FERMENTA BIOTECH LIMITED — Capital/Financing Update 2023

Dec 4, 2023

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Ref: F.No.:808

December 4, 2023

Corporate Relations, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400 001

Reference: Scrip Code: 506414

Dear Sir/Madam,

Subject: Execution of Sale Deed.

Further to our earlier intimation dated June 9, 2022 in relation to the members’ approval obtained to sell, lease, or otherwise dispose of the Company’s assets, we wish to inform you that the Company has executed a sale deed on December 4, 2023 (‘Sale Deed’) to sell a substantial portion of land situated at Village Takve Budruk, Taluka Maval, District Pune, Maharashtra on the terms and conditions mentioned in the Sale Deed.

The information regarding the aforesaid sale of land is provided in Annex- “A” attached herewith.

This intimation is given under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 for your records.

Thanking you,

For Fermenta Biotech Limited

SRIKANT Digitally signed by SRIKANT NATH NATH SHARMA SHARMA Date: 2023.12.04 15:54:58 +05'30'

Srikant N. Sharma Company Secretary CS Membership No: F3617

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ANNEX- “A”

Sr.	Particulars
1	Name(s) of parties with whom the agreement is entered	Nipro Pharmapackaging India Private Limited (‘Purchaser’); and D1 Enterprises (‘Consenting & Confirming Party’)
2	Purpose of entering into the agreement	To sell the Company’s land situated at Village Takve Budruk, Taluka Maval, District Pune, Maharashtra (“Land”).
3	Shareholding, if any, in the entity with whom the agreement is executed	NIL
4	Significant terms of the agreement (in brief) special rights like right to appoint directors, first right to share subscription in case of issuance of shares, right to restrict any change in capital structure etc.;	Sale of Land situated at Village Takve Budruk, Taluka Maval, District Pune, Maharashtra admeasuring 1,40,100 square meters,_inter alia,_for a consideration of Rs. 44,83,20,000/- (Rupees Forty-Four Crores Eighty- Three Lakhs Twenty Thousand only) received by the Company for sale of Land. Conditions as to special rights etc. - NIL
5	Whether the said parties are related to promoter/promoter group/ group companies in any manner. If yes, nature of relationship;	No, the Purchaser and Consenting & Confirming Party are not related to the promoter/ promoter group/ group companies in any manner.
6	Whether the transaction would fall within related party transactions? If yes, whether the same is done at “arms length”;	No, the transaction is not a related party transaction.
7	In case of issuance of shares to the parties, details of issue price, class of shares issued;	Not applicable
8	Any other disclosures related to such agreements, viz., details of nominee on the board of directors of the listed entity, potential conflict of interest arisingout of such agreements,etc;	Not applicable
9	In case of termination or amendment of agreement, listed entity shall disclose additional details to the stock exchange(s):	Not applicable
a)	name of parties to the agreement;	Not applicable
b)	nature of the agreement;	Not applicable
c)	date of execution of the agreement;	Not applicable
d)	details of amendment and impact thereof or reasons of termination and impact thereof.	Not applicable

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