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(As on Dec 20, 2024, 15:39)

Kiran Vyapar - Announcement under Regulation 30 (LODR)-Updates on Acquisition

With reference to earlier intimation made on 7th March, 2024 and 13th November, 2024 (Copy of intimation attached), for acquisition of 100% of the equity shareholding in Peepul Tree Capital Pte. Ltd. (\PTCPL\) a Private Limited Company incorporated in Singapore, from River Valley Asset Management Pte. Ltd (\RVAMPL\), a private limited Company incorporated in Singapore and Subsequently to make further subscription for a total consideration (i.e. towards acquisition and /or further subscription) not exceeding Rs. 100 crores (Indian Rupees One Hundred Crores), please be informed that the Company has made payment of US Dollar 100 (equivalent to INR 8460/-) to River Valley Asset Management Pte. Ltd (\RVAMPL\) and completed the acquisition of 100% of the equity shareholding in Peepul Tree Capital Pte. Ltd (\PTCPL\) on 20th December, 2024.

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