Vivro Financial Services Pvt Ltd ("Manager to the Open Offer") has submitted to BSE a copy of Post Offer Advertisement in accordance with Regulation 18(12) of the Securities Exchange Board ....

POST OFFER ADVERTISEMENT IN ACCORDANCE WITH REGULATION 18(12) OF THE SECURITIES EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011, AS AMENDED, (“SEBI (SAST) REGULATIONS”) WITH RESPECT TO THE OPEN OFFER TO THE PUBLIC SHAREHOLDERS OF REKVINA LABORATORIES LIMITED Registered Office: 36, Sampatrao Colony, Next to Royal Hotel, Alkapuri, Vadodara - 390007, Gujarat, India. CIN: L24231GJ1988PLC011458 | Tel. No: (+91) 265-2362966 / 2362319 Email: info@rekvinalaboratories.com | Website: www.rekvinalaboratories.in OPEN OFFER FOR THE ACQUISITION OF UP TO 28,90,100 (TWENTY EIGHT LAKHS NINETY THOUSAND ONE HUNDERED) FULLY PAID-UP EQUITY SHARES OF FACE VALUE OF ?5/- (RUPEES FIVE ONLY) EACH (“EQUITY SHARES”) REPRESENTING 26% (TWENTY SIX PERCENTAGE) OF THE EXPANDED SHARE CAPITAL (AS DEFINED BELOW) OF REKVINA LABORATORIES LIMITED (“TARGET COMPANY”) FROM THE PUBLIC SHAREHOLDERS (AS DEFINED BELOW) BY SURBHIT MUKESH SHAH (“ACQUIRER 1”), AMIT MUKESH SHAH (“ACQUIRER 2”), DHRUVALKUMAR PATEL (“ACQUIRER 3”), (ACQUIRER 1 , ACQUIRER 2, AND ACQUIRER 3 ARE COLLECTIVELY REFERRED AS “ACQUIRERS” ) PURSUANT TO AND IN COMPLIANCE WITH REGULATION 3(2) AND 4 READ WITH OTHER APPLICABLE PROVISIONS OF SEBI (SAST) REGULATIONS (“OPEN OFFER” OR “OFFER”). This Post Offer Advertisement (“Post Offer Advertisement”) is being issued by Vivro Financial Services Private Limited, (“Manager to the Offer”), for and on behalf of the Acquirers pursuant to Regulation 18(12) of the SEBI (SAST) Regulations. The Detailed Public Statement (“DPS”) with respect to the aforementioned offer was published on March 24, 2026, in the Financial Express (English) (All Editions), Jansatta (Hindi) (All Editions), Financial express (Gujarati) (Ahmedabad/Vadodara Edition) and Navshakti (Marathi) (Mumbai Edition) (“Newspapers”). The post-offer advertisement shall be read in continuation of and in conjunction with: a) The public announcement dated March 16, 2026 (“Public Announcement” or “PA”); b) The detailed public statement dated March 23, 2026 and published in newspapers on March 24, 2026 on behalf of the Acquirers in the Financial Express (English) (All Editions), Jansatta (Hindi) (All Editions), Financial express (Gujarati) (Ahmedabad/Vadodara Edition) and Navshakti (Marathi) (Mumbai Edition). c) The letter of offer dated June 20, 2026 (“Letter of Offer” or “LoF”); and d) The pre-offer advertisement cum corrigendum dated June 29, 2026 which was published on June 30, 2026 in Financial Express (English) (All Editions), Jansatta (Hindi) (All Editions), Financial express (Gujarati) (Ahmedabad/Vadodara Edition) and Navshakti (Marathi) (Mumbai Edition). This Post-Offer Advertisement is being published in all such newspapers in which the DPS was published. Capitalized terms used but not defined in this Post Offer Advertisement shall have the same meanings assigned to such terms in the Letter of Offer. The Public Shareholders of the Target Company are requested to kindly note the following information with respect to the Open Offer: No . Particulars Details 1 . Name of the Target Company: Rekvina Laboratories Limited 2 . Name of the Acquirers / PAC: Surbhit Mukesh Shah( “Acquirer 1”), Amit Mukesh Shah (“Acquirer 2”),a nd Dhruvalkumar Patel (“Acquirer 3”). 3 . Name of the Manager to the Offer: Vivro Financial Services Private Limited 4 . Name of the Registrar to the Offer: Purva Sharegistry (I) Private Limited 5 . Offer Details a . Date of Opening of the Offer: Wednesday, July 1, 2026 b . Date of Closure of the Offer: Tuesday, July 14, 2026 6 . Date of Payment of Consideration: Thursday, July 23, 2026 7 . Details of Acquisition Proposed in the Offer S Nr Particulars D ao cc cu em pte an nt ( eA is ns tu hm i Ong efu r)ll Actual 7.1 Offer Price ?10/- ?10/- 7.2 Aggregate number of Equity Shares tendered 28,90,100 14,41,863 7.3 Aggregate number of Equity Shares accepted 28,90,100 14,41,863 7.4 Size of the Offe r(Number of Equity Shares multiplied by Offer ? 