Compuage Infocom Ltd — Capital/Financing Update 2022

Dec 20, 2022

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20[th] December, 2022

To, The Corporate Services Dept., National Stock Exchange of India Ltd., BSE Ltd., Exchange Plaza, Phiroze Jeejeebhoy Towers, C-1, Block G, Bandra Kurla Complex, Dalal Street, Bandra (E), Mumbai - 400 001. Mumbai – 400 051. Security Code: 532456 Symbol: COMPINFO ISIN: INE070C01037

Sub: Press Release on Update on Rights Issue

Dear Sir / Ma’am,

Please find enclosed herewith press release relating to the successful conclusion of the Rights Issue Shares of the Company.

Kindly take the same on records and oblige.

Thanking you,

Yours faithfully,

For Compuage Infocom Limited

Digitally signed by HASTI HASTI DEEPAK PALA DEEPAK PALA Date: 2022.12.20 09:57:00 +05'30'

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Hasti Pala Company Secretary

Place: Mumbai

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COMPUAGE INFOCOM LIMITED

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Investor Release: 20[th] December 2022

Compuage Infocom Limited – Update on Rights Issue

Mumbai, December 20, 2022: Compuage Infocom Limited, distributor of Enterprise Solutions, Cloud Computing, IT Consumer and Hardware Services has successfully concluded its Rights Issue and 2,07,92,258 fully paid-up equity shares of the face value of Rs. 2/- each, at an issue price of Rs. 20/- each, including a premium of Rs. 18/- per equity share on rights basis are listed and permitted to trade on the stock exchanges with effect from Monday, December 19, 2022.

During this financial year, Compuage Infocom Limited was able to sign three distribution agreements namely Lexar Co. Limited for memory and storage products in India, R&M India Private Limited to provide versatile structured cabling solution to partners, and with Super Micro Computer, Inc to provide high performance and high-efficiency servers, server management softwares and storage systems for partners.

Commenting on the successful listing of Rights Shares and business outlook, Mr. Atul Mehta, Chairman & Managing Director, said, "We at Compuage are happy on successful listing of Rights Shares on stock exchanges and by the response received in Rights Issue, this will help us to attain our outlined goals faster and enable it to take advantage of future development opportunities.

Being a distributor for the aforementioned companies, it will assist Compuage in adding solutions and selling flexible goods in markets, providing brand partners with an advantage in supplying varied solutions with its Tier I, II, and Tier III markets. It will benefit Compuage to fulfill the evolving market with cutting edge technologies and solutions.

Going ahead, we will also continue to concentrate to add more brand partnerships which will help us broadening our product portfolio and expanding our business into new areas in order to grow our Company and create more value and profitability."

Safe harbor statement:

Statements in this document relating to future status, events, or circumstances are forward -looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and the Company assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors.

For further details please contact:

Compuage Infocom Ltd.CIN: L99999MH1999PLC135914	Strategic Growth Advisors Pvt. Ltd.CIN: U74140MH2010PTC204285
Ms. Anmol Jollyanmol.jolly@compuageindia.com www.compuageindia.com	Mr. Abhishek Shah / Mr. Vatsal Shah+91 99306 51660 / +91 88796 59884abhishek.shah@sgapl.net / vatsal.shah@sgapl.netwww.sgapl.net

www.compuageindia.com

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