Havells India Limited — Capital/Financing Update 2021

Aug 3, 2021

3rd August, 2021

The National Stock Exchange of India Ltd. Exchange Plaza, 5th Floor Plot No. C/1, G Block Bandra Kurla Complex Bandra (E) Mumbai- 400 051

BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400 001

Scrip Code : 517354

NSE Symbol : HAVELLS

Sub: Intimation by the Company viz. Havells India Limited – Press Release

Dear Sir,

Please find enclosed herewith a copy of the press release being issued by the Company viz. Havells India Limited.

This is for your information and records.

Thanking you.

Yours faithfully, for Havells India Limited

Sanjay Kumar Gupta

Digitally signed by Sanjay Kumar Gupta Date: 2021.08.03 18:12:01 +05'30'

(Sanjay Kumar Gupta) Company Secretary

Encl: as above

Aartas launches 'Clinishare'; an innovative medical co‐working space for doctors in India

• Health‐care tech startup raises USD 5 Million in their first funding round led by QRG holdings, the promoter of Havells
• The startup plans to build the largest healthcare private practice network with more than 100 clinics across India

New Delhi, 3rd August , 2021: Aartastoday launched Clinishare, a medical co‐working tech start‐up built on unique principle of shared economy, offering doctors the space, staff and technology helping them deliver hassle free care. The startup has raised USD 5 million in the first phase funding round led by QRG Holdings, the promoter of Havells.

Aartas Clinishare will use the capital to create a parallel healthcare ecosystem where doctors practice their "idea of care" that works best for their "patients". Introducing an innovative concept, the startup envisionsto create 100 smart multi‐speciality clinicsin India which operates on technology. The flagship location is recently launched in New Delhi.

Commenting on the launch, Dr. Ankur and Dr. Ayush Sharma, Founder, Aartas Clinishare, said "The Indian healthcare industry has witnessed exceptional transformation in the recent times and are embracing technology like never before. With the launch of Clinishare, our purpose is to leverage technology in helping make doctors more independent and empower them to give their best care, provide them an alternative ecosystem that is free of corporate pressures, at the same time still be part of something greater than themselves. We believe that health is an emotion, not just a mere data point. With CliniShare, we are working to bring patients and doctors together in a whole new way. We have woven technology into the very fabric of our spaces to make each step of patients care journey easier and seamless"

Mr. Anil Rai Gupta, CMD, Havells (QRG holding), said on the launch "We are delighted to deepen our relationship with Aartas Clinishare. It is a privilege to be part of Dr. Ankur and Dr. Ayush Sharma's innovative healthcare tech startup, introducing the concept of co‐working space and trying to cater the needs of the doctors and patients. We are confident that the startup, by leveraging technology, will empower more doctors to independently give their best care. With Aartas Clinishare, doctors will get an alternative ecosystem that is free of corporate pressures, at the same time still being part of something greater than themselves. We are confident that Aartas Clinishare will transform the Indian healthcare system"

The COVID‐19 pandemic has brought to the fore both challenges and opportunities in the healthcare sector. Due to the pandemic, many patients are hesitant to visit hospitals, Aartas Clinishare encourages the doctors to continue with their private practice. The startup provides solution by building clinics that adapt to the technological advancements, bridging the gap between physical clinic and digital platforms, providing a delightful, seamless, and powerful experience for doctors and patients.

The Aartas medical co‐working space has consultation rooms, waiting lounge and well‐trained staff support, that operates on technology. Whether an established doctor or a new practitioner, their pay‐ by‐the hour plans give doctors the ultimate flexibility to find a clinic space across prime locations. The technology used by the startup is in sync with the physical space, patients can easily use the Aartas app to enter the clinic, speed through registration with QR code technology, get their paperless consult, digital payment, and check‐out right from their phone.

The core idea of Aartas Clinishare is to build emotive technology, leveraging the patient experience that ensures physical care and makes healthcare easy, independent, spontaneous for everyone in the society.

About Aartas Clinishare

In 2018, Aartaswasfounded by Dr. Ankur and Dr. Ayush Sharma in US. Aartas allset to launch CliniShare in India, a medical coworking space offering the needs for doctor's private practice. Clinishare is fully equipped with consultation rooms, waiting lounge and dedicated staff support, that operates on technology. Whether you are an established doctor or a new practitioner, our pay‐by‐the hour plans gives the patients ultimate flexibility to find a clinic space across prime locations. Aartas Clinishare envision the future, where doctors can deliver care that propels human health forward, where patients can experience care like never‐ in a shared human experience across cultures.

For further information please contact:

For more information please contact: Havells India Limited Archetype Amit Sharma Meher Iqbal Ph: +91 9911236700 Ph: 9953272866 Email: amit1.sharma@havells.com Email: meher.iqbal@archetype.co