BHARAT GLOBAL DEVELOPERS LIMITED — Board/Management Information 2024

Jan 19, 2024

Kkrrafton Developers Limited (Formerly known as Sequel E – Routers Limited) CIN: L70100GJ1992PLC017815

Date: 19.01.2024

To, Department of Corporate Services The Bombay Stock Exchange Ltd. P.J. Towers, Dalal Street, Fort, Bombay- 400 001

Dear Sir,

Sub.: Revised Outcome under Regulation 30 of SEBI (LODR) Regulations, 2015.

Ref.: BSE Script code:- 521238

With reference to the caption subject, we hereby clarify that there was a typographical error in Annexure B of outcome of Board Meeting was held 18.01.2024. We hereby rectified the same and attached revised Outcome with corrected Annexure B.

Please kindly take into your records.

Thanking You, Yours faithfully,

For Kkrrafton Developers Limited,

Ashok Kumar Digitally signed by Ashok Kumar Sewda DN: c=IN, o=Personal, title=3263, 2.5.4.20=dcd222ed0b882867286eea6ba5db86d625e4b221e62534c84d12988dd43e29ee , postalCode=394210, st=Gujarat, serialNumber=c488c0f30cd0d47662d84a73 Sewda a72f1d5bd90db417085a6673a98e5a928e708790, cn=Ashok Kumar Sewda Date: 2024.01.19 19:01:35 +05'30'

Name: Ashok Kumar Sewda Designation: Additional Director DIN: 06703029

Regd. Office: A 707 Sun West Bank, Ashram Road, Ahmedabad-380009, Gujarat, India. Mail us at: sequelerou@gmail.com http://www.sequel-e-routersltd.com/

Kkrrafton Developers Limited (Formerly known as Sequel E – Routers Limited) CIN: L70100GJ1992PLC017815

January 18, 2024

Department of Corporate Services, BSE Ltd,

Ground Floor, P.J. Towers, Dalal Street Fort, Mumbai-400001.

Subject: Outcome of Board Meeting to be held today i.e Thursday, January 18, 2024.

Ref: ISIN: INE893C01032, SECURITY CODE: 521238, SECURITY ID: KDL

Dear Sir/Madam,

With regards to the captioned matter and pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we wish to inform you that at the meeting of the Board of Directors of Kkrrafton Developers Limited held today i.e. Thursday, January 18, 2024 commenced at 04:30 PM and ended at 09:30 PM at the Registered office of the Company situated at A /707 Sun West Bank, Ashram Road, Ahmedabad-380009, Gujarat, India. The Board of Directors of the Company (“Board”) considered, deliberated and discussed, approved / noted the following matters:

1. Subject to the approval of the shareholders of the Company in the Extra-Ordinary General Meeting of the Company, alter the main object clause of the Memorandum of Association of the Company by addition of the new object clause of to carry on the business of Infrastructure & Civil Contracting & Construction Company, Mining and Exploration of Minerals, and Information Technology.

2. Subject to the approval of the shareholders of the Company in the Extra-Ordinary General Meeting of the Company, from Rs. 6 crores divided into 60,00,000 equity shares of face value Rs. 10/- per share to Rs. 100 crores divided into 10,00,00,000 equity shares of face value Rs. 10/- per share.

3. Offer, issue and allot 9,72,00,000 Equity Shares of face value Rs. 10/- each at par as may be determined in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("SEBI ICDR Regulations"), on a Preferential Basis to Non-promoters for cash consideration subject to the approval of the shareholders of the Company in the Extra-Ordinary General Meeting proposed to be held in this regard.

The updated details regarding the issuance of securities as required pursuant to the SEBI Master Circular issued vide circular no. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023, read with SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are set out in Annexure A to this letter.

Regd. Office: A 707 Sun West Bank, Ashram Road, Ahmedabad-380009, Gujarat, India. Mail us at: sequelerou@gmail.com http://www.sequel-e-routersltd.com/

Kkrrafton Developers Limited (Formerly known as Sequel E – Routers Limited) CIN: L70100GJ1992PLC017815

1. Undertake investments of upto Rs. 100 crores for the growth of business of the Company including but not limited to acquisitions of growing businesses in India and / or abroad, setting up of subsidiaries in India and / or abroad, etc.

