QUALITY POWER Q2: ₹272.34 CR WINWIN ACQUISITION; SHAREHOLDERS APPROVE DEAL

• Acquisition: Proposed acquisition of up to 100% stake in Winwin Speciality Insulators Ltd (WSIL) • Deal Value: Total acquisition consideration of up to ₹272.34 Cr • Cash Component: Up to ₹123.84 Cr to be paid in cash • Share Issuance: Up to 10,17,123 equity shares to be issued at ₹1,460 per share, valued at approximately ₹148.50 Cr • Shareholder Approval: Special Resolution approved at the Extraordinary General Meeting held on October 19, 2026 • Regulatory Approvals: Acquisition remains subject to Share Purchase Agreement conditions and applicable regulatory approvals • QIP Update: Listing of preferentially issued shares must be completed before opening the proposed Qualified Institutions Placement (QIP) • Business Expansion: Proposed acquisition could strengthen Quality Power's high-voltage insulator manufacturing capabilities • Growth Strategy: Integration of WSIL expected to expand the product portfolio and create opportunities in domestic and international power transmission markets

QUALITY POWER ELEC EQUP L

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