Acquisition

ICRA ICRALimited Jun2e92 ,0 26 BSEL imited NatiSotnoaEclxk c haonfg eIL nidmiiat ed PhirJoezeej eebhoy TowersE xchaPnlgaez a, Dalal Street PlnootC. / G1B ,l ock Mumb4a0i00 0 I1n,d ia BandraC-oKmuprlleax ScrCiopd e: 532835 Band(rEaa st) Mumb-a4i00 05 I1n,d ia SymbIoClR:A DeaSri r/Madam, SubD.i:ls ocsuunrdeRe erg ula3t0oi fto hnSese curaintEdix ecsh aBnogaeor fdI nd(iLai sting ObligaatnDidoi nsoscs luRreeq uireRmeegnutlsa)2t 0i1(o5"� Lsi,sR teignugl at-Uipodnasot"ne) acquiosfiDt2iTKoe nc hnoIlnodgPiiraei svL aitmei ted Thiissp urstuoat nhpter oviosfRi eognusl 3a0ta inoodnt haeprp lirceagbulleoa ftt ihLoein sst ing Regulaatniidnco onnst,i noufoa uetrai roalnni neoru ncdeamtOeecndtt o2 b02e,0r 2 3. Wew isthoi nforymot uh tahtBe o aorfDd i recotfIo CrRAsAn alyLtiimciastm eadt,e sruibasli odfi ary ICRLAi mihtaeasdp ,p rotvhpeerd o poofes nalt eirnittnhogS. hea Pruer cAhgarseee (m"eSnPtaA n"d) amendmteotn htIesn vesAtgmreenet(m "eAnmte ndment Atgorgeeewtmihetaenhlrst l c" h)e,d ules, annexaunrodet sh er documentths"e T (rcaonlslaDeocccttuiimosven"en w)lti,ytD ,h2 KT echnologies IndPirai vLaitmei( t"eDd2 aKn"td)h e ex isting osfDh 2aKri,ecn h oonlndewecirttIsihC o RnAA n alytics' acquiosfti htreie oimnna i4n0g%o ft heeq usihtaycr aep oiftD a2lKfo ,ra m utuaaglrlceyoe nds ideratfon ofI NR3 2c ropruerss,tu owa hnitIc ChR AAn alysthiauclpsloc ,nl oshionl1gd0, 0 o%ft heeq usihtayr e capoiftDa2lKo nafu lldyi lubtaesdi s. Plefiansadet tachedt hadenne etxatuitorlh esli esit ndt iesrc,pl uorssetudoRa engtu l3a0ot fti hoLeni sting RegulraetwiaiodCtn lhs a 1uo sfPe a Aro afP aAro tfS cheIdIuoIlft e hL ei stRienggu laantAidno nnesx ure 18o ft hmea sctierrc buelaarrrie nfge nruemnbcSeeEr B I/HO/CFD//P0o1dD5a25t/N eCodIv Re/m1Pb1 e,r 202i4s sbuyet dhS ee curainEtdxi cehsa Bnogaoerf dl n(d"iSaE BI"). Kindltyh ateba okovenre e cord. Regards, Sincerely, (SS.h akReabh man) CompaSneyc re&t Caormyp liOaffniccee r EncAlsa. b:o ve BuilNdoi8.n,2 gn d F loToorew,rA Te:l+ .9 1.124.4545300 Websi:wt wew .icra.in DLFC ybCeirt Pyh,a IsIe GI:NL 7499199D9PL1L C042749 Email:i nfo@icraindia.com Gurug-r1a2m2 0H0a2yr,a na Helpd+e9s1k.:9 354738909 RegisOtfefrie:cd e 7B 1O ,S- tatesHmoauns1 e4,8B ,a rakhRaomabNdae, w D el-h1i1 00T0e1:l.+ . 