This is with reference to our: (i) letter dated April 17, 2025 to the BSE Limited and the National Stock Exchange of India Limited (collectively, the 'Stock Exchanges') enclosing a copy of the press release made by ABB Limited, announcing its intention to spin off its global robotics business; (ii) letter dated August 2, 2025 wherein the Company had informed the Stock Exchanges that the board of directors of the Company ('Board') has approved: (a) appointment of registered valuers to carry out a valuation of the Company's robotics business ('Robotics Business'); and (b) the incorporation of a wholly-owned subsidiary which can eventually house the Robotics Business of the Company; and (iii) letter dated October 8, 2025 to the Stock Exchanges enclosing a copy of the press release made by ABB Limited, announcing its intention to divest its robotics business to the SoftBank Group. Pursuant to the above, the Company incorporated ABB Robotics India Private Limited ('INRBT') as a wholly owned subsidiary on September 22, 2025. Based on the recommendation of the Audit Committee the Board, at its meeting held today, i.e., January 26, 2026, considered and approved: (a) the sale of the Company's shareholding in INRBT to ABB Robotics Schweiz AG (Switzerland) ('ARSAG') for a consideration of Rs. 1,00,000/- (Rupees One Lakh only) along with pre and post incorporation expenses ('Share Transfer'); (b) the subsequent transfer of the Company's Robotics Business to INRBT on a slump sale basis for a consideration of value not less than Rs. 1568,20,00,000/- (Rupees One Thousand Five Hundred Sixty Eight Crores and Twenty Lakhs only) ('Business Transfer'). (c ) Approved the Postal Ballot Notice to seek shareholders' approval for Material Related Party Transaction involving sale of the Company's Robotics Business to INRBT. The Postal Ballot Notice shall be filed with the exchanges separately and shall be sent to the shareholders in due course. The details in relation to Share Transfer and Business Transfer, as required under SEBI LODR read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are attached herewith as Annexure I and Annexure II, respectively. This is in furtherance to our letter dated: (a) January 26, 2026, wherein the Company had informed the BSE Limited and National Stock Exchange of India Limited ('Stock Exchanges') that the Board of Directors of the Company has approved, inter alia, the transfer of the Company's Robotics Business to ABB Robotics India Private Limited on a slump sale basis for a consideration of Rs. 1568,20,00,000/- (Rupees One Thousand Five Hundred Sixty-Eight Crores and Twenty Lakhs only) ('Business Transfer'); and (b) February 27, 2026 wherein the Company had informed the Stock Exchanges that the public shareholders of the Company have approved the Business Transfer. We would now like to inform you that on March 1, 2026, at 11.51 pm the Company has executed a Business Transfer Agreement ('BTA') with ABB Robotics India Private Limited for the Business Transfer. The disclosures made by us in accordance with Regulation 30 of the Listing Regulations read with SEBI Master Circular dated November 11, 2024, bearing reference number No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated, in relation to the Business Transfer pursuant to our letter dated January 26, 2026 were based on information that was available at the time of such communication, and we had indicated that the same would be updated upon execution of the BTA Please see set out below the relevant updates: (i) Date on which the agreement for sale has been entered into: The BTA was entered on, March 1, 2026. (ii) The expected date of completion of sale/ disposal: The Business Transfer is effective from March 01, 2026. The payment of consideration and completion of closing actions are expected to take place in line with our disclosure on Business Transfer dated January 26, 2026. You are requested to take this on record. (As Per BSE Announcement Dated on 02.03.2026)