Ritco Logistics Limited — Proxy Solicitation & Information Statement 2024

Jul 15, 2024

Ritco Logistics Limited

Date: 15[th] July, 2024

To To The Manager The General Manager Listing Department Department of Corporate Services National Stock Exchange of India Ltd. Bombay Stock Exchange Limited Exchange Plaza, Plot No. C-1, G Block, 1[st] Floor, New Trading Ring, Rotunda Bandra- Kurla Complex, Bandra (East) Building, Phiroze Jeejeebhoy Towers Mumbai-400051 Dalal Street, Mumbai-400001 NSE SYMBOL: RITCO BSE Scrip Code: 542383

Dear Sir/ Madam,

Subject: Extraordinary General Meeting (EGM) of the Company to be held on Saturday, July 20, 2024 – issue of Corrigendum to Notice of EGM

Vide our announcement dated June 26[th] , 2024 inter alia relating to issuance of Equity Shares of the Company by way of preferential issue to non-promoter group, subject to regulatory approval and shareholders’ approval at the Extra-Ordinary General Meeting (“EGM”) scheduled to be held on Saturday, July 20, 2024 at 01.00 PM.

In this regard, we are attaching a Corrigendum to the Notice of the EGM which is being emailed to the shareholders of the Company. The Corrigendum is also made available on the website of the Company at www.ritcologistics.com.

Request you to take the above Corrigendum on record and oblige.

Yours Faithfully

For Ritco Logistics Limited

Gitika Digitally signed by Gitika Arora Arora Date: 2024.07.15 14:36:45 +05'30' Gitika Arora Company Secretary and Compliance Officer

Place: Gurgaon

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Corp. & Admin. Office : “RITCO HOUSE” 336, Phase-II, Udyog Vihar, Gurugram - 122016, Haryana Ph. : 0124-4702300/301 E-mail : ho@ritcologistics.com CIN No. : L60221DL2001PLC112167 Regd. Office : 508, 5th Floor, Jyoti Shikhar Tower, District Centre, Janakpuri, New Delhi-110058 Ph.: 011-25522158

www.ritcologistics.com

Ritco Logistics Limited

CORRIGENDUM TO THE NOTICE OF EXTRAORDINARY GENERAL MEETING OF THE SHAREHOLDERS TO BE HELD ON JULY 20, 2024 AT 01.00 P.M.

This Corrigendum is being issued in continuation of the Notice dated June 26,2024 convening the Extraordinary General Meeting (“EGM”) of Ritco Logistics Limited (“the Company”) on Saturday, July 20, 2024, at 01:00 P.M. (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The Notice of the EGM has been dispatched to the shareholders of the Company in due compliance with the provisions of the Companies Act, 2013 read with the relevant rules made thereunder. Except for the changes as under, all contents of the Notice to the Shareholders remain the same.

ITEM NO. 2

We refer to Sub point (c) of Point (D) on page 21 of Item No. 2, of the explanatory statement, under the heading “Necessary information or details in respect of the proposed preferential issue of Equity Shares in terms of Section 42 and 62(1)(c) of the Act read with Rule 14(1) of the Companies (Prospectus and Allotment of Securities) Rules, 2014 and Chapter V of the SEBI (ICDR) Regulations” in the EGM Notice the point “Method of determination of price as per the Articles of Association of the Company – Not applicable as the Articles of Association of the Company are silent on the determination of a floor price/ minimum price of the shares issued on preferential basis” shall be substituted by “ Method of determination of price as per the Articles of Association of the Company – The Valuation report was obtained in compliance with clause 14 (c) of the Article of Association of the Company, which mandates that further issue of shares shall be offered if the price of such shares is determined by the valuation report of a registered valuer and the same has been taken from M/s. Tarun Jain & Associates, (Registration No.: IBBI/RV/02/2018/10045) a registered valuer and the price determined through Valuation report of M/s. Tarun Jain & Associates, (Registration No.: IBBI/RV/02/2018/10045).] i.e., Rs. 259.03/per Equity Share.”

In respect of the aforesaid subject matters and Pursuant to the clarification sought by National Stock Exchange of India Limited and BSE Limited, the Members are requested to take note of the following:

1. Sub point (c) of Point (D) on page 21 of Item No. 2, of the explanatory statement of the EGM Notice shall be read as - Method of determination of price as per the Articles of Association of the Company – The Valuation report was obtained in comply with clause 14 (c) of the Article of Association of the Company, which mandates that further issue of shares shall be offered if the price of such shares is determined by the valuation report of a registered valuer and the same has been taken from M/s. Tarun Jain & Associates, (Registration No.: IBBI/RV/02/2018/10045) a registered valuer and the price determined through Valuation report of M/s. Tarun Jain & Associates, (Registration No.: IBBI/RV/02/2018/10045).] i.e., Rs. 259.03/- per Equity Share.”

2. The Board of Directors have taken note of Corrigendum to the EGM Notice in their meeting held on Saturday 13, 2024 and noted that no other change is required in the Notice of this EGM.

Members are requested to read the EGM Notice in conjunction with this Corrigendum. All other contents of the EGM Notice remain unchanged.

A copy of this Corrigendum to the EGM Notice shall be available on the Company’s website at www.ritcologistics.com and websites of the Stock Exchanges i.e. www.nseindia.com and www.bseindia.com

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Corp. & Admin. Office : “RITCO HOUSE” 336, Phase-II, Udyog Vihar, Gurugram - 122016, Haryana Ph. : 0124-4702300/301 E-mail : ho@ritcologistics.com CIN No. : L60221DL2001PLC112167 Regd. Office th : 508, 5 Floor, Jyoti Shikhar Tower, District Centre, Janakpuri, New Delhi-110058 Ph.: 011-25522158

www.ritcologistics.com

Yours Faithfully For Ritco Logistics Limited

Sd/Gitika Arora Company Secretary and Compliance Officer

Date: 15/07/2024

Place: Gurgaon