FINEORG : PROMOTER ACQUIRES ADDITIONAL 1% STAKE

• Jayen Ramesh Shah acquired 3,06,978 equity shares of Fine Organic Industries Limited • The acquisition was made pursuant to the partition of Jayen R Shah HUF through an off-market transaction • No consideration was paid as it was an inter se transfer of shares amongst qualifying persons, all promoters for over three years • Jayen Ramesh Shah's stake increased to 17.04% from 16.04% • Impact: Neutral (Inter se transfer among promoters, no change in ultimate beneficial ownership or control)

Fine Organic Industries Limited

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