Atul Limited. - Capital/Financing Update 2023

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November 09, 2023

The Manager The Manager Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers “Exchange Plaza” C – 1, Block G Dalal Street Bandra Kurla Complex, Bandra (East) Mumbai – 400 001 Mumbai – 400 051 Through: BSE Listing portal Through: NEAPS portal SCRIP CODE: 500027 SYMBOL: ATUL

Dear Sir,

Sub: Copy of Board Resolution and Public Announcement pursuant to provisions of Regulation 5 and Regulation 16 of the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended read with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

Ref.: Buy-back of Equity Shares of Atul Limited (the “Company”)

Pursuant to regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company, at its meeting held on November 07, 2023 (“ Board Meeting ”), pursuant to the provisions of Article 61 of Articles of Association of the Company and Sections 68, 69 and 70 and all other applicable provisions of the Companies Act, 2013 (“ Act ”) and applicable rules made thereunder and in compliance with the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018 ( “Buy-back Regulations” ) the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”) (including any statutory amendments, modifications or re-enactments from time to time) and subject to such other approvals, permissions and sanctions as may be necessary, approved the Buy-back of fully paid up Equity Shares by the Company having face value of 10/each ( “Equity Shares” ) from open market through stock exchanges {i.e. through National Stock Exchange of India Limited (“ NSE ”) and BSE Limited (“ BSE ”), together “ Stock Exchanges ”} prescribed under the Buy-back Regulations and the Act, for an amount not exceeding 50,00,00,000/- (Rupees fifty crores only) excluding transaction costs viz. brokerage, advisor’s fees, intermediaries fees, public announcement publication fees, filing fees, turnover charges, applicable taxes such as tax on distributed income on Buy-back, securities transaction tax, goods and services tax, income tax, stamp duty and other incidental and related expenses, etc. (“ Transaction Costs” ) (“ Maximum Buyback Size ”) at a price not exceeding ` 7,500/- (Rupees seven thousand five hundred only) per Equity

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Share (“ Maximum Buy-back Price ”) payable in cash which represents 1.20% and 1.19% of the total paid-up equity share capital and free reserves (including securities premium account) as per the audited Standalone Financial Statements and audited Consolidated Financial Statements for the financial year ended on March 31, 2023, respectively from the equity shareholders | beneficial owners of the Equity Shares of the Company other than the Promoters, members of Promoter Group and persons in control of the Company (“ Buy-back ”);

Further in compliance with Regulation 16 read with Regulation 7 of the Buy-back Regulations, the Company has published the Public Announcement in the following newspapers on November 09, 2023:

Financial Express – (English) National daily – All Editions.
Janasatta - (Hindi) National Daily – All Editions.
Financial Express – (Gujarati) Regional Language – Ahmedabad Edition.

The certified true copy of Board Resolution and newspaper clippings of Public Announcement published in the Financial Express are enclosed herewith for your record.

Please acknowledge the receipt and inform the members of the Exchange.

Thank you,

Yours faithfully,

For Atul Limited

Digitally signed by LALIT PATNI DN: c=IN, o=Personal, title=3614, LALIT pseudonym=516594301dbbbf4a0cfd9fdaf383a2d50d58c1ce57baf2ca828675b689bb7c 0a, postalCode=396020, st=Gujarat, serialNumber=12e57a0c1a13a50412ce9422 50bfdfb5d658c0413d4e8fca6850513e961d4 PATNI bb2, cn=LALIT PATNI Date: 2023.11.09 14:11:24 +05'30' Lalit Patni Company Secretary and Chief Compliance Officer

Encl.: as above

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CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS HELD ON NOVEMBER 07, 2023

RESOLVED THAT pursuant to the provisions of Article 61 of the Articles of Association of the Company and the provisions of all applicable Sections including Sections 68, 69 and 70 of the Companies Act, 2013 (“Act”) and the applicable rules made there under and in compliance with the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended (“Buy-back Regulations”) and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”) (including any statutory amendments, modifications or re-enactments from time to time) and subject to such other approvals, permissions and sanctions as may be necessary and subject to such conditions and modifications, if any, as may be prescribed or imposed by the appropriate authorities while granting such approvals, permissions and sanctions, which may be agreed by the Board of Directors of the Company (herein referred to as the “Board” which term shall be deemed to include any committee which the Board may constitute to exercise its powers, including the powers conferred by this resolution), consent of the Board be and is hereby accorded for the Buy-back of fully paid-up equity shares by the Company having face value of 10/- each (“Equity Shares”) from open market through stock exchanges (i.e. through National Stock Exchange of India Limited (“NSE”) and BSE Limited (“BSE”), (together “Stock Exchanges” ) under the Buy-back Regulations and the Act and up to 66,666 Equity Shares (representing 0.23% of the total number of Equity Shares of the Company) at a price not exceeding 7,500/- (Rupees seven thousand five hundred only) (“Buy-back Price”) per Equity Share payable in cash for a total consideration not exceeding ` 50,00,00,000/- (Rupees fifty crores only) (“Maximum Buy-back Size”) excluding transaction costs viz. brokerage, advisor’s fees, intermediaries’ fees, public announcement publication fees, filing fees, turnover charges, applicable taxes such as tax on distributed income on buy-back, securities transaction tax, goods and services tax, income tax, stamp duty, other incidental and related expenses, etc. (“Transaction Costs”) which represents 1.20% and 1.19% of the total paid-up equity share capital and free reserves (including securities premium account) as per the audited standalone financial statements and audited consolidated financial statements for the financial year ended March 31, 2023, respectively from the equity shareholders | beneficial owners of the Equity Shares of the Company other than the Promoters, members of Promoter Group and persons in control of the Company as on the record date (“Buy-back”).

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RESOLVED FURTHER THAT the Board of Directors hereby fixes Monday, November 20, 2023 as the Record Date for the purpose of Buy-back of Equity Shares of the Company (“Record Date”);

RESOLVED FURTHER THAT in terms of Regulation 15 of the Buy-back Regulations, the minimum amount to be utilised for the Buy-back shall be 37,50,00,000 (Rupees thirty seven crores fifty lakhs only), being 75% of the Maximum Buy-back Size (“Minimum Buy-back Size”) and 20,00,00,000/- (Rupees twenty crores only), being 40% of the Maximum Buy-back Size shall be utilised during initial half of Buy-back period.

RESOLVED FURTHER THAT the actual bought back Equity Shares can be more than 66,666 Equity Shares if actual price of bought back Equity Shares is less than Maximum Buy-back Price of `7,500/- per Equity Share, provided that, the number of Equity Shares bought back by the Company shall not exceed 25% of the total number of outstanding Equity Shares of the Company.

RESOLVED FURTHER THAT subject to provisions of the Buy-back Regulations, the Buy-back period shall not, in any case, exceed 66 (sixty-six) working days from the date of opening of the Buy-back and the Board or the Buy-back Committee may, at its absolute discretion, at any time, decide to close the Buy-back upon the amount utilised by the Company under the Buy-back equaling or exceeding the Minimum Buy-back Size.

RESOLVED FURTHER THAT the Buy-back from non-resident shareholders, Overseas Corporate Bodies (“OCBs”), Foreign Portfolio Investors (“FPIs”) and shareholders of foreign nationality, if any, shall be subject to such approvals, if and to the extent necessary or required from concerned authorities including approvals from the Reserve Bank of India under the Foreign Exchange Management Act, 1999 and rules and regulations framed there under, if any.

RESOLVED FURTHER THAT the Company shall earmark adequate sources of funds for the purpose of the Buy-back and the amount required by the Company for the Buy-back is intended to be met out of the balances of the Company in free reserves, current surplus and| or cash and cash equivalents and | or internal accruals and | or liquid resources and | or such other permissible sources of funds (and not from any borrowed funds) of the Company, as permitted under the Act and the Buy-back Regulations;

RESOLVED FURTHER THAT the Buy-back would be subject to the condition of maintaining minimum public shareholding requirements as specified in Regulation 38 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations").

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RESOLVED FURTHER THAT the Board of Directors hereby confirms that:

i. All the Equity Shares of the Company are fully paid-up except the forfeited shares;
ii. The aggregate consideration for the Buy-back, i.e., not exceeding ₹50,00,00,000/- (Rupees fifty crores only) does not exceed 10% of the aggregate of the paid-up equity share capital and free reserves (including security premium account) as per the audited standalone financial statements and audited consolidated financial statements, respectively of the Company for the financial year ended on March 31, 2023, and the indicative maximum number of Equity Shares proposed to be bought back under the Buy-back i.e. 66,666 Equity Shares or more as the case may be does not exceed 25% of the total number of outstanding Equity Shares in the paid-up share capital of the Company;
iii. The Company shall not issue any Equity Shares or other specified securities including by way of bonus till the expiry of Buy-back period;
iv. The Company shall not raise further capital for a period of one year from the expiry of Buy-back period except bonus Issue or in discharge of its subsisting obligations such as convertible warrants, stock option schemes, sweat equity, conversion of preference shares or debentures into equity shares;
v. The Company shall not Buy-back its Equity Shares from any person through negotiated deal whether on or off the Stock Exchange(s) or through spot transactions or through any private arrangement;
vi. The Company shall not directly or indirectly purchase its own Equity Shares through any subsidiary company including its own subsidiary companies or through any investment company or group of investment companies;
vii. The Company has not completed a Buy-back of any of its securities during the earlier period of one year reckoned from the date of this meeting;
viii. There are no defaults subsisting in the repayment of deposits, redemption of debentures or preference shares or repayment of term loans to any financial institutions or banks nor any such default has arisen at any time during preceding three years;
ix. The ratio of the aggregate of secured and unsecured debts owed by the Company immediately after the Buy-back shall not exceed the ratio (2:1) as prescribed under Section 68 of the Act and Regulation 4 of the Buy-back Regulations;
x. No scheme of amalgamation or compromise or arrangement pursuant to the provisions of the Act is pending as on the date of this meeting and no such scheme shall be pending on the date of Public Announcement;
xi. The Company will not withdraw the Buy-back after the Public Announcement of Buy-back is made;

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xii. The funds borrowed from banks and financial institutions will not be used for the Buy-back;
xiii. The Company has been in compliance with Sections 92, 123, 127 and 129 of the Act.

RESOLVED FURTHER THAT nothing contained herein above shall confer any right on the part of any shareholder to offer, or any obligation on the part of the Company or the Board to Buy-back any Equity Shares, and | or impair any power of the Company or the Board to terminate any process in relation to such Buy-back as permissible by law.

RESOLVED FURTHER THAT in terms of Regulation 24(iii) of the Buy-back Regulations, Mr Lalit Patni, Company Secretary and Chief Compliance Officer of the Company, be and is hereby appointed as the Compliance Officer for the Buy-back and Link Intime India Private Limited, Registrar of the Company, be and is hereby appointed as the Investor Service Centre for the Buyback.

RESOLVED FURTHER THAT the approval of the Board be and is hereby accorded for the confirmation of appointment already made by the Company of Vivro Financial Services Private Limited as Manager to the Buy-back.

RESOLVED FURTHER THAT the approval of the Board be and is hereby accorded for the confirmation of appointment already made by the Company of Link Intime India Private Limited as Registrar and Transfer Agent to the Buy-back.

RESOLVED FURTHER THAT Nuvama Wealth and Investment Limited be and is hereby appointed as Broker to the Buy-back of the Company and the consent of the Board be and is hereby accorded to open a Depository account and a trading account in connection with and for the purpose of the Buy-back of the Company, if required.

RESOLVED FURTHER THAT an escrow account under the name “Atul Limited – Buy-back – Escrow Account 2023” be opened with State Bank of India, Commercial Clients Group, Regional Office, Ahmedabad (“Escrow Account”) for the purpose of the Buy-back and the Company shall in accordance with the provisions of the Buy-back Regulations, as and by way of security, for the performance of its obligations under the Buy-back Regulations, enter into an escrow arrangement and agreements with the Escrow Agent and the Manager to the Buy-back and within two working days from the date of Public Announcement, deposit in the Escrow Account requisite amount in accordance with Regulation 20 of the Buy-back Regulations and the Manager to the Buy-back be and is hereby authorised to operate the Escrow Account in accordance with the Buy-back Regulations.

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RESOLVED FURTHER THAT any two of the following Authorised Officials be and they are jointly authorised to operate the Escrow Account on behalf of the Company:

Mr Ashutosh Desai, Senior Vice President, Finance
Mr Lalit Patni, Company Secretary and Chief Compliance Officer
Mr Bharat Joshi, Senior Vice President, Accounts and Taxation
Mr Rohit Joshi, General Manager Finance
Mr Krunal Thakkar, Manager Finance
Mr Roshan Vaishnav, Authorised Signatory
Mr Jayesh Vithlani, Authorised Signatory

RESOLVED FURTHER THAT the Board hereby confirms that it has made a full enquiry into the affairs and prospects of the Company and has formed the following opinion -

a) that immediately following the date of this Board Meeting at which the Buy-back of the Equity Shares of the Company is approved, there will be no grounds on which the Company could be found unable to pay its debts;
b) that as regards the prospects of the Company for the year immediately following the date of this Board Meeting held to approve the Buy-back and having regard to the Board's intentions with respect to the management of its business during that year and to the amount and character of the financial resources, which will, in the Board's view, be available to the Company during that year, the Company will be able to meet its liabilities as and when they fall due and will not be rendered insolvent within a period of one year from the date of this Board Meeting.
c) In forming its opinion as aforesaid, the Board has taken into account the liabilities as if the Company were being wound up under the provisions of the Companies Act, 2013 or the Insolvency and Bankruptcy Code, 2016 (including prospective and contingent liabilities).

RESOLVED FURTHER THAT in terms of Section 68(6) of the Act read with Regulation 8(i)(b) of the Buy-back Regulations, the drafts of the declaration of solvency prepared in the prescribed form and supporting affidavit, the statement of assets and liabilities as at March 31, 2023 and other documents, as placed before the Board, be and are hereby approved and any of the Directors and the Chairman and Managing Director be and are hereby severally authorised to sign the same for and on behalf of the Board, and Mr Lalit Patni, Company Secretary and Chief Compliance Officer of the Company, be and is hereby authorised to file the same with the Registrar of Companies,

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Gujarat (“ROC”) and the Securities and Exchange Board of India or any such other concerned authorities, as may be necessary in accordance with applicable laws.

RESOLVED FURTHER THAT a Buy-back Committee consisting of Mr Sunil Lalbhai (Director identification number: 00045590),Chairman and Managing Director, Mr Bharathy Mohanan (Director identification number: 00198716), Whole-time Director, Mr Gopi Kannan Thirukonda (Director identification number: 00048645), Whole-time Director and Chief Financial Officer (“Buyback Committee”) be and is hereby constituted to do all such acts, deeds, matters and things as it may in its absolute discretion deem necessary, expedient or proper with regard to the implementation of the Buy-back, including but not limited to:

a) Finalise the terms of the Buy-back including the opening and closing dates of the Buy-back, the price and number of Equity Shares to be bought back under the Buy-back subject to the terms approved under this resolution and in compliance with the provisions of the Act and the Buy-back Regulations;
b) Making arrangement for adequate resources of funds for the Buy-back as may be necessary in accordance with the applicable laws;
c) Finalise and issue the public announcement, any corrigendum or addendum thereto, post Buy-back public announcement and any other advertisement | documents in connection with the Buy-back in accordance with the Buy-back Regulations;
d) Take all actions for the verification, acceptance and extinguishment of Equity Shares bought back under the Buy-back in accordance with the applicable laws;
e) Decide the closure of the Buy-back and complete all other requisite formalities as specified under the Act, the Buy-back Regulations, the Listing Regulations and all other applicable laws;
f) Authorise and make payment of expenses incidental to the Buy-back;
g) Delegate all or any of the powers conferred under this resolution to any Director or officer of the Company as may be necessary to give effect to the aforementioned resolution;
h) To do all such acts, deeds and things as may be necessary, expedient and incidental for the implementation of the Buy-back in accordance with the Act, the Buy-back Regulations and other applicable laws.

RESOLVED FURTHER THAT any two members mentioned above shall form quorum of any meeting of the Buy-back Committee and the Committee may decide any matter in connection with the Buy-back by passing an appropriate resolution (including by way of circular resolution) and the Committee may meet as and when necessary to effectively discharge its functions in relation to the Buy-back.

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RESOLVED FURTHER THAT without prejudice to the foregoing, Mr Sunil Lalbhai, Chairman and Managing Director, Mr Bharathy Mohanan, Whole-time Director, Mr Gopi Kannan Thirukonda, Whole-time Director and Chief Financial Officer, Mr Lalit Patni, Company Secretary and Chief Compliance Officer, Mr Rakesh Pathak, General Manager, Legal and Secretarial, Mr Tejas Panchal, Manager, Ahmedabad Office and Mr Ankit Patadiya, Manager, Legal and Secretarial be and they are hereby severally authorised to:

a) appoint advertisement agency, printers agency, escrow agents and such other persons | consultants for the Buy-back as may be required or deemed fit;
b) fix up the remuneration including commission, brokerage, fees, charges etc. and terms and conditions for the appointments referred to in point a) above;
c) execute, sign, affirm and deliver all such documents including consent letter, power of attorney, certificates, instruments, agreements, letters, undertakings, memorandum of understanding, declarations, affidavits, engagement | appointment letters, indemnity, bank guarantee, forms | letter | disclosures under applicable law and regulations, etc. as may be required in connection with this resolution or the Buy-back and | or otherwise considered by them in the best interest of the Company;
d) open, operate and close all the necessary accounts such as broker account, escrow account, special account(s) and any other bank account(s) and depository account for the purpose of the Buy-back offer and authorise person(s) to operate the said accounts;
e) arrange for bank guarantee and | or cash deposits as may be necessary for the Escrow Account for the Buy-back in accordance with applicable laws;
f) authorise bankers to act upon the instructions of the Manager (Merchant Banker) as required under the Buy-back Regulations;
g) to accept any change(s) or modification(s) as may be felt necessary or as may be suggested by the appropriate authorities or advisors;
h) settle any question or difficulty that may arise with regard to the aforesaid purpose and which it may deem fit in the interest of the Company; and
i) do and perform all such acts, matters, deeds and things as it may in its absolute discretion deem necessary or desirable for the purpose of Buy-back as is in the best interest of the Company.

RESOLVED FURTHER THAT the common seal of the Company, if required be affixed on such documents in the presence of any one of the Directors and duly countersigned by the Company Secretary.

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RESOLVED FURTHER THAT the Whole-time Directors, the Company Secretary, the General Manager, Legal and Secretarial, the Manager, Ahmedabad Office and the Manager, Legal and Secretarial of the Company be and they are hereby severally authorised to complete the necessary formalities in this regard and to issue certified copies of the resolution.

Certified True Copy

For Atul Ltd

Digitally signed by LALIT PATNI DN: c=IN, o=Personal, title=3614, LALIT pseudonym=516594301dbbbf4a0cfd9fdaf383a2d50d58c1ce57baf2ca828675b689bb7c 0a, postalCode=396020, st=Gujarat, serialNumber=12e57a0c1a13a50412ce942 250bfdfb5d658c0413d4e8fca6850513e961 Lalit Patni PATNI d4bb2, cn=LALIT PATNI Date: 2023.11.09 14:10:55 +05'30' Company Secretary and Chief Compliance Officer

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PUBLIC ANNOUNCEMENT

Atul Liinited

FOR THE ATTENTION OF EQUITY SHAREHOLDERS I BENEFICIAL OWNERS OF EQUITY SHARES OF ATUL LIMITED ("COMPANY") FOR BUY-BACK OF EQUITY SHARES FOR AN AMOUNT NOT EXCEEDING � 50,00,00,000/- (RUPEES FIFTY CRORES ONLY) FROM THE OPEN MARKET THROUGH STOCK EXCHANGE MECHANISM AS PRESCRIBED UNDER THE SECURITIES AND EXCHANGE BOARD OF INDIA (BUY-BACK OF SECURITIES) REGULATIONS, 2018, AS AMENDED.

Corporate identity number (CIN): L99999GJ1975PLC002859 Registered office: Atul House, GI Patel Marg, Ahmedabad 380 014, Gujarat, India

Phone: ( +91 79) 26461294 I 26463706 I E-mail: [email protected] I Website: www.atul.cD.in Contact person: Lalit Patni, Company Secretary and Chief Compliance Officer

