General Updates

ANUPAM RASAYAN INDIA LTD. ARILSLDSTX20260907053 September 07, 2026 To, T o , BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, ‘Exchange Plaza’, C-1, Block-G, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai-400001, India Mumbai-400051, India SCRIP CODE: 543275 SYMBOL: ANURAS Dear Sir/ Madam, Subject: Acquisition of equity shares in Tanfac Industries Limited pursuant to a preferential issue. Ref: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended (“Listing Regulations”) We wish to inform you that at the meeting of the Board of Directors (the “Board”) of Anupam Rasayan India Limited (the “Company”) held today, i.e., September 07, 2026, the Board has approved the acquisition of 2,60,065 equity shares having a face value of Rs. 5 (Rupees Five only) of Tanfac Industries Limited (“Tanfac”) at the issue price of Rs. 2,341 (Rupees Two Thousand Three Hundred Forty-One only) each, on a preferential issue basis (“Proposed Transaction”) for an aggregate consideration of Rs. 60,88,12,165 (Rupees Sixty Crores Eighty-Eight Lakhs Twelve Thousand One Hundred Sixty-Five only) (“Proposed Acquisition”). Pursuant to the above approval, the Company shall accept, execute and deliver to Tanfac, the acceptance form to the private placement offer-cum-application in Form PAS-4 dated September 03, 2026, issued by Tanfac in connection with the Proposed Acquisition. The details as required under Regulation 30 of the Listing Regulations read with Paragraph 1 of Part A of Schedule III of the Listing Regulations and paragraph 1 of Annexure 18 of the SEBI circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 (as amended) (“SEBI Master Circular”), are given in Annexure A below. The Board meeting commenced at 07:41 p.m. IST and concluded at 08:47 p.m. IST. This intimation will also be hosted on the website of the Company at www.anupamrasayan.com. Kindly take the same on your record. Registered Office: Tel. : +91-261-2398991-95 Office Nos. 1101 to 1107, 11th Floor, Icon Rio, Fax : +91-261-2398996 Behind Icon Business Centre, Dumas Road, E-mail : office@anupamrasayan.com Surat-395007, Gujarat, India. Website : www.anupamrasayan.com CIN - L24231GJ2003PLC042988 ANUPAM RASAYAN INDIA LTD. Thanking you. Yours sincerely, For Anupam Rasayan India Limited Ashish Gupta Company Secretary & Compliance Officer Encl.: As above Registered Office: Tel. : +91-261-2398991-95 Office Nos. 1101 to 1107, 11th Floor, Icon Rio, Fax : +91-261-2398996 Behind Icon Business Centre, Dumas Road, E-mail : office@anupamrasayan.com Surat-395007, Gujarat, India. Website : www.anupamrasayan.com CIN - L24231GJ2003PLC042988 ANUPAM RASAYAN INDIA LTD. ANNEXURE A Details pursuant to Clause 1 of Para A of Part A of Schedule III of the Listing Regulations read with Para 1, Annexure 18 of the SEBI Master Circular S. No. Particulars Details 1. Name of the target Tanfac Industries Limited entity, details in brief (CIN: L24117TN1972PLC006271) such as size, turnover etc.; Promoters / Joint Venture Partners: Tanfac Industries Limited is a joint sector company promoted by Anupam Rasayan India Limited and the Tamil Nadu Industrial Development Corporation (TIDCO). Key Financial Details (basis last audited financials FY2025-26) Particular Amount (₹ Crores) Paid-up Equity ₹9.975 crores (1,99,50,000 equity Share Capital shares of ₹5 each) Revenue from ₹711.1 crores Operations (Turnover) Net Worth ₹373.2 crores 2. Whether the While Tanfac Industries Limited is a subsidiary of the acquisition would fall Company, pursuant to Regulation (2)(1)(zc) of the within related party Listing Regulations, a preferential issue conducted in transaction(s) and accordance with the Securities and Exchange Board of whether the India (Issue of Capital and Disclosure Requirements) promoter/promoter Regulations, 2018, such as the Proposed Acquisition, group/group does not fall within the definition of a “related party companies have any transaction”. interest in the entity