A B INFRABUILD LIMITED — Capital/Financing Update 2023

Nov 7, 2023

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Date: 07.11.2023

To, Listing Department,

National Stock Exchange of India Limited, Exchange Plaza, Bandra Kurla Complex, Bandra East, Mumbai-400051.

Symbol: ABINFRA

ISIN: INE00YB01017

Subject: Outcome of the Rights issue Committee Meeting held on Tuesday, 7[th] November, 2023.

Dear Sir/Ma’am,

This is further to the meeting of the Board of Directors of the Company held on October 26, 2023 approving the issue of equity shares by way of rights issue to the existing shareholders of the Company for an amount not exceeding Rs. 10.00 Crores (Rupees Ten Crores only) in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended and other applicable laws ("Rights Issue") in the ratio and price to be decided at a later stage.

We hereby inform you that the Right Issue Committee of the Company at its meeting held on Tuesday, 7th November, 2023, approved the Draft Letter of Offer ("DLOF") dated 7[th] November, 2023 for submission of the same to the Stock Exchange where the equity shares of the Company are listed.

The DLOF will be submitted to NSE for seeking in-principal approval for the said Rights Issue.

Also, please find enclosed the additional details as required under the regulation 30 of SEBI LODR 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 with respect to the proposed Rights issue as an Annexure I.

For A B Infrabuild Limited

Digitally signed by AMIT BHOLANATH AMIT MISHRA DN: c=IN, o=PERSONAL, 2.5.4.20=7a96dae5bfcc02ea8d87fe707b469 BHOLANATH 036058f001191b775c3569405da75dc4dec, postalCode=400067, st=Maharashtra, serialNumber=a0f3156cfd3e22f2c128fa4b4 8b51c86be4e2153292a2ac82f0d2ee085b70 MISHRA 27c, cn=AMIT BHOLANATH MISHRA Date: 2023.11.07 17:19:44 +05'30'

Name: Amit mishra Designation: Managing Director DIN: 03388129

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Annexure-I

The details as required under SEBI (Listing Obligation & Disclosure Requirements) 2015 Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, with respect to the Right issue is given as under:

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Particulars Details
Details Type of securities proposed to be issued Fully paid-up Equity Share of the face value of
Rs. 10/- each of the Company
Type of issuance (further public offering, rights Right issue to the existing shareholders
issue, depository receipts (ADR if GDR),
qualified institutions placement, referential
allotment etc.);
Total number of securities proposed to be issued Number of Equity Share and, in such ratio, as
or the total amount for which the securities will may be decided by the Board of Directors/Rights
be issued (approximately); Issue committee for an Amount upto Rs. 10.00
Crores (Rupees Ten Crores only).
Any cancellation or termination of proposal for N.A.
issuance of Securities including reasons thereof.
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