Securities and Exchange Board of India Gazette Notification — 2026-03-24

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 (Please scan this QR code to view this Addendum) STERLITE ELECTRIC LIMITED (FORMERLY KNOWN AS STERLITE POWER TRANSMISSION LIMITED) Our Company was incorporated as a public limited company under the Companies Act, 2013, pursuant to a certificate of incorporation dated May 5, 2015, issued by the Registrar of Companies, Gujarat, Dadra & Nagar Haveli at Ahmedabad. Our Company shifted its registered office from the state of Gujarat to the state of Maharashtra and consequently, a certificate of registration dated October 3, 2015, was issued by the Registrar of Companies, Maharashtra at Pune (“RoC”). Subsequently the name of our Company was changed from ‘Sterlite Power Transmission Limited’ to ‘Sterlite Electric Limited’ and a fresh certificate of incorporation dated April 15, 2025, was issued by the Registrar of Companies, Central Processing Centre For further details, see “History and Certain Corporate Matters – Brief History of our Company” on page 250 of the draft red herring prospectus dated September 29, 2025 (“Draft Red Herring Prospectus”). Registered Office: 4th Floor, Godrej Millennium 9 Koregaon Road, Pune 411 001, Maharashtra, India; Corporate Office: RMZ Infinity, 5th Floor, Plot No. 15, Udyog Vihar, Phase IV, Gurugram 122 015, Haryana, India Tel: +91 0124 4562000; Website: www.sterliteelectric.com; Contact person: Ashok Ganesan, Company Secretary and Compliance Officer; E-mail: investor.relations@sterliteelectric.in; Corporate Identity Number: U74120PN2015PLC156643 NOTICE TO INVESTORS: ADDENDUM TO THE DRAFT RED HERRING PROSPECTUS (“ADDENDUM”) OUR PROMOTERS: ANIL AGARWAL, PRAVIN AGARWAL, PRATIK PRAVIN AGARWAL AND TWIN STAR OVERSEAS LIMITED INITIAL PUBLIC OFFERING OF UP TO 15,589,174 EQUITY SHARES OF FACE VALUE OF ₹2 EACH (“EQUITY SHARES”) OF STERLITE ELECTRIC LIMITED (FORMERLY KNOWN AS STERLITE POWER TRANSMISSION LIMITED) (THE “COMPANY”) FOR CASH AT A PRICE OF ₹[●] PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF ₹[●] PER EQUITY SHARE) (“OFFER PRICE”) AGGREGATING UP TO ₹[●] MILLION COMPRISING A FRESH ISSUE OF UP TO 7,793,371 EQUITY SHARES OF FACE VALUE OF ₹2 EACH AGGREGATING UP TO ₹ [●] MILLION (THE “FRESH ISSUE”) AND AN OFFER FOR SALE OF UP TO 7,795,803 EQUITY SHARES OF FACE VALUE OF ₹2 EACH AGGREGATING UP TO ₹[●] MILLION BY THE PROMOTER SELLING SHAREHOLDER AND UP TO 2,432 EQUITY SHARES OF FACE VALUE OF ₹2 EACH AGGREGATING UP TO ₹[●] MILLION BY THE OTHER SELLING SHAREHOLDERS (“COLLECTIVELY, SELLING SHAREHOLDERS AND SUCH EQUITY SHARES, THE “OFFERED SHARES”). THE OFFER INCLUDES A RESERVATION OF UP TO [●] EQUITY SHARES OF FACE VALUE OF ₹ 2 EACH (CONSTITUTING UP TO [●] % OF THE POST-OFFER PAID-UP EQUITY SHARE CAPITAL) AGGREGATING UP TO ₹[●] MILLION, FOR SUBSCRIPTION BY ELIGIBLE EMPLOYEES (AS DEFINED HEREINAFTER) (THE “EMPLOYEE RESERVATION PORTION”). THE OFFER LESS THE EMPLOYEE RESERVATION PORTION IS HEREINAFTER REFERRED TO AS THE “NET OFFER”. THE OFFER AND THE NET OFFER SHALL CONSTITUTE [●]% AND [●]% OF THE POST-OFFER PAID-UP EQUITY SHARE CAPITAL OF OUR COMPANY, RESPECTIVELY. Potential Bidders may note at the time of filing of the Draft Red Herring Prospectus, our Company had identified: (i) Anil Agarwal and Twin Star Overseas Limited as the promoters of our Company; (ii) Pravin Agarwal as one of the member of Promoter Group of Anil Agarwal and as the Chairman and Non-Executive Director and Pratik Pravin Agarwal as the Managing Director of our Company. Our Company has, in consultation with the relevant stakeholders and pursuant to a circular resolution passed by our Board on March 19, 2026, decided to also identify Pravin Agarwal and Pratik Pravin Agarwal as the promoters of our Company with effect from March 19, 2026. Accordingly, all references to the term “Promoter” or “Promoters” in the Draft Red Herring Prospectus, shall also include Pravin Agarwal and Pratik Pravin Agarwal. Accordingly, the Draft Red Herring Prospectus including the relevant portions of the cover page and sections titled “Definitions and Abbreviations”, “Offer Document Summary”, “Risk Factors”, “Capital Structure”, “Objects of the Offer”, “History and Certain Corporate Matters”, “Our Management”, “Our Promoters and Promoter Group”, “Outstanding Litigations and Material Developments”, “Other Regulatory and Statutory Disclosures” and “Offer Procedure” beginning on pages 1, 14, 44, 97, 118, 250, 263, 279, 469, 482 and 508 of the Draft Red Herring Prospectus have been suitably updated and potential Bidders may note that in order to assist the Bidders to get a complete understanding of the updated information, the updated relevant portions have been included in this Addendum. The abovementioned changes are to be read in conjunction with the Draft Red Herring Prospectus and accordingly, their references in the Draft Red Herring Prospectus stand updated pursuant to this Addendum. The information in this Addendum supplements the Draft Red Herring Prospectus, as applicable. However, this Addendum does not reflect all the changes that have occurred between the date of filing of the Draft Red Herring Prospectus and the date hereof and accordingly does not include all the changes and/or updates that will be included in the Red Herring Prospectus and the Prospectus. Please note that all other details / information included in the Draft Red Herring Prospectus will be suitably updated, including to the extent stated in this Addendum, along with other factual updates, as may be applicable, in the Red Herring Prospectus and the Prospectus, as and when filed with the RoC, SEBI and the Stock Exchanges. Investors should not rely on the Draft Red Herring Prospectus or this Addendum for any investment decision, and should read the Red Herring Prospectus, as and when it is filed 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 under the U.S. Securities Act or any applicable law of the United States, and unless so registered, 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 law. Accordingly, the Equity Shares are being offered and sold outside the United States in “offshore transactions” as defined in and in reliance on, Regulation S under the U.S. Securities Act and the applicable laws of the jurisdictions where such offers and sales are made. The Equity Shares have not been and will not be registered, listed or otherwise qualified in any other jurisdiction outside India and may not be offered or sold, and Bids may not be made by persons in any such jurisdiction, except in compliance with the applicable laws of such jurisdiction. This Addendum which has been filed with SEBI and the Stock Exchanges shall be made available to the public for comments, if any, for a period of at least 21 days, from the date of such filing with SEBI and the Stock Exchanges and will be available on their website www.sebi.gov.in, the websites of the Stock Exchanges i.e., www.nseindia.com, www.bseindia.com, the website of the Company i.e. www.sterliteelectric.com and the website of the BRLMs, i.e., Axis Capital Limited at www.axiscapital.co.in, Motilal Oswal Investment Advisors Limited at www.motilaloswalgroup.com and Nuvama Wealth Management Limited at www.nuvama.com. All capitalized terms used in this Addendum shall, unless the context otherwise requires, have the meaning ascribed to them in the Draft Red Herring Prospectus. Place: Pune, Maharashtra For Sterlite Electric Limited (formerly known as Sterlite Power Transmission Limited) Date: March 19, 2026 On behalf of the Board of Directors Sd/- Ashok Ganesan Company Secretary and Compliance Officer BOOK RUNNING LEAD MANAGERS REGISTRAR TO THE OFFER Axis Capital Limited Motilal Oswal Investment Advisors Limited Nuvama Wealth Management Limited MUFG Intime India Private Limited (formerly 1st Floor, Axis House, Motilal Oswal Tower, Rahimtullah Sayani Road, 801-804, Wing A, Building No 3, Link Intime India Private Limited) Pandurang Budhkar Marg, Opposite Parel ST Depot, Inspire BKC, G Block, BKC C-101, Embassy 247, L.B.S. Marg, Worli, Mumbai 400 025 Prabhadevi, Mumbai 400 025 Bandra East, Mumbai - 400 051 Vikhroli (West), Mumbai 400 083 Maharashtra, India Maharashtra, India Maharastra, India Maharashtra, India Tel: +91 22 4325 2183 Telephone: +91 22 7193 4380 Tel: +91 22 4009 4400 Tel: +91 810 811 4949 E-mail: sterlite.ipo@axiscap.in Email: sterlite.ipo@ motilaloswal.com Email: sterlite.ipo@nuvama.com E-mail: sterliteelectric.ipo@in.mpms.mufg.com Website: www.axiscapital.co.in Website: www.motilaloswalgroup.com Website: www.nuvama.com Website: www.in.mpms.mufg.com Investor Grievance ID: complaints@axiscap.in Investor grievance ID: Investor Grievance ID: Investor Grievance ID: Contact Person: Simran Gadh/Pavan Naik moiaplredressal@motilaloswal.com customerservice.mb@nuvama.com sterliteelectric.ipo@in.mpms.mufg.com SEBI Registration Number: INM000012029 Contact person: Sankita Ajinkya/Shashank Pisat Contact Person: Soumavo Sarkar Contact Person: Shanti Gopalkrishnan SEBI Registration No: INM000011005 SEBI Registration Number: INM000013004 SEBI Registration Number: INR000004058 BID/ OFFER PERIOD BID/ OFFER OPENS ON [●](1) BID/ OFFER CLOSES ON [●] (2)(3) (1) Our Company, in consultation with the BRLMs, may consider participation by Anchor Investors in accordance with the SEBI ICDR Regulations. The Anchor Investor Bid/Offer Period shall be one Working Day prior to the Bid/ Offer Opening Date. (2) Our Company, in consultation with the BRLMs, may consider closing the Bid/ Offer Period for QIBs one Working Day prior to the Bid/ Offer Closing Date in accordance with the SEBI ICDR Regulations (3) The UPI mandate end time and date shall be at 5.00 p.m. on the Bid/Offer Closing Date.(This page is intentionally left blank)TABLE OF CONTENTS SECTION I: GENERAL ............................................................................................................................................. 1 DEFINITIONS AND ABBREVIATIONS ................................................................................................................. 1 OFFER DOCUMENT SUMMARY .......................................................................................................................... 2 SECTION II: RISK FACTORS ................................................................................................................................. 6 SECTION III: INTRODUCTION ............................................................................................................................. 8 CAPITAL STRUCTURE .......................................................................................................................................... 8 OBJECTS OF THE OFFER .................................................................................................................................... 26 SECTION IV: ABOUT OUR COMPANY .............................................................................................................. 27 HISTORY AND CERTAIN CORPORATE MATTERS ........................................................................................ 27 OUR MANAGEMENT ........................................................................................................................................... 28 OUR PROMOTERS AND PROMOTER GROUP ................................................................................................. 29 SECTION V: LEGAL AND OTHER INFORMATION ........................................................................................ 33 OUTSTANDING LITIGATIONS AND MATERIAL DEVELOPMENTS ........................................................... 33 OTHER REGULATORY AND STATUTORY DISCLOSURES .......................................................................... 34 SECTION VI: OFFER INFORMATION ............................................................................................................... 35 OFFER PROCEDURE ............................................................................................................................................ 35 DECLARATION ....................................................................................................................................................... 