Indo Count Industries Ltd — Capital/Financing Update 2020

Mar 31, 2020

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March 31, 2020

National Stock Exchange of India Limited

BSE Limited

Listing Department, Department of Corporate Services, Exchange Plaza, Bandra Kurla Complex, Floor 25, Phiroze Jeejeebhoy Towers, Bandra (East), Dalal Street, Mumbai – 400 051 Mumbai – 400 001 Company Symbol: ICIL Scrip Code No.: 521016

Subject : Update on acquisition of balance shareholding and business of Indo Count Retail Ventures Pvt Ltd

Dear Sir/Madam,

In continuation of our earlier intimation dated February 11, 2020 on the captioned subject, we would like to inform the exchanges that Indo Count Industries Limited (“the Company”) has executed Business Transfer Agreement (BTA) on March 30, 2020, with Indo Count Retail Ventures Pvt Ltd (ICRVPL), wholly owned subsidiary of the Company for the acquisition of business of ICRVPL w.e.f 1[st] April, 2020.

You are requested to kindly take the same on record.

Thanking you,

Yours faithfully,

For Indo Count Industries Limited

AMRUTA NIHAR Digitally signed by AMRUTA NIHAR AVASARE AVASARE Date: 2020.03.31 18:56:08 +05'30'

Amruta Avasare Company Secretary & Compliance Officer Membership No.: ACS 18844

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