Fine Organic Malaysia Acquisition Timeline Extended 3 Months

Key Update

Fine Organic Industries Limited provides an update regarding its acquisition of 80% of the paid-up capital of Oleofine Organics SDN. BHD., a company incorporated in Malaysia. The completion of this acquisition, which was previously expected to be finalized within three months from the date of the original intimation (May 19, 2026), is now proposed to be completed within the next three months from August 18, 2026.

Reason for Change

The extension in the timeline is attributed to certain procedural requirements. No specific details about the nature of these procedural requirements are provided.

Terms and Conditions

All other terms and conditions of the acquisition remain unchanged from those disclosed in the original intimation dated May 19, 2026.

Financial Impact

Financial impact not quantified in the disclosure.