36SECTION I: GENERAL DEFINITIONS AND ABBREVIATIONS This Addendum uses certain definitions and abbreviations which, unless the context otherwise indicates or implies, or unless otherwise specified, shall have the meaning as provided below. Company Related Terms Term Description Additional Promoters The additional promoters of our Company, being Pravin Agarwal and Pratik Pravin Agarwal. For details, please see “Our Promoters and Promoter Group” on page 30 of this Addendum Additional Promoter Group The individuals and the entities constituting the promoter group of the Additional Promoters in terms of Regulation 2(1)(pp) of the SEBI ICDR Regulations, as described in “Our Promoters and Promoter Group” on page 32 of this Addendum The following definitions shall be included in the Red Herring Prospectus and the Prospectus or replace the corresponding definitions in the Draft Red Herring Prospectus, as applicable: Offer Related Terms Term Description Addendum The addendum dated March 19, 2026 to the Draft Red Herring Prospectus filed with SEBI and the Stock Exchanges “Draft Red Herring Prospectus” The draft red herring prospectus dated September 29, 2025, filed with SEBI and issued in accordance or “DRHP” with the SEBI ICDR Regulations, which does not contain complete particulars of the price at which the Equity Shares will be Allotted and the size of the Offer, read with this Addendum and any other addenda or corrigenda thereto Individual Promoters Anil Agarwal, Pravin Agarwal and Pratik Pravin Agarwal Promoters Promoters of our Company, being Anil Agarwal, Pravin Agarwal, Pratik Pravin Agarwal and Twin Star Overseas Limited. For details, please see “Our Promoters and Promoter Group” on page 30 of this Addendum 1OFFER DOCUMENT SUMMARY The disclosures in the section “Offer Document Summary” beginning on page 14 of the Draft Red Herring Prospectus shall be read with the following additional details: Our Promoters Anil Agarwal, Pravin Agarwal, Pratik Pravin Agarwal and Twin Star Overseas Limited are the promoters of our Company. For details, see “Our Promoters and Promoter Group” on page 30 of this Addendum. Aggregate pre-Offer and post-Offer shareholding of the Additional Promoters and the Additional Promoter Group, as a percentage of our paid-up Equity Share capital The aggregate pre-Offer and post-Offer shareholding of the Additional Promoters and Additional Promoter Group as a percentage of our paid-up Equity Share capital is set out below: Name of Shareholder Pre-Offer Post-Offer* Number of Equity Percentage of pre- Number of Equity Percentage of post- Shares of face Offer Equity Share Shares of face Offer paid-up value of ₹2 each Capital, on a fully value of ₹ 2 each Equity Share diluted basis^ (%) capital (%) Additional Promoters Pravin Agarwal 1,126,210 0.80 [●] [●] Pratik Pravin Agarwal 957,228 0.68 [●] [●] Sub-total (A) 2,083,438 1.48 [●] [●] Additional Promoter Group Jyoti Agarwal 45,000 0.03 [●] [●] Ankit Agarwal 566,836 0.40 [●] [●] Sonakshi Agarwal 168,496 0.12 [●] [●] Shaarav Pratik Agarwal 71,048 0.05 [●] [●] Reyansh Pratik Agarwal 71,048 0.05 [●] [●] Deepakkumar Chimanlal Bhartia 1,538 Negligible [●] [●] Shashikant Chimanlal Bhartia 8,425 0.01 [●] [●] Taradevi Chimanlal Bhartia 50 Negligible [●] [●] Sub-total (B) 932.441 0.66 [●] [●] Total (A+B) 3,015,879 2.14 [●] [●] *Subject to completion of the Offer and finalization of the Allotment. ^ The pre-Offer equity share capital of our Company on a fully diluted basis has been computed (a) assuming conversion of all outstanding 15,317,134 CCPS of face value of ₹10 each of our Company into maximum of 15,317,134 Equity Shares of face value of ₹2 each; and (b) pursuant to exercise of all outstanding RSUs that are vested as on the date of this Addendum, under the RSU Plans. Pre-Offer shareholding as at the date of the Price Band advertisement and post-Offer shareholding as at Allotment of the Additional Promoters and Additional Promoter Group The aggregate shareholding, of the Additional Promoters and Additional Promoter Group as at the date of the Price Band advertisement publication and as at the date of Allotment is set forth below: S. No. Pre-Offer shareholding as at the date of Price Post-Offer shareholding as at the date of Allotment#^ Band advertisement^ Name of the Number Shareholding At the lower end of the price At the upper end of the price shareholder of Equity on a fully band (₹[●]) band (₹[●]) Shares of diluted basis Number of Shareholding Number of Shareholding face value (in %)* Equity Shares (in %)* Equity Shares (in %)* of ₹ 2 of face value of of face value of each* ₹ 2 each* ₹ 2 each* Additional Promoters 1. Pravin Agarwal [●] [●] [●] [●] [●] [●] 2. Pratik Pravin Agarwal [●] [●] [●] [●] [●] [●] Additional Promoter Group 5. Jyoti Agarwal [●] [●] [●] [●] [●] [●] 6. Ankit Agarwal [●] [●] [●] [●] [●] [●] 7. Sonakshi Agarwal [●] [●] [●] [●] [●] [●] 8. Shaarav Pratik Agarwal [●] [●] [●] [●] [●] [●] 9. Reyansh Pratik Agarwal [●] [●] [●] [●] [●] [●] 10. Deepakkumar [●] [●] [●] [●] [●] [●] Chimanlal Bhartia 11. Shashikant Chimanlal [●] [●] [●] [●] [●] [●] Bhartia 2S. No. Pre-Offer shareholding as at the date of Price Post-Offer shareholding as at the date of Allotment#^ Band advertisement^ Name of the Number Shareholding At the lower end of the price At the upper end of the price shareholder of Equity on a fully band (₹[●]) band (₹[●]) Shares of diluted basis Number of Shareholding Number of Shareholding face value (in %)* Equity Shares (in %)* Equity Shares (in %)* of ₹ 2 of face value of of face value of each* ₹ 2 each* ₹ 2 each* 12. Taradevi Chimanlal [●] [●] [●] [●] [●] [●] Bhartia ^ To be filled in at Prospectus stage. # Based on the Offer Price of ₹[●] and subject to finalisation of the Basis of Allotment. * Includes all RSUs that have been exercised until date of Prospectus and any transfers of Equity Shares by existing Shareholders after the date of the pre- Offer and Price Band advertisement until date of Prospectus. Summary of outstanding litigation A summary of outstanding litigation proceedings involving the Additional Promoters as on the date of this Addendum in terms of the SEBI ICDR Regulations is provided below: Category of individuals/ Criminal Tax Statutory or Disciplinary actions by Material Aggregate entities proceeding proceeding regulatory the SEBI or Stock civil amount s s proceedings Exchanges against our litigations as involved (₹ in Additional Promoters per the million)* in the last five years, Materiality including outstanding Policy action By the Additional Promoters 1 Nil NA N.A. Nil Nil Against the Additional Nil Nil Nil Nil Nil Nil Promoters * To the extent quantifiable. Weighted average price at which specified securities were acquired by the Additional Promoters in the one year preceding the date of this Addendum There have been no Equity Shares or CCPS acquired by the Additional Promoters in the one year preceding the date of this Addendum. Average cost of acquisition of Equity Shares for the Additional Promoters The average cost of acquisition of Equity Shares acquired by the Additional Promoters as on the date of this Addendum is as set out below: Name Number of Equity Shares held of face Average cost of acquisition per Equity value of ₹2 each held as on the date of this Share (in ₹)* Addendum Pravin Agarwal 1,126,210 48.76 Pratik Pravin Agarwal 957,228 55.40 * As certified by KNPS & Associates, Chartered Accountants (FRN: 024073N), by way of certificate dated March 19, 2026. Weighted average cost of acquisition of all Equity Shares transacted by our Promoters (including the Additional Promoters and Promoter Selling Shareholder), Other Selling Shareholders, members of the Promoter Group and Additional Promoter Group and shareholders with the right to nominate directors or other rights in the last three years, eighteen months and one year immediately preceding this Addendum The weighted average cost of acquisition of all Equity Shares transacted by our Promoters (including the Additional Promoters and Promoter Selling Shareholder), Other Selling Shareholders, members of the Promoter Group and Additional Promoter Group and shareholders with the right to nominate directors or other rights in the last three years, eighteen months and one year immediately preceding this Addendum are as follows: Period Weighted average cost of Cap Price/upper end of Price Range of acquisition price: acquisition of Equity Shares Band is ‘X’ times the Lowest Price – Highest Price (in ₹)* weighted average cost of (in ₹)* acquisition*^ Last one year preceding the date of this 528.00 [●] Nil - 528.00 Addendum Last 18 months preceding the date of this 746.57 [●] 473.32 - 825.00 Addendum 3Period Weighted average cost of Cap Price/upper end of Price Range of acquisition price: acquisition of Equity Shares Band is ‘X’ times the Lowest Price – Highest Price (in ₹)* weighted average cost of (in ₹)* acquisition*^ Last three years preceding the date of 550.40 [●] 450.00 - 825.00 this Addendum * As certified by KNPS & Associates, Chartered Accountants (FRN: 024073N), by way of certificate dated March 19, 2026. ^ To be updated on finalisation of the Price Band. Weighted average cost of acquisition of all CCPS transacted by our Promoters (including the Additional Promoters and Promoter Selling Shareholder), Other Selling Shareholders, members of the Promoter Group and Additional Promoter Group and shareholders with the right to nominate directors or other rights in the last three years, eighteen months and one year immediately preceding this Addendum Our Promoters (including the Additional Promoters Promoter Selling Shareholder), Other Selling Shareholders and members of the Promoter Group and Additional Promoter Group have not transacted any CCPS in the last three years, eighteen months or one year immediately preceding this Addendum. The weighted average cost of acquisition of all CCPS transacted by the shareholders with the right to nominate directors or other rights in the last three years, eighteen months and one year immediately preceding this Addendum are as follows: Period Weighted average cost of Cap Price/upper end of Price Range of acquisition price: acquisition of Equity Shares Band is ‘X’ times the Lowest Price – Highest Price (in ₹)* weighted average cost of (in ₹)* acquisition*^ Last one year preceding the date of this [●] 475.00 Nil - 475.00 Addendum Last 18 months preceding the date of this [●] 473.75 473.32 - 475.00 Addendum Last three years preceding the date of [●] 473.75 473.32 - 475.00 this Addendum * As certified by KNPS & Associates, Chartered Accountants (FRN: 024073N), by way of certificate dated March 19, 2026. ^ To be updated on finalisation of the Price Band. Details of price at which specified securities were acquired by the Additional Promoters and Additional Promoter Group in the last three years preceding the date of this Addendum: Our Additional Promoters have not acquired any Equity Shares or CCPS in the three years preceding the date of this Addendum. Further, the Additional Promoter Group have not acquired any CCPS in the three years preceding the date of this Addendum. Further, except as disclosed below, the Additional Promoter Group have not acquired any Equity Shares in the three years preceding the date of this Addendum: Sr. No. Name of the acquirer / Shareholder Date of acquisition of Number of Equity Acquisition price per the Equity Shares Shares of face value of Equity Share* (in ₹) ₹ 2 each 1. Shashikant Chimanlal Bhartia October 16, 2023 25 530.00 2. January 14, 2025 50 670.00 3. Deepakkumar Chimanlal Bhartia March 26, 2025 1,500 528.00 Financing Arrangements There have been no financing arrangements whereby the Additional Promoters or the Additional Promoter Group have financed the purchase by any other person of securities of our Company other than in the normal course of the business during a period of six months immediately preceding the date of this Addendum. Exemption from complying with any provisions of securities laws, if any, granted by SEBI Except as disclosed below and on page 38 of the Draft Red Herring Prospectus, our Company has not filed or obtained any exemption from the SEBI from strict compliance with any provisions of securities laws from SEBI as on the date of this Addendum: An application dated March 19, 2026, has been submitted to the SEBI under Regulation 300(1)(c) of the SEBI ICDR Regulations, seeking exemption for disclosing information and confirmations from Vaidehi Kanoria (“Non-Cooperating Individual”) and entities/ and bodies corporates/ firms/ HUFs (“Non-Cooperating Entities”, along with Non-Cooperating Individual, “Non-Cooperating Group”) in which the aforesaid persons have/may have interest (individually or in aggregate with Pratik Pravin Agarwal, one of our Individual Promoters), as part of the promoter group of Pratik Pravin Agarwal, one of our Individual Promoters, in terms of the SEBI ICDR Regulations based on the information as available in the public domain. 4Since our Company has not been able to procure relevant information, from, and in relation to, the Non-Cooperating Group and to comply with the provisions of the SEBI ICDR Regulations, our Company has included disclosures pertaining to the Non- Cooperating Group in this Addendum to the best of our Company’s knowledge and to the extent the information was available and accessible in the public domain published on the websites of, inter-alia, Watchout Investors, CIBIL, Stock Exchanges, MCA and crime check. Further, in the absence of such information from the Non-Cooperating Individual, our Company is also unable to identify an exhaustive list of the relevant entities as members of the Promoter Group, other than to the best of our Company’s knowledge and to the extent the information was available and accessible in the public domain. For details, please see, “Risk Factors – The sister-in-law of one of our Individual Promoters, Pratik Pravin Agarwal, who is deemed to be a member of the Promoter Group under the SEBI ICDR Regulations, has declined to be identified as such and has not provided any information in respect of herself and the relevant entities as Promoter Group. Consequently, we cannot assure you that the disclosures relating to such member of the Promoter Group are complete or up-to-date” on page 6 of this Addendum. 