MAFATLAL : ACQUIRES 20% MORE IN SUBSIDIARY PIEFLOWTECH FOR RS 25 L

• Board approved acquisition of 20,00,000 equity shares (20% of paid-up capital) of Pieflowtech Solutions Pvt Ltd from existing shareholder Mr. Dipyaman Baral • Aggregate consideration ₹25 L; company's stake in PSPL to rise from 60% to 80% on completion • Board declared interim dividend of Re 1 per equity share of ₹2 each for FY 2026-27; record date 13 November 2026, payment by 27 November 2026 • Mr. H. A. Mafatlal re-designated from Executive Director to Non-Executive Director with effect from 4 November 2026, subject to shareholder approval via postal ballot • Board approved unaudited consolidated and standalone results for Q2/H1 FY27; Price Waterhouse LLP issued limited review report with unmodified opinion

Mafatlal Industries Ltd-$

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