Jai Corp Limited — Board/Management Information 2021

Aug 13, 2021

Jai Corp Limited

Corporate Office:12-B, Mittal Tower, B-Wing- lSt Floor, Free Press Journal Marg, Nariman Point, Mumbai- 400 02 1. Tel: 91-22-61 15 5300; E-mail:cs@jaicorpindia.com/ E-mail for investors:cs2@jaicorpindia.com CW: L17120MH1985PLC036500 website: www.jaicorpindia.com

August 13,2021

The Listing Centre, BSE Limited, Mumbai.

The Manager, Listing Department, National Stock Exchange of India Limited, Mumbai.

Sub: Outcome of Board Meetinq,

Dear Sir 1 Madam,

At the meeting held today the Board inter alia:

• Approved the un-audited standalone and consolidated financial results of the Company for the quarter ended 30th June, 2021.
• II. Took note of the Limited Review Reports for the quarter ended 3oth ~une, 2021.
• ... 111. Approved obtaining approval of the equity shareholders at the ensuing 361h ~nnual General Meeting for roll-over for a further period of 2 years of the 1% Noncumulative, Non- participating Redeemable Preference Shares that will be outstanding on 25-1 1-2021.
• iv. Approved closure and liquidation of a non-material wholly-owned subsidiary, Rudradev Developers Limited as that company is not carrying on any activity.
• v. Approved appointment of Tadhani and Co. as the Cost Auditor for the financial year 2021 -22.
• vi. Recommended the re-appointment of Mr. Virendra Jain, a non-executive promoter director, who retires by rotation at the ensuing 36Ih ~nnual General Meeting. 1
• vii. Recommended the appointment of Mr. Dinesh D. Paliwal, who was appointed as an additional director with the designation of Director- Works on lSt April, 2021, at the ensuing 36'h ~nnual General Meeting.
• viii. Re-constituted the Risk Management and Share Transfer Committees.
• ix. Approved the Directors' Report and the Notice convening the 361h Annual General Meeting of the members of the Company to be held on Monday 2znd November, 2021 through Video Conferencing /Other Audio Visual Means.

The meeting of the Board of Directors commenced at 17:OO hrs. IST and ended on 18:30 hrs. IST. Kindly acknowledge receipt. Thanking you,

Yours faithfully For Jai Corp Limited

Company Secretary

Regd. Office: A-3, M.I.D.C. Indl. Area, Nanded-431 603, Maharashtra.