Sanathan Textiles Limited — Capital/Financing Update 2026

Mar 24, 2026

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Date: March 24, 2026

To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Bandra (East), Mumbai-400051. Mumbai-400001

Trading Symbol: SANATHAN Scrip Code: 544314

Ref. No: - 2025-2026/Mar26/102

Dear Sirs/Madam,

Sub: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) - Acquisition

We request you to take on record that pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), Sanathan Polycot Private Limited (“SPPL”), a wholly owned subsidiary of the Company, has entered into a Share Subscription and Shareholders’ Agreement (“SSSHA”) and a Power Supply and Consumption Agreement (“PSCA”) to acquire 26% stake in Serentica Renewables India 33 Private Limited, a subsidiary of Serentica Renewables India Private Limited, in tranches, for sourcing renewable power as a captive consumer for a contracted capacity of 32 MW.

The above acquisition is subject to conditions precedent and regulatory approvals which is expected to be completed in line with the agreed tranche timelines.

The required details under SEBI Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are enclosed as Annexure-A.

Thanking You, Yours faithfully, For Sanathan Textiles Limited

Digitally signed by Jude Dsouza DN: cn=Jude Dsouza gn=Jude Dsouza Jude Dsouza c=IN India l=IN India ou=Sanathan Textiles e=jude_dsouza@sanathan.com Reason: I am the author of this document Location: Date: 2026-03-24 20:21+05:30

Jude Patrick Dsouza Company Secretary and Compliance Officer

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	Annexure-A	Annexure-A
Sr.	Particular	Details
No.
a)	Name of the target entity, details in brief such as size, turnover etc.;	Serentica Renewables India 33 Private Limited
b)	Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”;	The proposed acquisition is not a related party transaction(s) and the promoter/ promoter group companies have no interest in the proposed acquisition.
c)	Industry to which the entity being acquired belongs;	Renewable Energy – Power Generation (Solar/Wind) and Power Supply under Captive Consumption Framework
d)	Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity);	The primary objective of the acquisition is to secure long-term cost-effective supply of renewable power for the manufacturing operations of the Sanathan Polycot Private Limited. The aforesaid investment will allow SPPL to secure long term power supply in accordance with the Captive User Framework. It also aligns with the Company’s sustainability goals, including reducing the emissions intensity of its operations, along with potential long-term energy cost optimisation.
e)	Brief details of any governmental or regulatory approvals required for the acquisition;	Not Applicable

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f)	Indicative time period for completion of the acquisition;	The acquisition is subject to customary conditions precedents and is expected to be completed in accordance with the Share Subscription and Shareholders’ Agreement.
g)	Nature of consideration - whether cash consideration or share swap and details of the same;	The consideration for the acquisition is Rs. 48 Crores, payable by Sanathan Polycot Private Limited towards acquisition of Equity Shares of the Target Entity, in one or more tranches, in accordance with the terms of the Share Subscription and Shareholders’ Agreement. The transaction does not involve any share swap or issuance of shares by the Company.
h)	Cost of acquisition or the price at which the shares are acquired;
i)	Percentage of shareholding / control acquired and/ or number of shares acquired;	Sanathan Polycot Private Limited will hold a non- controlling interest of at least 26% (post- acquisition) in Serentica Renewables India 33 Private Limited.
j)	Brief background about the entity acquired in terms of products/ line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief);	Serentica Renewables India 33 Private Limited was incorporated on June 29, 2025, under the Companies Act, 2013, and is engaged in development and operation of renewable energy (solar and wind) projects, hence there is no history of last 3 years pertaining to financial disclosures that can be provided. It is a subsidiary of Serentica Renewables India Private Limited and is setting up ISTS-connected captive power projects in India.

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