Vinati Organics Ltd. — M&A Activity 2021

Parinee Crescenz,o, "A" Wing, (102, Ilth Floor, "G" Block, Plot No. C38 & C39, Behind MCA, Bandra Kurla Complex, Bandra(E),Mumbai - 400 051, India. Phone : 91-22-6124 0444 / 6124 0428 Fax : 91-22-6(240438 E-mail : [email protected] Website : www.vinatiorganics.com CIN : L24116MH1989PLCO52224

Date : 03.02.2021

The Stock Exchange, Mumbai (Listing Department) P. J. Towers, it Floor, Dalai Street, Mumbai –400 001. National Stock Exchange of India Ltd. Listing Department, Exchange Plaza, Plot No. C/1, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai – 400 051.

Scrip Code: 524200

NSE Symbol: VINATIORGA / Series: EQ

Dear Sir/Madam,

VINATI ORGANICS LIMITED — UPDATE- Under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

We wish to update herewith that the Board of Directors of VOL has approved a scheme of amalgamation of Veeral Additives Private Limited (VAPL) into Vinati Organics Limited (VOL) in their meeting held on February 2, 2021.

• VAPL is into the business of manufacturing Antioxidants (AO's) AO 1010, AO 1076, AO 168.
• India has a demand of 10000 MT for these AO's and the global demand is around 300000 MT. VAPL has a capacity of 24000 MT per anum.
• The acquisition of VAPL is a forward integration for VOL as Butyl Phenols will be the key raw materials to manufacture these AO's. After the acquisition, VOL will be largest and the only integrated manufacturer of these AO's in India.
• This acquisition will allow VOL to add a new revenue stream of specialty chemicals which have good growth potential both globally as well as domestically. The growth is driven by increased consumption of various plastics like LDPE, LLDPE and PP etc.
• VAPL has the potential to clock Rs. 500 crores in revenue (Rs. 300 crores incremental revenue) for VOL.

Request you to kindly take the above on record and acknowledge the receipt.

Thanking you,

Yours faithfully, For Vinati Organics Limited

Milind Wagh Company Secretary/Compliance Officer

End: As above

Lote Works : Plot No. A-20, MIDC Industrial Area, Lote Parashuram 415 722 Tal. Khed, Dist. Ratnagiri, Maharashtra, India. Phone : (02356) 273032 - 33 • Fax: 91-2356-272448 • E-mail: [email protected] Regd. Office & Mahad Works : B-12 & B-13/1, MIDC Industrial Area, Mahad 402 309, Dist. Raigad, Maharashtra, India. Phone : (02145) 232013/14 • Fax : 91-2145-232010 • E-mail: [email protected]