Wheels India Approves ₹2,197.10 Floor Price QIP

Summary of Key Information:

Nature of Filing / Announcement: Regulatory filing regarding the approval and launch of a Qualified Institutional Placement (QIP).

Corporate Actions:

Fundraising / Financing:

• The Fundraise Committee approved the launch of a Qualified Institutional Placement (QIP) of equity shares.
• The face value of each equity share is ₹10.
• The floor price for the Issue has been set at ₹2,197.10 per Equity Share.
• The company may offer a discount of not more than 5% on this floor price.
• The 'relevant date' for determining the floor price is September 24, 2026.
• A preliminary placement document dated September 24, 2026, was approved and is to be filed with the exchanges.
• The final Issue Price will be determined in consultation with the lead manager and is scheduled to be approved at a subsequent Committee meeting on September 25, 2026.

Other Significant Information:

Compliance: This communication is submitted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.