Sillverton Industries Limited - Addendum to DRHP

THIS IS A PUBLIC ANNOUNCEMENT FOR INFORMATION PURPOSES ONLY. THIS IS NOT A PROSPECTUS ANNOUNCEMENT AND DOES NOT CONSTITUTE AN INVITATION OR OFFER TO ACQUIRE, PURCHASE OR SUBSCRIBE TO SECURITIES. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY OUTSIDE INDIA. INITIAL PUBLIC OFFERING OF EQUITY SHARES ON THE MAIN BOARD OF BSE LIMITED (“BSE”) AND NATIONAL STOCK EXCHANGE OF INDIA LIMITED (“NSE”, AND TOGETHER WITH BSE, THE “STOCK EXCHANGES”) IN COMPLIANCE WITH CHAPTER II OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE RE- QUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”) PUBLIC ANNOUNCEMENT (Please scan this QR Code to view the DRHP and the Addendum) SILLVERTON INDUSTRIES LIMITED (Formerly known as Sillverton Industries Private Limited and Silverton Pulp and Papers Private Limited) Our Company was originally incorporated as ‘Silverton Pulp & Papers Limited’, as a public limited company under the Companies Act, 1956, pursuant a certifi cate of incorporation dated May 15, 1995 issued by the (“RoC”). Pursuant to a resolution passed by our Board of Directors at its meeting held on March 6, 2025 and a special resolution passed by our Shareholders at the EGM held on March 28, 2025, the name of our Company was changed to ‘Sillverton Industries Private Limited’, and a fresh certifi cate of incorporation dated April 22, 2025, was issued by the RoC. Subsequently, our Company was converted from a private limited company to a public company, pursuant to a resolution passed by the Board of Directors at its meeting held on April 22, 2025 and a special resolution passed by our Shareholders at the EGM held on April 22, 2025, consequent to which, the name of Company was changed to ‘Sillverton Industries Limited’ and a fresh certifi cate of incorporation dated May 8, 2025 was issued by the Registrar of Companies, Central Processing Centre. For details in relation to changes in the name of our Company and registered offi ce of our Company since incorporation till date, see “History and Certain Corporate Matters” on page 242 of the DRHP (as defi ned hereinafter).

Corporate Identity Number: U21093UP1995PLC018048

Registered and Corporate Offi ce: 9th KM, Bhopa Road, Muzaffarnagar-251001, Uttar Pradesh, India.

Tel: +91- 9762401790; Contact Person: Ravikant, Company Secretary and Compliance Offi cer;

E-mail: cs@sillvertonindustries.com; Website: www.sillvertonindustries.com

NOTICE TO INVESTORS:

ADDENDUM TO THE DRAFT RED HERRING PROSPECTUS DATED JUNE 27, 2025, (THE “ADDENDUM” AND SUCH DRAFT RED HERRING PROSPECTUS, READ TOGETHER WITH THE ADDENDA THERETO, THE “DRAFT RED HERRING PROSPECTUS” OR THE “DRHP”)

OUR PROMOTERS: AKSHAY JAIN, RAJEEV JAIN, RAJESH JAIN, MONICA JAIN AND SANJEEV JAIN The Addendum is in reference to the Draft Red Herring Prospectus fi led by Sillverton Industries Limited (Formerly known as Sillverton Industries Private Limited and Silverton Pulp and Papers Private Limited) (“Company”) with the Securities and Exchange Board of India (“SEBI”) and the Stock Exchanges in relation to the proposed initial public offering of our Company comprising of a fresh issue of up to [●] Equity Shares of face value of ` 5 each aggregating up to ` 3,000.00 million (“Fresh Issue”) and an offer for sale of up to 32,200,000 Equity Shares of face value of ` 5 each aggregating up to ` [●] million (“Offer for Sale” and together with the Fresh Issue, the “Offer”).

