JHS Svendgaard Laboratories Ltd. — M&A Activity 2023

Aug 15, 2023

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CIN : L74110HP2004LC027558

August 15, 2023

To

Listing Department The Listing Department BSE Limited NSE Limited Phiroze Jee, JeeBhoy Towers, Exchange Plaza, Dalal Street, Complex, Bandra (East), Mumbai-400001 Mumbai - 400051 Scrip Code: 532771 Trading Symbol: JHS

The Listing Department NSE Limited Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai - 400051

Sub: Disclosure under Regulation 30 of Securities Exchange Board of India (Listing Obligations and Disclosures Requirements), Regulations, 2015 (“SEBI Listing Regulations”)

Dear Sir,

Pursuant to the provisions of Regulation 30 of SEBI Listing Regulations, we write you to inform that the Board of Directors (“Board”) of JHS Svendgaard Laboratories Limited (“Company”) at its meeting held today i.e. August 14, 2023, analysed and discussed the proposal for consolidation of business of the Company and Vedic Cosmeceuticals Private Limited (“VCPL”).

The Company is engaged in manufacturing and selling (Exports) of Toothbrushes, Toothpastes, Mouthwash, Denture Tablets and other allied Oral care Products. On the other hand, VCPL is engaged in developing, manufacturing and selling of skincare products for Baby care, Hair Care, Body Care, Intimate Care, Pet care, Spa Products and Grooming products.

Both the Companies belong to the Fast-Moving Consumer Goods (FMCG) Industry, having similar line of Business and same customer base. It has been informed to the Board that the proposed Amalgamation of both the Companies will lead to huge synergy benefits in the form of enhancement of market size, improvement in organizational performance in long run due to expanded market control, upgraded benefit, and hazard expansion.

After due discussion on the proposed consolidation of business, the Board in-principally agreed to the Amalgamation of the Company and VCPL under the Scheme of Arrangement for

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CIN : L74110HP2004LC027558

Amalgamation to be entered into between the Company and VCPL, their respective promoters/shareholders and creditors.

The scheme of arrangement for Amalgamation between the Company and VCPL will be placed for approval of the Board after finalizing all the terms and conditions in this regard and all the appropriate announcements and public disclosures in accordance with the SEBI Listing Regulations and other applicable laws will be made accordingly.

The details of the Company and VCPL are annexed hereinafter in the form of Annexure.

The Board Meeting commenced at 12:00 Noon and concluded at 3:10 P.M.

Yours Sincerely,

For & on behalf of

JHS Svendgaard Laboratories Limited

KOMA Digitally signed by KOMAL JHA Date: 2023.08.15 L JHA 13:30:44 +05'30'

Komal Jha

Company Secretary & Compliance Officer

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CIN : L74110HP2004LC027558

Annexure

About VCPL

VCPL is a private limited company incorporated under the Companies Act, 1956 with corporate identity number U24246DL2003PTC118255, and having its registered office at 21-C, PocketC, Gangotri Apartments, Alaknanda, New Delhi, 110019. VCPL is engaged in developing, manufacturing and selling of high-quality skincare products for Baby care, Hair Care, Body Care, Intimate Care, Pet care, Spa Products and Grooming products. Some prominent brands with whom the VCPL is currently working are Unilever, Nykaa, St. Botanica, The Moms

Co., Sugar, Sirona, Bombay Shaving Company, Colorban, Beardo, New U, Skinraft, Arata, TNW .

VCPL is having top line manufacturing facility supported by latest technologies. Its production capacity is upto 500 metric tonnes per month. For more details, please visit Vedic (vedicskincare.com).

About the Company

Our company is engaged in manufacturing and selling (Exports) of Toothbrushes, Toothpastes, Mouthwash, Denture Tablets and other allied Oral care Products. Apart from working on its own brands, the company also offers Contract Manufacturing Partnership to brands in the domestic and the international market.

Some of the prominent domestic and international brands with whom the company is presently working are as follows:

For Toothbrush – Amway, Dabur, Future Group, Apollo Pharmacy, Sandika Pharma, Elder Pharma, Dr. Fresh (International Brand) and Boots (International Brand) etc.

For Toothpaste - Apollo Pharmacy, 6 Ten Store, Modi Care, Dr. Fresh (International Brand), Livoris and Peanuts (International Brand) etc.

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CIN : L74110HP2004LC027558

The production facilities of the Company are at Kala Amb, Himachal Pradesh, established in April 2007. For more details, please visit JHS Svendgaard Laboratories Limited.

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