This Public Announcement (!he "Publi c AnnDuncemenr) is being made in relabon to the Buy-back (as ol the aggregale ol secured and unsecured debts owed by lhe CofTlj)any aJter the Buy·batk shall not be •••Tire lnter·se i trans.icli from Mr Saumya Lalbhal lo Mr Samveg L.afbha1 �1as g1tr and hence considerafjon dstoeficnk ed exchange h ereinalter) of Equity mechanism, 1n SaccorrW!Ce with the hares (as deJined hereiruifter) of the provisions of the CRoemgupl<!any tion from the 16(iv)(b} and open a.tiler mar1<et apthrough pficable more financial Sta1ements, than twice the pawhiehever id-up capital and se1 o ut lree a lowreer seamount. of rves based on the Company. both audited Standalone and Consolidated w.. ,,The as rroJ lnvolved-se . transa.cfjon from Hansa Nlran/a11bhaJ (On behalf of Manin! Niranfan rrust) to Mr Samvegbhai ("Buy-bact plll\%ions of tho ReguSeturilaliontsie"s ) and and contains the Exchange Board discof loIndia (Buy-Back sures as specifieof d Secun1ies) in Schedule Regulations, 2018, as rv rea d with Schedulamended e I oi the 5.5 The excluacdin1ug al the number of ETraquiCoty stShares s, paid For bougthe ht back during Equity Shares bought the Buy-back bacwik and the ag!)(egate consideration depend upon the actual price, Arvmd/Jhai La!Ohar mvoN"ed. (On oeht!JI 01 Mamni Niran;a11 Trust) was transmission and hence cons1derat1.on ivas not Buy-back Regula tions. paid In 1tle Buy-back. sublect to the Maximum Buy-back Size. The actual reduction In the existing number a 4. Except as disclosed in paragraph 8.3, no Equity Shares or other spetifled securltie:s In the Company were Certain figures contained in ttlis Public Announcement, including flMncial information, havo been subioctod of Equity Shares would depend upon the price at which the Equity Shares of the Company are traded at the either purchased or sold by the persons menlloned in paragraphs 8.1 and 8.2 above du�ng a �iod ol 6 to rounding-off ad1ustments and presented In whole numbecs. In certaln in , (i) the sum or percentage. Stock Exchanges as well as t total number of Equity S�res bought back by tho Company from the OJlfln (Six) months ('OOedlno the date of tile Soard Meeting. change of s.uch numbers may not conform exactly to the total ngure given: �� the sum of the numbers In a market through the Stock Exchanges dunng the Buy-back period. 9. INTENTION OF THE PROMOTERS AND PROMOTER GROUP AND PERSONS IN CONTROL OF THE column ot row tn certain tables may not conform exacUy to the total figure otven 1or that column or row. Further. COMPANY TO OFFER THEIR EQUITY SHARES IN THE BUY-BACK certaJO numerical iformatiOn 1 this Public Announcemt has been presented ui '<:fore·. One crore represents Exchanges by the Company, In accordance with the i SEBI circular dated Maich OS, 2023, Operational E'Working PART 1,00.00.000. OFFER 1. U. XCHAThe A-DISCLOSURE DETAILS NFDR BUY-BACK GDE Board aMEys' COF means any Hof ANTHE Directors ISM BUY-BACK IN OF EOUl1Y SHA.RE'S OF ATUL ACCORDANCE wC>Iklng of AlOFFER AND OFFER PRICE udl aLimited y ol WITH the Securities and Exchange (heSCHEDULE I OF THE BUY-BACK REGULATIONS reinafteLIMITED r referred to FROM THE OPEN MA.RKET THROUGH as Board the "Soard"). at Its meeting ol lndia held STOCon K 6. Capital In for 2018 and Gbelow the COuiterMdanceBuPLmys ol the -band IA-acNas MaXimum CAk frE provided mtt1rough WITH eprovisions nreserves dmBuy-back eREGULATIONS 4 untto Iha thnde eopen market 0of r1 SRegthe tocSPer1< uciCclauEx&hang.e e ofU,5001- (Ru�es seven oritmtionepany, ANs route 4and O (iv) 5 based Ccannot be made and OF THE BUY· BACK REGULATIONS irculaRon egrs uand tile lBoard ation a1 lowl!f sS(of ufor ci)Ih thousand live hundred only) ndi(ol b10% price in ) a ot S(Buy-back of tathe Buy-back or more ondits aJosnoe le ot discretion, l Sthe CeReconsoutotal rgitiulalesidatetipaid-up ) which may be oEquity Regulations, nd s, Ftnancfal the snare. equoiler rty 9.2. FurttPromoter Eby way of Company hqe u!he Promoters and ity er, Shares among the Promoters and Promoter Group) Pof uIn bGopen elaccordance with lhe Reoulalion 24(1}te} ic ritohup AMouocement er marthrough the Stock nor Prketheir o1 mtote rough the associates have deatt r Group and shal Stock of Extile cnot hExchanges, aCompany nges deal in or in othe and the Equity Shares or other ttthe of -mthEpBuaqee 1tco1 ursfrom lhe yBuy-back R�ulalions. nei1her i!y -on batransactions Shares or cin k control shadate ol not of othbe the (the einclr mspecified :;ecurilies at the Bscompany, uadpoadeing e crd by ifieMeeting inter-se d the securiUes of Company Promolers titransfer the date from and thol e " Statements of the Company.
�lovember 07, 2023 ("Board Meeting ) has, pursuant to the provisions of Article 61 ol the Arlicles ol Company 1f11ouQl1 the Stock Exchanges or ott-maOO!t transacti ons (111cludin9 inter.se lra1er of Equity Aof ssthe ociaCtoiom n po1 arties Act, lhe C-0mpany 2013 and ("A.er) lhe PfOvisions and applicable ol Secrules tions made 68, 69, 70 thereuand an nder and olher in acompli:anoe with the pplicable proviSions As caprtal per and free the latest areservuditees d are Balanre Sheet of as follows: the Company as of March 31, 2023, the to tal paid·up equity Shares among compleiioo of the Buy-baclL lhe Promoters and Promoter Group) from the date ot 1he Public Announcement tin the Sback ecuriRtieegs uand Exchange Board la1tons") and the Secol India urities and (BuyEx·Bacchak nge ot !;ecuBoard of rities) India Regulations, (Listing " O2018, as bligations amended and Oisc("Buy· losure Particulars Standalone Con�in Crore) solld1led 10. The NO DEFAULTS Company confirms that there are no defau�s subsisting in the repayment or deposits accepted either Requiremenls) Regulations, 2015, amendments, moorfications or re-as amended naetrn from time ("Listing to time) Regaunlad tisubject ons ) (including any sto such other a rovals. ory Total !tee reserves Total 4,123.01 29.51 4.173.68 29.51 before payment or lhafter the commencement ereon or redemption of prefere.nce of the Act. shor areinterest s or paymenthereon, r�ption of t of dvi idend due to aJrJ debentses or interest lder. or permissions, co11Sents. e�emptlons and saons as may be necey, approved the Buy-back of fully Total and lree reserves i 4.152.52 4.203.19 repayment ol any teim loan or interest paya� 1hereon to aJrJ financial lnsti1utlon or banks. paid up equity shares havlig lace value of tfOI- each {"Equity Sbares") by the Company from open Maximum amoum permissible towards Buy-back ol equty shares In 11. CONFIRMATION BY THE BOARD OF DI RECTORS OF THE COMPANY Limited ("BSE"), together "S1ock martction read with proviso to Regulation 4(iv) aml 68(2)(b) 5v)(b) of the Buy·back Regot the Companjes Act. 2ulati0� 13 Tile Board has at Its meeting lleld oo N ovembtlf 07. 2023. confirmed that Liley have made Full enquiry Into Si2e") for an aggregate exc(Udi119 ta.moun1 ransactinot on costs viz, exceeding brokerage, <50,00,00,000!· advisors' (Rf�. upees intlilly cl'Oles only) ("Ma1imum Buy-back ermediaries fees, IJllblic announcement Consolidated Filanclal Statements of ( 10 % of paid-up equity capital and frthe ee reserves. Company, based on Whichever sets the S taout ndaa lower lone or 41525 a) the affairs that inmediately and prospects lonowing the date ol of the Company the and Boathat rd they meeting i.e. have formed an opinNovember 07, ion2023 : at which I Buy-back publication fees. lmng fees, tumovei chargr.>S, applie<1ble taiws such as tax on distributed income on buy· of the Equity Shares of the Company 1s apj>roved. ttl Yt be no ornds on which the Company could back, securities trarelated expanses, etc. ("Transtax, ac90ods and services toi n Costs") at a price tax. ninot exme ceedtax, ing stamp f?,500.'-duty (Rupees seven and other incidental thousand an d Based on the than 10% of the aggregate total above, the Maximup;im idBuy-back Size -up capital and I.efree ., t50.00reserves of ,00.000/the -Company, {Rupees fifty crores only) is based oo the S!anot moe or re b) be that as regards fol d unable the to pay its prospects debts; ot the Company for the year immediately following the dale al the Board live hundred only) per Equity Share (•Maximum Buy-back Price") payable 1 casll which represents 1.20% Consolidated Anancia l Statements of the Company, whichever sets out a lower amOUl\L mg held on November 07, 2023 and having reg.ard to the intentions ot the Board wj!h respect to the and 1.19'r. of the total paid-up equity sllate capital and free reserves (uiclucng securltles premium account) 7. METHOD TO BE ADOPTED FOR BUY·BAC.K AS REFERRED TO IN REGULATION 4(1V) management of the busmess of the Company during that year and to the amount and cha of the as per the audited Standalone Financial Statements and audited Consolidated Ananclal Statemi ents for tl1e ln lerms at Regulation 40 (1} of the SEBI Listing Regulations, except in case at transmission or transposition fa:nclal resources. v1lch wil, In the Board's view, be l available to the Company dunng that Iy ear, the linanci.al year ended on March 31, 2023, respectively from 1he equity shareholders I benefical owners ol ol securities, requests for eHecting transfer ol securtties shall not be !l(ocessed unles.s Ie Stturities held Company will be able to meet its l abilities as and when they fall due and vnll not be 1endered nsolvent the Equity control of lhe Company Shares of the ("CBoumy-bapany ckother than lhe "). pr ters. members of pr ter group and persons in in Equity Shares dematerlalisin ed demateritrom with alia sedd eform posito(ry "DeAmccaol rdShares")-ingly, the The Buy-bapromoter. promoter group, ck is open to boeteticia and ownelhe rs holding person c) thwithin a at we phave eriod taken Into ot one year aclrom count the date the liaobl ll�ithe s as Board if m!he Compan� were held on Novebmeoo ing 07, wound up under 2023. the
1.2. Sul>jec11o the market price i of the Equay Shares being eqwl to the Maximum B.uy-baci< Price, the indicative in control of the Company shall not participate in the Buy-back. Further. as required under the Buy-back provisions ol 1he Companies Act. 1956 or companies Act, 2013 or the Insolvency and Bankruptcy maximum number of Equty Shares bO bil(l( would be 66,666 (sixty six tllOU$and six hundred six1V six only) Requlations, the Company wdl not Buy.back Equity Shares which are locked-In or non-trans1erable, until �de, 2016 (including prospective and contingent liablllbes); and Equity Shares (•Ma1imum Buy-back Shara&"), representi119 aimately 0.23'-wfWch is le$S than 25% of tile the pende of such lock-in °' unlll lhe time such Equlty Shares become transferable, as applicable. d} 1hat the debt equily ratio of th� Company alter the Buy-back will be within the limft of 2:1 as proscribed total paid-up equity share capital ot the Company as of March 31, 2023. II the Equity Shares are bought back at a In relation to the Buy-back ot Oemat Shares, the execution of the orde!, issuance ot contract note and under S&etion 68(2)(d) of the Companies Act. 2013 and R�ulatlon 4(ii) o1 the SEBI (Buy-back ol Buy-bacl\ price below crores ody). Shares, the The MaxCbut oimmpwtl um Buy-back Price. anay lwwailys l cobe mpsuly bwith ject the to thnumber e threqurement of e Maximum of EQuity BuyShares bought back maintawng a m1nmun -back Size I.e .. t50could l.00,ptJb00,00CeW c 0Ish-the a(RreuhoMpaxieldes imng fifty um ol 3. recerpl requiremen1s DETAILS of OF payment SHAREHOLDING ol the would Stock be carried ExchOF THE anges out and PROMOTERS AND PROMOTER GROUP by the SEBI. the broker, appointed by the Company, in AND OTHER accordance DETAILS with the 12. REPORT SecurBY itiesTHE ) RegCOMPANY'S STATUTORY AU[)IJOR ulations, 201 B. as amended. Unleat BSi2e") Liustin9 Regulations dumg ley-abast otherwise permrtowards c25% k S1Ze i.e. 01 the the total Buy-back and accordingly, t37.50.00.0pathe id under d-uBuy-back p equity app(snare cperiod Rli cuahlpeee law, the s aanbased tphd itiral upon complebon theieol. ty ol the son lhe Company n crores fifty coMaximum mpasllall uWise alleast ny as Buy-back Price provilakhs only) (undl!f 75% "MReoand ni of ium1Minimum athe um uon MaxiB�y-back 38 01 tBuy· B.1 Sr. promoters Is Oea company) al ol the aggreoate and of members the Name Comsof paJrJ of shareholder the rehas olclpromoter lof the ng of the date grouprof p om(where the promoter or the the Board Moters. members of the promoter group. directors of ting Is No, ol Eqully as below· membec of % of the promoter group the paid-u.p !he Tile teid of Shares of tho Accountants (lirm registralioo Quote the annexed thstatement e Coreport mpan�oated o. f addrecomputation of Nnuoved to lhe membec ber - 07. 1173S6W(W-10001 pBeorm2023, ard is.siof blOree irecacepivietad l payments for B), of from the the Delo.tte Company Statutothe Haskry Auditors of the aprroe preproduced below; o & sed SeBuy-back of lls LLP. ComCphaanEry tqerand ued ify No. Shares held
Sback oof nt'i}hthe are, Size, sBuy-t>;u;k. . shaB be Fur1her, the Cu1omat l sed pleaansy within the t will purchase an 40% of the initial Maha� xiimndicative uof m the Buy-back Size i.e. �20,00,00,000/-66 mininum number (sixty-si�) Worl<i"9 of 50,000 Days from (lifty the (Rupees twen1y crores thoudate of the opening sand only) Equity 03 02 Arvind Farms Private Limited PPrivate rivatie LimLimtted ited 66,54, 100 22.55 4.05 The TO, Valsad Alul Limile'il Board Df Direclors,
1.4. The Buy-back will be implemented by the Company from its free reseMs f1cludlng secun1ies premium 04 Resources Prvate Limited 2.09 Gujarat. Inda i account) and I or such ottlel sources as permid In a ordance with Section 68(t) of the Act and Akshita Private Limited 1.57 Regutaoon 4(1v)(b)(li) and RegulallOn 5(f)(b) rud with Reoulatlon 4(ix) and Regulatlon 16 of me Buy-back 06 Adhinami Investments Pri•rate Limited 1.54 Dear Sirs I Madam, Rorder facility egulationmaprovidtcsh. inefrom the g system d by the Ol)en Stock as provided m&.changes arket throug)l undear nd the Buy-back 11\e by ustock sing the exctiRegoradner uge latimatching mechanism ons and mperice-cusing halniime sm the prionty-based osder extelectro "anic or trading none" 009 07 8 ASamvegbttar Alvlndbhai nusandhan ArInvveinstdbmheani ts (Lal!>hai• OLn imitbehalf ed or Samvegl>hai Arvindbhai 2,07,814 0.0.70 80 "Baclt Re: Slalutory Auditor's Report Comol panSecurities) y") in terms Reat guClause lations, In (xi} of Schedule I 2018, respect of proposed as amended of f'lhe the buSecurities and Buy-back Reguyback ol equity shares Elcltange Board lations") by Atul of India Umlled (B(the uy matching principle as provided under NSE circular bearing refeience no. 36/2023 with download reference Lalbtlai 1, 14,943 0.39 1. This Repo;t is issued io accordance with the ter ms of our engagement letter dated September 30, 2023. no. NSE/CMTRf56034 dated March " 17. 2023, and such other circulars issued by the BS!: from lime lo 10 Sunil Siddhanh Lalbha i 93,326 0.32 2. The Board of Directors of the COmpany have approved a propOS41 for buyback of equity shares by the time Company pendency of ("Stock �change shall not i the locpku-rchin Cor untll lhe Equity Shares aise rcuEquity Shares ttlat lars ). Fw'1her, as are required bloecockme e du-nitransn deor r the non-transferable. feraAct ble. and as athpple Buy-back Regulations, the icin abthe le. There Buy-bare no pardy ack, unti the 1112 3 1 Taral Swati S LaS Lalbhai lbhai Lalbhai 0.00.25 .217 1 3. We have Company aand 70 ol been requested by the 1 its Companies Meeting held Acl. the Management of on 20N13ov, eas moo ame07, 2023, nded the (!he C-0mpany i"Act") and the Buyback n pursuance ot to providthe e a provisions report on R�ulatiof ll'le onSections sa. ccomp68. 69 anying paid-up Equ ty Shares with calls In arrears of tile Company exl!p the torleltecl shares. 14 Arvindbhai Lalbhai behalf of Ankush 0.17 'Sta1ement of Permissible Capital Payment as at March 31, 2023 ('Annexure A') (hereinafter relerred to
1.S. The relation to lhe BBoard (or the uyB"uy-back -back). shall Comdetemmerme inconsutmed by e at Its sole discretion, the Bo.ard and !he time empowered frame 10< to comexeprcleistie on its ol powers ll'le Buyin 16 15 Anamiiaben Arvindbhai Lalbhai Lalbhai behaH of Adwail 0.17 0.16 the purposes al as the[·] statement")iden. tificatioThis Statn onty. nt llaS b prepared by the Management, which vte have in�ialled tor back and may close lhe Buy-back i (which shall ool be later 1 period as may be permitted under the Act 17 Swali Sidctharth Lalbhai l>ehall ol Siddharth 35 620 0.12 Manage ment's Re sponsibility breached, aller giving appropriate nobce anad ck I Size or Buy-back has bRegreauclathed onand irrespective s Of as may tor be sud11ected ot ch whether closure and on by ththe e appropriate Maximum completiBuy·back aunlhg all oritileorsS) ma1Zafter the e litihas or flaS es in Mthis inimurnot egm arBuybeen d, in 19 18 \11mlabefl s Lalbhal Sunil Siddharth l.albhai behall of Sunil Siddhar th 25,750 31.544 0.09 0.11 4. The compliance with preparation of the the other Statement in CQmpliance with the relevant provisions of the Ac1, the prprovovisio so to to Section Regulatio68n (24(iv) and ) (b) of the the Act proviso and accordance wi1tl the Act and I or the Buy-back Regulations. 20 Ast lalbhaJ 0.07 to Regulatmn 5(�(b) of the Buyback Regul<ltlons and compliance with the Buyback R�lations, Is 21 Nishtha Sunllbhal Lalbtlal 5.500 0.02 the responsibUity of tl1e Management of the COmpanv. including U1e computabOn ol the amount ol
1.6. The November Board 20, 2023. ot Directors in its mIn ace-0roance ting held with Regulation on Novem17(ii) of ber 07, the 2023. has Buy-bacfoced k Regulations, lhe record date as Monday, the Buy-baek offer 22 Sanjaybhal Shrenlkbhal lalbllal (On Lalbhai behall of Arvlndbllai 0.01 the permissible supporting records and documents-capital payment, the prepThis aratire-spoon and mansibility innance cludes the or a acdesign, c ounting imand plemother relevant entation and 1.7. Ishall open not (The Buy-back from nvsixty-sestors ix) Working ("FPls"), and later Dthan aooys nmembers 4 from -re(lou� Working sidethe date ni omembers, f foreof the iDays gn Oj)nationality, if Overseas efrom ning the of tile date Corporate anBuy, of y-and other tbhace k {"lilaiimum Buy-back record date aBodies ap("DCBs"), Rlreign Portfplci anble d shall close categories, PervliUlin iodshall "). 66 be 24 Swall Slddharth Sunil SiddhaTrust 1 rth Lalbhai (On Lalbhal (OR behal>eha t lf of Vimla ol Sunll Lalbhal Siddhar1 Family 0.0.001 1 In the has an appropr1ate maintenconsidered absence of ance of basls ia nternsi1uation any of adl efcontrols re�vantto lhe preparation and preparation; infor ition not being able to ol or and guidelinmakine g fcontinue oestimates that are r "Insolvent" rn as going pres\he cenreoncern Butatasyonab ion bac(as mentioned of k le the Regula11ons. the Company In tStatement he circumin andapplysStandard on tances. subject 10 Foreign approvals Excsshall uchangh approvals as may be e Mrequrred to anagemenbe t Act. laken be reQuired including approYals 1999 by sand uch non-resident members. the rules. regulations framed thereunder. if from the Reserve Bank or Iany. ndia. and under the such 26 25 HLalbhai ansaben HlfF 562 from Auditilg 570 'Novembe(Revised) r 07. i2023 issuas "Insolvent• ed b� the lnstltute of Cha ed Accounta nts of India) for a period of one year
1.8. A copy of ll'lls Public AMouncement will be available on the websites of the Company (www.atul.co.ln) and 27 Sheth Narottambhai Lalbhai 495 Auditor s Responsibilty Is ei<pd to be available on the website of the SEBI (www.sebi.gov.1.n). webSlte or Lile Stock EKchanges Total 45.06 S. Pursuant to the requirements of the Buyback Regulations. rt Is ou1 respo11S1ility to provide a reasonable (wwvr.nseincfia.com and v.bseindia.com) and the website of Manager to the Otter (www.VMo.net)_ *Our of 2,07,814 shares, Samvegbhai Afndbha1 l.<lfbhai holds 5,437 shares as 1rusJee of Manmr N1ran1an Trust assurance that:
1. NECESSITY OF TliE BUY-BACK (PAN: ATM1425G) i, we !lave inquired into tho state ot aHairs ot the Com!Wly in relation 10 the annual audited stanctalone and 2-1. The Company Buy-badacdk itiis obneailnly g the undertaken Company by believes that the Companthe y to Buretuy-bracn surptus k will improve earnings per share lun-Os to the equity shareholders of by reductiothe n 8. 2. Ththan those e aggregate inclusdhead reabove) holding as ool directors of corporate promoter f 1tle date of tho Board Meeting: and promoter group ol the Company (o1her ii. the consolidated financial amount ol permissible capi1al payment as statements as at March 31stated in , 2023, Annexure A. has bn property determined 3_ MAXllilUfin the equity l AMOUNT REQUIRED UNDER THE base, thereby leading 10 a long-terBUY-BACK m increase in the AND ITS value PERCENTAGE OF of sreholclersTHE TOTAL . PAID·UP Ho. Name of shareholdet No. ol Shares heEqully ld % of shthe arpaid-up e considering tin act0rdallce he witti annual the proviso audi1ed stanto Section dalone and 68(2)(b) consoof lidatethe d Act, the linancial proviso sllltemenls as at Marcll 31, 2023; to ReQulation 4(iv) and the 3.1. The maximum amount CAPITAL AtlD FREE RESERVES of funds required for the Buy-back will aggregate up to �50,00,00,00QI- {Rups 2 1 Arvindbhal ORanchhoddas Parekh hlrubhal Pa.tel 0 0 0.00 0.00 i1. pthrove Board of iso to RegDirectors ulatlon 5(i)(b) of the Buyback Regof the Company, at their uMeetJ:ng lations: heJd and on November 07, 2fl23 llave formed the fifty era.res only) The Maximum Buy-back Size represents 1.20% and 1. J!l'A\ of the aggregate of to1al Total 0 0.00 opinion as spec itied in Clause (x) of Schedule I to lhe Buyback R1!9Ulations, on reasonable gfQ nds Stpa id-up lone Financial equity share Statements c apital and free and audlted Consolidated Financial Statements reserves (Including securities premium t acfocr outhe nt) finas !)el' ancial the year ended audited 8.3. Except as disclosed purehas,ed or sold by tbhee lope1sons w. no Equrty mentioShares ned in parag.raphs 8.1 or other specified and s8.2 above ecunbes din tile uMg a Cperiod ompanoy f were 12 (twelve) either and In mlanagehat 1he Company wiU not. ment responslbllify above) within having regard to its state ol a pefiod of one affairs, year tmm be trendered he aforesaid date whereat the Uisolvent (as defined on Marc h 31. 202:3. respectively (being the latest available audted Slandalone and Consolidated Financial monlhs l)(etedlng the date ol this Public Announcement (I.e., November 09. 2023): proposed buyback Is approved. Statements 01 Ule Company). Since the Maxinum Buy-back Size is not more than 10% of the total paid·up Aggreoate no. Date of Date of 6. Tile annual standalone and conso�dated financial statements referred to in paragraph 5 above, have equity sha:re c;ipital and free reserves (includiny securities premium account) al the C ompany, lhe approval Name ol ol Equity Shares Nature of Maximum maximum Minimum minimum been audited by us. on which we have issued an unmodi1ied audtt opinion in our report dated April ol shareholders o1 the Compan1• is not required in terms ol Section 68(2)(b) of !he Act and Regulation 5Q) shareholder sold transaction prict (�)· price m· 28, 2023. We conducted our audn of the amual standalone and consolidated financial statements
3.2. The (b) oMt the Buy4Jack Regulations. aximum Buy-back Size does not Include any eiq>ene or transaction costs Incurred or 10 be Ms. Tara! S. Lalbhai 10 Ma�.et 8,139.00 N22.2022 ovember 6,010.00 N22, 2022 ovember In accordance appjicable au1horwilh al ivthe e prStand<lfds onouncemenon ts iAuditing by spthe ecifiInstitute ed under SecUon 143(10) of lhe Act o1 Charlered Accountan1s of Indand other ia Those iinntermedcurred ifor the Buy-back. aries· tees. publ ic asnunoch uas ncemenfiling t fees publipacaytiaon ble �nsesto SEBI. , brokerage cos� printing and displaitluich g expenses, appbcable fees. advisory fees. Mr Samveg Lalbhal 200 Disposal by of Nu• December NII" Dec22. 202embe2 r lhe Standards require lhal we finanicial statements are plan free and of mpaeterfrioa l rm misstatement Our tile audn lo obt.lin audit reasonalwas not pla e assurance about d and performed in wihether taxes such as Buy·baci\ tax, secutlbes transaction tax_ g ds and setvice tax, stamp duty etc. and other AcquiSition by December D�ember connecton with any tra s to Identify matters that may oo of potential interest lo third partes. incidental and related expenses. Adwait Trust 100 or NI• 22. 2022 NII' 22, 2022 7. We conducted our examinatioo ol lhe Statement in accordance with U1e Guidance Note on Audit Reports
3.3. The Comfunds pany or sueh for the Implementation of ottlel sources as may be pel'mltted by the proposed Buy-back withe Buy-back Regulations be source d out of me or lree reseMs the Act Bonowof !he ed Ankush Trust 100 Acquisibon by of Nil• D22. 2022 ecember l'lil� �22.2022 ber aol nd ln:dCaia (!he "Guidance Nole') ificas IOI Special Purposes (Revised and Standards on Auditing specified 2016), issued by the under Section 143(10) lnstnu1e or Char tered Accountants ol the Act in 4. ftlncJ.S MAXIMUlil Nlrom banks UMBand ER OF nnaEncQUlal ITY lnstrtutlons. II SHARES THAT THE any, wlm nol COMPANY be used PfROor the Buy-back. POSES TO BUY·BACK Mr Samveg lalbhai 99.BOO Dlsposal of by Nil•[D] 29,2022[e][cem][b][e][r ] Nil• Oecember 29, 2022 sthe o far as applicable for ethical requi1emen1s of the the purpoCode se ol ol thEthics is certificate. I by ThIe Guidance Note requires tlnstrtute of Chartere;j Accountants we comply of India. with share
5.6. Shareholde<s are advised that 1he Buy-back of the Equity Shares will oo ca out through the Stock 9.47
05 9.1. In accordance wi1h Regulation 16�i) o1 the Buy-back Regulations, sinw the Buy·batk is being implemented
4 55350
S.r.

certaJOnuericaliforan 1 tis PublcAnnouncemthasbeenpreentdu<fore.One crorerepresent 1,0.0.000. 'WorkingDays'means anywCklngdayoltheSeurities and ExchaneBoardollndia OFFERFDR BUY-BACKOF EOUl1Y SHE'S OF ATULLIMIDFROM THE OPEN MAKET THROUGHSTOCK EXHANGEMECHANISM PARTA-DISCLOSUREINACCORDANCEWITHSCHEDULE I OF THE BUY-BACK REGULATIONS 1. DETAILSOFTHEBUY-BACKOFFER AND OFFER PRICE U.TheBoardofDrectorsofAlulLimitd(hereiarreferred toast "Soard"). at Its meetingheldon �lovemer07, 2023 ("BoardMeting")has, puruant to theprovisiosofArtile 61 othe Arlicles ol Associationo1lheCmpanyandlhe POvisionsolSectons68,69, 70and anolherapplicaprns oftheCompar A,2013("Aeand aplicabrulesmadethereunderandincopli with the Securitiesand Exchange Boardol Ina(Buy·Backot!rities)Reglations,2018, asamded("Buy· backRegulatons") atSecuritieaEchangeBod oInda(LgObigationsaOisclsure Requiremenl) Regulaons, 2015,asamded("ListingRegulatons")(incldin any s ory amendments, moorfication orre-fromtimettime)andsubjecttsuchother a r perssions,co1nt. e�empons asaonsamaybny, approvedtheBuy-backoffully pad upequityshares h lacevalueoftfO- each {"EquitySbars")bytCopany from open marel tnough stockexchanges{1.e.tnrghNnalStExchngeofIndia Umited ("NSE")aBSE Lim ("BSE"), tog "S1ockExchanges"} prsctibedunditheBuy-backReulatio and the At. foran aggregatea.mou1nexceedin<50,00,0,000!·(Rupeslilly cl'Oles only) ("Ma1imum Buy-back Si2e")ei119trnsactioncost v,brokeage,adviso'f�.intermedariesfees, Illblicannoncement pubicationfe.lmng fees,tmchargr appliele tais suc astaon distribute incme onbuy· back, securities t t,9ods and servicesta.in met,stmpdutyandotherincidand related expanses,e.("TransactionCosts") ata pricenotexceedingf?,500.- (Rupees sevethusand lhundredonly) prEqityShare (•MaximumBuy-back Pric")payable1clwhh represent1.20 and 1.19'ofthettl paid-up equity slltecapitlandfreeres(uiclucng securltlespiumaccount) as per theauditeStandaloe Financial StatmentsandauditedConsolidatedAnlalStateentsfor tl1e lnanci yendedonMarch31,2023,respectiveyfrom1euityshareholdersIbeneficiaownesol te EquitySharesoftheCompanyoher than lpr ter. memerof pr tergoupand perons in contol ofle Company("Buy-back"). 1.2. Suje11 temarketprieotheEquaySharesbeing eqwltotheMaimum B-bcPrice,the indativ maimumnumber oEquitySharesb b wbe6,666(sixy six tllOUandsixhundred six1 six only) Equity Shares(•Ma1imum Buy-back Shara&"),represen1aimately 0.23'wfWislS t 25% o t tlpaid-upequityshare caalottheCompanyaofMarch 31, 2023.IItEquitySharesaebht backat a price belowtheMaximum Buy-back Price.tnumrof EQuityShares bought backcl lCetheMaimum Buy-bacShares,butwalwaysbesubjecttotheMaxmumBu-backSeI.e..t50.0,0,000- (Rupeef croreso.TCompanywillcomplywtherequrement ofmainang a m1npcshareholdingol alast25%01thtalpaid-upequitysnare capitaol thecompanaprov ulReu1auon3801 t Lis Regulatns dumtheBuy-ckproandupon complebo theol 1.3. Unl otherise perd undeaplicahle law, theCompanysllal uWise aleast75%oftheM Buy-backS1e i.e.t37.50.0.0 - (Rupesthirtys n crores flakhso) ("M inimumB�y-back Si2e")towardtheBuy-bak and acordngly,basedon lheMaxmumBuy-back PricanMiniumBuy· backSize,teCopanywill purchase anindmininum numberof 50,000(lfthousandonly) Equity Shars.Frratleast40%otheMaximumBuy-back Size i.e. �20,00,00,00- (Rupees twen1y cror ont,shaB beusedwithin teinh�ofte6(sixty-si�)Worli"Days fromthedate of the opening oftBuy-k. 1.4.TheBuy-backwill beimpld bytheCompny fromifreereseMsf1cludlngseun1es premim acco aIorsuhotsourcesasperdIna odance withSecton68(t)oftheAand Regutaon4(1v)(b)(li)aRegulaln5(f)()rudwithReolatlon4()andReglatlon16ofmeBuy-back Reguns.from theOenmarketthougl1stockexctiangemechnismusinteltronictg facityprovedbytheStck&changesandbyusigteordermtchngmechanisme "a ornone" ordematching systemasprovidunderthe Buy-backRegulonsapr-limeprionty-based oder matchin prinipleasprdunderNSEcirlarbearn refeence no. 362023withdownlad reference no.NSE/CMTR6034datedMarch17.2023, ansuchoher circlarsissued bytheBfromlimlo tme("Stock �changeCirculars").Fw'1her, asreqiredundertActatheBuy-back Reglation, the Companyshall notpurasEquit Shars tarelcked-inornon-tansfrable.itheBuy-back,unthe pend ofthelok-ior untll lhe Equity Sharebecomtansfeable.asappicabl.Thereare n pardy paid-upEquity Shares witcallsInarrearsof tleCompanyethetorleleshares. 1.S. TBord(or teBackCommmeecosd byteBod andempweredtexeriseitspowersin relation to lhe Buy-back).shalldtermineatItsole dicreton,!he timframe10cpletionollleBuy backandmyclselBu-back(whichshallobelate1 periodasmay be permitte undertheAct andIorBuy-backRegulatiosO amaybd1ectedbtheapproprateaulorities)after theMiimmBuy backSizhasb rachedand irowhethertheMaxmumBuy·backS1eha or fntbeen reached, aller givin appropriate nobetorsuchclosure and ocompletng alllomalitiesinthisregard,in accordancewi1 the Act andIo teBuy-back Regulatons. 1.6. TheBoardot Directrs in its mtin heloNovember07,2023. hasfodlherecord date as Monday, Novemer20, 2023.IacroanewithRegun17(ii) oftheBuy-backRegulatns,tBuy-baekofer shall open notlatetan4(� WongDaysfromtdateoftherecod dat andshall closevn6 (si-ix) WoDaysfromthe dateo tOjeningo tBuy-back {"lilaiimum Buy-backPeriod"). 1.7. The Buy-back fromoon-residenimembers,OCorprateBodies("DCBs"), Rreig Port Investors("FPls"), andmembrsofforeignnatinalit, ifany,and otherappicablecategories,shallbe subjt 10suchappr as mybereQuied incluing aproYalsfromthe Reserve BankorIndiunder the ForeignExchaneMaementAc.199adtrules.regulation framed thereuner. ifany.adsuch approvalsshallberequrred tobelakenbysuchnn-resident memers. 1.8. Acopyof llllPubliAMouneentwillbe available on thewebsites of theCompany(ww.atul.co.l)and Ised tbeavailabon thewebsiteoftheSEBI(www.se.gov.n). weblte orLStock EKchanges (wvr.nseinc.comandv.bsindi.com)a twebsite of Manager to the Otter (www.VMo.net) NECESSITY OF TliE BUY-BACK 2. 2-1. TheBuy-backisbeingundertaknbyt Copanytrrnsrptslun-s totequityshareholders ofthe CopanyadditonallytCompanybelieve thattheBuy-bakwill impove earing per sharebredun in the equitybase, tereylding10alo-trmincrase in thevalueof srehoers. 3 MAXllilUfl AMOUNT REQUIRED UNDER THEBUY-BACKANDITSPERCENTAGE OFTHE TOTALPAID·UP CAPITALAtlD FREERESERVES 3.1.The maxmum amontoffundrequiredfortBuy-backwill aggregateupto�50,00,00,00Q- {Rups feraresony) The MaximumBuy-backSize represents 1.20 a1.J!oftheaggegate of to paid-upequity sharecapitalad frereserves(Incudigsecurities pemiumaccount)as !theaudited St lo FinancialStateentsand audltd Colidatd Financia Stentfortefinanciayear eded onMarch31. 202. respectively(bngthelatestavaiable audttedSlandne andConsolidatedFinancial Statemens01UleCompany). Sincethe MaxnumBuy-backSizisnotmorethan 10 ofthetpaid·up equityshare c; and freereseves (includin securitiespemiumaccount) altCompany,le approval olshareholderso1theCopan1isnotruiredintrmsolSection68(2)()of!eAct and Reglation 5Q) ()otthe By4ack Reulatios. 3.2.TMaximumBuy-back Sizedoesnot Incldeanye ortransactocosts Incurredor10be incuredfor te Buy-back.suchafingfepayabltoSEBI.brokerage cos�lilugfees. airfe. intermiares·tees.publicannuncetpublication�,pintinganddispatchexpenses, appbcable taxessuchasBuy·bact,seut tansacton tg ds andsvicetx, sp du e.andother inciental andrelaedes. 3.3.ThefunsfortheImlementation oftpropsed Buy-back wi besoucedout ofmelree reseMsof !he Companyor suehotsourcesas may be p'mlted byte Buy-back Reulatiosorte ActBonowed ftlnclrombanksandnnancllnstrtutlon. IIany,wlmnolbeuseforthe Buy-bak. 4. MAXIMUli NUMBER OFEQUITSHARES THAT TECOMPANYPROPOSESTOBUY·BACK 4.1.Subjttto temarktpr1c oftheEquitySharesbeing eqtthe Maum Buy-backPrice,the lndie maxmum number ofEquity Sharesboughtbcwil o 66,666(sosixthousand sixhunred sbdys onl)EquityShares ("Maximum Buy-back Share$"),repesebng0.23%which Ilessthan 25%ofte tpai-upeuitysharecapital oftheCompanyasofMarch31. 2023.IIthEquiShares aebought back alapncebelowlMaximuBuy-backP,the number ol Equity Sharesboughtbackcanexceed teMaximumBuy-bacPrice,thenumt01 EqityShareboghtbackcaeceedteMaximu1uy· back Shares, but always bsubject totMaumBuy·bac Siz i.e., �50.00,0,0D· (Rup lil1 Cfeonly). 4.2. Unl otherwise pmited under alicable law,theCompanysluseatleast75%olleMaimum Buy-backSile I.e..�37,50,00.0 1- (Ru 1hltty seven crore fillylakhson1J("Minimum Buy-back Size•)towards the Buy-back andaccordigly, based onlheMlmmumBuy-backSile. thCompanyv11ll purchase an indiatie minimum num�r 01 50,000(lillythousand onlEquitShares ("MinimumBuy back Shares"). 4.3. TheCompanysllutms40%oftMaximumBuy-back Size i.e.. �0.00,0.0D·(Rupeestwentyaores onl)wi1int Initial halt of te66 (siy-s}Working Days lromt de oltheopeni ol the Buy-back. 5. MAXIMUMBUY-BACK PRICEAtlD BASIS OF ARRIVING AT THEBUY-BACKPRICE 5.1. The Mamum Buy-backPrieisU,50Q- (Rupees seven tousand fivehundredo)perEqity Share. TheMaimumBy-bakPrice hasbeearriveataftercnsioingvrioufr,inludingbnol �mited t,thetendsInvolum-weghtedarmprisoftheEquityShars o lCompanyon Stoel Exchang during3(tree)monmsprecedigte deoftheBordMeetng, closigmaetprice on!e day bfore theBoardMn.pneear gr athepl Impact ontnet •0rthaearngs per share ol theCompany. 5.2.TMaXmum Buy·b Piceof\7,50- (Rueseventhusandfive hndretonly)pEquif Share repreent: 5.2.l.aptemlum 01 9.27% overthe volumeweightedarmarulpiceoftheEqutl Shares oNSE(thestock ehange where lemaimumvlumoflradgintheEquitySharesisrecored)lo.3 (hree)mnths precedngt daeollhe BoardMeetgwhichwas,6,863.7S(Rupeessithousand ehthundrsixly treeasefivtpaise): 5.2.2.apremiumof18.57%ovethevolume-we!hledaveragmarketpriceoltEquitySescNSE(the sockexchang where tmaximuvolumoltrduigin teEquShasis rcoded) for2(to)wees precedng the da of te BoardMeetngwllichwas�6,325.63(RupeesSthoust�hundrdtwenly fandste ps);and 5.2.3.The closing maretprieolthe EquitySharesaofteday befeeteBoardMee�ng was tS,708.70 (Rupees six thod seven nundreelOhtandseventy�) onNSEa,6,701.25(Rupees sixthosand sevenhndredone andtwentylpaonBSE_ 5.3. TBuy-backis popsedtbecompd'ntMaximuBuy-bakPeriod.SubjectttheMaimum Buy-backPofU,5 -(upeesseventhoafhundrdonly)per EqityShare, theMamum Buy-backPend.andachietoftMinimmBuy-DackSiz.theactualUme trme a tprice tortBuy-backwIbedetermindb)•theBoardortBuy-backCo itee or trdulyauthorised representatives. at tirdiscretion,maccordancewim lhe Buy-backRegulations. 5.4,In �crdncewi1 Secton68(2)(d)oft A aReguaton4 ()of tBuyckRegulns,terato	xcngesy theCompany,Inaccordance with theSBIcirulardate Maich OS,2023, Operaton Guidnce-Amendentto IhaSecuritiesandclngeBoardofInia(Buy-ack ofSecurities)Regulations, 2018 andasprunderSt1EhangCirursandasuchprice initssoledscreon,which may be bw theMaXmumBuy-backPrice ofU,5001- (Ru�es seventhousand live hunded only)Eqitysnre. 6. COMPLIANCEWITREGULATIONS 4ANO5OF THE BUY· BACK REGULATIONS Items ol theprns01Regulato4(iv)andRegulatonS(i)(b)otthe Buy-backRegultions,toie foBuy-backttrougtheopen marketroutecannot be madefor10or more olthtotapai-upeqrty Caandf reervoftheCompanybaseontlowlolStandaoneoConsolidatedFtnancfal Stateents ofthe Company. Aperthe latet audidBalare Sheet oftCompanyasofMarh31, 2023,thetotalpaid·upeqity caa fereervesaas follows: Totaloald-uo en coltalIA) Total !tee reserves!Bl Pculars Taloald-uo eau1tv.nltaland lree reserves(C=A+Bl Maximum amoum permissible towards Buy-back oequitysh In accordance with the proviso to Sn68(2)(b)ottheCompes At. 2013 �in Crore) Standaone Consolld1l 29.51 29.51 4,123.01 4.173.68 4.152.52 4.203.19 read witprovisotRegulation4(iv)a5v)(b) of te Buy·back Regulati� (10%opad-upequitycapitalafree reerves.based onthe Standalo o 41525 Consoldad Flanclal Statemts ofteCompany,Whichever setouta lower amount.) Basd on theabve, theMaximumB-bak SieI.e.,t50.0,00.00-{Rupesfity crs only) isnot more tha 10% of the aggregate totalp;id-upciandfreeresrves oftheCompa,basdotheS! eo ConsoliteAnancialStme otheComy,whicheersets outalower a 7. METHOD TO BE ADOPTEDFORBUY·BAC.AREFERREDTINREGULATION4(1V) ln leratRegulaton40(1}otheSEBI ListngRegultns,ecincaseattasmissioo tnspsitio olsrities,requetsforeHectintansfer olsecutiesshallnt be!ocesseduness IeStturities held indemterlalisedtrmwithadeposryAccordinly,theBuy-backisopentb ownershoing Equity Sharesidmaterialisedfor("DemalShares")- Thepromoter. promoter group,anlheperson iconloteCompanyshallnotparticipatein teBuy-back.Further.asrequiredund the Buy-ck Reulation, the Company wdlnotBuy.back Equ Sharswhic arelockd-Inorno-tran1erle,unti the pend ofsuchlock-in°unllletime suhEquSharebmetransferbl,as applicable. InrelatiottheBuy-backotOematShares,texecution of theord,issuance ot contrct noand rrofpaymentwoulbe carrieoutbtbroker,appinted bythe Company, inaccodancewitte requiremoltheStockExangesandthe SEBI. 3. DETAILSOFSHAREHOLDINGOF THEPROMOTERS AND PROMOTER GROUPANDOTHERDETAILS B.1 O olt aggsreholngof tpromors.mbers of the promoter goup. directos of!e pomotersamembersofthepromotergroup(where the promoter or themembothe pomoter goup Iacompany)oteCompaJasof tedateofthe Board Mt Isabow·. Sr. Nameof shareholder No, ol Eqully % ofthepai-up No. Shares held euisharecaoital Qt AaaamHoldinasPrivateLited 66,54,100 22.55 02ArvinFarms Private Limited 27.96.208 9.47 03AagamAaeniesPriateLimtted H.95,llOO 4.05 04AaResourcesPrivateLmited 6.1S.60 2.09 05 AkshiHoldinasPrivateLimited 4.64.40 1.57 06Adhiami Investments Pri•rate Limited 455350 1.54 07AnusandhanInvestmentsLimted 2.35.00 0.80 08 SamvMbhaiArvindbhaiLal!hai• 2,07,814 0.70 09 Samvegbttar Alvlndhai(OnbhorSamveghai Arvindbhai LalblaiHUA 1, 14,943 0.39 10 SunilSiddhanhLalbhai 93,326 0.32 11 SaumvaSamvPbhaLalbhai 74,{70 0.25 12 Swati S Lalbhai 6 0.21 13 TaralS Lalbhai 51.591 0.17 14 SambhaiArvindhaiLalbhai!Onbeha ofAsTrust) 50,00 0.17 15 Sa:mvobhaiArvindhai Lalbhai!OnbehaHof AdwailTrusll 50.QO 0.17 16AnamiabnSarve�bhaiLalbhai 47.19 0.16 17Swali Sidcart LalbhiranlehallolSiddhatfamiv Trust\ 35620 0.12 18 SunilSiddharth lhai(OnbehallofSunilSiddharthHUF 31.54 0.11 19\11mlabl s Lalbhal 25,750 0.09 20 AstlalbhaJ 20,50 0.07 21 Nishth SunllbhalLalbtlal 5.500 0.02 22 Sanjaybha Shrenlkbhal lalbllal (Onbehall ofArvlndbllai LalbhaiFamTrust) 3.653 0.01 23 SunilSiddharthLalbhai (Onbehat of VimlaSiddhar1Famil Trustl 2,724 0.01 24 Swall SlddrtLalbhl(OlhalfolSunlLbhal EmoloveesTrust 1I 2,00 0.01 25 LalbaiOal 11aiHlF 1.16 Nealiib 26 HansabnNiranianbhai 562 Neb 27 ShetNarttambhaiLalbi 49 Neoliibl Totalshareboldina 132,97428 45.06 . . . Or o2,07,814 shaes,Smvebi Afnda1 lbhods 5,437shares as 1rusJee of MmrN1ran1anTrst (N: ATM1425G) 8.2Theaggregashareholdinol diretors of corporate promoterandpmotergroup olteCompany(o1er than thoincludedavas of1 d othoBoard Meeting: Sr. Nam of shareholde No. olEqully % ofthepai-up Ho. Shres held eauttvsharec•1ltal 1 GhanshvamRanchhoddas Parekh 0 0.00 2 ArvinbhalOhlrubhalPtel 0 0.00 Totalshareloldina 0 0.00 8.3.Except as disclosedbelow.nEqurySharesorotherspecifiedsecunbein tCompanywereithr pureas,eosodbythepsonsmentionedin paragraphs 8.1and8.2 aboveduMgaperidof12 (twelve) monlhs leedlng the date ol thisPublicAnouncement(I.e., Novemb 09.2023): Namol Aggreoatno. Ntur o Maximum Date of Minimum Date of shareholder ol EquityShares trnsion pri(�)· maximum pcem· minimum purchasedIsold price price M.Tara!S. Lalbhai 10 Ma� 8,139.00 November 6,010.0 Noveber purchase 22.2022 22, 2022 MSamvg Lalbhal 200 Dispsal by Nu• December NII" Deember wavofoifl 22.2022 22. 2022 Adwait Trust 100 AcquiSition by NI• Decmber NII' D�eber wavoraill 22. 2022 22, 2022 A Trus 100 Auisibn by N• December l'lil� �ber wavofolft 22. 2022 22.2022 MSlalbhai 9.BOO Dlspsalby N•December Nil• Oecember wavofaift 29,2022 29, 2022 AdwaitTrust 49.901 Aqun by N' Oeceber Nll December wavofail! 29.2022 29_2022 AkTrust 49,900Acquisitonby Nil' December Nil' Oeceber wavofail 29.2022 29.2022 MrsVila Skdharlhbal(on 4.612 Dposal-o Nd"'Fetury23, Nil''Fbuary23. battof V 11la mrket transfer 2023 2023 StddharthTrust) Acqisition Feba23, Fbrary23. MrSw1ilLhai 1.554 -0 markt N•• Nil•* trnsfer 2023 2023 Acqisiti February23, Febrary23, Ms Swat Lalbha 1,504 - offmat Nil" 2023 Nil" 2023 trnsfer Aqisit Febua23, Febrary23. MsTaials Lalbhai 1,554 - ofmarket Nil"" NII•• trsfer 2023 2023 MsSvatLbhai t,554 Ma s 7,036.00 March27. 6,90.10 March27. 2023 2023 MSunilSidharth Lalbhai (onb l,5S4 Market 7,036.00 March 27. 6,904.10 Mar27. ol Vimla Siddht purchae 2023 2023 FamllTrst\ MS<umyaLalbhi 1.0,000 Dispsal by Nil"'Marc31. Nil"'" March31. wofaift 2023 2023 MSo Lalbhal 1.0.0 Acquisitn by Ni"'• Marcil31. Nil"'� March 31. wavofailt 2023 2023 HansaNiranjanbhai Dispo (Onbalfol 5,437 bywayol N'"' Apn105, Nil""' Aprl 05, aniniN1ranin 2023 2023 Trust) transmission Samvegbhai Arvindhai Lalhai Acqisitio Apl 05. ApnlOS, (Onbehalfof 5,437 by wayof N.. •• Nii•• .. annlNiranian Tran misio 2023 2023 Trust) 'T pi tpat w t t wec ecusioftaesand tnsac. •Te lsetransactionf M SvLto Mltrrut a A Tst wsg adhence conw no iv ••Themter-se transactOnfrm M V Slddh(on behalO V Sr Trt)10Mr S L Ms Swal latbaJ an M T SLalralwas don dssooatst and hence co wa not inv	9.1.IaccordanwReglation16�i)o1teBuy-backRegulations, sin theBuy·ba isbeing implemented by wayoopenmrke1trough theSckExchanges,tBuy-backsh ntbmadebytheCompanyfrom thePromoters anPomorGuoftCompyapersonincnloftecomp, 9.2. FurterInaccordane with lhe Reolalion 24(1}te}oftheBuy-back Rlalon. nPomand PromoterGroupnortheirassoiats hav datitEqui!Shares orotherspecifd :uries at the Companyeitherthrough the StokExchangeorott-ma1tranactns(incudigisetransferol EquityShares among the Promotes and Promotr Group)from lhed oteBoarMeetngt the date of!hePublicAMouoeentandshalnotdeal inte Eqity Shres or oterspeciedscuriUes ofthe Company 1f1ouQl1 the StockExangesoott-maOOttrnsactions(111cludin9 inter.se l1er of Equity Shares amonlhePmoandPmGrop)frothedaot1PublicAnnouncement tinthe copleiiooof t Buy-bac 10. NO DEFULTS TCopanycnfrms thatthere are no deau�s subistgithe repaymetordosits acceptedeither bfoeorafter te commenof teActorinteresttereon, r�ptio ofdebesor irest paymentlhereonorredemptonofprefencesharsor paymetofdividenddue t as leor repaytolanyteilanorinteretpaya�1hereoto aJfinanciallni1utlo orbans. 11. CONFIRMATION BYTHEBOARDOFDIRECTORSOF THECOMPANY TBoardhatItsmeetinglleldoNovembt07. 2023.confirmedthatLhavemdeFullenqir Into the affasadprospectsotheCompanyathatteyhaformed an opinion: a)thatinmediatelylong te dte olteBordmeetng i.e.November07,2023awhihI Bu-back oftheEquityShares oftheCompany1aproved. t Y benorndson whchtCompanycoud befol dunaeto pay itsdebt; b)tat as regardsthepospectsot te Company fortyaimmediatyfollowin the dale al theBoard mg heldonNoveber07,2023 and having regdtthe intentio otteBoardwj!hrespecttthe managementofthebess oft Comanydring that yearandtothe aunt acha ofthe fanclal resouces.vchwil,In te Board's view, bavailabto thCopany dunngtatyear,the Companywillbeal tmeetitsllabilitiesaandwhen they faldandvll not be 1enderedInsolvent within aperdotoeyearlromt deoltheBoarm heldoNovemo07,2023. c)tatwehavetakn Intaccounttlblli�s asi!he Compan� werebeingwoun up undrthe povisionsol1heComanies Act.1956orcompiesA2013or theIsolvencyaBanupty �de,2016(inludingprspective acontinentlbllbe);and d1atthedebt equirtiooftCompnyaltertheBuy-backwillbewithintlimftof2:1asproscried under S&n 68(2)(d) of teCompansAct.2013aR�ulatlon4(i)otheSEBI(Buy-backol Securies)Regulations,201B.asamended. 12. REPORTBYTHECOMPANY'S STATUTORY AU[JOR T t othereportotNovembr07.2023,receivedfroDelotteHa &SellsLLPCharteed Accountants (lirm registralioonmb- 1173S6W(W-1001B),theStatutoryAuditors of theCompanyad theannedstatemntofcomutan ofpermisblecapitalpaments ftheproposedBuy-back ofEquify Shares of thoCompan�.addre ed to lheBoarofOir otCompyarerepoded below; Quote TO, TheBoardDDireclo, Alul Limile Valsad Gujarat.India Dear SirsIMadam, Re: Slalutory Auditor's ReportInrespect of proposedbybackol equity sharesbAtulUmle(te "Company")intermsatClause(xi} of Schedule IoftheSeurities andElcltange Boardof India(Buy BaolSecuritie)Regulations,2018,as amededf'lheBuy-back Regulation") 1.ThisRepotisissuedioaccordancewittermsof ouregagemtletedatedSeptmber30,2023. 2.TheBordof Diretors oftheCOmpanyhaveaproved a prpOforbuybackofeqityshare bythe Company a1itMeeting hldoNovemo07, 2023,inpursance ottheprovisionsofSens68. 69 and70oltheCopanAcl.2013,aamended(!he"Act) ad te BuackR�ulations. 3.W habeen requested byt Management ofteC-mpanytoprovideareport onllleaccopanying 'Sta1ement ofPermissibeCapitalPayment asat March31, 2023('Annexure A)(hereafterrelerret as the·sttement".Thi Stat nl b preparedby the Managt,whichvhavein�ial tor the purposes alidentifican onty. Management'sResponsibility 4.Thepratonof theSt in Cmpance with theprovisotSecton68(2)(b)oftheActand compliance witteotrelevatprovisionsofteAc1teprovisotRegutn4(iv) andtheproviso to Regulatn 5(�() of the Buyback Regul<tons and compliancwih tBuybckR�lation, Is the responsibUtyof tl1eManagement of te COmpanv.icludingU1ecomutabnoltamountol the permssiblecapitalpayment t praraonand manceora accountingandother relvant supportn records an docum Thisreponsiilityiclude tdesig,impmentanand meanceointeralcools re�vantto lhe paron anpresenttionoftheStaementandapp an approp1atebassopreparaton;amakingestimats tat arereasonaleInthecirumstce. In theabenc ofadefinitioo oguidefor"Insot r\heBybackRegua1ns. te Company hasconsieredasi1atonfornot bein able tocntinuasgogco(as mennedinStandard on Auditlg 570(issuedb�thelnse ofCh edAccountantsof India) forapriod ofoyear fromNovember 07.2023as "Inlvent• Auditor'sResponsibility S.Puruanttoterequireof the BuybackRegultns.rIsorespo1ility toprodeareasonable assurthat: iwe!inqiredintothostteotaHairs ottCom!Wlyinrelation1theannualaudidstanctanea consoldaed financialstementsas at Marh31,2023, ii.tamontolpermssibl capi1al payment asstted inAnnexre A.hasbnpropertydetermined cnsideing theannuaaudi1edstandaloeaconslidatedlinancalslltemenl as at Marcll 31, 2023; in acrdllcewittithe provtoSetion68(2)(b)oftheA, tprovisotReulatio4(iv) andthe provisotRegulao5(i)(b) of t Buyback Regulatios:and i1.theBod oDirectorsoftheCompany,atheirMeghedonNovember07, 2f23laformedthe oinionassecitied in Clause (x)of SculeItolheBuybackR1lations, oreasnabegfQnds andlhat1e Company wi nt.having r to it stte olaffairs,brenderedUisolvent (asdefned Inmanagementresponslllify aboe) wiina piodofonyeartmmthe aforesaid date whereat the proposedbuyback Is approve. 6.Tanualstandaone andcnsodated financ stments referre toinpaagraph5 a, hv beenauditedbyus.owhihwhveissuedaunmodi1daudttoinion in ourrrdated Apil 28, 2023.Wecouctedour aud oftheamualstanalon and cosoliatedfincialsttement In accordancewilhthStand<fdsonAudinspecifiedunder SecUon 143(10) of lhe Actand other appicablear aliveprononcement i bytIntituteo1 Charlered AccoutoIdiaThose Standards reuire lal wepadperformtileaudnlootreasonale assurance aboutwhether lhefnancisttement arefreeomateria lmissment Oraudwas not pdandperformd in connecionwanyt stoIdentfy materstatmyooofpoteinerest lo thirdparties. 7.Wconductedourexaminatio olleStateentin accordance wU1eGuidance NoteoAudit Reports andCsIOISpeialPuroses (2016),issuedby tlnstnu1eoCharteredAcuntant ollndia(he "Guide Nole')anStndarson Aditing specifdunder Section 143(10)ol tActin sofar as applicabl fotpurpse oltiscertificae.TheGuidance Note requires t wcomplwith theethialreuiemen1s oftCodeolEthiI byI lnseofChartAccouof Idia. B.We havecmpliedwittherelevantappicablrequirements ofI SlanddonQiControl (SOC)1. Q tCon1lforFirmstatPerformA.ltsandReviews of Histor FancialInformation,and Other Assurane andRelated Serces Engagement. Further our eamaMndidnoteid�dtanyo p1 andaspctof alegal orpopietaiy nature Inthe aforesaidBuyback. OpiaiDn 9.Based oninquilescnduted aourexminaion a ave. wereprttht iWe haveinquiinto te s eofaffirsofteCompanyinrntoIanualaueted standne ad consolidated fnancial stements asalafoteyeareded March 31,2023,vmchhabeen approvedbyteBodofDiretorsofteCompayonApnl28, 20Q3. ii.Theamountofpermissib capftil payment towardstheproosed buy bJckoequty shares as cmputedin1 Statattahed herew,asAnnexrA,iourview hasbeenproperlydeterined inacord cewiththeprtSection68(2)(b}of!heAtt(ovlsotoRegulatio46v)athe provisotRegulatioS{i)(b)of t BuybackRegulatios. ii.TheBoardoDirctorsofthe compay,at timeetingh oNovemb07.2023have formtir opininaspiiedioclause(xofScllule Itothe Buybaek Regulations, on reaonablgrounds athallhe Company having regard toIstateoafrs,willnot brenoelnsl�enl(adefinedIn m gement responsibity above)wrthinapendofoeyafromthe daeofpassingo1eBoard ReolutiodateNo�eml 07. 2l23_ Reslrlctlonon Use 1o.Thfsreprth bnissueatlreqe1oftecompanysolelytoruseolhe Company(iin con wtth thepoposbuyback o l equity sharesolthe Companyasmentioned inparagrph2 above,(ii) 10 enabtBoard of DirectJs oftCompanyto include inthepulic anuriemenland other documntspertainin10buyback tbef w(a) U1eReistrarof Companis.tSetrttles andExangeBoardofInda, stockexhanges.aanyotherregulyautrity as per applable lw. (!)theCentral Depoitory Services (India)Lited,NationSecuresDeosiYLmited and(c)can besharedwtththMerhantBankers inonnectnw tpopse buybackofeui1sharesofthe CompanyforonwardsbmiintrelntarinpursuncetthepovisiosofSectio68 andother appliable provisions of the Actandt Buybac� Reguluons. andmaynot bsuiforany other purpoe. Thisreportshould not be used loanyotherprpowithoutor priorwritteconsent Accodingy,vdonot accept or assueanyliability or anydu1yofcareforany otherpurpseoto anyotherpeon towhmlhiscertilicaleis$hov orintowhohdsitmaycomwhoutopnor corentin writing. Place:Mumbai Date: November 07, 2023 FrDelolfteHaskins & SlsLLP CharteredAccon1an1s {Firm Registration No.117366WJ-100018} KetanVra Partner (MembershIpNo.100459) UDIN: 23100459BGXJNU3705

