Bartronics India Ltd. — Capital/Financing Update 2024

Jul 1, 2024

To	To
BSE Limited	National Stock exchange of India Limited
Listing Department,	Exchange Plaza, C-1, Block G,
P.J. Towers, Dalal Street,	Bandra Kurla Complex, Bandra (E)
Mumbai — 400 001	Mumbai — 400 051
Scrip Code: 532694	Symbol: ASMS

Subject: Announcement under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015-Reg

Dear Sir/ Madam,

Pursuant to Regulation 30 of the Listing Regulations, we hereby inform you that we have received In-Principle approval for the proposed issue of up to [@] equity shares of face value of Re. 1/- each of the Company for cash at a price of [¢] per nghts equity share (including a premium of [¢@] per rights equity share), aggregating up to 49.90 Crores on a rights basis to the eligible equity shareholders of the Company, from BSE and NSE (Stock Exchanges).

Enclosed herewith the In-Principle approval letters received from the Stock Exchanges along with this letter.

Kindly take the same on your records.

Thanking You

For Bartronics India Limited

ASHWANI SINGH

Digitally signed by ASHWANI SINGH BISHT Date: 2024.07.01 12:15:54 +05'30'

Ashwani Singh Bisht Company Secretary & Compliance Officer M.No: A72076 BISHT

Encl: as above

BARTRONICS INDIA LIMITED

Plot No. 193, 1st Floor, SV Chambers, Phase II, Kavuri Hills, Madhapur, Hyderabad-500 033, TS, India. Tel : 040 49269269, Fax : 040 49269246 CIN: L29309TG1990PLC011721, Email : Info@bartronics.com www.bartronics.com

National Stock Exchange Of India Limited

Ref.No: NSE/LIST/41130 June 28, 2024

The Company Secretary, Bartronics India Limited Plot No 193, Block-B Kavuri Hill, GB Pet, Madhapur Hyderabad-500033.

Kind Attn.: Mr. Ashwani Singh Bisht

Dear Sir,

Sub: Proposed Rights issue of up to [¢| Equity shares of face value of Re. 1 each.

We are in receipt of application regarding in-principle approval for proposed issue of up to [@] equity shares of face value of Re. 1/- each of the Company for cash at a price of [@] per rights equity share (including a premium of <[¢] per nights equity share), aggregating up to ¥49.9 Crores on a rights basis to the eligible equity shareholders of the company in the ratio of [e] rights Equity for every [@] equity shares held by the eligible equity shareholders of the company on the record date.

In this regard, the Exchange is pleased to grant in-principle approval for issue, subject to the Company fulfilling the following conditions:

• 1. Filing the listing application at the earliest from the date of allotment.
• 1. Receipt of statutory and other approvals and compliance of guidelines/regulations issued by the statutory authorities including SEBI, RBI, MCA, etc.
• 1. Compliance with all the guidelines, regulations, directions of the Exchange or any statutory authorities, documentary requirements from time to time.
• 1. Compliance of all conditions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as on date of listing.
• 1. Compliance of the Companies Act, 1956 / Companies Act, 2013 and other applicable laws.

The Exchange reserves its right to withdraw its in-principle approval at a later stage if the information submitted to the Exchange is found to be incomplete/incorrect/misleading/false or in contravention of any Rules, Bye-laws and Regulations of the Exchange and Securities Laws.

You have been permitted to use the name of the National Stock Exchange of India Limited in the Letter of Offer in respect of the proposed rights issue provided the Company prints the Disclaimer Clause as given below in the offer document after the SEBI disclaimer clause.

"As required, a copy of this letter of offer has been submitted to National Stock Exchange of India Limited (hereinafter referred to as NSE). NSE has given vide its letter Ref. No. NSE/LIST/41130 dated June 28, 2024 permission to the Issuer to use the Exchange's name in this letter of offer as one of the stock exchanges on which this Issuer's securities are proposed to be listed. The Exchange has scrutinized this letter of offer for its limited internal purpose of deciding on the matter of granting the aforesaid permission to this Issuer.

It is to be distinctly understood that the aforesaid permission given hy NSE. should not in any way be deemed or construed that the letter of offer has been cleared or approved by NSE; nor does it in any manner warrant, certify or endorse the correctness or completeness of any of the f this. lettes of offer;,nor does it

warrant that this Issuer's securities will be listed or will continue to be listed on the Exchange; nor does it take any responsibility for the financial or other soundness of this Issuer, its promoters, its management or any scheme or project of this Issuer.

Every person who desires to apply for or otherwise acquire any securities of this Issuer may do so pursuant to independent inquiry, investigation and analysis and shall not have any claim against the Exchange whatsoever by reason of any loss which may be suffered by such person consequent to or in connection with such subscription /acquisition whether by reason of anything stated or omitted to be stated herein or any other reason whatsoever."

You may insert the following lines in the advertisements instead of the entire disclaimer clause: "It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the letter of offer has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the letter of offer. The investors are advised to refer to the letter of offer for the full text of the 'Disclaimer Clause of NSE".

Kindly note that the Exchange will issue approval for listing and trading of equity shares subject to the compliances as stated above. The Company should not take any steps to dematerialize any of the securities except rights entitlement pursuant to the in — principle approval given in this letter by the Exchange, until further notice.

