Dynamatic Technologies Ltd. — Legal Proceedings Report 2020

Nov 30, 2020

DYNAMATIC TECHNOLOGIES LIMITED

30th November 2020

• 1. The Secretary Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers Dalal Street, MUMBAI 400001. Fax No. 022 - 22723121 /3719/2037/2039/2041 /2061
• 1. The Secretary National Stock Exchange of India Limited "Exchange Plaza", Bandra-Kurla Complex Bandra East, MUMBAI 400 051. Fax No.022 - 26598237 / 38 / 26598346

Sub: Impounding Order issued by SEBI for Insider Trading

Dear Sir/Madam,

In continuation with the letters dated 17thJune 2020 and 29th June 2020, we would like to provide you further update on the aforesaid subject matter as detailed in the enclosed letter.

We request you to take this on record.

Sincerely, For Dynamatic Te~gieS Limited

.JJ;/LP-

Shivara~ Head- Legal, Compliance Officer and Company Secretary

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

UDAYANT MALHOUTRA

30-11-2020

To, Mr. Shivaram V Head - Legal, Compliance & Company Secretary Dynamatic Technologies Limited Bangalore - 560058

Sub: Impounding Order No: WTM/GM/IVD/II/2020-21 dated 15th June 2020, issued in my name by Securities and Exchange Board of India (SEBI)

Dear Shivaram,

FLII1her to my letters dated 17th June 2020 & 29 th June 2020 on the captioned subject, I am pleased to update you that the Hon'ble Supreme Court of India has affirmed the order passed by Securities Appellate Tribunal (SAT) quashing SEBI's impounding order dated 15 th June 2020 which was issued to me relating to a small divestment I had made during October 2016.

Given the lockdown earlier this year, it is possible SEBI faced difficulty in collecting and collating information required for the investigation. Now that the matter is under adjudication by SEBI, I have had a fair opportunity to be heard, and have provided all necessary details and information to them.

This is for your information and record.

Your sincerely,

Udayant Malhoutra