1..Name and nature of the underlying assets (if preferred shares, the terms
and conditions of issuance shall also be indicated, e.g., dividend yield,
etc.):
(1) Preference Shares issued by Indostar Everstone
(2) Common Shares issued by Indostar Capital
2.Date of occurrence of the event:2025/07/31
3.Date of the board of directors resolution:2025/07/31
4.Other approval date:Not applicable
5.Amount, unit price, and total monetary amount of the transaction:
(1) For Indostar Everstone: Amount: up to 835,505 shares；
unit price: No less than INR 996 (approximately US$11.52)；
Total Monetary Amount: no less than approximately US$9.63 million
(2) For Indostar Capital: Amount: up to 613,472 shares；
unit price: No less than INR1,000 (approximately US$11.58)；
Total Monetary Amount: no less than approximately US$7.10 million
6.Trading counterparty and its relationship with the Company (if the trading
counterparty is a natural person and furthermore is not a related party of
the Company, the name of the trading counterparty is not required to be
disclosed):
Counterparty: (1) Indostar Everstone；(2) Indostar Capital
Counterparty’s relationship with the Company: neither (1) nor (2) is
a related party
7.Where the trading counterparty is a related party, announcement shall also
be made of the reason for choosing the related party as trading counterparty
and the identity of the previous owner, its relationship with the Company
and the trading counterparty, and the previous date and monetary amount of
transfer:Not applicable
8.Where an owner of the underlying assets within the past five years has
been a related party of the Company, the announcement shall also include the
date and price of acquisition and disposal by the related party, and its
relationship with the Company at the time of the transaction:Not applicable
9.Matters related to the current disposal of creditors' rights (including
types of collaterals of the disposed creditor’s rights; if creditor's
rights over a related party, announcement shall be made of the name of the
related party and the book amount of the creditor's rights, currently being
disposed of, over such related party):Not applicable
10.Profit or loss from the disposal (not applicable in cases of acquisition
of securities) (those with deferral should provide a table explaining
recognition):
(1) Indostar Everstone: no less than approximately US$1.27 million；
(2) Indostar Capital: no less than approximately US$0.97 million.
11.Terms of delivery or payment (including payment period and monetary
amount), restrictive covenants in the contract, and other important terms
and conditions:Per related agreements
12.The manner of deciding on this transaction (such as invitation to tender,
price comparison, or price negotiation), the reference basis for the
decision on price, and the decision-making unit:
Mutual agreement, Board of Directors
13.Net worth per share of the Company's underlying securities acquired or
disposed of:
Net worth per share of Indostar Everstone: c. NT$324, Net worth per
share of Indostar Capital: c. NT$312
14.Cumulative no.of shares held (including the current transaction), their
monetary amount, shareholding percentage, and status of any restriction of
rights (e.g., pledges), as of the present moment:
(1)If fully divested, the number of shares held, the monetary amount and
the shareholding percentage for Indostar Everstone and Indostar
Capital will all be zero.
(2)Status of any restriction of right: None
15.Current ratio of securities investment (including the current trade, as
listed in article 3 of Regulations Governing the Acquisition and Disposal of
Assets by Public Companies) to the total assets and equity attributable to
owners of the parent as shown in the most recent financial statement and
working capital as shown in the most recent financial statement as of the
present:
To the total assets：0.36%;
To the equity attributable to owners of the parent：0.45%;
Working Capital: Not applicable
16.Broker and broker's fee:None
17.Concrete purpose or use of the acquisition or disposal:
For the need of investment business development
18.Any dissenting opinions of directors to the present transaction:No
19.Whether the counterparty of the current transaction is
a related party:No
20.Date of ratification by supervisors or approval by
the Audit Committee:NA
21.Whether the CPA issued an unreasonable opinion regarding the current
transaction:No
22.Name of the CPA firm:YANGTZE CPAS & CO.
23.Name of the CPA:Hu, Hsiang-Ning
24.Practice certificate number of the CPA:191
25.Whether the transaction involved in change of business model:No
26.Details on change of business model:Not applicable
27.Details on transactions with the counterparty for the past year and the
expected coming year:
CI II plans to divest all its shares in Indostar Everstone and
Indostar Capital all at once or in stages within the next five months.
28.Source of funds:Not applicable
29.Date on which material information regarding the same event
has been previously released:2024/11/07
30.Any other matters that need to be specified:
1) CI II is short for CDIB Capital Investment II Limited.
2) US$ 1 = NTD 29.402, US$ 1 = INR 86.398 (as of 2025/07/24)
3) Net worth per share of Indostar Everstone: c. NT$324, Net worth per
share of Indostar Capital: c. NT$312.
4) The transaction was previously announced on November 7, 2024 but not
executed due to certain circumstances. It has been re-approved by the
Board of Directors, and the announcement has been updated accordingly.
Final Total monetary amount will depend on the actual disposal
situation and will be further deducted with expenses related to the
transactions. The payment will be made in equivalent US dollars
calculated at the exchange rate on the relevant transaction date(s).