NDL Ventures Limited — Capital/Financing Update 2021

Nov 1, 2021

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Date: November 1, 2021

To, Department of Corporate Services Department of Corporate Services BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street, Bandra-Kurla Complex Mumbai – 400 001 Bandra (East) Scrip Code: 500189 Mumbai – 400 051 Scrip Code: NXTDIGITAL

Sub: Outcome of meeting of the Rights Issue Committee held on November 1, 2021 Ref: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”)

Dear Sir/Madam,

This is further to our letter dated October 18, 2021, intimating the Record Date for the proposed Rights Issue of the Company (“ Rights Issue ”). In relation to the Rights Issue, the Rights Issue Committee of NXTDIGITAL Limited, has approved today i.e., November 1, 2021, the followings:

1. Schedule of the Rights Issue:

Issue Opening Date	Monday,November 15,2021
*Last date for On Market Renunciation of Rights Entitlements **	Wednesday,November 24,2021
**Issue Closing Date# **	Monday,November 29,2021

*Eligible Equity Shareholders are requested to ensure that renunciation through off-market transfer is completed in such a manner that the Rights Entitlements are credited to the demat account of the Renouncees on or prior to the Issue Closing Date.

#The Board or a duly authorised committee thereof will have the right to extend the Issue period as it may determine from time to time but not exceeding 30 (thirty) days from the Issue Opening Date (inclusive of the Issue Opening Date). Further, no withdrawal of Application shall be permitted by any Applicant after the Issue Closing Date.

2. Adoption of ‘Letter of Offer’ and ‘Abridged Letter of Offer’

In accordance with all applicable law including provisions of the Companies Act, 2013, and rules thereunder, as amended, the applicable provisions of the regulations issued by the SEBI, the Committee has approved the letter of offer and abridged letter of offer.

The ‘Letter of Offer’ and ‘Abridged Letter of Offer’ will be filed with BSE Limited, National Stock Exchange of India Limited and the Securities and Exchange Board of India and will be despatched to the Eligible Equity Shareholders of the Company as on Record Date in due course.

We request you to take this on record, and to treat the same as compliance with the applicable provisions of the Listing Regulations.

Thanking you.

For NXTDIGITAL LIMITED

(Formerly known as Hinduja Ventures Limited) ASHISH Digitally signed by ASHISH PANDEY Ashish Pandey PANDEY Date: 2021.11.01 19:57:34 +05'30' Company Secretary

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