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(As on Dec 27, 2024, 14:26)

AK Spintex L - Board Meeting Outcome for OUTCOME OF BOARD MEETING HELD ON FRIDAY DECEMBER 27, 2024

This is to inform you that The Board of Directors at its Meeting held on today i.e. Friday December 27, 2024 at 12:00 P.M. and concluded at 02:00 P.M. at the registered office of the company inter-alia, unanimously transacted the following business(s):-\r\n1. Approved and adopted the policy on Material Subsidiary of the Company.\r\n2. Disclosure of information pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 \r\nAcquisition of 100% of the securities of Sunrakshak Agro Products Private Limited ('SAPPL') from the current shareholders of SAPPL and subscription to a certain number of Equity Shares by A. K. SPINTEX LIMITED (The Company)\r\nOn the back of exponential growth opportunity and with an objective of exploring new business opportunities, A. K. Spintex Limited, has decided to acquire 100% of the Equity Shares of Sunrakshak Agro Products Private Limited ('SAPPL').\r\n\r\n\r\n

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