Date: gth August, 2021

BSE Limited	National Stock Exchange of India Limited
Department of Corporate services	Exchange Plaza,
Phirojee Jeejeebhoy Towers	Plot no. C/l, G Block,
Dalal Street, Mumbai - 400023	Bandra-Kurla Complex,
Symbol : 500136	Bandra (E), Mumbai - 400051
	Symbol : ESTER

Dear Sir

Subject : 1} Outcome of the Board Meeting

2} Submission of financial results for quarter ended on 30th June, 2021 3) Intimation for Annual General Meeting (AGM} and Book Closures

We wish to intimate you that a meeting of the Board of Directors of the Company was held on Monday, gth August, 2021. The meeting was commenced at 4:30 PM and concluded at 5:27 PM. During the meeting, the Board, amongst other items of Agenda, approved the following matters

1. Approval of the Un-audited Financial Results for the quarter ended on 30th June, 2021.
1. 35th Annual General Meeting (the AGM) of the Company will be held on Monday, 27th September, 2021 at 11:00 AM through Video Conferencing/ Other audio visual means , in accordance with the applicable circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. Notice of the AGM is also approved by the Board of Directors.
1. The Company has fixed Monday, 20th September, 2021 as the "Cut-off Date" for the purpose of determining the members eligible to vote on the resolutions set out in the Notice of the AGM or to attend the AGM.
1. Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Section 91 of the Companies Act, 2013, the Register of Member and Share Transfer Books will remain closed from Tuesday, 21st September, 2021 to Monday, 27th September, 2021 (both days inclusive) for the purpose of Annual General Meeting and ascertaining the list of shareholders eligible for the Dividend.
1. If dividend on Equity Shares, as recommended by the Board, is approved at the Annual General Meeting, the payment of such dividend will be made before 25th October, 2021 as under-

Ester Industries Limited

Corporate Ofiice: Block-A, Plot No. 11, lnfocity-1, Sector-34, Gurgaon -122001 Haryana, India Phone: +91-124-2656100, 4572100 Fax: +91-124-4572199, 2656199 E-Mail: [email protected] Website: www.esterindustries.com

(i) to all beneficial owners in respect of Shares held in dematerialized form as per details furnished by the Depositories for this purpose as at the end of business hours on 20th September, 2021.
(ii) to all Members in respect of Shares held in physical form, after giving effect to valid share transfers lodged with the Company on or before 20th September, 2021.
1. Giving Corporate Guarantee to HDFC Bank Ltd., Bank of India and Bank of Baroda up to the maximum amount of Rs. 171 Crore for extending Rupee Term Loan facility to Ester Filmtech Limited, a wholly owned Subsidiary of the Company. Brief details in compliance with SEBI Circular Ref No. CIR/CFD/CMD/4/2015 dated 9th September, 2015 is given in Annexure -1.

Pursuant to the requirement of Regulation 33 of SEBI (LODR) Regulation, 2015, we wish to submit the approved Un-audited Financial Results for the quarter ended on 30th June, 2021 along with Limited Review Report.

We hereby inform that In compliance with the applicable MCA circulars, the Annual Report for the financial year 2020-21, comprising the Notice of the AGM and Standalone and Consolidated financial statements for the financial year 2020-21, along with Directors' Report, Auditors' Report and other documents required to be attached thereto, will be sent to all such members of the Company whose email addresses are registered with the Company I Depository Participant.

Please take the above on your record.

Thanking You

Yours Faithfully For Ester Industries Limited

P0--

Diwaker Dinesh Head-Legal & Company Secretary Ends: As above

Ester Industries Limited

Annexure-1

S. NO.	Particulars	Details
1	Name of party for which such or guarantees or indemnity surety was given:	Ester Filmtech Limited (wholly owned subsidiary of Ester Industries Limited)
2	Whether the promoter/ promoter group group/ companies have any interest in this transaction? If yes, nature of interest and details thereof and whether the same is done at "arms length";	Mr. Arvind Singhania and Mr. Ayush Vardhan Singhania, Promoter I Promoter Group of Ester Industries Limited are Directors of Ester Filmtech Limited. The terms of the Guarantee are as per the Conditions laid down by HDFC Bank Ltd., Bank of India and Bank of Baroda and are at arms length.
3	Brief details of such guarantee or indemnity or becoming a surety viz. Brief details of agreement entered (if any) including significant terms and conditions, including amount of guarantee;	Ester Industries Limited will provide Corporate Guarantee to HDFC Bank Ltd., Bank of India and Bank of Baroda up to the maximum amount of Rs. 171 Crore for extending Rupee Term Loan facility to Ester Filmtech Limited, a wholly owned Subsidiary of the Company. The guarantee, once executed, will be valid throughout the tenure of the facility.
.4	Impact of such guarantees or indemnity or surety on listed entity	No financial I operational impact is foreseen at the time when the guarantee will be executed.

