NACL Industries Limited — Share Issue/Capital Change 2020

Dec 18, 2020

Ref: NACL/SE/2020-21 18 December, 2020

Dalal Street, Fort, Plot No.C/1 G Block, MUMBAI - 400001. MUMBAI - 400051. Company Code: 524709 Script ID: NACLIND

1. BSE Limited 2) National Stock Exchange of India Ltd Phiroze Jeejeebhoy Tower, Exchange Plaza, 5t® Floor, Mumbai, Maharashtra, Bandra- Kurla Complex, Bandra(E),

Dear Sir,

• Sub: Allotment of 34,20,000 Equity Shares of Rs.1/- each (at a price of Rs.39/- per share) upon conversion of 34,20,000 Convertible Warrants into equity shares.
• Ref: Intimation pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015,

We wish to inform that, the Mrs.K.Lakshmi Raju, Promoter & Warrant holder, has exercised her right of converting the 34,20,000 (Thirty Four Lakhs and Twenty Thousand), out of total allotted 50,00,000 Warrants, issued and allotted by the Company on 30th September, 2020 on preferential basis, by submitting Warrant Conversion Form along with Warrant Exercise Amount of Rs.29.25/ per warrant (i.e. 75% of the issue price) aggregating Rs.10,00,35,000 (Rupees Ten Crores and Thirty Five Thousands Only).

Upon the aforesaid exercise of options for converting the Warrants into Equity shares, the Stakeholders Relationship Committee ('SRC'), duly authorised by the Board of Directors in this regard, in its meeting held on Friday, the 18 day of December, 2020 has inter-alia allotted 34,20,000 (Thirty Four Lakhs and Twenty Thousand) Equity Shares of face value of Rs.1/- each to Mrs.K.Lakshmi Raju, at an issue price of Rs.39/- per share (i.e. premium of Rs.38/- each) in the ratio of

Ny Regd: lotN 2-A, 'C' Block, Lakshmi Towers, No. 8-2-248/1/7/78, Nagarjuna Hills, Panjagutta, Hyderabad - 500 082, Telangana, INDIA. — Phigne : +91-40-33185100, Fax : +91-40-23358062 E-mail : info@naclind.com Website : www.naclind.com SS CIN : L24219TG1986PLC016607 Factory- echnical : Factory-Formulation : R&D Centre :

Plot # 177, Arinama Akkivalasa Village, Allinagaram | Unit - 1, Unit - Il Sy. No. 1710 & 1711, ste Pa EPO gaan Post, Etcherla Mandal, Srikakulam - 532403, A.P. Ethakota-533238, Ravulapalem Mandal | Village & Mandal, R.R.District, Te atest - 509228 Phone : +91-08942-231172, 300400 / 401 East Godavari Dist., A.P. Phone : +91-08548-305004 Fax : +91-08942-231171 Phone : +91-8855-305617 / 627 Fa x : +91-08548-305801

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Continuation Sheet... 'NACL Industries Limited

Subsequent to allotment of the aforesaid equity shares, the paid up share capital of the Company stand increased from Rs.19,27,97,758/- (Rupees Nineteen Crores Twenty Seven Lakhs Ninety Seven Thousand Seven Hundred and Fifty Eight Only) divided into 19,27,97,758 equity shares of Rs.1/- each to Rs.19,62,17,758/- (Rupees Nineteen Crores Sixty Two Lakhs Seventeen Thousand Seven Hundred and Fifty Eight Only) divided into 19,62,17,758 equity shares of Rs.1/-.

Kindly take the above information into records.

Thanking you,

for NACL Industries Limited

AYyuloecdbs

Satish Kumar Subudhi

Company Secretary & Head-Legal