'Submission of Letter of Offer pursuant to Buyback through tender offer route'

Submission of Letter of Offer pursuant to Buyback through tender offer route'. proportionate basis through tender offer route (“Buyback”), pursuant to the Securities. (“Buyback Regulations”).

A buyback returns cash by retiring shares, so the benefit to a holder depends on the price paid, how many of their shares are accepted, and what the stub is worth afterwards.

• Record date and acceptance ratio
• Promoter participation
• Cash left on the balance sheet afterwards
• At least by exit of this year, we should aim at double digit volume growth. (management committed by FY27)
• Backed by our strong portfolio, expanding presence across emerging channels and continued brand investments, w (management committed by FY27)