Variman Global Enterprises Ltd — Important, 10-12-2025: Company Update

Variman Global Enterprises has withdrawn its proposal to acquire 7,600 equity shares of Cultnerds IT Solutions Private Limited. The company had previously approved this acquisition through a share-swap mechanism. However, the planned share-swap issuance did not come to fruition and has subsequently lapsed. Consequently, this strategic acquisition will not be completed as initially intended, marking a change in the company's previously announced plans.