Source Industries (India) Ltd — Major Shareholding Notification 2025

Jul 30, 2025

Date: 29[th] July 2025

To, The Department of Corporate Services BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai- 400 001

Scrip code: 521036

Dear Sir,

Sub: Disclosure under Regulation 29 (2) SEBI (SAST) Regulations, 2011

With reference to the above cited subject, we hereby submit the disclosure as required under Regulation 29 (2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 read with Regulation 29 (3), Please find enclosed the details of Acquisition of equity shares of Source Industries (India) Limited in the prescribed format enclosed as Annexure.

Please take on record of the same.

Thanking you,

Yours Faithfully,

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SUDHIR REDDY POSIREDDY

6-3-349/15/A Plot No-303, at 6-54, Road No. 2, Durga Estates, Madinaguda, Miyapur, Hyderabad, Telangana- 500049 (For Self and on behalf of Acquirers )

Copy to : SOURCE INDUSTRIES (INDIA) LIMITED

ANNEXURE - 1

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

Part-A- Details of the Acquisition

Name of the Target Company (TC)

Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer

Source Industries (India) Limited

1. Sudhir Reddy Posireddy 2. N Mohan Krishna 3. Ram Reddy Swathi

2. Arka Defence Private Limited

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Yes
Whether the acquirer belongs to Promoter/Promoter
(Now onwards they are the promoters as they
group
completed the open offer as per SEBI
Takeover Regulations)
1. BSE Limited
Name(s) of the Stock Exchange(s) where the shares
of TC are Listed
Number % w.r.t. total % w.r.t. total
share/voting diluted
Details of the acquisition as follows
capital share/voting
wherever capital of the
applicable() TC ()
Before the acquisition under consideration, holding
of acquirer along with PACs of:
a) Shares carrying voting rights
1. Sudhir Reddy Posireddy 2347383 20.59 20.59
2. N Mohan Krishna 714400 6.26 6.26
3. Ram Redddy Swathi 2309800 20.26 20.26
4. Arka Defence Private Limited 350000 3.07 3.07
b) Shares in the nature of encumbrance
(pledge/ lien/ non-disposal undertaking/ NIL NIL NA
others)
c) Voting rights (VR) otherwise than by equity
NIL NIL NA
shares
d) Warrants/convertible securities/any other
instrument that entitles the acquirer to receive
NIL NIL NA
shares carrying voting rights in the TC
(specify holding in each category)
e) Total (a+b+c+d) 57,21,583 50.18 50.18
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Details of acquisition

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a) Shares carrying voting rights acquired
1. Sudhir Reddy Posireddy 634400 5.56 5.56
2. N Mohan Krishna 315400 2.77 2.77
3. Ram Reddy Swathi 380310 3.33 3.33
4. Arka Defence Private Limited 156100 1.37 1.37
b) VRs acquired otherwise than by equity shares NIL NIL NA
c) Warrants/convertible securities/any other
instrument that entitles the acquirer to NIL NIL NA
receive shares carrying category acquired
d) Shares in the nature of encumbrance
(pledge/ lien/ non-disposal undertaking/ NIL NIL NA
others)
e) Total (a+b+c+/-d) 14,86,210 13.03 13.03
After the acquisition, holding of acquirer along
with PACs of:
a) Shares carrying voting rights acquired
1. Sudhir Reddy Posireddy 2981783 26.15 26.15
2. N Mohan Krishna 1029800 9.03 9.03
3. Ram Reddy Swathi 2690110 23.59 23.59
4. Arka Defence Private Limited 506100 4.44 4.44
b) VRs otherwise than by equity shares NIL NIL NA
c) Warrants/convertible securities/any other
instrument that entitles the acquirer to receive
shares carrying voting rights in the TC NIL NIL NA
(specify holding in each category) after
acquisition
d) Shares in the nature of encumbrance
(pledge/ lien/ non-disposal undertaking/ NIL NIL NA
others)
e) Total (a+b+c+d) 72,07,793 63.21 63.21
Mode of acquisition (e.g. open market / public issue
Off Market pursuant to Share Purchase
/ rights issue / preferential allotment / inter-se
Agreement (SPA) and Open Offer
transfer/encumbrance, etc.)
Salient features of the securities acquired including
time till redemption, ratio at which it can be NA
converted into equity shares, etc.
Date of acquisition of/ date of receipt of intimation of
allotment of shares / VR/ warrants/convertible 25 [th] July, 2025
securities/any other instrument that entitles the
acquirer to receive shares in the TC.
Equity share capital / total voting capital of the TC Rs. 11,40,31,100/- comprising 1,14,03,110
before the said acquisition equity shares of Rs.10/- each.
Equity share capital/ total voting capital of the TC Rs. 11,40,31,100/- comprising 1,14,03,110
after the said acquisition equity shares of Rs.10/- each.
Total diluted share/voting capital of the TC after
NA
the said acquisition
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