Nucleus Software Exports Ltd — Transaction in Own Shares 2021

Nov 18, 2021

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Dated : November 18, 2021

To, To, The Manager, The Manager National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G, P. J. Towers, Dalal Street Bandra Kurla Complex, Mumbai – 400001 Bandra East, Mumbai – 400051

Subject : Public Announcement for the Buyback of Equity Shares of Nucleus Software Exports Limited (‘NSEL’ or ‘the Company’) through Tender Offer process in terms of the provisions of Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018.

Dear Sir/Madam,

This is in furtherance to our letter dated September 24, 2021, informing about the decision of the board of directors (“Board”) of the Company to Buy-back up to 22,67,400 (Twenty-Two Lakh Sixty-Seven Thousand and Four Hundred Only) fully paid-up Equity Shares of Rs.10/- each of (“the Company”) at a price of Rs. 700/-(Rupees Seven Hundred Only) per Equity Share (“Maximum Buyback Price”) payable in cash for an aggregate amount of up to Rs.1,58,71,80,000 (Rupees One Hundred Fifty-Eight Crore Seventy-One Lakh Eighty Thousand Only) (“Maximum Buyback Offer Size”), on a proportionate basis through the tender offer process.

The Shareholders of the Company approved the proposal of Buyback on November 12, 2021 through postal ballot process. The result was announced on November 16, 2021.

Pursuant to Regulation 5 of the SEBI (Buy-back of Securities) Regulations, 2018 (“Buyback Regulations"), please find attached a copy of special resolution passed by the Members for your records.

Also, pursuant to Regulation 7 of Buyback Regulations and Regulation 47 of SEBI Listing Obligations and Disclosure Requirement) Regulation 2015, Please find enclosed herewith a copy of the Public Announcement dated November 17, 2021 for Buyback of the Company, published on November 18, 2021 in below mentioned newspapers:

Registered Office

33-35 Thyagraj Nagar Mkt, New Delhi - 110003 Tel.: +9.11.2462.7552 F.: +91.11.2462.0872 www.nucleussoftware.com

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1. All India editions of “Business Standard” (English)

2. All India editions of “Business Standard” (Hindi/ Regional Language)

Copy of the Public Announcement will also be made available on the website of the Company at www.nucleussoftware.com in due course of time.

Kindly take note of the same.

For Nucleus Software Exports Limited

Digitally signed Poonam by Poonam Bhasin Bhasin Date: 2021.11.18 18:52:16 +05'30' Poonam Bhasin

Company Secretary & Compliance Officer

Registered Office

33-35 Thyagraj Nagar Mkt, New Delhi - 110003 Tel.: +9.11.2462.7552 F.: +91.11.2462.0872

www.nucleussoftware.com

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