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the Buy-b<lol< equivalent to the Minimum Buy-back Size or is not able lo utiise a minimum oi �0% of l1. DETAILS OF THE ESCROW ACCOUNT the amount earmart hang�:s on a daily basis in accmdance with the Buy-back Regulations. The Company will also upload the will deposd the applicable escrow amount in the form of cash, in tavou1 of tile Manager to the Buy-back informatioo regarding Ille Equity Shares bought back by ft on its website (www.atut.co.in) on a daily basis. tor an amount of �12,50,00,000/· (Rupees twelve crores !ifty lakhs only) being 25% of lhe Maximum Buy· 17.15. Shareholders who i to participate in the Buy-back shou1d cansutt their respecliwe tax advisOfs for back Sl.Ze ("Escrow Amount") within 2 (two) Davs from tile date or 1111s Pullc Annoul)Cent In applicable taxes accordance with the Buy-back Regulations.

Anne1ure A Sa ement of Permissible Capital Payment C001putation of amount of pennissible capi1al payment towards Buy·tlack of equity shares in accordance wtth the proviso to Sectioo 68(2)(b) Of the Companies Act, 2013 (1he Act") and the proviso to Regulation 4(N) and srn {b) of the securities and Exchange Board or India (Buy-aack or SecurltlesJ Regutatlons, 201 s, as amendEO, based on annual audited St lone or ConsOlidaled Rnancial Stat nts as at and for the year ended March 31, 2023: St1ndatone Consolidated Particulars Paid up Equity Share Capilal as on March 31, 2023 (A) 29.51 29.51 2,95.13,755 shares of �10 each. General R . 2.52 Retained as Financial Statement 4 106.65 Add: Net unrealised loss 16.36 18.49 Retained 4,123.0t 4,171.16 Total Free Re�erves 4.123.01 4,173.68 Total C= A+B 4,152.52 4,203.19 Maximum amount permible towal'dS Buy-back of �ulry shares in c·10% accwdance wi1h the proviso lo Section 68(2) (b) of t Companies Act, 2013 read with proviso to Regulation 4frv) and 5(i)(b) ot the Buv· 415.25 back Regulatloos (10 % ol paid up equity capital and free reserves, based on the S1andatane or Consolidated financial Statements al 1hf w che�er sets out a lower

METHOD OF SETilEMENT SETilEMENT
METHOD OF SETilEMENT SETilEMENT 2 t .2 If the Company is not able to «implete the Buy-back equivalent lo the Minimum Buv-back Size °'is not 1 8.1 . Selllemenl of Oemat Shares: The Companv wi pav consideration for the Buy-back to the Broker or able lo ublise a minimum of 40% of the amount earmaJ"'8d for the Buv· back within !he aiitial half ol the 66 the Company on or before every pay-in date for each settlement, as applicable to the Stock EJCchanges (sixty-six) Wofldng Days from the date of opening of lhe Buy-back, except for the reasoos mentioned in the where the tr n 1s execuled. Demat Shares bougttt back t:>y the Company will be tiansferred into Buy-back Regulations, the amount held in the Escro1 Account (up 1o a maximum of 2.5" of the Maximum the Buy-back Oema1 Account by Broker of tile Company, oo receij)l of such Oemat Shares and after Buy-back Size). may be liable to Ile forleited and deposited rn the Investor Ptotecuon and Education Fund ol compteUon or Iclear109 and settlement obligations of the Stock Exchanoes. Beneficial owners hokng the SEBI or as directed by the SEBI ic1 accordance with the Buy-back Reilulatlons. delivery instruction sfp to their reto Oethe mat Buy-baci'., Shales wiIn favour be required of thlo etransfer lhe ir sstockbro"'8r thpective Depository Participant number of such rough whom the Demat trade was executed. by tendering Shares sold to ("DP") for debiting their bthe Company epunefrsuaiciathe ry nt 2 i.3, The obligations in aamount lying to cc0hange Boatd of India (Depository and Aounc nt and the comispondlng volumes on BSE and NSE are as follows: Participants) RegulahOns. 2018, as amended and me byelaws. me circulars, and guidelines framed NSE (Scrip Symbol: ATUL} th under, each as amended from time to time, in lhe manner specified in the Buy-back Regulations 1 and Low the Act. The Eqully snares lying in crecW in tne Buy-back lli!mat Account wi be extinguished w111n tne Total et that No. of No. ol Weighted volume 18.3. timall days Cooslderalioo for the Oemat Shares bOught ine prescnoed under of expiry of the Buy-back Equback ity the Shaies Buy-back Re9ulatioos. provided that tile Campany undertakes to ensure by period. the bCooughmpt anback y pursuant to the Buy-bby I Company wil be ck e paid extingonly by uiswheay d w1ttun of cash through 7 (seven) High price <tr high Date of price on s.!lares traded that price (�1· Low low Date price of traded s'1ares on 1 1 Average (')•• price the traded (No. period of in date date shares) no anne . rmal banldng ch ls

•rree reserves as rJellned 1 Section 2(43) of me Acr re4d illong with Explanalfo II provirJed in Section 68 of the AC!. Retained eamlng have been computed after ellm1naMn of folowmg unteatlsed (gain) I loss: on a) Unrealised (gain)! kiss mu1uaJ funds

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b) Unrealised (gain) I loss on foreign exchange di11erence

Note: The amount of paid up equity shate capla and tree reserves as at March 31, 2023, have b extracted from the annual aud�er and oo beha� of Board of Directors of Atul ltd (Sunit Lalbhai) (DIN: 00045590) Chairman and Ma nag Ing Director Ma nag Ing Director nag Ing Director Director irector or r Nov r 07, 2023 Unquote"

BRIEF INFORMATION ABOUT THE COMPANY

19.1 . Atul Prnducls Limited vras incarporaled on September OS, 1947, under the Indian C001pames Act. 1913.

Chairman and Ma nag Ing Director Ma nag Ing Director nag Ing Director Director irector or r Gujarat Aromatics lhmted was lncwpOfated in the state of Gujarat on December 1 1 , t 975, under the Nov r 07, 2023 Companies Act, 1956. ThereaJter, purslL'lnt to the order of the Hon'ble High Court of GujaraJ dated JtJ!y Unquote" 29, 1988, Atul Ptoducts Limited was merged with Guiarat Aromatics Limited m 1975. Later, the name 13. INFORMATION ABOUT ACCEPTANCE OF EQUITY SHARES IN THE BUY-BACK TO THE SHAREHOLDERS ot Gujarat Aromatics Limited was changed to Atul Products Limited pursuant 10 a lresh certificate or OF THE COMPANY lncorpOfation consequwt upon the chanl)fl of name dated September 14, 1988, Issued by the Registrar 13.1. Pursuant to lhe cltcular no. 2021031�1 dated Ma1ch 19, 2021, f ued by BSE and circular reference of Companies. Gufa(at, Oadra & Nagar Havet1. The name of the Company was further changed to '.Atul no. 10,/2021 (download refeience no. NSEASC/48147) dated April 30, 2021, issued bv NSE, ll'li! Slock Limited' fAlUL 1 pursuant to fresh certificate of incorporation consequent upon the change of name dated Exchanges are required to identify the counterparty to the trade executed by the i Company under the Buy· July 22, 1996, i by the Registrar of Companies. Gujarat, Oadra & Nagar Havel• al Ahmedabad. The �k using the unique ciient code provided to the Company on a daily t>as s. Post such ide1lcat1on. the CIN of the Company is l99999GJ1975PLC002859. Stock El(changes shall send an SMS and email ro suth sllate' olders vihose sea order gets matched against 19.2. The registered office ot the Company is located at Alul House, G I Patel Marg, Aedabad • 38-0 014, Bw·back orders of the Company on the exchange trading platform together with Ute relevant details such Gujarat. India. and the manofacturlng laclfities of the Company are located at Ankleshlvar, Atul and Panoli, as quantity and price of the Equity Shares that are l>ought back. Gujarat and Tarapur, Maharashtra, lnile numbers and 19.3. founded companieby Ms in India. TI'M! r Kastutbhal LalbCompany al mon anuS1!1>tember 05, 1947, Afactures about 900 prToUdL ucts IS one (such as para-Cresol and derivalives, of I largest integrated Chemical 13 3 For m0<e information on the process of identification and circulation of the relr inlormatioo to Ute resorclnOI and deriva11ves, vat dyes, sulphur dyes. herbicides. fungicides, tissue cu.'lured date palms. active shateh20210319-1 dated March 19. 2021, olclefs whose Equity Shares and NSE get accepted under the cuculaJ reference Buy-back, no. 10/2021 (download please refer to refBSE firenccircular e no. NSE/ no. pharma a wide range ingredients ol customers belonging to over and intermediates, epoxy resins, reactive diluenls, 30 industries 11 arounsic) d 83 and countnes and 400 formulations. has established It serves ISC/48147) dated April 30, 2021. subsidiary companies in Brazil, China, the UAE, the UK and 1lwl USA. The C-Ompany oers a wide range 13.4 The Company w1D be discharging the tax on the Buy-back of the Equity Shares at the applicable rate In ol pc-oducts and applrcatlons used In Ag�ltute, Adhesives. Animal F, Automobile, Compo , accarance with the provisions of the Income.true Ac� 1961, read with the rules ltlerel1J1der. Construction, Cosmetic, Defence, DyesMI, Electrical and Elecroncs, fear, Food, Fragrance PART B - DISCLOSURE IN ACCORDPJICE WITH SCH£0ULE IV OF THE BUY-BACK REGULATIONS and Ravour, Gfa. Home Care, Horucutture. Hospltatlty, Paint and Coatings, Paper, Personal Care. 14. DATE OF BOARD APPROVAL FOR THE BUY·BACK Pharmaceulieal, Rubber, Soap and Oeteigent. Sport and Leisure, Textile, Tvre and Wind Egy industries. The Board Size Is not at more tits meeting held on l'lo11ember han 10% of the total paid-up equity share 07, 2023, approved the Buy-back. Since capital and free reservthe es �ncludlng secur�mum Buy-back 19.4. The Equrty Scrip code[· ] Shares 500027 al stihne Company ce May 06. 1998, are listed and and April tra28, ded 1978, an NSE with respectivetf. The ISIN Scrrp symbol: oATUL and BSE vrith f the Equity Shares premium accoun1) or the Company based an lower ot Standalone and Consolidated audrted Financial of I Company is INE100A01010. Statements of the Company as of the March 31, 2023, the approval of shareholders of the Company is not 20. BRIEF FltlANCIAL INFORMATION ABOUT THE COMPANY required In tenms of tile proviso to Section 68(2)(b) of the Act read with the proviso to Regu1atlon 5(1}(b) of 20. 1. 1. The Sled flnanetal information about the Company oo tt1e basis of unaudited 111d review standalone ihe Sled flnanetal information about the Company oo tt1e basis of unaudited 111d review standalone ie Sled flnanetal information about the Company oo tt1e basis of unaudited 111d review standalone iresults led flnanetal information about the Company oo tt1e basis of unaudited 111d review standalone iflnanetal information about the Company oo tt1e basis of unaudited 111d review standalone iand unaudited �miled miled iled ed review the Buy·back Regulations. results led flnanetal information about the Company oo tt1e basis of unaudited 111d review standalone iflnanetal information about the Company oo tt1e basis of unaudited 111d review standalone iand unaudited �miled miled iled ed review �miled miled iled ed review solollidated basis of unaudited 111d review standalone ifinancial tor 111d review standalone ilhe Six d review standalone iSix months lhe Six d review standalone iSix months erriod

