SRF Ltd. — Regulatory Filings 2019

May 13, 2019

The Corporate Relationship Department, BSE Limited 1st Floor , New Trading Ring Rotunda Building, P.J. Towers Dalai Street, Mumbai 400 001

National Stock Exchange of India Limited "FxrhangP Playa" Bandra-Kurla Complex Bandra (E) Mumbai 400 051

Scrip Code- 503806

Scrip Code-SRF

SRF/SEC/BSE/NSE

13.05.2019

Dear Sir,

Press Release

We enclose a copy of the Press Release issued by the SRF Limited ("the Company") on 11.05.2019 announcing Definitive Agreement to Sell its Engineering Plastics Business to DSM India Private Limited.

Thanking you,

Yours faithfully,

for SRF LIMITED

Rajat Lakhanpal Associate Vice President (Corporate Compliance & Company Secretary

Encl: As above

SRF LIMITED

Block-C Sector-45 Gurugram 122 003 Haryana India Tel: +91-124-4354400 Fax: +91-124-4354500 E-mail: info@srf.com Website : www.srEcom

Regd. Office : Unit No. 236 & 237, 2nd Floor DLF Galleria, Mayur Place Noida Link Road Mayur Vihar Phase-1 Extension Delhi 110091

For immediate release

SRF Limited Announces Definitive Agreement to Sell its Engineering Plastics Business to DSM

Makes a Strategic Exit to focus on Core Businesses

Gunigram, May i i, 2019: SRF Limited (NSE: SRF), a chemical based multibusiness entity engaged in the manufacturing of industrial and specialty intermediates announced today that it has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences company in an all-cash transaction, amounting to INR 320 cr.

The company's Engineering Plastics Business manufactures multiple grades of engineering plastic compounds, catering to the automotive and electrical industries.

"Today marks a significant milestone for our company, as we take another step along our strategic direction of focusing on our core Businesses, "said Ashish Bharat Ram, Managing Director, SRF Limited. "While the Engineering Plastics Business has been a profitable and niche business for us, we felt that scaling it into a large business would have taken significant time and in that sense passing it onto a credible player would be logical for everyone involved."

Broadly, the transaction announced today would enable SRF achieve three critical goals for the company and its shareholders. First, we expect the transaction to provide cash and liquidity to strengthen our balance sheet further. Second, the transaction will allow us to optimize and focus our efforts and resources on developing more-and-more complex technologies within the Chemicals Business space, which we believe has the potential to be competitively dominant and put the company in a strategically good position. Third, the transaction recognizes the value of our Engineering Plastics Business. It places many of our outstanding employees into DSM, a highly capable and global leader in the engineering plastics space.

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SRF Limited

Established in 1970, SRF Limited with an annual turnover of T5,600 crore (US\$ 860 million) is a chemical based multi business entity engaged in the manufacturing of industrial and specialty intermediates. The company's diversified business portfolio covers Technical Textiles, Fluorochemicals, Specialty Chemicals, Packaging Films and Engineering Plastics. Anchored by a strong workforce of more than 6,300 employees from different nationalities working across twelve manufacturing plants in India, two in Thailand and one in South Africa, the company exports to more than 75 countries. Equipped with State-of-the-Art R&D facilities, SRF has filed 155 patents for R&D and technology so far, of which twenty three have been granted. A winner of the

SRF Limited

Corporate Office: Block C, Sector 45, Gurgaon, Haryana-122003

Regd. Office: Unit No. 236 & 237, 2nd Floor, DLF Galleria, Mayur Place, Mayur Vihar Phase I Extn, Delhi- 110 091

We always find a better way

prestigious Deming Prize for two of its businesses namely, Tyre Cord and Chemicals, SRF continues to redefine its work and corporate culture with TQM as its (WI idgenient way.

For further information, please contact:

Nitika Dhawan Head of Corporate Communications Mobile — 9910158528 nitika.dhawanPsrf.com

SRF Limited

Corporate Office: Block C, Sector 45. Gurgaon, Haryana-122003 Regd. Office: Unit No. 236 & 237, 2nd Floor, DLF Galleria, Mayur Place, Mayur Vihar Phase I Extn, Delhi- 110 091