C.E. Info Systems Limited — Capital/Financing Update 2023

Nov 27, 2023

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November 27, 2023

The Listing Department The Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Bandra Kurla Complex, Bandra (East) Mumbai 400 001 Mumbai 400 051 BSE SCRIP Code: 543425 NSE Symbol: MAPMYINDIA

• Subject : Outcome of the Board Meeting held on November 27, 2023 of C.E. Info Systems Limited (hereinafter referred to as “the Company” ).

Dear Sir / Madam,

This is with reference to our earlier intimation dated November 22, 2023 on Fund raising, we wish to inform you that the Board of Directors of the Company (the “Board”), at its meeting held today, i.e. November 27, 2023, commenced at 10:30 AM and concluded at 1:30 PM has inter-alia approved:

1. Raising of funds by way of issuance of such number of equity shares having face value of Rs. 2/- each of the Company (“Equity Shares”), for an aggregate amount not exceeding Rs. 500 Crores (Rupees Five Hundred Crores only) or an equivalent amount thereof by way of qualified institutional placement (“QIP”) in accordance with the applicable laws, subject to the receipt of the necessary approvals including the approval of the members of the Company and other regulatory / statutory approvals, as may be required;

2. To seek approval of the shareholders for the aforesaid issuance and ancillary actions by way of special resolution through postal ballot process;

3. To Constitute QIP Committee for all matters relating to the further fund raising by the company through QIP

The details, as required to be disclosed under Regulation 30 read with SEBI Circular dated July 13, 2023, are also enclosed as Annexure A.

We request you to kindly take this on record and consider the above in accordance with Regulations 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI circular dated July 13, 2023 as amended.

Kindly take the above on your records.

Thanking you.

Yours faithfully,

For C.E. Info Systems Limited

Saurabh Digitally signed by Saurabh Surendra Surendra Somani Date: 2023.11.27 Somani 13:44:34 +05'30'

Saurabh Surendra Somani Company Secretary & Compliance Officer

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Annexure A

The details as required to be disclosed under Regulation 30 read with SEBI Circular dated July 13, 2023:

S. No.	Particulars	Details
a.	Type of security proposed to be issued (viz., equity shares, convertibles, etc.):	Equity Shares in one or more tranches.
b.	Type of issuance (further public offering, rights issue, depository receipts (ADR / GDR), qualified institutions placement, preferential allotment etc.)	Qualified Institutional Placements (“QIP”) in accordance with the provisions of Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, Section 42 & 62 and other applicable provisions of the Companies Act, 2013, the Companies (Prospectus and Allotment of Securities) Rules, 2014. The Companies (Share capital & Debentures) Rules, 2014 and other applicable laws, or through any other permissible mode and/or combination thereof as may be considered appropriate under applicable law.
c.	Total number of securities proposed to be issued or the total amount for which the securities will be issued (approximately)	Upto an aggregate amount not exceeding Rs. 500 Crores or an equivalent amount thereof (inclusive of such premium as may be fixed on such Securities) at such price or prices as may be permissible under applicable law.
d.	Additional details in case of Preferential Issue.	Not Applicable
e.	Additional details in case of Bonus Issue.	Not Applicable
F	Additional details in case of issuance of Depository Receipts (ADR/GDR) or FCCB.	Not Applicable
g.	Additional details in case of issuance of Debt securities or other non-convertible securities.	Not Applicable
h.	Any cancellation or termination of proposal for issuance of securities including reasons thereof.	Not Applicable

Saurabh Digitally signed by Saurabh Surendra Surendra Somani Date: 2023.11.27 Somani 13:44:59 +05'30'