GMM PFAUDLER LTD. - Announcement under Regulation 30 (LODR)-Updates on Acquisition

Update on acquisition of balance 46% shareholding of existing overseas subsidiary, GMM International S.??.r.l. from Pfaudler International S.??.r.l. (part of the private equity firm Deutsche Beteiligungs AG Fund VI) and Millars Concrete Technologies Private Limited further to our letter dated August 4, 2022 and subsequent communications.