Ansal Properties & Infrastructure Ltd. — Capital/Financing Update 2022

Nov 3, 2022

03 November, 2022

Scrip Code : ANSALAPI Scrip Code: 500013 National Stock Exchange of BSE Limited India Ltd 25th Floor, Exchange Plaza, Phiroze Jeejeebhoy Towers Bandra-—Kurla Complex, Dalal Street, Bandra (East) Mumbai — 400 001 Mumbai - 400 051

• Reg: (i) Raising funds by way of Preferential Issue on Private Placement Basis (ii) Outcome of the Board Meeting dated the 03" November, 2022 concluded at 6:30 P.M.
• Ref: (i) Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
  • (ii) Intimation/Letter dated the 29 October, 2022 for aforesaid matter/s.

Dear Sir/Madam,

With reference to the captioned matter and pursuant to the compliance of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"), kindly note the Board of Directors at their meeting held today (i.e. 03° November, 2022) have approved to create, issue and allot upto an aggregate of 74,40,000 (Seventy-Four Lakhs and Forty Thousand) nos. of Equity shares of face value of Rs. 5/- (Rupees Five only) each of the Company ("Equity shares") at an issue price of Rs. 27/- (Rupees Twenty-Seven only) (including a premium of Rs. 22/-) per Equity share ("Issue Price"), to following Non-Promoter (Public): -

• (a) Up to 7,50,000 (Seven Lakhs and Fifty Thousand) nos. of Equity shares at Issue Price, for cash consideration, aggregating to Rs. 2,02,50,000 (Rupees Two Crores Two Lakhs and Fifty Thousand Only) to Shri Arvinder Singh Pasricha (PAN: AAAPP1385R) R/o. Farm No. 25, Prakriti Marg, Sultanpur Farm House, South Delhi-110030 (Non-Promoter {Public}).
• (b) Up to 5,50,000 (Five Lakhs and Fifty Thousand) nos. of Equity shares at Issue Price, for cash consideration, aggregating to Rs. 1,48,50,000 (Rupees One Crore Forty-Eight Lakhs and Fifty Thousand Only) to Shri Angad Pasricha (PAN: ALZPP9337R) R/o. Farm No. 25, Prakriti Marg, Sultanpur Farm House, South Delhi-110030 (Non-Promoter {Public}).
• (c) Up to 5,50,000 (Five Lakhs and Fifty Thousand) nos. of Equity shares at Issue Price, for cash consideration, aggregating to Rs. 1,48,50,000 (Rupees One Crore Forty-Eight Lakhs and Fifty Thousand Only) to Ms. Zinnia Pasricha (PAN: AJWPP8790M) R/o. Farm No. 25, Prakriti Marg, Sultanpur Farm House, South Delhi-110030 (Non-Promoter {Public}). ~
• (d) Up to 18,51,000 (Eighteen Lakhs and Fifty-One Thousand) nos. of Equity shares at Issue Price, for cash consideration, aggregating to Rs. 4,99,77,000 (Rupees Four Crores Ninety-Nine Lakhs and Seventy-Seven Thousand Only) to

Ms. Ankita Saraf (PAN: DFJPS6216A) R/o. House No. 27A, Green Avenue Lane, Vasant Kunj, South West Delhi-110070 (Non-Promoter {Public}).

