MOIL Limited — Capital/Financing Update 2022

Feb 24, 2022

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MOIL LIMITED

(A Government of India Enterprise) Regd. Off.: MOIL Bhawan, 1A Katol Road, NAGPUR – 440 013

Website: www.moil.nic.in, E-Mail ID: compliance@moil.nic.in, Ph.: 0712- 2806182, Fax: 0712-2591661, CIN:L99999MH1962GOI012398

CS/NSE-BSE/2021-22/280 Date: 22.02.2022

The Manager	The Manager
Listing Department	Department of Corporate Services
National Stock Exchange of India Ltd.	BSE Limited
Exchange Plaza, C-1, Block G,	25thFloor, Phiroze Jeejeebhoy Towers
Bandra Kurla Complex Bandra, East, Mumbai,	Dalal Street
Maharashtra- 400051	Mumbai, Maharashtra- 400 001
Symbol: MOIL	ScripCode: 533286

Sub: Completion of extinguishment of 3,38,42,668 fully paid up equity shares of Rs. 10/- each of MOIL Limited (“Company”) and reconciliation of the Share Capital of the Company

Dear Sir/Madam,

Pursuant to the Public Announcement dated February 18, 2022 and published on February 19, 2022 (“the Public Announcement ”) and the letter of offer dated January 18, 2022 (“the Letter of Offer ”) the tendering period for the Buyback Offer opened on Friday, January 28, 2022 and closed on Thursday, February 10, 2022.

In accordance with the provisions of Regulation 11 of the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018 as amended (the “ Buyback Regulations ”), this is to inform you that the Company has extinguished 3,38,42,668 fully paid up Equity Shares of Rs. 10/- each. A copy of the letter dated February 21, 2022 of National Securities Depository Limited confirming extinguishment of shares is enclosed herewith as Annexure A .

In accordance with the provisions of Regulation 24(iv) of the Buyback Regulations, the following are the details of the Equity Shares bought back by the Company during the Tendering Period and extinguished:

Reconciliation of the Share Capital of the Company (Pre and Post Extinguishment):

SLNO	PARTICULARS	NO OF EQUITYSHARE OF RS 10/-**EACH **	EQUITY SHARECAPITAL (RS)
1	ISSUEDCAPITALBEFOREEXTINGUISHMENTOFEQUITYSHARES (A)	23,73,27,879	2,37,32,78,790
2	EQUITYSHARESINDEMAT/ELECTRONIC FORM TO BEEXTINGUSIHED**(B)**	3,38,42,668	33,84,26,680
	ISSUEDCAPITAL(POSTEXTINGUISHMENT) (A-B)	20,34,85,211	2,03,48,52,110

Notes:

1. Paid-up Equity Share Capital of the Company prior to the extinguishment was Rs. 2,37,32,78,790 (23,73,27,879 equity shares of Rs. 10 each).

2. The Buyback Committee in their meeting held on February 18, 2022 approved the extinguishment of 3,38,42,668 equity shares of Rs.10 each.

Further, we would like to inform that the above extinguishment has been done as per the provisions of Buyback Regulations.

The number of Equity Shares bought back and the post-Buyback shareholding pattern were disclosed in the Post Buyback Public Announcement published on February 19, 2022 and submitted for your records on February 19, 2022 and have been reproduced in Annexure B for ease of reference.

The terms used but not defined in this letter shall have the same meaning as assigned in the Public Announcement and the Letter of Offer.

Thanking you,

Yours faithfully

For MOIL Limited

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Neeraj Dutt Pandey, Company Secretary and Compliance Officer

Encl: As above

Annexure A

Ref : II/CA/COM/10709/2022

February 21, 2022

Mr. Neeraj Kumar Pandey Comapny Secretay MOIL Limited MOIL Bhawan 1-A, Katol Road Nagpur - 440013

Sub : Buy-back (tender offer)

Dear Sir,

As per the corporate action(s) executed by your R&T Agent/Registry Division viz; Bigshare Services Pvt. Limited , Equity Shares were credited/debited to the account(s) in the NSDL system, details of which are given below :

given below :
ISIN	ISIN Description	D/C	Records	Quantity	Execution Date
INE490G01020	MOIL LIMITED EQ NEW F.V. RS.10/-	Debit	1	33,842,668.000	21/Feb/2022

You may contact your R&T Agent/ Registry Division for further details in this regard.

Yours faithfully,

Rakesh Mehta Vice President

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Annexure B

The shareholding pattern of the Company pre-Buyback (as on Record Date i.e. Friday, December 31, 2021) and post-Buyback, is as under:

	P Bbk*		Pt Bbk#
	re uy-ac		os uy-ac
		% to
Particulars				% to post
	Number of	existingEuit	Number of	Buy- back
	Shares	qyShare**capital **	Shares	Equity Sharecapital
Promoters	15,27,29,899	64.35	13,16,24,088	64.68
Foreign Investors (includingNon Resident Indians, FIIs,FPIs and Foreign MutualFunds)	1,31,05,019	5.52	7,18,61,123	35.32
Financial Institutions/ Banks/Mutual Funds promoted byBanks/ Institutions	2,98,95,139	12.60
Other (public, public bodiescorporate etc.)	4,15,97,822	17.53
Total	23,73,27,879	100.00	20,34,85,211	100.00