Capacit'e Infraprojects Limited — Capital/Financing Update 2020

Jul 15, 2020

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Ref: CIL/STEX 30/2020-21

Date: July 15, 2020

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,

Subject: Intimation pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

With reference to the above captioned subject, we wish to inform you the following:

1. Appointment of Ms. Varsha Malkani having Membership No. A42637 as Company Secretary & Compliance Officer of the Company with effect from July 15, 2020 in terms of provisions of Section 203 of the Companies Act, 2013 and the rules made thereunder, Regulation 6 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Regulation 2(1)(c) of SEBI (Prohibition of Insider Trading) Regulations, 2015 read with Code of Conduct for Regulating, Monitoring and Reporting of Trading by Insiders of the Company and will be responsible for all compliance related matters during her tenure. Consequently, Ms. Monica Tanwar ceased to be the Compliance Officer of the Company with effect from July 15, 2020.

The details required under Regulation 30 of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/2015 dated 9[th] September, 2015 are as under:

Particulars	Details
Reason for change viz. appointment, resignation, removal, death or otherwise;	Appointment as Company Secretary & Compliance Officer.
Date of Appointment & Term of Appointment	With effect from July 15, 2020 The Terms of appointment of Company Secretary and Compliance Officer is as approved by the Board of Directors in their meeting held on July 15, 2020.
Brief Profile	Ms. Varsha Malkani is an Associate Member of Institute of Company Secretaries of India having membership no. A42637. She has total experience of 9 years in Secretarial and Legal compliances.
Disclosure of relationship between Directors (In case of appointment as Director)	Not Applicable

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Further pursuant to Regulation 30(5) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Ms. Varsha Malkani is also authorized to evaluate and determine the materiality of any information / event in accordance with the Company's Policy for determination of materiality of disclosures and make appropriate disclosures of such event / information to the Stock Exchanges where shares of the Company are listed. Accordingly, the Contact details of the persons authorized for the purpose of determining materiality of an event or information and for the purpose of making disclosures to the Stock Exchange are as under:

Name	Mr. RohitR. Katyal	Ms. VarshaMalkani
Designation	ExecutiveDirector& CFO	Company Secretary & Compliance Officer
Address	6~~th~~floor , 605-607, “A” Wing, Shrikant Chambers, Next to R. K. Studios, Sion Trombay Road, Chembur, Mumbai- 400071,Maharashtra,India	6th floor , 605-607, “A” Wing, Shrikant Chambers, Next to R. K. Studios, Sion Trombay Road, Chembur, Mumbai- 400071,Maharashtra,India
E-mail Id	cs@capacite.in	compliance@capacite.in
Phone	022-71733717	022-71733717

2. The Company has completed investment of Rs. 6.04 Million in Captech Technologies Private Limited (“The Investee Company”). Consequent to the investment, the total shareholding of the Company in Captech Technologies Private Limited is 1,24,000 Equity Shares of Rs.10 each constituting 40% of its Paid-up Share Capital.

The details required under Regulation 30 of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/2015 dated 9[th] September, 2015 are given in the enclosed Annexure- I

This is for your information and records.

Yours faithfully,

For Capacit'e Infraprojects Limited

ROHIT RAMNATH KATYAL Digitally signed by ROHIT RAMNATH KATYAL DN: c=IN, o=Personal, cn=ROHIT RAMNATH KATYAL, serialNumber=ac596f1b051dd1a986a26a97237d65be49048ebe8b114bdaed09a37b870942a6, postalCode=400088, 2.5.4.20=995edb7c0d058cefbd110aa26cc412aefb173ae2459309240a2a8a3a0464a75c, st=Maharashtra Date: 2020.07.15 18:07:22 +05'30'

Rohit R. Katyal Executive Director & CFO DIN: 00252944

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Annexure - I

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Disclosure under sub-para (1) i.e. Acquisition(s) (including agreement to acquire) of Para A of Part A of Schedule III to the Regulation 30 of SEBI (Listing Obligations & Disclosures Requirements) Regulations, 2015

2015
**Sr.No. **	Particulars	Details
1.	Name of the target entity	Captech Technologies Private Limited (“Captech”)
2.	Details in brief such as size, turnover etc.	The paid up capital of Captech is Rs. 31,00,000 (Rs Thirty one lakh only). Captech is a newly formed Company and hence the turnover as per the Audited Financial Statement ending on March 31, 2020 is negligible.
3.	i. Whether the acquisition would fall within related party transaction(s) ii. Whether the promoter / promoter group / group companies have any interest in the entity being acquired? iii. If yes, nature of interest and details thereof and whether the sameis done at“arm’slength”	i. Yes ii. Yes iii. Promoter Group holds 60% of the paid up share capital of Captech. The transactions are at arm’slength
4.	Industry to which the entity being acquired belongs	Information Technology Industry/ Sector
5.	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	Captech is engaged in the business of offering various Information Technology solutions including mobile applications, software solutions primarily to cater needs of construction industries. Captech recently launched integrated multi-lingual technology platform specifically for labour deployment and project management, named as “eFORCE”. “eFORCE" is an platform that connects general contractors / project developers, migrant labour contractors & specialized vendors based on their needs. These IT solutions are complementary to our business. The Company would further benefit from such future launches by Captech.
6.	Brief details of any governmental or regulatory approvals required for the acquisition.	Not Applicable
7.	Indicative time period for completion of acquisition	July 15, 2020
8.	Nature of Consideration- whether cash consideration or share swap and details ofthe same.	Cash Consideration
9.	Cost of acquisition or the price at whichthe shares are acquired.	Total consideration – Rs 6.04 Million

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10.	Percentage of shareholding/control acquired and / or number of shares acquired.	1,24,000 of Rs.10 each 40% of the paid up Capital
11.	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).	Captech Technologies Private Limited is a start up founded by Mr. Asutosh R. Katyal, incorporated on October 28, 2019 and is engaged in the business of offering various Information Technology solutions including mobile applications, software solutions primarily to cater needs of construction industries. The registered office of Captech is located in Mumbai,India

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