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OMAXE LIMITED Capital/Financing Update 2024

Jun 3, 2024

62271_rns_2024-06-03_75f061bf-5076-4b08-9834-42b364b3e90c.pdf

Capital/Financing Update

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Digitally signed by D B R SRIKANTA DN: c=IN, o=Personal, 2.5.4.20=a2ba70cf355ac499daae62c06 D B R 8d90f932068246301804c30fc6d2c217 48ed8fa, postalCode=201301, st=Uttar Pradesh, serialNumber=6890153955fb585ed0c SRIKANTA 1617aa74f7a6c69450b25402ca2ec880 42f33567f2a08, cn=D B R SRIKANTA Date: 2024.06.03 17:00:03 +05'30'

			AnnexureA ~
S.No.	Particulars		Details
I	Nameofthe target entity, detailsinbriefsuchassize, turnover etc.	Nameofthe target Entity: lnditrade Capital LimitedStandalone Turnover 31"March2024:INR1429.60LakhsConsolidatedTurnover31"March2024: 16232.04 LakhsNo, the said acquisition does notfallwithinrelatedpartytransaction(s)andnoneofthe promoter/ promoter group/group companieshaveanyinterestintheentitybeingacquired.
2	Whether the acquisition wouldfallwithinrelated party transaction(s)andwhetherthepromoter/promotergroup/groupcompanies have any interestinthe entitybeing acquired? If yes, natureofinterestanddetails thereofandwhether the sameisdone at"arm's length''.
3	Industrytowhichtheentity being acquiredbelongs	Thetarget Companyisprimarily engagedinthebusinessoffinancial services, commodity broking, direct insuranceagents, marketing support services; e-commerceinrural areasanddealingincommodities.
4	Objectsandeffectsof...acquJsltiOn(including·butnotlimited to, disclosureofreasons for acquisitionoftarget entity, ifitsbusinessisoutside the mainlineofbusinessofthe listed entity)	The Companyhasacquired 33,33,400 equity sharesinthetargetCompanybywayofinvocationofpledge subsequenttodefauIt/breach of termsofMemorandumofUnderstanding(MOU) executed amongthe Company (Acquirer) I nditradeCapital Limited (Target Company)andJunoMonetaTechnologies Private Limited (Pledger /PromoterofTargetCompany). The proceeds fromsaleofshareswillbeutilizedtorealize the duesintermsofaforementioned MOU.
5	Brief detailsofany governmentalorregulatory approvals requiredfortheacquisition.	NotApplicable.
6	Indicative time periodforcompletionofthe acquisition	03.06.2024
7	Natureofconsideration-whether cashconsideration or share swap oranyotherformand details ofthe same.	Shareshavebeenacquiredbywayofinvocationofpledgedshares.
8	Costofacquisition and/or the priceatwhich the shares are acquired	Shareshavebeenacquiredbywayofinvocationofpledgedshares.
9	Percentageofshareholding_I_controlacquired and_I_ornumberofshares acquired	33,33,400 Equity Sharesoflnditrade Capital Limitedrepresentinl2. 14.27%ofPaid-up Equity Share Capital.
10	Brief background about the entity acquiredintermsofproducts/lineofbusiness	Inditrade Capital Limited ("the Target Company")isa publiccompany limitedbyshares incorporatedon07.IO.I994and
acquired, dateofincorporation, historyoflast 3 years turnover, countryinwhich theacquired entityhaspresenceandanyothersignificant information(inbrief)		, domiciledinIndia withitsRegistered OfficeinSecond Floor,M E S Building, Kaloor, Ernakulam, Kochi, Kerala, India,682017. The equity sharesofthe companyarelistedonBSELtd.Thetarget Companyisprimarily engagedinthebusinessoffinancial services. commodity braking, direct insuranceagents, marketing support services, e-commerceinrural areasanddealingincommodities.Turnover (standalone)forthe last three financial years:YearStandalone(InLakhs)2023-241429.602022-23II I1.442021-22427.17

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OMAXE LIMITED — Capital/Financing Update 2024

62271_rns_2024-06-03_75f061bf-5076-4b08-9834-42b364b3e90c.pdf

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