In continuation of our earlier intimation dated 25.09.2025 where SRM Energy Ltd. ("the Company") had informed the STX about execution of the Share Purchase Agreement dated b/w Spice Energy Pvt. Ltd. & Mr. Umesh Narpatchand Sanghvi along with Mrs. Sapna Sanghvi ("the Acquirers"), we hereby inform that the acquisition of 64,50,000 equity shares of the Company by the Acquirers under the SPA has been completed by the transfer of said equity shares by the Spice Energy Private Limited. As disclosed in the letter of offer dated 03.02.2026, the Acquirers had expressed their intent be classified as the "Promoters" and the Selling Company had express its intent to cease to be a part of the "Promoter/Promoter Group" of the Company. Accordingly, the Acquirers are now classified as the "Promoters" and the Spice Energy Pvt. Ltd. along with its wholly owned subsidiary, M/s. Nyra Holdings Pvt. Ltd., have ceased to be the part of the Promoter/Promoter Group of the Company