2. Considered and approved acquisition of United Arab Emirates company ‘ KDL Overseas Fze ’. Refer Annexure B

3. Considered and approved the reconstitution of following committees of the Board:

4. A. Audit Committee

5. B. Nomination and Remuneration Committee

6. C. Stakeholders Relationship Committee

A. Audit Committee

S. No.	Name	Position	Category of Director
1	Rakesh Dutta	Chairman	Independent Non-Executive Director
2	Vinod Kumar Mishra	Member	Independent Non-Executive Director
3	Ashok Kumar Sewda	Member	Managing Director

• B. Nomination and Remuneration Committee

S. No.	Name	Position	Category of Director
1	Rakesh Dutta	Chairman	Independent Non-Executive Director
2	Vinod Kumar Mishra	Member	Independent Non-Executive Director
3	Nirali P Karetha	Member	Non-Executive Director

• C. Stakeholders Relationship Committee

S. No.	Name	Position	Category of Director
1	Nirali P Karetha	Chairman	Non-Executive Director
2	Dinesh Kumar Sharma	Member	Wholetime Director
3	Rakesh Dutta	Member	Independent Non-Executive Director

1. Appointment of K M Chauhan & Co., Chartered Accountants as the statutory auditors of the Company till the conclusion of Annual General Meeting of the Company for financial year 2023-2024.

Regd. Office: A 707 Sun West Bank, Ashram Road, Ahmedabad-380009, Gujarat, India. Mail us at: sequelerou@gmail.com http://www.sequel-e-routersltd.com/

Kkrrafton Developers Limited (Formerly known as Sequel E – Routers Limited) CIN: L70100GJ1992PLC017815

1. Appointment of CS Himanshu Togadiya of H. Togadiya & Associates, Practising Company Secretaries, as the Secretarial Auditor of the Company, for the Financial Year 2023-24.

2. Appointment of CS Himanshu Togadiya of H. Togadiya & Associates, Practising Company Secretaries, to conduct the voting process in a fair and transparent manner.

3. Considered holding of Extra-ordinary General Meeting of the shareholders of the Company on February 14, 2024, at 04.00 pm at A 707, Sun West Bank, Ashram Road, Ahmedabad380009, Gujarat, India.

4. Approved the Notice of the Extra-Ordinary General to be held on February 14, 2024.

Thanking You. Yours faithfully,

For Kkrrafton Developers Limited,

Ashok Kumar Digitally signed by Ashok Kumar Sewda DN: c=IN, o=Personal, title=3263, 2.5.4.20=dcd222ed0b882867286eea6ba5db86d625e4b221e62534c84d12988dd43e29 ee, postalCode=394210, st=Gujarat, serialNumber=c488c0f30cd0d47662d84a73 Sewda a72f1d5bd90db417085a6673a98e5a928e708790, cn=Ashok Kumar Sewda Date: 2024.01.19 19:03:24 +05'30'

Name: Ashok Kumar Sewda Designation: Additional Director DIN: 06703029

Encl: As Above

Regd. Office: A 707 Sun West Bank, Ashram Road, Ahmedabad-380009, Gujarat, India. Mail us at: sequelerou@gmail.com http://www.sequel-e-routersltd.com/

Kkrrafton Developers Limited (Formerly known as Sequel E – Routers Limited) CIN: L70100GJ1992PLC017815

Annexure A

Disclosure of Event and Information pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with SEBI circular SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 and SEBI/HO/CFD/CFD‐PoD‐1/P/CIR/2023/123 dated July 13, 2023.

Sr. No	Particulars of Securities	Particulars of Securities	Particulars of Securities	Details	Details	Details	Details	Details
a)	Type of securities proposed to be issued			Equity Shares of face value Rs. 10/- per share
b)	Type of issuance			Preferential Issue
c)	Total number of securities proposed to be issued or the total amount for which the securities will be issued			Upto 9,72,00,000 Equity shares of face value Rs. 10/- per share.
d)	Issue Price			Rs. 10/- per share (at par) as determined in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("SEBI ICDR Regulations")
e)	In case of preferential issue the listed entity shall disclose the following additional details to the stock exchange(s):
i)	Name of Investors and their corresponding subscription of No. of Warrants / Equity Shares		Sr.N o		Name of the of the Investors	No. of Equity Shares proposed to be subscribed	Category
			1		Chandan Chaurasiya	37,82,000	Non-Promoter
			2		Praful Guptakaushal	37,82,000	Non-Promoter
			3		Ganji Dhruv	37,82,000	Non-Promoter
			4		Mistry Ghanshyam B	2,50,000	Non-Promoter
			5		Parmar Danabhai Gandabhai	2,50,000	Non-Promoter
			6		Kavit Bharat Sanghavi	30,000	Non-Promoter
			7		Minal Ghanshyamsinh	30,000	Non-Promoter
			8		Ayush Shaileshbhai Patel	2,00,000	Non-Promoter
			9		Makvana Mahadev Manubhai	37,82,000	Non-Promoter
			10		Jadav Dhaval Manubhai	70,00,000	Non-Promoter
			11		Hiren Maheshbhai Sadhu	70,00,000	Non-Promoter
			12		Prasad Shirke	30,000	Non-Promoter
			13		Manubhai Sendhabhai Bharwad	70,00,000	Non-Promoter
			14		Neel Kamleshbhai Sanandiya	70,00,000	Non-Promoter
			15		Bhupender Kumar	30,000	Non-Promoter
			16		Ranjitsinh Ishwarsinh Rajput	37,82,000	Non-Promoter
			17		Sevantikar Prashant Vishnubhai	37,82,000	Non-Promoter

