General Updates

Nectar Lifesciences Ltd. Ref No.: NLL/CS/2026- WFH August 04, 2026 1. National Stock Exchange of India Limited 2. BSE Limited Listing Department, Corporate Relationship Department, Exchange Plaza, Bandra Kurla Complex, P J Towers, Dalal Street, Bandra (E), Mumbai 400 051 Mumbai 400 001 Symbol: NECLIFE Scrip Code: 532649 Sub.: Sale and Surrender of Leasehold Rights in Land Situated in Jammu Ref.: Regulation 30 of the Securities and Exchange Board of India ("SEBI") (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("LODR Regulations") Dear Sir/Madam, Pursuant to Regulation 30 of the LODR Regulations read with the SEBI Master Circular bearing reference no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, as amended ("Master Circular"), we wish to inform you that Nectar Lifesciences Limited ("Company") has executed a Deed of Surrender and Sale of Leasehold Rights in respect of the land, together with the structures standing thereon, pertaining to Narbada Industries, a wholly owned unit of the Company, in favour of M/s. Shree Balaji Cold Chain & Storage Services ("Purchaser") for a consideration of INR 9,60,00,000/- (Indian Rupees Nine Crore Sixty Lakhs only). Further, the plant and machinery situated at the said premises have also been sold to the Purchaser for a consideration of INR 1,62,00,000/- (Indian Rupees One Crore Sixty-Two Lakhs only), plus applicable taxes. The Narbada Industries was inoperative and the said assets constituted non-core assets of the Company. The relevant details/disclosures in relation to the aforesaid transaction, as required under Regulation 30 of the LODR Regulations read with the Master Circular, are provided in Annexure Kindly take the same on record. Thanking you, Yours faithfully, For Nectar Lifesciences Limited (Sanjaymohan Singh Rawat) Company Secretary & Compliance Officer Corporate Office: Plot No. 110, Industrial Area, Phase 1, Chandigarh 160 002, INDIA Registered Office: Showroom no. 8, First Floor, Patiala Complex, Barwala Road, Dera Bassi, Distt. S.A.S Nagar, Punjab- 140 507, INDIA Website: www.neclife.com, E-mail: nectar.info@neclife.com CIN: L21000PB1995PLC016664 Nectar Lifesciences Ltd. Annexure A The details of the Transaction as required pursuant to Regulation 30 of the SEBI LODR Regulations read with SEBI Master Circular S. Details Disclosure a) The amount and percentage of the (i) The investment in the Business is INR turnover or revenue or income and 217.69 Lakhs which constitutes 0.37% of net worth contributed by such unit net worth of the Company as on March 31, or division or undertaking or 2026; and subsidiary or associate company of (ii) The revenue or income generated by the the listed entity during the last Business is INR 0.00 Lacs which constitutes financial year 0.00% of total revenue/ income of the Company during financial year 2025-26. b) Date on which the agreement for August 04, 2026 sale has been entered into c) The expected date of completion The transaction completed on August 04, 2026 of sale/disposal d) Consideration received from such INR 9,60,00,000/- (Indian Rupees Nine Crore sale/ disposal Sixty Lakhs only) for sale and surrender of lease of rights. INR 1,62,00,000/- (Indian Rupees One Crore Sixty-Two Lakhs only), plus applicable taxes for sale of plant and machinery. e) Brief details of buyers and whether M/s Shree Balaji Cold Chain & Storage any of the buyers belong to the Services (“Purchaser”) promoter/ promoter group/group companies. If yes, details thereof The Purchaser does not belong to the promoter/ promoter group/ group companies of the Company. f) Whether the transaction would fall No, the Transaction is not a related party within related party transactions? If transaction. yes, whether the same is done at “arm’s length”; g) Whether the sale, lease or disposal Not Applicable of the undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of the SEBI LODR Regulations. Corporate Office: Plot No. 110, Industrial Area, Phase 1, Chandigarh 160 002, INDIA Registered Office: Showroom no. 8, First Floor, Patiala Complex, Barwala Road, Dera Bassi, Distt. S.A.S Nagar, Punjab- 140 507, INDIA Website: www.neclife.com, E-mail: nectar.info@neclife.com CIN: L21000PB1995PLC016664