2,89,01,000/- ?1,44,18, 630 Price per Equity Share) 7.5 Shareholding of the Acquirers and PAC before Agreements / Public Announcement (cid:63) Number of Equity Shares a . Acquire r1 9,17,607 9,17, 607 b . Acquirer 2 8,27,883 8,27, 883 c . Acquirer 3 Nil Nil Sub-tota l 17,45,490 17,45, 490 (cid:63) % of Equity Share Capita l a . Acquire r1 15.22 15 .22 b . Acquirer 2 13.73 13 .73 c . Acquirer 3 0.00 0 .00 Sub-tota l 28.96 28 .96 7.6 Shares purchased by way of Share Exchange and Purchase Agreement dated March 16, 2026.(a) (cid:63) Numbe r a ) Acquire r1 15,56,250 15,56, 250 b ) Acquirer 2 21,81,250 21,81, 250 c ) Acquirer 3 2,22,562 2,22, 562 Sub-tota l 39,60,062 39,60, 062 (cid:63) % of Expanded Share Capital a ) Acquire r1 14.00 14 .00 b ) Acquirer 2 19.62 19 .62 c ) Acquirer 3 2.00 2 .00 Sub-tota l 35.63 35 .63 7.7 Equity Shares Acquired by way of Open Offer (cid:63) Number of Equity Shares acquired a ) Acquire r1 12,70,000 5,43,570 b ) Acquirer 2 7,30,000 8, 293 c ) Acquirer 3 8,90,100 8,90, 000 Sub-tota l 28,90,100 14,41, 863 (cid:63) % of Expanded Share Capital a ) Acquire r1 11.43 4 .89 b ) Acquirer 2 6.57 0 .07 c ) Acquirer 3 8.01 8.01 Sub-tota l 26.00 12 .97 7.8 Shares acquired after Detailed Public Statement (cid:63) Number of shares acquired Nil Nil (cid:63) Price of the shares acquired Nil Nil (cid:63) % of Fully Diluted Equity Share Capital Nil Nil 7.9 Post offer shareholding of Acquirers and PAC(b) (c) (cid:63) Number of Equity Shares a . Acquirer 1 37,43,857 30,17, 427 b . Acquirer 2 37,39,133 30,17, 426 c . Acquirer 3 11,12,662 11,12, 562 Sub-Tota l 85,95,652 71,47, 415 (cid:63) % of Expanded Share Capital a . Acquirer 1 33.68 27 .15 b . Acquirer 2 33.64 27 .15 c . Acquirer 3 10.01 1 0.01 Sub-tota l 77.33 64.30 7.10 Pre & Post offer shareholding of the Public Pre-Offer Post-Offer Pre-Offer Post-Offer (cid:63)Number 35,38,517 11,08,417 35,38,517 25,56,654 (cid:63)% of Fully Diluted Equity Share Capital 58.70 9.97 58.70 23.00 (a) The Underlying Transaction contemplated under SEPA shall be consummated post receipt of BSE approval for the proposed Preferential Issue for consideration by way of swap of shares. (b) Assuming consummation of Underlying Transaction and allotment of following Equity Shares by the Target Company: No. o f securities being issued at Type of Total Consideration against issue of Name of Investor ?10/-per share of the Target securities shares by way of swap of shares at Company. being issues ? 25/-per share of Radian t. 1 Surbhit Mukes h Shah 15,56,250 Equity Shares * 6,2 2,500 2 Amit Mukesh Shah 21,81,250 Equity Shares 8,72,500 3 Ami Amit Shah 3,33,845 Equity Shares 1,33,538 4 Krima Surbhit Shah 3,33,843 Equity Shares 1,33,537 5 Dhruvalkumar Patel 2,22,562 Equity Shares 89,025 Total 46,27,750 18,51,100 *Including 1 share each held by Ujaas Patel and Kishan Patel on behalf of Surbhit Mukesh Shah to comply with section 3(1)(a) of the Companies Act, 2013. (c) Acquirer – 1 and Acquirer – 2 are the existing members of the Promoter and Promoter Group of the Target Company and Acquirer-3 shall be classified as the joint Promoter along with existing members of the Promoter and Promoter group. Further, the shareholding of Acquirers along with other members of the Promoter and Promoter group, post completion of Open Offer and after the acquisition of Subscription Shares under the Underlying Transaction shall be 85,59,096 Equity Shares representing 77.00% of the Expanded Share Capital of the Target Company. 8. The Acquirers severally and jointly accept full responsibility for the information contained in this Post Offer Advertisement and also for obligations under the SEBI (SAST) Regulations. 9. A copy of this Post Offer Advertisement will be available on the websites of SEBI at www.sebi.gov.in, BSE Limited at www.bseindia.com and Manager to the Offer at www.vivro.net ISSUED BY MANAGER TO THE OFFER ON BEHALF OF THE ACQUIRERS AND PAC: VIVRO FINANCIAL SERVICES PRIVATE LIMITED Vivro House, 11 Shashi Colony, Opp. Suvidh [Showing first 8,000 characters — download PDF for full document]