THIS IS A PUBLIC ANNOUNCEMENT FOR INFORMATION PURPOSES ONLY AND IS NOT A PROSPECTUS ANNOUNCEMENT.

Our Company was initially established as Partnership Firm under the Partnership Act, 1932 ("Partnership Act") in January 01,2014. Paramount Dye Tec was thereafter converted from Partnership Firm to a Public Limited Company under Part I chapter XXI of the Companies Act, 2013 with the name and style of "Paramount Dye Tec Limited" and received a Certificate of Incorporation from the Registrar of Companies, Central Registration Centre dated January 04,2024. The Corporate Identification Number of the Company is U13114PB2024PLC060422. For details in relation to the incorporation, Change in Registered Office and other details, please refer to the chapter titled "Our History and Certain Other Corporate Matters " beginning on page 144 of the Prospectus

Our Company has filed the Prospectus dated October 04,2024 (the "Prospectus") with the Registrar of Companies, Chandigarh (RoC), and the Equity Shares are proposed to be listed on Emerge Platform of National Stock Exchange of India Limited ("NSE Emerge") and the listing and trading of the Equity Shares expected to commence on October 08,2024.

INITIAL PUBLIC OFFER OF 24,30,000 EQUITY SHARES OF FACE VALUE OF ? 10.00 EACH ("EQUITY SHARES") OF PARAMOUNT DYE TEC LIMITED (THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF ? 117.00 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF ? 107.00 PER EQUITY SHARE (THE "ISSUE PRICE") AGGREGATING TO ? 2,843.10 LAKHS ("THE ISSUE"). THE ISSUE INCLUDES A RESERVA1TION OF UPT01,22,400 EQUITY SHARES AGGREGATING TO ? 143.21 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. NET ISSUE OF UPTO 23,07,600 EQUITY SHARES AGGREGATING TO ? 2,699.89 LAKHS (THE "NET ISSUE"). THE ISSUE AND THE NET ISSUE CONSTITUTE 35.00% AND 33.24% RESPECTIVELY OF THE POST ISSUE PAID-UP EQUITY SHARE CAPITAL OF OUR COMPANY. FOR FURTHER DETAILS, PLEASE REFER TO THE CHAPTER TITLED "TERMS OF THE ISSUE" BEGINNING ON PAGE 222 OF THE PROSPECTUS.

1. We operate in a heavily regulated sector and our operations are subject to environmental, health and safety regulations that could expose us to liability, increase our cost of operations or otherwise have a material adverse effect on our results of operations and could also result in enhanced compliance obligations.

2. Majority of our revenue is dependent on single business segment i.e. manufacturing of fiber and yams. Any adverse impact on sales of a product would adversely affect our operations and profitability.

3.Our business depends on our manufacturing facility and the loss of or shutdown of operations of the manufacturing facility on any grounds could adversely affect our business or results of operations. Further, our business involves usage of manpower and any unavailability of our employees or any strikes, work stoppages may have an adverse impact on our cash flows and results of operations.

4. The Company is dependent on a few suppliers for purchases ofproduct/service. The loss of any of these large suppliers may affect our business operations.

