Ramco Industries Ltd — Capital/Financing Update 2023

Aug 14, 2023

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14[th] August, 2023

National Stock Exchange of India Ltd. Exchange Plaza, Bandra-Kurla Complex, Bandra (E), Mumbai – 400 051.

Scrip Code:RAMCOIND

BSE Ltd. Floor 25, “P.J.Towers”, Dalal Street, Mumbai – 400 001. Scrip Code:532369

Dear Sir / Madam,

Sub : Intimation under Regulation 30(7) of the SEBI (LODR) Regulations, 2015

In continuation of our letter dated 13[th] July 2023, we write to inform you that Ramco Industries Limited (“Company”) had executed the Share Subscription and Purchase Agreement (“SSPA”) for the purpose of sale and transfer of its entire shareholding (i.e. 46,15,83,065 equity shares) held in Lynks Logistics Limited (“Lynks”) to Bundl Technologies Private Limited (“Bundl”, operating under the brand name “Swiggy”) in exchange for Compulsorily Convertible Preference Shares of Bundl to be issued and allotted by Bundl to the Company.

Please be informed that the expected date of completion of sale / transfer, would be done on or before 31[st] August 2023, as against 14[th] August 2023, intimated in our above referred letter.

The said extension is required to ensure completion of relevant procedural items.

Kindly take the same on record.

Thanking you

Yours faithfully For Ramco Industries Limited

Digitally signed by BALAMURUGASUNDARAM BALAMURUGASUNDARAM Date: 2023.08.14 21:24:45 +05'30'

S. Balamurugasundaram Company Secretary & Legal Head

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