Further to our letter No. SEC/SE/050/2026-27 dated July 30, 2026 intimating the proposed acquisition of ST Advanced Composites Private Limited, we wish to inform you that the execution of Share Purchase Agreement between the Parties has been completed today ie., August 25, 2026 for acquiring 100% of equity shares of ST Advanced Composites Private Limited (\Target Company\) for a total consideration of about Rs. 10 Crores (Rs. 1.50 Cr. to the Promoters towards acquisition of Equity Shares and Rs. 8.50 Cr. as a loan to the Target Company to enable it to settle its liabilities). \r\n\r\nPlease find the disclosure enclosed herewith. \r\n