General Updates

Date: September 9, 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, August 18, 2026 and September 2, 2026. Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), and in continuation of our earlier intimation dated September 2, 2026 regarding the execution of Share Transfer Agreements, we wish to update that in accordance with the terms of the aforementioned agreements, the Company has successfully completed the acquisition of 80% equity stake of Oleofine Organics SDN. BHD. (“OFM”). Accordingly, OFM has become a subsidiary of the Company with effect from September 9, 2026. Further, consequent to the aforesaid acquisition and in terms of Section 2(87) of the Companies Act, 2013, the Company, together with its subsidiary, OFM, controls more than one-half of the total voting power in Fine Organic Industries (Thailand) Co., Ltd. (“FOIT”). Accordingly, FOIT has also become a subsidiary of the Company with effect from September 9, 2026. 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 and Annexure B. 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 1,000,000 Malaysian Ringgit (RM) (divided into 1,000,000 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, the said acquisition is a related party related party transaction(s) and whether the transaction to the extent of shares acquired from promoter/ promoter group/ group companies Smoothex Chemicals Private Limited. have any interest in the entity being acquired? (“Smoothex”). If yes, nature of interest and details thereof and whether the same is done at “arms length” Smoothex is a Promoter Group entity of the Company and one of the existing shareholders of Oleofine Organics Sdn. Bhd. (“OFM”). Mr. Mukesh Shah, Chairman and Whole Time Director 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 also a Member of Smoothex. The aforesaid acquisition has been 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 acquisition is 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 Acquisition process has been completed on acquisition September 9, 2026. 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 cost of acquisition is RM 34,208,000 (Ringgit shares are acquired Malaysia Thirty-Four Million Two Hundred and Eight Thousand only) equivalent to INR 80,16,64,480/- (Rupees Eighty Crores Sixteen Lakhs Sixty-Four Thousand Four Hundred and Eighty only) Percentage of shareholding / control acquired 80% equity stake of OFM (wherein 50% has been and / or number of shares acquired; acquired from Smoothex Chemicals Private Limited, a related party and balance 30% has been 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 22,925,390 ended (equivalent January to INR 31, 2025 45.19 crores)* Financial RM Year 27,615,137 ended (equivalent January to INR 31, 2024 48.55 crores)* Country of Malaysia incorporation Net worth as at RM 34,245,075 January 31, 2026 (equivalent to INR 79.65 crores)* *Exchange rates are as of the closing of the rele vant financial year of OFM. Annexure B 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 Fine Organic Industries (Thailand) Co., Ltd. as size, turnover etc. (“FOIT”) incorporated in Thailand, is engaged in the business of specialty chemicals. Date of Incorporation:- May 31, 2021 Paid-up share capital of FOIT is THB 150,000,000 (divided into 1,500,000 shares of Thai Baht 100 each) Turnover of FOIT for the financial year ended December 31, 2025, is THB 101,172,263 (equivalent to INR 28.87 crores)*. Whether the acquisition would fall within The said acquisition is consequent upon the related party transaction(s) and whether the acquisition of shares of Oleofine Organics Sdn. promoter/ promoter group/ group companies Bhd. (“OFM”). have any interest in the entity being acquired? The Company, together with OFM, controls more If yes, nature of interest and details thereof and than one-half of the total voting power in FOIT, whether the same is done at “arm's length” comprising 45% held by the Company and 10% held by OFM (a promoter group entity). Accordingly, FOIT becomes a subsidiary of the Company within the meaning of Section 2(87) of the Companies Act, 2013. Industry to which the entity being acquired Business of Specialty Chemicals. belongs Objects and effects of acquisition (including Currently, FOIT is a Joint Venture of the Company. but not limited to, disclosure of reasons for acquisition of target entity, if its business is Consequent upon the acquisition of shares of outside the main line of business of the listed Oleofine Organics Sdn. Bhd. (“OFM”), the entity Company, together with OFM, controls more than one-half of the total voting power in FOIT, comprising 45% held by the Company and 10% held by OFM. Accordingly, FOIT becomes a subsidiary of the Company within the meaning of Section 2(87) of the Companies Act, 2013. FOIT’s business is within the main business line of the Company. Brief details of any governmental or regulatory None approvals required for the acquisition; Indicative time period for completion of the FOIT becomes a subsidiary of the Company from acquisition September 9, 2026. Nature of consideration - whether cash Not Ap [Showing first 8,000 characters — download PDF for full document]