MKP Mobility Limited — M&A Activity 2022

May 24, 2022

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NAVIGANT CORPORATE ADVISORS LIMITED

Regd Office: 4118, Rustomjee Eaze Zone, Laxmi Singh Complex, Goregaon Mulund Link Road, Malad West, Mumbai-400 064

Corporate Office: 423, A Wing, Bonanza, Sahar Plaza Complex, J B Nagar, Andheri-Kurla Road, Andheri (East) Mumbai-400 059; Tel: +91-22- 4120 4837 / +91 22 4973 5078 Email: navigant@navigantcorp.com; Website: www.navigantcorp.com (CIN: L67190MH2012PLC231304)

Date: 24.05.2022

The Manager Dept. of Corporate Services BSE Limited , Phiroze Jeejeebhoy Towers, Dalal Street, Fort Mumbai – 400 001

Sub: Submission of corrigendum to the detailed public statement in terms of SEBI SAST (Regulations), 2011 of Chitradurga Spintex Limited (BSE Code: 521244)

- - Ref.: Open Offer to acquire upto 9,25,868 equity shares of Rs. 10/ each at a price of Rs. 15/ per - ‘ ’ fully paid up Equity Share of Chitradurga Spintex Limited ( Target Company ) representing 26.00% of the Emerging Equity and Voting Share Capital by Mr. Jitesh Mahendra Patodia (Acquirer-1) And Mr. Anshay Jitesh Patodia (Acquirer-2) (hereinafter referred to as "the Acquirers")

Dear Sir,

This is with reference to the above please find the corrigendum to the detailed public statement in terms of SEBI SAST (Regulations), 2011 being issued by us on behalf of captioned Acquirers with regard to open offer for acquisition of Equity Shares of Chitradurga Spintex Limited (Target Company) by Acquirers which was published on 24[th] May, 2022 in Business Standard - English Daily (all editions); Business Standard - Hindi Daily (all editions); Mumbai Lakshadeep - Marathi Daily (Mumbai edition) and Hosadigantha - Kannad Daily (Shimoga edition).

We certify that the contents of the PDF format in soft copy are identical with the hard copy of corrigendum to the detailed public statement.

Thanks & Regards,

For Navigant Corporate Advisors Limited

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Sarthak Vijlani Managing Director

CORRIGENDUM TO THE DETAILED PUBLIC STATEMENT FOR ATTENTION TO THE SHAREHOLDERS OF CHITRADURGA SPINTEX LIMITED

(CIN: L85110KA1990PLC011467) ("CSL" /TARGET COMPANY"/"TC")

Registered Ofce: Post Box No. 9, Bangalore Road, Chitradurga District, Challakere, Karnataka-577522; Phone No.: +91-08195-222258 / 222428; Email id: chitraspin@gmail.com; Website: www.chitradurga.co.in; www.chitraspinltd.com

In compliance with Regulations 3 (1) and 4 read with Regulations 15 of the SEBI (SAST) Regulations, 2011

This corrigendum to the detailed public statement is being issued by Navigant Corporate Advisors Limited, on behalf of Mr. Jitesh Mahendra Patodia (Acquirer-1) and Mr. Anshay Jitesh Patodia (Acquirer-2) (Hereinafter "Acquirer-1" and "Acquirer-2" jointly referred as Acquirers) in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended ( “SEBI (SAST) Regulations” ) and the SEBI Observation Letter no. SEBI/HO/CFD/DCR-1/P/OW/2022/20976/1 dated 18th May, 2022 in respect of Open Offer ( “Offer” ) for the acquisition up to 9,25,868 Equity Shares of Rs. 10/- each representing 26.00% of the Emerging Equity and Voting Share Capital of the Target Company at a price of Rs. 15/- per share. The Detailed Public Statement ( “DPS” ) pursuant to the Public Announcement ( “PA” made by the Acquirers have appeared in Business Standard - English Daily (all editions); Business Standard - Hindi Daily (all editions); Mumbai Lakshadeep - Marathi Daily (Mumbai edition) and Hosadigantha - Kannad Daily (Shimoga edition) on 13th April, 2022.

THE SHAREHOLDERS OF THE TARGET COMPANY ARE REQUESTED TO KINDLY NOTE THAT THE FOLLOWING INFORMATION RELATED TO OFFER:

1. Update in the schedule of Activities: The original and revised schedule of activities is set forth as below:

Activity	Original Date	Original Day	Revised Date	Revised Day
Public Announcement	06.04.2022	Wednesday	06.04.2022	Wednesday
Publication of Detailed Public Statement in newspapers	13.04.2022	Wednesday	13.04.2022	Wednesday
Submission of Detailed Public Statement to BSE, Target	13.04.2022	Wednesday	13.04.2022	Wednesday
Company& SEBI
Last date of lingdraft letter of offer with SEBI	22.04.2022	Friday	18.04.2022	Monday
Last date for a Competingoffer	09.05.2022	Monday	09.05.2022	Monday
Receipt of comments from SEBI on draft letter of offer	17.05.2022	Tuesday	18.05.2022	Wednesday
Identied date	19.05.2022	Thursday	20.05.2022	Friday
Date bywhich letter of offer be dispatched to the shareholders	26.05.2022	Thursday	27.05.2022	Friday
Last date for revisingthe Offer Price	01.06.2022	Wednesday	02.06.2022	Thursday
Comments from Committee of Independent Directors of	31.05.2022	Tuesday	01.06.2022	Wednesday
Target Company
Advertisement of Schedule of activities for open offer, status	01.06.2022	Wednesday	02.06.2022	Thursday
of statutory and other approvals in newspapers and sending to
SEBI,Stock Exchange and Target Company
Date of Openingof the Offer	02.06.2022	Thursday	03.06.2022	Friday
Date of Closure of the Offer	15.06.2022	Wednesday	16.06.2022	Thursday
Payment of consideration for the acquired shares	29.06.2022	Wednesday	30.06.2022	Thursday
Final report from Merchant Banker	06.07.2022	Wednesday	07.07.2022	Thursday

All other terms and conditions remain unchanged. Capitalized terms used in this announcement, but not dened, shall have the same meaning assigned to them in the PA, DPS and LOF.

ISSUED BY MANAGER TO THE OFFER FOR AND ON BEHALF OF THE ACQUIRERS MR. JITESH MAHENDRA PATODIA AND MR. ANSHAY JITESH PATODIA

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NAVIGANT CORPORATE ADVISORS LIMITED

423, A Wing, Bonanza, Sahar Plaza Complex, J B Nagar, Andheri Kurla Road, Andheri (East), Mumbai-400-059. Tel No. +91 22 4120 4837 / 4973 5078 Email id: navigant@navigantcorp.com Website: www.navigantcorp.com SEBI Registration No: INM000012243 Contact person: Mr. Sarthak Vijlani

Place: Mumbai Date: May 23, 2022

Sunjeet Comm.