Deep Diamond India: Clarification With Respect To Proposed Acquisition Of Land.

This is to inform you that the Company had proposed the acquisition of land and in furtherance thereof entered into a Memorandum of Understanding ("MoU") dated March 06 2026 with M/s. Elegant Floriculture & Agrotech (India) Limited for the proposed acquisition of land situated at Gat No. 358 Village Mouje Kashal Taluka - Maval District Pune - 412106 Maharashtra India admeasuring 49 100 sq. mtr. Pursuant to the terms of the MoU the Company has made an aggregate advance payment of Rs. 2 85 00 000/- towards the proposed acquisition. The said amount was remitted in 10 tranches with the last tranche of the aforesaid advance payment being made on June 06 2026. The proposed acquisition is for the development of a naturopathy centre and a holistic rejuvenation centre including cultivation of medicinal plant species with a focus on organic and herb-based wellness and agro-tourism aimed at promoting preventive healthcare.