CHAMBAL BREWERIES & DISTILLERIES LIMITED : UPDATE ON DRAFT SCHEME OF AMALGAMATION

• Board of Chambal Breweries approved the draft scheme of amalgamation with Invade Agro Limited on June 29, 2026. • Invade Agro Limited's Board deferred consideration of the draft scheme on June 29, 2026. • The deferral was due to the agenda papers being circulated shortly before the meeting, providing insufficient time for review. • Independent Directors of Invade Agro Limited required more time to evaluate the documents. • The scheme will be taken up for consideration at forthcoming board meetings of both companies. • Implementation requires approval from both boards and subsequent statutory/regulatory approvals. Impact: Neutral (Administrative update on scheme progress; consideration deferred by one party pending further review.)

Chambal Breweries & Distilleries Ltd

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