5SECTION II: RISK FACTORS The disclosures in the section titled “Risk Factors” beginning on page 44 of the Draft Red Herring Prospectus shall be read with the following additional details: 1. The sister-in-law of one of our Individual Promoters, Pratik Pravin Agarwal, who is deemed to be a member of the Promoter Group under the SEBI ICDR Regulations, has declined to be identified as such and has not provided any information in respect of herself and the relevant entities as Promoter Group. Consequently, we cannot assure you that the disclosures relating to such member of the Promoter Group are complete or up-to-date. The sister-in-law one of our Individual Promoters, Pratik Pravin Agarwal (“Non-Cooperating Individual”), deemed to be a part of the Promoter Group of Pratik Pravin Agarwal under the SEBI ICDR Regulations, has pursuant to a letter dated March 6, 2026, declined to be classified as such and our Company has accordingly not received any information, confirmations or undertakings in respect of herself or the entities/ bodies corporates/ firms/ HUFs they she may be interested in, as member of the Promoter Group (“Non-Cooperating Entities”, along with Non-Cooperating Individual, “Non-Cooperating Group”) in connection with the Offer. The Non-Cooperating Individual: (a) is not or has not been involved with the business of our Company since its incorporation, or have any shareholding, rights or management representation in our Company in the last three years; (b) does not have or has in the last three years any financial or other interest in the Company and/or its Subsidiaries (“Relevant Entities”); (c) does not hold or has held in the last three years any equity shares or any other securities of the Relevant Entities; (d) does not play any role in the ownership, management or operations of the Relevant Entities; (e) does not have any transactions including related party transactions with the Relevant Entities in the last three years; (f) does not have any special rights with respect to the Relevant Entities or their respective securities through any shareholders’ agreement or any other formal or informal arrangements; (g) is neither a Director, Key Managerial Personnel or Senior Management of our Company; (h) is not a vendor, supplier, or client of the Relevant Entities; and (i) does not have or has had any litigations with our Company or our Promoters Our Company has filed an application dated March 19, 2026, with SEBI for seeking exemption under Regulation 300(1)(c) of the SEBI ICDR Regulations, from disclosing the Non-Cooperating Individual and the corresponding Non-Cooperating Entities, as part of the promoter group of Pratik Pravin Agarwal, one of our Individual Promoters, in terms of the SEBI ICDR Regulations and including their information and confirmations in this Addendum. Since our Company has not been able to procure relevant information, from, and in relation to, the Non-Cooperating Group, to comply with the provisions of the SEBI ICDR Regulations, our Company has included disclosures pertaining to the Non-Cooperating Group in this Addendum to the best of our Company’s knowledge and to the extent the information was available and accessible in the public domain published on the websites of, inter-alia, Watchout Investors, CIBIL, Stock Exchanges, MCA and crime check. Further, in the absence of such information from the Non-Cooperating Individual, our Company is also unable to identify an exhaustive list of their relevant entities as members of the Promoter Group, other than to the best of our Company’s knowledge and to the extent the information was available and accessible in the public domain. Further, given that the information, as disclosed in this Addendum, is based solely on publicly available information, our Company has not been able to ascertain that these disclosures, or any other confirmations included in this Addendum in relation to Non-Cooperating Group is accurate, complete or up to date. Our Company is not in a position to ascertain the completeness of the publicly available information, as on the date of this Addendum, or any subsequent developments which may impact the disclosures pertaining to Non-Cooperating Group. Consequently, there can be no assurance that the information disclosed in this Addendum with respect to Non-Cooperating Group is accurate, complete or up to date. For details, see, “Offer Document Summary - Exemption from complying with any provisions of securities laws, if any, granted by SEBI” on page 4 of this Addendum. While, as of the date of this Addendum, the Non-Cooperating Group does not have any Equity Shares in our Company, we undertake to monitor and immediately disclose to the Stock Exchanges, post-listing of the Equity Shares, any acquisition of Equity Shares of our Company by the Non-Cooperating Group. 2. Our Company is a public limited company and may be unable to impose restrictions on the transfer of securities by our Shareholders, on account of which there are certain corporate records in relation to secondary transactions entered into by our Additional Promoters and Additional Promoter Group which are not traceable. We cannot assure you that regulatory proceedings or actions will not be initiated against us which may impact our financial condition and reputation and we will not be subject to any penalty imposed by the competent regulatory authority in this regard. As on the date of this Addendum, our Company has 107,511 Shareholders (based on beneficiary position statement available on March 13, 2026). Post the initial subscription in our Company, our Company has issued Equity Shares and Preference Shares pursuant to private placement, bonus issue and RSU Scheme, as applicable. All issuances and allotment of Equity Shares and 6Preference Shares by our Company since its incorporation have been undertaken in compliance with the Companies Act. As a public company under the Companies Act, the Equity Shares of our Company are freely transferable and in accordance with Section 58 of the Companies Act, it may be unable to impose restrictions on the transfer of Equity Shares by our Shareholders. Accordingly, there are certain corporate records, including delivery instruction slips, in relation to secondary transactions entered into by our Additional Promoters and Additional Promoter Group which are not traceable by them. For details, see, “Capital Structure - History of share capital build-up of the Additional Promoters, details of secondary transactions involving the Additional Promoters and Additional Promoter Group, Minimum Promoter’s Contribution and lock-in requirements - Share capital build-up of our Additional Promoters” and “Capital Structure – - History of share capital build-up of the Additional Promoters, details of secondary transactions involving the Additional Promoters and Additional Promoter Group, Minimum Promoter’s Contribution and lock-in requirements - Details of secondary transactions involving the Additional Promoters and Additional Promoter Group” on pages 8 and 14 respectively of this Addendum. Hence, for the purposes of making disclosures in the section titled “Capital Structure” of this Addendum, we have relied on the demat statements, off market annexure slips and certifications shared by the respective Additional Promoters and Additional Promoter Group. We cannot assure you that there will be no future inquiry or investigation by regulatory authorities regarding the share capital build-up on account of our large shareholder base while being an unlisted company. In the event that any proceeding or action is initiated against us by a regulatory authority and our Company is found non-compliant with any of the applicable provisions of the Companies Act, there may be an imposition of penalty under the Companies Act or such other relevant provisions under Companies Act, or any action by any relevant regulatory authority, on us. 3. Our Additional Promoters may have interests in our Company in addition to their normal remuneration or benefits and reimbursement of expenses incurred. In addition to payment of renumeration, sitting fees and commission, our Additional Promoters may be deemed to be interested to the extent of Equity Shares held by them, as well as to the extent of any dividends, bonuses or other distributions on such Equity Shares. Additionally, our Additional Promoters may also be regarded as interested to the extent of restricted stock units granted by our Company and which may be granted to them from time to time pursuant to the RSU Plans. For further details of such interests, “Our Promoters and Promoter Group – Interests of our Additional Promoters” on page 31 of this Addendum. 4. We have not been able to obtain certain records of educational qualifications of two of our Individual Promoters, Anil Agarwal and Pravin Agarwal. Two of our Individual Promoters, Anil Agarwal and Pravin Agarwal have been unable to trace copies of documents pertaining to their educational qualifications. While they have written to their respective educational institutions seeking copies of such documents, as of the date of this Addendum, they have not received any communication. Accordingly, we have relied on affidavits furnished by them, to disclose the details of their educational qualifications in this Addendum. For further details, see “Our Management – Brief profiles of our Directors” and “Our Promoters and Promoter Group – Details of our Promoters – Individual Promoter – Anil Agarwal” on pages 265 and 279 respectively of the Draft Red Herring Prospectus. There, there can be no assurances that they will be able to trace the relevant documents pertaining to his educational qualifications in future, or at all or that the educational institutions will respond to such emails and letter in a timely manner, or at all. 5. After the completion of the Offer, our Promoters will continue to collectively hold majority of the shareholding in our Company, which will allow them to influence the outcome of matters requiring shareholder approval. As on the date of this Addendum, our Promoters, collectively hold 63.26% of the share capital of our Company on a fully diluted basis. After the completion of the Offer, our Promoters will continue to collectively hold majority of the shareholding in our Company and will continue to exercise significant influence over our business policies and affairs and all matters requiring Shareholders’ approval, including the composition of our Board, the adoption of amendments to our constitutional documents, the approval of mergers, strategic acquisitions or joint ventures or the sales of substantially all of our assets, and the policies for dividends, lending, investments and capital expenditures or any other matter requiring special resolution. This concentration of ownership also may delay, defer or even prevent a change in control of our Company and may make some transactions more difficult or impossible without the support of these stockholders. The interests of our Promoters as our controlling shareholders could conflict with our interests or the interests of our other shareholders. We cannot assure you that our Promoters will act to resolve any conflicts of interest in our favour and any such conflict may adversely affect our ability to execute our business strategy or to operate our business. 7SECTION III: INTRODUCTION CAPITAL STRUCTURE The disclosures in the section titled “Capital Structure” beginning on page 97 of the Draft Red Herring Prospectus shall be read with the following additional details: History of share capital build-up of the Additional Promoters, details of secondary transactions involving the Additional Promoters and Additional Promoter Group, Minimum Promoter’s Contribution and lock-in requirements (a) Share capital build-up of our Additional Promoters As on the date of this Addendum, our Additional Promoters hold an aggregate of 2,083,438 Equity Shares, constituting 1.48% of the issued, subscribed and paid-up Equity Share capital of our Company. Set forth below is the build-up of the equity shareholding of our Additional Promoters since incorporation of our Company: 8Date of allotment / Number of equity Face value Issue/ Nature of consideration Nature of transaction Percentage of pre- Percentage of transfer of equity shares allotted / per equity transfer / Offer equity share post-Offer equity shares transferred share buy-back price per capital of our share capital of (₹) equity share$ Company on fully our Company (₹) diluted basis^ (%) (%) Pravin Agarwal May 5, 2015 1 10 10 Cash Initial subscription to the memorandum of Negligible [●] association Pursuant to our Board resolution dated May 18, 2015, and our Shareholders’ resolution dated July 7, 2015, the existing equity shares of face value of ₹ 10 each of our Company were sub-divided into equity shares of face value of ₹ 10 each. Therefore, 1 equity share held by Pravin Agarwal was sub-divided into 5 equity shares of face value of ₹ 2 each May 23, 2016 (5) 2 N.A. N.A. Reduction in share capital pursuant to STL Negligible [●] Demerger Scheme August 22, 2016 130,900 2 N.A. Other than cash Allotment of 130,900 equity shares pursuant to 0.09 [●] the STL Demerger Scheme February 8, 2017$ 145 2 112.30 Cash Purchase of equity shares from Manjula Negligible [●] Manilal Gada February 10, 2017$ 2,700 2 112.30 Cash Purchase of equity shares from Vikram Shah Negligible [●] 1,000 2 112.30 Cash Purchase of equity shares from Krishan Kumar Negligible [●] Wahi February 13, 2017$ 2,000 2 112.30 Cash Purchase of equity shares from Prakash Rajaba Negligible [●] Jagdale 900 2 112.30 Cash Purchase of equity shares from Ram Kumar Negligible [●] Gupta February 14, 2017$ 120 2 112.30 Cash Purchase of equity shares from Kanta Dhiman Negligible [●] 251 2 112.30 Cash Purchase of equity shares from Chetan D Sethi Negligible [●] February 15, 2017$ 120 2 112.30 Cash Purchase of equity shares from Mehta Dipti Negligible [●] Kumar 80 2 112.30 Cash Purchase of equity shares from Kalpesh Negligible [●] Pravind Chandra Mehta February 16, 2017$ 100 2 112.30 Cash Purchase of equity shares Jogendra Negligible [●] Pranjivandas Parikh February 17, 2017$ 400 2 112.30 Cash Purchase of equity shares from Dhananjay V. Negligible [●] Dharmik February 18, 2017$ 500 2 112.30 Cash Purchase of