Epigral Limited — Capital/Financing Update 2024

Oct 24, 2024

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Date: October 24, 2024

To, The Manager The General Manager Listing Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block-G Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street Bandra East Mumbai 400 001 Mumbai 400 051 Maharashtra, India Maharashtra, India Symbol: EPIGRAL Scrip Code: 543332

Dear Sir/Madam,

• Re: Qualified institutions placement (“QIP” or “Issue”) of equity shares of face value of ₹10 each (the “Equity Shares”) by Epigral Limited ( formerly known as Meghmani Finechem Limited ) (the “Company”) under the provisions of Chapter VI of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the “SEBI ICDR Regulations”), and Sections 42 and 62 of the Companies Act, 2013 and the rules made thereunder, each as amended (the “Issue”)

• Sub: Disclosure of the details of allotment in the Issue (as defined hereinafter) by Epigral Limited (the “Company”) in accordance with the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements), 2015, as amended (the “SEBI Listing Regulations”)

In furtherance to our earlier intimations dated October 21, 2024 and October 24, 2024, with respect to the Issue which opened on October 21, 2024 and closed on October 24, 2024, we wish to inform you that the Fund Raising Committee of the Company at its meeting held today, i.e. October 24, 2024, approved the issue and allotment of 15,91,180 Equity Shares, to eligible Qualified Institutional Buyers at the issue price of ₹ 2093.13 per Equity Share (including a premium of ₹ 2083.13 per Equity Share, (which includes a discount of ₹ 110.16 i.e., 5 % of the floor price, as determined in terms of SEBI ICDR Regulations, aggregating to ₹ 333.05 Crores (Rupees Three hundred thirty three crores and Five lakhs only), pursuant to the Issue.

The Issue opened on October 21, 2024, and closed on October 24, 2024 and the same was intimated to you through our letters dated October 21, 2024, and October 24, 2024, respectively.

The information as required under Regulation 30 of the SEBI Listing Regulations read with Schedule – III part- A to the SEBI Listing Regulations and SEBI master circular bearing reference number SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023, each as amended is as follows:

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Type of securities issued Equity Shares
Type of Issuance Qualified Institutions Placement
Total no. of securities issued 15,91,180 Equity Shares of face value ₹ 10 each
at a price of ₹ 2093.13/- per Equity Share
(including a premium of ₹ 2083.13/- per Equity
Share)
Total amount for which securities issued ₹ 333.05 Crores
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Pursuant to the allotment of Equity Shares under the Issue, the paid-up equity share capital of the Company stands increased from ₹415501580 consisting of 41550158 Equity Shares of ₹10/- each to ₹43,14,13,380 consisting of 4,31,41,338 Equity Shares. The shareholding pattern of the Company before and after the Issue, will be submitted along with listing application in the format specified in Regulation 31 of the SEBI Listing Regulations.

Further find attached herewith the list of allottees who have been allotted more than 5% of the Equity Shares offered in the Issue, marked as Annexure A .

The Fund Raising Committee meeting commenced at 11:30 p.m. and the meeting was concluded at 11:45 p.m.

A certified copy of the resolution passed by the Fund Raising Committee is enclosed as Annexure B for your information and records.

We request you to take the above on record pursuant to compliance under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Thanking you,

Yours faithfully For Epigral Limited (formerly known as Meghmani Finechem Limited)

GAURANG Digitally signed by GAURANG GHANSHYA GHANSHYAM TRIVEDI M TRIVEDI Date: 2024.10.24 23:46:28 +05'30' Gaurang Trivedi Company Secretary and Compliance Officer Membership No. A22307

Place: Ahmedabad

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ANNEXURE A`

LIST OF ALLOTTEES WHO HAVE BEEN ALLOTTED MORE THAN 5 PER CENT OF THE EQUITY SHARES OFFERED IN THE QUALIFIED INSTITUTIONS PLACEMENT

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Sr. No. Name of the Allottees No. of Equity % of total Equity
Shares Allotted Shares offered in
the Issue
1. HSBC Focused Fund 202459 12.72
2. HSBC Value Fund 202459 12.72
3. Bandhan Small Cap Fund 191101 12.01
4. HSBC Global Investment Funds - Asia Ex Japan 187959 11.81
Equity Smaller Companies
5. HSBC ELSS Tax Saver Fund 121645 7.64
6. Morgan Stanley Asia (Singapore) PTE 120500 7.57
7. HDFC Mutual Fund - HDFC Manufacturing Fund 119438 7.51
8. ITI Small Cap Fund 95551 6.01
9. Bandhan Business Cycle Fund 95551 6.01
10. HSBC India Export Opportunities Fund 81068 5.09
Total 1417731 89.09
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Yours faithfully For Epigral Limited (formerly known as Meghmani Finechem Limited)

GAURANG Digitally signed by GAURANG GHANSHYA GHANSHYAM TRIVEDI M TRIVEDI Date: 2024.10.24 23:52:17 +05'30'

Gaurang Trivedi

Company Secretary and Compliance Officer Membership No. A22307

Place: Ahmedabad

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