RM Drip and Sprinklers Systems Limited has disclosed, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that its subsidiary company has executed a Memorandum of Understanding (MoU) with the Government of Maharashtra. The disclosure was made on 6th May, 2026, in compliance with Schedule III of the applicable SEBI regulations.

MoU Executed at Kumbha Udyog 2026 Summit

Brahmanand Pipes Private Limited, a subsidiary of RM Drip and Sprinklers Systems Limited, signed the MoU during the "Kumbha Udyog 2026 – Nashik District Investment Summit". The agreement was executed in the presence of prominent government officials and industry representatives. Key details of the MoU are outlined below:

The signing ceremony was attended by the Hon'ble Chief Minister of Maharashtra, Shri Devendra Fadnavis, and the Hon'ble Minister of Industries, Shri Uday Samant, along with other dignitaries and government officials.

Investment Objective and Scope

Under the terms of the MoU, Brahmanand Pipes Private Limited has proposed an investment commitment of approximately INR 100 Crores for expansion and development activities within the State of Maharashtra. The proposed investment is intended towards strengthening the manufacturing and operational capabilities of the subsidiary and supporting future business growth opportunities. The investment remains subject to necessary approvals, feasibility assessments, and implementation terms.

Nature of the Agreement

RM Drip and Sprinklers Systems Limited has clarified the scope and binding nature of the MoU with the following key points:

• The MoU is in the nature of a preliminary understanding expressing the intent of investment and cooperation.
• It does not constitute a definitive binding agreement for allotment of incentives or approvals.
• The investment commitment is subject to necessary approvals and feasibility assessments.

The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was signed by Atharva Nivrutti Kedar, Managing Director (DIN 09713023), on behalf of RM Drip and Sprinklers Systems Limited.

R M Drip and Sprinklers Systems Limited has disclosed to the stock exchanges that search proceedings were conducted at the premises of its promoter directors pursuant to an order passed by the Special Judge, Securities and Exchange Board of India (SEBI). The action was taken under Section 11C(9) of the Securities and Exchange Board of India Act, 1992, as part of regulatory compliance measures.

Search Proceedings Details

The search operation was conducted over two days, commencing at 7:45 AM on Wednesday, April 22, 2026, and concluding at 02:00 AM on Thursday, April 23, 2026. The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company Statement on Impact

The company has stated that at present, there is no material impact on the financials, business operations, or any other activities of R M Drip and Sprinklers Systems Limited due to the aforementioned search proceedings. The management has assured that in the event of any material update requiring intimation under the SEBI Listing Regulations, necessary disclosures will be made in accordance with regulatory provisions.

Regulatory Disclosure Details

The company provided the following details as required under Clause 19 of Para A of Part A of Schedule III of the SEBI Listing Regulations:

The disclosure was signed by Nivrutti Pandurang Kedar, Director of R M Drip and Sprinklers Systems Limited, with DIN 06980548. The company's registered office is located at Gat No. 475, Gonde Village, Tal- Sinnar Dist. Nashik-(MH) – 422606, and its corporate office is at Shop No. 213, Shree Kalika Complex, Opp Kalika Mandir, Mumbai Naka, Nashik-422001.