Source: WW!l.nselntJ/a.com • High and row pdces aJe based on rile high and low of the dally pdces. • • Weighted A•1erage Price (Total Turnover I Toca/ Traded OuantilY) fOt 1 ltading days during the petiorf 8SE (Scrip Code: 500027) Hi Total Low No. Of No. 01 Weighted volume Period High price Dale of shares traded price Low Date of shares tr1ded Avperice rage the period traded in �r high price on that (�)· low price on that �)·• (No. of dare date shares) PRECEDING 3 A�ANCIAL YEARS (FY April 01, 2022·23 10,295.20 8,258 6.750.00[Mllrth ][16, ] 882 8.411.61 4,37.699 fY 2022·23 2022 2023 FY 2021-22 2021-22 10.969.00 1t, 2021 October October ctober ober ber r 2,470 7.062.00 April 2021 01, 2021 01, 01, 1,955 9.130.23 9,92.862 FY 2020·21 2020·21 7.234 30[[Match ]] 2021[[25, ]] 1,439 3.750 00 April 2020 03, 2020 03, 03, 5,898.50 7,44.662 PRECEDING 6 MONTHS MONTHS October 2023 7,060.00 05, 2023 October October ctober tober ober ber 27, 2023 Octobe! Octobe! ctobe! tobe! obe! be! 2,653 6.674.89 35,894 mber er r Septe2023 mber er r 7,586.95[[S][e][p][t][e][m][ber ]][[e][p][t][e][m][ber ]] 2,394 6.932.00[[September ]] 923 7.314.09 31,505 2023 mber er r 11, 2023 26,2023 August2023 7.349.90 31, 2023 August t,247 6,656.45 14, 2023 August 1,347 7,022.26 55,048 July 2023 2023 7,053.65 July 2023 03, 2023 03, 03, 2.457 6,469.25 July 2023 21, 2023 21, 21, 12,552 6.688.44 80,091 June 21, 21, June 12, June 2023 7.165.95 1,661 6,643.00 6,947.20 63,857 2023 2023 May 2023 15, 15, May 02, 2023 02, May2023 6.967.15 2023 15, 1.253 6.524.95 2023 02, 6.741.06 38.685 Soun:e: www.bselrt<IJa.CDm • High i/ltJ w prices aJe based on rile high anrJ low of the dally prices. /ltJ w prices aJe based on rile high anrJ low of the dally prices. prices aJe based on rile high anrJ low of the dally prices. rile high anrJ low of the dally prices. of the dally prices. the dally prices. dally prices. • • • .3. lntlmatloo of the Board Meeg convened to 3. lntlmatloo of the Board Meeg convened to Weighted Average Pn'ce (Total Turnover I . lntlmatloo of the Board Meeg convened to lntlmatloo of the Board Meeg convened to of the Board Meeg convened to the Board Meeg convened to Meeg convened to eeg convened to eg convened to g convened to convened to Total to Tconsider the pfOl)Osal of the Buy-back was given to BSE and onsider the pfOl)Osal of the Buy-back was given to BSE and nsider the pfOl)Osal of the Buy-back was given to BSE and ider the pfOl)Osal of the Buy-back was given to BSE and der the pfOl)Osal of the Buy-back was given to BSE and Quanrity) fot a trading days during the pen'od. the pfOl)Osal of the Buy-back was given to BSE and pfOl)Osal of the Buy-back was given to BSE and fOl)Osal of the Buy-back was given to BSE and sal of the Buy-back was given to BSE and l of the Buy-back was given to BSE and trading days during the pen'od. of the Buy-back was given to BSE and the Buy-back was given to BSE and e Buy-back was given to BSE and Buy-back was given to BSE and was given to BSE and as given to BSE and s given to BSE and the pen'od. given to BSE and pen'od. BSE and Weighted Average Pn'ce (Total Turnover I . lntlmatloo of the Board Meeg convened to lntlmatloo of the Board Meeg convened to of the Board Meeg convened to the Board Meeg convened to Meeg convened to eeg convened to eg convened to g convened to convened to Total to Tconsider the pfOl)Osal of the Buy-back was given to BSE and onsider the pfOl)Osal of the Buy-back was given to BSE and nsider the pfOl)Osal of the Buy-back was given to BSE and ider the pfOl)Osal of the Buy-back was given to BSE and der the pfOl)Osal of the Buy-back was given to BSE and Quanrity) fot a trading days during the pen'od. the pfOl)Osal of the Buy-back was given to BSE and pfOl)Osal of the Buy-back was given to BSE and fOl)Osal of the Buy-back was given to BSE and sal of the Buy-back was given to BSE and l of the Buy-back was given to BSE and trading days during the pen'od. of the Buy-back was given to BSE and the Buy-back was given to BSE and e Buy-back was given to BSE and Buy-back was given to BSE and was given to BSE and as given to BSE and s given to BSE and the pen'od. given to BSE and pen'od. BSE and Total to Tconsider the pfOl)Osal of the Buy-back was given to BSE and onsider the pfOl)Osal of the Buy-back was given to BSE and nsider the pfOl)Osal of the Buy-back was given to BSE and ider the pfOl)Osal of the Buy-back was given to BSE and der the pfOl)Osal of the Buy-back was given to BSE and Quanrity) fot a trading days during the pen'od. the pfOl)Osal of the Buy-back was given to BSE and pfOl)Osal of the Buy-back was given to BSE and fOl)Osal of the Buy-back was given to BSE and sal of the Buy-back was given to BSE and l of the Buy-back was given to BSE and trading days during the pen'od. of the Buy-back was given to BSE and the Buy-back was given to BSE and e Buy-back was given to BSE and Buy-back was given to BSE and was given to BSE and as given to BSE and s given to BSE and the pen'od. given to BSE and pen'od. BSE and Tconsider the pfOl)Osal of the Buy-back was given to BSE and onsider the pfOl)Osal of the Buy-back was given to BSE and nsider the pfOl)Osal of the Buy-back was given to BSE and ider the pfOl)Osal of the Buy-back was given to BSE and der the pfOl)Osal of the Buy-back was given to BSE and Quanrity) fot a trading days during the pen'od. the pfOl)Osal of the Buy-back was given to BSE and pfOl)Osal of the Buy-back was given to BSE and fOl)Osal of the Buy-back was given to BSE and sal of the Buy-back was given to BSE and l of the Buy-back was given to BSE and trading days during the pen'od. of the Buy-back was given to BSE and the Buy-back was given to BSE and e Buy-back was given to BSE and Buy-back was given to BSE and was given to BSE and as given to BSE and s given to BSE and the pen'od. given to BSE and pen'od. BSE and Quanrity) fot a trading days during the pen'od. the pfOl)Osal of the Buy-back was given to BSE and pfOl)Osal of the Buy-back was given to BSE and fOl)Osal of the Buy-back was given to BSE and sal of the Buy-back was given to BSE and l of the Buy-back was given to BSE and trading days during the pen'od. of the Buy-back was given to BSE and the Buy-back was given to BSE and e Buy-back was given to BSE and Buy-back was given to BSE and was given to BSE and as given to BSE and s given to BSE and the pen'od. given to BSE and pen'od. BSE and 22.3. lntlmatloo of the Board Meeg convened to • • • .3. lntlmatloo of the Board Meeg convened to 3. lntlmatloo of the Board Meeg convened to Weighted Average Pn'ce (Total Turnover I . lntlmatloo of the Board Meeg convened to lntlmatloo of the Board Meeg convened to of the Board Meeg convened to the Board Meeg convened to Meeg convened to eeg convened to eg convened to g convened to convened to Total to Tconsider the pfOl)Osal of the Buy-back was given to BSE and onsider the pfOl)Osal of the Buy-back was given to BSE and nsider the pfOl)Osal of the Buy-back was given to BSE and ider the pfOl)Osal of the Buy-back was given to BSE and der the pfOl)Osal of the Buy-back was given to BSE and Quanrity) fot a trading days during the pen'od. the pfOl)Osal of the Buy-back was given to BSE and pfOl)Osal of the Buy-back was given to BSE and fOl)Osal of the Buy-back was given to BSE and sal of the Buy-back was given to BSE and l of the Buy-back was given to BSE and trading days during the pen'od. of the Buy-back was given to BSE and the Buy-back was given to BSE and e Buy-back was given to BSE and Buy-back was given to BSE and was given to BSE and as given to BSE and s given to BSE and the pen'od. given to BSE and pen'od. BSE and consider the pfOl)Osal of the Buy-back was given to BSE and onsider the pfOl)Osal of the Buy-back was given to BSE and nsider the pfOl)Osal of the Buy-back was given to BSE and ider the pfOl)Osal of the Buy-back was given to BSE and der the pfOl)Osal of the Buy-back was given to BSE and Quanrity) fot a trading days during the pen'od. the pfOl)Osal of the Buy-back was given to BSE and pfOl)Osal of the Buy-back was given to BSE and fOl)Osal of the Buy-back was given to BSE and sal of the Buy-back was given to BSE and l of the Buy-back was given to BSE and trading days during the pen'od. of the Buy-back was given to BSE and the Buy-back was given to BSE and e Buy-back was given to BSE and Buy-back was given to BSE and was given to BSE and as given to BSE and s given to BSE and the pen'od. given to BSE and pen'od. BSE and NSE on November 02. 2023. The Board. at its mg held on November 07, 2023, appro1<ed the pron November 02. 2023. The Board. at its mg held on November 07, 2023, appro1<ed the prn November 02. 2023. The Board. at its mg held on November 07, 2023, appro1<ed the prNovember 02. 2023. The Board. at its mg held on November 07, 2023, appro1<ed the pr2023. The Board. at its mg held on November 07, 2023, appro1<ed the prThe Board. at its mg held on November 07, 2023, appro1<ed the prBoard. at its mg held on November 07, 2023, appro1<ed the prat its mg held on November 07, 2023, appro1<ed the prits mg held on November 07, 2023, appro1<ed the prmg held on November 07, 2023, appro1<ed the prg held on November 07, 2023, appro1<ed the prheld on November 07, 2023, appro1<ed the prNovember 07, 2023, appro1<ed the pr07, 2023, appro1<ed the prappro1<ed the prthe prpr sal l for the Buv-back. The stock prices al the Buv-back. The stock prices al Buv-back. The stock prices al the Equity Shares on the Stock Exchanges on relevant dates n the Stock Exchanges on relevant dates the Stock Exchanges on relevant dates on relevant dates relevant dates dates are su arized below: NSE BSE Date ate Description escription ription ption tion Closlng croslno Hi9h � Low (tj (tj High�) low (�) Day prior to notice rior to notice ior to notice or to notice r to notice to notice notice otice ice ce e November ovember vember ember ber[[of ][B][oar][d ][Meeting ][to ]][[B][oar][d ][Meeting ][to ]][[oar][d ][Meeting ][to ]][[d ][Meeting ][to ]][[Meeting ][to ]][[to ]] Ot, 2023 2023 consider ptoposal of 6,267.00 6, 122.05 6.136.45 6,250.00 6,120.00 6,139.95 BUY·back was giVen to the Stock Exchanges changes hanges nges ges es s Date on which notice notice tice ce Novemoz. 2023 ovemvem2023 emmbef bef[[ot ][Board Meeting t][o ]] consider Pfoposa1 or 6,207.00 6,143.05 6.185.00 6,289.55 6,143.90 6,182.55 oz. 2023 ovemvem2023 emmbef Buy-back was given to the Stock Stock tock ock ck November 07, 2023 ovember vember ember mber ber Board Meeting Day Meeting Day eeting Day eting Day ng Day g Day 6,724.80 6,472.05 6,522.05 6,722.10 6,474 45 6,516.55 07, 2023 ovember vember ember mber ber Novembef First trading dav post-dav post6,620.00 6,507.05 6,598.85 6,6t2.10 6,510.30 08, 2023 Board Meeuna Meeuna eeuna euna una na a Source: www.nsem<lia.com and www.bse1n<lia.com 23. PRESENT CAPITAL STRUCTURE AND SHAREHOLDING PATIERN CAPITAL STRUCTURE AND SHAREHOLDING PATIERN AND SHAREHOLDING PATIERN SHAREHOLDING PATIERN HAREHOLDING PATIERN REHOLDING PATIERN EHOLDING PATIERN HOLDING PATIERN LDING PATIERN DING PATIERN ING PATIERN G PATIERN PATIERN 23.1. The capital structure ot the capital structure ot the apital structure ot the pital structure ot the ital structure ot the structure ot the the Company as of the date ol the Pubtic AnflOuncement and lhe as of the date ol the Pubtic AnflOuncement and lhe s of the date ol the Pubtic AnflOuncement and lhe of the date ol the Pubtic AnflOuncement and lhe the date ol the Pubtic AnflOuncement and lhe Pubtic AnflOuncement and lhe and lhe lhe indicative capital ndicative capital icative capital cative capital ative capital ve capital e capital capital st ol the Company post-()()mpleliOn ol the Buv-back is set for1l1 below: l the Company post-()()mpleliOn ol the Buv-back is set for1l1 below: the Company post-()()mpleliOn ol the Buv-back is set for1l1 below: Company post-()()mpleliOn ol the Buv-back is set for1l1 below: Buv-back is set for1l1 below: for1l1 below: or1l1 below: r1l1 below: 1l1 below: below: � in C1'0r&S) in C1'0r&S) C1'0r&S) Pre-Buy-back as on e-Buy-back as on -Buy-back as on Buy-back as on y-back as on -back as on ack as on on Post· Buy-back st· Buy-back · Buy-back uy-back y-back -back back ack k Particulars rticulars iculars ulars lars ars rs s date al PA al PA PA Authorised share 8, 00.00.000 Shares of of � 1 O/· each 1 O/· each O/· each 80.00 80 00 00 80,00.0 cumulative redeomable preference shares of �1�11 00/· each 0/· each each ch h 80,00 ,00 00 80.00 160.00 80,00 ,00 00 160.00 80.00 Issued equity share capital Pre Buy-back: : 2,95,43,802 Equity Shares or �10/· each Buy-back: : 2,95,43,802 Equity Shares or �10/· each back: : 2,95,43,802 Equity Shares or �10/· each ack: : 2,95,43,802 Equity Shares or �10/· each ck: : 2,95,43,802 Equity Shares or �10/· each k: : 2,95,43,802 Equity Shares or �10/· each : : 2,95,43,802 Equity Shares or �10/· each : 2,95,43,802 Equity Shares or �10/· each 2,95,43,802 Equity Shares or �10/· each Equity Shares or �10/· each Shares or �10/· each hares or �10/· each es or �10/· each s or �10/· each or �10/· each each ach ch h 29.54 Po,st Subscribed 2.94.n, 136 share Shares ol t10/- each' hares ol t10/- each' ares ol t10/- each' res ol t10/- each' ol t10/- each' each' ach' ch' h' ' 29.48 Subscribed share Pre 2.95, 13,755 Shares of ares of res of of tt OJ- each OJ- each each 29.53 Post 2.94.47,089 Shares of of �10/· each• 10/· each• · each• each• 2'il.45 Forfeited shares Post Pre Buy·bact: 29,991 29,991 Shares of �10/· each each 0.02 Post 29,991 Sllares of capital may d1/ler '1 Of· each Of· each depending '1 Of· each Of· each depending 0.02 5.554 3,937 547 1,234 6.140.00 Total otal tal al l 6,596.75

BRIEF FltlANCIAL INFORMATION ABOUT THE COMPANY 20. 1. 1. financial The Sled flnanetal information about the Company oo tt1e basis of unaudited 111d review standalone ihe Sled flnanetal information about the Company oo tt1e basis of unaudited 111d review standalone ie Sled flnanetal information about the Company oo tt1e basis of unaudited 111d review standalone iresults led flnanetal information about the Company oo tt1e basis of unaudited 111d review standalone iflnanetal information about the Company oo tt1e basis of unaudited 111d review standalone iand unaudited �miled miled iled ed review consolollidated basis of unaudited 111d review standalone ifinancial resul1S tor 111d review standalone ilhe Six d review standalone iSix months perriod ended September 30, 2023, and audited St lone financial Statements and audited Consolidated Financral Statements of the Campany for the last thr financial years ended March 31, 2023, March 31, 2022, and March 31. 2021, prepared in accordance with Ind AS is provicle<l hereunder.

SOURCE OF FUNDS ANO COST OF FINANCING THE BUY-BACK The amount required l>y the Company for the Buy-back �ncluding the Transaction Costs) will l>e met out of the balances in free reserves, current surplus and I or cash and cash equivalents and I or intem. accruals and I or liquid resources and I or such other permis.s.ble sourcas of funds of the Company, as per the Secdon 68(1) of Act and Regulation 4{1X) of the Buy-back RegulatJOns.

