Cosmo First Limited announced that the company has incorporated a wholly owned Indian Subsidiary Company in the name of Cosmo Global Films Private Limited. Industry to which the entity being acquired belongs: Dealing in Packaging Films, Masterbatches, Coating Chemicals and Chemical Compounds including by products and joint products thereof. Brief details of any governmental or regulatory approvals required for the acquisition: Approval is obtained from the Office of the Registrar of Companies, Ministry of Corporate Affairs, Government of India.

Indicative time period for completion of the acquisition: WOS Company is duly incorporated. Cost of acquisition or the price at which the shares are acquired: Equity Shares are subscribed at face value; Nature of consideration: Equity Shares are subscribed by the Company at cash consideration.