Kilburn Engineering Ltd — Capital/Financing Update 2022

Jan 19, 2022

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Plot No.6, MIDC - Saravali, Kalyan Bhiwandi Road, Distt. Thane 421 311 Maharashtra, India  : +91 2522 283000  : +91 2522 281026  : www.kilburnengg.com

19[th] January, 2022

To, To, The Corporate Relationship Department, The Secretary, BSE Limited, The Calcutta Stock Exchange Ltd., 24[th] Floor, P.J. Tower 7 , Lyons Range, Dalal Street, Fort, Kolkata – 700 001. Mumbai-400 001. Scrip Code: BSE 522101 Scrip Code : CSE 21022

Sub.: Outcome of Board Meeting in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”)

Dear Sir/Madam,

The Board of Directors of the Company at their meeting held today, has, inter alia, considered and approved the raising of funds by issue and allotment of securities at a price upto Rs. 34/- per equity share / Convertible warrant, amounting upto Rs. 30,00,00,000 (Rupees Thirty Crore only ), on preferential allotment basis as following, subject to the approval of shareholders.

• Issue of equity shares of face value of Rs. 10/- each at premium upto Rs. 24/- per share to investors in ‘ Public Category ’

• Issue of Convertible warrants of face value of Rs. 10/- each at premium upto Rs. 24/- per share to investors in ‘ Promoter / Promoter Group Category’ to be converted into equity within eighteen months.

Below enabling actions approved subject to the approval of the shareholders:

• (a) Alteration of capital clause in the memorandum of association from Rs. 56,00,00,000/- (Rupees Fifty Six Crore) divided into 3,05,00,000 (Three Crore Five Lacs) equity shares of Rs. 10/- (Rupees Ten) each and 2,55,00,000 (Two Crore Fifty Five Lacs) Cumulative Redeemable Preference Shares of Rs. 10/- (Rupees Ten) each, to

• ‘ Rs. 56,00,00,000/- (Rupees Fifty Six Crore) divided into 4,05,00,000 (Four Crore Five Lacs) equity shares of Rs. 10/- (Rupees Ten) each and 1,55,00,000 (One Crore Fifty Five Lacs) Cumulative Redeemable Preference Shares of Rs. 10/- (Rupees Ten) each ’ and

• (b) Approval of the draft notice for convening an Extra-Ordinary General Meeting (EGM) of the Company on 15[th] February, 2022 and matters relating thereto.

• (c) Constitution of a Committee of Directors for deciding the number of securities to be allotted to each investor, finalizing the notice of EGM, finalizing list of proposed allottees and allotment of securities issued on preferential basis.

AN ISO-9001: 2000 CERTIFIED COMPANY CIN : L24232WB1987PLC042956 REGD. OFFICE : FOUR MANGOE LANE, SURENDRA MOHAN GHOSH SARANI, KOLKATA – 700 001, INDIA.

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Plot No.6, MIDC - Saravali, Kalyan Bhiwandi Road, Distt. Thane 421 311 Maharashtra, India  : +91 2522 283000  : +91 2522 281026  : www.kilburnengg.com

The meeting of the Board of Directors concluded at 4:45 p.m.

You are requested to take note of the above. Thanking you,

Yours faithfully, For Kilburn Engineering Limited

ARVIND Digitally signed by ARVIND BAJORIA Date: 2022.01.19 BAJORIA 16:59:59 +05'30'

Arvind Bajoria Company Secretary & DGM (Costing) ACS no. : 15390

AN ISO-9001: 2000 CERTIFIED COMPANY CIN : L24232WB1987PLC042956 REGD. OFFICE : FOUR MANGOE LANE, SURENDRA MOHAN GHOSH SARANI, KOLKATA – 700 001, INDIA.