Himatsingka Seide Ltd. — Capital/Financing Update 2024

Oct 29, 2024

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REF: HSL/SEC/2024/71

Date: October 29, 2024

The National Stock Exchange of India Limited BSE Limited Listing Department Department of Corporate Services Exchange Plaza, Bandra Kurla Complex Floor 25, Phiroze Jeejeebhoy Towers Bandra (East) Dalal Street Mumbai 400 051 Mumbai 400 001 Symbol : HIMATSEIDE Security code no. : 514043

Dear Sir/ Madam,

Sub: Qualified institutions placement of equity shares of face value ₹5 each (the “Equity Shares”) by Himatsingka Seide Limited (the “Company”) under the provisions of Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the “SEBI ICDR Regulations”), and Sections 23(1)(b), 42 and 62(1)(c) of the Companies Act, 2013, as amended, including the rules made thereunder (the “Issue”).

Ref: Disclosure pursuant to PART-A of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

Further to our letter dated October 24, 2024 intimating you about the meeting of the Securities Committee of the Board of Directors (“ Committee ”) of the Company in respect of the proposed qualified institutions placement of equity shares of ₹5 each (“ Equity Shares ” and such qualified institutions placement, the “ Issue ”), we wish to inform you that the Committee at its meeting held today, i.e. October 29, 2024 has, inter alia , passed the following resolutions:

• a. declared closure of the issue period for the Issue today, i.e., October 29, 2024;

• b. determined and approved the Issue price for allocation of 2,72,85,129 Equity Shares to be allotted to eligible qualified institutional buyers at a price of ₹146.60 per Equity Share (including a premium of ₹141.60 per Equity Share), which takes into account a discount of 5% (i.e. ₹7.71 per Equity Share) to the floor price of ₹154.31 per Equity Share determined as per the formula prescribed under Regulation 176(1) of Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the “ SEBI ICDR Regulations ”);

• c. approved and adopted the placement document dated October 29, 2024 in connection with the Issue; and

• d. approved and finalised the confirmation of allocation note (“ CAN ”) for sending to such eligible qualified institutional buyers, intimating them of allocation of Equity Shares pursuant to the Issue.

In this relation we will file the placement document dated October 29, 2024 with the BSE Limited and National Stock Exchange of India Limited.

Himatsingka Seide Limited Registered Office: No.4/1-2, Crescent Road, Bangalore – 560001, Karnataka, India T +91 8o 2237 8000, F +91 Bo 4147 9384 E hslblr@himatsingka.com CIN L17112KA1985PLC006647

www.himatsingka.com

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The meeting of the Committee commenced at 07.30 p.m. and concluded at 11.20 p.m..

We request you to take the above on record and treat the same as compliance under the applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Thanking you,

Yours faithfully,

For Himatsingka Seide Limited

Shrikant Digitally signed by Shrikant Himatsingka Himatsingka Date: 2024.10.29 23:24:25 +05'30' Shrikant Himatsingka Executive Vice Chairman & Manging Director DIN:00122103

Himatsingka Seide Limited Registered Office: No.4/1-2, Crescent Road, Bangalore – 560001, Karnataka, India T +91 8o 2237 8000, F +91 Bo 4147 9384 E hslblr@himatsingka.com CIN L17112KA1985PLC006647

www.himatsingka.com