GUJARA T TERCE LABORATORIES LIMITED

Date: 09.09.2019

To, Corporate Relations Department, Bombay Stock Exchange Limited, 2nd Floor, P.J Towers, Dalal Street, Mumbai-400 001

Scrip Code: 524314

Dear Sir,

Ref: Disclosure Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Sub.: Intimation of Incorporation of a LLP.

In reference to the above caption subject, we are pleased to inform your esteemed exchange that the company has successfully incorporated Terce Wellness LLP, Associate Company as per section 2(6) of the companies Act, 2013.

Terce Wellness LLP is formed with an audacity to be driven by the step change in the Pharmaceutical Industry. As we are in the Pharmaceuticals industry, Terce Wellness is being built with a passion to launch new range of Pharmaceuticals, Nutraceuticals, and Herbal product and shape the future of customer Experience.

The details as required under SEBI (Listing Obligations & Disclosure Requirements), 2015 read with SEBI Circular No. CIRICFD/CMD/04/20 15 dated 09th September, 2015 is enclosed as Annexure I.

Kindly take a note of the same and update your records.

Thanking you,

Yours faithfully, Gujara e Laboratories Limited

Dpkumarre Company Secretary and Compliance Officer

End.: As Above

Regd. Office & Factory: 122/2 Ravi Estate, Bileshwarpura, Admn. Office: 0/801 & 802, The First, Behind Keshavbaug Party Plot,

Chhatral, Ta. : Kalol, Dist. : Gandhinagar (Gui.) INDIA. Near Shivalik High-street, Vastrapur, Ahmedabad-380015 Gujarat.(INDIA) s Ph.: 079-48933701

Ph.: 02764-233182 E.mail : gtll.factory@gmail.com Email : ho@gujaratterce.com • Web. : www.gujaratterce.com

GIN : L28112GJ1985PLC007753

GUJARA T TERCE LABORATORIES LIMITED

Annexure I Sr. No. Details to be disclosed

___

Information of such disclosure

Name of the target entity Terce_ Wellness _LLP Whether the acquisition would fall within related party transaction(s) Terce Wellness LLP is Associate Company of

and Gujarat Terce Laboratories Ltd in which Gujarat

Whether the promoter! promoter group! Terce Laboratories Ltd (holding 50%) and Mr.

2 group companies have any intertest in Kishorbhai Damjibhai Bhanushali (holding

the entity being acquired? If yes, nature 50%)

of interest and details thereof and The above transaction is carried out at Arm's whether the same is done at "arm's Length Price.

length,,. Industry to which the entity being

Pharmaceuticals acquired belongs To carry on the business of manufacture, sell, deal, export and import pharmaceuticals formulations in all types of Chemicals, Drugs, Pharmaceuticals, Nutraceutical, allopathic, Herbal, Ayurvedic, Cosmetic and other intermediaries used for treatment, cure and health care of human beings and animals in all forms in all forms such as capsules, tablets, powders, ointments, syrups, injectable, granules sprayers, inhalers etc. And Manufacturer,

4 Objects and effects of acquisition Exporter, Importer, Whole Sale and Retails Sellers, Dealers in and to do Research and Development in Chemicals, Drugs, Pharmaceuticals, Nutraceutical, allopathic, Herbal, Ayurvedic, Cosmetic products and its intermediates.

With Terce Wellness LLP, the company will launch new range of Pharmaceuticals, Nutraceuticals and Herbal product in the Market. This will help the company to expand its goodwill in the Market.

Brief details of any governmental or 5 regulatory approvals required for the Not Applicable

acquisition

6 Indicative time period for completion Not Applicable for the acquisition Nature of consideration-whether cash

7 consideration or share swap and details Cash of the same.

Regd. Office & Factory : 122/2 Ravi Estate, Bileshwarpura, Chhatral, Ta. : Kalol, Dist. : Gandhinagar (Gui.) INDIA. Ph.: 02764-233182 0 E.mail : gtll.factory@gmail.com CIN : L28112GJ1985PLC007753

Admn Office 0/801 & 802 The First Behind Keshavbaug Party Near Shivalik High-street, Vastrapur, Ahmedabad-380015 Gujarat.(INDIA)• Ph.: 079-48933701 E.maiI : ho@gujarafterce.com a Web. : www.gujaratterce.com

GUJARA T TERCE LABORATORIES LIMITED

8 Cost of acquisition or the price at which the shares are acquired

The company has contributed Rs. 50,0001- and total contribution of Rs. 1,00,000/- towards LLP formation.

Percentage of shareholding/ control 9 acquired and/or number of shares The company holds 50% stake in the LLP

acquired Date of Incorporation of LLP: 091h September, 2019.

Country in which the entity has presence:

Brief background about entity acquired Registered Office situated in Gujarat, India.

in terms of products/line of business acquired, date of incorporation, history Terce Wellness LLP aims to launch new range

10 of last 3 years turnover, country in which of Pharmaceuticals, Nutraceuticals, and Herbal

the acquired entity has presence and any product to facilitate communication, improve

other significant information (in brief) productivity and provide value added services to consumers.

As the LLP has been incorporated 09th

September, 2019, it is yet to commence its operations.

Regd. Office & Factory: 122/2 Ravi Estate, Bileshwarpura, Admn. Office: D/801 & 802, The First, Behind Keshavbaug Party Plot,

Chhatral, Ta. : Kalol, Dist. : Gandhinagar (Guj.) INDIA. Near Shivalik High-street, Vastrapur, Ahmedabad-380015 Gujarat.(INDIA)* Ph.: 079-48933701

Ph.: 02764-233182 0 E.mail : gtll.factory@gmail.com E.mail : ho@gujaratterce.com e Web. : www.gujaratterce.com

CIN : L28112GJ1985PLC007753