Hariom Pipe Industries Limited — Proxy Solicitation & Information Statement 2023

Feb 15, 2023

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Date: February 15, 2023

To

The National Stock Exchange of India Limited,

Listing Department Exchange Plaza, NSE Building, Bandra Kurla Complex, Bandra East, Mumbai – 400 051,

BSE Limited

Corporate relationship Department Phiroze jeejeebhoy Towers Dalal Street, fort Mumbai -400 001

NSE Symbol – HARIOMPIPE

BSE Scrip Code- 543517

Sub: Corrigendum to the Notice of Extraordinary General Meeting (“EGM”)

Dear Sir/Madam,

In continuation of our intimation dated January 25, 2023 regarding Notice of Extraordinary General Meeting (“EGM”), of the Hariom Pipe Industries Limited (“the Company”) scheduled to be held on Monday, February 20, 2023 at 11:00 AM (IST) through video-conferencing (VC) / other audiovisual means (OVAM) and Addendum to the Notice of EGM dated February, 09, 2023, please find attached herewith a Corrigendum to the Notice of the EGM.

The Corrigendum to the Notice of the EGM has also been made available on the website of the company at the link https://www.hariompipes.com/preferential-allotment-2022-2023.php

We request you to take above on your records.

Thanking you, Yours faithfully,

For Hariom Pipe Industries Limited

CHIRAG Digitally signed by CHIRAG PARTANI PARTANI Date: 2023.02.15 18:03:44 +05'30'

Chirag Partani

Company Secretary & Compliance Officer M. No: A51269

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HARIOM PIPE INDUSTRIES LIMITED

CIN: L27100TG2007PLC054564

Registered Address: 3-4-174/12/2, Samarpan, 1[st] Floor, Lane beside Spencer's, Pillar No. 125, Attapur, Hyderabad, Telangana - 500048, India.

Website : www.hariompipes.com, Email: cs@hariompipes.com, Phone: 040-24016101.

CORRIGENDUM TO THE NOTICE OF THE EXTRAORDINARY GENERAL MEETING

An Extraordinary General Meeting (“EGM”) of the Members of Hariom Pipe Industries Limited (“the Company”) is scheduled to be held on Monday, February 20, 2023 at 11:00 a.m. (IST) through Video Conferencing (“VC”)/ Other Audio-Visual Means (“OAVM”).

The Notice of the EGM (“EGM Notice”) was dispatched to the Shareholders of the Company on January 25, 2023 in due compliance with the provisions of the Companies Act, 2013, and rules made thereunder, read with circulars issued by Ministry of Corporate Affairs and Securities Exchange Board of India. Capitalized words and expressions used but not defined herein shall have the same meaning as assigned to them in the EGM Notice. An Addendum to the notice of EGM was also Issued on February, 09, 2023 in respect of the SEBI guidance circular NSE/CML/2022/56 and notice No. 20221213-47 of BSE and certain disclosures on Registered Valuer report, forming part of Explanatory Statement annexed to the EGM Notice.

This Corrigendum is being issued to give notice to amend/ modify the details as mentioned herein:

1. In point No. 14 of Item No 2 & 3 of the Explanatory Statement attached to the EGM Notice, in the table for details of Ultimate beneficial owners under Others / Non Promoters category at Sr.No. 4, the Ultimate Beneficial Owner of Malabar India Fund Limited be inserted and read as Mr. Steven Leischner .

Please note that Malabar India Fund Limited (“MIF”) is a Category - I Foreign Portfolio Investor, incorporated under the laws of Mauritius and the registered office is located at 4th Floor, 19 Bank Street, Cybercity, Ebene, 72201, Republic of Mauritius. The registration number of MIF under the SEBI FPI Regulations is INMUFP000214. Further, there is no natural person, whether acting alone or together, who owns 25% or more of the shares or capital or profits in MIF. The senior managing official of MIF is Mr. Steven Leischner .

1. In modification to the earlier Addendum to the Notice of EGM Issued on 09th February, 2023, at point No. 5 of the table under 1A “Disclosure as per SEBI guidance circular for objects of the Issue ” the words “ In case any amount remains unutilized in the respective financial years, the same will be carried forward to the next financial year .” shall be deleted and read accordingly.

2. In Last para of resolution proposed in Item No. 2 of the Notice of the EGM, the name of the Registrar of Companies was inadvertently mentioned as Registrar of Companies, Mumbai (“ROC”), the same be modified and read as “ Registrar of Companies, Hyderabad (“ROC”)”.

3. The Last para of resolution proposed in Item No. 3 of the Notice of the EGM be substituted as follows, and read accordingly:

“RESOLVED FURTHER THAT for the purpose of giving effect to this resolution, the Board be and is hereby authorized to do all such acts, deeds, matters and things as they may in its absolute discretion deem necessary, desirable and expedient for such purpose, including without limitation, effecting any modifications or changes to the foregoing (including modification to the terms of the issue), entering into contracts, arrangements, agreements, documents without being required to seek any fresh approval of the shareholders of the Company to the end and intent that they shall be deemed to have given their approval thereto expressly by the authority of this resolution and to

settle all questions, difficulties or doubts that may arise in regard to the offer, issue and allotment of the Equity Shares and utilization of proceeds of the Equity Shares, take all other steps which may be incidental, consequential, relevant or ancillary to give effect to the aforesaid resolution including making applications to NSE and BSE for obtaining of in-principle approval, filing of requisite documents with the Registrar of Companies, Hyderabad (“ROC”), National Securities Depository Limited (“NSDL”), Central Depository Services (India) Limited (“CDSL”) and/ or such other authorities as may be necessary for the purpose, and to take all such steps as may be necessary for the issuance of Equity Shares with the depositories, viz. NSDL and CDSL and for the credit of such Shares to the respective dematerialized securities account of the Investors, and to delegate all or any of the powers conferred on it by this resolution to any director(s) or officer(s) of the Company and to revoke and substitute such delegation from time to time, as deemed fit by the Board. “

This Corrigendum to the EGM Notice shall form an integral part of the EGM Notice, which has already been circulated to the Shareholders of the Company and on and from the date hereof, the EGM Notice shall always be read in conjunction with this Corrigendum. This Corrigendum is also being published in the Business Line (English language) and Surya (Telugu language) and will also be made available on website of both the stock exchanges i.e. BSE and NSE and on the website of the Company at https://www.hariompipes.com/preferential-allotment-2022-2023.php.

All other contents of the EGM Notice, save and except as modified or supplemented by this Corrigendum, shall remain unchanged.

For Hariom Pipe Industries Limited

Sd/-

Rupesh Kumar Gupta Managing Director DIN: 00540787

Place: Hyderabad Date: February 15, 2023