5222872026-09-255222872026-09-252026-09-25iso4217:INRxbrli:pure522287KALPATARU PROJECTS INTERNATIONAL LIMITEDKPILNOTLISTEDINE220B01022Updatefalse2026-09-2501:13:002026-09-092026-09-162026-09-25Sale or disposal of unit(s)/division(s)/subsidiaryIn accordance with Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR Regulations”), as amended from time to time, the Company vide its intimation dated 09th September, 2026 had informed that the Board of Directors of Kalpataru Power Transmission Sweden AB (“KPTS”), a wholly owned subsidiary of the Company at its meeting held on 09th September, 2026, inter-alia, considered and approved the offering of equity shares held in Linjemontage I Grästorp AB, a (96.12%) first level step down material subsidiary of the Company (“LMG”) in the initial public offering being announced by LMG and listing of LMG’s shares on Nasdaq Stockholm. The offering is expected to consist of existing shares in LMG offered by KPTS and certain other selling shareholders being management investors (together, the “Selling Shareholders”). The offer by Selling Shareholders of equity shares having quota value of SEK 0.50 each is being made at an offer price representing a valuation for all shares in LMG following the offering of upto approximately SEK 2,350 million (equivalent to approx. Indian Rupees 2,324 Crores at current exchange rate), subject to such revisions as may be permissible under applicable laws and other customary requirements. The proposed offering remains subject to, inter alia, prevailing market conditions, receipt of necessary approvals and clearances, and such other customary considerations as may be applicable. Upon completion of the proposed offering and listing, LMG is expected to continue to remain a step-down subsidiary of the Company. The Company vide its intimation dated 16th September, 2026 had further updated that the Board of Directors of LMG on 16th September, 2026, has, inter-alia, considered and approved the Prospectus in connection with the initial public offering of LMG, which also comprises of sale up to 15,466,413 equity shares (including green shoe option) of quota value of SEK 0.50 each held by Kalpataru Power Transmission Sweden AB, for a consideration of SEK 46 per share, representing approximately up to 30.19% equity share capital of LMG. Further, LMG has on 16th September, 2026 received approval from the Swedish Financial Supervisory Authority (SFSA) on Prospectus in relation to the initial public offering.Transaction CompletedIn accordance with Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR Regulations”), as amended from time to time, and in furtherance to our earlier intimation(s) dated 09th September, 2026 and 16th September, 2026 submitted to the stock exchanges, this is to further update that the Board of Directors of LMG on 24th September, 2026, has, inter-alia, considered and approved the offer for sale (Offering) by existing shareholders and admission of LMG’s equity shares for trading on Nasdaq Stockholm, effective today, 25th September, 2026. Key Details of the Offering: Total Size: Up to 16,458,363 equity shares at SEK 46 per share (quota value SEK 0.50 each), representing up to ~32.1% of LMG's total shares, comprising 14,311,620 shares in the base offering and up to 2,146,743 additional shares subject to the exercise of the over-allotment / green shoe option (which may or may not be exercised in whole or in part). Selling Shareholders: 13,319,670 shares by Kalpataru Power Transmission Sweden AB (“KPTS”) in the base offering, plus up to 2,146,743 additional shares by KPTS, subject to the exercise of the over-allotment / green shoe option, and 991,950 shares by employee/director shareholders. Stabilization Mechanism: Above mentioned additional 2,146,743 shares provided by KPTS equivalent to 15% of the total Offering will be used by issue managers (merchant bankers) for price stabilization under Article 5(4) of the EU Market Abuse Regulation (MAR), exercisable within 30 calendar days from listing. Upon full subscription and assuming full exercise of the over-allotment / green shoe option, the stake held by KPTS, in LMG will decrease from current 96.12% (49,240,500 shares) to 65.93% (33,774,087 shares), and KPTS will receive gross proceeds of SEK ~711.45 million, subject to customary adjustments, issue expenses, and set-offs. In case over-allotment / green shoe option is not utilised or partially utilised or shares were purchased back by issue managers as part of stabilisation measures, exchanges will be informed accordingly no later than 30 calendar days from the first day of trading i.e. 25th September, 2026. The above information was received by the Company from LMG on 25th September, 2026 at about 01:13 a.m. IST.68830000002026-09-251