Indsoya Limited — Share Issue/Capital Change 2021

Apr 22, 2021

INDSOYA LIMITED

Regd. Off: 1111-A Raheja Chambers, 213, Nariman Point, Mumbai – 400021 Tel No.: (022) 22852796-97-99, E-mail: info@indsoya.com Website: www.indsoya.com CIN: L67120MH1980PLC023332

22[nd] April 2021

To,

The Bombay Stock Exchange Limited Department of Corporate Services, P.J. Towers, Dalal Street, Mumbai‐ 400001	The Listing Department Delhi Stock Exchange Limited DSE House, 3/1 Asaf Ali Road, New Delhi‐110002

Dear Sirs,

Sub: Outcome of Board Meeting held on Thursday, 22[nd] April 2020

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company Indsoya Limited at their meeting held today i.e 22[nd] April 2021 have inter alia, considered and approved the following businesses:

1. The sub‐division of existing 1 (one) Equity Share of face value Rs. 10/‐ each fully paid up into 2 (two) Equity Shares of Rs. 5/‐ each fully paid up, subject to approval of shareholders.

Detailed disclosure in terms of Regulation 30 of Listing Regulations, 2015 read with SEBI circular dated 9[th] September 2015 is enclosed as Annexure 1

Further, the record date for the purpose of sub‐division of equity shares shall be decided after obtaining approval of sub‐division from the members through postal ballot and will be intimated in due course.

1. Alteration of Authorised Share Capital of the Company from Rs. 50,00,000/‐ divided into 5,00,000 (Five Lakh) Equity shares of Rs. 10 each to Rs. 50,00,000/‐ divided into 10,00,000 (Ten Lakh) Equity Shares of Rs. 5 each and consequent alteration in Capital Clause of Memorandum of Association of the Company, subject to shareholdersʹ approval

2. Considered and approved the draft notice of Postal Ballot to seek shareholders’ approval.

3. The Board of Directors has appointed Mr. Martinho Ferrao, Practicing Company Secretary (Membership no. FCS 6221) of M/s. Martinho Ferrao and Associates as the Scrutinizer to scrutinize the Postal Ballot process and e‐voting during the shareholders meeting.

The meeting of the Board of Directors commenced at 06:00 PM and concluded at 07:00 PM

You are requested to kindly take the same on records and oblige

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Annexure 1

Details on sub‐divison in terms of SEBI CIR/CFD/CMD/4/2015 dated September 09, 2015

Sr No	Particulars	Description
1	Split Ratio	1: 2 i.e. existing 1 (one) equity share of face value of Rs.10/‐ each into 2 (two) equity shares of face value of Rs. 5/‐ each
2	Rationale behind the split	To encourage wider participation of small investors and to enhance the liquidity of the EquityShares at the Stock Market
3	Expected time of completion	2‐3 months (including time required for approval of shareholders)
4	Class of shares which are subdivided	Equity Shares having face value of Rs. 10 each
5	Number of shareholders who did not get any shares in consolidation and their pre‐ consolidation shareholding	Not Applicable

1. Pre and Post share capital

Particulars	Pre Split Share Capital	Pre Split Share Capital	Pre Split Share Capital	Post Split Share Capital	Post Split Share Capital	Post Split Share Capital
	No. of Shares	Face Value	Total (in Rs.)	No. of Shares	Face Value	Total (in Rs.)
Authorised Share Capital	5,00,000	10	50,00,000	10,00,000	05	50,00,000
Issued, Subscribed, Paid Up Share Capital	2,00,000	10	20,00,000	4,00,000	05	20,00,000