SPNP Paper and Pack, a wholly owned subsidiary of Nidhi Granites, has entered into a Share Purchase Agreement dated 16 March 2026 with NGL Corporation for the sale of its 100% shareholding in Fine Papyrus, which is a step-down subsidiary of the Company. </P> Upon completion of the transaction, Fine Papyrus shall cease to be a step-down subsidiary of Nidhi Granites. </P>