equity shares from Vrajesh Negligible [●] Navnitbhai Shah 1,987 2 112.30 Cash Purchase of equity shares from Vrajesh K Shah Negligible [●] 125 2 112.30 Cash Purchase of equity shares from Pareshaben Negligible [●] Premchand Shah 364 2 112.30 Cash Purchase of equity shares from Nitin Kumar Negligible [●] Shah February 20, 2017$ 5,000 2 112.30 Cash Purchase of equity shares from Parag C Negligible [●] Mankeekar 12,000 2 112.30 Cash Purchase of equity shares from N R Garg 0.01 [●] 340 2 112.30 Cash Purchase of equity shares from Negligible [●] Subrahmanyeswara Rao Kancharala 9Date of allotment / Number of equity Face value Issue/ Nature of consideration Nature of transaction Percentage of pre- Percentage of transfer of equity shares allotted / per equity transfer / Offer equity share post-Offer equity shares transferred share buy-back price per capital of our share capital of (₹) equity share$ Company on fully our Company (₹) diluted basis^ (%) (%) February 28, 2017$ 145 2 112.30 Cash Purchase of equity shares from Manilal Negligible [●] Kalyanji Gada March 2, 2017$ 675,950 2 112.30 Cash Purchase of equity shares from 2,252 0.48 [●] transferors. For details of transferors, please see www.sterliteelectric.com/investors March 23, 2017$ 50 2 112.30 Cash Purchase of equity shares from Kanchan Negligible [●] Korshi Gada 250 2 112.30 Cash Purchase of equity shares from Litesh Korshi Negligible [●] Gada March 24, 2017$ 125 2 112.30 Cash Purchase of equity shares from Dipankar Negligible [●] Purkayastha 125 2 112.30 Cash Purchase of equity shares from Dipankar Negligible [●] Purkayastha 170 2 112.30 Cash Purchase of equity shares from Nitin Kumar N e g l i g i b l e [●] 30 2 112.30 Cash Purchase of equity shares from Nitin Kumar Negligible [●] Premchand Shah 50 2 112.30 Cash Purchase of equity shares from Nitin Kumar Negligible [●] Premchand Shah 2 2 112.30 Cash Purchase of equity shares from Rohit Amrutlal Negligible [●] Shah 66 2 112.30 Cash Purchase of equity shares from Daxaben Negligible [●] Nitinkumar Shah 44 2 112.30 Cash Purchase of equity shares from Rohit Amrutlal Negligible [●] Shah 66 2 112.30 Cash Purchase of equity shares from Rohit Amrutlal Negligible [●] Shah July 29, 2022 (6,000) 2 860.00 Cash Sale of equity shares to Growfast Securities & Negligible [●] Credit Limited September 6, 2022 (10,000) 2 N.A.# N.A. Transfer of equity shares to Jyoti Agarwal by (0.01) [●] way of gift September 12, (13,000) 2 1,000.00 Cash Sale of equity shares to Growfast Securities & (0.01) [●] 2022 Credit Limited September 14, (9,000) 2 1,000.00 Cash Sale of equity shares to Growfast Securities & (0.01) [●] 2022 Credit Limited September 22, (10,000) 2 N.A. # N.A. Transfer of equity shares to Jyoti Agarwal by (0.01) [●] 2022 way of gift October 13, 2022 (9,000) 2 475.00 Cash Sale of equity shares to Amar Alliance Equity (0.01) [●] Research Private Limited October 20, 2022 788,105 2 N.A. N.A. Bonus issue in the ratio of 1:1 Negligible [●] December 2, 2022 (4,500) 2 475.00 Cash Sale of equity shares to Amar Alliance Equity Negligible [●] 10Date of allotment / Number of equity Face value Issue/ Nature of consideration Nature of transaction Percentage of pre- Percentage of transfer of equity shares allotted / per equity transfer / Offer equity share post-Offer equity shares transferred share buy-back price per capital of our share capital of (₹) equity share$ Company on fully our Company (₹) diluted basis^ (%) (%) Research Private Limited January 27, 2023 (10,000) 2 450.00 Cash Sale of equity shares to Amar Alliance Equity (0.01) [●] Research Private Limited March 23, 2023 (11,000) 2 450.00 Cash Sale of equity shares to Growfast Securities & (0.01) [●] Credit Limited May 8, 2023 (6,000) 2 450.00 Cash Sale of equity shares to Growfast Securities & Negligible [●] Credit Limited May 12, 2023 (9,000) 2 450.00 Cash Sale of equity shares to Growfast Securities & (0.01) [●] Credit Limited June 9, 2023 (20,000) 2 450.00 Cash Sale of equity shares to Growfast Securities & (0.01) [●] Credit Limited June 13, 2023 (50,000) 2 450.00 Cash Sale of equity shares to Growfast Securities & (0.03) [●] Credit Limited June 30, 2023 (15,000) 2 450.00 Cash Sale of equity shares to Growfast Securities & (0.01) [●] Credit Limited July 6, 2023 (10,000) 2 450.00 Cash Sale of equity shares to Growfast Securities & (0.01) [●] Credit Limited July 11, 2023 (10,000) 2 450.00 Cash Sale of equity shares to Growfast Securities & (0.01) [●] Credit Limited July 18, 2023 (10,000) 2 450.00 Cash Sale of equity shares to Growfast Securities & (0.01) [●] Credit Limited July 19, 2023 (10,000) 2 450.00 Cash Sale of equity shares to Growfast Securities & (0.01) [●] Credit Limited (10,000) 2 450.00 Cash Sale of equity shares to Growfast Securities & (0.01) [●] Credit Limited July 20, 2023 (10,000) 2 450.00 Cash Sale of equity shares to Growfast Securities & (0.01) [●] Credit Limited (10,000) 2 450.00 Cash Sale of equity shares to Growfast Securities & (0.01) [●] Credit Limited July 21, 2023 (10,000) 2 450.00 Cash Sale of equity shares to Growfast Securities & (0.01) [●] Credit Limited July 24, 2023 (10,000) 2 450.00 Cash Sale of equity shares to Growfast Securities & (0.01) [●] Credit Limited August 10, 2023 (20,000) 2 595.00 Cash Sale of equity shares to KJMC Financial (0.01) [●] Services Limited August 18, 2023 (10,000) 2 575.00 Cash Sale of equity shares to Growfast Securities & (0.01) [●] Credit Limited August 23, 2023 (10,000) 2 575.00 Cash Sale of equity shares to Growfast Securities & (0.01) [●] Credit Limited August 25, 2023 (10,000) 2 580.00 Cash Sale of equity shares to KJMC Financial (0.01) [●] 11Date of allotment / Number of equity Face value Issue/ Nature of consideration Nature of transaction Percentage of pre- Percentage of transfer of equity shares allotted / per equity transfer / Offer equity share post-Offer equity shares transferred share buy-back price per capital of our share capital of (₹) equity share$ Company on fully our Company (₹) diluted basis^ (%) (%) Services Limited August 28, 2023 (10,000) 2 580.00 Cash Sale of equity shares to KJMC Financial (0.01) [●] Services Limited August 29, 2023 (15,000) 2 575.00 Cash Sale of equity shares to Growfast Securities & (0.01) [●] Credit Limited September 1, 2023 (10,000) 2 580.00 Cash Sale of equity shares to KJMC Financial (0.01) [●] Services Limited (10,000) 2 565.00 Cash Sale of equity shares to Growfast Securities & (0.01) [●] Credit Limited September 4, 2023 (5,000) 2 565.00 Cash Sale of equity shares to Growfast Securities & Negligible [●] Credit Limited (5,000) 2 560.00 Cash Sale of equity shares to Growfast Securities & Negligible [●] Credit Limited September 6, 2023 (10,000) 2 560.00 Cash Sale of equity shares to Growfast Securities & (0.01) [●] Credit Limited September 8, 2023 (12,000) 2 580.00 Cash Sale of equity shares to KJMC Financial (0.01) [●] Services Limited January 24, 2024 (25,000) 2 500.00 Cash Sale of equity shares to KJMC Corporate (0.02) [●] Advisors (India) Limited February 14, 2024 (25,000) 2 500.00 Cash Sale of equity shares to KJMC Financial (0.02) [●] Services Limited May 29, 2024 (12,500) 2 625.00 Cash Sale of equity shares to KJMC Financial (0.01) [●] Services Limited June 4, 2024 (10,000) 2 625.00 Cash Sale of equity shares to KJMC Financial (0.01) [●] Services Limited July 8, 2024 (16,000) 2 625.00 Cash Sale of equity shares to Amar Alliance (0.01) [●] Consultants Private Limited September 12, (10,000) 2 700.00 Cash Sale of equity shares to Growfast Securities & (0.01) [●] 2024 Credit Private Limited Sub-total (A) 1,126,210 0.80 Pratik Pravin Agarwal August 22, 2016 97,628 2 N.A. Other than cash Allotment of 97,628 equity shares pursuant to 0.07 [●] the STL Demerger Scheme March 2, 2017$ 63,807 2 112.30 Cash Purchase of equity shares from MV SCIF 0.04 [●] Mauritius 7,914 2 112.30 Cash Purchase of equity shares from State Public Negligible [●] Sector Superannuation Scheme 11,633 2 112.30 Cash Purchase of equity shares from MGI Emerging 0.01 [●] Markets Equity Fund-Dimensional Fund Advisors Ltd 12Date of allotment / Number of equity Face value Issue/ Nature of consideration Nature of transaction Percentage of pre- Percentage of transfer of equity shares allotted / per equity transfer / Offer equity share post-Offer equity shares transferred share buy-back price per capital of our share capital of (₹) equity share$ Company on fully our Company (₹) diluted basis^ (%) (%) 2,343 2 112.30 Cash Purchase of equity shares from Elara India Negligible [●] Opportunities Fund Limited 448,587 2 112.30 Cash Purchase of equity shares from Copthall 0.32 [●] Mauritius Investment Limited July 6, 2017 (44,524) 2 N.A. # N.A. Transfer of equity shares to Shaarav Pratik (0.03) [●] Agarwal by way of gift (44,524) 2 N.A. # N.A. Transfer of equity shares to Reyansh Pratik (0.03) [●] Agarwal by way of gift September 21, 51,500 2 175.00 Cash Purchase of equity shares from Dr. Anand 0.04 [●] 2020 Agarwal jointly with Shalini Agarwal June 15, 2022 (6,000) 2 860.00 Cash Sale of equity shares to Growfast Securities & Negligible [●] Credit Limited June 27, 2022 (5,000) 2 870.00 Cash Sale of equity shares to KJMC Financial Negligible [●] Services Limited August 23, 2022 (5,000) 2 900.00 Cash Sale of equity shares to Growfast Securities & Negligible [●] Credit Limited September 12, (10,000) 2 1,000.00 Cash Sale of equity shares to Growfast Securities & (0.01) [●] 2022 Credit Limited September 19, (6,000) 2 1,000.00 Cash Sale of equity shares to Growfast Securities & Negligible [●] 2022 Credit Limited October 12, 2022 (7,000) 2 C a s h Sale of equity shares to Amar Alliance Equity Negligible [●] 475.00 Research Private Limited October 20, 2022 562,364 2 - N.A. Bonus issue in the ratio of 1:1 0.40 [●] December 5, 2022 (4,000) 2 475.00 Cash Sale of equity shares to Amar Alliance Equity Negligible [●] Research Private Limited January 25, 2023 (10,000) 2 450.00 Cash Sale of equity shares to Amar Alliance Equity (0.01) [●] Research Private Limited March 23, 2023 (8,000) 2 450.00 Cash Sale of equity shares to Growfast Securities & (0.01) [●] Credit Limited (1,000) 2 450.00 Cash Sale of equity shares to Growfast Securities & Negligible [●] Credit Limited May 8, 2023 (5,000) 2 450.00 Cash Sale of equity shares to Growfast Securities & Negligible [●] Credit Limited May 16, 2023 (6,000) 2 450.00 Cash Sale of equity shares to Growfast Securities & Negligible [●] Credit Limited May 29, 2024 (12,500) 2 625.00 Cash Sale of equity shares to KJMC Financial (0.01) [●] Services Limited June 4, 2024 (10,000) 2 625.00 Cash Sale of equity shares to KJMC Financial (0.01) [●] Services Limited June 27, 2024 (35,000) 2 625.00 Cash Sale of equity shares to KJMC Financial (0.02) [●] 13Date of allotment / Number of equity Face value Issue/ Nature of consideration Nature of transaction Percentage of pre- Percentage of transfer of equity shares allotted / per equity transfer / Offer equity share post-Offer equity shares transferred share buy-back price per capital of our share capital of (₹) equity share$ Company on fully our Company (₹) diluted basis^ (%) (%) Services Limited July 8, 2024 (48,000) 2 625.00 Cash Sale of equity shares to Amar Alliance (0.03) [●] Consultants Private Limited September 13, (6,000) 2 700.00 Cash Sale of equity shares to KJMC Financial Negligible [●] 2024 Services Limited October 1, 2024 (15,000) 2 825.00 Cash Sale of equity shares to KJMC Financial (0.01) [●] Services Limited Sub-total (B) 9,57,228 0.68 Total (A+B) 2,083,438 1.48 [●] ^ The pre-Offer equity share capital of our Company on a fully diluted basis has been computed (a) assuming conversion of all outstanding 15,317,134 CCPS of face value of ₹10 each of our Company into maximum of 15,317,134 Equity Shares of face value of ₹2 each; and (b) pursuant to exercise of all outstanding RSUs that are vested as on the date of this Addendum, under the RSU Plans. * For further details in relation to the STL Demerger Scheme, please see the section entitled “History and Certain Corporate Matters - Details regarding material acquisitions or divestments or slump sale of business/ undertakings, mergers, amalgamations or any revaluation of assets, in the last 10 years - Scheme of arrangement between Sterlite Technologies Limited (“STL”), our Company and their respective shareholders and creditors as sanctioned by the High Court of Bombay by way of its order dated April 22, 2016” on page 253 of the Draft Red Herring Prospectus. # The transaction is in the nature of gift. $ The details of names of the counterparty for the secondary transactions are not traceable with our Company. For details, see, “Risk Factors - Our Company is a public limited company and may be unable to impose restrictions on the transfer of securities by our Shareholders, on account of which there are certain corporate records in relation to secondary transactions entered into by our Additional Promoters and Additional Promoter Group which are not traceable. We cannot assure you that regulatory proceedings or actions will not be initiated against us which may impact our financial condition and reputation and we will not be subject to any penalty imposed by the competent regulatory authority in this regard” on page 6 of this Addendum. All the Equity Shares held by our Additional Promoters were fully paid-up on the respective dates of acquisition of such equity shares. As on the date of this Addendum, our Additional Promoters are not holding any CCPS in our Company. Further, as on the date of this Addendum, none of the Equity Shares held by our Additional Promoters are pledged. (b) Details of secondary transactions involving the Additional Promoters and Additional Promoter Group Except as disclosed in “- Share capital build-up of our Additional Promoters” on page 8 of this Addendum, there have been no acquisition or transfer of equity shares of our Company through secondary transactions by our Additional Promoters. There have been no acquisition or transfer of CCPS of our Company through secondary transactions by our Additional Promoters and Additional Promoter Group. Further, except as disclosed below, there have been no acquisition or transfer of equity shares of our Company through secondary transactions by the Additional Promoter Group. 