Power Mech Projects Limited — Share Issue/Capital Change 2024

Oct 9, 2024

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Date: October 9, 2024

To To Listing Department Dept. of Corp. Services National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Dalal Street Bandra (E), Mumbai – 400 051 Mumbai- 400001 Symbol/Security ID: POWERMECH Security Code: 539302

Dear Sir/Madam,

Sub: Allotment of Bonus Equity Shares

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In continuation with the our earlier communications dated August 22, 2024, and August 29, 2024, and pursuant to the resolution passed by the shareholders of the Company, In-principle approval received from National Stock Exchange of India Limited and the BSE dated October 4, 2024 and October 7, 2024 respectively, and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations, 2015”), we wish to inform you that the Board of Directors of the Company, vide circular resolution dated October 9, 2024, has, considered and approved the allotment of 1,58,08,146 Equity Shares of ₹10/- each as fully paid-up Bonus Equity shares.

The Bonus Equity Shares are allotted in the proportion of 1:1 i.e., 1 (one) new fully paid-up equity shares of ₹ 10/(Rupees Ten) each for every 1 (One) existing fully paid-up equity share of ₹ 10/- (Rupees Ten) each held, to the eligible Members whose names appeared in the Register of Members and list of beneficial owners as on October 8, 2024, being the record date fixed for this purpose.

Accordingly, the paid-up equity share capital of the Company has increased as follows:

Pre-Allotment	Post-Allotment
1,58,08,146 equity shares of ₹10/- each, amounting to₹ 15,80,81,460/-	3,16,16,292 equity shares of ₹10/- each, amounting to₹31,61,62,920/-

The above mentioned newly allotted Equity Shares shall rank pari-passu and carry the same rights with the existing equity shares of the Company in all respects.

The allotment of Equity shares, pursuant to the Bonus Issue, is made only in dematerialized form. In the case of members who hold equity shares in physical form and do not have demat account, these Bonus Equity shares shall be transferred to “Power Mech Projects Limited- Bonus Escrow Suspense Demat Account” as per the SEBI Regulations and on submission of requisite documents, such Bonus Equity shares would be transferred to the respective demat account of the eligible members.

The above information is also being made available on the website of the Company at https://powermechprojects.com/investor-relations/

Kindly take the above on record.

Yours faithfully, For Power Mech Projects Limited

MOVVA Digitally signed by MOVVA RAGHAVENDRA PRASAD RAGHAVENDRA Date: 2024.10.09 20:04:19 PRASAD +05'30'

M. Raghavendra Prasad Compliance officer ICSI M.no.: A41798

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