Updates

Date: September 2, 2026 To To BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Plot No. C/1, "6" Block, Exchange Plaza Dalal Street, Bandra Kurla Complex, Bandra (East) Mumbai - 400 001 Mumbai - 400 051 Security Code: 541557 Symbol: FINEORG Dear Sir/Madam, Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements Regulations), 2015 - Update Ref: Intimation dated May 19, 2026 and August 18, 2026. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) and with reference to our earlier intimation dated May 19, 2026 and August 18, 2026, we wish to inform you that the Fine Organic Industries Limited (“the Company”) has executed the Share Transfer Agreements (“STAs”) today i.e. September 2, 2026, with the existing shareholders of Oleofine Organics SDN. BHD. (“OFM”) to acquire 80% equity stake. Details pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed with Annexure A. The above information is also made available on the website of the Company at https://www.fineorganics.com/ You are requested to kindly take the same on your records. Thanking you, For Fine Organic Industries Limited Pooja Lohor Company Secretary and Compliance Officer Membership No. A28397 Encl: as stated Annexure A Disclosure under sub-para (1) i.e. Acquisition(s) (including agreement to acquire) of Para (A) of Part (A) of Schedule III read with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circulars Name of the target entity, details in brief such Oleofine Organics SDN. BHD. (“OFM”), a as size, turnover etc. company incorporated in Malaysia, is engaged in the business of specialty chemicals. Paid-up Share Capital of OFM is 10,00,000 Malaysian Ringgit (RM) (divided into 10,00,000 Equity Shares of RM 1 each) Turnover of OFM for the financial year ended January 31, 2026, is RM 23,287,742 (equivalent to INR 54.17 crores)* Whether the acquisition would fall within Yes, it will be a related party transaction to the related party transaction(s) and whether the extent of shares to be acquired from Smoothex promoter/ promoter group/ group companies Chemicals Private Limited. (“Smoothex”). have any interest in the entity being acquired? If yes, nature of interest and details thereof and Smoothex is a Promoter Group entity of the whether the same is done at “arms length” Company and one of the existing shareholder of Oleofine Organics Sdn. Bhd. (“OFM”). Mr. Mukesh Shah, Whole Time Director and Chairman, and Mr. Jayen Shah, Managing Director of the Company, are Directors and Members of Smoothex, while Mr. Tushar Shah, Whole Time Director and Chief Executive Officer of the Company, is a Member of Smoothex. The transaction will be carried out on an arm’s length basis. Industry to which the entity being acquired Business of Specialty Chemicals. belongs Objects and effects of acquisition (including The transaction will be in line with the Company’s but not limited to, disclosure of reasons for growth strategy. acquisition of target entity, if its business is outside the main line of business of the listed OFM’s business is within the main business line of entity) the Company. Brief details of any governmental or regulatory None approvals required for the acquisition; Indicative time period for completion of the The completion of the transaction shall take place acquisition upon fulfilment of the conditions precedent in accordance with the terms of the STAs. Nature of consideration - whether cash Cash consideration or share swap and details of the same; Cost of acquisition or the price at which the The aggregate cost of acquisition shall be up to RM shares are acquired 3,42,08,000 (equivalent to approximately INR 80.28 crores based on the exchange rate prevailing as on the date and subject to variation on the actual date of transaction) plus applicable transaction cost. Percentage of shareholding / control acquired 80% equity stake of OFM (wherein 50% will be and / or number of shares acquired; acquired from Smoothex Chemicals Private Limited, a related party of the Company and balance 30% will be acquired from other unrelated existing shareholders of OFM. Brief background about the entity acquired in Products / line of As stated above terms of products/line of business acquired, business of the date of incorporation, history of last 3 years target entity turnover, country in which the acquired entity Date of August 19, 1988 has presence and any other significant incorporation information (in brief); Last 3 years’ Turnover turnover Financial RM Year 23,287,742 ended (equivalent January to INR 31, 2026 54.17 crores)* Financial RM Year 2,29,25,390 ended (equivalent January to INR 31, 2025 45.19 crores)* Financial RM Year 2,76,15,137 ended (equivalent January to INR 31, 2024 48.55 crores)* Country of Malaysia incorporation Net worth as at RM 3,42,45,075 January 31, 2026 (equivalent to INR 79.65 crores)* *Exchange rates are as of the closing of the rele vant financial year of OFM