GRP Limited — Capital/Financing Update 2020

Jun 19, 2020

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18[th] June, 2020

To National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051.

Symbol : GRPLTD – Series: EQ

Dear Sir / Madam,

Sub.: Clarification

With reference to your email dated 17[th] June, 2020 on captioned subject regarding Announcement under regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Capacity addition, we submit as follows:

Existing Capacity Utilisation	Existing Capacity Utilisation	Around 60 per cent
Period within which the proposedcapacityis to be added		Installation completed
Mode of Financing		Bank Finance and internal cash accrual
	Rationale	As a part of business expansion into newer potentialsectorsidentified, capacity expansion is undertaken.

You are requested to take the above on record and oblige.

Thanking you,

Yours truly, For GRP Limited

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Abhijeet Sawant Company Secretary

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