Ind-Swift Laboratories Ltd. — Capital/Financing Update 2025

Sep 12, 2025

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Ref: ISLL:CH:2025	Date: 12th September, 2025
The President	The Vice President,
Corporate Relationship Department	Listing Compliance Department,
BSE Limited	National Stock Exchange of India Limited,
Phiroze Jeejeebhoy Towers,	Exchange Plaza, 5th Floor
25th Floor, Dalal Street,	Plot No. C/2, G-Block,
Mumbai 400 001	Bandra Kurla Complex, Bandra (E),
	Mumbai 400 051
BSE Scrip Code: 532305	NSE Symbol: INDSWFTLAB

Sub: Intimation regarding Outcome of the meeting of Investment Committee of the Board. Ref: Disclosure under regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI LODR Regulations”)

Dear Sir/Ma’am,

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI LODR Regulations”), we would like to inform that the investment committee of the company has in its meeting held on 12[th] September, 2025 approved the incorporation of a new Joint Venture (“JV”) in the form of LLP for the purpose of participating in the first edition of the Chandigarh Premier League (CPL) being organised by the Union Territory Cricket Association (UTCA), Chandigarh.

The JV will be incorporated as a 50:50 partnership between the Company and Mr. Nikhil Goel.

The incorporation of the JV is subject to completion of statutory and regulatory formalities.

The Disclosure of information pursuant to Regulation 30 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11[th] November 2024 are given as Annexure-A attached to this letter.

You are requested to take the same on record.

Thanking you

For IND-SWIFT LABORATORIES LTD.

Pardeep Digitally signed by Pardeep Verma Date: 2025.09.12 Verma 17:40:58 +05'30' PARDEEP VERMA VP-CORPORATE AFFAIRS & COMPANY SECRETARY

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		Annexure-A
S. No.	Details of Events that need to be provided	Information of such events
1)	Name of the entity(ies) with whom agreement/ JV is signed;	The company shall incorporate a Joint Venture LLP with Mr. Nikhil Goel in 50:50partnership.
2)	Area of agreement/JV;	12thSeptember, 2025
3)	Domestic/international;	Domestic
4)	Share exchange ratio / JV ratio;	The contribution in the proposed Joint Venture LLP is as under: a) Ind-Swift Laboratories Limited: 50% b)Mr. Nikhil Goel: 50%
5)	Scope of business operation of agreement / JV;	The proposed activities of the JV will include:  Sponsorship/Ownership of a team in the CPL,  Participation in cricket tournaments and other sports-related initiatives.
6)	Details of consideration paid / received in agreement / JV;	The amount of capital contribution by the company in the Joint Venture shall be upto Rs. 2 Crores.
7)	Significant terms and conditions of agreement / JV in brief;	For the purpose of Sponsorship/ Ownership of a team in the CPL and participation in cricket tournaments and other sports-related initiatives joint venture LLP is being incorporated with 50:50partnership.
8)	Whether the acquisition would fall within related party transactions 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 “arm’s length”	The investment/capital contribution in the Joint Venture LLP does not fall within related party transaction for the company. Except to the extent of the capital contribution, the promoter/promoter group/group companies have no interest in thejoint venture.
9)	Size of the entity(ies);	The total Capital Contribution of the Joint Venture shall be upto Rs. 2 Crores.
10)	Rationale and benefit expected;	The decision to invest in this venture is motivated primarily by:  The significant fan following and commercial potential of cricket in India, and  The strategic opportunity of associating with the CPL at its inception stage, thereby enabling the Company to build a strong presence in the sports and entertainment ecosystem.

Pardeep Digitally signed by Pardeep Verma Verma Date: 2025.09.12 17:41:37 +05'30'