SLUMP SALE

| Vadodara-based Alembic sold its Baddi facility on a slump-sale basis to Scot Edil for an undisclosed sum | Alembic scrip was up in day’s trade, almost by 3% in the morning. It ended day’s trade at ~506 a share, up 0.07% | The plant would be a strategic fit for Chandigarhheadquartered Scot Edil, which is also preparing for its IPO | Scot Edil has three units around the Baddi unit and it would be logistically easier for them to manage the plant