Pursuant to the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that the Company has today (March 30 2023) acquired: I. 2 00 00 000 non-cumulative redeemable preference shares at ? 10 each at par and II. 27 19 000 equity shares of ? 10 each with premium of ? 100.34 each (total ?110.34 per shares) aggregating to ? 50 cr (including ? 37 cr from the proceeds of the recently completed rights issue of the Company) of Amal Speciality Chemicals Ltd (ASCL) wholly-owned subsidiary company of the Company. Kindly acknowledge the receipt and inform the members of the stock exchange.
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