5. Too much Geographical concentration of our Business in one location can impact our Business.

* Subject to the receipt of listing and trading approval from NSE Emerge

The Equity Shares of the Company offered through the Prospectus dated October 04, 2024 are proposed to be listed on the Emerge Platform of National Stock Exchange of India Limited ("NSE Emerge") of in terms of the Chapter IX of SEBI (ICDR) Regulations. 2018 as amended from time to time. Our Company has received In-Principle Approval Letter dated September 23,2024 from National Stock Exchange of India Limited for listing our shares and also for using its name in the Issue document for listing of our shares on NSE Emerge. It is to be distinctly understood that the permission given by National Stock Exchange of India Limited should not in any way be deemed or construed that the Issue Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Issue Document The investors are advised to refer to the Prospectus for the full text of the "Disclaimer Clause of the Emerge Platform of National Stock Exchange of India Limited" on page 216 of the Prospectus. For the purpose of this issue the Designated Stock Exchange will be NSE Emerge. The trading is proposed to be commenced on or before October 04.2024 (Subject to receipt of listing and trading approval from National Stock Exchange of India Limited). The issue was made through the Book Building Process, in terms ol Rule 19(2) (b)(i) of the Securities Contracts (Regulation) Rules, 1957, as amended ("SCRR") read with Regulation 253 of the Securities and Exchange Board of India (issue of Capital and Disclosure Requirements) Regulations. 2018 ("SEBI ICDR Regulations ') wherein not more than 50% of the Issue was made available tor allocation on a proportionate basis to Qualified institutional Buyers ("QIBs") (the "QIB Portion"). Our Company In consultation with the Book Running Lead Managers (*BRLM") had reserved up to 60% of the QI8 Portion to Anchor Investors on a discretionary basis (the "Anchor investor Portion'), Further, not less than 15% of the Issue was made available for allocation on a proportionate basis to Non-instituilonal Bidders and not less than 35% of the Issue was made available for allocation to Rlls in accordance with the SEBI (ICDR) Regulations, 2018. subject to valid Bids having been received from them at or above the Issue Price. All potential Bidders (except Anchor Investors) were required to mandatorily utilize the Application Supported by Blocked Amount ("ASBA') process providing details of their respective bank account (including UPI ID for RIBs using UPl Mechanism), in which the corresponding Bid Amounts were blocked by the SCSBs or the Sponsor Bank, as applicable Anchor investors were not permitted to participate in the Issue through the ASBA process. For details, see "Issue Procedure"on page 236 of the Prospectus

If the retail individual investor category is entitled to more than allocated portion on proportionate basis, accordingly the retail individual investors shall be allocated that higher percentage. For further details, please refer to chapter titled "Issue Structure " beginning on page no. 235 of the Prospectus.

All investors have participated in this issue through Application Supported by Blocked Amount ("ASBA") process including through Unified Payment Interface {'UPI") mode (as applicable) by providing the details of the respective bank accounts / UPI ID as applicable in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the "SCSBs") / Sponsor Bank as the case may be.

The Company received 4 Anchor Investor Application Forms from 4 Anchor Investors for 7,80.000 Equity Shares. Such 4 Anchor Investors were allocated 6,91.200 Equity Shares at a price of Rs. 117.00 per Equity Share under the Anchor Investor Portion, aggregating to Rs. 8.08,70.400.00

* Subject to the receipt of listing and trading approval from NSE Emerge

The Equity Shares of the Company offered through the Prospectus dated October 04, 2024 are proposed to be listed on the Emerge Platform of National Stock Exchange of India Limited ("NSE Emerge") of in terms of the Chapter IX of SEBI (ICDR) Regulations. 2018 as amended from time to time. Our Company has received In-Principle Approval Letter dated September 23,2024 from National Stock Exchange of India Limited for listing our shares and also for using its name in the Issue document for listing of our shares on NSE Emerge. It is to be distinctly understood that the permission given by National Stock Exchange of India Limited should not in any way be deemed or construed that the Issue Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Issue Document The investors are advised to refer to the Prospectus for the full text of the "Disclaimer Clause of the Emerge Platform of National Stock Exchange of India Limited" on page 216 of the Prospectus. For the purpose of this issue the Designated Stock Exchange will be NSE Emerge. The trading is proposed to be commenced on or before October 04.2024 (Subject to receipt of listing and trading approval from National Stock Exchange of India Limited). The issue was made through the Book Building Process, in terms ol Rule 19(2) (b)(i) of the Securities Contracts (Regulation) Rules, 1957, as amended ("SCRR") read with Regulation 253 of the Securities and Exchange Board of India (issue of Capital and Disclosure Requirements) Regulations. 2018 ("SEBI ICDR Regulations ') wherein not more than 50% of the Issue was made available tor allocation on a proportionate basis to Qualified institutional Buyers ("QIBs") (the "QIB Portion"). Our Company In consultation with the Book Running Lead Managers (*BRLM") had reserved up to 60% of the QI8 Portion to Anchor Investors on a discretionary basis (the "Anchor investor Portion'), Further, not less than 15% of the Issue was made available for allocation on a proportionate basis to Non-instituilonal Bidders and not less than 35% of the Issue was made available for allocation to Rlls in accordance with the SEBI (ICDR) Regulations, 2018. subject to valid Bids having been received from them at or above the Issue Price. All potential Bidders (except Anchor Investors) were required to mandatorily utilize the Application Supported by Blocked Amount ("ASBA') process providing details of their respective bank account (including UPI ID for RIBs using UPl Mechanism), in which the corresponding Bid Amounts were blocked by the SCSBs or the Sponsor Bank, as applicable Anchor investors were not permitted to participate in the Issue through the ASBA process. For details, see "Issue Procedure"on page 236 of the Prospectus

