Rajshree Polypack Limited — Capital/Financing Update 2025

Feb 7, 2025

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Date: - February 7, 2025

To,

National Stock Exchange of India Limited

Listing and Compliance Department Exchange Plaza, C-1, Block G, 5[th] Floor Bandra Kurla Complex, Bandra (E), Mumbai – 400051

- Symbol/Series: RPPL/EQ

Dear Sir/Madam,

Subject: - Statement of deviation or variation under Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements Regulations), 2015, we hereby confirm that there is no deviation or variation in the use of the proceeds, from the objects as stated in the explanatory statement to the Notice and Corrigendum of Notice for Extraordinary General Meeting held on November 8, 2023 for the issue of Equity shares and Convertible warrants into Equity shares on preferential basis.

A statement of deviation in format specified in the SEBI circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019 read with Section IIIC of SEBI Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023, stating there is no deviation or variation in the utilization of these proceeds for the quarter ended December 31, 2024, duly reviewed by the Audit Committee in its meeting held on February 05, 2025 is annexed herewith as “ Annexure– A ”.

Request you to take the aforementioned information on record.

Yours faithfully,

FOR RAJSHREE POLYPACK LIMITED

MAHIPAL Digitally signed by MAHIPAL SINGH SINGH CHOUHAN Date: 2025.02.07 CHOUHAN 13:37:44 +05'30' Mahipal Singh Chouhan Company Secretary & Compliance Officer M. No. A41460

Place: Thane

Encl: As above.

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Annexure A

Statement of Deviation / Variation in utilization of funds raised

Name of listed entity	Name of listed entity	Name of listed entity	Name of listed entity	Rajshree Polypack Limited	Rajshree Polypack Limited	Rajshree Polypack Limited	Rajshree Polypack Limited	Rajshree Polypack Limited	Rajshree Polypack Limited
Mode of Fund Raising				Preferential Issue of Equity Shares				Convertible Warrants into Equity Shares
Date of Raising Funds				December 11, 2023 (Date of Allotment)
Amount Raised (in INR Crores)				16.1975 (Equity Shares)				1.5675 Convertible Warrants into Equity Shares(Refer Note No. 1)
Report filed for quarter ended				December 31, 2024
Monitoring Agency				Not Applicable
Monitoring Agency Name, if applicable				Not Applicable
Is there a Deviation / Variation in use of funds raised				No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders				Not Applicable
If Yes, Date of shareholder Approval				Not Applicable
Explanation for the Deviation / Variation				Not Applicable
Comments of the Audit Committee after review				No Comments
Comments of the auditors, if any				No Comments
Objects for which funds have been raised and where there has been					a deviation in	the followingtable
Original Object		Modified Object, if any	Original Allocation (Amount in Rs. Crores)		Modified allocation, if any	Funds utilized (Amount in Rs. Crores)	Amount of Deviation/ Variation for the quarter ended according to applicable object		Remarks if any
1.	Capital Expenditure	Not Applicable	04.00		Not Applicable	0.00	Nil		-
2.	Long Term working Capital		13.97			13.2625
3.	General Corporate Purpose		04.50			04.50

Note No. 1:- Funds received on account of allotment of 3,00,000 warrants, each convertible into one equity share, of face value of Rs. 10 each upon receipt of warrant subscription price at the rate of Rs. 52.25 per warrant, being 25% of the issue price per warrant as upfront payment.

Deviation or variation could mean:

(a) Deviation in the objects or purposes for which the funds have been raised or

(b) Deviation in the amount of funds actually utilized as against what was originally disclosed or

(c) Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer, etc

FOR RAJSHREE POLYPACK LIMITED

MAHIPAL Digitally signed by MAHIPAL SINGH SINGH CHOUHAN Date: 2025.02.07 CHOUHAN 13:38:07 +05'30'

Mahipal Singh Chouhan Company Secretary and Compliance Officer Place: Thane