Dynamatic Technologies Ltd. — Capital/Financing Update 2018

Nov 22, 2018

DYNAMATIC TECHNOLOGIES LIMITED

za= November, 2018

1. The Secretary Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers Dalal Street MUMBAI 400 001 .

Fax No. 022 - 22723121/3719/2037/2039/2041/2061

1. The Secretary National Stock Exchangeof India Limited "Exchange Plaza" Bandra-Kurla Complex Bandra East MUMBAI400 051.

Fax No.022 - 26598237/38

Sub: Divestment of Auto division at Chennai Ref: Scrip code: NSE:DYNAMATECH;BSE:505242

Dear Sir 1 Madam,

Further to our communication dated 14th November 2018 with regard to divestment of Auto division at Chennai, we wish to inform you that the Company executed definitive sale agreement today with Hi-Tech Arai Private Limited, along with substantial advance payment. The BusinessTransfer is expected to be executed during December 2018.

We kindly request you to take this letter on record.

Thank you.

Yours faithfully, for DYNAMATICTECHNOLOGIESLIMITED

a pat iP

Chief Financial Officer

Dynamatic Park Peenya Bangalore 560 058 India Tel +91 8028394933/34/35 Fax +91 8028395823 www.dynamatics.com

Corporate Identity Number: L72200KA 1973PLC002308