PROPOSED TIMETABLE FOR THE BUY-BACK TIMETABLE FOR THE BUY-BACK

STANDALONE FINANCIAL INFORMATION

==> picture [1459 x 1353] intentionally omitted <==

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16. PROPOSED TIMETABLE FOR THE BUY-BACK TIMETABLE FOR THE BUY-BACK (� uores fY 2022·23 10,295.20 2022 8,258 6.750.00 2023 882 8.411.61 4,37.699
Six-months period Year ended
Dale of approval of !Ward of Directors November 07. 2023 Date Particulars ended September 30,2023 March 31, 2023 March 31, 2022 Marcll 20?1 31, FY 2021-22 2021-22 10.969.00 1t, 2021 October October ctober ober ber r 2,470 7.062.00 April 2021 01, 2021 01, 01, 1,955 9.130.23 9,92.862
Date ol publication ol Public AMouocement Thursday. t•lovember 09, 2023 Un-audited Hmlled (Audited) (Audited I (Audited) FY 2020·21 2020·21 7.234 30 [[Match ]] 2021 [[25, ]] 1,439 3.750 00 April 2020 03, 2020 03, 03, 5,898.50 7,44.662
Record Date Monday, Novembef 20, 2023 reviewed
Date ot of the November 21. 2023 litonths 6 12 12 12 PRECEDING 6 MONTHS MONTHS
Acceptance of Equity Shares accepted in Upon the relevant p;iy-out by the Stock EKchanges ROther income evenue kom 2,140.01 69.93 5.06178 199.44 90.07 3 512_35 103.71 October 2023 7,060.00 05, 2023 October October ctober tober ober ber 27, 2023 Octobe! Octobe! ctobe! tobe! obe! be! 2,653 6.674.89 35,894
dematerlafised form
The Equity Shares b<>ught back in demalerialised form i will Total Income 2.209.94 5,261.22 5,082.82 3,616.06 Septe2023 mber er r 7,586.95 [[S][e][p][t][e][m][ber ]][[e][p][t][e][m][ber ]] 11, 2023 [[p][t][e][m][ber ]][[t][e][m][ber ]][[e][m][ber ]][[m][ber ]][[ber ]] 2,394 6.932.00 [[September ]] 26,2023 923 7.314.09 31,505
be extinguished In the mamer spec fied In the Securities Total Expenses (excluding finance cost,
and Exchange Board ol Indra (Depositories and Participants) depreciation. amoftlzalion, Tax and 1,853.75 4,366.04 4,129.43 2,666.11 7.349.90 August t,247 6,656.45 August ust st 1,347 7,022.26
Extinguisl1ment of Equity Shares I certfficates Regulations, 2018, as amended and the byelavrs, the circulars August2023 31, 2023 August 14, 2023 August 55,048
all and Equity guidelShares bought back ines framed thereundare er. The extlCompany shall ensure ngulstlt!d ivn 7 (seven) !flat Finance cost and amortisallOn 87.05 1.13 162.85 2.12 146.48 2.94 120.23 July 2023 2023 7,053.65 July 2023 03, 2023 03, 03, 2.457 6,469.25 July 2023 21, 2023 21, 21, 12,552 6.688.44 80,091
Working Days of the expiry ol the Buy-back per Od. Share of net profit of associate and joint June 21, 21, June 12,
June 2023 7.165.95 1,661 6,643.00 6,947.20 63,857
Eai1ier of; i venture 2023 2023
a. Buy-l>ack I.e., 66 (Sixty·sK) WorTuesding Days ay. November 21, 2023, or form the date ol OPMing of the Profit/ before Tax 268.01 68.10 730.21 178.06 196.44 803.97 196.86 827.75 May2023 6.967.15 May 2023 15, 1.253 6.524.95 May 02, 2023 02, 6.741.06 38.685
b. wamount hen the equCoivalent mpany lo completes the Buy-back the Maximum Buy-tlack by Size; depor loymg the PrtJfil/ alter Tax 199.91 552.15 607.53 630.89 Soun:e: www.bselrt<IJa.CDm
c. at such earlier date as may be determined by the Board or Other Comprehensive lncome/(loss) for the 108.40 (96.07) 57.28 70,20 • High i/ltJ w prices aJe based on rile high anrJ low of the dally prices. /ltJ w prices aJe based on rile high anrJ low of the dally prices. prices aJe based on rile high anrJ low of the dally prices. rile high anrJ low of the dally prices. of the dally prices. the dally prices. dally prices.
Last date for the compteUon of the Buy-back its such earlier cu y auth0<lsed Buy-back Coclosure, subject to the Company having deployed ittee, after giving notice of w.ar net Total of tax income tor the 308.31 456.08 664.81 701.09 22.3. lntlmatloo of the Board Meeg convened to • • • .3. lntlmatloo of the Board Meeg convened to 3. lntlmatloo of the Board Meeg convened to Weighted Average Pn'ce (Total Turnover I . lntlmatloo of the Board Meeg convened to lntlmatloo of the Board Meeg convened to of the Board Meeg convened to the Board Meeg convened to Meeg convened to eeg convened to eg convened to g convened to convened to Total to Tconsider the pfOl)Osal of the Buy-back was given to BSE and onsider the pfOl)Osal of the Buy-back was given to BSE and nsider the pfOl)Osal of the Buy-back was given to BSE and ider the pfOl)Osal of the Buy-back was given to BSE and der the pfOl)Osal of the Buy-back was given to BSE and Quanrity) fot a trading days during the pen'od. the pfOl)Osal of the Buy-back was given to BSE and pfOl)Osal of the Buy-back was given to BSE and fOl)Osal of the Buy-back was given to BSE and sal of the Buy-back was given to BSE and l of the Buy-back was given to BSE and trading days during the pen'od. of the Buy-back was given to BSE and the Buy-back was given to BSE and e Buy-back was given to BSE and Buy-back was given to BSE and was given to BSE and as given to BSE and s given to BSE and the pen'od. given to BSE and pen'od. BSE and
an amount equiYalent to the Minimum Buy-back Size (even share 29.51 29.51 29.59 29.59 NSE on November 02. 2023. The Board. at its mg held on November 07, 2023, appro1<ed the pron November 02. 2023. The Board. at its mg held on November 07, 2023, appro1<ed the prn November 02. 2023. The Board. at its mg held on November 07, 2023, appro1<ed the prNovember 02. 2023. The Board. at its mg held on November 07, 2023, appro1<ed the pr2023. The Board. at its mg held on November 07, 2023, appro1<ed the prThe Board. at its mg held on November 07, 2023, appro1<ed the prBoard. at its mg held on November 07, 2023, appro1<ed the prat its mg held on November 07, 2023, appro1<ed the prits mg held on November 07, 2023, appro1<ed the prmg held on November 07, 2023, appro1<ed the prg held on November 07, 2023, appro1<ed the prheld on November 07, 2023, appro1<ed the prNovember 07, 2023, appro1<ed the pr07, 2023, appro1If the Maximum Buy-tlack Size has not been reached or the Other 4,794.89 4,559 84 4.286.78 3 681.74 for the Buv-back. The stock prices al the Buv-back. The stock prices al Buv-back. The stock prices al the Equity Shares on the Stock Exchanges on relevant dates n the Stock Exchanges on relevant dates the Stock Exchanges on relevant dates on relevant dates relevant dates dates are\
MAXimum Buy.back Shares have not been bought back), Net Worth/ Shareholders Fund Not Available 4,222.5t 3,852.52 su arized below:\
however, that all payment Oti�lions relating to the Equity NSE BSE\
To l debt • 2.53 5.41 72.94\
Shares bought back must be completed before the last date ta Date ate Description escription ription ption tion Closlng croslno\
tor the Buy-back. CONSOLIDATED FINANCIAL INFORMATIOH Hi9h � Low (tj (tj High�) low (�)\
PROCESS AND MEiOOOLOGY FOR THE BUY-BACK ROCESS AND MEiOOOLOGY FOR THE BUY-BACK SS AND MEiOOOLOGY FOR THE BUY-BACK S AND MEiOOOLOGY FOR THE BUY-BACK iOOOLOGY FOR THE BUY-BACK (� crnres)\
Day prior to notice rior to notice ior to notice or to notice r to notice to notice notice otice ice ce e\
17.1. The Buy-back Buy-back Is open to open to to all sharehok1ers harehok1ers arehok1ers hok1ers ok1ers ers rs s I benehc.al owners or II Company holing Equity Shares In Six-months period Year ended\
demateriatised form \Demat Shares"). Shareholders holding Equi1Y Shares in physieat form can participate Shareholders holding Equi1Y Shares in physieat form can participate reholders holding Equi1Y Shares in physieat form can participate eholders holding Equi1Y Shares in physieat form can participate lders holding Equi1Y Shares in physieat form can participate ders holding Equi1Y Shares in physieat form can participate holding Equi1Y Shares in physieat form can participate Shares in physieat form can participate ares in physieat form can participate res in physieat form can participate in physieat form can participate physieat form can participate form can participate orm can participate rm can participate m can participate can participate participate ended September March 31, March 31. Marell 31, November ovember vember ember ber [[of ][B][oar][d ][Meeting ][to ]][[B][oar][d ][Meeting ][to ]][[oar][d ][Meeting ][to ]][[d ][Meeting ][to ]][[Meeting ][to ]][[to ]]\
in the Buy-back attar such Equity Buy-back attar such Equity attar such Equity such Equity ch Equity h Equity Equity Shales are demateria�d t>y approaching depository participant. t>y approaching depository participant. approaching depository participant. participant. ticipant. icipant. cipant. Particulars 30, 2023 2023 2022 2021 Ot, 2023 2023 consider ptoposal of 6,267.00 6, 122.05 6.136.45 6,250.00 6,120.00 6,139.95
17.2. Further. as requwe-0 urther. as requwe-0 rther. as requwe-0 her. as requwe-0 er. as requwe-0 r. as requwe-0 . as requwe-0 as requwe-0 requwe-0 equwe-0 quwe-0 uwe-0 we-0 e-0 under the Act and the Buy-back Regulations, Act and the Buy-back Regulations, and the Buy-back Regulations, Buy-back Regulations, uy-back Regulations, y-back Regulations, -back Regulations, back Regulations, k Regulations, Regulations, gulations, lations, ations, tions, ons, the e Company vrill not Buy-back any Un-audited limrted BUY·back was giVen to
Equity Shaies quity Shaies ity Shaies which ich ch are p.arUy paid-up, id-up, d-up, -up, up, p, , lhe Equitv Shares hares es s wi1h calls-in-artears, lacked-in or non reviewed (Audited) (Audited) (AudUed) the Stock Exchanges changes hanges nges ges es s
transferable Equity Shares, Equity Shares, Shares, 0< until the until the the pendency ol ol such lock-in, or until Ute time such Equity Shares or until Ute time such Equity Shares until Ute time such Equity Shares time such Equity Shares such Equity Shares Mon1hs 6 12 12 12 Date on which notice notice tice ce
freereee
become ly transferable. as applicable.
17.3. The Buy·back will be Implemented by the Company by wav of open matket purchases tlvouoh the Buy·back will be Implemented by the Company by wav of open matket purchases tlvouoh the uy·back will be Implemented by the Company by wav of open matket purchases tlvouoh the ·back will be Implemented by the Company by wav of open matket purchases tlvouoh the ack will be Implemented by the Company by wav of open matket purchases tlvouoh the ck will be Implemented by the Company by wav of open matket purchases tlvouoh the k will be Implemented by the Company by wav of open matket purchases tlvouoh the be Implemented by the Company by wav of open matket purchases tlvouoh the Implemented by the Company by wav of open matket purchases tlvouoh the plemented by the Company by wav of open matket purchases tlvouoh the emented by the Company by wav of open matket purchases tlvouoh the mented by the Company by wav of open matket purchases tlvouoh the ented by the Company by wav of open matket purchases tlvouoh the ted by the Company by wav of open matket purchases tlvouoh the d by the Company by wav of open matket purchases tlvouoh the by the Company by wav of open matket purchases tlvouoh the the Company by wav of open matket purchases tlvouoh the Company by wav of open matket purchases tlvouoh the mpany by wav of open matket purchases tlvouoh the any by wav of open matket purchases tlvouoh the by wav of open matket purchases tlvouoh the wav of open matket purchases tlvouoh the of open matket purchases tlvouoh the open matket purchases tlvouoh the matket purchases tlvouoh the purchases tlvouoh the tlvouoh the ouoh the uoh the h the the Other income Revenue from 2.375.73 30.33 5,42114.87 7.52 5,080.69 76.00 3.731.47 102_98 Novemoz. 2023 ovemvem2023 emmbef [[ot ][Board Meeting t][o ]] consider Pfoposa1 or [[Board Meeting t][o ]][[o ]] 6,207.00 6,143.05 6.185.00 6,289.55 6,143.90 6,182.55
Exchanges, by the the order matching mechaniSm except ·a11 or nooe· order matching system, as provided except ·a11 or nooe· order matching system, as provided nooe· order matching system, as provided provided rovided ed d Buy-back was given to
under the Buy-back Regulations ithe Buy-back Regulations ii and prl&e-time priority-based order matching iority-based order matching rity-based order matching -based order matching based order matching sed order matching princlple, as provided Total lnl)()me 2.406.06 5,542.39 5,156.89 3.834.45 the Stock Stock tock ock ck
under the Stock Excllatlge Excllatlge C rculars culars ulars lars s and in accoidance with t11e SEBI cilcular ccoidance with t11e SEBI cilcular coidance with t11e SEBI cilcular oidance with t11e SEBI cilcular dance with t11e SEBI cilcular ce with t11e SEBI cilcular e with t11e SEBI cilcular with t11e SEBI cilcular t11e SEBI cilcular 11e SEBI cilcular 1e SEBI cilcular e SEBI cilcular SEBI cilcular SEBllHO/CFDJPo0·2 Total Expenses (excluding finance cost.
CIR/2023135 dated March 08, 2023, Operational Guidance - Amendment to Se&urilies - Amendment to Se&urilies Amendment to Se&urilies Se&urilies and Exchange depreciation, amortization. Tax and 2,038.28 4,652.67 4,169.45 2,814.35 November 07, 2023 ovember vember ember mber ber Board Meeting Day Meeting Day eeting Day eting Day ng Day g Day 6,724.80 6,472.05 6,522.05 6,722.10 6,474 45 6,516.55
Board CJf India (8uy-back of Securities) Regulations. 2018. CJf India (8uy-back of Securities) Regulations. 2018. India (8uy-back of Securities) Regulations. 2018. Securities) Regulations. 2018. ecurities) Regulations. 2018. urities) Regulations. 2018. rities) Regulations. 2018. s) Regulations. 2018. ) Regulations. 2018. Regulations. 2018. 2018. .
17 .4 For the or the r the the implementation plementation lementation ementation on ol the Buy-back, the Company the Buy-back, the Company he Buy-back, the Company e Buy-back, the Company Buy-back, the Company -back, the Company back, the Company ack, the Company the Company Company has appointed Nuvama Wealth and appointed Nuvama Wealth and ppointed Nuvama Wealth and inted Nuvama Wealth and nted Nuvama Wealth and d Nuvama Wealth and Nuvama Wealth and and lnves1ment finance cost 3.89 9.17 Novembef First trading dav post-dav post- 6,620.00 6,507.05 6,598.85 6,6t2.10 6,510.30
08, 2023 Board Meeuna Meeuna eeuna euna una na a
limited as the registeied brolcer to the Company (the "Company's Broker") through whom the purchases mited as the registeied brolcer to the Company (the "Company's Broker") through whom the purchases ted as the registeied brolcer to the Company (the "Company's Broker") through whom the purchases ed as the registeied brolcer to the Company (the "Company's Broker") through whom the purchases d as the registeied brolcer to the Company (the "Company's Broker") through whom the purchases as the registeied brolcer to the Company (the "Company's Broker") through whom the purchases the registeied brolcer to the Company (the "Company's Broker") through whom the purchases e registeied brolcer to the Company (the "Company's Broker") through whom the purchases registeied brolcer to the Company (the "Company's Broker") through whom the purchases the Company (the "Company's Broker") through whom the purchases Company (the "Company's Broker") through whom the purchases (the "Company's Broker") through whom the purchases Broker") through whom the purchases through whom the purchases and amortfsa11on 105.92 197.81 t76 69 136.32
and settlements on account of tile Buy·baek wiaccount of tile Buy·baek wiof tile Buy·baek wiwi be made by the Company. made by the Company. ade by the Company. de by the Company. e by the Company. by the Company. Source: www.nsem<lia.com and www.bse1n7 .5. 5. . The e-0nlact details of the Company's Broker arc as follows: e-0nlact details of the Company's Broker arc as follows: details of the Company's Broker arc as follows: etails of the Company's Broker arc as follows: ls of the Company's Broker arc as follows: of the Company's Broker arc as follows: Company's Broker arc as follows: Broker arc as follows: arc as follows: follows: ollows: veShare of net profit ol as!>Dciate and jnint n re 4.19 3.83 8.16 7.25 23. PRESENT CAPITAL STRUCTURE AND SHAREHOLDING PATIERN CAPITAL STRUCTURE AND SHAREHOLDING PATIERN AND SHAREHOLDING PATIERN SHAREHOLDING PATIERN HAREHOLDING PATIERN REHOLDING PATIERN EHOLDING PATIERN HOLDING PATIERN LDING PATIERN DING PATIERN ING PATIERN G PATIERN PATIERN
tu
Name; Nuvama Wealth and lnYestment Limited uvama Wealth and lnYestment Limited ama Wealth and lnYestment Limited a Wealth and lnYestment Limited Wealth and lnYestment Limited lnYestment Limited Yestment Limited estment Limited stment Limited ment Limited ent Limited nt Limited Limited before Tax 262-16 687.B4 B09.74 B81.68 23.1. The capital structure ot the capital structure ot the apital structure ot the pital structure ot the ital structure ot the structure ot the the Company as of the date ol the Pubtic AnflOuncement and lhe as of the date ol the Pubtic AnflOuncement and lhe s of the date ol the Pubtic AnflOuncement and lhe of the date ol the Pubtic AnflOuncement and lhe the date ol the Pubtic AnflOuncement and lhe Pubtic AnflOuncement and lhe and lhe lhe indicative capital ndicative capital icative capital cative capital ative capital ve capital e capital capital
ReglsterM office: 2"' floor, floor, Office no. ffice no. ice no. ce no. e no. no. 201 to 203, 203, Zodiac F1aza, Xavier odiac F1aza, Xavier diac F1aza, Xavier iac F1aza, Xavier Coege ege Road, Off CG Road, CG Road, Profit/ st ol the Company post-()()mpleliOn ol the Buv-back is set for1l1 below: l the Company post-()()mpleliOn ol the Buv-back is set for1l1 below: the Company post-()()mpleliOn ol the Buv-back is set for1l1 below: Company post-()()mpleliOn ol the Buv-back is set for1l1 below: Buv-back is set for1l1 below: for1l1 below: or1l1 below: r1l1 below: 1l1 below: below:
68.88 181.21 205.00 221.66
Ahmedabad 380 009, Gujarat, 380 009, Gujarat, 009, Gujarat, 09, Gujarat, 9, Gujarat, Gujarat, India � in C1'0r&S) in C1'0r&S) C1'0r&S)
Contact person: Mr Nikunj Patel Nikunj Patel ikunj Patel kunj Patel unj Patel nj Patel j Patel Profit/ after Tax 193.28 506.63 604.74 660.02 Pre-Buy-back as on e-Buy-back as on -Buy-back as on Buy-back as on y-back as on -back as on ack as on on Post· Buy-back st· Buy-back · Buy-back uy-back y-back -back back ack k
Phone: (+91 79)40019906 1 (+91) 9223354802 Other Compreslve tncome/(Loss) !or !he �.05 7604 Particulars rticulars iculars ulars lars ars rs s date al PA al PA PA
E-i!laU; n11<unJ.patet@nuv-i!laU; n11<unJ.patet@nuvaU; n11<unJ.patet@nuvU; n11<unJ.patet@nuv; n11<unJ.patet@nuvn11<unJ.patet@nuv .com net of tax 1()9.77 (88.57} Authorised share
SEBI registration number: INZ000005231 number: INZ000005231 Total income tor the 3!13.05 418.06 662.79 736.06 8, 00.00.000 Shares of of � 1 O/· each 1 O/· each O/· each 80.00 80 00 00
17.6. The EQuity Corporate idenlificationnumber: Shares ate traded ded d in demateriaised U6510DGJ2008PLCOn462 mode under ltle t1ading codes AlUL al NSE and ATUL al NSE and ATUL and ATUL nd ATUL d ATUL ATUL I Other share 4,872.06 4,641.85 29.51 4,399.35 3.796.91 29.59 80,00.0 cumulative redeomable preference shares of �1�11 00/· each 0/· each each ch h 160.00 80,00 ,00 00 160.00 80.00
500027 at BSE. The ISIN of the Equity Shares of the Compan� IS INE100A01010. at BSE. The ISIN of the Equity Shares of the Compan� IS INE100A01010. BSE. The ISIN of the Equity Shares of the Compan� IS INE100A01010. SE. The ISIN of the Equity Shares of the Compan� IS INE100A01010. E. The ISIN of the Equity Shares of the Compan� IS INE100A01010. . The ISIN of the Equity Shares of the Compan� IS INE100A01010. The ISIN of the Equity Shares of the Compan� IS INE100A01010. ISIN of the Equity Shares of the Compan� IS INE100A01010. of the Equity Shares of the Compan� IS INE100A01010. the Equity Shares of the Compan� IS INE100A01010. he Equity Shares of the Compan� IS INE100A01010. e Equity Shares of the Compan� IS INE100A01010. Equity Shares of the Compan� IS INE100A01010. hares of the Compan� IS INE100A01010. ares of the Compan� IS INE100A01010. res of the Compan� IS INE100A01010. s of the Compan� IS INE100A01010. of the Compan� IS INE100A01010. the Compan� IS INE100A01010. Compan� IS INE100A01010. pan� IS INE100A01010. an� IS INE100A01010. n� IS INE100A01010. � IS INE100A01010. IS INE100A01010. INE100A01010. NE100A01010. E100A01010. 00A01010. 1010. 010. 10. 0. . Nel Worth/ Shareholders Fund Not Available 4.302.82 3975.41
17.7. The Buy-back will commence on Buy-back will commence on will commence on commence on mmence on mence on ence on nce on e on on Tuesday, November 21, 2023 21, 2023 Q.e. the date of the date of commencement or the mmencement or the mencement or the encement or the ncement or the ement or the ment or the ent or the or the 156.59 46.98 138.38 126.67 Issued equity share capital
Total debt
Buy-bat!t) and the Company will place 'buy• orders oo the Stock Exchanges on the normal trading segment and the Company will place 'buy• orders oo the Stock Exchanges on the normal trading segment the Company will place 'buy• orders oo the Stock Exchanges on the normal trading segment Company will place 'buy• orders oo the Stock Exchanges on the normal trading segment will place 'buy• orders oo the Stock Exchanges on the normal trading segment ll place 'buy• orders oo the Stock Exchanges on the normal trading segment the Stock Exchanges on the normal trading segment the normal trading segment normal trading segment ormal trading segment rmal trading segment trading segment ing segment ng segment segment Pre Buy-back: : 2,95,43,802 Equity Shares or �10/· each Buy-back: : 2,95,43,802 Equity Shares or �10/· each back: : 2,95,43,802 Equity Shares or �10/· each ack: : 2,95,43,802 Equity Shares or �10/· each ck: : 2,95,43,802 Equity Shares or �10/· each k: : 2,95,43,802 Equity Shares or �10/· each : : 2,95,43,802 Equity Shares or �10/· each : 2,95,43,802 Equity Shares or �10/· each 2,95,43,802 Equity Shares or �10/· each Equity Shares or �10/· each Shares or �10/· each hares or �10/· each es or �10/· each s or �10/· each or �10/· each each ach ch h 29.54
under and at U1e such BO ptice series to whBuy-back tl vli be in the accE�ity ordance Shares through U1e v Iand at U1e such BO ptice series to whBuy-back tl vli be in the accE�ity ordance Shares through U1e v IU1e such BO ptice series to whBuy-back tl vli be in the accE�ity ordance Shares through U1e v Isuch BO ptice series to whBuy-back tl vli be in the accE�ity ordance Shares through U1e v IBO ptice series to whBuy-back tl vli be in the accE�ity ordance Shares through U1e v IO ptice series to whBuy-back tl vli be in the accE�ity ordance Shares through U1e v Iptice series to whBuy-back tl vli be in the accE�ity ordance Shares through U1e v Iseries to whBuy-back tl vli be in the accE�ity ordance Shares through U1e v IwhBuy-back tl vli be in the accE�ity ordance Shares through U1e v IBuy-back tl vli be in the accE�ity ordance Shares through U1e v Itl vli be in the accE�ity ordance Shares through U1e v Ivli be in the accE�ity ordance Shares through U1e v I be in the accE�ity ordance Shares through U1e v Icircular SEBl/liOJCFD/POD-2/P/CIR,12023135 Bt0ker of tile Company, SEBI EBI BI I circular SEBl/liOJCFD/POD-2/P/CIR,12023135 Bt0ker of tile Company, In such quantity #Excludes ar•rota/ Debt .. cuum 0bom1wings t1y pa1d·1JP + on nontorteired s/Jares -wmmt borrowings + cut portion of long-term bowings Po,st Subscribed 2.94.n, 136 share Shares ol t10/- each' hares ol t10/- each' ares ol t10/- each' res ol t10/- each' ol t10/- each' each' ach' ch' h' ' 29.48
d(Buy-Bat� March ack of Securities) RegulalJOns, 06, 2023, (Buy-Bat� March ack of Securities) RegulalJOns, 06, 2023, at� March ack of Securities) RegulalJOns, 06, 2023, t� March ack of Securities) RegulalJOns, 06, 2023, ack of Securities) RegulalJOns, 06, 2023, ck of Securities) RegulalJOns, 06, 2023, k of Securities) RegulalJOns, 06, 2023, of Securities) RegulalJOns, 06, 2023, 06, 2023, Operational Gui201 danca e and • Gui201 danca e and • ui201 danca e and • i201 danca e and • 201 danca e and • danca e and • anca e and • ca e and • a e and • e and • and • • AmSentocdk mExcllange Cent to the mSentocdk mExcllange Cent to the Sentocdk mExcllange Cent to the entocdk mExcllange Cent to the tocdk mExcllange Cent to the dk mExcllange Cent to the k mExcllange Cent to the mExcllange Cent to the Excllange Cent to the ent to the nt to the t to the to the the Sew•rculars, •rculars, ulars, lars, ars, not and e�ceeding Exchange Board of the and e�ceeding Exchange Board of the e�ceeding Exchange Board of the Exchange Board of the the Ma>:lmum India India Hole: Statements The above for FY2023. FY2022 Information has been lumished based and FY2021. The 1cial information lar six. monlhs en<led on September on the stadalo and Consofidaled audited 30, 2023, Financial Pre 2.95, 13,755 Shares of ares of res of of tt OJ- each OJ- each each 29.53
depending Buy-back Pnce upon othe ft 7,500/· prevailing mar(RupBuy-back Pnce upon othe ft 7,500/· prevailing mar(RupPnce upon othe ft 7,500/· prevailing mar(Rupupon othe ft 7,500/· prevailing mar(Rupothe ft 7,500/· prevailing mar(Rupthe ft 7,500/· prevailing mar(Rupft 7,500/· prevailing mar(Rupt 7,500/· prevailing mar(Rup7,500/· prevailing mar(Rupprevailing mar(Rupseven tnousand five hundrecl only) price of the Equify Shares on the Stock Exchanges. per Equity Share. as it may deem fll, price of the Equify Shares on the Stock Exchanges. per Equity Share. as it may deem fll, of the Equify Shares on the Stock Exchanges. per Equity Share. as it may deem fll, the Equify Shares on the Stock Exchanges. per Equity Share. as it may deem fll, Equify Shares on the Stock Exchanges. per Equity Share. as it may deem fll, Shares on the Stock Exchanges. per Equity Share. as it may deem fll, on the Stock Exchanges. per Equity Share. as it may deem fll, n the Stock Exchanges. per Equity Share. as it may deem fll, the Stock Exchanges. per Equity Share. as it may deem fll, Stock Exchanges. per Equity Share. as it may deem fll, seven tnousand five hundrecl only) price of the Equify Shares on the Stock Exchanges. per Equity Share. as it may deem fll, price of the Equify Shares on the Stock Exchanges. per Equity Share. as it may deem fll, of the Equify Shares on the Stock Exchanges. per Equity Share. as it may deem fll, the Equify Shares on the Stock Exchanges. per Equity Share. as it may deem fll, Equify Shares on the Stock Exchanges. per Equity Share. as it may deem fll, Shares on the Stock Exchanges. per Equity Share. as it may deem fll, on the Stock Exchanges. per Equity Share. as it may deem fll, n the Stock Exchanges. per Equity Share. as it may deem fll, the Stock Exchanges. per Equity Share. as it may deem fll, Stock Exchanges. per Equity Share. as it may deem fll, sis taken ubej cted to from a tile Standalone ld re'by and StatuConstory oidAuditors ol ated llmlted revievrod the Company under Finaoci<IJ Statements, Regulation 33 of which is the SE:BI Listing unauditeRegulations. d but was Forfeited shares Post 2.94.47,089 Shares of of �10/· each• 10/· each• · each• each• 2'il.45
For the purpose of this Buy-back, when the Company has placed an order tor Buy-back ithe purpose of this Buy-back, when the Company has placed an order tor Buy-back iof this Buy-back, when the Company has placed an order tor Buy-back ithis Buy-back, when the Company has placed an order tor Buy-back iwhen the Company has placed an order tor Buy-back ihen the Company has placed an order tor Buy-back in the Company has placed an order tor Buy-back iCompany has placed an order tor Buy-back impany has placed an order tor Buy-back ipany has placed an order tor Buy-back iany has placed an order tor Buy-back iny has placed an order tor Buy-back iplaced an order tor Buy-back ian order tor Buy-back iorder tor Buy-back itor Buy-back ii ol Equity Shares, the Equity Shares, the quity Shares, the uity Shares, the ity Shares, the Shares, the Pre Buy·bact: 29,991 29,991 Shares of �10/· each each 0.02
Identify of lhe Company as a purchaser wi be avaiabe to t e marlhe Company as a purchaser wi be avaiabe to t e marhe Company as a purchaser wi be avaiabe to t e mare Company as a purchaser wi be avaiabe to t e marCompany as a purchaser wi be avaiabe to t e mar be avaiabe to t e marabe to t e marto t e mart e mar e marmar partcipants of the Stock Exchanges. artcipants of the Stock Exchanges. cipants of the Stock Exchanges. ipants of the Stock Exchanges. pants of the Stock Exchanges. nts of the Stock Exchanges. s of the Stock Exchanges. of the Stock Exchanges. f the Stock Exchanges. the Stock Exchanges. he Stock Exchanges. e Stock Exchanges. Stock Exchanges. tock Exchanges. ock Exchanges. ck Exchanges. k Exchanges. Exchanges. hanges. anges. ges. es. s. . For I six-mobs Standalone Financial year ended Post 29,991 of each 0.02
17.9. Procedure tor Buy·back Beneficial owners holding have to do so throogh their stockbroker, of Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would Beneficial owners holding have to do so throogh their stockbroker, of Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would have to do so throogh their stockbroker, of Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would to do so throogh their stockbroker, of Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would do so throogh their stockbroker, of Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would so throogh their stockbroker, of Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would throogh their stockbroker, of Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would hroogh their stockbroker, of Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would roogh their stockbroker, of Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would oogh their stockbroker, of Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would gh their stockbroker, of Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would h their stockbroker, of Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would their stockbroker, of Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would of Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would f Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would atea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would a rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would ergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would rgiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would giaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would iaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would aisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would isliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would sliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would liteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would teto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would to sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would red d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would SShares hStock ares"Exchanges by indicating i) n the Buy-back, would Shares hStock ares"Exchanges by indicating i) n the Buy-back, would hStock ares"Exchanges by indicating i) n the Buy-back, would Stock ares"Exchanges by indicating i) n the Buy-back, would ares"Exchanges by indicating i) n the Buy-back, would res"Exchanges by indicating i) n the Buy-back, would es"Exchanges by indicating i) n the Buy-back, would s"Exchanges by indicating i) n the Buy-back, would "Exchanges by indicating i) n the Buy-back, would Exchanges by indicating i) n the Buy-back, would ParUculars Se¢ember 30, peri2023 od ended March 2023 31, March 31, 2022 M1rcb 2021 31, subscnbed and paid-up •1tming the Buy-baclc of il1dfcatfve Maximum Buy-l:lack Sharesshare Sllares of capital may d1/ler '1 Of· each Of· each depending up-011 the . actuaf number of However. post Buy-ba.ck Equity Shares bought the issued,
6 12 12 12 back unrfer the BLJy-bacl<.
to their broker the det!Jls of the Equity Shares they intend to sell whenever the Company has placed a their broker the det!Jls of the Equity Shares they intend to sell whenever the Company has placed a eir broker the det!Jls of the Equity Shares they intend to sell whenever the Company has placed a ir broker the det!Jls of the Equity Shares they intend to sell whenever the Company has placed a r broker the det!Jls of the Equity Shares they intend to sell whenever the Company has placed a broker the det!Jls of the Equity Shares they intend to sell whenever the Company has placed a the det!Jls of the Equity Shares they intend to sell whenever the Company has placed a det!Jls of the Equity Shares they intend to sell whenever the Company has placed a of the Equity Shares they intend to sell whenever the Company has placed a the Equity Shares they intend to sell whenever the Company has placed a he Equity Shares they intend to sell whenever the Company has placed a they intend to sell whenever the Company has placed a intend to sell whenever the Company has placed a Company has placed a mpany has placed a pany has placed a y has placed a has placed a placed a
"bu( order tor Buy-back of the Equity Shares. The Company wi� place a 'buy' order tor Buy-back The Company wi� place a 'buy' order tor Buy-back Company wi� place a 'buy' order tor Buy-back ompany wi� place a 'buy' order tor Buy-back mpany wi� place a 'buy' order tor Buy-back y wi� place a 'buy' order tor Buy-back wi� place a 'buy' order tor Buy-back a 'buy' order tor Buy-back uy-back y-back -back ack ck [[of ]] E.1rnings per share �1 (Basic) 67.73 187_05 205.34 212.78 23.2. As on the date of this Public Announcement, thr are no outstanding Equity Shares w are par11y paiid
Oemat Shares, along with a pricby e for indthe icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to along with a pricby e for indthe icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to with a pricby e for indthe icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to ith a pricby e for indthe icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to th a pricby e for indthe icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to a pricby e for indthe icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to ricby e for indthe icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to icby e for indthe icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to cby e for indthe icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to by e for indthe icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to e for indthe icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to for indthe icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to indthe icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to dthe icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to the icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to to the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to the number ot Equity Sllares the price at Which the order matches it intencls 1he price to the price at Which the order matches it intencls 1he price to price at Which the order matches it intencls 1he price to ice at Which the order matches it intencls 1he price to ce at Which the order matches it intencls 1he price to e at Which the order matches it intencls 1he price to at Which the order matches it intencls 1he price to the order matches it intencls 1he price to order matches it intencls 1he price to matches it intencls 1he price to it intencls 1he price to 1he price to to buy Earnioos Return on net worth oer share 67.73• NA t3.08% 187.05 15 205 77% 24 18.93% 21278 Shares (except forfeited ol the Company. shares) or with cal in aears and there are no outstanding securities convertible into Equ ty
tendered bV the exe(Ution or lhe bo� eneficaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In exe(Ution or lhe bo� eneficaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In xe(Ution or lhe bo� eneficaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In ion or lhe bo� eneficaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In on or lhe bo� eneficaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In n or lhe bo� eneficaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In or lhe bo� eneficaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In lhe bo� eneficaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In bo� eneficaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In o� eneficaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In eneficaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In neficaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In eficaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In ficaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In icaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In caind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In aind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In ind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In nd al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In Issuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In wtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In tile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In ile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In le l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In e l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In out by the Broker lor !flat beneficial of the Company owner. The In by the Broker lor !flat beneficial of the Company owner. The In the Broker lor !flat beneficial of the Company owner. The In lor !flat beneficial of the Company owner. The In or !flat beneficial of the Company owner. The In r !flat beneficial of the Company owner. The In !flat beneficial of the Company owner. The In beneficial of the Company owner. The In of the Company owner. The In Company owner. The In owner. The In wner. The In ner. The In er. The In r. The In The In In n Book value per sh.are (?') NA 1,430.69 1,302.10 1.126.69 23.3. As or aot the date gement opt ttus ursuanPublic t to any Annporovisiuncemeons nt. of lhe Companies Act there is no pending schem2013. e ol amalgamation or compromise
accord� vv the requllements of the Stocrequllements of the Stocequllements of the Stocullements of the Stocllements of the Stocents of the Stocts of the Stocof the Stocthe StocStoc E�changes and the SEBI. The orders for Equity SMres can and the SEBI. The orders for Equity SMres can SEBI. The orders for Equity SMres can The orders for Equity SMres can for Equity SMres can Equity SMres can l}ebt-equity ratio NA 0.00 0.02 0.00 23.4. The shareholding pattern of the Company as of November 07, 2023. ("Pre-Buy·bac1n and the proposed
be placed on the trading days of the Stoel< Exchanges. Buy-back window 51\all be available during 9:45 am placed on the trading days of the Stoel< Exchanges. Buy-back window 51\all be available during 9:45 am on the trading days of the Stoel< Exchanges. Buy-back window 51\all be available during 9:45 am n the trading days of the Stoel< Exchanges. Buy-back window 51\all be available during 9:45 am the trading days of the Stoel< Exchanges. Buy-back window 51\all be available during 9:45 am trading days of the Stoel< Exchanges. Buy-back window 51\all be available during 9:45 am days of the Stoel< Exchanges. Buy-back window 51\all be available during 9:45 am of the Stoel< Exchanges. Buy-back window 51\all be available during 9:45 am the Stoel< Exchanges. Buy-back window 51\all be available during 9:45 am Stoel< Exchanges. Buy-back window 51\all be available during 9:45 am window 51\all be available during 9:45 am indow 51\all be available during 9:45 am dow 51\all be available during 9:45 am w 51\all be available during 9:45 am 51\all be available during 9:45 am be available during 9:45 am available during 9:45 am 9:45 am am shareholding pattern of lhe Company post-completion of the Buv-back are given below:
For I six·molbs Consolidated Financial ear ended
to 3:00 pm oo al normal trading days during the Buy-back period. The Company is under no 3:00 pm oo al normal trading days during the Buy-back period. The Company is under no :00 pm oo al normal trading days during the Buy-back period. The Company is under no 00 pm oo al normal trading days during the Buy-back period. The Company is under no 0 pm oo al normal trading days during the Buy-back period. The Company is under no pm oo al normal trading days during the Buy-back period. The Company is under no oo al normal trading days during the Buy-back period. The Company is under no normal trading days during the Buy-back period. The Company is under no the Buy-back period. The Company is under no period. The Company is under no eriod. The Company is under no riod. The Company is under no od. The Company is under no . The Company is under no The Company is under no is under no under no nder no r no no obllgatloo to to Pl'1 Bu -back Posl
place ·buy' order on a da y basis. ·buy' order on a da y basis. order on a da y basis. a da y basis. da y basis. y basis. Particulars period ended Mardi 31, �rch 31, March 31, % to existing % to post
17.10. II tho mBuy-back ay be noted and that a that tuniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s tho mBuy-back ay be noted and that a that tuniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s mBuy-back ay be noted and that a that tuniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s Buy-back ay be noted and that a that tuniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s ay be noted and that a that tuniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s y be noted and that a that tuniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s be noted and that a that tuniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s noted and that a that tuniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s oted and that a that tuniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s ted and that a that tuniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s ed and that a that tuniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s and that a that tuniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s that a that tuniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s that tuniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s uniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s me price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s e price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s oo the price at which tbe paid lo all the sharehhe oldertrado with that s be paid lo all the sharehhe oldertrado with that s e paid lo all the sharehhe oldertrado with that s paid lo all the sharehhe oldertrado with that s all the sharehhe oldertrado with that s sharehhe oldertrado with that s harehhe oldertrado with that s arehhe oldertrado with that s rehhe oldertrado with that s hhe oldertrado with that s he oldertrado with that s e oldertrado with that s oldertrado with that s trado with that s s I heficial particular sowners pursuant hareholder to heficial particular sowners pursuant hareholder to ficial particular sowners pursuant hareholder to particular sowners pursuant hareholder to owners pursuant hareholder to hareholder to areholder to reholder to holder to older to to September 30, 2023 2023 2022 2021 Cateo°'V of shareholder Number ol Equity Shares equity share Equity Shares Number of Buy-back share equity
I t>eMflcial OYlner was executed on the Stock Exchanges t>eMflcial OYlner was executed on the Stock Exchanges flcial OYlner was executed on the Stock Exchanges lcial OYlner was executed on the Stock Exchanges cial OYlner was executed on the Stock Exchanges ial OYlner was executed on the Stock Exchanges l OYlner was executed on the Stock Exchanges OYlner was executed on the Stock Exchanges executed on the Stock Exchanges on the Stock Exchanges the Stock Exchanges Stock Exchanges ock Exchanges ck Exchanges k Exchanges Exchanges 6 12 12 12 Promoters and Ptomoter 1,32,97,428 45.06 1.32.97,428 45.16
Procedure for Buy-back of Shares held in Physical farm ("Physical Shares") Earnings per share �) (Basic) 65.62• 174.15 20423 221.17 Pub•c 1.62, t 6,327 1.61.49.661 54.84
17.11. A.s �the proviso to Regulalioo 40(1) of the SEBI Lproviso to Regulalioo 40(1) of the SEBI Loviso to Regulalioo 40(1) of the SEBI Lviso to Regulalioo 40(1) of the SEBI Liso to Regulalioo 40(1) of the SEBI Lso to Regulalioo 40(1) of the SEBI Lo to Regulalioo 40(1) of the SEBI Lto Regulalioo 40(1) of the SEBI L40(1) of the SEBI Lof the SEBI Lthe SEBI Le SEBI LSEBI L Regulations. e11ecti,•e rrom accept the are Equitv held In Shares the detemndateereral�d form d under the ccept the are Equitv held In Shares the detemndateereral�d form d under the egulations. e11ecti,•e rrom cept the are Equitv held In Shares the detemndateereral�d form d under the ept the are Equitv held In Shares the detemndateereral�d form d under the ulations. e11ecti,•e rrom t the are Equitv held In Shares the detemndateereral�d form d under the the are Equitv held In Shares the detemndateereral�d form d under the are Equitv held In Shares the detemndateereral�d form d under the re Equitv held In Shares the detemndateereral�d form d under the ns. e11ecti,•e rrom s. e11ecti,•e rrom Equitv held In Shares the detemndateereral�d form d under the . e11ecti,•e rrom held In Shares the detemndateereral�d form d under the e11ecti,•e rrom Shares the detemndateereral�d form d under the the detemndateereral�d form d under the he detemndateereral�d form d under the e detemndateereral�d form d under the detemndateereral�d form d under the temndateereral�d form d under the mndateereral�d form d under the ndateereral�d form d under the ateereral�d form d under the Apri iereral�d form d under the pri ireral�d form d under the ri iral�d form d under the ial�d form d under the d under the 01, 2019, under the Apri iereral�d form d under the pri ireral�d form d under the ri iral�d form d under the ial�d form d under the d under the 01, 2019, under the 01, 2019, under the share 65.62• 174.1 5 204.23 221. t 7 Shares DRs N� NII Nil NII
transfers with Buy-back a depof uonsitsecurities shall leory. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the with Buy-back a depof uonsitsecurities shall leory. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the Buy-back a depof uonsitsecurities shall leory. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the a depof uonsitsecurities shall leory. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the epof uonsitsecurities shall leory. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the pof uonsitsecurities shall leory. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the of uonsitsecurities shall leory. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the uonsitsecurities shall leory. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the onsitsecurities shall leory. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the nsitsecurities shall leory. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the sitsecurities shall leory. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the securities shall leory. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the leory. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the ory. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the ry. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the . such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the f the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the are the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the essein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the in demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the emad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the d unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the nashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the shall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the isthe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the sthe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the the securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the d not form. accept the are Equitv held In Shares the detemndateereral�d form d under the not form. accept the are Equitv held In Shares the detemndateereral�d form d under the form. accept the are Equitv held In Shares the detemndateereral�d form d under the Book Return vaoln ue per snet worth hare (� NA 1,457.90 1 1 .77% 1,343.63 15.21% 1, 170.92 19.05% Shares held Non-Promoter Non-Pub�c lw Trust Nd Nd NII NII NII Nil NNII il
ACCORDINGLY, ALL SHAREHOLDERS OF THE COMPANY HOLDING EQUITY SHARES IN FORM AND DESIROUS OF TENDERING THEIR EQUITY FORM AND DESIROUS OF TENDERING THEIR EQUITY TENDERING THEIR EQUITY THEIR EQUITY SHARES IN THE BUY·BACK ARE ADVISED PHYSICAL ·not annualised ratio NA 0,01 0.03 •ATotal the Buy-back of lnd Maximum Buy-/Jack Shares. However. post Buy-back 2,95,13.755 100.00 2.94,47,089 the issued. 100.00
TO APPROACH THE CllNCERNEO DEPOSITORY PARTICIPAIH TO HAVE THEIR HEIR EIR IR R EQUITY SHARES The key financial ratios, mentioned herein above. have been computed as under: subscribed and paid-up shafl! capital may di depending qpon tire actual number of Equity Shares bought
DEMATERIALISED. IN CASE ANY SHAREHOLDER HAS SUBMlmD EQUITY SHARES IN PHYSICAL back unrJer the Buy-back.
FORM FOR DEMATERIAUSATION, SUCH SHAREHOLDERS MUST ENSURE TH1AT THE PROCESS OF OEMATERIALISATION IS COMPLETED WELL IN TIME SO BACK BEFORE THE BUY-BACK CLOSING DATE. OEMATERIALISATION IS COMPLETED WELL IN TIME SO BACK BEFORE THE BUY-BACK CLOSING DATE. BACK BEFORE THE BUY-BACK CLOSING DATE. THAT THEY CAN PARTICIPATE IN THE BUY· THEY CAN PARTICIPATE IN THE BUY· Ne1 Worth Eqtlty Share Capital + Reserve Qeiefled Tax and Assels Capital Redemp-tion Other Equity Reserve) (Gl!raf R+ Deferred eserves, Retllftld Asse1 ELJaam&lbigslities , Statu(riet) -tory 24. 24. 1 The continuing shareholders. wrthoul any matenal MANAGEMENT DISCUSSION ANO ANALYSIS Compa11y �lieves that #le Buy·back is imexpe'Cled to AtlO pact oo the THE LIKELY IMPACT OF BUY-BACK ON THE COMPANY pc-ofrtaenhi!biiltove1an v I earnlong-term shareholders' value or tile Company except to Ifor
17.12. Sharehatdefs are requested tor t Registrar 01 the Compo anget in y to citoueh arify any doubts in wi1h the Manag� ot the Buy·back the process, or the Broker of the Company the Broker of the Company Broker of the Company of the Company the Company Company ompany pany any ny farning;s Per Sbare (Basic) Prom I (loss) aftneur ta>: mbefr or of the period shares atbutab� to equity i shareholders I extent of reductitowards genf'!aling in investment income. At the amnt available fthe Maximum Buy·batk Size, or Investment, Which lhe Comthe fund$ pany might deployed have otherwise •ved by I Company
17.13. Subject to the Company purchasing ubject to the Company purchasing bject to the Company purchasing ject to the Company purchasing ct to the Company purchasing to the Company purchasing the Company purchasing Equity Shares for an for an or an r an an amount equivalen1 to the Minimum Buy-back equivalen1 to the Minimum Buy-back to the Minimum Buy-back o the Minimum Buy-back the Minimum Buy-back Minimum Buy-back inimum Buy-back imum Buy-back mum Buy-back um Buy-back Buy-back Earning:s Per Share (Diluted) Profit I (loss) after !a for the period attributable lo equ ty shareholders I towards the Buy-back wi be� 50.00,00,0· (Rup s llfty crores only) excluding Transactloo Costs.
Equity Size, nothing contained herein Buyany pperm-baclsowShares bought back, sll>lk er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to Size, nothing contained herein Buyany pperm-baclsowShares bought back, sll>lk er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to Buyany pperm-baclsowShares bought back, sll>lk er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to any pperm-baclsowShares bought back, sll>lk er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to perm-baclsowShares bought back, sll>lk er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to m-baclsowShares bought back, sll>lk er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to -baclsowShares bought back, sll>lk er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to baclsowShares bought back, sll>lk er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to lsowShares bought back, sll>lk er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to owShares bought back, sll>lk er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to Shares bought back, sll>lk er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to sll>lk er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to ll>lk er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to k er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to r aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to a of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to by y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to Com. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to om. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to . The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to anCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to nCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to Cy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to y oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to or mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to even the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to nShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to Shares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to if llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to is under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to he d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to e d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to c-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to nrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to rmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to o onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to nbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to bliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to ate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to agngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to gngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to ngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to gatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to ation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to ion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to on ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to t on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to lnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to not atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to tJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to o n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to roseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to oseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to seharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to eharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to harmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to macBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to acBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to Buy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to eehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to ehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to hdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to do, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to o, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to , lder and I or the Maxto the to imhave or Board um impair eldent Buyany to lder and I or the Maxto the to imhave or Board um impair eldent Buyany to der and I or the Maxto the to imhave or Board um impair eldent Buyany to and I or the Maxto the to imhave or Board um impair eldent Buyany to or the Maxto the to imhave or Board um impair eldent Buyany to Maxto the to imhave or Board um impair eldent Buyany to axto the to imhave or Board um impair eldent Buyany to to the to imhave or Board um impair eldent Buyany to to imhave or Board um impair eldent Buyany to imhave or Board um impair eldent Buyany to mhave or Board um impair eldent Buyany to have or Board um impair eldent Buyany to or Board um impair eldent Buyany to Board um impair eldent Buyany to um impair eldent Buyany to impair eldent Buyany to eldent Buyany to Buyany to any to to Book Oebt-VEqaluitue y per Share Ratio Total Debt Net worth I Number of shares number of 1 iNn et Worl Equity and 51\ares forfSeited hares outstanding at year encl (exciudil'lg 2424.2. The Buy-back .3. considenng the the In accordance with Regulation 16Qi) of the Promoters is aluds nptoposed, d Promoter Group of the Company. Accordingly, 1eqwed confor future growth sidering the aBuy-back ccof umthe Company ulated Regulations, surplus as fenvisaged by the uthe nds percBuy-back avaitabk: Vlith the ntag of shal Board. voting the not Cbe orights mmade panyheld by , from afrer
Mcle Size or buy abuy aa the Maximum Buy-back Shares. hares. res. s. . However, if tne Company is not able Company is not able is not able not able ble le e 10 complete complete Return on Net Worth l%) Profit (Loss) after tax for the period Nel wortfl Pr ters and Promoter Group wil increase. However, total voling rights held by Promoters and Promoter
(Cc.nlirluel! aoxt pa.go.)
3,333.55
5.554
29.59
3,937
547
1,234 6.140.00
54.94
9.35
17.8.
Total otal tal al l
004
29.51
7.90 6,596.75
1.97
----- End of picture text -----

PROCESS AND MEiOOOLOGY FOR THE BUY-BACK ROCESS AND MEiOOOLOGY FOR THE BUY-BACK SS AND MEiOOOLOGY FOR THE BUY-BACK S AND MEiOOOLOGY FOR THE BUY-BACK iOOOLOGY FOR THE BUY-BACK

17.1. The Buy-back Buy-back Is open to open to to all sharehok1ers harehok1ers arehok1ers hok1ers ok1ers ers rs s I benehc.al owners or II Company holing Equity Shares In demateriatised form \Demat Shares"). Shareholders holding Equi1Y Shares in physieat form can participate Shareholders holding Equi1Y Shares in physieat form can participate reholders holding Equi1Y Shares in physieat form can participate eholders holding Equi1Y Shares in physieat form can participate lders holding Equi1Y Shares in physieat form can participate ders holding Equi1Y Shares in physieat form can participate holding Equi1Y Shares in physieat form can participate Shares in physieat form can participate ares in physieat form can participate res in physieat form can participate in physieat form can participate physieat form can participate form can participate orm can participate rm can participate m can participate can participate participate in the Buy-back attar such Equity Buy-back attar such Equity attar such Equity such Equity ch Equity h Equity Equity Shales are demateria�d t>y approaching depository participant. t>y approaching depository participant. approaching depository participant. participant. ticipant. icipant. cipant.

17.2. the e Further. as requwe-0 urther. as requwe-0 rther. as requwe-0 her. as requwe-0 er. as requwe-0 r. as requwe-0 . as requwe-0 as requwe-0 requwe-0 equwe-0 quwe-0 uwe-0 we-0 e-0 under the Act and the Buy-back Regulations, Act and the Buy-back Regulations, and the Buy-back Regulations, Buy-back Regulations, uy-back Regulations, y-back Regulations, -back Regulations, back Regulations, k Regulations, Regulations, gulations, lations, ations, tions, ons, Company vrill not Buy-back any Equity Shaies quity Shaies ity Shaies which ich ch are p.arUy paid-up, id-up, d-up, -up, up, p, , lhe Equitv Shares hares es s wi1h calls-in-artears, lacked-in or non transferable Equity Shares, Equity Shares, Shares, 0< until the until the the pendency ol ol such lock-in, or until Ute time such Equity Shares or until Ute time such Equity Shares until Ute time such Equity Shares time such Equity Shares such Equity Shares freereee

become ly transferable. as applicable.

