BSECompany Update16 Sept 2026 · 16 Sept 2026, 01:11 pm

We wish to inform you that the Company has entered into the Share Subscription Agreement on September 16, 2026 with Novucom Neo Private Limited

GEM Enviro Management Ltd · 544199

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GEM Enviro Management Ltd has entered into a Share Subscription Agreement with Novuscom Neo Private Limited to acquire 75% stake in Novuscom for Rs. 30,00,000.

Analysis Scores

Earnings Impact5/10
Growth Catalyst8/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10

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GEM Enviro Management Ltd - 544199 - Announcement under Regulation 30 (LODR)-Updates on Acquisition

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Date: September 16, 2026 The Manager Listing Department BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001 Scrip Code: 544199 Scrip ID: GEMENVIRO Subject: Share Subscription Agreement between the Company and Novuscom Neo Private Limited Ref: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 dated August 25, 2026 Dear Sir/Ma’am, Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time (“SEBI Listing Regulations”) and in continuation to our earlier corporate announcement dated August 25, 2026, We wish to inform you that the Company has entered into the Share Subscription Agreement on September 16, 2026 with Novuscom Neo Private Limited having CIN: U70200DL2025PTC457508 (“Novuscom”) to acquire 30,000 (Thirty Thousand) Equity Shares and 2,70,000 (Two Lakhs Seventy Thousand) 0.001% Compulsorily Convertible Preference Shares (CCPS), representing 75% of share capital of the Novuscom. The details as required under Regulation 30 read with Schedule III Part A Para A of the SEBI Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed and marked as Annexure A. Kindly take the same on your record and bring it to the notice of all the concerned. For GEM Enviro Management Limited --------------- Tripti Goyal Company Secretary and Compliance Officer Membership No.: ACS73180 Encl: as above Annexure A The details as required under Regulation 30 read with Schedule III Part A Para A of the SEBI Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026: S. No. Particulars Details 1. Name(s) of parties with whom the Novuscom Neo Private Limited (“Novuscom”) agreement is entered 2. Purpose of entering into the agreement Share Subscription Agreement is entered for the acquisition of 75% stake in the Novuscom. The Company agrees to acquire 30,000 Equity shares of Face Value of Rs. 10/- each at an issue price of Rs. 10/- and 2,70,000 0.001% CCPS of Face Value of Rs. 10/- each at an issue price of Rs. 10/- in consideration of Rs. 30,00,000/- (Rupees Thirty Lakhs only). 3. Shareholding, if any, in the entity with Nil whom the agreement is executed 4. Significant terms of the agreement (in The Company is entitled to nominate up to three brief) special rights like right to appoint Directors on the Board of Novuscom, pre-emptive directors, first right to share subscription rights on further issue of Equity Securities, right in case of issuance of shares, right to of first offer on transfer of shares by the restrict any change in capital structure Promoters of Novuscom and specified tag-along etc. rights. All other terms and conditions are set forth in the Share Subscription Agreement executed between the Company and Novuscom. 5. Whether, the said parties are related to No promoter/ promoter group/ group companies in any manner. If yes, nature of relationship 6. Whether the transaction would fall It is not a Related Party Transaction. within related party transactions? If yes, whether the same is done at “arm’s Subsequent to this investment, Novuscom will length” become subsidiary of the Company. 7. In case of issuance of shares to the Novuscom will issue and allot 30,000 Equity parties, details of issue price, class of shares of Face Value of Rs. 10/- each at an issue shares issued price of Rs. 10/- and 2,70,000 0.001% CCPS of Face Value of Rs. 10/- each at an issue price of Rs. 10/- to the Company. 8. Any other disclosures related to such Nil agreements, viz., details of nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreements, etc. 9. In case of termination or amendment of Not Applicable agreement, listed entity shall disclose additional details to the stock exchange(s) i. name of parties to the agreement; ii. nature of the agreement; iii. date of execution of the agreement; iv. details of amendment and impact thereof or reasons of termination and impact thereof.