Calcom Vision Ltd. — Capital/Financing Update 2024

Sep 25, 2024

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September 25, 2024

To, The Manager (Department of Corporate Services) Bombay Stock Exchange Ltd. Phiroze Jeejeebhoy Towers Dalal Street MUMBAI - 400 001

Scrip Code: 517236

Dear Sir/Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Company on September 25, 2024 has approved the formation of a wholly owned subsidiary named “Calcom Kadapa Private Limited” by acquiring the remaining one share of Rs. 10/- each in it.

The details as required under SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, are enclosed as Annexure-A to this letter.

This is for your information and records.

Thanking You

Yours Truly For Calcom Vision Limited

Rakhi Digitally signed by Rakhi Sharma Sharma Date: 2024.09.25 17:32:06 +05'30'

Rakhi Sharma Company Secretary and Compliance officer M. No A72812

Encl-A/a

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Annexure-A

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S.No Particulars Details
1. Name of the target Calcom Kadapa Private Limited
entity, details in Authorised Capital: Rs. 1,00,000 (Rupees One Lakh Only),
brief such as size, 10,000 Equity Shares of Face Value of Rs. 10 each
turnover etc.: Paid Up Capital: Rs. 10,000 (Rupees Ten Thousand Only),
1000 Equity Shares of Face Value
Size/Turnover
Not Applicable as Company has not yet commenced
operations.
2. Whether the The Wholly Owned Subsidiary company is a related party
acquisition would of our Company.
fall within related
party transaction(s) Save and except mentioned above, the
and whether the Promoter/Promoter Group/ Group Companies are not
promoter/ interested in the Transaction.
promoter group/
group companies Subscription of Shares is on Arm’s Length Price.
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”:
3. Industry to which Electronics Industry
the entity being
acquired belongs
4. Objects and effects It is contemplated that the WOS incorporated in India shall
of acquisition carry on the business of manufacture, assemble, erect,
(including but not install, purchase, import, export, equip, sell, trade,
limited to, fabricate, design, distribute, repair, maintain, exchange,
disclosure of alter, lease or hire, sell or hire purchase, service, design,
reasons for research and improve, exchange, maintain, repair,
acquisition of target refurnish, store and otherwise deal in any manner in all
entity, if its business types of electrical and electronic goods, including but not
is outside the main limited to, LED bulbs, LED Panels, LED Battens, LED Street
line of business of Lights, LED Power Bulbs, Tube Lights, Down lighters,
the listed entity); Emergency Bulbs, Drivers, Flood Lights, Facade Lights and
all kinds and types of LED Lights such as LED Specialty
Lights, LED Solar Lights, LED Automobile Lights, LED
Fancy Lights, LED Industrial Lights, Traditional Lighting
such as Electronic Ballasts, Luminaries and other related
products and accessories thereto.
5. Brief details of any Not Applicable
governmental or
regulatory
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approvals required for the acquisition; 6. Nature of 100% Subscription to the Paid Up Share Capital in Cash. consideration – whether cash consideration or share swap and details of the same : 7. Date of formation, Date of formation of WOS : - 25/09/2024 history of last 3 years turnover, History/ Turnover:- Not Applicable country in which the acquired entity has Country:- India presence and any other significant information. 8. Indicative time Not Applicable as Shares Subscribed period for completion of the acquisition 9. Cost of Acquisition Face Value of Rs. 10/- each or the price at which the Shares will be acquired