SUNITA TOOLS : ACQUIRES 50% STAKE IN BULGARIA DEFENCE JV

• Executed 50:50 JV share acquisition and strategic cooperation agreement on October 24, 2026 • To acquire 50% of issued share capital and voting rights of a Bulgaria-incorporated defence entity from the existing shareholder • Cash consideration; price to be fixed after financial, legal, tax and commercial due diligence plus independent valuation via signed price schedule • Target incorporated March 2002, defence line of business; issued and paid-up capital EUR 25,500 across 50,000 registered voting shares of EUR 0.51 each • Aims to give Sunita Tools NCAGE code and defence registrations of Finland, Sweden, Netherlands and South Korea (DAPA) for Europe/NATO access • Completion expected in about 90 days, subject to due diligence, valuation, FEMA/overseas investment rules and regulatory approvals in India and Bulgaria

Sunita Tools Ltd

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