Beardsell Limited — M&A Activity 2024

Jan 20, 2024

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20[th] January 2024

To, National Stock Exchange of India Ltd. Exchange Plaza, 5[th] Floor Plot No.C/1, G Block Bandra Kurla Complex, Bandra (E) Mumbai – 400051 Scrip: BEARDSELL

BSE Limited Corporate Relationship Department Phiroz Jeejheebhoy Towers Dallal Street, Mumbai – 400001 Scrip: 539447

Dear Sirs,

Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

We would like to inform that the Company has entered into a non-binding term sheet dt.20/01/2024 for acquisition of a leading Manufacturer in Radio Frequency Drying Technology subject to execution of definitive agreements with mutual acceptance, and fulfilment of other obligations.

The detailed disclosure as per Schedule III of the Listing Regulations read with SEBI Circular SEBI/HO/CFD/CFD-PoD-1/ P/CIR/2023/123 dated July 13, 2023 will be submitted after execution of necessary definitive agreements in this relation.

This is for your information and records.

Thanking you,

Yours faithfully, For BEARDSELL LIMITED

KANHU Digitally signed by CHARAN KANHU CHARAN SAHU Date: 2024.01.20 SAHU 21:58:44 +05'30'

Company Secretary & Compliance Officer

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