Innova Captab Limited — Important, 20-01-2025: Disclosure of material issue

Sharon Bio-Medicine Limited, a material subsidiary of Innova Captab Limited, has approved the sale of a property measuring 2,280.00 sq meters located at W-34 and W34/1 MIDC Taloja, Raigad, Maharashtra. An agreement for the sale has been executed, signaling strategic action in asset management. This move may enhance liquidity and could provide funds for further investments or operational enhancements. Investors should consider the implications of this asset divestiture on the subsidiary's financial strategy and overall company outlook, as it demonstrates a proactive approach in responding to market conditions. Watch closely for developments regarding how these funds will be utilized moving forward.