Modern Insulators Ltd. — Capital/Financing Update 2025

Feb 20, 2025

Registered Office & Works : Talheti, Village : Karoli, Tehsil: Abu Road, Dist : Sirohi - 307510 ( Rajasthan ) India Phone : 02974 – 228044, 228045, 228046, 228047 www.moderninsulators.com CIN- L31300RJ1982PLC002460

Email : milabu@moderninsulators.com

Date: Feb 20, 2025 BSE Ltd. Department of Corporate Services 1st Floor, New Trading Ring, Rotunda Building P J Towers, Dalal Street, Fort Mumbai - 400 001

Scrip Code: 515008

Sub: Disclosure under Regulation 30 of SEBI (LODR), Regulations, 2015

Dear Sir/Ma’am,

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company in its meeting held today, i.e. February 20, 2025 approved to Invest in Sohum India Opportunities Fund, Category III Alternate Investment Fund.

The disclosure in respect of the said investment, as required under Regulation 30 of the SEBI Listing Regulations, read with Schedule III thereto and the SEBI Circular No. CIR/CFD/CMD// dated September 9, 2015, is also attached as Annexure –I to this letter.

The Board Meeting commenced at 4:00 P.M. and concluded at 4.30 P.M.

This is for your information and records.

Thanking You,

For Modern Insulators Limited

PRADEEP Digitally signed by PRADEEP KUMAR KUMAR GOKHROO Date: 2025.02.20 GOKHROO 16:53:41 +05'30'

P.K. Gokhroo Executive Director DIN: 06810797

Requisite details of the transaction

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Sr. Particulars
No.
1 Name of the target Company /Fund Sohum India Opportunities Fund
2 Whether the transaction fall under the No, this transaction of acquisition of
Related Party transactions? If yes, whether shares does not constitute a related
the same is done at “arm’s length” party transaction
3 Whether the promoter/promoter As of date, the Company’s Promoters
group/group companies have any interest in do not have any interest in the
the transaction? If yes, nature of interest and transaction.
details thereof
4 Industry to which the entity being acquired Not Applicable
belongs;
5 Objects and effects of acquisitions (including Long Term Investment
This equity ownership is made but not limited
to, disclosure of reasons for as a Long-Term
investment. the acquisition of the target
entity, if its business is outside the main line
of business of the listed entity)
6 Brief details of any governmental or Not Applicable
regulatory approvals required for the
acquisition.
7 Indicative time period for completion of this Not Applicable
transaction
8 Nature of consideration and details for the Cash consideration amounting Rs. 10
same Crores. (in tranches)
9 Price at which the shares are purchased Not Applicable
10 Percentage of shareholding / control invested Not Applicable
and / or number of shares invested (Purchase
Shares)
11 Brief background about the entity/ fund. Sohum India Opportunities Fund is a
long open ended category III Alternate
Investment Fund investing in atleast
70% large cap stocks, 10-30% in
mid/small cap stocks based on GARP
investing (growth at reasonable price).
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