Rishiroop Ltd. has informed stock exchanges that its Board of Directors, in a meeting held on May 16, 2026, approved the renewal of a leave and license agreement with Rishiroop Polymers Private Limited, a promoter group entity and related party. The renewal extends the agreement for a further period of 11 months, up to July 7, 2027, and was accorded approval following the prior consent of the Audit Committee. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agreement Details and Key Terms

The renewed agreement pertains to office premises located at 1005, The Summit Business Bay, Behind WEH Metro Station, Andheri East, Mumbai – 400 093, covering a carpet area of 1,000 sq. ft. The terms and conditions of the renewed agreement remain unchanged from those approved in the Board meeting held on August 12, 2024. The key terms of the agreement are outlined below:

Counterparty and Related Party Disclosure

The counterparty to the agreement, Rishiroop Polymers Private Limited, is part of the promoter and promoter group of Rishiroop Ltd. and holds 30.96% of the paid-up capital of the listed entity as on the date of disclosure. Some directors of the listed entity also serve as directors and shareholders of Rishiroop Polymers Private Limited. The listed entity holds no shareholding in Rishiroop Polymers Private Limited.

The transaction falls within the scope of related party transactions under applicable regulations. The company has confirmed that the transaction has been executed on an arm's length basis, and the agreement does not have any impact on the management or control of the listed entity.

Regulatory Compliance

The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. The company has stated that no security deposit is payable under the agreement, and the monthly rental obligation of Rs. 2,50,000/- (exclusive of GST) to Rishiroop Polymers Private Limited constitutes the primary financial liability arising from the arrangement. The filing was signed by Agnelo A. Fernandes, Company Secretary of Rishiroop Ltd.

Rishiroop Ltd , in its board meeting held on May 16, 2026, designated Key Managerial Personnel (KMPs) as authorized officials for the purpose of determining the materiality of events or information and for disclosing the same to the stock exchange. This disclosure was made pursuant to Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was communicated to the Department of Corporate Services, BSE Ltd.

Designated KMPs and Contact Details

The board has authorized the following Key Managerial Personnel to serve as official points of contact for material event disclosures. All three officials are based at the company's registered office at 1005, The Summit Business Park, Behind WEH Metro Station, Andheri-Kurla Road, Andheri (East), Mumbai – 400093.

Regulatory Compliance

The disclosure was filed in accordance with Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed companies to designate authorized personnel responsible for identifying and communicating material events to stock exchanges. Rishiroop Ltd has confirmed that the updated contact details of the designated KMPs will also be uploaded on the company's official website for public reference.

The filing was signed by Agnelo A. Fernandes, Company Secretary, on behalf of Rishiroop Limited.