SPV Global Trading Ltd — Important, 09-02-2026: Company Update

The company has executed a binding term sheet to sell a 54.90% stake in its material subsidiary, Rashtriya Metal Industries Limited, to Gravita India Limited for approximately INR 310.17 Cr. This subsidiary significantly impacted the company's financials, contributing 97.36% (885.95 Cr) of consolidated turnover and 98.55% (297.48 Cr) of net worth last financial year. The divestment represents a major portfolio shift for the company. The transaction, which is not with a related party, has received prior shareholder approval and is expected to conclude by March 31, 2026.