Rapicut Carbides Ltd. — Board/Management Information 2020

Apr 1, 2020

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Corporate Relationship Dept. BSE limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai - 400 001.

REF: RCL:KMS:BSE:REG:30/20:

Date: 1[st] April, 2020

Subject: Updates on Resignation of Non Executive Directors.

Dear Sir,

We refer to our announcement submitted to BSE dated 20[th] March, 2020 vide reference no: RCL/KMS/BSE/SEBI-REGULN-30/2020 wherein we intimated about resignation of Non-Executive Directors, Shri. Chetan G Cholera (DIN: 00131143) and Shri. Lalit M Bijlani (DIN: 01382116) to be effective from the conclusion of Board Meeting if held on 5[th] April, 2020.

We hereby inform you that due to ongoing pandemic COVID:19 and total lockdown declared by the Government, the Board Meeting scheduled on 5[th] April, 2020 stands postponed till further notice. As a result the resignation of above two Directors, being conditional, stands extended to the date of the next Board Meeting as and when held for which advance intimation will be sent to you separately.

You are requested to kindly take note of the same.

Thanking you,

Yours truly,

For Rapicut Carbides Limited

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Kamlesh M Shinde Company Secretary & Compliance Officer.