Take Solutions Ltd — Capital/Financing Update 2021

Aug 6, 2021

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S.No	Details	Disclosure
1.	Theamountandpercentageoftheturnover or revenue orincome and net worthcontributed bysuchunit or divisionofthelisted entity during thelast financial year	Revenue: USD 72.89Mn(%ofrevenue is 69.86%)Net worth: USD 77.91Mn(%ofnet worth is 50.84%)
2.	Date on which theagreement for sale hasbeen entered into	6thAugust 2021
3.	The expected dateofcompletionofsale/disposal	The completionofthe transaction is expected to occur within90days from 6thAugust 2021.
4.	Consideration receivedfromsuchsale/disposal;	Aggregate considerationofUSD 101.63 Mn being USD 91.63 Mnin Cash and USD10Mn in Sellers Note carrying a PIK interestof6%p.a
5.	Brief detailsofbuyersand whether anyofthebuyers belong to thepromoter/promotergroup/groupcompanies.Ifyes,details thereof;	H.I.G. Capital Partners VI, L.P., a Delaware Limited Partnership andits designated institutions.The Buyer does not belong to the promoter/ promoter group.
6.	Whether the transactionwouldfallwithinrelatedpartytransactions?Ifyes,whether the sameISdone at "arms' length".	Not applicable, the transactionisnot a related party transaction.
7.	Additional disclosures,in caseofa slump sale.	Not applicable, the transaction is not a slump sale.