Epigral Limited — Capital/Financing Update 2024

Aug 14, 2024

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August 14, 2024

To, National Stock Exchange of India Limited “Exchange Plaza”, Bandra-Kurla Complex, Bandra (East) Mumbai 400 051

SYMBOL:- EPIGRAL

BSE Limited Floor- 25, P J Tower, Dalal Street, Mumbai 400 001

Scrip Code: 543332

Dear Madam / Sir,

Subject: Outcome of the Board Meeting of Epigral Limited (“Company”) held today i.e. August 14, 2024

This is with reference to our letter dated August 09, 2024. In terms of Regulation 30 and other applicable provision of SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015, read with related circulars and notifications, following matters were approved by the Board of Directors in its meeting held today, i.e., August 14, 2024:

• a) Raising of funds through issuance of instruments or security including equity shares or any other eligible securities by way of one or more public and/or private offerings including on a preferential allotment basis and/or a qualified institutions placement for an amount not exceeding Rs. 500 Crores (Rupees Five Hundred Crores Only) in terms of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the “SEBI ICDR Regulations”) and/or any other permissible mode(s), in accordance with the SEBI ICDR Regulations and other applicable regulations, subject to necessary approvals including the approval of the members of the Company and such other regulatory/ statutory approvals as may be required;

• b) Constitution of a committee of the Board of Directors of the Company for dealing with all matters pertaining to the proposed fund raising; and

• c) Issuance of notice convening meeting of the shareholders of the Company for seeking approval of the shareholder with respect to the proposed fund raising.

The details, as required to be disclosed under Regulation 30 read with SEBI circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, are also enclosed as Annexure A .

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The meeting of the Board of Directors commenced at 11.10 a.m. and concluded at 11.40 a.m.

The above information will also be available on the website of the Company at www.epigral.com

We request you to take the above information on record.

Thanking you

Yours faithfully, For Epigral Limited

GAURANG GHANSHYAM TRIVEDI Digitally signed by GAURANG GHANSHYAM TRIVEDI DN: c=IN, o=Personal, title=8963, 2.5.4.20=cab9f961e728b2e65ca9ff24cce86b953d6aaa663b351b8517a2169c49afac69, postalCode=382421, st=Gujarat, serialNumber=2a9ee2fe1bfa08fbea158525e534dcac75eec375935d440e5e4b0eacb6b8d13c, cn=GAURANG GHANSHYAM TRIVEDI Date: 2024.08.14 11:49:01 +05'30'

Mr. Gaurang Trivedi Company Secretary and Compliance Officer M. No. – A22307

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Annexure A

The details as required to be disclosed under Regulation 30 read with SEBI circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated September 13, 2023:

Sr. No.	Particulars	Details
1.	Type of securities proposed to be issued (viz., equity shares, convertibles, etc.	Equity Shares and / or other eligible securities convertible into equity or any security convertible into equity shares (hereinafter referred to as “Securities”) or any combination thereof, in accordance with applicable law, in one or more tranches.
2.	Type of issuance (further public offering, rights issue, depository receipts (ADR / GDR), qualified institutions placement, preferential allotment etc.)	Qualified institutions placements (“Rs. 500 Crores (Rupees Five Hundred Crores Only)”) in accordance with the provisions of Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, Section 42 and other applicable provisions of the Companies Act, 2013, the Companies (Prospectus and Allotment of Securities) Rules, 2014 and other applicable laws, or through any other permissible mode and/or combination thereof as may be considered appropriate under applicable law.
3.	Total number of securities proposed to be issued or the total amount for which the securities will be issued (approximately)	Up to an aggregate amount not exceeding Rs. 500 Crores (Rupees Five Hundred Crores Only) or an equivalent amount thereof (inclusive of such premium as may be fixed on such Securities) at such price or prices as may be permissible under applicable law.
4.	In case of preferential issue the listed entity shall disclose the following additional details to the stock exchange(s)	Not Applicable
5.	In case of bonus issue the listed entity shall disclose the following additional details to the stock exchange(s)	Not Applicable

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6.	In case of issuance of depository receipts (ADR/GDR) or FCCB the listed entity shall disclose following additional details to the stock exchange(s)	Not Applicable
7.	In case of issuance of debt securities or other non- convertible securities the listed entity shall disclose following additional details to the stock exchange(s)	To be determined by the Board or a duly constituted committee thereof
8.	Any cancellation or termination of proposal for issuance of securities including reasons thereof	Not Applicable

Thanking you,

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

GAURANG GHANSHYAM TRIVEDI Digitally signed by GAURANG GHANSHYAM TRIVEDI DN: c=IN, o=Personal, title=8963, 2.5.4.20=cab9f961e728b2e65ca9ff24cce86b953d6aaa663b351b8517a2169c49afac69, postalCode=382421, st=Gujarat, serialNumber=2a9ee2fe1bfa08fbea158525e534dcac75eec375935d440e5e4b0eacb6b8d13c, cn=GAURANG GHANSHYAM TRIVEDI Date: 2024.08.14 11:49:27 +05'30'

Gaurang Trivedi Company Secretary & Compliance Officer M. No. – A22307

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