Anupam Rasayan India Ltd. Approves Acquisition of Monitchem Kansas S.a 1.1 and Its Subsidiaries

Anupam Rasayan India Limited has approved the acquisition of Monitchem Kansas S.a 1.1 (Target) and its subsidiaries, namely: Kansas HoldCo Inc.; Kansas HoldCo 1, Inc.; and Jayhawk Fine Chemicals Corporation (Target Group). The acquisition was approved in a board meeting on 9 December 2025, and the Sale and Purchase Agreement was executed on the same date. The Company has approved an investment of up to Rs. 4,500 crores for this acquisition. The Company has also approved the assignment of its rights to acquire the entire shareholding of the Target under the SPA to Doriath S.a r.1., a wholly owned subsidiary of the Company. The Company has also approved the entry into and consummation of transactions contemplated under certain credit facilities and an External Commercial Borrowing (ECB) Facility. The proceeds of these facilities will be used to fund the partial consideration for the acquisition and to make an Overseas Direct Investment in the Acquire Co.