Pursuant to Regulation 30 read with Schedule III, Part A, Paragraph A(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Saraswati Commercial (India) has informed that the Company, acting as an Anchor Investor, has agreed to invest in the Initial Public Offering of Equity Shares of Pine Labs. The Company has subscribed to 6,78,777 equity shares at a price of Rs. 221 per share, amounting to a total investment of Rs. 15,00,09,717 under the Anchor Investor category. The payment for the aforesaid investment was made on 6th November 2025 and the Company has received the confirmation on allocation of the said shares on 7th November, 2025 at 12.37 am. The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023 are enclosed as Annexure - A.
