Dynacons Systems & Solutions Ltd. — Capital/Financing Update 2021

Mar 10, 2021

To,
BSE Limited	National Stock Exchange of India Limited
Phiroze Jeejeebhoy Tower,	Exchange Plaza, C— 1, Block G,
Dalal Street,	Bandra Kurla Complex, Bandra (East),
Mumbai — 400 001	Mumbai — 400051
Scrip Code- 532365	Symbol - DSSL

f rd Meeting —Allotment_of 1 watrran nvertible_ in Equity Shares on preferential basis.

DYNACONS EMPOWER SOLUTIONS THAT Date: March 10, 2021 To, BSE Limited National Stock Exchange of India Limited	Bandra Kurla Complex, Bandra (East),
Phiroze Jeejeebhoy Tower, Exchange Plaza, C— 1, Block G,
Dalal Street, Mumbai — 400 001 Mumbai — 400051
Scrip Code- 532365 Symbol - DSSL
f rd Meeting —Allotment_of 1 watrran	nvertible_ in
Equity Shares on preferential basis.
In accordance with Part A of Schedule III read with Regulation 30 of the SEBI (Listing
Obligation Disclosure Requirements) Regulations, 2015, we would like to inform you that in terms of Special Resolutions passed by the members of the Company at its Annual General Meeting held on
September 30, 2020 and in accordance with the "In-Principle Approval" granted by the BSE Limited (vide its letter reference no. DCS/PREF/JR/PRE/1048/2020-21)
National Stock Exchange of India Limited (vide its letter reference no. NSE/LIST/24945)
December 28, 2020, the Board of Directors of the Company at its meeting held on March 10, 2021 at 2.00 P.M. at the Corporate Office of the Company at 3 Floor, A Wing, Sunteck Centre, Subhash	dated February 25, 2021 dated
Road, Near Garware Chowk, Vile Parle (East), Mumbai-400057, have inter alia approved allotment of
19,20,000 Warrants convertible into Equity Shares at an issue price of Rs.28 per share (including premium of Rs. 18 per share) to promoter/promoter group/relatives of promoters
basis upon receipt of 25% of issue price from the allottees in accordance with SEBI (Issue of Capital Disclosure Requirements) Regulations,2018 to following persons named in below table:	on preferential
Sr. No. Name Warrants (Nos) Category 1 Shirish Anjaria 3,20,000 Promoter
2 Parag Dalal 3,20,000 Promoter
3 Dharmesh Anjaria 3,20,000 Promoter 4 Nilam Anjaria 1,60,000
Promoter Group 5 Devangi Dalal 80,000 Promoter Group
6 Jigna Anjaria 80,000 Promoter Group
7 Shirish Anjaria HUF 1,60,000 Promoter Group
8 Parag Dalal HUF 1,60,000 Promoter Group 9 Dharmesh Anjaria HUF 1,60,000 Promoter Group
10 Hasumati Dalal 80,000 Promoter Group
il Pankti Dalal 40,000 Relative of Promoter 12 Dhvani Dalal 40,000 Relative of Promoter

The above warrants entitle the allottees to apply for and be allotted equal number of equity shares for each warrant held by them on payment of balance 75% of the issue price within 18 months from the date of issue of these warrants convertible into equity shares.

The meeting commenced at 2.00 p.m. and concluded at 3.00 p.m.

You are requested to kindly take the above information in your records.

Thanking You,

Yours faithfully,

For Dynacons Systems & Solutions Limited

Dharmesh Anjaria Executive Director DIN- 00445009