Kilburn Engineering Ltd — Capital/Financing Update 2023

Feb 23, 2023

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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

23[rd] February, 2023

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. 80/- per equity share / Convertible warrant, amounting upto Rs. 32,00,00,000 (Rupees Thirty Two Crores only ), on preferential allotment basis as following, subject to the approval of shareholders

• Issue of upto 5,50,000 equity shares of face value of Rs. 10/- each at premium upto Rs. 70/- per share to investors in ‘ Public Category ’

• Issue of 34,50,000 Convertible warrants of face value of Rs. 10/- each at premium upto Rs. 70/- per share to investors in ‘ Public / Promoter / Promoter Group Category’ to be converted into equity within eighteen months, and not prior to one month.

Details of Proposed allotment :

Sr. no.	Names of Allottees	Category	Equity shares proposed ( no. )	Convertible Warrants proposed (no. )
1.	Khivraj Motors Private Limited	Public	2,50,000	2,50,000
2.	Tusk Investment Limited	Public	2,00,000	8,00,000
3.	Bansidhar Badridas Modi Private Limited	Public	1,00,000	4,00,000
4.	Firstview Trading Private Limited	Promoter	-	15,00,000
5.	Ekta Credit Private Ltd.	Promoter Group	-	2,50,000
6.	Vivaya Enterprises Private Ltd.	Promoter Group	-	2,50,000
Total			5,50,000	34,50,000
1.				… contd ….2

Arvind Digitally signed by Arvind Bajoria Date: 2023.02.23 Bajoria 16:00:13 +05'30'

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

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 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, to

• ‘ Rs. 56,00,00,000/- (Rupees Fifty Six Crore) divided into 5,05,00,000 (Five Crore Five Lacs) equity shares of Rs. 10/- (Rupees Ten) each and 55,00,000 (Fifty Five Lacs) Cumulative Redeemable Preference Shares of Rs. 10/- (Rupees Ten) each ’ and

• (b) Approval of the notice for convening an Extra-Ordinary General Meeting (EGM) of the Company on 20[th] March, 2023 and matters relating thereto.

• (c) Constitution of a ‘Share Allotment Committee’ for allotment of securities issued on preferential basis.

The meeting of the Board of Directors concluded at 3:45 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: 2023.02.23 15:59:41 +05'30' Bajoria

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

2

AN ISO-9001: 2000 CERTIFIED COMPANY CIN : L24232WB1987PLC042956

REGD. OFFICE : FOUR MANGOE LANE, SURENDRA MOHAN GHOSH SARANI, KOLKATA – 700 001, INDIA.