KDDL Ltd — Capital/Financing Update 2022

May 27, 2022

KDDL Limited

Kamla Centre, SCO 88-89, Sector 8-C, Chandigarh - 160 009, INDIA. Tel: +91 172 2548223/24, 2544378/79 Fax: +91 172 2548302, Website:www.kddl.com; CIN-L33302HP1981PLC008123

==> picture [48 x 48] intentionally omitted <==

Ref: KDDL/CS/2022-23/13 Date: 27[th] May, 2022

National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra, Mumbai - 400 051

BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001

Trading Symbol : KDDL

Scrip Code : 532054

Subject: Allotment of Equity Shares in IPO of Ethos Limited, a material subsidiary

Dear Sir / Madam,

Please be informed that IPO Committee of Ethos Limited, a material subsidiary of the Company, at its meeting held on 26[th] May, 2022, approved the allotment of 45,81,500 Equity Shares of Face Value of ₹ 10 each (comprising 42,71,070 Equity Shares under Fresh Issue and 3,10,430 Equity Shares offered under the Offer for Sale) at an Offer Price of ₹ 878 per Equity Share including a share premium of ₹ 868 per Equity Share pursuant to the Offer and in compliance with Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended to the respective applicants in various categories, in terms of the basis of allotment approved in consultation with the authorized representative of BSE Limited.

Please take the same on record.

Thanking you,

Yours truly

For KDDL Limited

==> picture [82 x 71] intentionally omitted <==

==> picture [152 x 55] intentionally omitted <==

Brahm Prakash Kumar Company Secretary

==> picture [449 x 18] intentionally omitted <==