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Jain Irrigation Systems Ltd. Capital/Financing Update 2023

May 2, 2023

58977_rns_2023-05-02_8a8d23de-8d8c-4c2d-b770-6dd919ac7b33.pdf

Capital/Financing Update

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==> picture [151 x 59] intentionally omitted <==

Regd. Office: Jain Plastic Park, P.O.Box: 72, N.H.No. 6, Jalgaon – 425 001. India. Tel: +91-257-2258011; Fax: +91-257-2258111; E-mail: [email protected]; Visit us at: www.jains.com CIN: L29120MH1986PLC042028

JISL/SEC/2023/05/B-2/B-6

2[nd] May, 2023

To, Bombay Stock Exchange Ltd., Corporate Relationship Department, 1st Floor, New Trading Wing, Rotunda Building, P. J. Tower, Dalal Street, Mumbai - 400 001. Fax No.022– 22723121/22722037(Day) 022-22721072 (Night) Email: [email protected]

To, National Stock Exchange of India Ltd., Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051. Fax No. : 022-26598237/38 Email : [email protected]

Ref: Code No. 500219 (BSE) & JISLJALEQS (NSE) for Ordinary Equity Shares Code No. 570004 (BSE) & JISLDVREQS (NSE) for DVR Equity Shares

Sub: Allotment of 1,00,00,000 Ordinary Equity Shares to Subhkam Ventures (I) Private Limited at Rs.28.87 per share aggregating to INR 28,87,00,000 by Sub Committee RP of the Board of Directors

Dear Sir/Madam,

This is to inform you that the Sub Committee RP (authorized by the Board of Directors) has met and completed allotment of securities against 75% balance amount alongwith conversion option exercise letter received from Subhkam Ventures (I) Private Limited as under:

Sr.
No.
Name of
Allottee
Allotment Price (in
Rs./share)
No. of
Ordinary
Equity
Shares
allotted
Allotment Size (in
Rs.) 75% balance
Amt Rs.21.653 Cr.
received on
02.05.23 (25%
Amt.Rs.7.217 Cr.
received on
20.01.22)
Distinctive Number Distinctive Number
From To
1 Subhkam
Ventures
(I) Private
Limited
28.87 (25% deposit
received
on
20.01.2022
and
75% received now
on 2ndMay,2023)
1,00,00,000 21,65,30,000 604644685 614644684

The share certificate shall be issued in demat form to CLID/DPID.

Please take the above on record and acknowledge.

Thanking You,

Yours faithfully, For Jain Irrigation Systems Ltd.

AVDHUT Digitally signed by AVDHUT VASANT GHODGAONKAR DN: c=IN, o=Personal, 2.5.4.20=b8f331f512bd03de8efff4b3f64 VASANT GHODGAO d135cb46f74c58815e29edee5911bcc3ffd61, postalCode=425001, st=Maharashtra, serialNumber=824384b5181cddb68de057dd1684b25fa216f2a759e9d36733bf5 121ce2a601c, cn=AVDHUT VASANT GHODGAONKAR NKAR Date: 2023.05.02 18:20:17 +05'30'

A V Ghodgaonkar Company Secretary