Indegene Limited — M&A Activity 2025

Nov 10, 2025

INDGN/SE/2025-26/80

November 10, 2025

	BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001, India. Scrip Code: 544172	National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051, India. Trading symbol: INDGN

Dear Sir / Madam,

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

Pursuant to provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we hereby inform that the Company’s wholly owned subsidiary, Indegene Ireland Limited has today i.e. on 10[th] November 2025 signed a Share Purchase Agreement (“SPA”) to acquire 100% equity shares in Cake Kommunikations Holding GmbH (an SPV created to hold 70% in Cake Kommunikations GmbH (AT), 100% in CAKE Kommunikations GmbH (DE) and 100% in CAKE Kommunikations AG (Switzerland)) and 30% in Cake Kommunikations GmbH (AT) [Collectively ‘Cake Group’] for an amount not exceeding EUR 8.5 Million, subject to net working capital / net debt adjustments.

The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are provided below as Annexure.

The above information is being made available on the website of the Company https://www.indegene.com/.

This is for your information and records.

Yours Sincerely,

For Indegene Limited

Srishti Ramesh Digitally signed by Srishti Ramesh Kaushik Kaushik Date: 2025.11.10 22:17:26 +05'30' Srishti Ramesh Kaushik Company Secretary and Compliance Officer

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Indegene Limited

Third Floor, Aspen G-4 Block, Manyata Embassy

Business Park (SEZ), Outer Ring Road, Nagawara, Bengaluru560 045, Karnataka, India

Phone: +91 80 4674 4567, +91 80 4644 7777 www.indegene.com

CIN: L73100KA1998PLC102040

Annexure

Sr. No.	Particulars	Description
1.	Name of the target entity, details in brief such as size, turnover etc.;	Cake Group is a healthcare marketing and communications agency operating across Austria, Germany and Switzerland. The Company offers services such as brand strategy, creative campaign development, and digital marketing solutions. Cake Group is headquartered in Vienna, Austria, and has approximately 25 employees across the DACH region. The Company reported EUR 3.78 Million of revenue in FY 2024.
2.	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 “arm’s length”	No. The transaction does not fall within the related party transaction and no~~promoter / promoter group~~/ group companies have any interest in the entity being acquired.
3.	Industry to which the entity being acquired belongs	Healthcare Marketing and Communications.
4.	Objects and effects of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity)	To strengthen Indegene's European presence and expand its capabilities in healthcare communications.
5.	Brief details of any governmental or regulatory approvals required for the acquisition	Subject to Austrian Investment Control Act (InvKG) clearance.
6.	Indicative time period for completion of the acquisition	Expected to complete in January 2026.
7.	Consideration - whether cash consideration or share swap or any other form and details of the same	All-cash transaction with deferred performance / milestone-based consideration.

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Indegene Limited

Third Floor, Aspen G-4 Block, Manyata Embassy

Business Park (SEZ), Outer Ring Road, Nagawara, Bengaluru560 045, Karnataka, India

Phone: +91 80 4674 4567, +91 80 4644 7777 www.indegene.com

CIN: L73100KA1998PLC102040

8.	Cost of acquisition or the price at which the shares are acquired	Total purchase consideration amount not exceeding EUR 8.5 Millionsubject to net working capital/net debt adjustments.
9.	Percentage of shareholding/ control acquired and/or number of shares acquired	Indegene Ireland Limited to acquire 100% of the outstanding shares of target entity.
10.	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)	Cake group provides healthcare marketing and communications services to life-sciences clients in the DACH region. Turnover of Cake group for the following financial years, ending December: FY 2022: EUR 3.18 Million FY 2023: EUR 3.10 Million FY 2024: EUR 3.78 Million

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Indegene Limited

Third Floor, Aspen G-4 Block, Manyata Embassy

Business Park (SEZ), Outer Ring Road, Nagawara, Bengaluru560 045, Karnataka, India

Phone: +91 80 4674 4567, +91 80 4644 7777 www.indegene.com

CIN: L73100KA1998PLC102040