Bandra Kurla Complex, P.J. Tower, Dalal Street, Bandra (East), Mumbai, Fort, Mumbai – 400 001 Maharashtra 400051 BSE Script Code : 511194 NSE Symbol : ICDSLTD

Sub.: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/Madam,

Pursuant to provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 it is informed that Board of Directors of the Company at their meeting held on 29[th] April 2026 approved the Inter-corporate Loan upto Rs.5 Crore to Manipal Energy and Infratech Limited.

Pursuant to the provisions of Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, the details required for said transaction is enclosed herewith as Annexure- A .

Kindly take the aforesaid intimation on your records and kindly acknowledge the receipt of the same.

Thanking you.

Yours faithfully,

For, ICDS Limited.

VEENA Digitally signed by VEENA HEGDE Date: 2026.04.29 HEGDE 15:29:18 +05'30' ___ Veena Hegde Company Secretary & Compliance Officer

Encl:a/a

Regd.and Admn.Offices:

GSTIN 29AAACI4355H1ZI

Syndicate House, P.B.No.46, Upendra Nagar, Manipal 576 104. KA INDIA Phones: 7411941500 – 41505 Website www.icdslimited.com, CIN L65993KA971PLC002106

Annexure A

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Details Under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015

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Details of Events Particulars
Name(s) of parties to the Agreement Borrower - Manipal Energy and Infratech Limited
Lender – ICDS Limited
Date on which the agreement has been 29 [th] April, 2026
entered into.
Purpose of entering into the agreement Inter-Corporate Loan
Size of Loan Upto Rs. 5 Crore
Shareholding, if any, in the entity with Not Applicable
whom the agreement is executed
Significant terms of the agreement (in Interest @12% p.a.
brief) special rights like right to appoint The loan is repayable within 12 months from the date
directors, first right to share of disbursement.
subscription in case of issuance of
shares, right to restrict any change in
capital structure etc.
Whether, the said parties are related to No
promoter/promoter group/ group
companies in any manner. If yes,
nature of relationship
In case of issuance of shares to the Not Applicable
parties, details of issue price, class of
shares issued
Whether the transaction would fall No, the proposed transaction would not fall with in
within related party transactions? If related party transaction.
yes, whether the same is done at
"arm’s length".
Any other disclosures related to such NIL
agreements, viz., details of nominee
on the board of directors of the listed
entity, potential conflict of interest
arising out of such agreements, etc.
In case of loan agreements, details of Borrower - Manipal Energy and Infratech Limited
lender/borrower, nature of the loan, Lender – ICDS Limited
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Regd.and Admn.Offices:

Syndicate House, P.B.No.46, Upendra Nagar, Manipal 576 104. KA INDIA Phones: 7411941500 – 41505 Website www.icdslimited.com, CIN L65993KA971PLC002106 GSTIN 29AAACI4355H1ZI

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total amount of loan granted/taken, total amount outstanding, date of execution of the loan agreement/sanction letter, details of the security provided to the lenders / by the borrowers for such loan or in case outstanding loans lent to a party or borrowed from a party become material on a cumulative basis

Nature of Loan – Unsecured Loan Amount of Loan – Upto Rs.5.00 Crore Date of execution of Loan Agreement – 29thApril 2026 Security provided, if any – Nil Amount of loan outstanding as on date of disclosure - Nil

in case of rescission, amendment or alteration, listed entity shall disclose additional details to the stock exchange(s): i. name of parties to the agreement; ii. nature of the agreement; iii. date of execution of the agreement; iv. details and reasons for amendment or alteration and impact thereof (including impact on management or control and on the restriction or liability quantified earlier); v. reasons for rescission and impact thereof (including impact on management or control and on the restriction or liability quantified earlier

As on date of disclosure there is no termination /amendment of the loan agreement.

For ICDS Limited.

VEENA Digitally signed by VEENA HEGDE HEGDE Date: 2026.04.29 15:30:19 +05'30' ___ Veena Hegde Company Secretary & Compliance Officer

Regd.and Admn.Offices: Syndicate House, P.B.No.46, Upendra Nagar, Manipal 576 104. KA INDIA Phones: 7411941500 – 41505 Website www.icdslimited.com, CIN L65993KA971PLC002106 GSTIN 29AAACI4355H1ZI