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This is to inform that Alok Industries International Limited, a step down wholly owned subsidiary of the Company, has informed today i.e., on December 16, 2025, entered into Share Purchase Agreement with CRESCON, a.s. for sale of its 100% equity stake in Mileta a.s. for an aggregate cash consideration of EUR 558,825. Upon completion of the sale, Mileta a.s. will cease to be a subsidiary of the Company.  |SUBJECT: Diversification/Disinvestment

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Mb Buch

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