Resonance Specialties Acquires Kaygee Lab Facility for ₹29.98 Crores

Transaction Type: Acquisition of manufacturing facility on slump sale basis
Counterparty: Kaygee Laboratories Private Limited (KLPL), a related party
Facility Location: Plot No. 6, New Industrial Area - II, Mandideep, Dist Raisen - 462046, Madhya Pradesh
Assets Included: Leasehold land (22,304 sq mtr), industrial buildings (5,227 sq mtr), plant & machinery, licenses, permits, employees
Consideration: ₹29.98 crores (Rupees Twenty-Nine Crores Ninety Eight Lakhs Only)
Valuation Basis: Independent valuation report dated July 24, 2026 by S R Valuers (IBBI Registered Valuer: Regn No. IBBI/RV/04/2022/14808)

Cut-off Date: August 14, 2026
Dispatch Date: August 18, 2026
E-voting Period: August 20, 2026 (9:00 AM IST) to September 18, 2026 (5:00 PM IST)
Service Provider: National Securities Depository Limited (NSDL)
Scrutinizer: Mr. Alok Khairwar (FCS No. 10031, CP 12880) or alternatively Mr. Rajkumar Gupta (ACS No. 43015, CP 18582)
Result Declaration: Within 2 working days from conclusion of e-voting
Deemed Resolution Date: September 18, 2026 if approved

Represents 33.22% of the company's annual turnover for FY 2025-26
Funding: Partly from internal accruals and partly through borrowings
Strategic Rationale: Achieve vertical integration in Pyridine, collidines and their derivatives; secure uninterrupted supply of chemical intermediates and APIs; enhance operational control and efficiency; eliminate outsourcing costs
The facility was recently inspected and approved by WHO, Geneva

KLPL has been manufacturing chemical intermediates and APIs for Resonance under job work agreement
Previous transactions with KLPL: ₹3.72 crores (April-June 2026) and ₹16.78 crores (April 2025-March 2026)
KLPL Financials (FY 2024-25): Total Income ₹29.32 crores, PAT ₹9.21 crores, Net Worth ₹23.04 crores

Mr. Prashant Godha: Non-Executive, Promoter Director of Resonance, Director of KLPL, holds 2.08% in Makers Laboratories Limited (which holds 45.48% in Resonance)
Mr. Charchit Jain: Whole-time, Professional Director of Resonance, Director of KLPL
KLPL Shareholding: Indirectly holds 14.35% of Makers Laboratories Limited
Kaygee Investments Private Limited: Holds 8.77% of Resonance's equity share capital

Documents available for inspection from August 20, 2026 to September 19, 2026 via email request to investors@resonancesl.com