AIRAN LIMITED — Capital/Financing Update 2021

Aug 10, 2021

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Date: August 10, 2021

To, The National Stock Exchange of India Ltd., Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E) Mumbai – 400 051.

Dear Sir / Madam,

Subject: Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015

With reference to the above subject we would like to inform you that our company Airan Limited holds 75.90% Stake in subsidiary company Quadpro ITeS Limited. Quadpro ITeS Limited has filled Draft Prospectus on NSE Emerge.

The details of Offer Structure for proposed Initial public offer is as follows:

Initial Public Offer of 70,50,000 Equity Shares Of Face Value Of Rs. 2 Each (“Equity Shares”) Of Quadpro IteS Limited (“Quadpro” or The “Company” or The “Issuer”) for Cash At A Price Of Rs. 20 Per Equity Share (Including A Share Premium Of Rs. 18 Per Equity Share) Aggregating To Rs. 1410.00 Lakhs (The “Offer”) Comprising Of A Fresh Issue Upto 63,00,000 Equity Shares Aggregating to Rs. 1260.00 Lakhs (The “Fresh Issue”) and an Offer For Sale Of 7,50,000 Equity Shares By Promoter Selling Shareholder- Mr. Nandira Biddappa Thimmaiah Aggregating To Rs. 150.00 Lakhs ("Offer For Sale") Of Which 3,54,000 Equity Shares Of Face Value Of ₹ 2 /- Each For Cash At A Price Of ₹ 20/- Per Equity Share Including A Share Premium Of ₹ 18/- Per Equity Share.

The copy of Draft prospectus of Quadpro ITeS Limited is available on website of NSE Limited. The link of Draft Prospectus is given here below:

https://www1.nseindia.com/emerge/corporates/content/sme_public_issue_docs.htm

Kindly take the same on your record and oblige us.

Yours faithfully,

For and on behalf of Airan Limited Stuti Kinariwala Company Secretary Membership No : A46213

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