Netlink Solutions (India) Ltd. — Board/Management Information 2023

Aug 8, 2023

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August 08, 2023

To,

BSE Limited 25th Floor, P.J. Towers, Dalal Street, Fort Mumbai– 400 001

Sub.: Outcome of the Board Meeting of Netlink Solutions (India) Limited held on Tuesday, August 08, 2023.

Ref.: Scrip Code: 509040

Dear Sir,

Pursuant to Regulation 30 read with Schedule III, Part A of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 (“SEBI Regulations”) on the captioned subject, we would like to inform that the Board of directors of the Company in their meeting held on Tuesday, August 08, 2023, have approved the following:

1. Alteration of the Main and Objects incidental or ancillary to the attainment of the main objects of Memorandum of Association (“MoA”) of the Company subject to the approval of shareholders of the Company at their ensuing Annual General Meeting.

2. Subject to alteration of the objects clause, in-principally approved the proposal to incorporate/open/establish a subsidiary in the United States of America (the USA) for the purpose of business of the Company.

The details required under regulation 30 of SEBI Regulations and pursuant to Master SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are enclosed as Annexure A.

The said meeting of the Board of Directors commenced at 6.00 P.M. and concluded at 6.30 P.M.

Kindly note the same on your records and acknowledgement the receipt. Thanking you, Yours truly, For Netlink Solutions (India) Limited

MINESH Digitally signed by MINESHVASANTLAL MODIDN: cn=MINESH VASANTLAL MODI, c=IN, l=MUMBAI, VASANTL st=MAHARASHTRA, o=Personal,email=MINESH1.MODI@GMAIL. COM,serialNumber=59c849b5fc318e4f6ad AL MODI 646054a609e3891538ced7465231907b0763786761c91 Date: 2023.08.08 18:32:11 +05'30'

Minesh Modi Whole Time Director DIN: 00378378

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Annexure A

• A. Disclosure under regulation 30 of SEBI Regulations read with Schedule III, Part A (Para A) and pursuant to Master SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023

1. Summary of Alteration of Memorandum of Association (“MoA”) of the Company:

1. A. Alteration in Main Object(s): Insertion of the following sub-clause after the existing sub-clause 1(b) in Clause III (A) of the Memorandum of Association:

   • 1(c). To carry on the business in India and abroad as buying, selling, reselling, importing, exporting, transporting, storing, developing, promoting, marketing or supplying, trading, dealing in any manner whatsoever in all type of goods on retail as well as on wholesale basis as Traders, Distributors, Dealers, Wholesaler, Retailers, Exporter, Importer, Brokers, Stockiest & Commission agent, professional fees, Agency business, Selling & Marketing Business, of Agricultural, Commercial, Industrial products, Household, Domestic, Automobiles, Farms and Forest product, Food product, Leather & Leather Products, Rubber and rubber product. Petroleum and Petroleum Products, Engineering product goods, Plant & Machinery, Equipment, Apparatus and other Gadgets, Appliances, Accessories, Spare parts, Computer Hardware, Software, all type of Dyes & Chemicals, Minerals, Pharmaceutical, Wool, Silk, Yarn, Fibres, Garments, Textiles, Paper & all kind of Boards, Tea, Timber Products, Rubber, Plastics, Footwears, Marbles, Granites, Cement and Ceramic Tiles, Pesticides, Glass & Glassware, Tyres & Tubes, Cement, Fertilizers, Iron & Steel, Copper, Gold, Silver, Diamonds, Precious Stones and Jewelry, Currency, Ferrous & Non Ferrous Metals, Electronic toys, Games, Batteries, Button Cells, Telephones & Sim-cards, Gas Lighters, Calculating Machines, Electronic Organizers, Computer Floppy Diskettes, Audio Video tapes, Compact Discs, T.V. Software, Film and TV Serials, e-commerce, Tele Marketing and internet portals or any other merchandise and commodity.

2. B. Alteration in the objects incidental or ancillary to the attainment of the main objects: by substitution of the following sub-clause 8 in place of the existing sub-clause 8 of the Clause III (B) as follows:

   1. To establish, subsidise, promote, to undertake the business of the Company in any of the objects specified above and to assist companies and firms carrying on the business similar to those of this Company and to acquire, dispose of shares and interest in such companies, whether within or outside India, whether by itself or by a wholly owned subsidiary, subsidiary along with other/others or as a joint venture with any other institution, corporate body or other person in India or elsewhere.

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• B. Disclosure under regulation 30 of SEBI Regulations read with Schedule III, Part A (Para B) and pursuant to Master SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023

2. Summary of Adoption of new line(s) of business:

Industry or area to which the : To carry out trading of various types of goods or services in new line of business belongs to general. Expected benefits : For further expansion of the business Estimated amount to be invested : To be determined

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