Chemo Pharma: Acquirer Atibha Agriseeds to Acquire 26.00% Stake for 24,29,00,000.00/-

Atibha Agriseeds Private Limited, the acquirer, has announced an Open Offer for the acquisition of up to 3,90,000 Offer Shares representing 26.00% of the Voting Share Capital of Chemo Pharma Laboratories Ltd from its Public Shareholders. The Offer Price is 2110.00/- per Offer Share, payable in cash, assuming full acceptance. This Offer is triggered in compliance with the provisions of Regulations 3 (1), and 4 of the SEBI (SAST) Regulations, pursuant to the execution of the Share Purchase Agreement dated Tuesday, February 18, 2025. The Committee of the Independent Directors of Chemo Pharma has published their recommendations for the aforesaid Offer.