Emami Ltd — Capital/Financing Update 2024

Mar 27, 2024

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Date: 27[th] March, 2024

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

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

Dear Sir/ Madam,

This to inform you that Emami Ltd holds 95.36% in the paid up capital of its subsidiary Company, Brillare Science Pvt Ltd (Brillare). The Company has further entered into Share Purchase Agreement with the founder & other shareholders of Brillare for acquiring remaining stake of 4.64 % of that Company. Consequently, Emami’s Shareholding in Brillare has increased from 95.36% to 100% and it has become a wholly owned subsidiary of the Company.

The details required under Regulation 30 of the SEBI (LODR) Regulations, 2015 read with the SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 is enclosed as Annexure-1.

Further pursuant to Regulation 30 (8) of the SEBI (LODR) Regulation, 2015 the enclosed disclosures will be made available on the Company’s website at: - http://www.emamiltd.in/investor info/

This is for your information. Kindly take the same on record.

Thanking You,

Yours faithfully,

For Emami Limited

SANDEEP KUMAR Digitally signed by SANDEEP KUMAR SULTANIA SULTANIA Date: 2024.03.27 17:24:11 +05'30'

Sandeep Kr. Sultania Company Secretary, Compliance Officer & VP- Sales Commercial Membership No: A13546

(Encl. as above)

regd. office : 687 anandapur e. m. bypass kolkata 700107 India phone: 91 33 6613 6264 tele fax : 91 33 6613 6600 e-mail : investors@emamigroup.com website : www.emamiltd.in CIN : L63993WB1983PLC036030

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Annexure - 1

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 (Brillare)
B	Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arms length”;	Brillare is a subsidiary, hence, the related party. None of the promoter/ promoter group/ group companies have any interest in the entity.
C	Industry to which the entity being acquired belongs;	Fast Moving Consumer Goods Brillare Science Pvt Ltd., a professional beauty care company offering products in skin, hair & body care being sold in D2C and also through professional salon network. It owns Brillare and Root Deepbrand.
D	Objects and effects of acquisition	Currently, Emami Ltd holds 95.36% stake of Brillare. Post acquisition of 4.64% ( 4,29,009 equity shares), the Company’s stake in Brillare would increase to 100%, making Brillare a wholly-owned subsidiary of Emami Limited.
E	Brief details of any governmental or regulatory approvals required for the acquisition;	None
F	Indicative time period for completion of the acquisition;	27thMarch, 2024
G	Nature of consideration - whether cash consideration or share swap and details of the same;	Cash

regd. office : 687 anandapur e. m. bypass kolkata 700107 India phone: 91 33 6613 6264 tele fax : 91 33 6613 6600 e-mail : investors@emamigroup.com website : www.emamiltd.in CIN : L63993WB1983PLC036030

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Sl. No.	Particulars
H	Cost of acquisition or the price at which the shares are acquired;	Price of shares has not been disclosed due to reason of confidentiality
I	Percentage of shareholding/ control acquired and/ or number of shares acquired;	4,29,009 shares i.e. 4.64% of paid up capital of Brillare.
J	Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief);	Incorporated on 10/08/2015 under the Indian Companies Act 2013 by Mr. Jigar Patel, Brillare Science is a natural professional beauty care company which operates in India under 2 brands –  Brillare Science  Root Deep It has omni-channel presence with good mix of online & offline channel. In offline the products are being sold through professional salons. All the Products are based on natural ingredients and the Company also mentions “ Nature Score” on some of the products. Turnover of last 3 (three) financial years: Financial Year Amount (Rs in Crore) 2022-23 19.71 2021-22 17.72 2020-21 9.71

regd. office : 687 anandapur e. m. bypass kolkata 700107 India phone: 91 33 6613 6264 tele fax : 91 33 6613 6600 e-mail : investors@emamigroup.com website : www.emamiltd.in CIN : L63993WB1983PLC036030