Bartronics India Ltd. — Capital/Financing Update 2023

Jun 6, 2023

June 06, 2023

To, To, The Secretary, Listing Department, BSE Ltd., The Manager, Listing Department, National Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Stock Exchange of India Limited, Exchange Mumbai-400001. Plaza, 5th Floor, Plot No. C/1, G Block, Bandra Scrip Code: 532694 Kurla Complex, Bandra (E), Mumbai-400051. Symbol: ASMS

Dear Sir/Madam,

Ref: Regulation 29(1)(d) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”)

Sub: Notice of the Board Meeting to consider preferential issue of equity shares of the Company

In accordance with the captioned regulations of SEBI LODR and other applicable provisions, we wish to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Friday, June 09, 2023, inter alia, to consider the issue of equity shares of the Company by way of preferential allotment, of upto 9% of the paid-up share capital of the Company, to an individual or group of individuals.

The purpose of preferential issue is acquiring suitable stake in a target company which will help company expand its offerings supplementing financial inclusion projects. The preferential issue will be for consideration other than cash, for which issuance and allotment of equity shares shall be in accordance with the applicable laws and shall be subject to such regulatory /statutory approvals, as may be required, including the approval of the shareholders of the Company.

This is for your information and records.

For, Bartronics India Limited

APEKSHA Digitally signed by APEKSHA PRAMOD PRAMOD NAIDU NAIDU Date: 2023.06.06 19:36:43 +05'30' Apeksha Naidu Company Secretary & Compliance officer