FERMENTA BIOTECH LIMITED — Capital/Financing Update 2023

May 25, 2023

==> picture [462 x 66] intentionally omitted <==

Ref: F.No.:808

May 25, 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 portion of Company’s assets being premises located in Thane One Building, DIL Complex, Ghodbunder Road, Majiwade, Thane (West) 400 610, we wish to inform you that the Company has executed and registered a sale deed on May 25, 2023 to sell premises situated at the 1[st] floor in Thane One Building, DIL Complex, Ghodbunder Road, Majiwade, Thane (West) 400 610 on the terms and conditions mentioned in the sale deed and as approved by the Board of Directors of the Company.

The information regarding the aforesaid sale of premises is provided in Annex-“A” 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 NATH SHARMA Digitally signed by SRIKANT NATH SHARMA DN: c=IN, o=Personal, pseudonym=64AE5F0FF2D26B154BF04E4B48E2E43F0CD3AA5B, 2.5.4.20=2ab07dc675b7405348b9f50416c712c738a3c6f165ca6b8e70474cfdc158e5cb, postalCode=400607, st=Maharashtra, serialNumber=C7CD7EC99ADAAE2C3BD286AC4378FFADD7148C27FF6647D896904FB3E2D0942E, cn=SRIKANT NATH SHARMA Date: 2023.05.25 17:28:42 +05'30'

Srikant N. Sharma Company Secretary CS Membership No: F3617

==> picture [447 x 68] intentionally omitted <==

==> picture [462 x 66] intentionally omitted <==

ANNEX-“A”

Sr.	Particulars
1	Name(s) of parties with whom the agreement is entered	Mr. Manoj Jitendra Parekh
2	Purpose of entering into the agreement	To sell the Company’s premises situated at the 1stfloor in Thane One Building, DIL Complex, Ghodbunder Road, Majiwade, Thane (West) 400 610 (“Thane One Building”).
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 the 1stfloor in Thane One Building admeasuring 4,559 square feet carpet area, for a total consideration of Rs. 6,61,50,900/- (Indian rupees Six Crores Sixty-One Lakhs Fifty Thousand and Nine Hundred Only). 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 is 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 arising out 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

---

==> picture [447 x 68] intentionally omitted <==