Ajay Poly Ltd.

We are one of India's leading manufacturers of refrigeration sealing solutions, profile extrusion and glass products for theappliance industry on the basis of market share in Fiscal 2024. (Source: F&S Report, December 27, 2024) We have 61.0%market share in refrigeration sealing solutions (gaskets), 25.2% market share in rigid profile extrusion, 45.96% in total profileextrusion, 31.3% and 15.4% market share in household refrigeration glass shelves and overall toughened glass products forappliance industry in Fiscal 2024. (Source: F&S Report, December 27, 2024). We specialize in a range of toughened (tempered)glass products and glass solutions, polymer extrusion products, magnet powders and magnetic products. Our product offeringsalso include refrigerator door gaskets, thermoplastic extruded profiles, magnetic strips, polymer sheets extrusion, refrigeratorglass shelves, refrigerator glass doors, microwave glass doors, washing machine glass lids and various toughened glasscomponents for appliances. We cater to sectors such as consumer durables, commercial refrigeration and automotive sectors.Our customers are primarily appliance manufacturers (multi-national and Indian) with whom we collaborate on design anddevelopment. We manufacture our products at our ten manufacturing facilities across India which are strategically positionednear key northern, western and southern appliance manufacturing hubs of key OEM players.

Projects

1. Project Name: Repayment/ prepayment, in full or part, of certain borrowings availed by our

Project Cost: 1190

2. Project Name: Funding capital expenditure requirements towards purchase of equipment, plant and

Project Cost: 649.68