• (e) Up to 9,26,000 (Nine Lakhs and Twenty-Six Thousand) nos. of Equity shares at Issue Price, for cash consideration, aggregating to Rs. 2,50,02,000 (Rupees Two Crores Fifty Lakhs and Two Thousand Only) to Shri Umesh Saraf (PAN: ABHPS6562P) R/o. House No. 27A, Green Avenue Lane, Vasant Kunj, South West Delhi-110070 (Non-Promoter {Public}).
• (f) Up to 9,26,000 (Nine Lakhs and Twenty-Six Thousand) nos. of Equity shares at Issue Price, for cash consideration, aggregating to Rs. 2,50,02,000 (Rupees Two Crores Fifty Lakhs and Two Thousand Only) to Shri Devesh Saraf (PAN: HTAPS3414N) R/o. House No. 27A, Green Avenue Lane, Vasant Kunj South West Delhi-110070 (Non-Promoter {Public}).
• (g) Up to 3,75,000 (Three Lakhs and Seventy-Five Thousand) nos. of Equity shares at Issue Price, for cash consideration, aggregating to Rs. 1,01,25,000 (Rupees One Crore One Lakh and Twenty-Five Thousand Only) to Shri Sandeep Dhingra (PAN: ABJPD1683L) (Non-Resident Indian) R/o. 985, Bukit Timah Road, #06-18 Singapore-589627 (Non-Promoter {Public}).
• (h) Up to 3,71,000 (Three Lakhs and Seventy-One Thousand) nos. of Equity shares at Issue Price, for cash consideration, aggregating to Rs. 1,00,17,000 (Rupees One Crore and Seventeen Thousand Only) to Shri Prashant Omprakash Kothari (PAN: ADTPK4169L) (Non-Resident Indian) R/o. 235 Arcadia Road, #09-07 Singapore-289843 (Non-Promoter {Public}).
• (i) Up to 7,41,000 (Seven Lakhs and Forty-One Thousand) nos. of Equity shares at Issue Price, for cash consideration, aggregating to Rs. 2,00, 07,000 (Rupees Two Crores and Seven Thousand Only) to M/s. Amayra Corporate Services Private Limited (PAN: AAGCA0380A) having registered office at G-6 Ground Floor, Saket, New Delhi-110017 (Non-Promoter entity {Public}).
• (j) Up to 4,00,000 (Four Lakhs) nos. of Equity shares at Issue Price, for cash consideration, aggregating to Rs. 1,08,00,000 (Rupees One Crore and Eight Lakhs Only) to Shri Chandra Kant Jaipuria (PAN: ADHPJ5512C) R/o. 8, Prithviraj Road, New Delhi-110011 (Non-Promoter {Public}).

(Hereinafter individually or collectively referred to as "Investors" or "Allottees")

The total investment by the Investors would be Rs. 20,08,80,000/- (Rupees Twenty Crores Eight Lakhs and Eighty Thousand Only) in Company. The offer, issue and allotment of aforesaid Equity shares shall be in compliance with the provisions of Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, and other applicable provisions and shall be subject to the approval of the members.

Further, in view of the above, the Board of Directors at their meeting held today have also approved the following:

A. The Extra Ordinary General Meeting (EGM) of the Company is scheduled to be held on Monday, the 28 November, 2022, at 11.30 A.M through Video

Conferencing (VC)/ Other Audio-Visual Means (OAVM) at 112, Ansal Bhawan, 16 Kasturba Gandhi Marg, New Delhi-110001, which shall be the deemed venue of EGM.

B. The Cut-off date for determining the members/shareholders who are entitled to vote through remote e-voting or voting at the Extra Ordinary General Meeting shall be Monday, the 21% November, 2022 in terms of provisions of Section 108 of the Companies Act, 2013 and Rule 20 of The Companies (Management and Administration) Rules, 2014 and the Secretarial Standard- 2 on General Meeting.

ABDUL

Digitally signed by ABDUL SAMI DN: c=IN, st=Delhi, 2.5.4.20=d15d8414797ff04155860390407ec4 1e797aa0e51b3689a2b21046c2766b660a, postalCode=110052, street=136, S F S Flats, Phase-4, Ashok Vihar, pseudonym=c8640f55bc562288eb22eb181e

serialNumber=9a45c2733e8a263825ca010f8 d17a36995ace4dc7caaa86337e1b63c9f3d93 db, o=Personal, cn=ABDUL SAMI Date: 2022.11.03 18:38:25 +05'30'

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SAMI

This is for your information and record please. Thanking you,

Yours faithfully,

For Ansal Properties & Infrastructure Ltd.

dul Sami)

eneral Manager (Corporate Affairs) & Company Secretary M. No. FCS-7135