Pankaj Polymers Ltd. — Major Shareholding Notification 2026

May 14, 2026

HIMANSHU ARORA

Address: 186, Mohan Nagar, Thatipur, R.K. Puri, Gwalior, Madhya Pradesh-474011

Date: May 13, 2026

To,

Dy. General Manager (Listing)

Department of Corporate Services

BSE Limited, P.J. Towers, Dalal Street,

Fort, Mumbai- 400 001

Email: corp.relations@bseindia.com

Compliance Officer & Company Secretary

Pankaj Polymers Limited

105, E Block, 5 Floor, Surya Towers

S P Road, Secunderabad,

Telangana-500003

Email: info@pankajpolymers.com

Subject: Disclosure pursuant to Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 “(SEBI (SAST) Regulations, 2011)”

Dear Sir/Madam,

Please find enclosed herewith the disclosure as per Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeover) Regulations, 2011 with respect to change in shareholdings or voting rights in Pankaj Polymers Limited as a result of acquisition of shares via virtue of Shareholding Purchase Agreement dated January 14, 2026 and Letter of offer dated February 09, 2026 under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

This is for your information and record purpose.

Thanking You

H. Arora

(HIMANSHU ARORA)

Acquirer

Date: May 13, 2026

Place: Noida

---

HIMANSHU ARORA

Address: 186, Mohan Nagar, Thatipur, R.K. Puri, Gwalior, Madhya Pradesh-474011

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

Name of the Target Company (TC)	Pankaj Polymers Limited
Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer	Himanshu Arora
	PAC's-
	1. Vikas Garg
	2. Sandeep Jain
	3. Rahul Nagar
Whether the acquirer belongs to Promoter / Promoter group	Incoming Promoter pursuant to open offer. Please refer to the note below.
Name(s) of the Stock Exchange(s) where the shares of TC are Listed	BSE Limited
Details of the acquisition 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 under consideration, holding of acquirer along with PACs of:
a) Shares carrying voting rights
1. Rahul Nagar	Nil	Nil	Nil
2. Vikas Garg	Nil	Nil	Nil
3. Sandeep Jain	6,57,648	11.86%	11.86%
4. Himanshu Arora	Nil	Nil	Nil
b) Shares in the nature of encumbrance (pledge/ lien/ non- disposal undertaking/ others)	Nil	Nil	Nil
c) Voting rights (VR) otherwise than by shares	Nil	Nil	Nil
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)	6,57,648	11.86%	11.86%
Details of acquisition/sale:
a) Shares carrying voting rights acquired
1. Himanshu Arora	1,99,338	3.60%	3.60%
2. Rahul Nagar	6,60,690	11.92%	11.92%
3. Vikas Garg	1,19,270	2.15%	2.15%
4. Sandeep Jain	66,010	1.19%	1.19%
b) VRs acquired otherwise than by equity shares	Nil	Nil	Nil
c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC acquired:	Nil	Nil	Nil
d) Shares in the nature of encumbrance (pledge/ lien/ non- disposal undertaking/ others)	Nil	Nil	Nil

---

HIMANSHU ARORA

Address: 186, Mohan Nagar, Thatipur, R.K. Puri, Gwalior, Madhya Pradesh-474011

e) Total (a+b+c+/-d)	10,45,380	18.86%	18.86%
After the acquisition, holding of acquirer along with PACs of:
a) Shares carrying voting rights
1. Himanshu Arora	1,99,338	3.60%	3.60%
2. Rahul Nagar	6,60,690	11.92%	11.92%
3. Sandeep Jain	7,23,658	13.05%	13.05%
4. Vikas Garg	1,19,270	2.15%	2.15%
b) VRs otherwise than by equity shares	Nil	Nil	Nil
c) Warrants/ convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC after acquisition:	Nil	Nil	Nil
d) Shares in the nature of encumbrance (pledge/ lien/ non- disposal undertaking/ others)	Nil	Nil	Nil
e) Total (a+b+c+d)	17,02,956	30.72%	30.72%
Mode of acquisition (e.g. Off Market, open market / public issue / rights issue / preferential- allotment / inter-se-transfer / encumbrance, etc.)	Share Purchase Agreement through off Market Mode pursuant to open offer
Date of acquisition / date of receipt of intimation of allotment of shares / VR/warrants/convertible securities/any other instrument that entitles the acquirer to receive shares in the TC.	May 12, 2026
Equity share capital / total voting capital of the TC before the said acquisition	Rs. 5,54,39,000 (55,43,900 Equity Shares of Rs. 10/- each)
Equity share capital/ total voting capital of the TC after the said acquisition	Rs. 5,54,39,000 (55,43,900 Equity Shares of Rs. 10/- each)
Total diluted share/voting capital of the TC after the said acquisition	Rs. 5,54,39,000 (55,43,900 Equity Shares of Rs. 10/- each)

Note: I along with my PACs have entered into a Share Purchase Agreement ("SPA") with the existing Promoters of Pankaj Polymers Limited (Target Company) dated January 14, 2026 for acquisition of 32,23,627 Equity Shares, representing 58.15% of the equity Share Capital and to take control of the Company. After the above-mentioned acquisition of shares, the balance of 15,20,671 shares representing 27.43% equity share capital of the Company is to be executed in due course of time. After the acquisition of 32,23,627 representing 58.15% equity shares, I along with my PACs will become the new promoters of the Company.

(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Regulation 31 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI (LODR) Regulations").

(**) 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.