14Date of transfer Number of Nature of Name of the counterparty Nature of Face Issue Relationship of equity shares equity shares transaction consideration value per price/ with the transferred / equity transfer counterparty acquired share price (₹) per equity share (₹) Jyoti Agarwal August 23, 2022 (5,000) Sale of equity Growfast Securities & Credit Limited Cash 2 900.00 Not related shares September 6, 10,000 Transfer by way Pravin Agarwal N.A. 2 N.A.* Spouse 2022 of gift of equity shares September 22, 10,000 Transfer by way Pravin Agarwal N.A. 2 N.A.* Spouse 2022 of gift of equity shares September 10, (5,000) Sale of equity KJMC Financial Services Limited Cash 2 700.00 Not related 2024 shares Sonakshi Agarwal March 2, 2017 89,048 Purchase of Copthall Mauritius Investment Ltd. Cash 2 112.30 Not related equity shares September 21, 8,500 Purchase of Dr. Anand Agarwal jointly with Shalini Agarwal Cash 2 175.00 Not related 2020 equity shares July 20, 2022 (5,000) Sale of equity KJMC Financial Services Limited Cash 2 850.00 Not related shares September 13, (3,000) Sale of equity Growfast Securities & Credit Limited Cash 2 1,000.00 Not related 2022 shares September 14, (2,000) Sale of equity Growfast Securities & Credit Limited Cash 2 1,000.00 Not related 2022 shares October 12, (1,000) Sale of equity Amar Alliance Equity Research Private Limited Cash 2 475.00 Not related 2022 shares March 23, 2023 (2,000) Sale of equity Growfast Securities & Credit Limited Cash 2 450.00 Not related shares May 8, 2023 (1,000) Sale of equity Growfast Securities & Credit Limited Cash 2 450.00 Not related shares May 16, 2023 (2,000) Sale of equity Growfast Securities & Credit Limited Cash 2 450.00 Not related shares September 19, (9,000) Sale of equity Growfast Securities & Credit Limited Cash 2 700.00 Not related 2024 shares Shaarav Pratik Agarwal July 6, 2017 44,524 Transfer by way Pratik Pravin Agarwal N.A. 2 N.A.* Father gift of equity shares (2,500) Sale of equity Growfast Securities & Credit Limited Cash 2 900.00 Not related August 23, 2022 shares 15May 29, 2023 (5,000) Sale of equity Growfast Securities & Credit Limited Cash 2 450.00 Not related shares September 23, (8,000) Sale of equity Growfast Securities & Credit Limited Cash 2 700.00 Not related 2024 shares Reyansh Pratik Agarwal July 6, 2017 44,524 Transfer by way Pratik Pravin Agarwal N.A. 2 N.A.* Father gift of equity shares (2,500) Sale of equity Growfast Securities & Credit Limited Cash 2 900.00 Not related August 29, 2022 shares May 23, 2023 (5,000) Sale of equity Growfast Securities & Credit Limited Cash 2 450.00 Not related shares September 24, (8,000) Sale of equity Growfast Securities & Credit Limited Cash 2 700.00 Not related 2024 shares Ankit Agarwal March 2, 2017 Purchase of Cash 2 112.30 Not related 83,312 Copthall Mauritius Investment Limited equity shares Purchase of Cash 2 112.30 Not related 29 Jardine Fleming Intl Mgt Ing equity shares Purchase of Cash 2 112.30 Not related 424 Pictet Targeted Fund (Mauritius) Ltd equity shares Purchase of Cash 2 112.30 Not related 100 Quantum Fund N V equity shares Purchase of Cash 2 112.30 Not related 100 Templeton Emerging Markets Invest Trust equity shares Purchase of Cash 2 112.30 Not related 100 Templeton Global Strategy SICAV equity shares Purchase of Cash 2 112.30 Not related 100 Templeton Asset Management Ltd equity shares Purchase of Cash 2 112.30 Not related 6,220 P Coppin equity shares Purchase of Cash 2 112.30 Not related 6,240 Yang Lei equity shares Purchase of Cash 2 112.30 Not related 3,544 Julian H R Cooper equity shares Purchase of Cash 2 112.30 Not related 3,180 Yang Lei equity shares Purchase of Cash 2 112.30 Not related 1,299 The Hongkong and Shanghai Banking Corp. Ltd. equity shares Purchase of Citibank N A Jt Ac Chandrakant Ratilal Mody Heta A. Mody, Ajay Cash 2 112.30 Not related 25 equity shares Chandrakant Mody Purchase of Cash 2 112.30 Not related 41 Citibank N A Jt Ac S J Sheth equity shares Purchase of Cash 2 112.30 Not related 32 Citibank N A Jt Ac Shantaben J Sheth equity shares 16Purchase of Cash 2 112.30 Not related 2,000 Flavian Joseph Pinto equity shares Purchase of Cash 2 112.30 Not related 800 Ajit Patel equity shares Purchase of Cash 2 112.30 Not related 2,690 Zhou Yidong equity shares Purchase of Cash 2 112.30 Not related 2,840 Kevin Moulton equity shares Purchase of Cash 2 112.30 Not related 17,110 Deutsche Bank Trust Company Americas equity shares Purchase of Cash 2 112.30 Not related 2,100 Shefali Gore Macedo equity shares Purchase of Cash 2 112.30 Not related 300 Gautam Chand Mehta equity shares Purchase of Cash 2 112.30 Not related 988 Leena Gautam Chand Mehta equity shares Purchase of Cash 2 112.30 Not related 182 Leena G. Mehta equity shares Purchase of Cash 2 112.30 Not related 140 Dharmendra Singhvi equity shares Purchase of Cash 2 112.30 Not related 200 Jagdish Damodar Gajria equity shares Purchase of Cash 2 112.30 Not related 100 Jhamandas Metharam Ganglani equity shares Purchase of Cash 2 112.30 Not related 30 Narendra Daulat Thakur equity shares Purchase of Cash 2 112.30 Not related 400 Mylasamy Karuppa Gounder equity shares Purchase of Cash 2 112.30 Not related 50 Rajiv Tandon equity shares Purchase of Cash 2 112.30 Not related 50 Shubha Nanda equity shares Purchase of Cash 2 112.30 Not related 80 Mukul Jain equity shares Purchase of Cash 2 112.30 Not related 20 Nikhil Harshad Desai equity shares Purchase of Cash 2 112.30 Not related 100 Suhani A Marfatia equity shares Purchase of Cash 2 112.30 Not related 36 Tarla Shashikant Shah equity shares Purchase of Cash 2 112.30 Not related 75 Anoop Mittra equity shares Purchase of Cash 2 112.30 Not related 569 Ebrahim Zahoor Sonde equity shares Purchase of Cash 2 112.30 Not related 200 Dr. Rahul Sharad Phadke equity shares 17Purchase of Cash 2 112.30 Not related 200 Dr. Rahul Sharad Phadke equity shares Purchase of Cash 2 112.30 Not related 250 Naished T. Vashi equity shares Purchase of Cash 2 112.30 Not related 100 Shahajahan Sultan Merchant equity shares Purchase of Cash 2 112.30 Not related 250 Deevyesh Harshadrai Mody equity shares Purchase of Cash 2 112.30 Not related 180 Harsha Mukesh Desai equity shares Purchase of Cash 2 112.30 Not related 100 Dinesh Babubhai Shukla equity shares Purchase of Cash 2 112.30 Not related 250 Saurabh Menon equity shares Purchase of Cash 2 112.30 Not related 49 Velavan Subramaniam equity shares Purchase of Cash 2 112.30 Not related 1,000 Neville Sam Deboo equity shares Purchase of Cash 2 112.30 Not related 230 Kiran Manohardas Jasani equity shares Purchase of Cash 2 112.30 Not related 100 Samir Chandrakant Patel equity shares Purchase of Cash 2 112.30 Not related 618 Sundeep Shashikant Patel equity shares Purchase of Cash 2 112.30 Not related 375 Kalyani Dilip Goradia equity shares Purchase of Cash 2 112.30 Not related 308 Dilip Dwarkadas Goradia equity shares Purchase of Cash 2 112.30 Not related 240 Shilpa Sharad Phadke equity shares Purchase of Cash 2 112.30 Not related 200 Shilpa Sharad Phadke equity shares Purchase of Cash 2 112.30 Not related 2,000 Pratik Nalinchandra Gandhi equity shares Purchase of Cash 2 112.30 Not related 300 Prashant Deokaran Rathi equity shares Purchase of Cash 2 112.30 Not related 269 Mukund S Shah equity shares Purchase of Cash 2 112.30 Not related 116 Rajeshkumar Rameshchandra Shah equity shares Purchase of Cash 2 112.30 Not related 900 Samir Shrikrishna Salvi equity shares Purchase of Cash 2 112.30 Not related 240 Swaminathan Iyer equity shares Purchase of Cash 2 112.30 Not related 3,400 Subrat Kar equity shares 18Purchase of Cash 2 112.30 Not related 20 Naresh Jayavant Chaudhari equity shares Purchase of Cash 2 112.30 Not related 349 Sneha Rajesh Jagtiani equity shares Purchase of Cash 2 112.30 Not related 250 H Bhaskar Nayak equity shares Purchase of Cash 2 112.30 Not related 600 Mahesh Kumar Rawat equity shares Purchase of Cash 2 112.30 Not related 100 Amit Vinoo Tibrewala equity shares Purchase of Cash 2 112.30 Not related 475 Vijay Prataprai Modi equity shares Purchase of Cash 2 112.30 Not related 450 Dharmeshkumar Dineshchandra Desai equity shares Purchase of Cash 2 112.30 Not related 1,015 Falgunibahen Dharmeshkumar Desai equity shares Purchase of Cash 2 112.30 Not related 3,494 Priti Anand Patel equity shares Purchase of Cash 2 112.30 Not related 50 Jayesh A Chokshi equity shares Purchase of Cash 2 112.30 Not related 2,375 Harish Chander Udianand Chhimwal equity shares Purchase of Cash 2 112.30 Not related 768 Rajeshkumar Damodardas Raipancholia equity shares Purchase of Cash 2 112.30 Not related 2,623 Rakesh Mistry equity shares Purchase of Cash 2 112.30 Not related 435 Harish S Patel equity shares Purchase of Cash 2 112.30 Not related 408 Harish S Patel equity shares Purchase of Cash 2 112.30 Not related 1,004 Kishore Daulat Ramchandani equity shares Purchase of Cash 2 112.30 Not related 600 Anurag Hasija equity shares Purchase of Cash 2 112.30 Not related 781 Umakant Patel equity shares Purchase of Cash 2 112.30 Not related 1,256 Dineshchandra C Shah equity shares Purchase of Cash 2 112.30 Not related 676 Prasad Vasant Sawant equity shares Purchase of Cash 2 112.30 Not related 100 Umakant Manharlal Desai equity shares Purchase of Cash 2 112.30 Not related 50 Thirunavukkarasu Kunjithapatham equity shares Purchase of Cash 2 112.30 Not related 40 Mohammed Aijaz Khan equity shares 19Purchase of Cash 2 112.30 Not related 1,174 Majid Jabdi Khan equity shares Purchase of Cash 2 112.30 Not related 35 Kansara Chandrakant Jekishandas equity shares Purchase of Cash 2 112.30 Not related 775 Anoop Maheshwari equity shares Purchase of Cash 2 112.30 Not related 105 Vincent Paul Sequeira equity shares Purchase of Cash 2 112.30 Not related 60 Alwyn Viegas equity shares Purchase of Cash 2 112.30 Not related 100 P. Ramesh Shetty equity shares Purchase of Cash 2 112.30 Not related 10 Veeraraghavan Mahadevan equity shares Purchase of Cash 2 112.30 Not related 140 Mohammad Murtuza Khan equity shares Purchase of Cash 2 112.30 Not related 100 Cosmas Francis Fernandes equity shares Purchase of Cash 2 112.30 Not related 140 Kishore Naraindas Dalwani equity shares Purchase of Cash 2 112.30 Not related 20 Rakesh Dindayal Jaisinghani equity shares Purchase of Cash 2 112.30 Not related 40 Bharat Topandas Hotwani equity shares Purchase of Cash 2 112.30 Not related 100 Sony Elias equity shares Purchase of Cash 2 112.30 Not related 20 Anthony Bruno Fernandes equity shares Purchase of Cash 2 112.30 Not related 10 Kalpna Gupta equity shares Purchase of Cash 2 112.30 Not related 50 Hemant Shirish Parekh equity shares Purchase of Cash 2 112.30 Not related 1,200 Praveen Gang equity shares Purchase of Cash 2 112.30 Not related 800 Gokul Suwalalji Jain equity shares Purchase of Cash 2 112.30 Not related 300 K V Balasubramanian equity shares Purchase of Cash 2 112.30 Not related 380 Varghese V Mathai equity shares Purchase of Cash 2 112.30 Not related 100 Hitenkumar Prataprai Dawda equity shares Purchase of Cash 2 112.30 Not related 3,000 Sudhakar Reddy Madi Reddy equity shares Purchase of Cash 2 112.30 Not related 100 Uday Keshavji Dhanani equity shares 20Purchase of Cash 2 112.30 Not related 100 Syed Ali Ziauddin equity shares Purchase of Cash 2 112.30 Not related 40 Jabbar Kaliloor Rahman equity shares Purchase of Cash 2 112.30 Not related 3,795 Rakesh Shalibhadra Jhaveri equity shares August 26, 2022 (5,000) Sale of equity Growfast Securities & Credit Limited Cash 2 900.00 Not related shares September 13, (4,000) Sale of equity Growfast Securities & Credit Limited Cash 2 1,000.00 Not related 2022 shares September 16, (3,000) Sale of equity Growfast Securities & Credit Limited Cash 2 1,000.00 Not related 2022 shares October 12, (3,000) Sale of equity Amar Alliance Equity Research Private Limited Cash 2 475.00 Not related 2022 shares December 2, (1,500) Sale of equity Amar Alliance Equity Research Private Limited Cash 2 475.00 Not related 2022 shares March 23, 2023 (4,000) Sale of equity Growfast Securities & Credit Limited Cash 2 450.00 Not related shares May 8, 2023 (3,000) Sale of equity Growfast Securities & Credit Limited Cash 2 450.00 Not related shares May 16, 2023 (3,000) Sale of equity Growfast Securities & Credit Limited Cash 2 450.00 Not related shares June 4, 2024 (5,000) Sale of equity KJMC Financial Services Limited Cash 2 625.00 Not related shares July 8, 2024 (16,000) Sale of equity Amar Alliance Equity Research Private Limited Cash 2 625.00 Not related shares September 13, (6,000) Sale of equity KJMC Financial Services Limited Cash 2 700.00 Not related 2024 shares Shashikant Chimanlal Bhartia October 16, 25 Purchase of ** Cash 2 530.00 ** 2023 equity shares January 14, 2025 50 Purchase of ** Cash 2 670.00 ** equity shares Deepakkumar Chimanlal Bhartia March 26, 2025 1,500 Purchase of Dhankirti Investor Service Private Limited Cash 2 528.00 Not related equity shares * The transaction is in the nature of gift. ** The details of names of the counterparty, nature of relationship with such counterparty for the secondary transaction is not traceable with our Company. For details, see, “Risk Factors - Our Company is a public limited company and may be unable to impose restrictions on the transfer of securities by our Shareholders, on account of which there are certain corporate records in relation to secondary transactions entered into by our Additional Promoters and Additional Promoter Group which are not traceable. We cannot assure you that regulatory proceedings or actions will not be initiated against us which may impact our financial condition and reputation and we will not be subject to any penalty imposed by the competent regulatory authority in this regard” on page 6 of this Addendum. 