Ridhi Synthetics Ltd. — Board/Management Information 2021

Mar 10, 2021

RIDHI SYNTHETICS LIMITED

Regd, Office: 11-B, Mittal Tower, Free Press Journal Marg, Nariman Point, Mumbai - 400021 Tel, No, :022 61155200 / 61155300; Fax. No.: 022 22875197 CIN : L51900MH1981PLC025265

10/03/2021

The Secretary, BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001

Re : Script Code 504365

Subject : Outcome of Beard Meeting held on March 10, 2021 in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir / Madam,

In terms of Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements} Regulations 2015, we wish to inform you that the Board of Directors of the Company at its meeting held on March 10, 2021 has inter-alia transacted the following businesses:

• 1. Increase in the Authorised Share Capital from Rs. 1,00,00,000/- to Rs. 2,50,00,000/-
• 1. Adoption of Memorandum of Association as per the provisions of Companies Act, ²⁰¹³
• 1. Adoption of Articles of Association as per the provisions of Companies Act, ²⁰¹³
• 4, To Call an Extra Ordinary General Meeting for this purpose.

The Board also decided not to proceed further with the Right Issue for the time being.

The Board Meeting commenced at 3.30 pm and concluded at 4.00 pm.

Thanking You, Yours faithfully, For RIDHIT SYNTHETICS LIMITED

^RAho) Suse Pawan Shukla Director Din : 08559774.