Abate AS Industries Ltd has announced a significant technological advancement with the launch of the Alcon Vision Suite (AVS) at Abate Eye Hospital, marking the first installation of this sophisticated ophthalmic technology in Kerala. The announcement was made on 24th March 2025, positioning the hospital at the forefront of advanced eye care in the region.

Revolutionary Technology Integration

The Alcon Vision Suite represents a comprehensive digital ecosystem designed to transform ophthalmic care delivery. The system seamlessly connects and synchronizes every stage of the surgical journey, from initial diagnostics through surgical planning to operating room visualization and postoperative care.

Advanced Features and Capabilities

The AVS installation brings several breakthrough capabilities to Kerala's ophthalmic care landscape:

• Advanced 3D visualization for enhanced surgical accuracy
• Personalized digital surgical planning capabilities
• Reduced variability and improved refractive outcomes
• Greater operating room efficiency
• More predictable and tailored patient results
• Enhanced training capabilities for young ophthalmologists

Leadership Vision and Strategic Impact

Mr. Arikuzhiyan Samsudeen, Chairman and Non-Executive Director, emphasized the transformative nature of this technology implementation. He stated that healthcare is entering a new era where precision, predictability, and patient experience are driven by technology. The introduction of Kerala's first Alcon Vision Suite represents a redefinition of the entire ophthalmic care journey, reflecting the organization's commitment to bringing world-class, technology-led eye care to patients while empowering the next generation of ophthalmologists.

Clinical Applications and Benefits

The AVS technology enables significant improvements in cataract and glaucoma surgeries, providing more accurate, efficient, and patient-focused care. This technological leap strengthens Abate Eye Hospital's position as a center of excellence in ophthalmology, supporting both advanced patient care and comprehensive medical training programs.

Organizational Profile and Global Reach

Abate AS Industries operates as a publicly listed eye care and education institution, building an integrated ophthalmology ecosystem that combines advanced clinical care with talent development. The organization delivers technology-enabled ophthalmic services through experienced specialists, state-of-the-art diagnostic and surgical technology, and maintains a strong commitment to patient-centered care.

The institution serves a growing international patient base spanning Europe, the GCC, and Africa, continuously expanding its reputation for reliable, high-quality treatment while maintaining strong governance standards as a listed healthcare company. Beyond clinical services, the organization integrates education and training to strengthen the pipeline of skilled eye care professionals, building a sustainable ecosystem that advances patient care and drives long-term institutional growth.

ABATE AS Industries Limited has announced that Al Salama Eye Research Foundation, a promoter group entity, has increased its shareholding in the company through open market purchases. The transaction was disclosed under Regulation 7(2) of the SEBI Prohibition of Insider Trading Regulations, 2015.

Transaction Details

The promoter group entity executed a significant equity purchase over two days in March 2026. The acquisition demonstrates continued confidence from the promoter group in the company's prospects.

Shareholding Changes

The acquisition resulted in a notable increase in the promoter group's stake in ABATE AS Industries. The foundation's shareholding percentage increased by 30 basis points following the transaction.

Regulatory Compliance

The company has fulfilled its regulatory obligations by disclosing the transaction details to BSE Limited. Key compliance aspects include:

• Disclosure made under SEBI Prohibition of Insider Trading Regulations, 2015
• Intimation provided to the company on March 9, 2026
• Form-C filing completed with all required transaction details
• No derivative trading reported in connection with this transaction

About Al Salama Eye Research Foundation

Al Salama Eye Research Foundation, the acquiring entity, is based in Perinthalamanna, Kerala. The foundation holds promoter group status in ABATE AS Industries Limited and is represented by Asharaf Samsudeen A. The entity's increased investment reflects its continued commitment to the company's growth trajectory.

The transaction was completed entirely through open market purchases on BSE, ensuring transparency and adherence to market regulations. The disclosed value excludes taxes, brokerage, and other charges as per standard reporting practices.