Zota Health Care LImited — Important, 30-01-2025: Memorandum of Understanding/Agreements

Zota Health Care Limited has announced a board meeting on the execution of a Memorandum of Understanding with Mr. Rajesh Vanechand Kubadiya for the acquisition of an additional 9.98% stake in Everyday Herbal Beauty Care Private Limited (EHBCPL), bringing its total shareholding in the subsidiary to 65.98%. This move supports the company's backward integration strategy. Investors may view this development positively, as it enhances Zota's control over EHBCPL and could improve overall operational efficiency, thus strengthening the company's market position.