Tirth Plastic Limited has executed a Memorandum of Understanding (MOU) with Mannibhadra Agro Private Limited (MAPL) on 13th May, 2026, establishing a framework for strategic association and proposed investment. The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The MOU was signed by both parties and the disclosure was submitted by Managing Director Mr. Jigar Mukeshbhai Shah (DIN: 06605922).

Key Details of the MOU

The following table summarises the key parameters of the MOU as disclosed under Regulation 30:

Objectives of the Strategic Association

The MOU outlines a broad framework for collaboration between the two companies. The key objectives include:

• Strategic business collaboration between the parties
• Proposed investment by Tirth Plastic Limited into Mannibhadra Agro Private Limited
• Expansion of agro trading and allied business operations
• Development of domestic and international business opportunities
• Financial and strategic participation by Tirth Plastic Limited in Mannibhadra Agro Private Limited
• Future expansion, scaling, and business integration opportunities

Terms and Expected Benefits

The parties have expressed their desire to establish a strategic association for long-term business cooperation, investment participation, and expansion of agro-related business activities. The MOU is expected to facilitate strategic growth, business diversification, expanded market reach across domestic and international segments, enhanced financial participation, and long-term value creation for both parties.

It is important to note that no definitive agreements have been entered into at this stage. The MOU remains non-binding and is contingent upon the execution of definitive agreements, completion of due diligence, and receipt of applicable statutory and regulatory approvals. The proposed acquisition of approximately 20% stake in Mannibhadra Agro Private Limited is also subject to valuation and the aforementioned conditions.

Tirth plastic has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The certificate covers the quarter ended March 31, 2026, and was filed on April 13, 2026.

Regulatory Compliance Certificate

The company filed the mandatory certificate under Regulation 74(5) of SEBI regulations, confirming proper handling of securities dematerialization during the quarter. Managing Director Jigar Mukeshbhai Shah signed the certificate on behalf of the company.

Key Certifications

The certificate confirms two critical compliance aspects:

• Securities received for dematerialization have been mutilated and cancelled after due verification
• The depository's name has been substituted in company records as the registered owner within stipulated timeframes
• Dematerialized securities are listed on stock exchanges where the company's earlier issued securities are traded

Registrar Confirmation

Satellite Corporate Services Private Limited, serving as the company's Registrar and Transfer Agent, provided the underlying certificate dated April 6, 2026. The registrar confirmed that physical share certificates received for dematerialization have been properly processed and that the securities are listed on stock exchanges.

Filing Distribution

The certificate was submitted to multiple regulatory bodies and depositories. BSE Limited received the primary filing, while copies were sent to National Securities Depository Limited and Central Depository Services India Limited, ensuring comprehensive regulatory compliance across all relevant authorities.

This quarterly filing represents standard regulatory compliance for listed companies, ensuring transparency in securities dematerialization processes and maintaining investor confidence in the company's adherence to SEBI regulations.