In this regard, the potential Bidders may please note the following: a. Subsequent to the fi ling of the DRHP, our Company has received letters, each dated November 05, 2026, from Akshay Jain and Rajesh Jain, two of our Promoters, and Vibha Jain, Anubha Jain, Nikita Jain, Sanskriti Jain, Divya Jain, Rishabh Jain, Sanat Ramesh Jain, Rishibha Jain Gupta and Rajesh Kumar Jain HUF, members of our Promoter Group, expressing their intention and consent to participate in the Offer for Sale by offering an aggregate of up to 11,015,938 Equity Shares. Further, the existing Selling Shareholders, namely, Rajeev Jain, Monica Jain, Akshay Jain HUF, Arun Jain (HUF), Neena Jain, Rajeev Jain (HUF), Samyak Jain, Ramesh Chand Jain (HUF) and Sanjeev Jain HUF, have, pursuant to their respective letters, each dated November 05, 2026, confi rmed revisions to their respective portions of the Offered Shares. The details of their respective portions of Offered Shares are set out below:

Number of Equity Shares of face value of `5 each offered for sale Number of Equity Shares of face value of `5 each proposed Name of the Selling Shareholder as disclosed in the DRHP (up to) to be offered for sale (up to) Akshay Jain - 2,644,904 Rajesh Jain - 1,455,200 Vibha Jain - 1,280,062 Anubha Jain - 1,360,034 Nikita Jain - 1,454,616 Sanskriti Jain - 997,266 Divya Jain - 574,000 Rishabh Jain - 432,000 Sanat Ramesh Jain - 425,856 Rishibha Jain Gupta - 184,000 Rajesh Kumar Jain HUF - 208,000 Rajeev Jain 1,500,000 3,117,820 Monica Jain 6,037,500 3,161,118 Akshay Jain HUF 4,025,000 320,000 Arun Jain (HUF) 4,025,000 270,000 Neena Jain 1,500,000 1,040,230 Rajeev Jain (HUF) 4,192,000 262,000 Samyak Jain 858,000 1,454,950 Ramesh Chand Jain (HUF) 8,050,000 2,595,944 Sanjeev Jain HUF 2,012,500 262,000 Total 32,200,000 23,500,000 Accordingly, the size of the Offer for Sale stands revised from up to 32,200,000 Equity Shares, as disclosed in the Draft Red Herring Prospectus, to up to 23,500,000 Equity Shares. Our Board has taken on record the consent letters issued by the Selling Shareholders pursuant to its resolution dated November 06, 2026.

In view thereof, the details of the Selling Shareholders, the maximum number of Equity Shares offered by each of them, their respective authorisations for the Offer for Sale and weighted average cost of acquisition per Equity Share shall be updated, wherever appearing in the DRHP and as applicable, to refl ect the revised information set out below:

