FINE ORGANICS: INDIA STEP-DOWN SUBSIDIARY ACQUIRES 100% REDEEMABLE PREFERENCE SHARES OF FINE ORGANIC INDUSTRIES (SEZ) PRIVATE LIMITED

• Fine Organic Industries (SEZ) Private Limited, a Wholly Owned Subsidiary, has invested via subscription of 5,50,00,000 1% Non-Convertible, Non-Cumulative, Non-Participating, Redeemable Preference Shares. • The face value per share is INR 10/-, aggregating to INR 55,00,00,000/- (Indian Rupees Fifty-Five Crores Only). • The investment is to support the WOS for setting up the manufacturing unit. • The WOS was incorporated on October 10, 2023, and has not yet commenced operations. • The net worth of the WOS as at March 31, 2026, was INR 90.29 crores.

Fine Organic Industries Ltd

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