Business Description

NOTE 1: ORGANIZATION AND BUSINESS OPERATIONS Shreya Acquisition Group (the “Company”) is a blank check company with limited liability incorporated in the Cayman Islands on June 25, 2025. The Company was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar Business Combination with one or more businesses or entities, which the Company refers to as a “target business” (the “Business Combination”). The Company does not have any specific Business Combination under consideration and the Company has not (nor has anyone on its behalf), directly or indirectly, contacted any prospective target business or had any substantive discussions, formal or otherwise, with respect to such a transaction. Although the Company may pursue an initial Business Combination opportunity in any business, industry or geographic region, it intends to focus its search on businesses operating in the health and wellness, hospitality, media and entertainment, shipping, infrastructure and waterways tourism sectors. The Company will not consummate a Business Combination with a target whose auditor is not subject to inspection by the Public Company Accounting Oversight Board (“PCAOB”) for two consecutive years and does not intend to pursue a target with operations in China that are conducted through a variable interest entity (“VIE”) structure. As of June 30, 2026, the Company had not yet commenced any operations. All activity for the period from June 25, 2025 (inception) through June 30, 2026 relates to the Company’s formation and its initial public offering (the “Initial Public Offering”), which is described below. The Company will not generate any operating revenues until after the completion of a Business Combination, at the earliest. The Company will generate non-operating income in the form of interest income from the proceeds derived from the Initial Public Offering. The Company has selected June 30 as its fiscal year end. The Company’s founder and sponsor is Thews (Mauritius) Limited (the “Sponsor”). Financing The registration statement for the Company’s Initial Public Offering was declared effective on May 6, 2026. On May 8, 2026, the Company consummated the Initial Public Offering of 11,000,000 units including 1,000,000 additional public units as the underwriters’ Over-Allotment Option was partially exercised (the “Units” and, with respect to the Class A ordinary shares included in the Units being offered, the “Public Shares”), at $ 10.00 per Unit, generating gross proceeds of $ 110,000,000 (see Note 3). Simultaneously with the consummation of the Initial Public Offering and the sale of the Units, the Company consummated the private placement (“Private Placement”) of 191,750 units (the “Private Placement Units”, and, with respect to the Class A ordinary shares included in the Private Placement Units being sold, the “Private Placement Shares”) to the Sponsor, at a price of $ 10.00 per unit, generating gross proceeds of $ 1,917,500 (see Note 4). In addition, the Sponsor made a $100 capital contribution to the Company in connection with the funding of the Trust Account. Transaction costs amounted to $ 1,731,694 , consisting of $ 600,000 of cash underwriting fees, $ 600,000 of deferred underwriting fees which will be paid on the consummation of an initial Business Combination, $ 171,600 representing the fair value of the Representative Shares issued to the underwriter (see Note 6) and $ 360,094 of other offering costs, including legal and filing fees. While the Company generally must acquire one or more target businesses having an aggregate fair market value equal to at least 80% of the balance in the Trust Account (excluding any taxes payable on income earned on the Trust Account) at the time the Company executes a definitive agreement for its initial Business Combination, this requirement does not apply if the Company is delisted from the New York Stock Exchange. An independent third-party valuation is only required if the board cannot make this determination or if the target is affiliated with insiders. The Company expects to acquire 100% of a target’s equity or assets but may acquire less or merge directly with the target.…