Kabra Extrusion Technik Ltd — Capital/Financing Update 2023

Mar 9, 2023

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KET/SEC/SE/2022-23/67 March 09, 2023

BSE Limited

Floor 25, Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai – 400 001 Scrip Code: 524109

National Stock Exchange India Ltd. Exchange Plaza, C-1, Block-G, Bandra Kurla Complex, Bandra (East), Mumbai-400051 Stock Code: KABRAEXTRU

Dear Sirs,

Sub.: Acquisition of Shares of Kolsite Energy Private Limited

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) it is hereby informed that the Company has acquired 100% of the equity of Kolsite Energy Private Limited at a total consideration of Rs.10,000/- on 8[th] March 2023.

Kolsite Energy Private Limited will be used as a Special Purpose Vehicle for setting up a new manufacturing plant in North India for manufacturing Lithium-ion battery packs as earlier intimated to stock exchanges on 8[th] February 2023.

The details required under Regulation 30 of the SEBI Listing Regulations read with SEBI circular no. CIR/CFD/CMD/4/2015 dated September 9, 2015, is enclosed as Annexure I.

Please take the same on your record.

Thanking you,

Yours faithfully,

For Kabra Extrusiontechnik Limited

Digitally signed by ANTONY ANTONY PIUS ALAPAT PIUS ALAPAT Date: 2023.03.09 10:56:50 +05'30'

Antony Alapat Company Secretary

www.kolsite.com A Kolsite Group Company

Kabra Extrusiontechnik Ltd.

Fortune Terraces, B wing, 10th Floor, Link Road, Opp. Citi Mall,

Andheri (West), Mumbai - 400 053. Maharashtra, India.

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Phone : +91-22-26734822/23/24/25  Fax : +91-22-2673 5041  Email : sales@kolsitegroup.com CIN - L28900MH1982PLC028535

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Annexure I

Disclosure under sub-para (1) [i.e. Acquisition(s) (including agreement to acquire)] of Para A of Part A of Schedule III to the Regulation 30 of the SEBI Listing Regulations.

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----- Start of picture text ----- Sr. No. Particularsa. name of the target entity. Kolsite Energy Private Limitedb. whether the acquisition would fall Yes.within related party transaction(s)and whether the promoter/ Shares are acquired from Promoters andpromoter group/ group companies Directors- Mr. Anand Kabra and Mrs. Ektahave any interest in the entity being Kabra.acquired? If yes, nature of interestand details thereof and whether the The Transaction is done at arms length basis.same is done at “arms length”;c. industry to which the entity being Lithium Ion Battery Manufacturing foracquired belongs; Electric VehicleTo be used as a special purpose vehicled. objects and effects of acquisition for setting up a new manufacturing plant inNorth India for manufacturing Lithium-ionbattery packse. brief details of any governmental or Noneregulatory approvals required forthe acquisition;f. indicative time period for Acquisition has been already executedcompletion of the acquisition;g. nature of consideration (cash All Cashconsideration or share swap anddetails of the same)h. cost of acquisition or the price at Rs. 10,000/-which the shares are acquired.----- End of picture text -----

www.kolsite.com A Kolsite Group Company

Kabra Extrusiontechnik Ltd.

Fortune Terraces, B wing, 10th Floor, Link Road, Opp. Citi Mall, Andheri (West), Mumbai - 400 053. Maharashtra, India. Phone : +91-22-26734822/23/24/25  Fax : +91-22-2673 5041  Email : sales@kolsitegroup.com CIN - L28900MH1982PLC028535

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----- Start of picture text ----- i. Percentage of Shareholding /control The Company would acquire 100% of theacquired and/or number of shares issued and paid-up equity share capital of theAcquired Target Company.----- End of picture text -----

i.Percentage of Shareholding /controlacquired and/or number of sharesAcquiredThe Company would acquire 100% of theissued and paid-up equity share capital of theTarget Company.	i.Percentage of Shareholding /controlacquired and/or number of sharesAcquiredThe Company would acquire 100% of theissued and paid-up equity share capital of theTarget Company.	i.Percentage of Shareholding /controlacquired and/or number of sharesAcquiredThe Company would acquire 100% of theissued and paid-up equity share capital of theTarget Company.
j.	Brief background about the entityacquired in terms of products/line of business acquired, date ofincorporation, history of last 3years turnover, country in whichthe acquired entity haspresence, and any othersignificant information (in brief)	Target Company currently does not have anybusiness.Date of Incorporation: 29/04/2021Last 3 years turnover: NilCountry of Incorporation: India

www.kolsite.com A Kolsite Group Company Kabra Extrusiontechnik Ltd. Fortune Terraces, B wing, 10th Floor, Link Road, Opp. Citi Mall, Andheri (West), Mumbai - 400 053. Maharashtra, India. Phone : +91-22-26734822/23/24/25  Fax : +91-22-2673 5041  Email : sales@kolsitegroup.com CIN - L28900MH1982PLC028535