Century Enka Ltd. — Capital/Financing Update 2021

May 18, 2021

CENTURY ENKA LIMITED (Factory: Bhosari, Pune 411 026)

Phone : +91-20-66127300 Telefax : +91-20-27120113 Emal : celpune.reception@birlacentury.com Company CIN: L24304PN1965PLC139075

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Communicate at Post Box No. 17, Plot No. 72 & 72 -A, MIDC, Bhosari, Pune - 411 026 .•

18 [th ] May 2021

Listing Department Listing Department m,e National Stock Exchange of India Ltd. BSE Limited, 25th Floor, Exchange Plaza, 5 [th ] Floor, Plot No. C/1, Phiroze Jeejeebhoy Towers, G-Block Bandra Kurla Complex, Dalal Street, Fort Bandra (East), Mumbai - 400051 Mumbai- 400001 hru. NEAPS Thru : BSE Listing Stock Code : CENTENKA Stock Code : 500280

Dear Sirs,

sub: cpital Expen ~~diture proposal~~ a ~~pprove bv the Boa~~ r ~~d of D~~ irectors

Pursuant to Regulations 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, this is to inform you that the Board of Directors at its meeting held today i.e. 18th May, 2021 has approved the investment of Rs.240 crores to strengthen its competitive position in tyre reinforcement market by modernization of plant, and augmenting capacity by ~30% and Rs.23 crores for increasing the capacity of draw texturized yarn and mother yarn.

The details required under the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is as under:

a) Existing Capacity Not applicable, as there is no defined capacity for such type of plants, which will vary from different products produced from time to time. b) Existing capacity 90-100% utilization C) Proposed capacity there is no defined capacity as it varies from products produced, from addition time to time. d) Period within which ~2 years the proposed capacity is to be added e) Investment required 263 crores f) Mode of financing Mix of Debt and internal accrual Rationale To have necessary assets for upcoming business opportunities Thanking you, g)

Yours faithfully, For Century Enka Limited

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(Rahul Dubey) Company Secretary Membership No: FCS 8145

Regd. Office Plot No. 72 & 72 · A, M.I.D.C., Bhosari, Pune-411 026; Website www.centuryenka.com

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