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Kernex Microsystems (India) Ltd. Capital/Financing Update 2022

Apr 25, 2022

60654_rns_2022-04-25_994daba1-65e8-4742-8460-9e2e2bbf185b.pdf

Capital/Financing Update

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25thApril 2022
To To
The Listing / Compliance Department The Listing / Compliance Department
BSE Limited National Stock Exchange of India Ltd
Phiroze Jeejeebhoy Towers Plot No.C/1, G Block,Exchange Plaza
Dalal Street Bandra – Kurla Complex, Bandra (E)
Mumbai – 400 001 Mumbai – 400 051
BSE Scrip Code: 532686 NSE Symbol: KERNEX

Sub: Intimation of allotment of Equity Shares on Preferential Basis under the provisions of SEBI (ICDR) Regulations, 2018.

In accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations, 2015'), we wish to inform you that the Board of Directors of the Company vide circular resolution passed today i.e., 25[th] April 2022 has considered and approved the allotment of 13,00,000 equity shares of Rs. 10/- each at an issue price of Rs. 113/- per share on preferential basis to the below mentioned persons belonging to "Non-Promoter Group (Public Category)" pursuant to Shareholders’ Resolution dated 29[th] March 2022 and In-Principle approval received from the BSE and NSE on 11[th] April 2022.

S No Name of the Allottee No. of equityshares allotted Category
1 Dr. Janardhana ReddyVinta 1,00,000 Non-Promoter
2 Sri. Penumetsa Naga Raju 2,00,000 Non-Promoter
3 Smt. Penumetsa Parvathi 2,00,000 Non-Promoter
4 Smt. Penumetcha Parvathi 1,00,000 Non-Promoter
5 M/s. Enact Technologies Private Limited 3,00,000 Non-Promoter
6 Sri. Jai Singh 3,00,000 Non-Promoter
7 Smt. Rochesmathi Ramakumari Konda 50,000 Non-Promoter
8 Sri. Venkata Soma Raju Vegesna 50,000 Non-Promoter

Kindly take the above information on record and acknowledge.

Thanking you, Yours faithfully

For Kernex Microsystems (India) Limited

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M B Narayana Raju Whole-Time Director DIN: 07993925

Prasada Rao Kalluri Company Secretary

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