Business
Adjustment of the timetable relating to the completion date of Block Acquisition and to the filing date of the simplified tender offer for the Vinpai shares
MUMBAI, India, November 25, 2025--Regulatory News: This press release must not be published, distributed or transmitted, directly or indirectly, in the United States of America, Australia, Canada, South Africa or Japan.
About this update from Camlin Fine Sciences Limited
[{"type":"text","content":"MUMBAI, India, November 25, 2025--(BUSINESS WIRE)--Regulatory News:","length":67,"tagName":"p"},{"type":"text","content":"This press release must not be published, distributed or transmitted, directly or indirectly, in the United States of America, Australia, Canada, South Africa or Japan.","length":168,"tagName":"p","attribs":{}},{"type":"text","content":"CAMLIN FINE SCIENCES LIMITED, a leading Indian group in shelf life solutions for flavour and health & wellness ingredients, listed on the National Stock Exchange of India Ltd and BSE Ltd. in Mumbai India ("CFSL") reminds that CFSL and the majority shareholders (the "Sellers") of VINPAI (ISIN: FR001400AXT1; ticker: ALVIN) ( "Vinpai") have on February 24, 2025 entered into a binding agreement for the acquisition by CFSL of a majority stake in the Company’s share capital at a price of Euro 3.60 per Vinpai share (the "Block Acquisition") as well as the issuance of convertible bonds to the benefit of CFSL representing financing necessary for the continuation of Vinpai’s business (the "Convertible Bonds"). Upon completion of the Block Acquisition, the Convertible Bonds will be converted into shares of Vinpai and CFSL shall launch a simplified cash tender offer for the remaining shares of Vinpai’s share capital (the "OPAS") at the same price of the Block Acquisition.","length":1038,"tagName":"p"},{"type":"text","content":"CFSL announces that on October 29, 2025 its shareholders approved, by 99.9924% of the votes, the issuance of the newly ordinary shares of CFSL to be issued as consideration for payment of the Block Acquisition (the "CFSL Consideration Shares") and the issue price of the CFSL Consideration Shares, which was set by the board of directors of CFSL on September 29, 2025, INR 247.69 (i.e. € 2.39)1.","length":405,"tagName":"p"},{"type":"text","content":"As mentioned in our previous press release, the allotment of CFSL Consideration Shares against delivery of the Block Acquisition is subject to the obtaining of the Indian regulatory approvals.","length":192,"tagName":"p"},{"type":"text","content":"CFSL specifies that theses Indian regulatory approvals has been obtained on November 18, 2025 and not on November 12, 2025 as initially expected.","length":145,"tagName":"p"},{"type":"text","content":"Conseq...