17.3. The Buy·back will be Implemented by the Company by wav of open matket purchases tlvouoh the Buy·back will be Implemented by the Company by wav of open matket purchases tlvouoh the uy·back will be Implemented by the Company by wav of open matket purchases tlvouoh the ·back will be Implemented by the Company by wav of open matket purchases tlvouoh the ack will be Implemented by the Company by wav of open matket purchases tlvouoh the ck will be Implemented by the Company by wav of open matket purchases tlvouoh the k will be Implemented by the Company by wav of open matket purchases tlvouoh the be Implemented by the Company by wav of open matket purchases tlvouoh the Implemented by the Company by wav of open matket purchases tlvouoh the plemented by the Company by wav of open matket purchases tlvouoh the emented by the Company by wav of open matket purchases tlvouoh the mented by the Company by wav of open matket purchases tlvouoh the ented by the Company by wav of open matket purchases tlvouoh the ted by the Company by wav of open matket purchases tlvouoh the d by the Company by wav of open matket purchases tlvouoh the by the Company by wav of open matket purchases tlvouoh the the Company by wav of open matket purchases tlvouoh the Company by wav of open matket purchases tlvouoh the mpany by wav of open matket purchases tlvouoh the any by wav of open matket purchases tlvouoh the by wav of open matket purchases tlvouoh the wav of open matket purchases tlvouoh the of open matket purchases tlvouoh the open matket purchases tlvouoh the matket purchases tlvouoh the purchases tlvouoh the tlvouoh the ouoh the uoh the h the the Exchanges, by the the order matching mechaniSm except ·a11 or nooe· order matching system, as provided except ·a11 or nooe· order matching system, as provided nooe· order matching system, as provided provided rovided ed d under the Buy-back Regulations ithe Buy-back Regulations ii and prl&e-time priority-based order matching iority-based order matching rity-based order matching -based order matching based order matching sed order matching princlple, as provided under the Stock Excllatlge Excllatlge C rculars culars ulars lars s and in accoidance with t11e SEBI cilcular ccoidance with t11e SEBI cilcular coidance with t11e SEBI cilcular oidance with t11e SEBI cilcular dance with t11e SEBI cilcular ce with t11e SEBI cilcular e with t11e SEBI cilcular with t11e SEBI cilcular t11e SEBI cilcular 11e SEBI cilcular 1e SEBI cilcular e SEBI cilcular SEBI cilcular SEBllHO/CFDJPo0·2 CIR/2023135 dated March 08, 2023, Operational Guidance - Amendment to Se&urilies - Amendment to Se&urilies Amendment to Se&urilies Se&urilies and Exchange Board CJf India (8uy-back of Securities) Regulations. 2018. CJf India (8uy-back of Securities) Regulations. 2018. India (8uy-back of Securities) Regulations. 2018. Securities) Regulations. 2018. ecurities) Regulations. 2018. urities) Regulations. 2018. rities) Regulations. 2018. s) Regulations. 2018. ) Regulations. 2018. Regulations. 2018. 2018. .

17 .4 For the or the r the the implementation plementation lementation ementation on ol the Buy-back, the Company the Buy-back, the Company he Buy-back, the Company e Buy-back, the Company Buy-back, the Company -back, the Company back, the Company ack, the Company the Company Company has appointed Nuvama Wealth and appointed Nuvama Wealth and ppointed Nuvama Wealth and inted Nuvama Wealth and nted Nuvama Wealth and d Nuvama Wealth and Nuvama Wealth and and lnves1ment limited as the registeied brolcer to the Company (the "Company's Broker") through whom the purchases mited as the registeied brolcer to the Company (the "Company's Broker") through whom the purchases ted as the registeied brolcer to the Company (the "Company's Broker") through whom the purchases ed as the registeied brolcer to the Company (the "Company's Broker") through whom the purchases d as the registeied brolcer to the Company (the "Company's Broker") through whom the purchases as the registeied brolcer to the Company (the "Company's Broker") through whom the purchases the registeied brolcer to the Company (the "Company's Broker") through whom the purchases e registeied brolcer to the Company (the "Company's Broker") through whom the purchases registeied brolcer to the Company (the "Company's Broker") through whom the purchases the Company (the "Company's Broker") through whom the purchases Company (the "Company's Broker") through whom the purchases (the "Company's Broker") through whom the purchases Broker") through whom the purchases through whom the purchases and settlements on account of tile Buy·baek wiaccount of tile Buy·baek wiof tile Buy·baek wiwi be made by the Company. made by the Company. ade by the Company. de by the Company. e by the Company. by the Company.

17 .5. 5. . : The e-0nlact details of the Company's Broker arc as follows: e-0nlact details of the Company's Broker arc as follows: details of the Company's Broker arc as follows: etails of the Company's Broker arc as follows: ls of the Company's Broker arc as follows: of the Company's Broker arc as follows: Company's Broker arc as follows: Broker arc as follows: arc as follows: follows: ollows: Name; Nuvama Wealth and lnYestment Limited uvama Wealth and lnYestment Limited ama Wealth and lnYestment Limited a Wealth and lnYestment Limited Wealth and lnYestment Limited lnYestment Limited Yestment Limited estment Limited stment Limited ment Limited ent Limited nt Limited Limited ReglsterM office: 2"' floor, floor, Office no. ffice no. ice no. ce no. e no. no. 201 to 203, 203, Zodiac F1aza, Xavier odiac F1aza, Xavier diac F1aza, Xavier iac F1aza, Xavier Coege ege Road, Off CG Road, CG Road, Ahmedabad 380 009, Gujarat, 380 009, Gujarat, 009, Gujarat, 09, Gujarat, 9, Gujarat, Gujarat, India Contact person: Mr Nikunj Patel Nikunj Patel ikunj Patel kunj Patel unj Patel nj Patel j Patel Phone: (+91 79)40019906 1 (+91) 9223354802 E-i!laU; n11<unJ.patet@nuv-i!laU; n11<unJ.patet@nuvaU; n11<unJ.patet@nuvU; n11<unJ.patet@nuv; n11<unJ.patet@nuvn11<unJ.patet@nuv .com SEBI registration number: INZ000005231 number: INZ000005231

17.6. Shares ate hares ate ares ate s ate traded ded d mode under ltle t1ading codes under ltle t1ading codes ltle t1ading codes t1ading codes ing codes ng codes g codes AlUL al NSE and ATUL al NSE and ATUL and ATUL nd ATUL d ATUL ATUL I 500027 at BSE. The ISIN of the Equity Shares of the Compan� IS INE100A01010. at BSE. The ISIN of the Equity Shares of the Compan� IS INE100A01010. BSE. The ISIN of the Equity Shares of the Compan� IS INE100A01010. SE. The ISIN of the Equity Shares of the Compan� IS INE100A01010. E. The ISIN of the Equity Shares of the Compan� IS INE100A01010. . The ISIN of the Equity Shares of the Compan� IS INE100A01010. The ISIN of the Equity Shares of the Compan� IS INE100A01010. ISIN of the Equity Shares of the Compan� IS INE100A01010. of the Equity Shares of the Compan� IS INE100A01010. the Equity Shares of the Compan� IS INE100A01010. he Equity Shares of the Compan� IS INE100A01010. e Equity Shares of the Compan� IS INE100A01010. Equity Shares of the Compan� IS INE100A01010. hares of the Compan� IS INE100A01010. ares of the Compan� IS INE100A01010. res of the Compan� IS INE100A01010. s of the Compan� IS INE100A01010. of the Compan� IS INE100A01010. the Compan� IS INE100A01010. Compan� IS INE100A01010. pan� IS INE100A01010. an� IS INE100A01010. n� IS INE100A01010. � IS INE100A01010. IS INE100A01010. INE100A01010. NE100A01010. E100A01010. 00A01010. 1010. 010. 10. 0. .

17.7. The Buy-back will commence on Buy-back will commence on will commence on commence on mmence on mence on ence on nce on e on on Tuesday, November 21, 2023 21, 2023 Q.e. the date of the date of commencement or the mmencement or the mencement or the encement or the ncement or the ement or the ment or the ent or the or the Buy-bat!t) and the Company will place 'buy• orders oo the Stock Exchanges on the normal trading segment and the Company will place 'buy• orders oo the Stock Exchanges on the normal trading segment the Company will place 'buy• orders oo the Stock Exchanges on the normal trading segment Company will place 'buy• orders oo the Stock Exchanges on the normal trading segment will place 'buy• orders oo the Stock Exchanges on the normal trading segment ll place 'buy• orders oo the Stock Exchanges on the normal trading segment the Stock Exchanges on the normal trading segment the normal trading segment normal trading segment ormal trading segment rmal trading segment trading segment ing segment ng segment segment In such

the accE�ity ordance Shares through U1e v IaccE�ity ordance Shares through U1e v IcE�ity ordance Shares through U1e v IE�ity ordance Shares through U1e v Iordance Shares through U1e v Irdance Shares through U1e v Iance Shares through U1e v Ince Shares through U1e v IShares through U1e v Iv I I SEBI EBI BI I Bt0ker of tile Company, Company, quantity

under and at U1e such BO ptice series to whBuy-back tl vli be in the accE�ity ordance Shares through U1e v Iand at U1e such BO ptice series to whBuy-back tl vli be in the accE�ity ordance Shares through U1e v IU1e such BO ptice series to whBuy-back tl vli be in the accE�ity ordance Shares through U1e v Isuch BO ptice series to whBuy-back tl vli be in the accE�ity ordance Shares through U1e v IBO ptice series to whBuy-back tl vli be in the accE�ity ordance Shares through U1e v IO ptice series to whBuy-back tl vli be in the accE�ity ordance Shares through U1e v Iptice series to whBuy-back tl vli be in the accE�ity ordance Shares through U1e v Iseries to whBuy-back tl vli be in the accE�ity ordance Shares through U1e v IwhBuy-back tl vli be in the accE�ity ordance Shares through U1e v IBuy-back tl vli be in the accE�ity ordance Shares through U1e v Itl vli be in the accE�ity ordance Shares through U1e v Ivli be in the accE�ity ordance Shares through U1e v I be in the accE�ity ordance Shares through U1e v Icircular SEBl/liOJCFD/POD-2/P/CIR,12023135 Bt0ker of tile Company, d(Buy-Bat� March ack of Securities) RegulalJOns, 06, 2023, (Buy-Bat� March ack of Securities) RegulalJOns, 06, 2023, at� March ack of Securities) RegulalJOns, 06, 2023, t� March ack of Securities) RegulalJOns, 06, 2023, ack of Securities) RegulalJOns, 06, 2023, ck of Securities) RegulalJOns, 06, 2023, k of Securities) RegulalJOns, 06, 2023, of Securities) RegulalJOns, 06, 2023, 06, 2023, Operational Gui201 danca e and • Gui201 danca e and • ui201 danca e and • i201 danca e and • 201 danca e and • danca e and • anca e and • ca e and • a e and • e and • and • • AmSentocdk mExcllange Cent to the mSentocdk mExcllange Cent to the Sentocdk mExcllange Cent to the entocdk mExcllange Cent to the tocdk mExcllange Cent to the dk mExcllange Cent to the k mExcllange Cent to the mExcllange Cent to the Excllange Cent to the ent to the nt to the t to the to the the Sew•rculars, •rculars, ulars, lars, ars, not and e�ceeding Exchange Board of the and e�ceeding Exchange Board of the e�ceeding Exchange Board of the Exchange Board of the the Ma>:lmum India India (Rup per Equity Share. as it may deem fll, Equity Share. as it may deem fll, Share. as it may deem fll, as it may deem fll, deem fll,

depending Buy-back Pnce upon othe ft 7,500/· prevailing mar(RupBuy-back Pnce upon othe ft 7,500/· prevailing mar(RupPnce upon othe ft 7,500/· prevailing mar(Rupupon othe ft 7,500/· prevailing mar(Rupothe ft 7,500/· prevailing mar(Rupthe ft 7,500/· prevailing mar(Rupft 7,500/· prevailing mar(Rupt 7,500/· prevailing mar(Rup7,500/· prevailing mar(Rupprevailing mar(Rupseven tnousand five hundrecl only) price of the Equify Shares on the Stock Exchanges. per Equity Share. as it may deem fll, price of the Equify Shares on the Stock Exchanges. per Equity Share. as it may deem fll, of the Equify Shares on the Stock Exchanges. per Equity Share. as it may deem fll, the Equify Shares on the Stock Exchanges. per Equity Share. as it may deem fll, Equify Shares on the Stock Exchanges. per Equity Share. as it may deem fll, Shares on the Stock Exchanges. per Equity Share. as it may deem fll, on the Stock Exchanges. per Equity Share. as it may deem fll, n the Stock Exchanges. per Equity Share. as it may deem fll, the Stock Exchanges. per Equity Share. as it may deem fll, Stock Exchanges. per Equity Share. as it may deem fll, For the purpose of this Buy-back, when the Company has placed an order tor Buy-back ithe purpose of this Buy-back, when the Company has placed an order tor Buy-back iof this Buy-back, when the Company has placed an order tor Buy-back ithis Buy-back, when the Company has placed an order tor Buy-back iwhen the Company has placed an order tor Buy-back ihen the Company has placed an order tor Buy-back in the Company has placed an order tor Buy-back iCompany has placed an order tor Buy-back impany has placed an order tor Buy-back ipany has placed an order tor Buy-back iany has placed an order tor Buy-back iny has placed an order tor Buy-back iplaced an order tor Buy-back ian order tor Buy-back iorder tor Buy-back itor Buy-back ii ol Equity Shares, the Equity Shares, the quity Shares, the uity Shares, the ity Shares, the Shares, the Identify of lhe Company as a purchaser wi be avaiabe to t e marlhe Company as a purchaser wi be avaiabe to t e marhe Company as a purchaser wi be avaiabe to t e mare Company as a purchaser wi be avaiabe to t e marCompany as a purchaser wi be avaiabe to t e mar be avaiabe to t e marabe to t e marto t e mart e mar e marmar partcipants of the Stock Exchanges. artcipants of the Stock Exchanges. cipants of the Stock Exchanges. ipants of the Stock Exchanges. pants of the Stock Exchanges. nts of the Stock Exchanges. s of the Stock Exchanges. of the Stock Exchanges. f the Stock Exchanges. the Stock Exchanges. he Stock Exchanges. e Stock Exchanges. Stock Exchanges. tock Exchanges. ock Exchanges. ck Exchanges. k Exchanges. Exchanges. hanges. anges. ges. es. s. .

17.9. i) n the Buy-back, would ) n the Buy-back, would n the Buy-back, would the Buy-back, would -back, would back, would , would would Procedure tor Buy·back Beneficial owners holding have to do so throogh their stockbroker, of Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would Beneficial owners holding have to do so throogh their stockbroker, of Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would have to do so throogh their stockbroker, of Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would to do so throogh their stockbroker, of Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would do so throogh their stockbroker, of Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would so throogh their stockbroker, of Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would throogh their stockbroker, of Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would hroogh their stockbroker, of Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would roogh their stockbroker, of Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would oogh their stockbroker, of Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would gh their stockbroker, of Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would h their stockbroker, of Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would their stockbroker, of Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would of Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would f Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would Oemal shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would shares held Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would Shares who desire in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would in who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would who Is Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would Dematea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would atea rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would a rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would rergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would ergiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would rgiaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would giaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would iaisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would aisliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would isliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would sliteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would liteto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would teto sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would to sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would sered d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would red d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would d sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would sell form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would form ("Oemat member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would member or their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would their Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would Equity the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would the SShares hStock ares"Exchanges by indicating i) n the Buy-back, would SShares hStock ares"Exchanges by indicating i) n the Buy-back, would Shares hStock ares"Exchanges by indicating i) n the Buy-back, would hStock ares"Exchanges by indicating i) n the Buy-back, would Stock ares"Exchanges by indicating i) n the Buy-back, would ares"Exchanges by indicating i) n the Buy-back, would res"Exchanges by indicating i) n the Buy-back, would es"Exchanges by indicating i) n the Buy-back, would s"Exchanges by indicating i) n the Buy-back, would "Exchanges by indicating i) n the Buy-back, would Exchanges by indicating i) n the Buy-back, would to their broker the det!Jls of the Equity Shares they intend to sell whenever the Company has placed a their broker the det!Jls of the Equity Shares they intend to sell whenever the Company has placed a eir broker the det!Jls of the Equity Shares they intend to sell whenever the Company has placed a ir broker the det!Jls of the Equity Shares they intend to sell whenever the Company has placed a r broker the det!Jls of the Equity Shares they intend to sell whenever the Company has placed a broker the det!Jls of the Equity Shares they intend to sell whenever the Company has placed a the det!Jls of the Equity Shares they intend to sell whenever the Company has placed a det!Jls of the Equity Shares they intend to sell whenever the Company has placed a of the Equity Shares they intend to sell whenever the Company has placed a the Equity Shares they intend to sell whenever the Company has placed a he Equity Shares they intend to sell whenever the Company has placed a they intend to sell whenever the Company has placed a intend to sell whenever the Company has placed a Company has placed a mpany has placed a pany has placed a y has placed a has placed a placed a "bu( order tor Buy-back of the Equity Shares. The Company wi� place a 'buy' order tor Buy-back The Company wi� place a 'buy' order tor Buy-back Company wi� place a 'buy' order tor Buy-back ompany wi� place a 'buy' order tor Buy-back mpany wi� place a 'buy' order tor Buy-back y wi� place a 'buy' order tor Buy-back wi� place a 'buy' order tor Buy-back a 'buy' order tor Buy-back uy-back y-back -back ack ck[[of ]] Oemat Shares, along with a pricby e for indthe icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to along with a pricby e for indthe icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to with a pricby e for indthe icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to ith a pricby e for indthe icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to th a pricby e for indthe icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to a pricby e for indthe icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to ricby e for indthe icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to icby e for indthe icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to cby e for indthe icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to by e for indthe icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to e for indthe icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to for indthe icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to indthe icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to dthe icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to the icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to icating sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to sameto the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to to the Broker . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to . The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to The tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to tracle wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to wil of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to of the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to the be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to be executed Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to Company, at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to at the number ot Equity Sllares the price at Which the order matches it intencls 1he price to the number ot Equity Sllares the price at Which the order matches it intencls 1he price to the price at Which the order matches it intencls 1he price to price at Which the order matches it intencls 1he price to ice at Which the order matches it intencls 1he price to ce at Which the order matches it intencls 1he price to e at Which the order matches it intencls 1he price to at Which the order matches it intencls 1he price to the order matches it intencls 1he price to order matches it intencls 1he price to matches it intencls 1he price to it intencls 1he price to 1he price to to buy tendered bV the exe(Ution or lhe bo� eneficaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In exe(Ution or lhe bo� eneficaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In xe(Ution or lhe bo� eneficaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In ion or lhe bo� eneficaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In on or lhe bo� eneficaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In n or lhe bo� eneficaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In or lhe bo� eneficaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In lhe bo� eneficaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In bo� eneficaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In o� eneficaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In eneficaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In neficaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In eficaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In ficaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In icaind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In caind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In aind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In ind al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In nd al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In al OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In OWIssuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In Issuance of S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In S and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In and that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In that price cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In cootract nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In nowtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In wtile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In tile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In ile l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In le l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In e l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In l be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In be the wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In wil be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In be carried Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In Buy-back price out by the Broker lor !flat beneficial of the Company owner. The In out by the Broker lor !flat beneficial of the Company owner. The In by the Broker lor !flat beneficial of the Company owner. The In the Broker lor !flat beneficial of the Company owner. The In lor !flat beneficial of the Company owner. The In or !flat beneficial of the Company owner. The In r !flat beneficial of the Company owner. The In !flat beneficial of the Company owner. The In beneficial of the Company owner. The In of the Company owner. The In Company owner. The In owner. The In wner. The In ner. The In er. The In r. The In The In In n accord� vv the requllements of the Stocrequllements of the Stocequllements of the Stocullements of the Stocllements of the Stocents of the Stocts of the Stocof the Stocthe StocStoc E�changes and the SEBI. The orders for Equity SMres can and the SEBI. The orders for Equity SMres can SEBI. The orders for Equity SMres can The orders for Equity SMres can for Equity SMres can Equity SMres can be placed on the trading days of the Stoel< Exchanges. Buy-back window 51\all be available during 9:45 am placed on the trading days of the Stoel< Exchanges. Buy-back window 51\all be available during 9:45 am on the trading days of the Stoel< Exchanges. Buy-back window 51\all be available during 9:45 am n the trading days of the Stoel< Exchanges. Buy-back window 51\all be available during 9:45 am the trading days of the Stoel< Exchanges. Buy-back window 51\all be available during 9:45 am trading days of the Stoel< Exchanges. Buy-back window 51\all be available during 9:45 am days of the Stoel< Exchanges. Buy-back window 51\all be available during 9:45 am of the Stoel< Exchanges. Buy-back window 51\all be available during 9:45 am the Stoel< Exchanges. Buy-back window 51\all be available during 9:45 am Stoel< Exchanges. Buy-back window 51\all be available during 9:45 am window 51\all be available during 9:45 am indow 51\all be available during 9:45 am dow 51\all be available during 9:45 am w 51\all be available during 9:45 am 51\all be available during 9:45 am be available during 9:45 am available during 9:45 am 9:45 am am to 3:00 pm oo al normal trading days during the Buy-back period. The Company is under no 3:00 pm oo al normal trading days during the Buy-back period. The Company is under no :00 pm oo al normal trading days during the Buy-back period. The Company is under no 00 pm oo al normal trading days during the Buy-back period. The Company is under no 0 pm oo al normal trading days during the Buy-back period. The Company is under no pm oo al normal trading days during the Buy-back period. The Company is under no oo al normal trading days during the Buy-back period. The Company is under no normal trading days during the Buy-back period. The Company is under no the Buy-back period. The Company is under no period. The Company is under no eriod. The Company is under no riod. The Company is under no od. The Company is under no . The Company is under no The Company is under no is under no under no nder no r no no obllgatloo to to place ·buy' order on a da y basis. ·buy' order on a da y basis. order on a da y basis. a da y basis. da y basis. y basis.

17.10. II tho mBuy-back ay be noted and that a that tuniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s tho mBuy-back ay be noted and that a that tuniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s mBuy-back ay be noted and that a that tuniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s Buy-back ay be noted and that a that tuniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s ay be noted and that a that tuniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s y be noted and that a that tuniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s be noted and that a that tuniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s noted and that a that tuniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s oted and that a that tuniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s ted and that a that tuniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s ed and that a that tuniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s and that a that tuniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s that a that tuniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s that tuniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s uniform same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s same price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s me price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s e price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s price will not will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s will depend oo the price at which tbe paid lo all the sharehhe oldertrado with that s oo the price at which tbe paid lo all the sharehhe oldertrado with that s be paid lo all the sharehhe oldertrado with that s e paid lo all the sharehhe oldertrado with that s paid lo all the sharehhe oldertrado with that s all the sharehhe oldertrado with that s sharehhe oldertrado with that s harehhe oldertrado with that s arehhe oldertrado with that s rehhe oldertrado with that s hhe oldertrado with that s he oldertrado with that s e oldertrado with that s oldertrado with that s trado with that s s I heficial particular sowners pursuant hareholder to heficial particular sowners pursuant hareholder to ficial particular sowners pursuant hareholder to particular sowners pursuant hareholder to owners pursuant hareholder to hareholder to areholder to reholder to holder to older to to I t>eMflcial OYlner was executed on the Stock Exchanges t>eMflcial OYlner was executed on the Stock Exchanges flcial OYlner was executed on the Stock Exchanges lcial OYlner was executed on the Stock Exchanges cial OYlner was executed on the Stock Exchanges ial OYlner was executed on the Stock Exchanges l OYlner was executed on the Stock Exchanges OYlner was executed on the Stock Exchanges executed on the Stock Exchanges on the Stock Exchanges the Stock Exchanges Stock Exchanges ock Exchanges ck Exchanges k Exchanges Exchanges

17.8.

17.11. A.s �the proviso to Regulalioo 40(1) of the SEBI Lproviso to Regulalioo 40(1) of the SEBI Loviso to Regulalioo 40(1) of the SEBI Lviso to Regulalioo 40(1) of the SEBI Liso to Regulalioo 40(1) of the SEBI Lso to Regulalioo 40(1) of the SEBI Lo to Regulalioo 40(1) of the SEBI Lto Regulalioo 40(1) of the SEBI L40(1) of the SEBI Lof the SEBI Lthe SEBI Le SEBI LSEBI L Regulations. e11ecti,•e rrom accept the are Equitv held In Shares the detemndateereral�d form d under the ccept the are Equitv held In Shares the detemndateereral�d form d under the egulations. e11ecti,•e rrom cept the are Equitv held In Shares the detemndateereral�d form d under the ept the are Equitv held In Shares the detemndateereral�d form d under the ulations. e11ecti,•e rrom t the are Equitv held In Shares the detemndateereral�d form d under the the are Equitv held In Shares the detemndateereral�d form d under the are Equitv held In Shares the detemndateereral�d form d under the re Equitv held In Shares the detemndateereral�d form d under the ns. e11ecti,•e rrom s. e11ecti,•e rrom Equitv held In Shares the detemndateereral�d form d under the . e11ecti,•e rrom held In Shares the detemndateereral�d form d under the e11ecti,•e rrom Shares the detemndateereral�d form d under the the detemndateereral�d form d under the he detemndateereral�d form d under the e detemndateereral�d form d under the detemndateereral�d form d under the temndateereral�d form d under the mndateereral�d form d under the ndateereral�d form d under the ateereral�d form d under the Apri iereral�d form d under the pri ireral�d form d under the ri iral�d form d under the ial�d form d under the d under the 01, 2019, under the transfers with Buy-back a depof uonsitsecurities shall leory. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the with Buy-back a depof uonsitsecurities shall leory. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the Buy-back a depof uonsitsecurities shall leory. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the a depof uonsitsecurities shall leory. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the epof uonsitsecurities shall leory. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the pof uonsitsecurities shall leory. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the of uonsitsecurities shall leory. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the uonsitsecurities shall leory. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the onsitsecurities shall leory. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the nsitsecurities shall leory. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the sitsecurities shall leory. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the securities shall leory. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the leory. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the ory. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the ry. such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the . such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the such Equrty In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the In light of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the of the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the f the above not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the not be Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the Shares proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the proare the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the are the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the the Company cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the cessein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the essein demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the in demad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the emad unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the d unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the unless tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the tenashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the nashall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the shall listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the listhe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the isthe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the sthe securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the the securffies ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the ed not form. accept the are Equitv held In Shares the detemndateereral�d form d under the d not form. accept the are Equitv held In Shares the detemndateereral�d form d under the not form. accept the are Equitv held In Shares the detemndateereral�d form d under the form. accept the are Equitv held In Shares the detemndateereral�d form d under the PHYSICAL

ACCORDINGLY, ALL SHAREHOLDERS OF THE COMPANY HOLDING EQUITY SHARES IN FORM AND DESIROUS OF TENDERING THEIR EQUITY FORM AND DESIROUS OF TENDERING THEIR EQUITY TENDERING THEIR EQUITY THEIR EQUITY SHARES IN THE BUY·BACK ARE ADVISED PHYSICAL TO APPROACH THE CllNCERNEO DEPOSITORY PARTICIPAIH TO HAVE THEIR HEIR EIR IR R EQUITY SHARES DEMATERIALISED. IN CASE ANY SHAREHOLDER HAS SUBMlmD EQUITY SHARES IN PHYSICAL THAT THEY CAN PARTICIPATE IN THE BUY· THEY CAN PARTICIPATE IN THE BUY·

FORM FOR DEMATERIAUSATION, SUCH SHAREHOLDERS MUST ENSURE TH1AT THE PROCESS OF OEMATERIALISATION IS COMPLETED WELL IN TIME SO BACK BEFORE THE BUY-BACK CLOSING DATE. OEMATERIALISATION IS COMPLETED WELL IN TIME SO BACK BEFORE THE BUY-BACK CLOSING DATE. BACK BEFORE THE BUY-BACK CLOSING DATE.

17.12. or the Broker of the Company the Broker of the Company Broker of the Company of the Company the Company Company ompany pany any ny

17.13. Subject to the Company purchasing ubject to the Company purchasing bject to the Company purchasing ject to the Company purchasing ct to the Company purchasing to the Company purchasing the Company purchasing Equity Shares for an for an or an r an an amount equivalen1 to the Minimum Buy-back equivalen1 to the Minimum Buy-back to the Minimum Buy-back o the Minimum Buy-back the Minimum Buy-back Minimum Buy-back inimum Buy-back imum Buy-back mum Buy-back um Buy-back Buy-back Equity Size, nothing contained herein Buyany pperm-baclsowShares bought back, sll>lk er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to Size, nothing contained herein Buyany pperm-baclsowShares bought back, sll>lk er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to Buyany pperm-baclsowShares bought back, sll>lk er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to any pperm-baclsowShares bought back, sll>lk er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to perm-baclsowShares bought back, sll>lk er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to m-baclsowShares bought back, sll>lk er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to -baclsowShares bought back, sll>lk er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to baclsowShares bought back, sll>lk er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to lsowShares bought back, sll>lk er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to owShares bought back, sll>lk er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to Shares bought back, sll>lk er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to sll>lk er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to ll>lk er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to k er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to er aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to r aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to aa of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to a of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to of nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to nby y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to by y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to y ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to ttre addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to addltional Equity lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to lawCom. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to Com. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to om. The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to . The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to The panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to panCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to anCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to nCy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to Cy oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to y oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to oor mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to or mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to mpaeven the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to even the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to the shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to shall create any onShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to nShares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to Shares y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to y Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to Bif llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to if llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to llilris under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to is under the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to the d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to he d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to e d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to d Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to Maximum Buy-back to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to or tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to tc-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to c-0nler enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to enrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to nrmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to rmio onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to o onbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to nbliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to bliate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to ate bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to bfiagngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to agngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to gngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to ngatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to gatation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to ation lo any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to any process in y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to y riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to riion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to ion ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to on ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to ght on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to t on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to on the on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to on Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to Size utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to utilise the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to the part has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to has part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to part the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to the relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to relnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to lnot atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to not atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to atioo entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to entire of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to of 1he of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to of 3JtJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to tJ.to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to o n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to n the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to the amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to amount of CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to CroseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to roseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to oseharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to seharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to eharmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to harmacBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to macBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to acBuy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to Buy-back. pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to pany heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to heehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to eehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to ehdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to hdo, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to do, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to o, lder and I or the Maxto the to imhave or Board um impair eldent Buyany to , lder and I or the Maxto the to imhave or Board um impair eldent Buyany to lder and I or the Maxto the to imhave or Board um impair eldent Buyany to der and I or the Maxto the to imhave or Board um impair eldent Buyany to and I or the Maxto the to imhave or Board um impair eldent Buyany to or the Maxto the to imhave or Board um impair eldent Buyany to Maxto the to imhave or Board um impair eldent Buyany to axto the to imhave or Board um impair eldent Buyany to to the to imhave or Board um impair eldent Buyany to to imhave or Board um impair eldent Buyany to imhave or Board um impair eldent Buyany to mhave or Board um impair eldent Buyany to have or Board um impair eldent Buyany to or Board um impair eldent Buyany to Board um impair eldent Buyany to um impair eldent Buyany to impair eldent Buyany to eldent Buyany to Buyany to any to to Mcle Size or buy abuy aa the Maximum Buy-back Shares. hares. res. s. . However, if tne Company is not able Company is not able is not able not able ble le e 10 complete complete

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SABRIMALA INDUSTRI ES INDIA LIMITED CIN: L741 1 0DL1 984PLC01 8467

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Regd. Off.: 906, D-Mall, Netaji Subhash Place, Pitampura, New Delhi-110034
Website: w.sabrimala .co.in I Email: [email protected] I Ph: 011-41514958
STATEMENT OF UNAUDITED STANDALONE AND CONSOLIDATED FINANCIAL
RESULTS FOR THE QUARTER ANO HALF YEAR ENDED 30.09.2023
(In L'lcs)
CONSOLIDATED
Sr. Partleulal' Current Half Corresponding Current Haff Com15ponding
Qua Year Quarter Ended Quarter Year Quarter Ended
Ended Ended in previous year Ended Ended in previous year
30.09.2023 30.09.2023 30.09.2022 31.03.2B23 30.09.2023 30.09.2023 30.09.21) 31.012023
Unaudited Unauditlid Unaudited Audited Unaudited U-naudiled Unaudited Audlted
1 Total income from opera1ions 142.94 19.80
Net Profi1 I (Loss) foe the period
(before Ta�. E�ceptiOnal andlor Extraordinary f.ems) 27.48 0 .84 (26.85) 27.48 l26.85)
3 Nel Proti1 I (LO$S) f()f the penod before tax
(after Excepllonal and/or E.draordinary items#) 13.34 27.48 0 .84 (26.85) 27.48 0.84 (26.85)
Net Profit I (Loss) for the !IOd after tax
(after Exteplional and/or Extraordinary items#) 9.83 20.36 0 .62 (26.69) 9.8.3 20.36 0.62 (26.69)
5 Total Cocnpreheosive Income tor the period
[CompriSlng Profit I (lo5S) for the penod
tax) and Other Compce.hernwe Income 9.83 20.36 0 .62 (26.69) 9.83 20.� 0 .62 (26.69)
6 Equity Share Capital 871.45 871.45 871.45 871 .45 871.45 871.45 871.45 871.45
7 Earnings Per Share (of Rs. 10 /- each)
(foe oonliluing and d'isnmued operations}·
1. Basic: 0.11 0.23 0.1 1 023 -0.31
2. Dffuted: 0.11 0.11 -0.31
1. The above is an ex1ract ol lile uriaudited slandalooe and cidat� financial results fo( the quarter and ha'i year ended 30.09 2023 fiJerj Vtith lhe Stock &changes under
the Regutalion l\'eb511e 33 of Iof the SEBI (Lisliflgand Other Oisdosure Sto� &change{s) i.e 'wiw.bseindia com Reqand uireme�w.cse-india nts) Regdabcom ons. and 2015. The also on fue the finCaomncpiaal nresults y's website i for the .e Quarter YIWlv.sabnmala co.in and half year ended 30.09 2023 are available on
2. This s1a1ement has been rellil!wed by lh!IAudit Committee andapptoved by the Board olOireetors at il�meet.ngMld on No•;ember08, 2023. The statutO!'I' auditor have conducted
a imited r of the above financial resu. For and on behalf of
Sabrimata Industries India Umited
Date: 08 1/2023 Sdl·
Place: New Delhi Suresh Kumar Mlttal (Managlng Director)
5.99
13.34
13.34 13.34 0.84
----- End of picture text -----*

