General Announcement::Gemini Edibles & Fats India Limited

Issuer & Securities

Issuer/ Manager
GOLDEN AGRI-RESOURCES LTD
Securities
GOLDEN AGRI-RESOURCES LTD - MU0117U00026 - E5H
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
22-Aug-2026 22:49:22
Status
New
Announcement Sub Title
Gemini Edibles & Fats India Limited
Announcement Reference
SG260822OTHRZ34M
Submitted By (Co./ Ind. Name)
Pauline Ng
Designation
VP, Corporate Secretarial
Description (Please provide a detailed description of the event in the box below)
Golden Agri-Resources Ltd ("GAR" or the "Company"), and together with its subsidiaries (the "Group") wishes to announce that Gemini Edibles & Fats India Limited ("GEF") has reinitiated the process for a proposed initial public offering of its equity shares of face value of INR 1 each ("Equity Shares") on BSE Limited ("BSE") and National Stock Exchange of India Limited (together with BSE, the "Indian Stock Exchanges", and such offering, the "Proposed IPO") and, in this connection, has filed a draft red herring prospectus dated August 21, 2026 ("DRHP") with the Securities and Exchange Board of India ("SEBI") and the Indian Stock Exchanges.

GEF is a 56.27% indirect subsidiary of the Company, incorporated in India and is engaged in the business of manufacturing and distribution of edible oils and specialty fats.

Subject to regulatory and other approvals, it is envisaged that the Proposed IPO will consist of a secondary offering by certain existing shareholders of GEF, aggregating up to 41,150,030 Equity Shares, of which Golden Agri International Enterprises Pte. Ltd. ("GAIE") is offering up to 2,057,501 Equity Shares. GAIE is anticipated to continue being the largest shareholder of GEF post-listing.

GEF's businesses and assets are clearly differentiated from and managed independently of GAR, and are not substantially the same as those of GAR, and the Proposed IPO would not adversely affect the viability or profitability of GAR's remaining businesses, and GAR will continue to comply with the Mainboard admission criteria.

Details of the terms of the Proposed IPO are still being finalized and will be subject to, among other things, market conditions, the relevant regulatory and other approvals being obtained, and other considerations. The Company will make further announcement(s) as and when there are material development(s) in relation to the Proposed IPO.

As there is no assurance that the Proposed IPO will proceed, and the terms thereof have not been finalized, shareholders and potential investors are advised to exercise caution when dealing with the Company's securities, and to refrain from taking any action in respect of their securities which may be prejudicial to their interests.

The DRHP has been filed and is expected to be made available, subject to applicable regulatory requirements and publication procedures, on the website of SEBI (www.sebi.gov.in), or on the respective websites of GEF (www.gefindia.com/investors.html), the Indian Stock Exchanges (www.bseindia.com and www.nseindia.com) and the book running lead managers appointed in relation to the Proposed IPO (www.motilaloswal.com and www.iiflcapital.com). For further details, please refer to GEF's DRHP once it has been published.



Rafael Buhay Concepcion, Jr.
Director
GOLDEN AGRI-RESOURCES LTD
August 22, 2026

This information is not an offer of securities for sale in the United States or elsewhere. This information is not for publication or distribution, directly or indirectly, in or into the United States. The securities have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold within the United States, except pursuant to an exemption from, or in transactions not subject to, the registration requirements of the Securities Act and applicable U.S. state securities laws. Accordingly, any offer or sale of securities will be made outside the United States in offshore transactions in reliance on Regulation S under the Securities Act, in each case in compliance with applicable laws of the jurisdictions where such offers and sales occur.