Capacit'e Infraprojects Limited — Capital/Financing Update 2019

Jul 19, 2019

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Ref : CIL/STEX 30/Q2FY20 Date : July 19, 2019 To, The Secretary, The Secretary, BSE Limited National Stock Exchange of India Limited Corporate Relation Dept. Plot No. C/1, G Block, P.J. Towers, Bandra Kurla Complex Dalal Street, Fort, Bandra (East) Mumbai-400 001 Mumbai-400 051 Scrip Code – /Scrip Id: 540710/CAPACITE Scrip Symbol: CAPACITE

Dear Sir/ Madam,

Sub: Outcome of the Board Meeting held on July 19, 2019

With reference to intimation submitted to the stock exchanges dated July 15, 2019 for schedule of Board Meeting and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended this is to inform you that the Board of Directors in their meeting held today i.e. July 19, 2019 at the office of the Company situated at 808 B, 8[th] Floor, One BKC, Plot No. C-66, Bandra Kurla Complex, Bandra East, Mumbai – 400 051, commenced at 12:30 p.m. and concluded at 1:45 p.m., inter alia, considered and approved the following:

1. Appointment of M/s. Mahajan and Aibara, Chartered Accountants, as Internal Auditors for the Financial Year 2019-20

2. Appointment of M/s. Y. R. Doshi & Associates, Cost Accountants as Cost Auditors for the Financial Year 2019-20.

3. Consideration and recommendation of re-classification of Authorized Share Capital of the Company to the Shareholders. Please see below, the details of the resolution in this regard:

“ Re-classification of existing Authorized Share Capital of the Company of ₹80,00,00,000/- (Rupees Eighty Crore only) divided into 7,66,50,000 (Seven Crore Sixty Six Lakhs Fifty Thousand) equity shares of ₹10/- (Rupees Ten only) each aggregating to ₹ 76,65,00,000/- (Rupees Seventy Six Crore Sixty Five Lakhs only) and 16,75,000 (Sixteen Lakhs Seventy Five Thousand) Compulsory Convertible Cumulative Preference Shares of face value of ₹ 20/- (Rupees Twenty only) each to ₹ 80,00,00,000/- (Rupees Eighty Crore only) divided into 8,00,00,000 (Eight Crore only) equity shares of ₹ 10/- (Rupees Ten only) each to be reclassified to ₹80,00,00,000/- (Rupees Eighty Crore only) divided into 8,00,00,000 (Eight Crore only) equity shares of ₹10/- (Rupees Ten only) each and the same shall be placed before the members at ensuing General Meeting for approval .”

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4. Consideration and recommendation of fund raising by way of issue of securities of the Company. Please see below, the details of the resolution in this regard:

“ Fund raising by way of an issue of further capital through a private placement of equity shares including by way of a qualified institutions placement in accordance with Chapter VI of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, (“ SEBI ICDR Regulations ”) or preferential issue of equity shares in accordance with Chapter V of the SEBI ICDR Regulations or issue of any other eligible securities, to such investors that may be permitted to invest in such issuance of securities of the Company for an aggregate amount upto ₹ 250 Crores (Rupees Two Hundred & Fifty Crores) subject to receipt of such approvals as may be required including the approval of the members at a General Meeting or through postal ballot and further subject to such other statutory/regulatory approvals, as applicable from time to time. ”

This is for your information. Kindly take the same on records.

Thanking you,

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