Zuari Industries Limited has issued a formal public notice to its equity shareholders, warning of the impending transfer of shares to the Investor Education and Protection Fund (IEPF) in accordance with the provisions of Section 124 of the Companies Act, 2013, read with the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. The notice, dated 11th May 2026 and signed by Company Secretary Yadvinder Goyal from Gurugram, was published in Business Standard (All India editions, English) and Lokmat (Goa edition, Marathi) on 12 May 2026.

Regulatory Basis for Share Transfer

Under the applicable statutory framework, equity shares on which dividends have remained unclaimed or unpaid for seven consecutive years or more are required to be transferred to the IEPF. The company has identified shareholders whose dividends have remained unclaimed or unpaid starting from the financial year 2018-19 and all subsequent years thereafter, making their shares liable for transfer to the IEPF Authority.

The key details of the notice are summarised below:

Action Required by Shareholders

The company has uploaded the details of affected shareholders — including names, folio numbers, and DP ID-Client ID information — on its website at www.zuarindustries.com under the "Investors" section. Shareholders are urged to verify whether their shares are listed as liable for transfer.

To prevent the transfer of shares to the IEPF Authority, concerned shareholders must submit the requisite documents to the company's Registrar and Share Transfer Agent (RTA) — M/s. Zuari Finserv Limited, A-32, First Floor, Mohan Cooperative Industrial Estate, Mathura Road, Badarpur, New Delhi – 110044 — and claim their unclaimed dividends on or before 4 October 2026. No further notice will be issued by the company before initiating the transfer.

Process for Physical and Demat Shareholders

The procedure differs depending on the mode in which shares are held:

• Physical form shareholders: The company will issue new share certificates in lieu of original certificates held by them. Upon issuance of new certificates, the company will inform the depository via Corporate Action to convert the new certificates into dematerialised form and transfer them to the IEPF. Original share certificates will stand automatically cancelled and be deemed non-negotiable upon such issuance.
• Demat form shareholders: The company will inform the relevant depository via Corporate Action to transfer the shares to the IEPF Authority's demat account, resulting in a debit to the shareholder's demat account.

Consequences of Transfer and Reclaim Process

Once shares are transferred to the IEPF, all future benefits accruing on such shares — including bonus shares, rights shares, and dividends — will also be transferred to the IEPF Authority. Shareholders should note that no claim will lie against the company in respect of unclaimed dividends and shares transferred to the IEPF pursuant to the applicable rules.

However, shareholders whose shares and unclaimed dividends have been transferred to the IEPF may reclaim them by submitting an online application in the prescribed form to the IEPF Authority, along with the physical copy of required documents to the company's Nodal Officer. For any queries or assistance, shareholders may contact the company's RTA at Tel: +91-11-46474000 or Email: rtad@adventz.zuarimoney.com .

Zuari Industries Limited has received a regulatory declaration from Aashti Agarwala dated April 2, 2026, confirming compliance with Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations. The declaration addresses encumbrance requirements under Regulation 31(4) for the financial year ended March 31, 2026.

Regulatory Declaration Details

The declaration confirms that Aashti Agarwala, along with persons acting in concert, has not created any new encumbrances on the company's shares during FY26. The filing specifically states that no encumbrances were made directly or indirectly on Zuari Industries shares, other than those already disclosed to stock exchanges and the company.

Filing Recipients and Compliance

The declaration was submitted to multiple regulatory and corporate entities to ensure comprehensive compliance. The filing was addressed to Zuari Industries' Audit Committee at the company's registered office in Zuari Nagar, Goa, along with both major stock exchanges where the company's shares are listed.

Signatory Authorization

V Venugopalan signed the declaration as the authorized signatory on behalf of Aashti Agarwala from Kolkata. The filing demonstrates the formal process required for regulatory compliance under SEBI's substantial acquisition and takeover regulations.

This regulatory filing demonstrates ongoing compliance with SEBI's substantial acquisition and takeover regulations, which require periodic disclosures regarding share encumbrances by significant shareholders and persons acting in concert.