Libas Consumer Products Limited — Capital/Financing Update 2021

Feb 19, 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 of the Board Meeting as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015: Issue of Bonus Shares

Dear Sir/Madam,

We wish to inform you that the Board of Directors of the Company at its meeting held on Friday, February 19, 2021 has, subject to the approval of the shareholders of the Company through Postal Ballot, recommended issue of Bonus Shares to the shareholders of the company by capitalization of reserves in the ratio of 1 (One) bonus equity shares of INR 10.00 each fully paid-up for every 5 (Five) existing equity shares of INR 10.00 each fully paid-up (i.e. in the ration of 1:5) held by the shareholders as on “Record Date” to be fixed hereafter for this purpose.

Details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 are as per Annexure A to this letter.

The meeting was commenced at 12:30 p.m. and concluded at 01:55 p.m.

For & on behalf of Libas Consumer Products Ltd.

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

Mumbai February 19, 2021

Annexure A

Details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015

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----- Start of picture text ----- Sl. No. Particulars Description1 Whether bonus is out of the free The Bonus shares will be issued out ofreserves created out of profit or share Securities Premium Account of the companypremium account available as on March 31, 20202 Bonus Ratio 1:5 i.e. 1 (One) bonus equity shares of INR10.00 each fully paid-up for every 5 (Five)existing equity shares of INR 10.00 each fullypaid-up held on “Record Date” to be fixed forthe purpose3 Details of share capital Pre and Post Pre-bonus issue paid-up share capital as onBonus Issue date12,250,000 equity shares of INR 10.00 eachaggregating to INR 122,500,000.00Post-bonus issue paid-up share capital as ondate14,700,000 equity shares of INR 10.00 eachaggregating to INR 147,000,000.004 Free Reserves and/or Securities INR 24,500,000.00Premium Account required forimplementing the bonus issue5 Free Reserves and/or share premium As on March 31, 2020required for capitalization and data as Securities Premium Account: INR 157,340,670on which such balance is available Surplus in Profit & Loss: INR 39,555,6766 Whether aforesaid figures are audited Yes. The figures at item no. 5 are audited ason March 31, 20207 Estimated date by which such bonus Within 2 (Two) months from the date ofshares would be credited/dispatched Board approval i.e. April 18, 2021----- End of picture text -----