Aplab Ltd. — Capital/Financing Update 2025

May 24, 2025

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Date: May 24, 2025

To, The Manager Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001

Scrip Code: 517096

Subject: Approval of the Rights Issue Committee of the Board of Directors of Aplab Limited (“the Company”) on May 24, 2025, and Intimation of Record date in compliance with the Securities & Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015 (“Listing Regulations”).

Dear Sir/Madam,

This is in furtherance to the meeting of the Board of Directors of the Company (“the Board”) held on Thursday, May 15, 2025, approving the issue of equity shares of the Company on rights basis to the eligible shareholders of the Company for an amount aggregating up to Rs. 25 Crore (Rupees Twenty-Five Crore Only) in accordance with applicable laws including the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, read with the relevant circulars issued by the SEBI, in this regard, from time to time (hereinafter referred to as “ICDR Regulations” and “Issue”/“Rights Issue” ) and subsequent letters by the Company on May 17, 2025, May 21, 2025 and May 23, 2025 in relation to the Issue.

With reference to the above and pursuant to Regulation 30 of the Listing Regulations read with relevant circulars issued by SEBI in this regard, we wish to inform you that the approval of the Right Issue Committee of the Board of Directors at their meeting held today, i.e. Saturday, May 24, 2025, has approved the following terms and conditions:

• a) Instrument being Issued: Partly paid-up Equity Shares (Rs. 2.50/- paid-up per Equity Share) of face value of Rs. 10/- each.

• b) Rights Issue Shares: 1,25,70,000 (One Crore Twenty-Five Lakh Seventy Thousand) Partly paid-up Equity Shares of face value of Rs. 10/- each.

• c) Rights Issue Price: Rs.19/- (Rupees Nineteen only) per Rights Equity Share (including a premium of Rs. 9/- per Rights Equity Share) payable as below:

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Amount Payable per Rights Equity Share Face Value (Rs.) Premium (Rs.) Total (Rs.)
On Application 2.50 2.50 5
One or more subsequent Call(s) as 7.50 6.50 14
determined by our Board at its sole
discretion, from time to time
TOTAL 10 9 19
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• d) Rights Issue Size: Rs. 23,88,30,000* (Rupees Twenty-Three Crore Eighty-Eight Lakh Thirty Thousand Only) in total. Considering the amount payable on Application (Rs. 5/- per Share) the Rights Issue amount on Partly Paid Shares, assuming full subscription will be Rs. 6,28,50,000/- (Rupees Six Crore Twenty-Eight Lakh Fifty Thousand Only).

*Assuming Full Subscription and receipt of all Call Monies with respect to Rights Equity Shares.

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• e) Rights Entitlement Ratio: 1 (One) Rights Equity Share for every 1 (One) Equity Share held by eligible shareholders as on the Record Date.

• f) Record date: For the purpose of determining the shareholders eligible to apply for the equity shares in the Rights Issue as Thursday, May 29, 2025 (“Record Date”) .

g) Outstanding Equity Shares:

1. Prior to the Rights Issue: 1,25,70,000 equity shares of the Company;

2. Post Rights Issue[#] : 2,51,40,000 equity shares of the Company. # Assuming full subscription and payment of call monies.

3. h) Other terms of the Rights Issue (including fractional entitlements and Issue Schedule) : To be included in the Letter of Offer to be filed by the Company.

Further, in terms of SEBI Circular SEBI/HO/CFD/DIL2/CIR/P/2020/13 dated January 22, 2020, the Company has made necessary arrangement with NSDL and CDSL for the credits of the Rights Entitlements in dematerialized form in the demat account of the eligible equity shareholders as on the Record Date. The ISIN of such Rights Entitlement will be intimated in due course of time.

Furthermore, necessary information in respect of the issuance of securities as per SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, read with Regulation 30 of Listing Regulations as amended from time to time is annexed herewith as Annexure A .

The meeting commenced at 7.00 p.m. and concluded at 7.30 p.m. Hours.

The above information is also available on the Company’s website i.e. www.aplab.com .

Kindly take the same on record.

Thanking You,

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Yours Faithfully, For Aplab Limited

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Rajesh K Deherkar Company Secretary & Compliance Officer

Place: Navi Mumbai

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Annexure A

Details as required to be disclosed under Regulation 30 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024

In case of Issuance of Securities:

S. No	Particulars	Details
1.	Type of securities proposed to be issued	Partly paid-up Equity Shares
2.	Type of issuance	Right Issue
3.	The total number of securities proposed to be issued or the total amount for which the securities will be issued.	1,25,70,000 (One Crore Twenty-Five Lakh Seventy Thousand) Partly paid-up Equity Shares of face value of Rs. 10/- each aggregating to Rs.23,88,30,000 (Rupees Twenty-Three Crore Eighty-Eight Lakh Thirty Thousand Only) in total. Considering the amount payable on Application (Rs. 5/- per Equity Share) the Rights Issue amount on Partly Paid Shares, assuming full subscription will be Rs. 6,28,50,000/-

For Aplab Limited Rajesh K Deherkar Company Secretary & Compliance Officer

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