N R Agarwal Industries Ltd

Pursuant to Regulation 30 read with Schedule III of the SEBI Listing Regulations we wish to you that the shares of the Promoters of the Company were pledged in favour of SBICAP Trustee Company Ltd as collateral for term sanctioned by State Bank of India and Punjab National Bank. State Bank of India vide its letter dated May 17 2025 has agreed to convert the aforesaid pledge to a non-disposal undertaking. A similar modification from Punjab National Bank is awaited in due course.We shall complete the necessary formalities and make the required disclosures for release of pledge on receipt of letter from Punjab National Bank as well.