For Ester Industries Limited

~j_

Diwaker Dinesh Head-Legal & Company Secretary

Ester Industries Limited

Corporate Ofiice: Block-A, Plot No. 11, lnfocity-1, Sector-34, Gurgaon - 122001 Haryana, India Phone: +91-124-2656100, 4572100 Fax: +91-124-4572199, 2656199 E-Mail: [email protected] Website: www.esterindustries.com

W•lk•r Ch•ndlok & C.o llP 21 • Floor, DLF Square Jacaranda Marg, DLF Phase II Gurugram -122 002 lndla

T +91124 4628099 F +91124 4628001

Independent Auditor's Review Report on Standalone Unaudited Quarterty Flnanclal Results of Ester Industries Limited Pursuant to the Regulation 33 of the SEBI (Listing Obllgatlons and Disclosure Requirements) Regulations, 2015 (as amended)

To the Board of Directors of Ester Industries Limited

1. We have reviewed the accompanying statement of standalone unaudited financial results ('the Statement') of Ester Industries Limited ('the Company') for the quarter ended 30 June 2021, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), including relevant circulars issued by the SEBI from time to time.
1. The Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting ('Ind AS 34'), prescribed under Section 133 of the Companies Act, 2013 ('the Act'), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), including relevant circulars issued by the SEBI from time to time. Our responsibility is to express a conclusion on the Statement based on our review.
1. We oonduct.ed our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review ~ interim financial information consists of making inquiries, primarily of persons respon&be for financial and accounting matters, and applying analytical and other review prooedl.ns. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Clwtorlld Moounlll*

Olcoo 11 Bongaklu. a-loglrtl. a.on.;, Gw191m. HydlfUd. 11at11. K.obll. Mmm, New Oelll, Noidl Wlll Pll1t

Walkor Chandlolc l Co UP Is rocf•torod with llmltmd llobllltv with ldontlflcatlon number MC· 2085 ond Its rot111orod olllco at L~1 Connaual\t Circus, N- Delhi, 110001, lndla

Walker Chandiok &.Co LLP

Independent Auditor's Review Report on St1nd1lone Un1udlted Qu1rterty Fln1ncl1I R•ulta of Ester lnduatlt• Limited Pursu1nt to the Regul1tlon 33 of the SEBI (Listing Obllgattona •nd Dlscloaure Requirements) Regul1tlona. 2011 (H amended)

Based on our review conducted as abOve, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared In accordance with the recognition and measurement prinaples laid down in Ind AS 34, prescribed under Section 133 of the Act, and other accounting principles generally accepted In India, has not disclosed the Information required to be disclosed in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), including the manner in which it is to be disclosed, or that it contains any materlal misstatement.

For W•lker CMndlok & Co LLP Chamnd Aooountants Fm, Registration No: 001076N/N500013

Nl:in Toshniwal Partner Membership No. 507568 UDIN: 21507568AAAADM8573

Place: F aridabad Date: 9 August 2021

Walk•r Chandlok & Co l1P 2111 Floor, DLF Square Jacaranda Marg, DLF Phase II Gurugram - 122 002 India T +91 124 4628099 F +91 124 4628001

Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results of Ester Industries Limited Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended)

To the Board of Directors of Ester Industries Limited

1. We have reviewed the accompanying statement of unaudited consolidated financial results ('the Statement') of Ester Industries Limited ('the Holding Company') and its subsidiary (the Holding Company and its subsidiary together referred to as 'the Group'), (refer Annexure 1 for the list of subsidiary included in the Statement) for the quarter ended 30 June 2021 , being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), induding relevant circulars issued by the SEBI from time to time.
1. This Statement, which is the responsibility of the Holding Company's management and approved by the Holding Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting ('Ind AS 34'), prescribed under section 133 of the Companies Act, 2013 ('the Act'), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015 {as amended), including relevant circulars issued by the SEBI from time to time. Our responsibility is to express a conclusion on the Statement based on our review.
1. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 241 O, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the lnstiMe of Chartered Accountants Of India. A review of interim financial information consists of making inquiries, primarily Of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

We also performed procedures in accordance with the SEBI Circular CIR/CFD/CMD1/44/2019 dated 29 March 2019 issued by the SEBI under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), to the extent applicable.

ChlrWtd AccourU*

Olioec" BlrlgoU\I. . °""""' · Gt.rugwn, Hydenbed, Kcclli. Kclt• . Mlrrbei. -Deli. Naida end Pl619 Wilker Chondlok & Co UP is ,...,.,.red wfth limltltd li1bil ty with ldontfficatlon number AAC-2<115 1nd its resfstJtred office It L-41 Connaucf\t Cira.ls. - Delhi, llDOOl. Inch

Walker Chandiok&.Co LLP

Independent Auditor's Review Report on Conaolldated Unaudited Quarterly Flnmnclal Results of Ester lnduatrt.. Limited Pur1uant to the Regulation 33 of the SEBI (Llatlng Obllgatlona and Dlacloaure Requlrementa) Regulation•, 2015 (H amended)

Based on our review conducted and procedures performed as stated In paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in aocordanoe with the recognition end measurement principles laid down In Ind AS 34, presaibed under Section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed In accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), including the manner in which it is to be disclosed, or that it contains any material misstatement.

For Walker Chandlok & Co LLP Chartered Accountants Firm Registration No: 001076N/N500013

Nltin Toshniwal Partner Membership No. 507568 UDIN: 21507568AAAADL5757

Plllce: Faridabad Date: 9 August 2021