21(c) Details of Minimum Promoters’ Contribution and lock-in for three years Pursuant to Regulations 14 and 16 of the SEBI ICDR Regulations, an aggregate of 20% of the fully diluted post-Offer equity share capital of our Company held by our Promoters is required to be provided towards Minimum Promoters’ Contribution and locked-in for a period of three years from the date of Allotment and our Promoters’ shareholding in excess of 20% shall be locked-in for a period of twelve months from the date of Allotment (“Minimum Promoters’ Contribution”). Our Additional Promoters’ shareholding in excess of 20% shall be locked in for a period of one year from the date of the Allotment. Set forth below are the details of the Equity Shares that will be locked-in as Minimum Promoters’ Contribution from the date of Allotment: Name of Number Date of Nature of Number Face Issue/ % of % of the of Equity allotment/ transaction of Equity value Acquisition pre- the Promoter Shares acquisition/ Shares per price per Offer fully having transfer of locked-in equity equity share equity diluted face value equity shares share (₹) (₹) share post- of ₹ 2 capital Offer each equity share capital [●] [●] [●] [●] [●] [●] [●] [●] [●] Note: To be updated at the Prospectus stage. For details on the build-up of the equity share capital of our Company held by our Additional Promoters, see “-Share capital build-up of our Additional Promoters” on page 8 of this Addendum. Our Promoters have given consent to include such number of Equity Shares held by it, in aggregate, as may constitute 20% of the fully diluted post-Offer Equity Share capital of our Company as Minimum Promoters’ Contribution. Our Additional Promoters have agreed not to dispose, sell, transfer, charge, pledge or otherwise encumber in any manner the Minimum Promoters’ Contribution from the date of the Draft Red Herring Prospectus, until the expiry of the lock-in period specified above, or for such other time as required under SEBI ICDR Regulations, except as may be permitted, in accordance with the SEBI ICDR Regulations. The Equity Shares that are being locked-in are not, and will not be, ineligible for computation of Minimum Promoters’ Contribution under Regulation 15 of the SEBI ICDR Regulations. In this regard, we confirm that: (i) the Equity Shares offered as part of the Minimum Promoters’ Contribution do not comprise (a) Equity Shares acquired during the three years immediately preceding the date of the Draft Red Herring Prospectus (a) for consideration other than cash, and wherein revaluation of assets or capitalization of intangible assets was involved, or (b) Equity Shares arising pursuant to a bonus issue out of revaluations reserves or unrealized profits of our Company or from a bonus issue against the Equity Shares that are otherwise ineligible for computation of Minimum Promoters’ Contribution ; (ii) the Minimum Promoters’ Contribution does not include Equity Shares acquired during the one year immediately preceding the date of the Draft Red Herring Prospectus at a price lower than Offer Price; (iii) our Company has not been formed by conversion of a partnership firm into a company and hence, no Equity Shares have been issued in the one year immediately preceding the date of the Draft Red Herring Prospectus pursuant to conversion of a partnership firm; and (iv) the Equity Shares held by our Additional Promoters and offered as part of the Minimum Promoters’ Contribution are not subject to any pledge. All the Equity Shares held by our Additional Promoters, are in dematerialized form. (d) Other requirements in respect of lock-in Pursuant to Regulation 21 of the SEBI ICDR Regulations, the Equity Shares held by our Additional Promoters and locked- in may be pledged only with scheduled commercial banks or public financial institutions or a Systemically Important NBFC or a housing finance company as collateral security for loans granted by such entities, provided that such pledge of the Equity Shares is one of the terms of the sanction of the loan. Equity Shares locked-in as Minimum Promoters’ Contribution for three years or such other periods, as may be prescribed under the SEBI ICDR Regulations can be pledged 22only if in addition to fulfilling the aforementioned requirements, such loans have been granted by such banks or financial institutions for the purpose of financing one or more of the objects of the Offer. However, such lock-in will continue pursuant to any invocation of the pledge and the transferee of the Equity Shares pursuant to such invocation shall not be eligible to transfer the Equity Shares until the expiry of the lock-in period stipulated above. In terms of Regulation 22 of the SEBI ICDR Regulations, the Equity Shares held by our Additional Promoters and locked- in pursuant to Regulation 16 of the SEBI ICDR Regulations for a period of three years or such other periods, as may be prescribed under the SEBI ICDR Regulations, may be transferred amongst our Promoters and any member of the Promoter Group or to a new promoter, subject to continuation of lock-in applicable to the transferee for the remaining period and compliance with provisions of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended (the “Takeover Regulations”). Such transferees are not eligible to transfer such transferred Equity Shares till the expiry of the lock-in period. 2. Shareholding of our Additional Promoters and the members of the Additional Promoter Group As on the date of this Addendum, our Additional Promoters hold an aggregate of 2,083,438 face value of ₹2 each, constituting 1.65% of the issued, subscribed and paid-up Equity Share capital of our Company and 1.48% of the issued, subscribed and paid-up share capital of our Company on a fully-diluted basis (i.e. assuming conversion of outstanding CCPS and exercise of vested RSUs as on the date of this Addendum). As on the date of this Addendum, our Additional Promoters and Additional Promoter Group do not hold any CCPS in our Company. As on the date of this Addendum, the members of the Additional Promoter Group hold an aggregate of 932,441 Equity Shares of face value of ₹2 each, constituting 0.75% of the issued, subscribed and paid-up Equity Share capital of our Company. The details of the shareholding our Additional Promoters and members of the Additional Promoter Group is set forth below: S. Name of the Shareholder Number of Equity Shares of Percentage of the pre-Offer Percentage of the No. face value of ₹2 each Equity Share capital on a post-Offer Equity fully diluted basis (%)^ Share capital (%)* Additional Promoters 1. Pravin Agarwal 1,126,210 0.80 [●] 2. Pratik Pravin Agarwal 957,228 0.68 [●] Additional Promoter Group 3. Jyoti Agarwal 45,000 0.03 [●] 4. Ankit Agarwal 566,836 0.40 [●] 5. Sonakshi Agarwal 168,496 0.12 [●] 6. Shaarav Pratik Agarwal 71,048 0.05 [●] 7. Reyansh Pratik Agarwal 71,048 0.05 [●] 8. Deepakkumar Chimanlal Bhartia 1,538 Negligible [●] 9. Shashikant Chimanlal Bhartia 8,425 0.01 [●] 10. Taradevi Chimanlal Bhartia 50 Negligible [●] * To be updated in the Prospectus to be filed with the RoC. ^ The pre-Offer equity share capital of our Company on a fully diluted basis has been computed (a) assuming conversion of all outstanding 15,317,134 CCPS of face value of ₹10 each of our Company into maximum of 15,317,134 Equity Shares of face value of ₹2 each; and (b) pursuant to exercise of all outstanding RSUs that are vested as on the date of this Addendum, under the RSU Plans. 3. None of our Additional Promoters and Additional Promoter Group have purchased or sold any specified securities of our Company, during the six months immediately preceding the date of this Addendum. 4. There are no financing arrangements whereby our Additional Promoters or Additional Promoter Group have financed the purchase of any specified securities of our Company, by any other person other than in the normal course of business, during the six months immediately preceding the date of Addendum. 235. Our shareholding pattern Set forth below is the shareholding pattern of our Company as on the date of this Addendum: Share Number of shares No. of Voting Rights held in each class of holdin Number of locked- pledged or securities (IX) g as a in shares (XII) otherwise % encumbered (XIII) assumi Sharehol No. of Voting Rights ng full ding as a conver No. of No. of % of sion of No. of shares partly shares total no. conver underlying Number of paid- underl of shares tible No. of No. of fully Total No. shares outstanding equity shares Category Category of the up ying (calculat securit As a Sharehold paid-up equity held (VII) = convertible As a held in (I) Shareholder (II) equity Deposit ed as per Total ies (as % of ers (III) shares held (IV) (IV)+(V)+ (VI) securities % of dematerialized shares ory SCRR, as a % a % of total (including total form (X held Receipt 1957) As of total diluted No. (a) shar No. (a) Class: Equity warrants) (X) shares (V) s (VI) a % of Total voting share es Shares held (A+B+C rights capital held (b) 2) (VIII) (XI)=( (b) VII)+ (X) as a % of (A+B+ C2) * Promoters and (A) 14 90,468,803 - - 90,468,803 71.82 90,468,803 90,468,803 71.82 - 64.03 - - - - 90,468,803 Promoter Group (B) Public 107,497^& 35,496,909 - - 35,496,909 28.18 35,496,909 35,496,909 28.18 35,496,909 35.97 62,108 0.05 62,108 0.05 49,906,454 Non-Promoter-Non (C) Public - - - - - - - - - - - - Shares underlying (1) Custodian/Depository - - - - - - - - - - - - - - - - Receipts Shares held by (2) - - - - - - - - - - - - - - - - Employee Trusts Total (A)+(B)+(C) 107,511& 125,965,712 - - 125,965,712 100 125,965,712 125,965,712 100.00 15,317,134 100.00 62,108 0.05 62,108 0.05 140,375,257 Note: The total number of Shareholders has been computed based on the beneficiary position statement dated March 13, 2026. * Calculated on the basis of total Equity Shares held and such number of Equity Shares which will result upon conversion of 15,317,134 outstanding CCPS into a maximum of Equity Shares of face value of ₹2 each, prior to the filing of the Red Herring Prospectus with the RoC. ^ Inclusive of 3 Shareholders holding only CCPS in our Company. & Inclusive of 2 Shareholders holding both Equity Shares and CCPS in our Company. 246. None of the Additional Promoters are directly or indirectly related to the BRLMs or their associates. 7. Our Company shall ensure that transactions in the securities of our Company, including any transactions of Equity Shares by our Additional Promoters and Additional Promoter Group, during the period between the date of filing of this Addendum and the date of closure of the Offer shall be reported to the Stock Exchanges within 24 hours of such transaction. 8. Our Additional Promoters and Additional Promoter Group shall not participate in the Offer and will not receive any proceeds from the Offer, except by way of participation as Selling Shareholders, as applicable, in the Offer for Sale. 25OBJECTS OF THE OFFER The disclosures in the section titled “Objects of the Offer” beginning on page 118 of the Draft Red Herring Prospectus shall be read with the following additional details: Our Additional Promoters and Additional Promoter Group do not have any interest in the proposed acquisition of the equipment or in the entity from whom we have obtained quotations in relation to such proposed acquisition of the equipment. Other confirmations There is no proposal whereby the Additional Promoters and Additional Promoter Group will receive any portion of the Offer proceeds. There are no material existing or anticipated transactions in relation to utilisation of Net Proceeds with our Additional Promoters or Additional Promoter Group. 26SECTION IV: ABOUT OUR COMPANY HISTORY AND CERTAIN CORPORATE MATTERS The disclosures in the section titled “History and Certain Corporate Matters” beginning on page 250 of the Draft Red Herring Prospectus shall be read with the following additional details: Shareholders’ agreements and other material agreements As of the date of this Addendum, except as disclosed in “- Details regarding material acquisitions or divestments or slump sale of business/ undertakings, mergers, amalgamations or any revaluation of assets, in the last 10 years” on page 253 of the Draft Red Herring Prospectus, there are no other arrangements or agreements, deeds of assignment, inter-se agreements, any agreements between our Company, our Additional Promoters and/or our Shareholders, agreements of like nature and clauses/ covenants which are material to our Company and which are required to be disclosed, or the non-disclosure of which may have a bearing on the investment decision of prospective investors in the Offer. There are no agreements with our Additional Promoters and members of Additional Promoter Group, entered into amongst themselves or with our Company or with a third party, solely or jointly, which, either directly or indirectly or potentially or whose purpose and effect is to, impact the management or control of our Company or impose any restriction or create any liability upon our Company, including any rescission, amendment or alteration of such agreements, whether or not our Company is a party to such agreements. Other confirmations None of our Additional Promoters have entered into an agreement, either by themselves or on behalf of any other person, with any Shareholder or any other third party with regard to compensation or profit sharing in connection with the dealings of the securities of our Company. 