MAN INFRACONSTRUCTION LIMITED — Share Issue/Capital Change 2021

Oct 4, 2021

12th Floor, Krusha l Commercia l Comp !eJ<, Above Shoppers Stop, G. M . Road, Chembur (West), Mumba i - 400089 . India (i: 9122 42463999 I Ii: 9122 25251589 I 0 : office@man infra.comIl!il:www.maninfra.com I ID: www.facebook.com/maninfra

Date: 4th October, 2021

The Listing Department National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051, India CM Quote: MANINFRA

Corporate Relationship Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Scrip Code: 533169

Sub: Proceedings of the Board Meeting held on 4th October, 2021

Dear Sir/Madam,

Further to our letter dated 28th September, 2021 intimating you of today's Board Meeting, this is to inform you that the Board of Directors has approved/recommended the following:

1. Declaration of Interim Dividend for FY 2021-22:

Declaration of Interim Dividend of Rs. 1.26 per equity share (i.e. 630/o) on 24,75,00,270 Equity Shares having Face Value of Rs. 2/- each, for the Financial Year 2021-22. The Record Date for the purpose of determining the entitlement of shareholders for the said Interim Dividend has been fixed as Thursday, 14th October, 2021 and the said dividend shall be paid/ dispatched on Friday, 29th October, 2021.

2. Increase in Authorised Share Capital:

Increase in Authorised Share Capital of the Company from Rs.63,00,00,000/- (Rupees Sixty Three Crores only) divided into 31,50,00,000 (Thirty One Crores Fifty Lakhs) Equity Shares of Rs.2/- each to Rs.81,00,00,000/- (Rupees Eighty One Crores only) divided into 40,50,00,000 (Forty Crore Fifty Lakhs) Equity Shares of Rs.2/- each and consequent amendment to Clause V of the Memorandum of Association of the Company; subject to approval of shareholders and any other applicable statutory and regulatory approvals.

3. Issue of Bonus Shares:

Issue of Bonus Equity Shares in the ratio of 1 (One) new Equity Bonus Share of Rs. 2/- each for every 2 (Two) existing Equity Shares of Rs. 2/- each held by the shareholders of the Company as on the Record Date, subject to the approval of shareholders of the Company through Postal Ballot and other applicable statutory and regulatory approvals; as may be required. The Company will inform the "Record Date" for determining the entitlements of the Shareholders to receive the Bonus shares in due course.

The Bonus Shares once allotted shall rank pari-passu in all respects and carry the same rights of the existing Equity Shares and shall be entitled to participate in full in any dividend and other corporate actions, recommended and declared after the issue and allotment of such bonus shares.

Ci!. MAN INFRACONSTRUCTION LIMITED

12th Floor, l<rnsha l Commerc ial Complex, Above Shoppers Stop, G. M . Road, Chembur (West), Mumbai - 400089. India 0 : 912242463999 [ (j: 91 22 25251589 [ U: office@man infra.com [ ~: www.man infra.com [ ll www.facebook.com/man infra

The detailed disclosure as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 is enclosed as Annexure - I.

4. Notice of Postal Ballot for following matters:

• (a) Increase in Authorised Share Capital; and
• (b) Issue of Bonus Shares.

The Meeting commenced at 10.30 A.M and concluded at 11.40 AM.

This is for your information and records.

Yours faithfully, For Man Infraconstruction Limited

Encl: As above

12th Floor, l<rusha l Commercial Comp lex, Above Shoppers Stop, G. M. Road, Chembur (West), Mu mb a i - 400089. India 0 : 9122 42463999 I Ii: 9122 25251589 I U : office@maninfra com I~ :www maninfra com 1 l l www.fa cebook.com/maninfra

AnnexureI

Disclosure under Regulation 30 of SEBI {Listing Obligations and Disclosure Requirements) Regulations, 2015

Sr.	Particulars	Disclosure
No 1.	Type of securities proposed to be issued (viz. equity shares, convertibles etc.);	Equity Shares of face value of Rs. 2/- each
2.	Type of issuance (further public offering, rights issue, depository receipts (ADR/GDR), qualified institutions placement, preferential allotment etc.)	Bonus Issue
3.	of Total number securities proposed to be issued or the total amount for which the securities will be issued (approximately)	12,37,50,135 Equity Shares of Rs. 2/- each
4.	Whether bonus out of free is reserves created out of profits or share premium account	Bonus Equity Shares will issued out of be Securities Premium Reserves of the Company available as at March 31, 2021
5.	Bonus ratio	1 (One) new Equity Bonus Share of Rs.2/- each for every 2 (Two) existing Equity Shares of Rs. 2/- each held as on a Record Date
6.	Details of share capital - pre and post Bonus Issue	Pre-Bonus Raid-UR share caRital 49,50,00,540/- divided into 24,75,00,270 Rs. Equity Shares of Rs. 2/- each Post-Bonus Raid-UR share caRital into 37,12,50,405 74,25,00,810/- divided Rs. Eauitv Shares of Rs. 2/- each
7.	Free reserves or share and/ premium required for implementing the bonus issue	Securities Premium Reserves of Rs.24,75,00,270/- will required for be implementing the Bonus Issue
8.	Free reserves or share and/ premium available for capitalization and the date as on which such balance is available	on March 31, 2021, the Free Reserves, As Premium Reserves and Securities Retained Earnings available for capitalization is aqqreqating to Rs. 881.12 Crores
9.	Whether the aforesaid figures are audited	Yes
10.	Estimated date by which such bonus shares would be credited/ dispatched	Within Two Months from the date of Board Meeting