ORCHASP LIMITED — Major Shareholding Notification 2026

May 11, 2026

ZINNIA

Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisitions of Shares and Takeovers) Regulations, 2011

Name of the Target Company (TC)	ORCHASP LIMITED
Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer	Zeal Global Opportunities Fund - FCCB
Whether the acquirer belongs to Promoter/Promoter group	No
Name(s) of the Stock Exchange(s) where the shares of TC are Listed	BSE Limited (BSE) and National Stock Exchange of India Ltd (NSE)
Details of the acquisition / disposal as follows	Number	% w.r.t. total share/voting capital wherever applicable(*)	% w.r.t. total diluted share/voting capital of the TC (**)
Before the acquisition/sale under consideration, holding of:
a) Shares carrying voting rights
b) Shares in the nature of encumbrance (pledge/ lien/ non-disposal undertaking/ others)
c) Voting rights (VR) otherwise than by equity shares
d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category)
e) Total (a+b+c+d)	3,68,61,872	10.64
Details of acquisition/sale:
a) Shares carrying voting rights acquired/sold
b) VRs acquired/sold otherwise than by equity shares
c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired/sold
d) Shares encumbered/ invoked/ released by the acquirer
e) Total (a+b+c+/-d)	74,92,416	2.16

ZEAL GLOBAL OPPORTUNITIES FUND

Registered Address: c/o Tri-Pro Fund Administrators Ltd, Level 5, Maeva Tower, Bank Street, Cybercity Ebene, Republic of Mauritius
Business Address: 6th floor, Orbis court, 132, St Jean Road, Quatre Bornes, Mauritius
Mobile: (230) 5502 6006 Landline: (230) 467 8858 Email: backoffice@zinniafunds.com

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ZINNIA

| After the acquisition/sale, holding of:

a) Shares carrying voting rights
b) Shares encumbered with the acquirer
c) VRs otherwise than by shares
d) Warrants/ convertible securities/ any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition
e) Total (a+b+c+d) | 2,93,69,456 | 8.48 |
| --- | --- | --- |
| Mode of acquisition / sale (e.g. open market / off market / public issue / rights issue / preferential allotment / inter-se transfer/encumbrance, | Open Market | |
| Date of acquisition / sale of shares / VR or date of receipt of intimation of allotment of whichever is applicable | 20/02/2025, 21/02/2025, 17/03/2025, 18/03/2025, 19/03/2025, 20/03/2025
21/03/2025, 07/05/2026 and 08/05/2026 | |
| Equity share capital / total voting capital of the TC before the said acquisition / sale | 34,64,25,366 | |
| Equity share capital/ total voting capital of the TC after the said acquisition / sale | 34,64,25,366 | |
| Total diluted share/voting capital of the TC after the said acquisition / sale | NA | |

(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement.

(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.

For and on behalf of Zeal Global Opportunities Fund

Authorised Signatory

Place: Mauritius
Date: 11-05-2026

ZEAL GLOBAL OPPORTUNITIES FUND

Registered Address: c/o Tri-Pro Fund Administrators Ltd,
Level 5, Maeva Tower, Bank Street, Cybercity Ebene, Republic of Mauritius
Business Address: 6th floor, Orbis court, 132, St Jean Road, Quatre Bornes, Mauritius
Mobile: (230) 5502 6006 Landline: (230) 467 8858 Email: backoffice@zinniafunds.com