SMARTLINK HOLDINGS LIMITED

CIN: L67100GA1993PLC001341 Registered office: Plot No. L-7, Verna Industrial Estate. Verna, Goa -403 722 Website: w.smarllinkholdings.com

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EXTRACT OF STATEMENT OF CONSOLIDATED UNAUDITED FINANCIAL RESULTS
FOR THE QUARTER AND HALF YEAR ENDED 30™ SEPTEMBER, 2023
(.'{ In Lakhs)
Particulars 3 months 3 months 3 months Half-year Half-year Year
ended ended ended ended ended ended
30.09.2023 30.06.2023 30.09.2022 30.09.2023 30.09.2022 31.03.2023
(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)
Total income from operations (net) 5,181.71 3,841.83 4,680.18 9,023.54 7,541 .04 1 6,305.26
Net Profit [I ] (loss) for the period 123.31 (147.84) 26.96 80.36
(before Tax, Exceptional andfor
Extraordinary items)
Net Profit I (Loss) for the period 123.31 26.96 80.36 2,274.79
{after Exceptional a ndlor
Extraordinary items before tax)
Net Profit I (Loss) after taxes, 82.64 (123.55) (40.91) (7.54) 1,923.94
after extraordinary items
Total Comprehensive income for the period 79.13 (127.07) (10.38) (11 .41) 1,894.57
Equity Share Capita [l ] 199.00 199.50 199.50 199.50 199.50 199.50
Reserves N.A. N.A. N.A. N.A.
(excluding Revaluation Reserve as shown
in Balance Sheet of previous year)
Earnings per share
(before extraordinary items)
{of f 21- each)
Basic and Diluted 0.83 ( 1 .24) (0.02) (0.4 1 ) 0.01
Earnings per share
(alter extraordinary items)
{of '? 21- each)
Basic and Diluted 0.83 c1.24i (0.02) (0.41) 0.01 19.29
Key standalone financial information is given below:
Particulars 3 months 3 months 3 months Half-year Half-year Year
ended ended ended ended ended ended
30.09.2023 30.06.2023 30.09.2022 30.09.2023 30.09.2022 31.03.2023
[(Unaudited) ] [(Unaudited) ] [(Unaudited) (Unaudited) (Unaudited) ] (Audlted)
Income from Operations 32. 3 302.19 222.29 628.82 375.52
Profit I (loss) Before Tax 120.28 91.92 (1 .86) 212.20 (66.23) 2.11 2.54
Profit I (loss) After Tax 87.1 5 65.66 37.19 1 52.81 (35.92) 1,774.08
Total Comprehensive income for the period 88.01 66.52 36.63 1 54.53 1 .777.53
Note : The above is an extract of tile detailed format of Quarterly Financial Results filed with Stock Exchanges under
Regulation 33 of SEBI (Listing and Other Disclosure Requirements) Regulations, 2015. The full format of the Quarterly Financial
Results are available on the Stock Exchange websites.
NSE: https://nsearchives.nseindia.com/corporate/SmarllinkFinancialResultsSepl2023_08112023140302.pdf
BSE: h ttps:/lwww.bseindia.com/xm I-data/corp fl ling/Attachlivelf edd31a6-bf3e-47 ea-Sa Ob· a 730e81 f848a. pdf
(37.04)
954.49
(47.94)
(24.53)
(8.45)
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For and on behalf of the Board

K. R. Naik Place : Mumbai Executive Chairman Date : 8'h November, 2023 DI N: 0000201 3

NAGPUR MUNICIPAL CORPORATION G E-TENDER NOTICE TATA Commissioner NMC invites e-tenders for the following work. These TATA POWER e-tenders can be downloaded by the bidder on the a-tendering portal TliE TATA POWER COMPANY LIMITED (www.mahatenders.gov.in). The terms and oondttions of e-tenders are Registered Office: Bombay House, 24, Hom I Mody Streel, Mumbai 400 001. available on e-tender portal (www.mahatenders.gov.in). The sale and Tek 91 22 6665 8282 Fax: 91 226665 8801 CIN: L28920r�H1919PLC000567 Email: [email protected] Website: www.tatapower.com purchase of e-tenders can be done through internet. Oe11elopmenl of Vertical Garden nalla culvert side at various main NOTICE OF RECORD DATE road in Nagpur City with Two Year Maintenance. Project Cost : Rs. NOTICE is hereby given pursuant to Section 91 of the Companies AcL 2013 that 3,27,75,8751- EMO : Rs. 1 ,63,900/[-] , Time Period : 10 Months, Cost of Thursday, Oecember 7, 2023 has been fixed as the Record Date for the purpose Blank Tender Form : Rs. 2000 + 360 (GST) = 23601·, Pre-Bid Meeting : of payment of annual interest lo the holders ol 7.75% (Series I and Series II) 17.11.2023 �at 4.30 pm) CE Oce NMC, 5th Floor. Civil Lines. Nagpur, Unsecured, Redeemable, Rated, Listed, Taxable, Non·Convertible Secunties in the form of Non-Convertible Debentures bearing ISIN INE245A08257 and Tender Sales & Submission End Date: 24Nov. 2023(15.00 pm.), Tender INE245A08265 respectively due on December29. 2023. Opening Date (If possible) : 2.8 Nov. 2023 (16.00 pm.). For The Tata Power Company limned Advt No : 643/PR, Garden Superintendent Pia.ca: Mumbai H. M. Mistry Dt : 0811112023 NMC, Nagpur. Oated: November 8, 2023 Company Secretary

LOVABLE LINGERIE LIMITED

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CIN: L17110MH1987PLC044835
L<Dvable A I A V L I G �T L- V LOVELY Register�d Office: A-46, Road No.2, MIDC, Andheri (East), MIDC,
Mumbai - 400 093.Website: www.lovableindia.in, Email: [email protected]
EXTRACT OF STANDALONE UNAUDITED FINANCIAL RESULTS
FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER, 2023
{�in lakhs)
Curre� H11f Prewlous
Qua Ended [Quarter Elided ] [Quarter ][Elliled ] Ended Half Elliltd Edejl
Particulars l0.09.2023 30.06.2023 30.09.2022 30.09.2023 30.09.2022 31.03.2023
(un1udltedl (unaudited) (un1udltedl (unaudited) (un1uditldl (Audited)
1 Total income from operations (net) 1,909.68 3 , 138.62 2,795.84 5,048.29 6,458.03 10, 132.80
Net ProfiU Loss for the period 299.55 534.84 207.413 834.37
(before Tax , Exceptional andlor Extraordinary items)
3 Net Profit I Lo for the period before Tax 299.95 534.84 207.48 834.37 776.73 (3.35)
{after Exceptional and/or Extraordinary items)
4 Net ProfiU Loss for lhe period arter Tax 392.53 452.92 1 73.89 845.43 590.40 (7. 18)
(after Exceptional andfor Extraordinary items)
5 Total Comprehensive tnoome for the period 392.53 452.92 173.89 845.43 590.40 9.43
6 Equity Share Capital (FV of Rs.10/- each) 1,480.00 1,480.00 1,480.00 1,480.00 1 ,480.00 1 ,480.00
7 Eamings Per Share (of Rs. 10/· each)
(for continu ing and discontinued operations)
Basic & Diluted 2.65 3.06 1 .17 (0.05)
(3.35)
5.71 3.99
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Note: a) Note: a) The above is an extract of the detailed format of Unaudited Financial Results as on 30th September, 2023 under RE)9ulation 33 of lhe SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015. The full format of the Quarterly and Annual Financial Results is available on the Stoel< Exchange websites at w .bselndla.com and w .nseindia.com and Company's websitew.lovabfeindla.ln By order of the Board For Lovable lingerie Limited Sdl· L Vinay Roddy Plaoo : Mumbai Chairman & Managing Director Date : November 08,2023 (DIN: 00202619)

Gujarat Alkalies and Chemicals Limited (An ISO Certified Company) (Promoted by Govt. of Gujarat) Regd. Office: P.O. Ranoli - 391 350, Dist. Vadodara (Gujarat) I NDIA. CIN : l24110GJ1973PLC002247 IE Mail : [email protected] In. [email protected] 1n I Website v1.�c1.eom EXTRACT OF UNAUDITED STANDALONE AND CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED 30T" SEPTEMBER, 2023

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Six Months
Sr.No. Particulm
30lo9/2022 JOl11912D23 30J0912022 31103120 3
[tUnaudi][d ] (Alldlted� (Alrted)
[1) (10) (111 112)
Talal Income from 97.130 2,25.559 4,51,650 97.130 1.12,726 1,88 411 2.25559 4,51,650
Net Prolit tor the before Ta( 1,025 18,567 52,193 86, 119 11,842 42,348 69,511
Net Profit for the after Tax 1,033 34.986 57,570 25.141
Total Comprehensive Income foe the penod [Comprsng 2,046 31,348 8.605 36,395 (824) 24,623 3,366 26,560 31,336
profit for the pertod (alter !ale) and Other Comprehensive
Income
5 Share �al1.1e shale 7,344 7,344 7,3 7,344
Reserves (excluding Reva.'uation Reserve) as shcJy,n in I . . 6,23,702 . . . 6,06,578
7 Ear g Per Equity Sha.re (of Rs. 101- each): {Bfoe
01her
Basic (in Rs.� 17.40 (3.15) 78.39 12.50) (10.28) 34.23 55.78
b) [)�uted (in Rs J 1.41 (3.15) 47 64 (2.50) 624 (10.28) 34,23 55 78
1 The abofinancial results have been prepared In accordance 'llh the Indian Aroi1.1nlln9 Standards (tfld ASI sp d under Section 133 of the Companies Ac\, 2013 read
\Ylth relevant rules.
2 The above results ha�e b relliewed by the Audi Commi of OS-eclors and a by the Board of Directors ol the Company at their mee1ings held on a• November,
2023
3 The FmnaalResdts for the quarter and six months ended 30' September, 2023 has been reviewed by the Sta1utoryAuditcls of the Company.
4 Other lncomeinckldes: jRs- in L>�hs)
Sr.
[\ln1udllfd
1 C>ividend Income 4 102.24 245.(}2 1,733.07 1,733.07 1.880.40
2 Interest on t1e Tax refund 1,250.31 - 1.250 l1 - 60.10
3 Insurance cla.im 1.057.92 1,057.92
5 Cyclone BIPARJOY hit 1he ooas.tsol Gujarat in May-23. which has adv ly affec:ledwidfans of the Company. The assessment of damage/loss tolhe assets is undergoing
and W!ll be knc1rn 1n� oourse ol time. The assets ol thewmafarms are adequelely insured
The Companysoperations fall unders segment namely'Chemicals" as per lndAS • 108 ·s�en1 Repor1ing".
The Board oi Directors of lhe Company dedared OMdend of Rs.23.55 per share on 7,34,36,928 Equity Shares ol Rs. IOI· each, am nting t{) Rs.17,294.4-0 lakhs for the
financial yearen 31' March 2023311d the same were approved by the Sharehoklersal lheAn GelMeeling held on 26• September, 2W3.
Copligures of the previOusperi«ll year have bean regrand r to mah them comparable, wherever neceary.
9 [TheConsdidaledFinancialResul1SindudesreSU][of60%equityJointVen1urecompany-GACL·NALCOAlkalies&ChemlcalsPvLLtd. ]
10 The Obligabove lsan extr� of tl'le alions and Disclosure RequiromenlS) formal o( Q1.1arte�yand Regulations, 201Half 5. The � foema1 of Yea Ur1audlted the FinUnau Re5¢ts dited Financial ResuJIS filed " ltie St�li lor E.xlhe second quarter changes uMer Regu!aband six months 33of ltleSEal ended on
September. 2023 are available on the Stock websrte www.bsenda.cum& W.nseindia.tomand Company's vreb5ite \Wow,gacl.com By Order of the B atd
Se·
Swarp P. IAS
Place : Vadodara Mam1ging DireciOf
Date : 8" November, 2023 cnvt oom
7,344
47.64
� Balance Sh t o(
7,344 7,344 7.344
47,944
78.39
7,344
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ftnanc · • ep in •• . ...

��  I I

PUBLIC ANNOUNCEMENT

Atul Liinited

FOR THE ATTENTION OF EQUITY SHAREHOLDERS I BENEFICIAL OWNERS OF EQUITY SHARES OF ATUL LIMITED ("COMPANY") FOR BUY-BACK OF EQUITY SHARES FOR AN AMOUNT NOT EXCEEDING f 50,00,00,000/- (RUPEES FIFTY CRORES ONLY) FROM THE OPEN MARKET THROUGH STOCK EXCHANGE MECHANISM AS PRESCRIBED UNDER THE SECURITIES AND EXCHANGE BOARD OF INDIA (BUY-BACK OF SECURITIES) REGULATIONS, 2018, AS AMENDED.

Corporate identity number (CIN): L99999GJ1975PLC002859

Registered office: Atul House, GI Patel Marg, Ahmedabad 380 014, Gujarat, India

Phone: ( +91 79) 26461294 I 26463706 I E-mail: [email protected] I Website: www.atul.co.in Contact person: Lalit Patni, Company Secretary and Chief Compliance Ocer

�••me inter-se transac/lon from Mr Saumya lalbhal lo Mr Samveg la tal was glfl and hence consideration

This PubicAnnouncement(the"Publc Announcement")Isbeinmade In relaton lo teBuy-bak(as
d
tl lnal1er)ofEquityShares(adefiheenafter) oflCompay fromtheopnmarketthroug
stockechange mechanim, Inaccordane Ytheprons otheReguaton 16(iv)(b) andotherappllcal>le
povisions oftheSeuritsandExchane Board ollnda(Buy-BackofSecures)Regulaons,2018.aamend
("Buy-b-ck Regulation")acntains!iediscosuresas sp d inScedulIVreadv Schulefo the
Buy·back�ulations.
Cetainf9urescoined in this PublicAnnounment, icluding fnancial informaon, have been subi
torouncng,ottadjustmentand presenteinwhlenumbers. Incer instances,(i}1sumorperc entage,
changeofsch ombs may notconformecUyt1totafigur giYen; (ii)tsumoftenumbersin a
columor rowincertain tbmay not conlom ex tottotal figuregivenlotatclumn0row.Further.
certain numrical informatio In tisPub�cAnoounement hasbenpe
In·crore".Onecrorerepresents
1,00,00,000.
'Working Days" meansanywooondayof the SecunaExchaneBoardo1 lndla.
OFFER FOR BUY-BACK OFEQUITYSHARES OF ATUL LIMITED FROM THE OPENMARKET THROUGHSTOCK
ECHANGEMECHANISM
PART A-DISCLOSUREINACCORDANCEWITH SCHEDULE I OFTHE BUY·BACKREGULATIONS
1.
DETAILS OF THEBUY-BACKOF'FERANOOFFlRPRICE
1.1.
TheBoardofDircts of Atul Limited(hreinafterreferre loasthe"Board"),at itsme(iingheldo
November07.2023("BoardMeeting") has.puruant 10thepvisionsof �le 61 oftheArticlof
Associatono ftCompanyatheprovisins ofSetion68,69 ,70andalloterapplicaleprovisios
of teCompaniesAc�2013(�Act")and appliable rules made thereunder andIcopl1ce' t
SecuritiesandExcnane Board ofIndia (Buy-Back orSecurities)Reulations, 2018. as amended ("Buy·
backRegulations")andlhe Securites andEchnge BoardofIndia{lis tingOblationsaDiclo
Requirements) Reulations, 2015, as aended ('"ListingRegulatons") Qnctudin. statuor
amendmnts, moificationsor 1e·enactents trom tietotme)and subject tosuchother approval,
p1issions,cosents. exptiosad sctiosasmaybe necessary,appro1dtheBuy-backoflully
paidupequityshareshavinface valtr of �10/- each("EquityShares")bytheCompanyfromop11
marketthfoughstocexchange{i.e.through Natioal Stock Exchange of India Limited ["NSE"l andBSE
limited("BSE"),toeter"S1ock Exchanges"}prescribedunr 1Buy-b RegulationsateAct.
loran aggregat amount not exceedint0,00.00.00- (Rupeeflhycroresoly) ("Maximum Buy-back
Slze")edingtrasaction cots\,brokerag, a!lsors'fe,lnterlaltees, public announc nt
pubtcalion fees. fling fees,tmovecharges, applicab taxes suchaston distributed inom on buy
back, sur1ansactiotax,g dsandservice tax, incometax,stamp dutyandother inciental and
reexpenses,e.(�TransactonCost")aapricenexceei1�.50·(Rupees seven thusan
five hundred only) per Equity Share ("Maximum Buy-back Pric'")payabincashwhihreresents1.20%
ad1.19%ofttotalpaid-upequi1ysharecapaland freereerves Qncluinsecuritiespemiumaccount)
aperlho auited Stncon Fancial Statemntsand audi1ed ColidatdFinancial Statement f(the
financialyear endedonMarch 31,2023.respectel frmtequityshareholersIbenefcialownersof
teEquitShares of theCompanyoter tthepomters, members ofproiooter group andpersonsI
cntrol oluie Copany("Buy-back").
1.2.Subt tothe market price oftEquityShslequaltt11eMaBuy.tad<Price,the llcawe
maumnumbr olEqShes bht back would be66,666(sixty six thousasixhundrd sixtysio)
EquityShares("MaximumBuy-back Shues"},representingaate0.23%whchile than25% o1the
lotal paid·up equitySecapitalotheCompany asof March31,2023.11 theEqu�ySharesabughtbak at a
pricebewlhe MaimumBuy·backPrce, tnumberoEShares boubacou eceetMalmum
Buy,bac Shres,blwill awasbesub[ect totMaimumBuy-back Size i.e.. {0,00,0,000/-(Rupesfifty
crreo). TCov cmplywittherequirementofmaintaining aminimumpubcshareholngof
aleast25%ofthetopaid-equitysec oftCompanyas provided undr Reulatn 38ofIha
LstingRegulatonsduringtBuy-bkprdan upncolelionthereof.
1.3.Unlessotherwiepermittedunderapplicablel,teCompanyshallutiliseatlast 75%oftheMaimum
Buy-lackS12eLe.�37,50,00,000- (Rups thirtyseven croresfifty laksonlY("MinimumBuy-back
St")towardstBuy-backand accrdingy, based o tMamumBuy-back Price an Minmum Buy
backSize. theCompnyv11llpurchasean indicative minimm numer of 50.0 (rftytousand only) Eqity
Shares.Further, atleast40%ortheMaximmBuy·tkSizei.e.?20,0,0,0 /·(Rupeestcrores
only), shabe utlised within the inithalfote66(six1y·six) Wor!ng DaysfrmtedateotheQnin9
of tBuy-back.
1.4.
TheBuy-ackwill bimlementdby theCompanyf ilree reserves(includingsecur preium
acoun1)andIor such other sorces aspermittedin acordance with Section Ga(l) of the Actand
Regulton4(iv)(b)(ii) andRegulatn5((b)rad V
Regulation4(ix) and Regultn 16 oftBuy-back
Regulns,froteopenmarket trough thestckexhange meclanismusingt eloni ting
facilityprovedbte StockEchagesandby using t ordermatcllingmechasm e'allonon·
ordematchingprinipas provided under NSE circulat bearing reference no. 361023withdownlad referece\
n.NSECMTR56034datedMarch17.2023,andsuchother circulas IssubyteSSElrotie to\
time\StockEchange Cirlars"). further. asrequiredundert Act andlBuy·backReulations,the\
Companyshallno1purchaseEquity Shareslatarelock-inor non-tansferabl, inthe Buy-back, until the\
pendeny oftelck-in oruntl theEquity Shares lme tansferable.asapplible.Therearenopartly\
paid-upEquity Shares with cal inarrsoftCompanyextthefOffeited shares.\
1.5. TheBoard (orteBuy·bae Commconstitute by the Board and empowered lo exerciseipowersin\
relatontotheBuy-back). shlldterminatIts soldiscreton.the teframfor comploto oflBuy\
backandmyclosetheBuy-back (whchshaltnot b lterlperidamybpenmitledundtheAct\
anIorBuy-bekReg11lation or as maybe directed bytheappropriateauthorites) after the MinimumBuy\
back Sizehbeenreach and Irrespe ofwteMaximum Buy-backSizehasorhasnotbeen\
reahed.alter gg aproMat nole for such closure and ocomletinganrormalltesIntregard,in\
acordancew 1 iandIor !e 6uy-back Reulans.\
1.6.TheBoardol Dlfectors Inits meetin hdonNoemer07,Z2,hasfixe trecorddate asMonday,\
November20,2023.Inaccordancewllh Re9ulatio 17(i) ofteBuy-baek Reulations,I Buy-bakofe\
shopen notlaterthan4(low)WorkngOays fromlhe dateoftherrdateand!hall close within 66\
(six1y·six) WogDays frmthedateofteopening oftheBuy-bk("MaximumBuy-bak Period").\
1.7.The Buy-back frnoe!>identmembers, OverseasCorporteBods("cCBs"),ForeignPortfolio
Investors("FPls"},and mbersofforeign naUonali1.iany,an other applicable categories, shall be
sUbjecttosuchapprovalsamy bereqired inudingappovals fromthe Reserve Bank ofIndiaunder th
ForeignExchgeManagmentA199andthe rUls, reglaosframedtereune iany,and sucl1
approvas shallbereqiredtbetkenby suchnoo-edentmembers.
1.8. AcoyofthiPublcAnnouncent will be a bleonthewebsitesof teCopaJI(www.atul.co.in)and
is edto beableonthewebsiteoftheSEBI(www.sebl.gov.in).websit oftStockExchanes
(vlw.nsend.comanwww.bseind.cm)andtewebsite ofManagtt teOffe (www.vro.net).
2.
NECESSITY OF THE BUY-BACK
2.1. TheBuy•backibeigundtken by tCompanytreturnsurpls fundsttheeuity sharehOlders oftM
Company additionally the Company believes thattheBuy-backwill improve earings per shareb rclio
inteeuitybase,terebyleadingtoalog-temincrease inthe value olshareoldes.
3.
MAXIMUMAMOUNT REQUIREDUNDER THE BUY-BACK ANOITSPERCENTAGE OF THE TOTAL PAID-UP
CAPITALAOFREE RESERVES
3.1-
3.2.
3.3.
4.
4.1.
4.2.
4.3.
5.
The mamum amount of funds requiredForthe Buy-backwilla
eaeuplo?50,00,0C,OO·(Rupees
fcrresol).TheMaxumBuy-back Sie represents1.20%and1.19%ofteaggregateoft
paid-upequityshaecaptalan frereserv{includinsecurities premum accont) as perte auded
Stndalo Finanial Smandaudited Consolidated Financial Sttements fortfinancialyendd
onMach31. 2023,resp(bngth lstavailaeaudied StanaloneandConsolidd Anancl
Stement oftl1eCompany).Since the Maximum Buy·back Size Is not mrethanHJ%of tetpald·up
equity share capitalandfree reerves (includl g secur prium account} ol theCopany, the approval
or sharholders orI Comanyis notreuireIn tersotSection68(2)(b)oltheAct andReulation5(1)
(b}oltBuy-backRegulation.
TheMaximm Buy-bck Siedos not inludaeses or lanoncsincurredortbe
incurredfortheBuy-back,suchas fling feespayaletSEBI,brokerage cost, 1iing tees,advisorylees,
lntemediar'fees.Pfblic announcement publlcatn expenses. pintinanddispatch e1enses, applicable
taxessuchasBu�-ackt,secur transacton tax.gods and sel'ce tax.stduty etc. and otr
incidetalandrelatedexpenses.
Thefunds lor the implementaon oftprosedBuy•back w besorcedout ofthelree reserves ofthe
Comanyorsuchothersou�sasmybe penmitte by leBuy-bakRegulatonorthe.t Brw
fundslobanksand fancial isons, if any. will not busedforthe Buy-back.
MAXIMUM NUMBER OF EQUITY SHARES THAT THE COMPANY PROPOSES TO BUY-BACK
Subject lo temarkelpiceotEqui!yShares bengequallotheMaximumBuy-back Price, the indicative
maum number 01EquitySharesbouhtbackwillbe66. 666(Siystousandsihundredsix1ysix
only) EquityShares("Madmum Buy-back Shares"), repre g 0.23%wtlich isless ta25%oftho
tpaid-Jpeuityshare capital ofteCompanyasor Marcil31,2023.If theEquitySharesarebought
back at aprice below the Maxmum Buy,back Price, te number ofE�uitySharesbought back cane
te Maxmum Buy-back Prie.thenmbeo EquitShasbooghtbackcexceed te Mamum Buy·
back Shares,butalways besubjectto the Maximum Buy-backSize I.e .. �50,00,00,0 I- (Rupees f1lty
core only).
Unless otherwise peridunoerappliclelw,theCompanysnail utilise atitst75"oftMaimum
Buy-backSie I.a..t7.5,0,0
· (Rupeestlirtysvencroresfftlakonly)\MinimumBuy·back
Siz")towards the Buy-back and accordingl, based ontheMinimumBuy·back Size,tCompany wil
purchaseanIndicative minimm numrofSO.OO(ftthousandony)EqityShates("MinimumBuy
backShares").
The Company shall utlise 40%oftMaximm 6uy·backSizei.e., f20,00,0c,000·(Rpees t crores
only)witin tinitialhofte6(sii·six)Worling Oaysfromtedaeo topeningof the Buy-back_
MAXIMUMBUY-ACKPRICE ANO BASIS OFARRIVINGAT THE BUY-BACK PRICE
S.1.TheM3mumBuy-back Priceisf?,50(·(Rupes se thousand live hundred only) perEquityShare.
The Maimum Buy·back Prehas beenarrived at afterconsidingvarics factors, inclding btnotlim
l,the tdsinvolume-weighted a marketprices of theEquy Shares oftheCom?on Stock
Eanges during 3(three)mnths preceding tedateoftheBoardMeetng,closing mrketprionthe
daybeforetheBoardMeeting.prie oamlng ratoand te palipacton1nev1orthanearnins
per share of theCompa
5.2.
TheMaxmum Buy-backPriceo\7,500/·(Rupeessevethousandhhundredonly)pEquityShare
represenl:
5.2.1. apremiumof9.27%overtvolumeweighedaverage market price oftheEqity Shres oNSE(thestock
exchane where the maximuvolumeofting ilEquitShareIrcorde)l03 (thr�)moths
precedmgtdateol teBordMeetngwhihwas�6,863. 75(Rup sixthousndeight hndred siy
th an selive paise}:
5.2.:.apremiumof 18.57overthevolum·weightdaverage marktpnceoftheEquityShesonNSE(the
stk excl1an w11ere the maximumvolume of radlng 1n!e fq1 tyShares is recorded) lor2(wo}weeks
preced1g the date ortheBoard Meeting Which was�6.325.53(Rupeessix thousand thre hndretenty
landsiytreepaise);a
5.2.3.Theclsinmarketprice o teEquitYShres asoftdaybforetheBoard Meetngwas�6.708.70
(Rupeessix thousand sevhundreeigtandsepaise}onNSEand�.701.25(peesstusad
seven hundred one and tenrpaise} on BSE.
5.3.
TheBuy-backis proposedtobcompltdw�hintheMaxmumBuy-backPerd.SubjectttheMaximum
Buy·backPe ofH,50- (Rupeesseve thousandfive hunredo1y)pEquit Share, the Maxmum
Buy-backPeriod,aachivemntofteMinimum Buy-back Size, theactuatmeframe an theprice
forteBuy-back will bedtrmineby tBoatdorte Buy-ackCommittee or teirdlyautried
representives,atheirdiscre1lo, inacc0tdance withthe Buy-backRegulation.
S.4.InaccordceYllSection 68(2)(d)oft AcandRegulatn4{ji)oftheBuy-back Regutns, the ri o
w�reahere.co4 • of theaggregate ofseuredandunecured dbowedby tCom? altrtheBuy-tack sh olb
mrethan Micelpaid-upcapiafreereseMs baedonbthaudteSt an daloneaConlidt
Financial Statement. whichever setoutaIwamountofme Comp
5.5.TheanmbofEquicS.hares bought back drintheBuy·backwind nd uPntactualprice.
excluding theTransactionCosrs.pailtheEquityShares b0hl backand the agregateconsiion
paidi theBuy-back,subject lo the Maimum Buy-backSiz.The actual r!ucton inte egnumber
ot EquityShareswouldependupo 1priceatwhichthe Equily Shares oftheCompany are traded at t
Stok Ehges as well as te tlnumber ofEqitySharesboghtbackbythe Copany!mtheopn
mkthroughtStkEchangesduringtBuy·backperiod.
5.6.
Shehoers areadvised tttBuy·backof1EqitySharewiPbecrriotrouhte Stock
Echangesby1Company,inaccordancewih 1SEBIcircular dateMarch08,2023, Opational
Guidance-AmendmnttotheSecurities and Exchange Board ofIndia(Buy-backofSeurilies)Rulalons,
201sand as povideunderStokExchane Circularsandatsucpice i itsoledscrelio,wflichmay b
beow1Maxmum Buy·back Pricof�7.50f·(ujMesseven tousand five hundred only)EquityShae.
6.
COMPLIANCEWITHREGULATIONS4 ANO5OFTHE BUBACKRGULATIONS
Intemsofl prtsnofRegulatn4()andRegulaon 5(i(b) orte Buy-back Reglations, teotter
fBuy-bkthrough the open marktroute co bmadefo10%ormorof ttotalpaid-up equity
capltaland lroereservesoftheCompany,based otelowerofStandaloneor Consolidad Fnancial
Statement oftheCopany.
A ptlatst audited Balane SheetoflheCom?aofMarch31.2023,t tpaid-upequity
capital andfreereseresareaIOows:
(� mCrore)
Prlars
Saml••
Cde
Totaloaid-uo""UitcanalCAI
29.51
29.5t
Total treereserves1
4.123.01
4,173.68
Totaloaid-uoeuitvcapiandfree reservesIC•A+Bl
4.152.52
4.203.19
Maximum amountpermissibletowards 6U·back
of eui1Ysharesin
accordance wtheprovisolo Sn6(2)(b)01theCompanies Act,:W13
rad with provisoto Reglatn 4(1 andS(i)()oftheBuy-back Reglatons
(10 %o1pd-upeuiiy capital and freereser�es,baedonthe Stncone or
415.25
Consoliate Finaneial StatementoftCompany,vichever sets outalower
amunt.)
Basedon tabove,the Maximum Buy·b�ckSie1.e.. '50,00,00,0
-(sffty crores(}1snmre
than1aoftaggrega totpai-upcapitalafre reservesol tCo,baseon t San o
CodatedFinanciaStatmenotheCompany,whichever selsoa lweran
7.
METHOD TO BE ADOPTED FORBUY-BACKASREFERRED TOIN REGULATION 4(1V)
In tenmsorReglatio40(1)ortheSEBILgRegul atns,except incoftransmissin or tansposition
ofseur, reuestsfor effectig tra1ferolsecuritessnanno1beprocessed ltllessthesecuritiesheld
idatelalsedfromwitha depositoy.Accodinly.I Buy-backis open to b
fcialownersholing
Equity Shares In demateriallsed fotm
atShares").Tpromterpromotergroup, and theperso
icontrol oft eCopanyshallntppateInteBuy-bak.Further.as reqiredunder tleBuy-back
�ulaUons.the CopanywillnotBuy-backEquityShareswtlcharelcked-Inornon-tansfera�. unl
te penency ofsuchlock-In oruntilte tme such EquiSharesbecome tansferable. as aplicable.
Inreltion tothBuy-back01DemarShare.theexecutio oftheorder,i uance of contratnoteand
rooeipt of paymentv1ouldbe carried out bythebrokr.appoin bytheCompin accornce w te
reuireentsote Stock Exchange ante SEBI.
8.
DETAILS OFSHAREHOLDING OF THEPROMOTRS AOPROMOTERGROUPAOOTHERDETAILS
B.1.
Detls oftheaggregatshareholdingolhepromors, membrsofthe promtergroup,drectors oft
promrsandmbersof the promotergrop (where lhe promoter or the membeJ of te prootergroup
isacompany)of theCompanyaofthedateolthe Board Meengisas bv:
S.
Nmeofsllare-older
N. ofE1
%ofd pldp
N.
Sham leld
s1 ieca
01
AaaamHOdinosPatLimited
66,54100
22.55
02Arvind Farms Private Limited
27 96.208
g47
03AaaamAnciesP(ivateLimited
11.95.000
4.05
04
Aavoi�nResOUces Private Limited
6,15,460
:.09
05AkshltaHoldlnasPrivatelimited
4,64,40
1.57
06
Adhinami Investments Private Limited
4.55.350
1.54
07AnusandhanInvestmentsLimited
2,35,0 0
0.80
08
Samveobl1alArvndbhalLalbha
2.07.8t4
0.70
09
Samvegbhai Arvindbhai(Onbhalf ofSamvegbhalArvindbhai
LalbhaiHUFl
114.943
0.39
10
Sun�SiddharthLalbhai
93.326
0.32
11
SaumvaSamveobhaiLalbtii
74070
0.25
12
Swalis Lalbhal
63.450
0.21
13Taral S Lalbhai
51,591
0.17
14
SamveobhaiArVindbhaiL.lbhaifOnbehalf ofATrusn
50.000
0. 1 7
15
SamveobhaiArvndbhai LatbhalfOnbehalfotAaltTrustl
50,000
0.17
16AnamikabenSamveoh.bhaiLalbhai
47,19
0.16
17Swat! SldharthLbhafObehalf of Slddhatl FamiTrustl
35.620
0.12
18
Sunil Siddharth LalbhalIOnOOhalfolSun�SJddharthHUF)
31,544
0.11
19Vimlaben S Lalbal
25.750
0.09
20
AsthaLalbhai
20.500
0.07
2t
Nisha Sunilbhaf Lalbhai
5, 50
0.02
22
Sanjaybhai Shrenikbhai lalbhai (Onbehalf of Arvindbhai
LalbhaiFamilv Trusfl
3,653
0.01
23
Sun�Slddharth Lalbhal (OnthallofVimlaS1ddhart Famil
Trust)
2.72•
0.01
24SwatSidhartLa'bhai(Obehalfof Sunll Lalbhal
Em Trustll
2,000
0.01
25
LalbhaiOaloatbhaiHUF
1.169
f'>lialble
25HansabenNirn1nbna
562
ftMllOlb1e
27
Sheth Narotbhai Lalbal
495
rt�lioibte
Totalshareboldlna
1,32,97,428
45.06
• o207,814 s SvA
holds5437s as t ofMannif Trust
(PAf AAArM1426G)
8.2. TheaggregateSharehOldingofdirectorsofcrpratepromotrandpromotergrupof theCompany(o
than those included abve) as of thedate oftBoardM�ting:
S.
Himeosllareltolder
N. OfEui
% O diepld-up
N.
Sharesheld
1uisharecan
1
GhanshvamRanchlloddas Parekh
0
0.00
2
ArvindbhaiOhirubhai flel
0
0.00
Totalshareholding
a
0.00
8.3.
Except as disclsed below, noEquityShaes ( oterspclfiedscurits intheCom?were either
purchased or sold bytheptsonsmentionedinparagrapll8.1an8.2aboveduringa priod of12 (twelve)
montsprecedngthedateolthisPubicAnnuncement{.e..November 09,:23):
Name DI
Agrega no.
Nare O
Mumum
Date ol
Miimnn
Oate ol
shareholder
oEquiShaes
lr1saclio
pri I•
maximum
pce(')•
minimum
nurchaud Isod
nrice
nce
Ms.TralS.Lalbhai
10
Market
8,139.0
Nivember
8,010.00
November
ourchase
22.2022
22.2022
MrS Labal
200
Dispoby
NII'
December
Nii•
December
wavofoill
22,2022
22.2022
AiTrust
100
Acquisition by
Nil'
December
Ni!•
December
vravofoi
22.2022
22.2022
A Trust
100
Acqlsilionby
Nil•
December
Nil•
December
wavofo
22.2022
222022
MrSave Labhal
9.8
Oispos. by
NI'
December
Nii•
December
wavolaift
29. 2c22
29.2022
Alvail Trust
49,90
Acqision by
Nil"
December
Nil'
December
wavofaill
29.2022
29,2022
ATrust
49,00
Acqisitionby
�ii�
December
Nil•
December
vravofo
29,2022
29, 2022
Mrs'ila
Siddharlbhai (on
4,S12
Oispsal-o
NII"February 23,
NII,.
February 23,
bealfofVimla
marleltansler
2023
2023
Si<dharlh Trsll
Acquiition
February 23,
February 23,
MrSunn Llbhl
1,554
-off marlet
ffi11A
2023
Nil,.
2023
transfer
Aqution
February 23,
February23,
MsSwa Lalbhai
1,54
-offmat
Nii••
Nil"
transfer
2023
2023
Aqur
February 23,
February 23,
MsTara! s Lalbhal
1.554
-o mat
Nii••
Nil..
tansfer
2023
2023
Ms SwauLalbha
1,554
Maret sal
7,036.00
March2 7,
6,904.10
March 27,
2023
2023
MrSunilSt t
lhai(onbehalf
1,554
Markt
7,036.0
March27.
6,904.10
March27.
of Vlmla Slddharth
purchase
2023
2023
Famit Trust)
Mr Saumya Lalbhal
1,0,0
Dispos by
NII.. •
March 31,
NIJU•
March31,
wav01oilt
2023
2023
MrSaLalbai
1.0,oc
Acqision by
Nil•IA
March 31,
Nil'"
March 31,
1lft
2023
2023
Hansa Nianjanbhai
Disposal
(Or bhalfof
5.437
byway of
�lil'""
Apri 05,
Nil.. .,
.olos.
Manlni Niranjan
transmi ion
2023
2023
Trust
Samveghai
Atvin®hai Lalbhal
Aquiition
An05.
Aril05,
(Obehalfof
5.47
by wayof
Nll•u•
NII....
Maninl NJranjan
Tsmisn
203
2023
Tr ust
This pindictesthepcat w the tadewaeecued,ex oftaes and tanon charges.
'The inter-setrasactionfroMr Seg l to Mwail Trost anr Ankush T ws gift andhc
costiows oi in
.
"Tiite-se tto from Mrs Va S(o behaf of Va SrtT toM &Lafhal
MsSWa1iLalha1ar Ms T SLafhaiwasristributonon dof a tlst andhnceconsidera/ was
noi11v.
.•
.
• �••minter-se tc/ fr MrSaumya lalbhalloMrSmvg latalwas gll andhee ci
w 01ir.
"''"T ittransactionfo HnNirananbhai(On b ofManiiN Trust)tMrSvbai
ArvidbhaiLalhai( bofManiniN Twas{ahence conw n
involver
8.4.
Ecpasdiclosedinparagraph8.3,noEquitySharesorotherspcted secritiesitheCom?were
eprl°so by tho pesonmentonedinparagaphs8.1and8.2abve during aprioof6
(six)months precedingte date of1 BordMeetin.
9.
INTENTIONOF THE PROMOTERSANOPROMOTRGROUP ANO PERSONSIN CONTROL OF THE
COMPANYroOFFERTHEIR EQUITY SHARES IN THE BUY-BACK
9.1. Inacc°dance vReulaon16(i)of teBuy-bakReolatios,sine the Buy-back 1sbingimplemented
by way ot opnmarketthrough the StokExchanges,the Buy-back shallnot bemadettheComany trom
1PromotrsanPmGroupof1Companyand pson incontololtheCopany.
9.2.Furt In accordnce wteRegulation24{(e)ofteBuy-back Reulations. neiter Promotesand
Promote Groupnrtrassocteshavedltinthe Equity Shareorotler specified s uMes oft
Companyeither thOUOhtStoeExchanes or off-market tranactns (icluding inse transfeof
EquitySharesamon the Promoters and Promote Group)fromthedateotheBoard Meeng b lhedate
ofthePublicAo oncementashalnotointhe EquitySharesor other spifiedsecuritiesoft
Compan�· lough the StckExchanges oroff-rkettansacllos (includin lse transfer alEquity
Shares aonthe Promters and PomterGroup}from the date oftPublicAnnounement tllth
completionoftBuk.
10.
NO DEFAULTS
TheComany confirms lllattlltearenodefaultssulslstlng Intherepayment or depslls acceteeither
before orafterthecomencement oftleAct,oriterest�eon,redempton ofdebenJresor inteest
payment thereon orroemponof pefeence shares orpaymntofdividenddue toanyshaiehOder,or
repaymentofanytrloan orintrestpayab !n toanylinncial inno banks.
11.
CONFIRMATION BYTHEBOARDOF DIRECTORS OFTHE COMPANY
Te Boardhatils m tg held onNovember07,2023.confirmed Ihatheyhave madfll enquir/ into
t affairs andprospectsof the Copany an lattheyhave formed an oiniow
a)ltimmedifaowing the dateof!ieBoardmtini.e. Nvemb07,2-23atwhict Buy-back
of tEquitySharesof tCompanyisappr,there willbengroundowhichthe Copanycould
be foundunabletpayItsdebts;
b)thatasregrds theprpectsoftheComany fotheyear lmmedatelyfoovngtdateoftheBoar
meetinheldoo Novemb07, 2023andhavin regardtotheintentiosoftheBoard with respect to I
maementothebusin otheCompanyduring tt yerandtotheamountandcharacteoft
finaialresoes,whichwill,intheBoard'sview,beavailabletotCompanyduriglatyear,t
CompywOIbeabetomeetIts liabilities as anvmntheyfalldeand will notbrederedInso
wnaperdofoneyear fromt d oftheBoaid meeting held oNovember07. 2023.
c) tatwehvetakeintoaccont1liabiliesaitheCompanywerebingwoundupunde t
provisiosoftCopanesAct,1956orCompaniSAct.2013orte Insolvency anBan"1uptcy
Coe,2016 (inluding prospacontgentliabilites):and
d)thattedeblequityratolthe Company afer teBuy·back wilbewithinthelimita2:1 asprescribed
uner Stn68{2)(d) of teCopaniesA2013anRegulaton4(ii) of the SEBI (iuy-back of
Securities)Reula�ons,201B.a amnded.
12. REPORT BY THE COMPANY'S STATUTORY AUDITOR
Teteofthe reprtdat�Noveber07.2023,rfrom OcloitteHaskns&SellsLLPChartered
Actonants (frmregittonnumber- 117366W{W-100018),theSryAditSo1teComany and
tannxedstatemtofcoputaUonot permssl� cap aymentslor tIOpsed Buy-back otEqUJ
SharesoltheCopany, aressed totheBoard ol Dictorsofthe Companyare reproducedbelow:
Quote
To.
TheBoardofDirectors,
AtulLimited
Vais ad
Gujarat, lnca
OurSirs/ Macam,
Re:StalutoryAuditor's Report in respect olproposedbuybac ofequityshares byAlulLimited (tbe
"Company")intermsofClause(x}of Schedule IollheSecuritiesandEchangeBoard ofIndia(Buy
Bacl olSecuritie) Regulalons, 2018.asamended("1he Buy-backRegulations")
1.ThisReportisIssuedin accodance whtetermso1our enagemnt leter dated September 30,2C23.
2.TheBoardorDirectorso 1Companyhaveapprovea proposaltorbuybackof equtyshareby t
CopanyaitsMeetinheldonNovember07, 2023,inpurance o1lheprovisins of&ns68, 69
and70oftheCompaniesAct,2013,asam d (tle"Ac") ante 6uyback Reglatios.
3.W hbeenrequestedby lhe Management of the Companytprovideareport o theaccompanying
"Stateent ofPrmissibleCapltal Payment asatMrch31, 2023(ureA'}{hereinafterrefered to
as te"Sttemet").This Sttmnthb n preparedby theManagentwhihwehave lniedfor
thepurposesol ldnbHcationonly.
Management's Responsibility
4. ThepreparanoltheStement In compiance withte provisoto Sectio f8(2){b)oltheActand
compliancewith1otherrntpovisinsoftAct, te proviso toRegulatio4(iv) . 1dlhepoviso
toReguon5((b) 0 tBuyack Regulatons and cmplian with the Buybac Relatios, is
1ereonsbilityofteManagementof theCopa,inluding the computton of teamountof
tepmiSiblecapayent,the preparatioanmaintenaeofaaccountngand otreeant
supprtingrecoranddouments. This 1esposlbillty Iluds thedign, lmpe1tallonand
maintnnce ofiteal controls relevan1 tofepreparaton and presenttion o1 the Statement and appying
anappropatebasis oprearatio;andmakine!atestaarereasoableinte cicumsmces.
Intheabsenc of any deflnttion oforguidine lo"Insolvent•ItheBuybaek Regula�ons, theCompany
hconsidred asiuaton for notbeinabletocoolnueasgoigcocern (as mentionedInStandaid on
Auditin570(Revised)issuedby1tnstitute ofCharteredAccountnts ofIndia) loraperiodofoeyear
from November 07,2023a·inso'.
Audior'sResponsibiity
5.Pursuantto the requments oftheBuybackReglatios, iisour resposib�itytprovideareasona�
asrance t a:
i.
Vhaveinqiredinto t stat ofattairsoftheCompany in relaton tteannalauditdstandane and
consofdated finanial sta ntsaa Marcil31, 2c23;
H.theamount of permissible capitalpaymenias satein AnnereA,has been properly determined
consloing theannualaudite s lone and cosollated rlnanlalstatement as atMare31,2C23;
in accordance withtepovisoto Secton GB(2}(b)oftheAct.tepovisoloRegulation 4(iv)and t
provisotRegulation5(i)(b)of te Buyback Regulatons;anc
Iii. tBoardofDirectorsoftCompany,atheir MeetnhonNovember07,2023havefonedt
opinioasspecl iedtn Clause(X) ofScedultttheBuybackReulations. on resonabe groonc
adthattheCompanywill no�havingregard to its slte ofaflairs,brenderedinsolvent (as defned
inmanagementresponsibty aove)vrithinaperiodof one year from the afor date wheratt
proposedbuybac isaproved.
6.Theannualstandne ancosohatedfinaial statements refered lo iparagraph5abve,have
beenauditedbus, onwhich we haveissueanumoifiedadi1opinon inourreprtdated April
28.2023. Wcoductedour aucrr of the annuaJstand.aloneand consoidatedfinanials
inaccordancew teStdardson AudigspcttledunderSn143(10)o1the Actandother
applible authoritatveproouncementissued bytheInstituteofChartredAccountt ofIndia. Thos
Stanardsreuitel wplanaperfomme audit tobtainreasonable assurance about wnemer
thfancistatementarefeolmaterlmisstatementOur audt was notplanned and pe11orin
cnnn withanytansactions toidentttymrsthalmaylofptentialinteresttot11irdparties.
7.Weconducted ourexamlnatnof I Statment Inaccordancewit the Guidance Note on AuditReports
aCertesfor Speci Purses(sed:16),issuedb tInstituteof Chartered .oouls
ofInda(the "Guidance Note") andStandardsoAudigspeciunderSecton143(10)oteA,in
so far asapplicaefrtheprsofthis certificat.TheGuidanNole requiresthatwcmplyw
lethicalrequirement oftheCoe o1 Etis issued byteIns of CharteredAccounof Inda.
8.Wehavecompliedwflerelevant applicabe reui1emenfs ol tStandardonQualitContr(SO) 1,
QualltyCon1lfor firms that Prfom Alldils and Revies 01HistolcalFinancalInformation,and Other
AssrancandRelated Sellic Enagemflt. Futeroureminaliondin enloanyother part
andaspects of alegalor propritry natureinlalo<said Buyback.
Opinion
9.Boninuiies conductdand ourexami asabove,wreporlthat
i.Wehinquid inttestaofalfaisortCompanyinrntoitsannual aditd stndalon
and consofidated fancilstatementsas atand for teyear endedMarch31, 2023,whch havebeen
aprovedb\Board ofDirectosoftCompanyoApri28, 2023.
ii.Teamountof pmiible capital payment towards the proposed buy back or equitysharsa
comput in1 Sement acedhervith,aAnee A,iourview hasb prerlydetenmined
in accordance wth1provisotoSecton GB(2)(b)oftheA tpovisoloRegulaon4(i) and t
poviso1Reulaton5(i)(b)ofleBuybackRegultns.
iii.TBoar olDirectors oftheCompany, at tr meetn held onNovember07,2023have lormedtheir
opnion assptedincl4use(x)olSchule ItotBuybacRegulatns, on reasonabl grond
and tat theCompyhaving reard to it st ofaffairs. willnotbe renderedinsolvent(adefnedin
management respnsibility above}witin aprioof oneyearfrom the datofpa ingoftBoard
ResoutlondateNovember07. 2023.
RelicliononUse
10. This reprthasbeIssuedallerquestoftheCompanysolely for use oftheCompany(In
connectn with teprosedbuyback ofequityshatesolU1eComanyasmentioedin paragrap2
abve,(iito enable the Board ofDirectorsor theCompany1incldein tpublicannur nt and
odcumentspertainingtobuybac t bfledwith(a)theReisarot Comanies thSecu�
anEchangeBoard ofIndia,stck exchangs, and any oterregulatryauthOaperapplable law,
(b) the Cenlral Depsitory Servies (India) Limited,NationalSeulDepository Lmitedand(c)can
besharedwiththeMeant Bankr incononwiththe popsed bybackofequitysharesofth
Companyfor onward subission 1rtauthoritiesinpursuancettheprisiosolSeclio68
an oterapplibleprovisions oftheAandtheBuyback Regulatns,andmayn bsuitabefany
oterpurpoe.This report shold ntbusdfor any other prpose wilhoutourprr writtencoosent
Aordingy,�donotaccept orassumeanyliability oranydutyof careforanyoterpurseorto
anyother persontowhom this certirlcate Is shonoIntowhoehandsItmay come witout ourprior
consen1in wriling.
Place: Mumbai
Date: Noweber07,2023
.
ForDetoitte Haskins &SellsLLP
CharteredAccuntant
(Fin Registration No. 117366W/-10 18)
Ketan Vora
Prtoer
(MembershipNo.100459)
UDlf:Z3100459BGXJNU3705
..
•

