Libas Consumer Products Limited — Board/Management Information 2021

Jun 26, 2021

National Stock Exchange of India Ltd. Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400051

Scrip Symbol – LIBAS Series: EQ

Sub: Outcome for the Board Meeting under the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015

Dear Sir/Madam,

Pursuant to Regulation of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, we wish to inform you that the meeting of the Board of Directors of Libas Consumer Products Limited was held on Saturday, June 26, 2021 has approved the following business matters. The meeting was started at 11:00 a.m. and concluded at 12:20 p.m.

1. to make investment/give loan or guarantee upto INR 25 crore in other body corporate subject to the approval of the shareholders

2. added new product line in salt by launching variety of salt

3. approval of upside sharing arrangement between Promoter and Investors, subject to the approval of shareholders. All required information to be furnished under Regulation 30 will be mentioned in Explanatory Statement of the Postal Ballot Notice

4. approval of draft Postal Ballot Notice

5. appointment of M/s SARK & Associates as scrutinizer

For & on behalf of Libas Consumer Products Ltd.

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Riyaz Eqbal Ahmed Ganji (Whole-time Director) (DIN: 02236203)

Mumbai June 26, 2021