Addendum to the Public Announcement for the Buyback of Equity Shares

Patel Integrated Logistics Limited has announced an increase in the buyback price of its equity shares from ₹18 to ₹20 per share. Additionally, the maximum number of shares to be bought back has been reduced from 60,00,000 to 54,00,000 shares, which represents up to 7.76% of the total paid-up equity share capital. An addendum to the public announcement will be published in various newspapers and made available on the company's and stock exchanges' websites.

A buyback returns cash by retiring shares, so the benefit to a holder depends on the price paid, how many of their shares are accepted, and what the stub is worth afterwards.

• Record date and acceptance ratio
• Promoter participation
• Cash left on the balance sheet afterwards