Disclosure of material issue

JHS Svendgaard Retail Ventures (#JHSRETAIL) has made a strategic move, investing ₹8.5 Cr in 7% Optionally Convertible Debentures (OCDs) of Purple Rock Infra Pvt Ltd. Each OCD is priced at ₹10. **Issue & Impact:** This investment is a *related party transaction*, as JHS's promoter also holds an equity stake in Purple Rock.

The company states this is an "arm's length" transaction.

The investment is aimed at strengthening long-term business relations and gaining a strategic foothold in the infrastructure sector.

Purple Rock, incorporated in March 2024, has an authorized and paid-up capital of ₹10 Lakh.

This move could potentially give JHS an equity stake in an infrastructure company in the future, diversifying its business interests.