being acquired? If yes, The promoter/promoter group/group companies do nature of interest and not have any interest in Tanfac Industries Limited, details thereof and except to the extent of their shareholding in the whether the same is Company, and its shareholding in Tanfac Industries done at “arm’s length”; Limited. Registered Office: Tel. : +91-261-2398991-95 Office Nos. 1101 to 1107, 11th Floor, Icon Rio, Fax : +91-261-2398996 Behind Icon Business Centre, Dumas Road, E-mail : office@anupamrasayan.com Surat-395007, Gujarat, India. Website : www.anupamrasayan.com CIN - L24231GJ2003PLC042988 ANUPAM RASAYAN INDIA LTD. 3. Industry to which the Tanfac Industries Limited operates in the chemicals entity being acquired industry, specifically the manufacture of industrial and belongs; fluorine-based chemicals. 4. Objects and impact of The acquisition is being undertaken to increase the acquisition Company’s shareholding in Tanfac Industries Limited, (including but not which was passively diluted on account of the qualified limited to, disclosure institutional placement undertaken by Tanfac Industries of reasons for Limited. acquisition of target entity, if its business is outside the main line of business of the listed entity); 5. Brief details of any Not Applicable governmental or regulatory approvals required for the acquisition; 6. Indicative time The allotment of equity shares of Tanfac Industries period for completion Limited is tentatively to be completed by Wednesday, of the acquisition; September 09, 2026 7. Consideration - Cash Consideration whether cash Aggregate consideration: Rs. 60,88,12,165 (Rupees Sixty consideration or Crores Eighty-Eight Lakhs Twelve Thousand One share swap or any Hundred Sixty-Five) other form and details of the same; 8. Cost of acquisition The equity shares have been acquired at a price of Rs. and/or the price at 2,341 (Rupees Two Thousand Three Hundred Forty-One) which the shares are per equity share, aggregating to Rs. 60,88,12,165 (Rupees acquired; Sixty Crores Eighty-Eight Lakhs Twelve Thousand One Hundred Sixty-Five) Registered Office: Tel. : +91-261-2398991-95 Office Nos. 1101 to 1107, 11th Floor, Icon Rio, Fax : +91-261-2398996 Behind Icon Business Centre, Dumas Road, E-mail : office@anupamrasayan.com Surat-395007, Gujarat, India. Website : www.anupamrasayan.com CIN - L24231GJ2003PLC042988 ANUPAM RASAYAN INDIA LTD. 9. Percentage of 2,60,065 (Two Lakh Sixty Thousand Sixty-Five) equity shareholding/control shares, representing approximately 0.73% of the post- acquired and/or issue paid-up equity share capital of the Target. number of shares acquired; 10. Brief background Tanfac Industries Limited operates in the chemicals and about the entity petrochemicals industry, with a particular focus on acquired in terms of fluorine chemistry. Its principal products include products/line of anhydrous hydrofluoric acid, solar-grade diluted business acquired, hydrofluoric acid, diluted hydrofluoric acid, potassium date of fluoride, potassium bifluoride, sulphuric acid, oleum, incorporation, boron trifluoride complexes, aluminium fluoride and history of last 3 years other fluorine derivatives. These products are used in turnover, country in refrigerants, solar cells, steel surface treatment, glass which the acquired etching, fluoropolymers, lithium batteries, agrochemicals entity has presence and pharmaceutical intermediates. and any other significant Tanfac Industries Limited was incorporated on 20 information (in December 1972 and commenced commercial production brief). in March 1985. The physical manufacturing and office operations of Tanfac Industries Limited are located in India. Its customers are located in India, United States, Brazil, Japan, South Korea, Thailand, the United Arab Emirates, Bangladesh, Israel, Turkey and Singapore. Last three years’ turnover: FY Turnover (INR in crores) FY 2023-24 378.15 FY 202 [Showing first 8,000 characters — download PDF for full document]