Regd. Office: A 707 Sun West Bank, Ashram Road, Ahmedabad-380009, Gujarat, India. Mail us at: sequelerou@gmail.com http://www.sequel-e-routersltd.com/

Kkrrafton Developers Limited (Formerly known as Sequel E – Routers Limited) CIN: L70100GJ1992PLC017815

			18	Bharvad Nishitaben Chandrakant	Bharvad Nishitaben Chandrakant	70,00,000	Non-Promoter
			19	Mahammadfaruk Hajibhai Mir		37,82,000	Non-Promoter
			20	Pujabahen Barot		37,82,000	Non-Promoter
			21	Vikrambhai Gokalbhai Chaudhari		37,82,000	Non-Promoter
			22	Nikhil Rajesh Singh		37,82,000	Non-Promoter
			23	Arun Mohanbhai Kordia		30,000	Non-Promoter
			24	Jayeshbhai Kanjibhai Parmar		60,00,000	Non-Promoter
			25	Kevinkumar Mansukhlal Saparia		60,00,000	Non-Promoter
			26	Arjun Kishorbhai Bhut		60,00,000	Non-Promoter
			27	Sheetal M Jhala		30,000	Non-Promoter
			28	Veer Vikas Sorathiya		2,50,000	Non-Promoter
			29	Prajapati Jignesh Shankarlal		2,50,000	Non-Promoter
			30	Thesiya Kajalben		25,00,000	Non-Promoter
			31	Lakhani Pradipkumar		25,00,000	Non-Promoter
			Tota l			9,72,00,000
ii)	Post Allotment of securities - outcome of the subscription, issue price / allotted price (in case of convertibles), number of investors;				NA
iii)	in case of convertibles - intimation on conversion of securities or on lapse of the tenure of the instrument;				NA
iv)	Tenure/ Conversion				NA

Regd. Office: A 707 Sun West Bank, Ashram Road, Ahmedabad-380009, Gujarat, India. Mail us at: sequelerou@gmail.com http://www.sequel-e-routersltd.com/

Kkrrafton Developers Limited (Formerly known as Sequel E – Routers Limited) CIN: L70100GJ1992PLC017815

ADnnexure B

Disclosure of Event and Information pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with SEBI circular SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 and SEBI/HO/CFD/CFD‐PoD‐1/P/CIR/2023/123 dated July 13, 2023.

Sr. No.	Particulars	Details
1.	Name of the target entity, details in brief such as size, turnover etc	Name:KDL Overseas Fze or any other names as may be approved. Proposed Authorised Capital: AED 3,00,000 (AED Three lakhs only)
2.	Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at 'arm's length"	The target company after acquisition will be related party of the company as subsidiary. Save and except what is mentioned above, the promoter/ Promoter group are not interested in the transaction.
3.	Industry to which the entity being acquired Automotive belongs	Diamond & Jewellery
4.	Objects and effects of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity)	The target company shall carry out business in the field of Diamond & Jewellery.
5.	Brief details of any governmental or regulatory approvals required for the acquisition	Not Applicable
6.	Indicative time period for completion of the acquisition	Not Applicable
7.	Nature of consideration - whether cash consideration or share swap and details of the same	75% of the proposed share capital in cash.
8.	Cost of acquisition or the price at which the shares are acquired	1000 AED per share
9.	Percentage of shareholding control acquired and or number of shares acquired	75% of shareholding of the company.
10.	Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief)	The company is in process of incorporation.

Regd. Office: A 707 Sun West Bank, Ashram Road, Ahmedabad-380009, Gujarat, India. Mail us at: sequelerou@gmail.com http://www.sequel-e-routersltd.com/