Emami Ltd — Capital/Financing Update 2022

Dec 9, 2022

9th December, 2022

The Manager - Listing The Manager - Listing The National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, Plot No. C/1, G. Block Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra (E) Dalal Street Mumbai – 400 051 Mumbai – 400 001 Scrip Code: EMAMILTD Scrip Code: 531162

Dear Sirs,

Re: Increase in stake of Brillare Science Pvt Ltd, the Subsidiary Company

This is to inform you that the Company has further subscribed Equity Share Capital of Brillare Science Pvt Ltd (Brillare), the Subsidiary Company; consequently, the company's stake in Brillare has been increased from 77.53% to 80.59% on Issued & Paid-up capital of the said subsidiary company.

In this regard, disclosure under Regulation 30 of the SEBI Listing Regulations, read with the SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, is enclosed.

This intimation is also being made available on the Company's website at: http://www.emamiltd.in/investor-info/

This is for your information.

Thanking You, Yours Sincerely, For Emami Limited

ARUN KUMAR JOSHI

Digitally signed by ARUN KUMAR JOSHI Date: 2022.12.09 16:26:35 +05'30'

A. K. Joshi Company Secretary & VP- Legal

Disclosure under sub-para (1) [i.e. Acquisition(s) (including agreement to acquire)] of Para (A) of Part (A) of Schedule III to the Regulation 30 SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Sl No	Particulars
A	Name of the target entity	Brillare Science Private Limited
B	Whether the acquisition wouldfallwithinrelatedpartytransaction(s) and whether thepromoter/promotergroup/groupcompanieshaveanyinterestintheentitybeingacquired?Ifyes,natureofinterest and details thereof andwhether the same is done at"arms length";	Brillareis a Subsidiary, hence, the relatedparty.None of the promoter/ promoter group/group companies have any interest in theentity.
C	Industry to which the entitybeing acquired belongs;	Fast Moving Consumer GoodsBrillareSciencePvtLtd.,aprofessionalbeauty care company offering products inskin, hair & body care for professional salonand home use. It owns Brillare Science andRoot Deep brand
D	Objectsandeffectsofacquisition	the Company holds 77.53% stakeCurrently,of Brillare. Post allotment of 3,01,160 equityshares,Company's stake in Brillare wouldincrease to 80.59%on Issued & Paid-upcapital basis.
E	Briefdetailsofanygovernmentalorregulatoryapprovalsrequiredfortheacquisition;	None
F	Indicativetimeperiodforcompletion of the acquisition;	9th December, 2022
G	Natureofconsideration-whether cash consideration orshare swap and details of thesame;	Cash
h	Cost of acquisition or the priceatwhichthesharesareacquired;	Price of shares has not been disclosed due toreason of confidentiality

Sl No		Particulars
I	Percentage of shareholding /	3,01,160 Equity Shares
	controlacquiredand/or
	number of shares acquired;
J	Briefbackgroundabouttheentityacquiredintermsofproducts/lineofbusinessacquired, date of incorporation,history of last 3 years turnover,country in which the acquiredentity has presence and anyothersignificantinformation(in brief);	Incorporated in 2015 by Mr. Jigar Patel,Brillare is a professional beauty care brandfor salon which operates under 2 brands –•Brillare Science•Root DeepPrior to the incorporation,the business wasbeing carried on through a partnership firmunder the name and style of M/s. BrillareScience.It has omni-channel presence with good mixof online & offline channel. In offline theproducts are sold in and through professionalsalons. All the products are based on naturalingredientsandcompanyalsomentions"Nature Score" on some of the products.Turnover of last 3 (three) financial years:Financial YearAmount (Rs in Crore)2021-2217.722020-219.712019-204.41