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Patel Integrated Logistics Ltd Capital/Financing Update 2021

Dec 10, 2021

63648_rns_2021-12-10_b67dc6c8-763e-4fe6-a143-c7cf81a1647e.pdf

Capital/Financing Update

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PILL: SEC: NBA: 21-22/61 10° December, 2021

To To BSE Ltd. National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort Bandra-Kurla Complex, Mumbai — 400 001. Bandra (East), SCRIP CODE: 526381 Mumbai — 400 051. PATINTLOG

Dear Sirs,

Sub.: Update on Company's Rights Issue of upto INR 4000 Lakhs

Dear Sir/Ma'am

The Company has received proceeds of ri ght issue of Rs.10,00,00,000 less expenses related to tight issue in its Bank Account. The Company is in the process of deploying the fund to reduce the debt as mentioned in Letter of Offer so that the interest cost can be saved. This will benefit the financials also. Registered office : Patel House, 48, Gazdar Bandh, North Avenue Road, Santacruz (West), Mumbai, Maharashtra, India - 400054. Tel: (+91) 022 26050021 / 26421218 Website : www.patel-indiacom CIN: L71110MH1962PLC012396

Kindly take the notice on record and acknowledge.

Thanking You

Yours' faithfully, For PATEL INTEGRATED LOGISTICS LIMITED

(SWETA PAREKH) COMPANY SECRETARY