Name of the Selling Weighted Average Cost of Acquisition Per Type Number of Equity Shares Offered Date of consent letter Shareholder Equity Share (In `) (1) Rajeev Jain Promoter Selling Shareholder Up to 3,117,820 Equity Shares of face value of ` 5 each aggregating up to ` [●] million November 05, 2026 0.28 Monica Jain Promoter Selling Shareholder Up to 3,161,118 Equity Shares of face value of ` 5 each aggregating up to ` [●] million November 05, 2026 0.76 Akshay Jain Promoter Selling Shareholder Up to 2,644,904 Equity Shares of face value of ` 5 each aggregating up to ` [●] million November 05, 2026 0.52 Rajesh Jain Promoter Selling Shareholder Up to 1,455,200 Equity Shares of face value of ` 5 each aggregating up to ` [●] million November 05, 2026 0.42 Akshay Jain HUF Promoter Group Selling Shareholder Up to 320,000 Equity Shares of face value of ` 5 each aggregating up to ` [●] million November 05, 2026 1.27 Arun Jain (HUF) Promoter Group Selling Shareholder Up to 270,000 Equity Shares of face value of ` 5 each aggregating up to ` [●] million November 05, 2026 1.30 Neena Jain Promoter Group Selling Shareholder Up to 1,040,230 Equity Shares of face value of ` 5 each aggregating up to ` [●] million November 05, 2026 0.38 Rajeev Jain (HUF) Promoter Group Selling Shareholder Up to 262,000 Equity Shares of face value of ` 5 each aggregating up to ` [●] million November 05, 2026 1.31 Samyak Jain Promoter Group Selling Shareholder Up to 1,454,950 Equity Shares of face value of ` 5 each aggregating up to ` [●] million November 05, 2026 1.42 Ramesh Chand Jain (HUF) Promoter Group Selling Shareholder Up to 2,595,944 Equity Shares of face value of ` 5 each aggregating up to ` [●] million November 05, 2026 0.58 Sanjeev Jain HUF Promoter Group Selling Shareholder Up to 262,000 Equity Shares of face value of ` 5 each aggregating up to ` [●] million November 05, 2026 1.31 Vibha Jain Promoter Group Selling Shareholder Up to 1,280,062 Equity Shares of face value of ` 5 each aggregating up to ` [●] million November 05, 2026 2.69 Anubha Jain Promoter Group Selling Shareholder Up to 1,360,034 Equity Shares of face value of ` 5 each aggregating up to ` [●] million November 05, 2026 6.17 Nikita Jain Promoter Group Selling Shareholder Up to 1,454,616 Equity Shares of face value of ` 5 each aggregating up to ` [●] million November 05, 2026 2.38 Sanskriti Jain Promoter Group Selling Shareholder Up to 997,266 Equity Shares of face value of ` 5 each aggregating up to ` [●] million November 05, 2026 0.17 Divya Jain Promoter Group Selling Shareholder Up to 574,000 Equity Shares of face value of ` 5 each aggregating up to ` [●] million November 05, 2026 2.24 Rishabh Jain Promoter Group Selling Shareholder Up to 432,000 Equity Shares of face value of ` 5 each aggregating up to ` [●] million November 05, 2026 0.51 Sanat Ramesh Jain Promoter Group Selling Shareholder Up to 425,856 Equity Shares of face value of ` 5 each aggregating up to ` [●] million November 05, 2026 0.50 Rishibha Jain Gupta Promoter Group Selling Shareholder Up to 184,000 Equity Shares of face value of ` 5 each aggregating up to ` [●] million November 05, 2026 0.07 Rajesh Kumar Jain HUF Promoter Group Selling Shareholder Up to 208,000 Equity Shares of face value of ` 5 each aggregating up to ` [●] million November 05, 2026 1.20

(1) As certifi ed by Agarwal Ajay & Associates, Chartered Accountants (FRN: 005159C), our Statutory Auditors, by way of their certifi cate dated November 06, 2026 bearing UDIN 26073934FUNQYI9116.

Accordingly, the disclosures in the Cover Pages and the sections titled “Defi nitions and Abbreviations”, “Risk Factors”, “The Offer”, “Capital Structure”, “Objects of the Offer”, “Basis for Offer Price”, “Our Promoters and Promoter Group”, “Other Regulatory and Statutory Disclosures”, and “Offer Structure” and “Material Contracts and Documents for Inspection” of the DRHP will be suitably updated in the Red Herring Prospectus, the Abridged Prospectus and the Prospectus, as applicable, to refl ect inter alia, (i) the changes in the Selling Shareholders and the size of the Offer for Sale; (ii) the updated shareholding of, and acquisition details for, our Promoters and the Selling Shareholders; and (iii) the revised average cost of acquisition and weighted average cost of acquisition of Equity Shares.

b. Subsequent to the fi ling of the DRHP, our Company acquired 6,855,000 equity shares of face value `10 each of Garg Duplex and Paper Mills Private Limited (“Garg Duplex”), constituting 100.00% of its issued, subscribed and paid-up equity share capital (the “Acquisition”). Pursuant to the Acquisition, Garg Duplex has become a wholly-owned Subsidiary of our Company with effect from October 24, 2026.

Details of the Acquisition and Garg Duplex shall be included in the section titled “History and Certain Corporate Matters” and a new section titled “Our Subsidiary” will be included in the Red Herring Prospectus and the Prospectus. Consequential updates shall also be made, as applicable, to the disclosures in the sections titled “Defi nitions and Abbreviations”, “Risk Factors”, “Our Business”, “Our Group Companies”, “Restated Financial Information”, “Financial Indebtedness”, “Management’s Discussions and Analysis of Financial Condition and Results of Operation”, “Outstanding Litigations and Material Developments”, “Government and Other Statutory Approvals in India” and “Other Regulatory and Statutory Disclosures” of the DRHP. Such updated disclosures shall be incorporated in the Red Herring Prospectus, Abridged Prospectus and Prospectus, wherever applicable.

