Carborundum Universal Ltd.

Carborundum Universal has informed that CUMI International, Cyprus (CIL), a wholly owned subsidiary of the company has entered into an agreement on 3rd December 2021 to acquire an existing company in Germany which will become a step-down subsidiary of CUMI. This acquisition will facilitate a base in European Union (EU) facilitating CUMI Group accessing markets in EU for its portfolio, Abrasives, Ceramics and Electrominerals. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September 2015 is enclosed as Annexure.

The above information is a part of company’s filings submitted to BSE.