Aplab Ltd. — Capital/Financing Update 2021

Jun 2, 2021

Date: June 02, 2021

To, The Manager Listing, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400 023

BSE Scrip Code – 517096

Subject: Outcome of the Rights Issue Committee Meeting held on Wednesday, June 2, 2021 and Intimation of Record date for the purpose of Rights Issue of Aplab Limited (“the Company”)

Dear Sirs,

This is in furtherance to the meeting of the Board of Directors of the Company (“the Board”) held on Tuesday, February 02, 2021, approving the issue of equity shares of face value of Rs.10/- each (“Equity Shares”) of the Company, by way of a rights issue to the eligible shareholders of the Company for an amount not exceeding Rs. 500.00 Lakhs (the “Issue”) 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 “SEBI ICDR Regulations” and the issue “Rights Issue”).

In relation to the Issue, the Rights Issue Committee (“RIC”) had at its meeting held today i.e. Wednesday, June 02, 2021, has approved the following terms and conditions:

• a) Rights Issue Price: Rs. 10/- per Rights Equity Share;

• b) Rights entitlement ratio: 1 Rights Equity Share for every 1 Equity Shares held by eligible shareholders as on the Record Date;

• c) Record date: for the purpose of determining the shareholders eligible to apply for the equity shares in the Rights Issue as Tuesday, June 08, 2021(“Record Date”).

• d) Rights Issue schedule:

Issue Openingdate	Thursday,June 17,2021
Issue Closingdate	Thursday,July01,2021

• e) Other terms of the Rights Issue (including fractional entitlements): To be included in the Letter of Offer to be filed by the Company with BSE Limited and the Securities and Exchange Board of India.

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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 is INE273A20015.

The Rights Entitlement of the eligible equity shareholders as on the Record Date, shall be credited prior to the issue opening date, in the respective demat account of the eligible equity shareholders under the aforementioned ISIN.

The RIC further approved the ‘Letter of Offer’ and other Issue related documents. The letter of offer would be filed with the BSE Limited and to be submitted with the SEBI. The designated stock exchange in relation to the Rights Issue will be the BSE Limited, as approved by the RIC.

The meeting commenced at 2.00 p.m. and concluded at 3.00 p.m. Hrs.

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

Kindly take the same on record.

Thanking You,

Yours Faithfully, For Aplab Limited (Rajesh K. Deherkar) Company Secretary & Compliance Officer

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