The changes conveyed by way of the Addendum are to be read in conjunction with the DRHP and accordingly their references in the DRHP shall stand updated to the extent stated in the Addendum. The information in the Addendum supplements the DRHP and updates the information in the DRHP, as applicable. However, the Addendum does not refl ect all the changes that have occurred between the date of fi ling of the DRHP and the date hereof, including to the extent stated in the Addendum, along with other factual updates, as may be applicable, and accordingly does not include all the changes and/ or updates that will be included in the RHP, the Abridged Prospectus and the Prospectus, as and when fi led with the RoC, SEBI and the Stock Exchanges, as applicable. Investors should not rely on the DRHP or the Addendum for any investment decision, and should read the Red Herring Prospectus, as and when it is fi led with the RoC, SEBI and the Stock Exchanges before making an investment decision with respect to the Offer. The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualifi ed in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws in the United States, and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws in the United States. Accordingly, the Equity Shares are being offered and sold outside the United States in offshore transactions in reliance on Regulation S under the U.S. Securities Act and the applicable laws of the jurisdiction where those offers and sales are made.

The Addendum, shall be made available to the public for comments, if any, for a period of at least 21 days, from the date of such fi ling with SEBI and will be available on the website of SEBI at www.sebi.gov.in, the websites of Stock Exchanges at www.nseindia.com and www.bseindia.com, the website of the Company at www.sillvertonindustries.com and the website of BRLM, i.e., Pantomath Capital Advisors Private Limited at www.pantomathcapital.com.

BOOK RUNNING LEAD MANAGER REGISTRAR TO THE OFFER Pantomath Capital Advisors Private Limited Bigshare Services Private Limited Pantomath Nucleus House, Saki Vihar Road, Andheri East, Mumbai – 400072, Maharashtra, India S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, next to Ahura Centre, Andheri East, Mumbai - 400 093, Maharashtra, India

Tel: 180 088 98711, E-mail: sillverton.ipo@pantomathgroup.com Tel: +91 22 6263 8200, E-mail: ipo@bigshareonline.com Investor Grievance E-mail: investors@pantomathgroup.com, Website: www.pantomathcapital.com Investor grievance e-mail: investor@bigshareonline.com, Contact person: Babu Rapheal

Contact person: Ashish Baid / Ritu Agarwal, SEBI Registration No.: INM000012110 Website: https://www.bigshareonline.com, SEBI registration number: INR000001385 All capitalised terms used in this Addendum shall, unless specifi cally defi ned herein or unless the context otherwise requires, have the meaning ascribed to them in the DRHP.

For Sillverton Industries Limited (Formerly known as Sillverton Industries Private Limited and Silverton Pulp and Papers Private Limited) (On behalf of the Board of Directors) Sd/-

Place: Muzaffarnagar, Uttar Pradesh Ravikant,

Date: November 6, 2026 Company Secretary and Compliance Offi cer SILLVERTON INDUSTRIES LIMITED(Formerly known as Sillverton Industries Private Limited and Silverton Pulp and Papers Private Limited) is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its Equity Shares and has fi led the DRHP with SEBI and the Stock Exchanges. The DRHP along with the addenda thereto and the Addendum are available on the website of SEBI at www.sebi.gov.in, websites of the Stock Exchanges i.e., BSE at www.bseindia.com and NSE at www.nseindia.com and is available on the website of the Company at www.sillvertonindustries.com and the website of BRLM, i.e., Pantomath Capital Advisors Private Limited at www.pantomathcapital.com. Potential investors should note that investment in equity shares involves a high degree of risk and for details relating to such risks, please see the section entitled “Risk Factors” on page 38 of the DRHP and the details set out in the RHP, when fi led. Potential investors should not rely on the DRHP or the Addendum for making any investment decision. This announcement does not constitute an offer of the Equity Shares for sale in any jurisdiction, including the United States, and the Equity Shares may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws in the United States. Accordingly, the Equity Shares are being offered and sold outside the United States in offshore transactions in reliance on Regulation S under the U.S. Securities Act and the applicable laws of the jurisdiction where those offers and sales are made.

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