Acquisition announced

for subscribing to at least 26% of the total paid-up equity share capital of Hexa Energy MH3 Private Limited. 17.45% of the issued and paid-up equity share capital of Hexa MH3, for a total consideration of Rs. Rs. 4,15,80,000 (Rupees Four Crore Fifteen Lakh Eighty Thousand Only).

An acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.

• Consideration and how it is funded
• Revenue and profit of the target
• Expected completion date
• we are trying to achieve, if not beyond 40%, we'd like to close to 40%. (management committed by FY27)
• we are very, very confident that we can evacuate the full 22 million tons that is required under the EC in thi (management committed by FY26)