ACUTAAS CHEMICALS LIMITED — Proxy Solicitation & Information Statement 2024

May 12, 2024

Digitally signed by EKTA KUMARI SRIVASTAVA Date: 2024.05.11 18:01:46 +05'30'

EKTA KUMARI

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SRIVASTAVA
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Corporate Identity Number: L24100GJ2007PLC051093

Registered Office: Plot No. 440/4, 5 & 6, Road No. 82/A, GIDC Sachin, Surat – 394 230 Gujarat, India Telephone: +91 72279 77744 / 75730 15366

Email: investorinfo@amiorganics.com Website: www.amiorganics.com

CORRIGENDUM TO POSTAL BALLOT NOTICE DATED APRIL 26, 2024

Dear Member(s),

This is in continuation to the Postal Ballot Notice along with explanatory statement dated April 26, 2024 (“ Postal Ballot Notice ”) for the purpose of seeking members approval by way of Special Resolution for issue of 7,99,193 Equity Shares on preferential basis and on such terms and conditions as set out in the Postal Ballot Notice.

The Postal Ballot Notice was dispatched to all the shareholders of the Company on April 27, 2024, in due compliance with the provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, the Companies Act, 2013 and the rules made thereunder, read with circulars issued by the Ministry of Corporate Affairs. This corrigendum to Postal Ballot Notice dated April 26, 2024 (“Corrigendum”) shall form an integral part of the Postal Ballot Notice, All contents of the Postal Ballot Notice, save and except as modified by this Corrigendum, shall remain unchanged.

Pursuant to the correspondence with National Stock Exchange of India Limited, in relation to the In-principle approval sought by the Company from the Stock Exchange for the Preferential Issue under Regulation 28(1) of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, the Company through this communication wishes to bring to the notice of the Shareholders, the changes in the said Postal Ballot Notice as mentioned hereunder:

All capitalized terms used herein and not specifically defined shall have the same meaning as ascribed to such terms in the Postal Ballot Notice.

Changes to the Explanatory Statement to Item No. 1.

1. Para (1) of Point no. (d) is modified and shall be read as under :

The Equity Shares of Company are listed on Stock Exchange i.e. BSE Limited (“ BSE ”) and National Stock Exchange of India Limited (“ NSE ”) (together referred to as the “ Stock Exchanges ”). The Equity Shares are frequently traded in accordance with SEBI ICDR Regulations. For the purpose of computation of the price per Equity Share, NSE being the stock exchange with higher trading volumes for the preceding ninety trading days prior to Relevant Date i.e. April 26, 2024, has been considered for determining the floor price in accordance with the SEBI ICDR Regulations.

2. Point no. (s) is modified and shall be read as under:

As per Regulation 163(2) of the ICDR Regulations, the Company is required to place a copy of the certificate of a practicing company secretary before the shareholders considering the proposed Preferential Issue, certifying that the issue is being made in accordance with the requirements of SEBI ICDR Regulations. Accordingly, a revised certificate from Mr. Kashyap Shah (FCS No. 7662) of M/s Kashyap Shah & Co. Practicing Company Secretaries dated May 06, 2024, incorporating change as to “ the highest trading volume in respect of the equity shares of the lssuer has been recorded during the preceding 90 trading days prior to the relevant date on NSE” has been obtained by the Company. The copy of the said certificate shall be made available for inspection by the members during business hours on all working days upto the last

date of remote e-voting period and is also hosted on website of the Company which can be accessed at the link: https://www.amiorganics.com/static/uploadfiles/downloads/download_8186.pdf?20240511050657

On and from the date hereof, the Postal Ballot Notice shall always be read in conjunction with this corrigendum (“ Corrigendum ”) which is also being uploaded on the website of Company at www.amiorganics.com and on the website of Stock Exchanges at www.bseindia.com and www.nseindia.com.

Please note that shareholders who have not voted are required to vote as per the instructions for members prescribed in the Postal Ballot Notice. However shareholders who have already voted before the issue of this Corrigendum notice, have the option to alter / modify their assent or dissent by giving email to the Scrutinizer Mr. Kashyap Shah at Email Id : kashyap.cs@gmail.com on or before May 15 , 2024.

All other contents of the Postal Ballot Notice ( viz . the issue price per equity shares, number of shares proposed for issue & allotment, amount to be raised through Preferential Issue etc.), save and except as amended by this Corrigendum, shall remain unchanged.

For any queries/grievances regarding the Corrigendum to the Notice of Postal Ballot dated April 26, 2024, please contact CS Ekta Kumari Srivastava, Company Secretary and Compliance Officer at 7227977744 or email at cs@amiorganics.com

For Ami Organics Limited

Sd/CS Ekta Kumari Srivastava Company Secretary & Compliance Officer Membership No.: ACS 27323

Date: May 11 , 2024 Place : Surat