Sanathnagar Enterprises Limited — M&A Activity 2025

Aug 11, 2025

SANATHNAGAR ENTERPRISES LIMITED

August 11, 2025

To, The Listing Department, BSE Limited Corporate Relationship Department Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001

Scrip Code: 509423

Dear Sir(s),

• Sub: Update on Scheme of Merger by Absorption of the Company, Roselabs Finance Limited and National Standard (India) Limited with Lodha Developers Limited

Ref: Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (‘Listing Regulations’)

We refer to our previous intimation dated July 30, 2024 with respect to the Scheme where the Board of Directors (‘the Board’) of the Company, based on the recommendation of the Audit Committee and the Committee of the Independent Directors had considered and approved the Scheme of Merger by Absorption of the Company, Roselabs Finance Limited (‘RFL’) and National Standard (India) Limited (‘NSIL’) (‘Transferor Companies’) with Lodha Developers Limited (‘Transferee Company’) (‘the Scheme’).

Basis discussions and deliberations with various stakeholders and Transferee Company with respect to the Scheme, the Board of Directors, in its meeting held today i.e., August 11, 2025, decided to withdraw the Company from the Scheme.

The meeting of Board of Directors of the Company commenced at 07:11 P.M. and concluded at 07:20 P.M.

The same has also been made available on the Company’s website at www.sanathnagar.in.

Kindly take the above information on your record.

Yours faithfully, For Sanathnagar Enterprises Limited

ABHIJEET Digitally signed by ABHIJEET VIJAY VIJAY SHINDE Date: 2025.08.11 SHINDE 19:33:01 +05'30' Abhijeet Shinde Company Secretary Membership No.: A33077

Regd. Off.: 412, Floor-4, 17G Vardhaman Chamber, Cawasji Patel Road, Horniman Circle, Fort, Mumbai-400001 Website: www.sanathnagar.in, Email id: investors.sel@lodhagroup.com Tel.: +91.22.67737373 Fax: +91.22.23024420 CIN No. L99999MH1947PLC252768