TBZ2026-10-312026-10-31TBZ2026-10-31xbrli:pureTBZTribhovandas Bhimji Zaveri LimitedUpdateOthersShare Purchase AgreementRevision, Rescission, Amendment or Alteration of agreementPromoters of the listed entity,Promoter Group entities of the listed entity,Third Partyfalse2026-10-3013:31:00false2026-08-312026-10-302026-10-312026-08-31Under the SPA, the obligations of the SPA Parties to complete the sale and purchase of 4,94,59,775 equity shares, representing 74.12% of the total paid up equity share capital of the Company (“Sale Shares”), were conditional upon, inter alia, the full and complete release, on or prior to the long stop date under the SPA, of: (a) the personal guarantees furnished by Shrikant Gopaldas Zaveri, Binaisha Shrikant Zaveri and Raashi Shrikant Zaveri (“Identified Sellers”) in favour of the lenders of the Company (and their security trustee); and (b) the mortgage created over certain immovable property of Shrikant Gopaldas Zaveri, in each case in connection with the credit facilities availed by the Company (together, the “Release Conditions”, and the release contemplated thereunder, the “Release”). As the Release Conditions may not be completed on or prior to the intended date of completion under the SPA, the SPA Parties have, pursuant to the SPA Amendment Agreement, agreed to amend the SPA to, inter alia, convert the Release Conditions into conditions subsequent to completion, to be fulfilled by the Acquirer, or by the Company with the Acquirer ensuring such fulfilment within the agreed timelines. The Acquirer has agreed to procure that the Company will protect the Identified Sellers for any costs incurred by them in relation to any enforcement action against them. The SPA Amendment Agreement does not alter the number of equity shares proposed to be transferred under the SPA. Accordingly, on and from the completion of such transfer on the closing date under the SPA, the Sellers will cease to be in control of the Company and will accordingly be de-classified from being members of the promoter/ promoter group of the Company, in accordance with Regulation 31A(10) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.7Shrikant Gopaldas Zaveri Bindu Shrikant Zaveri Binaisha Shrikant Zaveri Raashi Shrikant Zaveri Tribhovandas Bhimji Zaveri (TBZ) Private Limited Tribhovandas Bhimji Zaveri Jewellers (Mumbai) Private Limited GRT Jewellers (India) Private LimitedSPA Amendment Agreement2026-10-30Under the SPA, the obligations of the SPA Parties to complete the sale and purchase of 4,94,59,775 equity shares, representing 74.12% of the total paid up equity share capital of the Company (“Sale Shares”), were conditional upon, inter alia, the full and complete release, on or prior to the long stop date under the SPA, of: (a) the personal guarantees furnished by Shrikant Gopaldas Zaveri, Binaisha Shrikant Zaveri and Raashi Shrikant Zaveri (“Identified Sellers”) in favour of the lenders of the Company (and their security trustee); and (b) the mortgage created over certain immovable property of Shrikant Gopaldas Zaveri, in each case in connection with the credit facilities availed by the Company (together, the “Release Conditions”, and the release contemplated thereunder, the “Release”). As the Release Conditions may not be completed on or prior to the intended date of completion under the SPA, the SPA Parties have, pursuant to the SPA Amendment Agreement, agreed to amend the SPA to, inter alia, convert the Release Conditions into conditions subsequent to completion, to be fulfilled by the Acquirer, or by the Company with the Acquirer ensuring such fulfilment within the agreed timelines. The Acquirer has agreed to procure that the Company will protect the Identified Sellers for any costs incurred by them in relation to any enforcement action against them. The SPA Amendment Agreement does not alter the number of equity shares proposed to be transferred under the SPA. Accordingly, on and from the completion of such transfer on the closing date under the SPA, the Sellers will cease to be in control of the Company and will accordingly be de-classified from being members of the promoter/ promoter group of the Company, in accordance with Regulation 31A(10) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The SPA Amendment Agreement does not alter the number of equity shares proposed to be transferred under the SPA.