27OUR MANAGEMENT The disclosures in the section titled “Our Management” beginning on page 263 of the Draft Red Herring Prospectus shall be read with the following additional details: Interest of Directors Other than our Additional Promoters, none of our Directors have any interest in the promotion or formation of our Company. 28OUR PROMOTERS AND PROMOTER GROUP The disclosures in the section titled “Our Promoters and Promoter Group” beginning on page 279 of the Draft Red Herring Prospectus shall be read with the following additional details: Our Promoters The Promoters of our Company as on the date of this Addendum are: 1. Anil Agarwal; 2. Pravin Agarwal; 3. Pratik Pravin Agarwal; and 4. Twin Star Overseas Limited. As on the date of this Addendum, our Additional Promoters collectively hold 2,083,438 Equity Shares, constituting 1.65% of the pre-Offer Equity Share capital of our Company of our Company and 1.48% of the pre-Offer Equity Share capital of our Company on a fully diluted basis (i.e., assuming conversion of all outstanding 15,317,134 CCPS of face value of ₹10 each of our Company into maximum of 15,317,134 Equity Shares of face value of ₹2 each; and (b) pursuant to exercise of all outstanding RSUs that are vested as on the date of this Addendum under the RSU Plans). Further, as on the date of this Addendum, our Individual Promoters do not hold any CCPS in our Company. For further details of shareholding in our Company of our Additional Promoters, please see the section titled “Capital Structure – Share capital build up of our Additional Promoters", on page 8 of this Addendum. Details of our Additional Promoters Pravin Agarwal, aged 71 years, is one of the Promoters and the Chairman and Non- Executive Director of our Company. For details of his educational qualifications, residential address, date of birth, experience, positions and posts held in the past, other directorships and interest in other entities, business, financial activities and special achievements, see “Our Management” on page 263 of the Draft Red Herring Prospectus. His PAN is ADCPA9816F Pratik Pravin Agarwal, aged 43 years, is one of the Promoters and the Managing Director of our Company. For details of his educational qualifications, residential address, date of birth, experience, positions and posts held in the past, other directorships and interest in other entities, business, financial activities and special achievements, see “Our Management” on page 263 of the Draft Red Herring Prospectus. His PAN is ADYPA7745D Our Company confirms that the permanent account number, bank account numbers, passport number, Aadhar card number, and driving license number of our Additional Promoters, will be submitted to the Stock Exchanges at the time of filing this Addendum. Change in control of our Company 29Anil Agarwal and Twin Star Overseas Limited are the original promoters of our Company. Further, Pravin Agarwal and Pratik Pravin Agarwal have been identified as the Additional Promoters of the Company pursuant to a circular resolution dated March 19, 2026, passed by our Board. There has been no change in control of the Company in the five immediately preceding years. Interests of our Additional Promoters Our Additional Promoters are interested in our Company to the extent they are promoters of our Company and to the extent of their respective shareholding in our Company and shareholding of their relatives in our Company, if any and dividend payable, if any, and other distributions in respect of the Equity Shares held by them. For details of the shareholding of our Additional Promoters in our Company, please see the section entitled “Capital Structure – History of share capital build-up of the Additional Promoters, details of secondary transactions involving the Additional Promoters and Additional Promoter Group, Minimum Promoter’s Contribution and lock-in requirements - Shareholding of our Additional Promoters” on page 8 of this Addendum. Our Additional Promoters have no interest in any property acquired in the three years preceding the date of this Addendum or any property that is proposed to be acquired by our Company or in any transaction by our Company for acquisition of land, construction of building or supply of machinery. No sum has been paid or agreed to be paid to our Additional Promoters or to any firm or company in which our Additional Promoters are interested in cash or shares or otherwise by any person, either to induce any of our Additional Promoters to become, or qualify them as a director, or otherwise, for services rendered by such Additional Promoter(s) or by such firm or company in connection with the promotion or formation of our Company. Except for the directorships mentioned in “Our Management – Our Board” on page 263 of the Draft Red Herring Prospectus, our Additional Promoters do not have any interest in any venture that is involved in any activities similar to those conducted by our Company. Our Additional Promoters are not interested as a member in any firm or company which has any interest in the promotion our Company. None of our Additional Promoters and Additional Promoter Group have any conflict of interest with the lessors of immovable properties of our Company which are crucial for the operations of our Company. Further, none of our Additional Promoters and Additional Promoter Group have any conflict of interest with the suppliers of raw materials and third-party service providers of our Company (which are crucial for operations of our Company). Payment or benefits to our Additional Promoters and their respective Additional Promoter Groups Except as disclosed in the section entitled “Other Financial Information – Related Party Transactions” on page 427 of the Draft Red Herring Prospectus, no amount or benefit has been paid or given by our Company to the Additional Promoters, or their respective Additional Promoter Groups during the two years preceding the filing of this Addendum nor is there any intention to pay or give any amount or benefit to the Additional Promoters, or their respective Additional Promoter Groups. Material guarantees given by our Additional Promoters to third parties with respect to Equity Shares Our Additional Promoters have not given any material guarantee to any third party with respect to the Equity Shares of our Company as on the date of this Addendum. Companies or firms with which our Additional Promoters have disassociated in the last three years Except as disclosed below, none of our Additional Promoters have disassociated themselves from any company or firm during the three years immediately preceding the date of this Addendum: Name of our Additional Name of entity from which our Reasons, nature or Date of disassociation Promoter Additional Promoter has circumstances for disassociated disassociation Pratik Pravin Agarwal Sharper Shape Group Inc. Cessation from directorship on April 16, 2024 account of resignation due to pre- occupation Asilia Technologies Private Cessation from directorship on September 6, 2023 Limited account of resignation due to pre- occupation 30Promoter Group As on the date of this Addendum, the following individuals and entities constitute the Additional Promoter Group in terms of Regulation 2(1)(pp) of the SEBI ICDR Regulations, in addition to our Additional Promoters as set out below: Individuals forming part of the Additional Promoter Group As on the date of this Addendum, the individuals forming part of the Additional Promoter Group (other than the respective Additional Promoters) are as follows: Name of the Promoter Name of the Promoter Group member Relationship Pravin Agarwal Navin Agarwal^ Brother Suman Didwania^ Sister Jyoti Agarwal Spouse Ankit Agarwal Son Taradevi Chimanlal Bhartia Mother-in-law Brijmohan Chimanlal Bhartia Brother-in-law Deepakkumar Chimanlal Bhartia Brother-in-law Navalkishore Chimanlal Bhartia Brother-in-law Shashikant Chimanlal Bhartia Brother-in-law Pushpa Arunkumar Makharia Sister-in-law Pratik Pravin Agarwal Jyoti Agarwal Mother Ankit Agarwal Brother Sonakshi Agarwal Spouse Shaarav Pratik Agarwal Son Reyansh Pratik Agarwal Son Sushil Khaitan Father-in-law Asha Sushil Khaitan Mother-in-law Pragun Jindal Khaitan Brother-in-law Vaidehi Kanoria* Sister-in-law * An application dated March 19, 2026, has been submitted to the SEBI under Regulation 300(1)(c) of the SEBI ICDR Regulations, seeking exemption for disclosing information and confirmations from Vaidehi Kanoria (“Non-Cooperating Individual”) and entities/ and bodies corporates/ firms/ HUFs (“Non-Cooperating Entities”, along with Non-Cooperating Individual, “Non-Cooperating Group”) in which the Non-Cooperating Individual have/may have interest (individually or in aggregate with Pratik Pravin Agarwal, one of our Individual Promoters), as part of the promoter group of Pratik Pravin Agarwal, one of our Individual Promoters, in terms of the SEBI ICDR Regulations based on the information as available in the public domain. Since our Company has not been able to procure relevant information, from, and in relation to, the Non-Cooperating Group and to comply with the provisions of the SEBI ICDR Regulations, our Company has included disclosures pertaining to the Non-Cooperating Group in this Addendum to the best of our Company’s knowledge and to the extent the information was available and accessible in the public domain published on the websites of, inter-alia, Watchout Investors, CIBIL, Stock Exchanges, MCA and crime check. Further, in the absence of such from the Non-Cooperating Individual, our Company is also unable to identify an exhaustive list of its relevant entities as member of the Promoter Group, other than to the best of our Company’s knowledge and to the extent the information was available and accessible in the public domain. For details, please see, “Risk Factors – The sister-in-law of one of our Individual Promoters, Pratik Pravin Agarwal, who is deemed to be a member of the Promoter Group under the SEBI ICDR Regulations, has declined to be identified as such and has not provided any information in respect of herself and the relevant entities as Promoter Group. Consequently, we cannot assure you that the disclosures relating to such member of the Promoter Group are complete or up-to-date” on page 6 of this Addendum. ^ Also a member of promoter group of Anil Agarwal, one of our Individual Promoters. Entities forming part of the Additional Promoter Group The entities forming part of the Additional Promoter Group are as follows: Sr. No. Particulars Pravin Agarwal 1. Asilia Technologies Private Limited 2. Anil Agarwal Discretionary Trust 3. Ankit Agarwal Family Trust 4. Arunkumar Radhakrishna (HUF) 5. Hare Krishna Packaging Private Limited 6. Ikria Wellness Private Limited 7. Maia Resources LLP 8. NAN Partners LLP 9. Pratik Agarwal Family Trust 10. Pravin Agarwal Discretionary Trust 11. Pravin Agarwal Family Trust 12. Suvi Trading Private Limited 3113. The Pravin Agarwal Foundation 14. Universal Floritech LLP 15. Vedanta Incorporated (erstwhile Volcan Investments Ltd) 16. 117KayPi Limited Pratik Pravin Agarwal 1. Asilia Technologies Private Limited 2. Ankit Agarwal Family Trust 3. Asha Alloys Private Limited 4. Aurelon Health Trading LLC 5. Herbs Nutriproducts Private Limited 6. Jindal Aluminium Limited 7. Jindal Naturecare Limited 8. Meta Holdings Services Private Limited 9. Pratik Agarwal Family Trust 10. Pravin Agarwal Discretionary Trust 11. Pravin Agarwal Family Trust 12. S A Khaitan Trust 13. S Jindal HUF 14. S R Jindal Family Trust 15. Supras Metals Private Limited 16. The Pravin Agarwal Foundation 17. Universal Floritech LLP 18. Wakeflo Private Limited 19. 