Cambridge Technology Enterprises Ltd. — Capital/Financing Update 2021

Jul 2, 2021

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July 03, 2021

To, Corporate Relationship Department, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001

To, The Listing Department, National Stock Exchange of India Ltd Exchange Plaza, Plot No/C/1, G Block Bandra Kurla Complex , Bandra (East), Mumbai – 400 051

Dear Sir/Madam,

Sub: Forfeiture of Up-front Money received against allotment of 33,60,000 Warrants

This is with reference to our letter dated January 09, 2020 w.r.t allotment of 33,60,000 Convertible Share Warrants on preferential basis to Worldwide Technology Investments Pte. Ltd., Singapore, Promoter Group, at an issue price of Rupees 31/- (Rupees Thirty-One Only) each with a right to the Warrant holder to apply for and get allotted 1 (One only) equity share of Rupees 10/- (Rupees Ten Only) each per Warrant within a period of 18 months from the date of allotment of Warrants.

It may kindly be noted that a sum of Rupees 2,68,11,427.50/- (Rupees Two crores sixty eight lacs eleven thousand four hundred and twenty seven only), being 25% of the Upfront Warrant Subscription Amount, was received by the Company before allotment of the said 33,60,000 Warrants. The balance amount against the aforesaid warrants have not been received by the Company till July 02, 2021 (being 18 months from the date of allotment of warrants) and accordingly, pursuant to regulation 162 of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, the said up-front subscription money received by the Company from the allottee i.e., Worldwide Technology Investments Pte. Ltd., Singapore stands forfeited.

Thanking you,

Yours faithfully, For Cambridge Technology Enterprises Limited

ASHISH Digitally signed by ASHISH BHATTAD BHATTAD Date: 2021.07.03 02:00:01 +05'30'

Ashish Bhattad (Company Secretary & Compliance Officer) Membership No. A34781

Registered & Corporate Office: Cambridge Technology Enterprises Limited Unit No 04 - 03, Level 4, Block 1 Cyber Pearl, Hitec City, Madhapur Hyderabad - 500 081, Telangana, India. Tel:+91-40-4023-4400 Fax:+91-40-4023-4600 Email id: investors@ctepl.com

Bengaluru 91 Springboard Business Hub Pvt Ltd, 4th Floor, #175 & #176, Dollars Colony, Phase 4, JP Nagar, Bannerghatta Main Road, Bengaluru - 560 076, Karnataka, India. Tel: +91-80-4633-4400 Fax:+91-80-4299-5779

Mumbai Chennai Level 4, A Wing, Dynasty Business AMARA SRI, situated at old No: Park Andheri Kurla Road, Andheri 313, New No: 455, Block No: 75, (E) Mumbai - 400 059, 7th floor, Anna Salai Teynampet, Maharashtra, India. Chennai 600018, Tamilnadu, Tel:+91-22-6786-9410 India Fax:+91-22-6786-9199 Tel: 040-40234400

www.ctepl.com

CIN: L72200TG1999PLC030997