Royal India Sells 10% EQPL Stake via Subsidiary

Entity Involved: Suryam India Minecorp Private Limited, a wholly owned subsidiary of Royal India Corporation Limited
Transaction: Transfer of 9,00,981 equity shares representing 10% of the paid-up equity share capital of Exclusive Quarries Private Limited (EQPL)
Buyer: Sumantra Techsoft Private Limited
Completion Date: July 31, 2026
Consideration Received: ₹1,44,15,696 (Rupees One Crore, Forty-Four Lakhs, Fifteen Thousand, Six Hundred and Ninety-Six Only)

As per Annexure A disclosure requirements:

Revenue Contribution: EQPL contributed ₹49,52,363, representing approximately 1.07% of total revenue (based on standalone figures as of March 31, 2026)
Net Worth Contribution: EQPL's net worth stood at ₹9,29,53,331, representing approximately 6.79% of total net worth

Pre-transfer Shareholding: Suryam held 51% of EQPL
Post-transfer Shareholding: Suryam holds 41% of EQPL
Status Change: EQPL has ceased to be a subsidiary of Suryam India Minecorp Private Limited and accordingly ceases to be a stepdown subsidiary of Royal India Corporation Limited

Buyer: Sumantra Techsoft Private Limited
Address: F-16, Alaknanda Complex, Press Complex, M.P. Nagar Zone-I, Bhopal, Madhya Pradesh-462011, India
Relationship: Buyer does not belong to the promoter/promoter group/group companies

Agreement Status: No share purchase agreement was executed for this transaction
Filing Authority: Signed by Nitin Kamalkishore Gujral, Director (DIN: 08184605)
Company CIN: L45400MH1984PLC032274