Phaarmasia Ltd — Important, 13-09-2025: Company Update

Phaarmasia Ltd. is seeking shareholder approval via a postal ballot to sell its Unit 1 land and building in Hyderabad. This property, a substantial company undertaking, will be sold for at least 25 Cr to Mr. Mavuluri Shyam Prasad, Mrs. Mavuluri Raga Sudha, and/or M/s MSP LAB INSTRUMENTS PRIVATE LIMITED. The board endorses this move to optimize the asset portfolio, reduce debt, fund capital expenditure, and meet working capital needs, ultimately aiming to enhance shareholder value. Shareholders cast their votes electronically.