Rajratan Global Wire Ltd — Capital/Financing Update 2022

Mar 29, 2022

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RGWL/21-22/

29[th] March, 2021

To BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai 400001 Scrip Code – 517522	To National Stock Exchange of India Limited ‘Exchange Plaza’, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Symbol - RAJRATAN

Sub: Intimation of Receipt of Subsidy / Investment Promotion Assistance by MP Industrial Development Corporation Limited (Government of Madhya Pradesh Undertaking) under Madhya Pradesh Nivesh Protsahayan Yojana, 2014 / Investment Promotion Assistance Scheme

Dear Sir,

With reference to above subject and our earlier letters dated 1[st] December, 2020 and 21[st] September, 2021 we wish to inform you as follows -

1. MP Industrial Development Corporation Limited (Government of Madhya Pradesh Undertaking) has revised the amount of Investment Promotion Assistance (IPA) from Rs. 19.74 Crores to Rs. 22.92 Crores under Madhya Pradesh Nivesh Protsahayan Yojana, 2014 / Investment Promotion Assistance Scheme to the Company.

2. The eligibility period of assistance is 7 years and the yearly sanctioned amount of IPA has been increased to Rs. 3.27 Crores from Rs. 2.82 Crores.

3. The Company had received two tranches of Rs. 2.82 Crores each which were intimated to exchanges earlier. Further the company has now received Rs. 4.17 Crores which includes Rs. 3.27 Crore towards third tranch and Rs. 0.90 Crore towards balance payment of earlier tranches.

Kindly take the above information on your records.

Thanking you, Yours faithfully, For Rajratan Global Wire Limited

CS. Shubham Jain Company Secretary & Compliance Officer

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