Acquisition of 90% Shareholding in Sunset Spaces Private Limited (SSPL)

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 have always had our EBITDA margins of 30-35% as a target for acquiring projects. (management committed by FY27)
• most likely the surplus capital that we have currently will be fully deployed in this financial year. (management committed by FY27)