Regulatory Disclosure

We, Mefcom Capital Markets Limited, a SEBI Registered Category-I Merchant Banker (Registration No. INM000000016), hereby confirm that all activities offered and undertaken by our Merchant Banking Division are regulated by the Securities and Exchange Board of India (SEBI) except for certain fee-based, non-fund-based private placement services for unlisted companies, which may not be regulated by SEBI or any other financial sector regulator.

This disclosure is made in terms of Clause 11.2.6 of the SEBI Circular no. HO/49/11/11(106)2025-CFD-RAC-DIL3/I/1796/2026 dated January 2, 2026 on “Specification of the consequential requirements with respect to Amendment of Securities and Exchange Board of India (Merchant Bankers) Regulations, 1992