Farmico International to Acquire 25.36% Stake in Simandhar Impex for Rs. 30/- per Share

Farmico International Private Limited has agreed to acquire up to 7,75,310 equity shares of Simandhar Impex Limited, representing 25.36% of the fully paid-up equity and voting share capital, at a price of Rs. 30/- per Share. The acquisition is being made through an Open Offer under Regulation 3 (1) and 4 of SEBI (SAST) Regulations, 2011. The equity shares of the Target Company are listed on BSE Limited. The Open Offer is triggered pursuant to the execution of the Share Purchase Agreement dated 14th January, 2026, between Farmico International and the existing promoter and promoter group of Simandhar Impex. The Offer represents 25.36% of the voting share capital of the Target Company.