Rushil Decor Limited — Capital/Financing Update 2019

Nov 11, 2019

RU\HIL DECOR LIMITED

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Regd. Office: Dist Gandhinagar-382845, Gujarat, INDIA. Gandhinagar-Mansa Road, Ta. Kalol, CIN: L25209GJ1993PLC019532 S. No. 125, Near Kalyanpura Paha, Village ITLA,

Regd. Office: Off Sindhu Bhavan Road, Shilaj, Corporate Office: Rushi\ House CIN: L25209GJ1993PLC019532 Near Neelkanth Green Bungalow, G +91-79-61400400 O +91-79-61400401 (!) www.virlaminate.com Ahmedabad-380058, Gujarat, INDIA.

RDL/039/2019-20 Date: 11.11.2019

To, The National Stock Exchange of India Ltd Exchange Plaza, Bandra - Kurla Complex, Sandra (E), Mumbai - 400 051 Dear Sir/ Madam,

To, BSE Limited Phiroze Jee[j] eebhoy Towers, Dalal Street, Mumbai- 400 001

BSE SCRIPT CODE: 533470 NSE EQUITY SYMBOL: RUSHIL ISIN: INE573K01017

Ref: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

• Sub: Outcome of the Meeting of Board of Directors held on Monday, 11[th ] Day of November, 2019 for raising of fund by right issue

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that in the Board Meeting held today (Monday, 11th Day of November, 2019), the Board of Directors of the Company (Rushil Decor Limited[) ] has considered and approved following

1. Issuance of equity shares of the Company for an amount aggregating upto Rs. 25 Crore[(] Rupees Twenty Five Crore) by way of right issue to the eligible equit[y ] shareholders of the Company as on record date (to be notified subsequently) in accordance with applicable law, including the SEBI (Issue of Capital and Disclosure Re[q] uirements) Re[g] ulations, 2018.

2. Constitution and Authorized the "Fund Raising Committee" to proceed with Right issue forthwith, and inter-alia decide the other terms and conditions of the Right Issue including setting the record date, finalizing the issue size, appointment of intermediaries, finalization of letter of offer and other related matters.

The meeting was commenced at 11 30 AM and concluded at 2:55 PM.

Please take the same in[y] our records and do the needful.

Thankin[g ] You.

Yours Faithfully, For, Rus ·1 nor Limited, N[o ] ·.!<:..___ Hasmukh K. Modi Compliance Officer �[r11,tia][g ][1,][ele No.: (079) 61400400] y;;:J[A2 ][-]

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