9 1.11.23357940-41 152317 RATING •RESEARCH • INFORMATION ICRA Annexure Discloofis nuforrem aptuirosnut aoRn etg ul3a0t itoohLfnei stRienggu larteiawodin tCshl au1os fe ParAao fP arAto fS chedIuIIol fte h Lei stRienggu laatniAdon nnse x1u8or fte h mea stceirr cular bearrienfge rneunmcbeSe ErB I/IIO//CPFoDD2/CIR/dPa/tN0eo1dv5 e5 m1b1e2,r0 2i4s subeyd SEBI S.NoP.a rtiocfuD liasrcsl osure Description 1. Namoeft htea rget enitnbi rtiDye2,fK Td eecthanioIllnsod Pgiriaie vsLa itmei( t"eDd2 K"), sucahss izteu,rn oevtecr. ac ompianncyo rpournadtteherCed o mpanies Act, 1956h,a ving ciodrepnotriafintcueam tbieorn U72900MH2030118P7T3C.J TurnofovreF rY2 6I:N 2R3 .c7r6o res 2. Whethtehrea cquiswiotuilfaodln lD 2Ki asr elaptaerbdte yin,ag ni ndisruebcsti diary withrienl aptaertdtr ya nsaacntdio ofIn C(RsLA)i mi(t"eIdC RbAy"v )i rotfuI eC RA whetthheperr omoptreorm/og treoruh po/l d6i0n%go fi tssh arehtohlrdoiIunCggRh A grocuopm pahnaivaeensi y n teirtneh seAt n alyLtiimci(st"e IdC ARnAa lytics"). entbietiyan cgq uiIrfye edns?a, t oufr e intearneddse tt ailsa nwtdhh eetrheeorf thsea mieds o nae"t a rml'esn gth" 3. Industtowr hyi cthh een tibteyi nIgnformaanctdoi momnu nication acqubierleodn gs 4. Objeacntdsi mpaocfta cquisUiptocinoo mnploeftt hipeor no paocsqeudi Ds2iKt ion, (inclbuudntio lntig m ittode,id s clwoisbluelrc eoamw eh ololwyn estde pn-s duobwsidiary ofreafosrao cnqsu iosfti atriegonentt io tfyI,CRA. iift bsu siinoseu stsst ihmdeae il nin oef busionfte hslesi setnetdi ty) 5. Brideeft aoifal nsyg overnmenotrNa olg overnmeonrrt eaglu laaptporrioyrsv e aqlu ired regulaaptporroyrv eaqlusfoi rrte hdefo rt haicsq uisition. acquisition 6. Indictaitmpieev refoi roc do mploeftTihoean c qiusitisi coonn tiunpgoesnnu tc cessful thaec quisition exeuctiothn et raosnafc ti otnh pebo ysdriiee.ts o 7. Consideratwihoent hcears Thh ceo nsidweirblaeplt a iiioncdn a sh considoersra htaisrowenao pra noyt her form andde toafti hlsesa me 8. Cosotfa cquiasnidtt/iohoprenr iactINe R 32c roforrea sc quiosfir teimoani4 n0i%ng whitchhse h aarreaesc quired sharehioDnl2 dKi.ng ICRA 9. Perceonfts ahgaer eh/oc lodnitnTrgho aelc quirseiptrieaos4 ne0 n%st hsa rdeihnoognal acquainr/deo dr n umboefsr h arfuelsld yi lubtaesdci osm,p ri4s,i0n0g,e 0q0u0i ty acquired shaorfeI sNR 10e acFho.l lotwhiaincsgq uisition, ICRAAn alyhtoil1cd0ss0 o%ft hseh acraep oift al D2K. 10. Bribeafc kgraobuontudht ee n tiDt2yKw asi ncorpoornaM taey4d ,2 00a1n,id s acquiinrt eedro mfps r oducotfsh /elaidnqeu ianMr utmebrMaeaidh, a raIsnhdtDir2aaK., busineascsq uirdeadt,e o fi esn gaignteh dbe u sionfpe rsosv ibdainnkagin ndg incorpohriasttoioflor any3s, y t e arfisn anscoel utsiooftnwssa,er rev tiobc aensak nsd turnovceoru,n tmr wyh icthh eo thfienra nicnisatli ctourtpiooerntasc,t. e s, acqueinrtehidat psyr esaennadcn ey othseirg niifincfoarnmt(a itbniri oenf)T urnofovreF rY2 6INR: 23.c7r6o res TurnovfoerFr Y2 5I:NR 2 5.c0r5o res TurnovfeoFrrY2 4INR: 18.c5r8o res