If the retail individual investor category is entitled to more than allocated portion on proportionate basis, accordingly the retail individual investors shall be allocated that higher percentage. For further details, please refer to chapter titled "Issue Structure " beginning on page no. 235 of the Prospectus.

All investors have participated in this issue through Application Supported by Blocked Amount ("ASBA") process including through Unified Payment Interface {'UPI") mode (as applicable) by providing the details of the respective bank accounts / UPI ID as applicable in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the "SCSBs") / Sponsor Bank as the case may be.

DETAILS OF APPLICATIONS (BEFORE TECHNICAL REJECTION)

?DETAILS OF VALID APPLICATIONS:

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange i.e National Stock Exchange of India Limited on October 04, 2024.

Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of ? 117.00 per Equity Share, was finalised in consultation with National Stock Exchange of India Limited. The category was subscribed by 1.00 time. The total number of shares allotted in this category is 1.22,400 Equity shares in full out of reserved portion of 1.22.400 Equity Shares.

Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of ? 117.00 per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 35.98 times. The total number of shares allotted in this category is 8.08,800 Equity shares out of reserved portion of 8.08,800 Equity Shares.

Allocation to Qualified Institutional Buyers (excluding Anchor Portion) (After Technical Rejections):

Allocation to Anchor Investors (After Technical Rejections):

Allocation to Non- Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Non-Retail Individual Investors, at the issue price of ? 117.00 per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 135.30 times. The total number of shares allotted in this category is 3.46,800 Equity shares out of reserved portion of 3,46,800 Equity Shares.

The Board of Directors of the Company at its meeting held on October 04,2024 has taken on record the Basis of Allotment of Equity Shares, as approved by the Designated Stock Exchange viz. National Stock Exchange of India Limited and has authorized the online corporate action for the allotment of the Equity Shares in dematerialised form to various successful applicants.

The CAN-cum-Refund Orders and Allotment Advice and/or Notices are being dispatched to the address of the applicants as registered with the depositories / as filled in the application form on before October 07,2024. Further, the instructions to Self-Certified Syndicate Banks being processed on or before October 04, 2024 for unblocking fund. In case the same is not received within Two (2) days, investors may contact at the address given below. The Equity Shares allocated to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. The company shall file the listing application with National Stock Exchange of India Limited on or before October 07,2024. The Company is in process of obtaining the listing & the trading approval from National Stock Exchange of India Limited and the trading is expected to commence on or before October 08,2024 Note: All capitalised terms used and not specifically defined herein shall have the same meaning as Ascribed to them in the Prospectus dated October 04.2024.

INVESTORS, PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue, Bigshare Services Private Limited at iDQ@biQshareonline.com. All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the first/ sole applicants, serial number of the application form, number of shares applied for and Bank Branch where the application had been lodged and payment details at the address of the Registrar given below:

Disclaimer: Paramount Dye Tec Limited has filed the Prospectus with the RoC on October 04,2024 and thereafter with SEBI and the Stock Exchanges. The Prospectus is available on the website of NSE Limited at https://www.nseindia.com/ and on the websites of the BRLM, Gretex Corporate Services Limited at https://Qretexcorporate.com/iDQ/ and Investors should note that investment in Equity Shares involves a high degree of risk and for details relating to the same, please see "RiskFactors" beginning on page 29 of the Prospectus. The Equity Shares have not been and will not be registered under U.S. Securities Act of 1993, as amended ("the Securities Act") or any state securities laws in the United States, and unless so registered, and may not be offered or sold within United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in accordance with any applicable U.S. state securities laws. The Equity Shares are being offered and sold outside the United States in ‘offshore transactions' in reliance on Regulations under Securities Act and the applicable laws of each jurisdiction where such offers and sales were made. There will be no public offering in the United States.