Diamines Subsidiary Acquires 50 Acres for ₹40 Crore Plant

Date: June 29, 2026

Board Meeting Outcomes

Disinvestment / Strategic Actions

Land Acquisition Details:

• Target Entity: Not applicable (direct asset acquisition)
• Asset Acquired: Industrial freehold land of approximately 50 acres situated at Auro Industrial Park, Kakinada, Andhra Pradesh
• Date of Acquisition: June 29, 2026 (date of signing Binding Term Sheet)
• Consideration: ₹28 crores for Tranche 1 land and ₹12 crores for Tranche 2 land (subject to final measurement), excluding stamp duty and registration fees
• Total Consideration: ₹40 crores (excluding additional fees)
• Mode of Acquisition: Through Binding Term Sheet subject to final Definitive Agreement to be separately negotiated and executed
• Validity: Binding Term Sheet valid until June 30, 2027
• Purpose: For setting up new chemical plant
• Seller: Kakinada SEZ Limited
• Related Party Transaction: Not applicable
• Arm's Length Basis: Not applicable

Other Operational / Legal / Strategic Disclosures

The disclosure is made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended. The final definitive agreement shall be separately negotiated and executed.