The proposed issue can open for subscription within a period of 12 months from the date of this letter.

Yours faithfully, For National Stock Exchange of India Limited

Charmi Dharod Senior Manager

ce:

Lead Managers to the Issue	Registrar to the Issue
IN.A.	IBigshare Services Private Limited Office No 86-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East)
	Mumbai 400 093

Depositories
	National Securities Depository Limited	Central Depository Services Limited
	Mth Floor, Trade world, Kamala Mills, Compound,	Marathon Futurex, A-Wing, 25th floor,
	Senapati Bapat Marg,	INM Joshi Marg, Lower Parel,
	Lower Parel, Mumbai - 400013	Mumbai - 400013.

LOD/RIGHT/TT/FIP/446/2024-25 June 19, 2024

The Company Secretary, BARTRONICS INDIA LTD. Survey No. 351, Raj Bollaram Village,

Medchal Mandal & District, Hyderabad, Telangana, 501401

Dear Sir/Madam,

Sub: Proposed Rights Issue of Fully Paid-up Equity shares by the Company.

We refer to your application dated April 02, 2024 and are pleased to inform you BARTRONICS INDIA LTD. may use the name of this Exchange in its Letter of Offer, of its proposed rights issue of Fully paid up Equity Shares, provided the Company prints the "DISCLAIMER CLAUSE" as given below in its Letter of Offer after the "DISCLAIMER CLAUSE" of SEBI and also in all the advertisements relating to the Company's Rights Issue where this Exchange's name is mentioned.

"BSE Limited ("the Exchange") has given vide its letter dated June 19, 2024, permission to this Company to use the Exchange's name in this Letter of Offer as the stock exchange on which this Company's securities are proposed to be listed. The Exchange has scrutinized this letter of offer for its limited internal purpose of deciding on the matter of granting the aforesaid permission to this Company. The Exchange does not in any manner:

• e Warrant, certify or endorse the correctness or completeness of any of the contents of this letter of offer; or
• e Warrant that this Company's securities will be listed or will continue to be listed on the Exchange; or
• e Take any responsibility for the financial or other soundness of this Company, its promoters, its management or any scheme or project of this Company;

and it should not for any reason be deemed or construed that this letter of offer has been cleared or approved by the Exchange. Every person who desires to apply for or otherwise acquires any securities of this Company may do so pursuant to independent inquiry, investigation and analysis and shall not have any claim against the Exchange whatsoever by reason of any loss which may be suffered by such person consequent to or in connection with such subscription/acquisition whether by reason of anything stated or omitted to be stated herein or for any other reason whatsoever"

You may insert the following lines instead of the entire disclaimer clause in all the advertisements relating to the Company's rights issue where this Exchange's name is mentioned:

"It is to be distinctly understood that the permission given by BSE Limited should not in any way be deemed or construed that the letter of offer has been cleared or approved by BSE Limited, nor does it certify the correctness or completeness of any of the contents of the letter of offer. The investors are advised to refer to the letter of offer for the full text of the Disclaimer clause of the BSE Limited".

For the purpose of issuing right securities, a record date should be fixed by the Company for which at least three working days advance notice should be given to the Exchange. Further you are required to

disclose and intimate to the exchange the rights issue price of the equity shares, at least 3 working days prior to the record date.

The Company has to comply with all the legal and statutory formalities / compliances before finalizing its offer documents. The Company will be responsible for the disclosures made in/ omitted from the offer documents. The Company will be solely responsible for any consequence arising due to nondisclosure, suppression and/ or mis-statement of information in the offer document, non-issuance of corrigendum, wherever applicable, and/or non-intimation of such information to the Exchange and its shareholders.

The Company should comply with all applicable statutory requirements, as applicable to the Rights issue of the Company.

The Exchange is also pleased to grant its in-principle approval for listing of Fully paid-up equity shares proposed to be issued on rights basis, subject to the Company's completing post-issue requirements and complying with the necessary statutory, legal & listing formalities.

You are also requested to ensure the following: -

• e Ten Printed copies of Letter of Offer and Composite Application Form should be sent to us at the same time it is dispatched to the shareholders. The Company should confirm that the posting of letter of offer & composite application form has been completed, whereupon dealings in Letters of Renunciation of the new securities will be permitted on the Exchange.
• e The Company shall ensure that it has entered into agreements with all the depositories for dematerialization of securities. They shall also ensure that an option be given to the investors to receive allotment in dematerialized form through any of the depositories.
• e The Company should deposit with the Exchange an amount equivalent to 1% of the securities offered for subscription, before the opening of the issue, with the Designated Exchange and shall have to obtain clearance from SEBI in respect of investors' complaints relating to the issue before claiming refund of such amount.
• e The Company should get the Basis of Allotment of its Rights securities approved by the Designated Stock Exchange, even in the case of under-subscription.
• ^eAs per the Regulation 6(1) of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, qualified Company Secretary should be the Compliance officer of the Company. You are requested to incorporate the same in the final offer document.
• ^eTo make payment of all applicable charges levied by the Exchange for usage of any system, software or similar such facilities provided by BSE which the company shall avail to issue & list securities for which the approval given vide this letter.

Yours faithfully, th wie: bVO WS Selo — aa Asawa

Senior Manager Assistant Manager