5.3. The Buy-back is proposed to be completed w�hin the Maximum Buy-back Period. Subject to the Maximum Buy·back Price of H,500/- (Rupees seven thousand five hundred oo1y) per Equity Share, the Maximum Buy-back Period, and achievement of the Minimum Buy-back Size, the actuaJ time frame and the price for the Buy-back will be determ ined by the Boatd or the Buy-back Committee or their duly authorised representatives, at their discre1lon, in acc0tdance with the Buy-back Regulat ions.

S.4. In accordance Ylllh Section 68(2)(d) of the Act and Regulation 4{ji) of the Buy-back Regulations, the r.i o

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ADANI ELECTRICITY MUMBAI LIMITED
Registered Offce: Adani Corporate House, Shantigram,
Near Vaishno Devi Circle, S. G. Highway,
Khodiyar Ahmedabad Gujarat-382421, India.
Website: www.adanielectricity.com
CIN: U74999GJ2008PLC107256 ADANI ELECTRICITY MUMBAI LIMITED
Registered Offce: Adani Corporate House, Shantigram,
Near Vaishno Devi Circle, S. G. Highway,
Khodiyar Ahmedabad Gujarat-382421, India.
Website: www.adanielectricity.com
CIN: U74999GJ2008PLC107256 ADANI ELECTRICITY MUMBAI LIMITED
Registered Offce: Adani Corporate House, Shantigram,
Near Vaishno Devi Circle, S. G. Highway,
Khodiyar Ahmedabad Gujarat-382421, India.
Website: www.adanielectricity.com
CIN: U74999GJ2008PLC107256 ADANI ELECTRICITY MUMBAI LIMITED
Registered Offce: Adani Corporate House, Shantigram,
Near Vaishno Devi Circle, S. G. Highway,
Khodiyar Ahmedabad Gujarat-382421, India.
Website: www.adanielectricity.com
CIN: U74999GJ2008PLC107256 ADANI ELECTRICITY MUMBAI LIMITED
Registered Offce: Adani Corporate House, Shantigram,
Near Vaishno Devi Circle, S. G. Highway,
Khodiyar Ahmedabad Gujarat-382421, India.
Website: www.adanielectricity.com
CIN: U74999GJ2008PLC107256 ADANI ELECTRICITY MUMBAI LIMITED
Registered Offce: Adani Corporate House, Shantigram,
Near Vaishno Devi Circle, S. G. Highway,
Khodiyar Ahmedabad Gujarat-382421, India.
Website: www.adanielectricity.com
CIN: U74999GJ2008PLC107256 ADANI ELECTRICITY MUMBAI LIMITED
Registered Offce: Adani Corporate House, Shantigram,
Near Vaishno Devi Circle, S. G. Highway,
Khodiyar Ahmedabad Gujarat-382421, India.
Website: www.adanielectricity.com
CIN: U74999GJ2008PLC107256 ADANI ELECTRICITY MUMBAI LIMITED
Registered Offce: Adani Corporate House, Shantigram,
Near Vaishno Devi Circle, S. G. Highway,
Khodiyar Ahmedabad Gujarat-382421, India.
Website: www.adanielectricity.com
CIN: U74999GJ2008PLC107256

NOTICE INVITING TENDER
Date: 09.11.2023

NIT No. Division Brief Works Description Estimated
Cost
(Rs. Lacs) Cost of
EMD
(Rs. Lacs) Prebid
Meeting
Date Due Date
& Time of
Submission Date &
Time of Bid
Opening

AEML/MDB/2023-24/53 Distribution Supply of Assorted sizes of Wires 949.0 9.5 17.11.2023
11.30 hrs 29.11.2023
16.00 hrs 30.11.2023
16.00 hrs

AEML/MDB/2023-24/54 Distribution Supply of Assorted sizes of Glands 224.7 2.2 18.11.2023
11.30 hrs 30.11.2023
16.00 hrs 01.12.2023
16.00 hrs

AEML/MDB/2023-24/55 Distribution Supply of Assorted sizes of LT & HT Fuses 340.2 3.4 17.11.2023
11.30 hrs 30.11.2023
16.00 hrs 01.12.2023
16.00 hrs

AEML/MDB/2023-24/56 Distribution Horizontal Directional Drilling Services for Cable Laying 253.5 2.5 21.11.2023
11.30 hrs 30.11.2023
16.00 hrs 01.12.2023
16.00 hrs

AEML/MDB/2023-24/57 Distribution Design, Supply, Installation, Commissioning, Testing of 3 X 18 MW / 22
MWh Grid Connected Battery Energy Storage System ( BESS), Energy
Management System (EMS) and associated work to setup BESS along
with integrated comprehensive maintenance for 12 years 22,000.0 PKG 1 - 30
PKG 2 - 30
PKG 3 - 30
PKG 4 - 02 21.11.2023
11.30 hrs 14.12.2023
16.00 hrs 15.12.2023
16.00 hrs

AEML/MDB/2023-24/58 Distribution Design and Build Interior Fit-outs and allied works at Offce, Staircase
Area & Toilet Blocks, Bandra R/s Bldg., Mumbai. 142.0 1.4 18.11.2023
14.30 hrs 29.11.2023
16.00 hrs 30.11.2023
16.00 hrs

AEML/MDB/2023-24/59 Distribution Design and Build Interior Fit-outs and allied works at Dining Area,
Tagorenagar R/s Bldg., Mumbai. 40.0 0.4 17.11.2023
11.00 hrs 29.11.2023
16.00 hrs 30.11.2023
16.00 hrs

AEML/MDB/2023-24/60 Distribution Design and Build Interior Fit-outs and allied works at 2nd & 3rd
floor Offces, (All floors - Staircase Area, Lift lobbies & Toilet Blocks),
Tilaknagar R/s Bldg., Mumbai. 280.0 2.8 18.11.2023
14.30 hrs 29.11.2023
16.00 hrs 30.11.2023
16.00 hrs

AEML/MDB/2023-24/61 Distribution Design and Build Interior Fit-outs and allied works at GF & FF Offce,
Staircase Area & Toilet Blocks, Ambivali R/s Bldg., Andheri (W) Mumbai. 72.0 0.7 17.11.2023
11.00 hrs 30.11.2023
16.00 hrs 01.12.2023
16.00 hrs

AEML/MDB/2023-24/62 Distribution Design and Build Interior Fit-outs and allied works at GF & FF Offce,
Staircase Area & Toilet Blocks, Juhu R/s Bldg., Andheri (W) Mumbai. 55.0 0.6 17.11.2023
11.00 hrs 30.11.2023
16.00 hrs 01.12.2023
16.00 hrs

AEML/MTB/2023-24/04 Transmission SAS Upgradation at 3 Nos. of EHV stations 208.0 2.1 20.11.2023
11.30 hrs 30.11.2023
16.00 hrs 01.12.2023
16.00 hrs

AEML/DTPS/2023-24/15 Generation Supply, Erection & Commissioning of New Lifts in Boiler Area including
Dismantling of Existing Lifts 118.0 1.2 17.11.2023
11.30 hrs 30.11.2023
16.00 hrs 01.12.2023
16.00 hrs

All Materials & Services will be as per Adani Electricity Mumbai Limited specifcations / BOQ.
Prebid Meeting will be done in person/ electronically / telephonically & same will be communicated separately.
For details in respect of Services/ Materials, Qualifying Requirement , Terms & Conditions, Services / Submission of Tender Documents, etc, Please visit our web site:
www.adanielectricity.com -->Open Tenders. The Tender document will be available on above link by09th November 2023.
Tenderer must submit their bids online / electronic submission. Vendor should keep in touch with website www.adanielectricity.com for any corrigendum / Amendment;
no separate information regarding Corrigendum will be published in newspaper.

Date: 09.11.2023 Techno Commercial Department

AI assistant

Atul Limited. Capital/Financing Update 2023

60221_rns_2023-11-09_ca5dc01b-f743-4326-a015-299001d2e4de.pdf

CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS HELD ON NOVEMBER 07, 2023

PUBLIC ANNOUNCEMENT

Atul Liinited

STANDALONE FINANCIAL INFORMATION

SABRIMALA INDUSTRI ES INDIA LIMITED CIN: L741 1 0DL1 984PLC01 8467

SMARTLINK HOLDINGS LIMITED

LOVABLE LINGERIE LIMITED

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PUBLIC ANNOUNCEMENT

Atul Liinited

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ADANI ELECTRICITY MUMBAI LIMITED Registered Offce: Adani Corporate House, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar Ahmedabad Gujarat-382421, India. Website: www.adanielectricity.com CIN: U74999GJ2008PLC107256	ADANI ELECTRICITY MUMBAI LIMITED Registered Offce: Adani Corporate House, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar Ahmedabad Gujarat-382421, India. Website: www.adanielectricity.com CIN: U74999GJ2008PLC107256	ADANI ELECTRICITY MUMBAI LIMITED Registered Offce: Adani Corporate House, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar Ahmedabad Gujarat-382421, India. Website: www.adanielectricity.com CIN: U74999GJ2008PLC107256	ADANI ELECTRICITY MUMBAI LIMITED Registered Offce: Adani Corporate House, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar Ahmedabad Gujarat-382421, India. Website: www.adanielectricity.com CIN: U74999GJ2008PLC107256	ADANI ELECTRICITY MUMBAI LIMITED Registered Offce: Adani Corporate House, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar Ahmedabad Gujarat-382421, India. Website: www.adanielectricity.com CIN: U74999GJ2008PLC107256	ADANI ELECTRICITY MUMBAI LIMITED Registered Offce: Adani Corporate House, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar Ahmedabad Gujarat-382421, India. Website: www.adanielectricity.com CIN: U74999GJ2008PLC107256	ADANI ELECTRICITY MUMBAI LIMITED Registered Offce: Adani Corporate House, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar Ahmedabad Gujarat-382421, India. Website: www.adanielectricity.com CIN: U74999GJ2008PLC107256	ADANI ELECTRICITY MUMBAI LIMITED Registered Offce: Adani Corporate House, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar Ahmedabad Gujarat-382421, India. Website: www.adanielectricity.com CIN: U74999GJ2008PLC107256
NOTICE INVITING TENDER Date: 09.11.2023

NIT No.	Division	Brief Works Description	Estimated Cost (Rs. Lacs)	Cost of EMD (Rs. Lacs)	Prebid Meeting Date	Due Date & Time of Submission	Date & Time of Bid Opening
AEML/MDB/2023-24/53	Distribution	Supply of Assorted sizes of Wires	949.0	9.5	17.11.2023 11.30 hrs	29.11.2023 16.00 hrs	30.11.2023 16.00 hrs
AEML/MDB/2023-24/54	Distribution	Supply of Assorted sizes of Glands	224.7	2.2	18.11.2023 11.30 hrs	30.11.2023 16.00 hrs	01.12.2023 16.00 hrs
AEML/MDB/2023-24/55	Distribution	Supply of Assorted sizes of LT & HT Fuses	340.2	3.4	17.11.2023 11.30 hrs	30.11.2023 16.00 hrs	01.12.2023 16.00 hrs
AEML/MDB/2023-24/56	Distribution	Horizontal Directional Drilling Services for Cable Laying	253.5	2.5	21.11.2023 11.30 hrs	30.11.2023 16.00 hrs	01.12.2023 16.00 hrs
AEML/MDB/2023-24/57	Distribution	Design, Supply, Installation, Commissioning, Testing of 3 X 18 MW / 22 MWh Grid Connected Battery Energy Storage System ( BESS), Energy Management System (EMS) and associated work to setup BESS along with integrated comprehensive maintenance for 12 years	22,000.0	PKG 1 - 30 PKG 2 - 30 PKG 3 - 30 PKG 4 - 02	21.11.2023 11.30 hrs	14.12.2023 16.00 hrs	15.12.2023 16.00 hrs
AEML/MDB/2023-24/58	Distribution	Design and Build Interior Fit-outs and allied works at Offce, Staircase Area & Toilet Blocks, Bandra R/s Bldg., Mumbai.	142.0	1.4	18.11.2023 14.30 hrs	29.11.2023 16.00 hrs	30.11.2023 16.00 hrs
AEML/MDB/2023-24/59	Distribution	Design and Build Interior Fit-outs and allied works at Dining Area, Tagorenagar R/s Bldg., Mumbai.	40.0	0.4	17.11.2023 11.00 hrs	29.11.2023 16.00 hrs	30.11.2023 16.00 hrs
AEML/MDB/2023-24/60	Distribution	Design and Build Interior Fit-outs and allied works at 2nd & 3rd floor Offces, (All floors - Staircase Area, Lift lobbies & Toilet Blocks), Tilaknagar R/s Bldg., Mumbai.	280.0	2.8	18.11.2023 14.30 hrs	29.11.2023 16.00 hrs	30.11.2023 16.00 hrs
AEML/MDB/2023-24/61	Distribution	Design and Build Interior Fit-outs and allied works at GF & FF Offce, Staircase Area & Toilet Blocks, Ambivali R/s Bldg., Andheri (W) Mumbai.	72.0	0.7	17.11.2023 11.00 hrs	30.11.2023 16.00 hrs	01.12.2023 16.00 hrs
AEML/MDB/2023-24/62	Distribution	Design and Build Interior Fit-outs and allied works at GF & FF Offce, Staircase Area & Toilet Blocks, Juhu R/s Bldg., Andheri (W) Mumbai.	55.0	0.6	17.11.2023 11.00 hrs	30.11.2023 16.00 hrs	01.12.2023 16.00 hrs
AEML/MTB/2023-24/04	Transmission	SAS Upgradation at 3 Nos. of EHV stations	208.0	2.1	20.11.2023 11.30 hrs	30.11.2023 16.00 hrs	01.12.2023 16.00 hrs
AEML/DTPS/2023-24/15	Generation	Supply, Erection & Commissioning of New Lifts in Boiler Area including Dismantling of Existing Lifts	118.0	1.2	17.11.2023 11.30 hrs	30.11.2023 16.00 hrs	01.12.2023 16.00 hrs
All Materials & Services will be as per Adani Electricity Mumbai Limited specifcations / BOQ. Prebid Meeting will be done in person/ electronically / telephonically & same will be communicated separately. For details in respect of Services/ Materials, Qualifying Requirement , Terms & Conditions, Services / Submission of Tender Documents, etc, Please visit our web site: www.adanielectricity.com -->Open Tenders. The Tender document will be available on above link by09th November 2023. Tenderer must submit their bids online / electronic submission. Vendor should keep in touch with website www.adanielectricity.com for any corrigendum / Amendment; no separate information regarding Corrigendum will be published in newspaper.

AI assistant

Atul Limited. — Capital/Financing Update 2023

60221_rns_2023-11-09_ca5dc01b-f743-4326-a015-299001d2e4de.pdf

CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS HELD ON NOVEMBER 07, 2023

PUBLIC ANNOUNCEMENT

Atul Liinited

STANDALONE FINANCIAL INFORMATION

SABRIMALA INDUSTRI ES INDIA LIMITED CIN: L741 1 0DL1 984PLC01 8467

SMARTLINK HOLDINGS LIMITED

LOVABLE LINGERIE LIMITED

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PUBLIC ANNOUNCEMENT

Atul Liinited

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