Orient Bell Limited has incorporated a Wholly-Owned Subsidiary Company named as Cestrum Enterprises Private Limited on June 27, 2024. Authorized Capital: INR 10,00,000/- Subscribed Capital: INR 1,00,000/-. Cestrum Enterprises Private Limited being Wholly Owned Subsidiary of Orient Bell Limited falls within the purview of Related Party.

Industry to which the entity being acquired belongs.: Tiles, Sanitaryware and allied products. Objects and effects of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity). To carry out the business of import export, trading of Tiles, Sanitaryware and allied products.

Nature of consideration - whether cash consideration or share swap and details of the same. Share subscription amount: INR 1,00,000/- (Rupees One Lakh only) i.e 10,000 equity shares of INR 10/- each. Cost of acquisition or the price at which the shares are acquired.

100% subscription to the equity share at face value. Percentage of shareholding /control acquired and /or number of shares acquired. 100%.