Coromandel International Limited — Important, 24-10-2024: Updates

Coromandel International Limited has approved the acquisition of an additional 6.67% equity stake in Coromandel Crop Protection Philippines Inc., raising its total shareholding to 100%. The investment will involve up to USD 90,000 and will result in CCPP becoming a wholly owned subsidiary. This transaction is classified as a related party transaction and is expected to complete by March 31, 2025, pending regulatory approvals. CCPP specializes in marketing and trading agricultural supplies.