ARKADE : ACQUIRES 100% OF WOOLLEN AND TEXTILE INDUSTRIES FOR RS 145.51 CR

• Share Purchase Agreement executed for 100% shares of Woollen and Textile Industries Ltd (WTIL), making it a wholly owned subsidiary • Cash consideration of ₹145.51 Cr; acquisition completed on November 3, 2026 • No regulatory approvals required for the acquisition • WTIL is in the real estate business, incorporated on February 10, 1951 • Target net worth ₹199.91 Cr as on March 31, 2026; turnover ₹0.18 Cr • Turnover trend: ₹0.73 Cr (FY24), ₹0.45 Cr (FY25), ₹0.18 Cr (FY26)

Arkade Developers Ltd

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