Jindal Poly Films Ltd. — Capital/Financing Update 2020

Nov 12, 2020

Plot No. 12, Sector 8-1, ■ Local Shopping Complex:, Vasant Kunj, New Delhi - 110070 (INDIA) Phone: 011-40322100 Fax : (91-11) 40322129 Web. : www.jindalgroup.com

POLY FIL �JIN fl

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JPFL/DE-PT /SE/2020-21

Date: November 12, 2020

The Manager, Listing National Stock Exchange of India Ltd. Exchange Plaza, Bandra-Kurla Complex Sandra (E) MUMBAI -400 051 (Scrip Code: NSE: JINDALPOLY)

The Manager Listing BSE Limited. Phiroze Jeejeebhoy Towers, Dalal Street, Fort, MUMBAI -400 001

(Scrip Code: BSE: 500227)

Dear Sir/Madam,

Sub: Outcome of Board Meeting held on 12[th ] November, 2020.

We wish to inform you that the Board of Directors of the Company has considered and approved, inter-alia the following future expansion plan for the company in its meeting held on today:

Particulars	Nonwovens fbrics product 36000 M.T.P.A 95 % 24000 M.T.P.A Approx. -26 months.
Existing Capacity Existing Capacity Utilization
Proposed Capacity addition
Period within which the proposed capacity is to be added
Mode of Financing	Mix of internal accruals and borrowings Approx. Rs. 550 Crore Demand of nonwoven fabrics is growing in hygiene and Medical. End products of hygiene segment primarily consist of diapers, sanitary napkins, adult incontinence and end products of medical segment consist of masks, gowns and coverall used in PPE Kits and hospitals. In view of expected fture growth to meet the requirement of nonwovensfbrics,theCompanydecidedtomcreasethe production capacity.
Amount
Rationale

Kindly bring it to the notice of all concerned, please. Thanking you.

Yours Sincerely,

For JINDAL POLY FILMS LIMITED �...--,/V---V-- SANJEEV KUMAR (COMPANY SECRETARY) ACS-18087

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Regd. Office : 19th K.M. Hapur Bulandshahr Road, P.O. Gulaothi, Distt. Bulandshahr (U.P.) CIN: L17111UP1974PLC003979