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Radico Khaitan Ltd. Capital/Financing Update 2021

Aug 19, 2021

62627_rns_2021-08-19_b97664ed-e11f-4731-83dc-e1e26a3507c4.PDF

Capital/Financing Update

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KL/SX/202 1-22/043ugust 19, 2021
Bombay Stock Exchange Ltd. National Stock Exchange of India Ltd.
Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor
Dalal Street Plot no. C/i, G Block
Mumbai-400 001. Bandra-Kurla Complex, Bandra (E)
Mumbai-400 051.
Scrip Code: 532497 Scrip Code: RADICO

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a) Name of the target entity, details in brief Radico Spiritzs India Private Limited ('Radico Radico Spiritzs India Private Limited ('Radico
such as size, turnover etc.; Spiritzs')
Authorised Capital — 50,00,000
and paid up Capital — 1,00,000
Turnover — NIL (yet to commence business
operations)
b) Whether the acquisition would fall within The acquisition of equity shares of Radico
related party transaction(s) and whether the Spiritzs is not a related party transaction.
promoter!promotergroup!group
companies have any interest in the entity Further,thePromoter !Promoter
being acquired? If yes, nature of interest and group!Promoter group companies has no interest
details thereof and whether the same is done in Radico Spiritzs.
at "arm's length"
c) Industry to which the entity being acquired Ancillary services
belongs;
d) Objectsandeffectsofacquisition To provide ancillary services and assist Radico
(including but not limited to, disclosure of Khaitan Limited in furtherance of its business
reasons for acquisition of target entity, if its operations.
business is outside the main line of business
of the listed entity);
e) Brief details of anygovernmentalor None
regulatoryapprovalsrequiredforthe
acquisition;
1') Indicative time period for completion of the Negligible
acquisition;
g) Nature of consideration - whether cash The consideration is being paid through
consideration or share swap and details of Cheque.
the same;
h) Cost of acquisition or the price at which the Rs. 10 per shares
shares are acquired;
i) Percentageofshareholding ! control 100%
acquiredand ! ornumberof shares
acquired;
j) Brief background about the entity acquired Radico Spiritzs shall provide ancillary services
intermsof products!lineofbusiness to Radico Khaitan Limited.
acquired, date of incorporation, history of
last 3 years turnover, country in which the Date of Incorporation: November 22, 2013
acquired entity has presence and any other
significant information (in brief); Turnover of last 3 years: Radico Spiritzs has
not commenced its business operations yet
hence there is no turnover of last 3 years.