Agri-Tech India Ltd. — M&A Activity 2023

Sep 25, 2023

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25[th] September 2023

The Manager-Listing The Manager- Listing BSE Limited National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra-Kurla Complex Dalal Street, Bandra (E) Mumbai-400001 Mumbai-400051

BSE Code-537292 NSE Code-AGRITECH

Ref: Update to the Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 made on June 25, 2022

Sub: Outcome of the Board Meeting - Withdrawal of the Scheme of Amalgamation of Techindia Nirman Limited and Ferry Fax Farms Private Limited with Agri-Tech (India) Limited and their respective Shareholders and Creditors

This is further to our disclosure dated June 25, 2022 wherein we had informed that the Board of Directors of the Company had approved the Scheme of Amalgamation of Techindia Nirman Limited and Ferry Fax Farms Private Limited with Agri-Tech (India) Limited and their respective Shareholders and Creditors ( “Scheme” ) under Section 230 to 232 and other applicable provisions of the Companies Act, 2013 with an objective to create a synergy of business and pool bank of land reserve to be developed under a common platform alongwith other benefits.

Based on a review of the market conditions, the Board at its meeting held today i.e. Monday, September 25, 2023, has discussed and decided that the aforesaid Scheme is to be withdrawn.

Hence, the Scheme of Amalgamation of Techindia Nirman Limited ( “Transferor Company I” ) and Ferry Fax Farms Private Limited ( “Transferor Company II” ) with Agri-Tech (India) Limited ( “Transferee Company” ) and their respective Shareholders and Creditors under Sections 230-232 and other applicable provisions of the Companies Act, 2013 stands withdrawn with immediate effect.

This is for your information and records.

Thanking You,

For Agri-Tech (India) Limited

Digitally signed by Rajendra Rajendra Balmukundji Sharma Balmukundji Sharma Date: 2023.09.25 14:53:56 +05'30' Rajendra Sharma Chief Financial Officer

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