Mukta Arts Ltd. — Capital/Financing Update 2021

May 6, 2021

May 6, 2021

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	BSE LimitedPhiroze Jeejeebhoy Towers,1st Floor, Dalal Street,Mumbai – 400 001	National Stock Exchange of India LimitedExchange Plaza,Bandra Kurla Complex,Bandra (East), Mumbai – 400 051

Kind Attn: Corporate Relations Department

Dear Sirs,

Sub: Investor Funding received In Mukta A2 Multiplex SPC, Bahrain

In pursuance to Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you as under:

Mukta A2 Multiplex S.P.C. (Bahrain) is the Wholly Owned Subsidiary of our Company and in operations since year 2016. The Company is operating a Six Screen Multiplex at Juffair Mall, Bahrain. Now, the Company is aiming to expand its activities and now completing Fit-Outs at 10 Screen Property at Dana Mall, Bahrain on Project Consultancy basis and shall also be operating the same after the same is operational.

The Bahrain Subsidiary is also looking for expanding its activities in Saudi Arabia where the Kingdom has now started permitting Cinema Theatres to operate. In order to meet the cash flow requirement for the same, the Company has obtained equity funding from well-known Indian Film Distributor Company, A. A. Films Pvt. Ltd. Accordingly, the status of Bahrain Company will be changed from Wholly Owned Subsidiary to Partly Owned Subsidiary. Both Mukta Arts Limited and A. A. Films Private Limited have agreed to bring in further capital funding if needed.

This is for your kind information and record.

Thanking you,

Yours Faithfully, For and on behalf of Mukta Arts Limited

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Monika Shah Company Secretary

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