Sandhar Technologies Limited — Capital/Financing Update 2024

Jan 31, 2024

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Ref: STL /SE/ 2023-2024/Regulation 30/69 Dated: 31st January, 2024

To, To, Department of Corporate Services Listing Department, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza C-1, G-Block, Bandra-Kurla Mumbai- 400001 Complex, Bandra (East) Mumbai – 400051

BSE Code: 541163; NSE: SANDHAR

Dear Sir/ Madam,

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

In continuation to our intimation dated 23rd January, 2024 (STL /SE/ 2023-2024/Regulation 30/65), 24th January, 2024 (STL /SE/ 2023-2024/Regulation 30/66) & 25th January, 2024 (STL /SE/ 2023-2024/Regulation 30/67) submitted with the Stock Exchange, with respect to Strategic Acquisition in M/s Sandhar Tooling Private Limited (“Investee Company”).

As stated in the 23rd January,2024 intimation, the Company proposes to acquire 20.08% of total issued and paid up share Capital of Investee Company. Out of this 11,95,000 (Eleven Lakh NinetyFive Thousand) equity shares equivalent to 19.92% of total issued and paid up share Capital of Investee Company were acquired from M/s Stitch Overseas Private Limited and informed to Exchange on 24th January, 2024 and 5000 (Five Thousand) equity shares equivalent to 0.08% of total issued and paid up share Capital of Investee Company were acquired from Mr. Parveen Satija and informed to Exchange on 25th January, 2024.

In this regard, this is to inform that the Company has acquired the final tranche of 5,000 (Five Thousand) equity shares equivalent to 0.08% of total issued and paid up share Capital of Investee Company from Mr. Jayant Davar.

Accordingly, the Shareholding of the Company in the Investee Company post said Acquisition is 100% of the total issued and paid up share Capital of the Investee Company. Sandhar Tooling Private Limited has become Wholly-Owned Subsidiary of Sandhar Technologies Limited.

We request you to kindly take the above on record.

Thanking You. Yours Faithfully,

FOR SANDHAR TECHNOLOGIES LIMITED

Yashpal Jain

Digitally signed by Yashpal Jain Date: 2024.01.31 12:24:19 +05'30'

YASHPAL JAIN

(CHIEF FINANCIAL OFFICER)

Sandhar Technologies Limited

Corporate Office: 13, Sector-44, Gurugram-122 002, Haryana, India. Ph: + 91 12-4518900 Registered Office: B-6/20, L.S.C., Safdarjung Enclave, New Delhi-110 029, India, Ph: +91-11-40511800 E-mail: enquiries@sandhar.in, website: www.sandhargroup.com; CIN-L74999DL1987PLC029553