117KayPi Limited 32SECTION V: LEGAL AND OTHER INFORMATION OUTSTANDING LITIGATIONS AND MATERIAL DEVELOPMENTS The disclosures in the section titled “Outstanding Litigations and Material Developments” beginning on page 469 of the Draft Red Herring Prospectus shall be read with the following additional details: I. Litigation involving our Additional Promoters Criminal litigation against our Additional Promoters As on the date of this Addendum, there are no criminal litigations against our Additional Promoters. Actions taken by regulatory and statutory authorities As on the date of this Addendum, there are no actions taken by regulatory and statutory authorities against our Additional Promoters. Other material litigations As on the date of this Addendum, there are no other material litigations against our Additional Promoters. Disciplinary actions including penalty imposed by the SEBI or Stock Exchanges in the last five financial years There have been no disciplinary actions including penalty imposed by the SEBI or Stock Exchanges in the last five financial years from the date of this Addendum against our Additional Promoters. Litigation by our Additional Promoters Criminal litigation Except as disclosed in the section titled “Outstanding Litigations and Material Developments - Litigation involving our Directors - Litigation by our Directors - Criminal litigation” on page 473 of the Draft Red Herring Prospectus, as on the date of this Addendum, there are no criminal litigations by our Additional Promoters. Other material litigations As on the date of this Addendum, there are no other material litigations by our Additional Promoters. Tax claims Except as disclosed below, there are no outstanding litigations involving claims related to direct and indirect taxes involving our Additional Promoters. Nature of case Number of cases Amount involved (in ₹ million)# Direct Tax Nil Nil Indirect Tax Nil Nil 33OTHER REGULATORY AND STATUTORY DISCLOSURES The disclosures in the section titled “Other Regulatory and Statutory Disclosures” beginning on page 482 of the Draft Red Herring Prospectus shall be read with the following additional details: Prohibition by SEBI, RBI or other Governmental Authorities Our Additional Promoters and members of the Additional Promoter Group confirm that, they are not prohibited from accessing the capital markets or debarred from buying, selling or dealing in securities under any order or direction passed by SEBI or any securities market regulator in any other jurisdiction or any other authority/court. Our Additional Promoters are not directors or promoters of any other company which has been debarred from accessing the capital markets by SEBI. Our Additional Promoters have not been declared as Wilful Defaulters or Fraudulent Borrowers by any bank or financial institution or consortium thereof in accordance with the guidelines on Wilful Defaulters or Fraudulent Borrowers issued by the RBI. Our Additional Promoters have not been declared as Fugitive Economic Offenders. Confirmation under Companies (Significant Beneficial Owners) Rules, 2018 Our Additional Promoters confirm that they are in compliance with the Companies (Significant Beneficial Owners) Rules, 2018, as amended to the extent applicable, as on the date of this Addendum. Eligibility for the Offer The status of compliance of our Company with the conditions as specified under Regulations 5 and 7(1) of the SEBI ICDR Regulations are as follows: (i) Our Additional Promoters and members of the Additional Promoter Group are not debarred from accessing the capital markets by SEBI; (ii) Our Additional Promoters are not promoters or directors of companies which are debarred from accessing the capital markets by SEBI; (iii) Our Additional Promoters are not a Wilful Defaulter or Fraudulent Borrower; (iv) Our Additional Promoters have not been declared as a Fugitive Economic Offender; and (v) The Equity Shares of our Additional Promoters and members of the Additional Promoter Group, are in dematerialised form. Exemption from complying with any provisions of SEBI ICDR Regulations Except as disclosed below and on page 497 of the Draft Red Herring Prospectus, our Company has not filed or obtained any exemption from SEBI from strict compliance with any provisions of securities laws from SEBI as on the date of this Addendum: An application dated March 19, 2026, has been submitted to the SEBI under Regulation 300(1)(c) of the SEBI ICDR Regulations, seeking exemption for disclosing information and confirmations from Vaidehi Kanoria (“Non-Cooperating Individual”) and entities/ and bodies corporates/ firms/ HUFs (“Non-Cooperating Entities”, along with Non-Cooperating Individual, “Non- Cooperating Group”) in which the aforesaid persons have/may have interest (individually or in aggregate with Pratik Pravin Agarwal, one of our Individual Promoters), as part of the promoter group of Pratik Pravin Agarwal, one of our Individual Promoters, in terms of the SEBI ICDR Regulations based on the information as available in the public domain. Since our Company has not been able to procure relevant information, from, and in relation to, the Non-Cooperating Group and to comply with the provisions of the SEBI ICDR Regulations, our Company has included disclosures pertaining to the Non- Cooperating Group in this Addendum to the best of our Company’s knowledge and to the extent the information was available and accessible in the public domain published on the websites of, inter-alia, Watchout Investors, CIBIL, Stock Exchanges, MCA and crime check. Further, in the absence of such information from the Non-Cooperating Individual, our Company is also unable to identify an exhaustive list of the relevant entities as members of the Promoter Group, other than to the best of our Company’s knowledge and to the extent the information was available and accessible in the public domain. For details, please see, “Risk Factors – The sister-in-law of one of our Individual Promoters, Pratik Pravin Agarwal, who is deemed to be a member of the Promoter Group under the SEBI ICDR Regulations, has declined to be identified as such and has not provided any information in respect of herself and the relevant entities as Promoter Group. Consequently, we cannot assure you that the disclosures relating to such member of the Promoter Group are complete or up-to-date” on page 6 of this Addendum. 34SECTION VI: OFFER INFORMATION OFFER PROCEDURE The disclosures in the section titled “Offer Procedure” beginning on page 508 of the Draft Red Herring Prospectus shall be read with the following additional details: Participation by the Additional Promoters and the Additional Promoter Group and the persons related to the Additional Promoters and the Additional Promoter Group Our Additional Promoters and Additional Promoter Group shall not participate by applying for Equity Shares in the Offer, except in accordance with the applicable law. Furthermore, persons related to our Additional Promoters and Additional Promoter Group shall not apply in the Offer under the Anchor Investor Portion. For the purposes of the above, it is clarified that a qualified institutional buyer who has rights under a shareholders’ agreement or voting agreement entered into with any of our Additional Promoters or members of the Additional Promoter Group, veto rights or a right to appoint any nominee director on our Board, shall be deemed to be a person related to our Additional Promoters or members of the Additional Promoter Group. Bids by Anchor Investors No person related to the Additional Promoters or Additional Promoter Group shall apply under the Anchor Investors category. 35DECLARATION I hereby certify and declare that all relevant provisions of the Companies Act and the rules, guidelines or regulations issued by the Government of India and the rules, guidelines or regulations issued by SEBI, established under Section 3 of the SEBI Act, as the case may be, have been complied with and no statement made in this Addendum is contrary to the provisions of the Companies Act, the SCRA, the SCRR, the SEBI Act, each as amended or rules made or guidelines or regulations notified thereunder, as the case may be. I further certify that all statements, disclosures and undertakings made in this Addendum are true and correct. SIGNED BY THE DIRECTOR OF OUR COMPANY _______________________________________ Pravin Agarwal Chairman and Non-Executive Director Date: March 19, 2026 Place: Delhi 36DECLARATION I hereby certify and declare that all relevant provisions of the Companies Act and the rules, guidelines or regulations issued by the Government of India and the rules, guidelines or regulations issued by SEBI, established under Section 3 of the SEBI Act, as the case may be, have been complied with and no statement made in this Addendum is contrary to the provisions of the Companies Act, the SCRA, the SCRR, the SEBI Act, each as amended or rules made or guidelines or regulations notified thereunder, as the case may be. I further certify that all statements, disclosures and undertakings made in this Addendum are true and correct. SIGNED BY THE DIRECTOR OF OUR COMPANY ________________________________________ Pratik Pravin Agarwal Managing Director Date: March 19, 2026 Place: Tokyo 37DECLARATION I hereby certify and declare that all relevant provisions of the Companies Act and the rules, guidelines or regulations issued by the Government of India and the rules, guidelines or regulations issued by SEBI, established under Section 3 of the SEBI Act, as the case may be, have been complied with and no statement made in this Addendum is contrary to the provisions of the Companies Act, the SCRA, the SCRR, the SEBI Act, each as amended or rules made or guidelines or regulations notified thereunder, as the case may be. I further certify that all statements, disclosures and undertakings made in this Addendum are true and correct. SIGNED BY THE DIRECTOR OF OUR COMPANY ________________________________________ Manish Kumar Srivastava Whole-time Director (Additional) Date: March 19, 2026 Place: Mumbai 38DECLARATION I hereby certify and declare that all relevant provisions of the Companies Act and the rules, guidelines or regulations issued by the Government of India and the rules, guidelines or regulations issued by SEBI, established under Section 3 of the SEBI Act, as the case may be, have been complied with and no statement made in this Addendum is contrary to the provisions of the Companies Act, the SCRA, the SCRR, the SEBI Act, each as amended or rules made or guidelines or regulations notified thereunder, as the case may be. I further certify that all statements, disclosures and undertakings made in this Addendum are true and correct. SIGNED BY THE DIRECTOR OF OUR COMPANY ________________________________________ Alipt Sharma Nominee Director (Non-Executive Non Independent) Date: March 19, 2026 Place: Mumbai 39DECLARATION I hereby certify and declare that all relevant provisions of the Companies Act and the rules, guidelines or regulations issued by the Government of India and the rules, guidelines or regulations issued by SEBI, established under Section 3 of the SEBI Act, as the case may be, have been complied with and no statement made in this Addendum is contrary to the provisions of the Companies Act, the SCRA, the SCRR, the SEBI Act, each as amended or rules made or guidelines or regulations notified thereunder, as the case may be. I further certify that all statements, disclosures and undertakings made in this Addendum are true and correct. SIGNED BY THE DIRECTOR OF OUR COMPANY ________________________________________ Sachin Nandgaonkar Non-Executive Independent Director Date: March 19, 2026 Place: Mumbai 40DECLARATION I hereby certify and declare that all relevant provisions of the Companies Act and the rules, guidelines or regulations issued by the Government of India and the rules, guidelines or regulations issued by SEBI, established under Section 3 of the SEBI Act, as the case may be, have been complied with and no statement made in this Addendum is contrary to the provisions of the Companies Act, the SCRA, the SCRR, the SEBI Act, each as amended or rules made or guidelines or regulations notified thereunder, as the case may be. I further certify that all statements, disclosures and undertakings made in this Addendum are true and correct. SIGNED BY THE DIRECTOR OF OUR COMPANY ________________________________________ Anupa Rajiv Sahney Non-Executive Independent Director Date: March 19, 2026 Place: Mumbai 41DECLARATION I hereby certify and declare that all relevant provisions of the Companies Act and the rules, guidelines or regulations issued by the Government of India and the rules, guidelines or regulations issued by SEBI, established under Section 3 of the SEBI Act, as the case may be, have been complied with and no statement made in this Addendum is contrary to the provisions of the Companies Act, the SCRA, the SCRR, the SEBI Act, each as amended or rules made or guidelines or regulations notified thereunder, as the case may be. I further certify that all statements, disclosures and undertakings made in this Addendum are true and correct. SIGNED BY THE DIRECTOR OF OUR COMPANY ________________________________________ Alampallam Ramakrishnan Narayanaswamy Non-Executive Independent Director Date: March 19, 2026 Place: Mumbai 42DECLARATION I hereby certify and declare that all relevant provisions of the Companies Act and the rules, guidelines or regulations issued by the Government of India and the rules, guidelines or regulations issued by SEBI, established under Section 3 of the SEBI Act, as the case may be, have been complied with and no statement made in this Addendum is contrary to the provisions of the Companies Act, the SCRA, the SCRR, the SEBI Act, each as amended or rules made or guidelines or regulations notified thereunder, as the case may be. I further certify that all statements, disclosures and undertakings made in this Addendum are true and correct. SIGNED BY THE GROUP CHIEF EXECUTIVE OFFICER OF OUR COMPANY ________________________________________ Frederic Andre M Trefois Group Chief Executive Officer Date: March 19, 2026 Place: Switzerland 43DECLARATION I hereby certify and declare that all relevant provisions of the Companies Act and the rules, guidelines or regulations issued by the Government of India and the rules, guidelines or regulations issued by SEBI, established under Section 3 of the SEBI Act, as the case may be, have been complied with and no statement made in this Addendum is contrary to the provisions of the Companies Act, the SCRA, the SCRR, the SEBI Act, each as amended or rules made or guidelines or regulations notified thereunder, as the case may be. I further certify that all statements, disclosures and undertakings made in this Addendum are true and correct. SIGNED BY THE CHIEF FINANCIAL OFFICER OF OUR COMPANY ________________________________________ Monica Madan Chief Financial Officer Date: March 19, 2026 Place: Gurgaon 44

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