Onelife Capital Advisors Ltd — Capital/Financing Update 2021

Sep 2, 2021

CIN: L74140MH2007PLC173660

Regd. Off: Plot No. A 356, Road No. 26, Wagle Industrial Estate, MIDC, Thane (W) - 400604 Thane 400604 Tel no.: 022-25833206; Email id: cs@onelifecapital.in; Web: www.onelifecapital.in

2 nd September, 2021

To Department of Corporate Services Exchange Plaza Phiroze Jeejeebhoy Tower, Bandra- Kurla Complex Dalal Street, Mumbai- 400 001 Bandra, Mumbai- 400 051 Scrip Code: 533632 NSE Symbol: ONELIFECAP

BSE Limited National Stock Exchange of India Ltd

Dear Sir/Madam,

Subject: Justification letter for revised outcome

This is with reference to the outcome submitted by the Company for the Board meeting held on 1st September, 2021 commenced at 4.00 p.m. and concluded at 5.45 p.m. The outcome was submitted within 30 minutes from the conclusion of the board meeting.

Please take note that the name of the investor "Aries Capital Limited" was inadvertently mentioned and is now replaced by "Global Focus Fund".

Except for the above, there are no other changes in the outcome.

Please consider the revised outcome and take the same on your records.

Kindly take the above on your record.

Thanking You,

Yours Faithfully,

For Onelife Capital Advisors Limited

Sd/- Aditi Mahamunkar Company Secretary & Compliance Officer

Encl: As above

CIN: L74140MH2007PLC173660

Regd. Off: Plot No. A 356, Road No. 26, Wagle Industrial Estate, MIDC, Thane (W) - 400604 Thane 400604 Tel no.: 022-25833206; Email id: cs@onelifecapital.in; Web: www.onelifecapital.in

1 st September, 2021

To Department of Corporate Services Exchange Plaza Phiroze Jeejeebhoy Tower, Bandra- Kurla Complex Dalal Street, Mumbai- 400 001 Bandra, Mumbai- 400 051 Scrip Code: 533632 NSE Symbol: ONELIFECAP

BSE Limited National Stock Exchange of India Ltd

Dear Sir/Madam,

Sub: Outcome of Board Meeting of "Onelife Capital Advisors Limited" held on Wednesday, 1st September, 2021 commenced at 4.00 p.m. and concluded at 5:45 p.m.

The Board of Directors at its Meeting held on Wednesday, 1st September, 2021**,** inter alia, discussed the following business:

1. Considered and Approved raising of funds by issue of warrants of the Company to Promoter(s) and Non-Promoter(s) Group on a preferential issue basis in accordance with the provisions of the Companies Act, 2013, Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended and such other acts, rules and regulations as may be applicable, subject to approval of the shareholders of the Company in the ensuing Annual General Meeting and other requisite regulatory approvals.

The information pursuant to Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 is enclosed as Annexure I to this letter.

Kindly take the above on your record.

Thanking You,

Yours Faithfully,

For Onelife Capital Advisors Limited

Sd/- Aditi Mahamunkar Company Secretary & Compliance Officer

Encl: As above

CIN: L74140MH2007PLC173660

Regd. Off: Plot No. A 356, Road No. 26, Wagle Industrial Estate, MIDC, Thane (W) - 400604 Thane 400604 Tel no.: 022-25833206; Email id: cs@onelifecapital.in; Web: www.onelifecapital.in

Annexure I

Details required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015:

Particulars	Disclosure
Type of securities proposed to be issued	Warrants convertible into equity shares of face value of Rs.10 each ("Equity Shares") of the Company ("Warrants")
Type of issuance	Preferential issue
Total number of securities proposed to beissued and the total amount for which thesecurities will be issued	Upto2,00,00,000Warrantsconvertibleinto2,00,00,000 Equity Shares of the Companyof facevalue of Rs. 10/-eachat a premium of Rs. 7.04 perEquity Share aggregating to Rs. 34,08,00,000/-1,00,00,000 to Promoter Group1,00,00,000 to Non-Promoter group
Name, number of the Investors and total forwhich the securities will be issued	Sr.No.	Name oftheinvestors	Category	Number ofWarrants	Value ofwarrants(in Rs.)
	1.	Mr.PandooNaig	PromoterGroup	50,00,000	8,52,00,000
	2.	Mr.PrabhakaraNaig	PromoterGroup	50,00,000	8,52,00,000
	3.	ShreeBalajeeEnterprises	NonPromoterGroup	30,00,000	5,11,20,000
	4.	SareenEnterprises	NonPromoterGroup	30,00,000	5,11,20,000
	5.	AtherstoneCapitalMarketsLimited	NonPromoterGroup	10,00,000	1,70,40,000

CIN: L74140MH2007PLC173660

Regd. Off: Plot No. A 356, Road No. 26, Wagle Industrial Estate, MIDC, Thane (W) - 400604 Thane 400604 Tel no.: 022-25833206; Email id: cs@onelifecapital.in; Web: www.onelifecapital.in

	6.GlobalFocusFund7.AegisInvestmentFundTotal			NonPromoterGroup		15,00,00015,00,000		25,560,000
			NonPromoterGroup					25,560,000
							2,00,00,000		34,08,00,000
	Number of investors: 7a)outcome of the subscription:
Post allotment of securities –outcome ofthe subscription, issue price / allotted price,number of investors; In case of convertibles-intimation on conversion of securities oron lapse of the tenure of the instrument	Name oftheinvestors		Pre-preferentialallotment		Post-preferentialallotment*
			No.		%		No.		%
	Mr.PandooNaig			30,55,000	22.87		80,55,000		24.15
	Mr.PrabhakaraNaig			69,05,00051.68			1,19,05,000		35.69
	ShreeBalajeeEnterprises		NIL	NIL		30,00,000			8.99
	SareenEnterprises		NIL		NIL		30,00,000		8.99
	AtherstoneCapitalMarketsLimited		NILNIL		10,00,000		3.00
		GlobalFocusFund		NIL			15,00,000		4.50
	AegisFund	Investment	NIL		NIL		15,00,000		4.50
	*Assuming post issuance of equity shares upon conversionof all the warrants into equity shares

CIN: L74140MH2007PLC173660

Regd. Off: Plot No. A 356, Road No. 26, Wagle Industrial Estate, MIDC, Thane (W) - 400604 Thane 400604 Tel no.: 022-25833206; Email id: cs@onelifecapital.in; Web: www.onelifecapital.in

b) The warrants will be issued at a price of Rs. 17.04 perwarrant.
Price is determined in terms of SEBI (Issue of Capital andDisclosure Requirements) Regulations, 2018.
c) Warrant would be allotted only upon payment of 25% ofthe price of warrant at the time of allotment.
d) Each warrant is convertible into 1 Equity Shareand theconversion can be exercised at any time within a period of18 months from the date of allotment, in one or moretranches, as the case may be and on such other terms andconditions as applicable.
e) Option for conversion of warrants will be available uponpayment of full price of warrant before such exercise ofoption.
f) Promoters to fully exercise warrants only when they areeligible as per SAST regulations.

CIN: L74140MH2007PLC173660

Regd. Off: Plot No. A 356, Road No. 26, Wagle Industrial Estate, MIDC, Thane (W) - 400604 Thane 400604 Tel no.: 022-25833206; Email id: cs@onelifecapital.in; Web: www.onelifecapital.in