COSMO FIRST LIMITED — Important, 19-04-2025: General Updates

Cosmo First Limited has entered a definitive agreement to acquire the "Small Animal Clinic-Diagnostic Imaging and Surgical Center" in Mumbai as a going concern through a slump sale. This acquisition, valued at an undisclosed amount, is expected to be completed by May 15, 2025. The clinic has generated sales revenue of Rs. 1.87 Cr for FY 24-25. The acquisition aligns with the company’s strategy to enhance its Petcare division, Zigly, by accelerating growth in veterinary services. This strategic move could present new opportunities for the company in the expanding petcare market, suggesting a positive outlook for shareholders.