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Vivimed Labs Ltd. Capital/Financing Update 2020

Dec 14, 2020

61575_rns_2020-12-14_a5b279a1-7444-474a-8a5b-11f93cc4841c.pdf

Capital/Financing Update

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To,
BSELimited
Phiroze Jeejeebhoy Towers, National Stock ExchangeofIndia Limited
Dalal Street, Fort, ExchangePlaza,Sandra Kurla Complex,
Mumbai 400 001 Bandra(ELMumbai - 400 051
Scrip Code: 532660 Symbol: VIVIMEDLAB
Dear Sir/Madam

S.No Particulars Company
A The amount and percentageoftheturnoverorrevenueorincomeandnetworthcontributed bysuchunitordivisionofthe listed entity during thelast financial year; The amount&percentageofrevenue:NILNetworth:INR19248/- (Indian rupeesNineteen thousandtwohundred fortyeight only)
B Date on which the agreementforsalehasbeen entered into; Not Applicable.Theeffective dateofsaleis14.12.2020.
C The expected dateofcompletionofsale/disposal; Onorbefore 31.12.2020.
D Considerationreceivedfromsuchsale/disposal; Rs.I00,OOO/-(Indian rupees one lakhonly)
E Briefdetails of buyers Ms Tanmayi Varalwar&Ms TanishaVaralwar(Buyers).AsVSCPLisinoperativesinceincorporation,Company intendedtosellVSCPLandbuyers are relatedtopromotersoftheCompanyandintendedtopurchase thesame.
F Whether anyofthebuyers belongtothepromoter/ promoter group/groupcompanies.Ifyes, detailsthereof; Buyers are related the promotersoftheCompany
G Whether the transaction would fallwithin related party transactions?Ifyes,whetherthe same is done at "armslength"; Yes,Thetransactionisat "arms length"basis
H Additionally, incaseofa slumpsale,indicativedisclosuresprovidedforamalgamation/merger,shallbedisclosed by the listed entity withrespecttosuch slump sale. Not Applicable

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