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Mahalaxmi Rubtech Ltd. Capital/Financing Update 2022

Feb 25, 2022

60266_rns_2022-02-25_01aa71cd-94c4-4a0b-a061-8e7d32224679.pdf

Capital/Financing Update

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M a h a la x m i R u b T e c h L im it e d

OFFSET PRINTING BLANKETS I T ECH N ICA L COATED FABRICS

Ref: MRT/CS/Correspondence/2021-22/06

Date: February 25, 2022

To,

National Stock Exchange of India Limited

Exchange Plaza, Plot No. C/l, G - Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra, India.

Dear Sir/Madam,

Sub: Offering Corporate Guarantee to Mahalaxmi Exports Private Limited - Wholly Owned Subsidiary Company.

Trading Symbol: MHLXMIRU Series: EQ

Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, We inform your good self that the Company in its Board Meeting held on February 25, 2022, have approved to offer Corporate Guarantee to Mahalaxmi Exports Private Limited (CIN: U17299GJ2019PTC110673) - Wholly Owned Subsidiary (WOS) Company.

Promoters cum Directors of the Company are also Directors in WOS. The Company has given the Collateral Security by way of extension of Equitable Mortgage of the property of the Company and has given the Corporate Guarantee to WOS Company against the credit facilities of Rs. 5.50 Crores (Rupees Five Crores and Fifty Lakhs only) sanctioned by Bank of Baroda, New Cloth Market Branch, Ahmedabad for the Business Purpose of WOS Company at arm length basis.

You are kindly requested to take the above on records.

Thanking you,

Yours faithfully,

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ICSI MEMBERSHIP NO.: A 60855

CORPORATE OFFICE: MAHALAXMI HOUSE, YSL AVENUE, OPR KETAV PETROL PUMR POLYTECHNIC ROAD, AMBAWADI, AHMEDABAD - 380 015, INDIA. TELEPHONE: +91-79-40008000 FAX: +91-79-40008030

WORKS:

UMA INDUSTRIAL ESTATE, PHASE III, VILLAGE: VASNA-IYAVA, TALUKA: SANAND, DISTRICT: AHMEDABAD - 382 170, INDIA. TELEPHONE: 02717-284309, 284310 FAX: 02717-284152 E-MAIL: [email protected] WEBSITE: www.mrtglobal.com

REGD. OFFICE:

47, NEW CLOTH MARKET, AHMEDABAD - 380 002, INDIA. TELEPHONE: +91-79-22160776

CIN NO.: L25190GJ1991PLC016327